Global Polyisobutylene Market Size, Share & Trends Analysis and Regional Forecasts 2022-2032
The global Polyisobutylene (PIB) Market is projected to expand significantly, reaching an estimated USD 2.1 billion by 2032, growing at a CAGR of 7.3% from 2024 to 2032. The increasing demand for high-performance elastomers in industries such as automotive, construction, and lubricants is a key driver of market growth. Polyisobutylene is widely utilized due to its superior gas impermeability, oxidation resistance, and flexibility, making it indispensable for various applications ranging from tire inner liners to adhesive formulations.
The growing automotive industry is one of the primary catalysts fueling the expansion of PIB, particularly in lubricant additives, fuel efficiency enhancers, and sealants. With rising vehicle production and the push for eco-friendly lubricants and adhesives, manufacturers are increasingly leveraging polyisobutylene to improve viscosity, friction reduction, and thermal stability. Additionally, stringent environmental regulations worldwide are accelerating the adoption of low-emission and high-performance formulations, where PIB plays a crucial role in enhancing product efficiency.
The construction industry is also contributing to the increased demand for PIB-based adhesives and sealants, as polyisobutylene's resistance to oxidation and extreme temperatures makes it a preferred material for roofing membranes, insulation, and sealing compounds. Simultaneously, technological advancements in polymer synthesis have resulted in improved performance characteristics, allowing PIB manufacturers to explore new applications in industries such as pharmaceuticals and personal care.
Regionally, Asia Pacific dominates the global PIB market, accounting for 36.7% of revenue share in 2024, primarily driven by China, India, and Japan. Rapid industrialization, infrastructure growth, and a booming automotive sector are key factors influencing regional demand. North America follows closely, with significant consumption of PIB in fuel additives and performance-enhancing lubricants, while Europe is poised to experience robust growth due to strict emission standards and increasing demand for high-performance adhesives and sealants.
Major market players included in this report are:
By Product:
North America:
Years considered for the study are as follows:
The growing automotive industry is one of the primary catalysts fueling the expansion of PIB, particularly in lubricant additives, fuel efficiency enhancers, and sealants. With rising vehicle production and the push for eco-friendly lubricants and adhesives, manufacturers are increasingly leveraging polyisobutylene to improve viscosity, friction reduction, and thermal stability. Additionally, stringent environmental regulations worldwide are accelerating the adoption of low-emission and high-performance formulations, where PIB plays a crucial role in enhancing product efficiency.
The construction industry is also contributing to the increased demand for PIB-based adhesives and sealants, as polyisobutylene's resistance to oxidation and extreme temperatures makes it a preferred material for roofing membranes, insulation, and sealing compounds. Simultaneously, technological advancements in polymer synthesis have resulted in improved performance characteristics, allowing PIB manufacturers to explore new applications in industries such as pharmaceuticals and personal care.
Regionally, Asia Pacific dominates the global PIB market, accounting for 36.7% of revenue share in 2024, primarily driven by China, India, and Japan. Rapid industrialization, infrastructure growth, and a booming automotive sector are key factors influencing regional demand. North America follows closely, with significant consumption of PIB in fuel additives and performance-enhancing lubricants, while Europe is poised to experience robust growth due to strict emission standards and increasing demand for high-performance adhesives and sealants.
Major market players included in this report are:
- BASF SE
- Daelim Co., Ltd.
- TPC Group
- INEOS
- Kothari Petrochemicals Limited
- Braskem
- ENEOS Corporation
- Zhejiang Shunda New Material Co., Ltd.
- Shandong Hongrui New Material Technology Co., Ltd.
- Group of Companies Titan
- ExxonMobil Chemical
- Lubrizol Corporation
- Chevron Oronite Company LLC
- TPC Group Inc.
- Lanxess AG
By Product:
- High Molecular Weight
- Medium Molecular Weight
- Low Molecular Weight
- Adhesives & Sealants
- Automotive Rubber Components
- Fuel Additives
- Lubricant Additives
- Others
North America:
- U.S.
