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Polybutene-1 Market Trends

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

Polybutene-1 Market Trends

Rapid growth in the construction sector is a major driver for the polybutene-1 (PB-1) market. As construction activities expand globally, there is an increasing demand for durable and flexible materials like PB-1, which is widely used in piping systems and construction applications. PB-1's properties, such as resistance to corrosion and excellent thermal stability, make it an ideal choice for modern infrastructure projects. The rise in infrastructure development, including residential, commercial, and industrial buildings, propels the need for high-performance materials. Additionally, the growing trend towards renovation and upgrading of existing infrastructure further boosts PB-1's market demand. This robust growth in construction translates into increased consumption of PB-1, driving market expansion and opportunities for manufacturers.
 

Advancements in polymer technology are a key driver for the growth of the Polybutene-1 (PB-1) market. Innovations in polymerization techniques have improved the quality and performance of PB-1, enhancing its properties such as flexibility, chemical resistance, and thermal stability. These technological advancements enable the production of PB-1 with better consistency and lower defect rates, making it a more attractive option for high-demand applications like piping systems, packaging, and adhesives. Furthermore, the development of more efficient manufacturing processes has the potential to reduce production costs, making PB-1 more competitive with alternative materials. As a result, these technological improvements are fueling increased adoption and expanding the market opportunities for PB-1 across various industries.

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.

Polybutene-1 Market Scope

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Premium Report Details

  • Base Year: 2024
  • Companies covered: 11
  • Tables & Figures: 532
  • Countries covered: 18
  • Pages: 205
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