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Polyisobutylene (PIB) Market Industry Analysis, Leading Players & Future Forecast by 2027

The Global Polyisobutylene (PIB) Market is forecasted to reach USD 3.80 Billion by 2026, according to a new report by Reports and Data.

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Polyisobutylene (PIB) Market Industry Analysis, Leading Players & Future Forecast by 2027

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  1. Polyisobutylene (PIB) Market To Reach USD 3.80 Billion By 2026 www.reportsanddata.com

  2. Market Summary Market Size – USD 2.45 Billion in 2018, Market Growth - CAGR of 5.5%, Market Trends – Rising demand from the tire industry. The Global Polyisobutylene (PIB) Market is forecasted to reach USD 3.80 Billion by 2026, according to a new report by Reports and Data. Polyisobutylene (PIB) is a commercial polymer used in multiple sectors due to its flexibility, thermal stability, and impermeability to gases.  • Further key findings from the report suggest • Polyisobutylene (PIB) is preferred over other synthetic and natural rubbers due to its good fragmentation performance, high cleanliness, and its self-healing nature. • Tires hold a market share of 19% in the year 2018. The ability of the product to hold air in for a longer period of time in the tube is increasing the demand for the product in this sector. • 2-Strokes Engine has the highest growth rate of 6.9% throughout the forecast period. • Automotive dominates the market with a share of 21% of the market in the year 2018. Increasing application of Polyisobutylene (PIB) in the tire industry to improve heat retention capabilities during tire vulcanization is further forecasted to boost the market. • Increase in demand for packaging in the pharmaceutical industry to help preserve the quality of drugs is boosting the demand for the product in this sector also. www.reportsanddata.com

  3. Market Summary Key Players: BASF SE, TPC Group Inc., Ineos Group, Braskem, Exxon Mobil, Lanxess AG, Chevron Oronite Company LLC, Infineum International Ltd., The Lubrizol Corporation, and Berkshire Hathaway Inc. among Segmentation: • Molecular Weight Outlook (Volume, Kilo Tons; Revenue, USD Billion; 2018-2026) • Low Molecular Weight • Medium Molecular Weight • High Molecular Weight • Product Outlook (Volume, Kilo Tons; Revenue, USD Billion; 2018-2026) • Conventional PIB • Highly Reactive PIB • Application Outlook (Volume, Kilo Tons; Revenue, USD Billion; 2018-2026) • Tires • Lubes Additives • Fuel Additives • 2-Stroke Engines • Adhesives and Sealants Free Sample Report @ https://www.reportsanddata.com/sample-enquiry-form/1340 www.reportsanddata.com

  4. Market Summary • End-Use Industry Outlook (Volume, Kilo Tons; Revenue, USD Billion; 2018-2026) • Automotive • Industrial • Food • Pharmaceuticals • Constructions • Cosmetics • Sporting Goods • Regional Outlook (Revenue, USD Million; 2016–2026) • North America • Europe • Asia Pacific • MEA • Latin America Any Query or Discount? Ask our Expert @ https://www.reportsanddata.com/discount-enquiry-form/1340 www.reportsanddata.com

  5. The report emphasizes the following key questions: Q.1.What are the most lucrative and promising growth prospects for the market? Q.2.Which sectors are expected to deliver a high growth rate and which industry aspects come into play in this advancement? Q.3.Which geographies are estimated to exhibit the highest growth and the underlying causes? Q.4.Which factors are impacting the future of the market and what are the driving factors? Q.5.What are the hurdles and challenges curtailing the industry’s growth in the forecast period? www.reportsanddata.com

  6. About Us Reports and Data is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target and analyze consumer behavior shifts across demographics, across industries and help client’s make a smarter business decision. We offer market intelligence studies ensuring relevant and fact-based research across a multiple industries including Healthcare, Technology, Chemicals, Power, and Energy. We consistently update our research offerings to ensure our clients are aware about the latest trends existent in the market. Reports and Data has a strong base of experienced analysts from varied areas of expertise. Contact US John Watson Head of Business Development Reports And Data | Web: www.reportsanddata.com Direct Line: +1-212-710-1370 E-mail: sales@reportsanddata.com www.reportsanddata.com

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