- Canada
- Mexico
- France
- Italy
- China
- India
- Brazil
Years considered for the study are as follows:
- Historical Year – 2022
- Base Year – 2023
- Forecast Period – 2024 to 2032
- Market Estimates & Forecast for 10 years from 2022 to 2032.
- Annualized revenue and regional-level analysis for each market segment.
- Detailed analysis of the geographical landscape with country-level market assessments.
- Competitive landscape with insights into major industry players and their market share.
- Analysis of key business strategies, recommendations, and future market approaches.
- Demand-side and supply-side analysis of the polyisobutylene industry.
CHAPTER 1: GLOBAL POLYISOBUTYLENE MARKET EXECUTIVE SUMMARY
1.1 Global Polyisobutylene Market Size & Forecast (2022-2032)
1.2 Regional Summary
1.3 Segmental Summary
1.3.1 By Product
1.3.2 By End-use
1.4 Key Trends
1.5 Recession Impact
1.6 Analyst Recommendation & Conclusion
CHAPTER 2: GLOBAL POLYISOBUTYLENE MARKET DEFINITION AND RESEARCH ASSUMPTIONS
2.1 Research Objective
2.2 Market Definition
2.3 Research Assumptions
2.3.1 Inclusion & Exclusion
2.3.2 Limitations
2.3.3 Supply Side Analysis
2.3.3.1 Availability
2.3.3.2 Infrastructure
2.3.3.3 Regulatory Environment
2.3.3.4 Market Competition
2.3.3.5 Economic Viability (Consumer’s Perspective)
2.3.4 Demand Side Analysis
2.3.4.1 Regulatory frameworks
2.3.4.2 Technological Advancements
2.3.4.3 Environmental Considerations
2.3.4.4 Consumer Awareness & Acceptance
2.4 Estimation Methodology
2.5 Years Considered for the Study
2.6 Currency Conversion Rates
CHAPTER 3: GLOBAL POLYISOBUTYLENE MARKET DYNAMICS
3.1 Market Drivers
3.1.1 Rising demand for high-performance lubricants and fuel additives
3.1.2 Increasing adoption of PIB in automotive and construction applications
3.1.3 Stringent environmental regulations boosting biodegradable formulations
3.2 Market Challenges
3.2.1 Volatile raw material prices
3.2.2 Regulatory hurdles and compliance costs
3.3 Market Opportunities
3.3.1 Expanding applications in personal care and pharmaceutical industries
3.3.2 Increasing demand for PIB-based adhesives in sustainable construction
CHAPTER 4: GLOBAL POLYISOBUTYLENE MARKET INDUSTRY ANALYSIS
4.1 Porter’s 5 Force Model
4.1.1 Bargaining Power of Suppliers
4.1.2 Bargaining Power of Buyers
4.1.3 Threat of New Entrants
4.1.4 Threat of Substitutes
4.1.5 Competitive Rivalry
4.1.6 Futuristic Approach to Porter’s 5 Force Model
4.1.7 Porter’s 5 Force Impact Analysis
4.2 PESTEL Analysis
4.2.1 Political
4.2.2 Economic
4.2.3 Social
4.2.4 Technological
4.2.5 Environmental
4.2.6 Legal
4.3 Top Investment Opportunities
4.4 Top Winning Strategies
4.5 Disruptive Trends
4.6 Industry Expert Perspective
4.7 Analyst Recommendation & Conclusion
CHAPTER 5: GLOBAL POLYISOBUTYLENE MARKET SIZE & FORECASTS BY PRODUCT (2022-2032)
5.1 Segment Dashboard
