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Polybutene-1 Market Share

Report ID: GMI4669
Published Date: Nov 2024
Report Format: PDF

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Polybutene-1 Market Share

Companies include, Braskem, a global leader in chemicals, has pioneered high-performance PB-1 resins, especially for use in construction and automotive sectors, while also advancing sustainable production practices. Daelim, with its cutting-edge manufacturing technologies, has expanded PB-1’s use in energy-efficient piping systems and fuel lines. LyondellBasell Industries, known for its innovation in polymer technology, has produced high-quality PB-1 grades used in medical, automotive, and consumer goods applications, helping establish PB-1 as a versatile material. Mitsui Chemicals has been at the forefront of R&D, improving PB-1’s performance for flexible packaging and automotive parts. Meanwhile, Shandong Hongye Chemical has played a crucial role in the growth of the PB-1 market in Asia by offering cost-effective production solutions. Together, these companies have shaped the global PB-1 market through innovation, technological advancements, and strategic expansion.

Polybutene-1 Market Companies

Major players operating in the polybutene-1 industry are:

Braskem
Daelim
LyondellBasell Industries Holdings B.V.
Mitsui Chemicals
Shandong Hongye Chemical
Shandong Tengzhou Rida Chemical Co., Ltd.
Shell Chemicals USA
TPC Group
Ylem Grade
Ylem Technology

Authors: Kiran Pulidindi, Kunal Ahuja

Frequently Asked Questions (FAQ) :

The global market size for polybutene-1 was valued at USD 373.4 million in 2024 and is projected to reach USD 468.6 million by 2034, driven by a CAGR of over 2.4% from 2025 to 2034.

The plumbing system segment held a 52.1% market share in 2024, amounting to USD 193.6 million, and is expected to grow at a 2.4% CAGR from 2025 to 2034, driven by the need for durable and corrosion-resistant materials.

The U.S. market is projected to achieve USD 92.8 million by 2034, driven by a CAGR of 1.8% from 2025 to 2034, due to expanding applications in plumbing, automotive, and packaging sectors.

Major players in the industry include Braskem, Daelim, LyondellBasell Industries Holdings B.V., Mitsui Chemicals, Shandong Hongye Chemical, Shandong Tengzhou Rida Chemical Co., Ltd., Shell Chemicals USA, and TPC Group.