5.2 Global Polyisobutylene Market: Product Revenue Trend Analysis, 2022 & 2032 (USD Million)
5.2.1 High Molecular Weight
5.2.2 Medium Molecular Weight
5.2.3 Low Molecular Weight
CHAPTER 6: GLOBAL POLYISOBUTYLENE MARKET SIZE & FORECASTS BY END-USE (2022-2032)
6.1 Segment Dashboard
6.2 Global Polyisobutylene Market: End-use Revenue Trend Analysis, 2022 & 2032 (USD Million)
6.2.1 Adhesives & Sealants
6.2.2 Automotive Rubber Components
6.2.3 Fuel Additives
6.2.4 Lubricant Additives
6.2.5 Others
CHAPTER 7: GLOBAL POLYISOBUTYLENE MARKET SIZE & FORECASTS BY REGION (2022-2032)
7.1 North America Polyisobutylene Market
7.1.1 U.S. Polyisobutylene Market
7.1.1.1 Product breakdown size & forecasts, 2022-2032
7.1.1.2 End-use breakdown size & forecasts, 2022-2032
7.1.2 Canada Polyisobutylene Market
7.1.3 Mexico Polyisobutylene Market
7.2 Europe Polyisobutylene Market
7.2.1 France Polyisobutylene Market
7.2.2 Italy Polyisobutylene Market
7.3 Asia-Pacific Polyisobutylene Market
7.3.1 China Polyisobutylene Market
7.3.2 India Polyisobutylene Market
7.4 Latin America Polyisobutylene Market
7.4.1 Brazil Polyisobutylene Market
7.5 Middle East & Africa Polyisobutylene Market
CHAPTER 8: COMPETITIVE INTELLIGENCE
8.1 Key Company SWOT Analysis
8.1.1 BASF SE
8.1.2 Daelim Co., Ltd.
8.1.3 TPC Group
8.2 Top Market Strategies
8.3 Company Profiles
8.3.1 BASF SE
8.3.1.1 Key Information
8.3.1.2 Overview
8.3.1.3 Financial (Subject to Data Availability)
8.3.1.4 Product Summary
8.3.1.5 Market Strategies
8.3.2 Daelim Co., Ltd.
8.3.3 TPC Group
8.3.4 INEOS
8.3.5 Kothari Petrochemicals Limited
8.3.6 Braskem
8.3.7 ENEOS Corporation
8.3.8 Zhejiang Shunda New Material Co., Ltd.
8.3.9 Shandong Hongrui New Material Technology Co., Ltd.
8.3.10 Group of Companies Titan
CHAPTER 9: RESEARCH PROCESS
9.1 Research Process
9.1.1 Data Mining
9.1.2 Analysis
9.1.3 Market Estimation
9.1.4 Validation
9.1.5 Publishing
9.2 Research Attributes
1.1 Global Polyisobutylene Market Size & Forecast (2022-2032)
1.2 Regional Summary
1.3 Segmental Summary
1.3.1 By Product
1.3.2 By End-use
1.4 Key Trends
1.5 Recession Impact
1.6 Analyst Recommendation & Conclusion
CHAPTER 2: GLOBAL POLYISOBUTYLENE MARKET DEFINITION AND RESEARCH ASSUMPTIONS
2.1 Research Objective
2.2 Market Definition
2.3 Research Assumptions
2.3.1 Inclusion & Exclusion
2.3.2 Limitations
2.3.3 Supply Side Analysis
2.3.3.1 Availability
2.3.3.2 Infrastructure
2.3.3.3 Regulatory Environment
2.3.3.4 Market Competition
2.3.3.5 Economic Viability (Consumer’s Perspective)
2.3.4 Demand Side Analysis
2.3.4.1 Regulatory frameworks
2.3.4.2 Technological Advancements
2.3.4.3 Environmental Considerations
2.3.4.4 Consumer Awareness & Acceptance
2.4 Estimation Methodology
2.5 Years Considered for the Study
2.6 Currency Conversion Rates
CHAPTER 3: GLOBAL POLYISOBUTYLENE MARKET DYNAMICS
3.1 Market Drivers
3.1.1 Rising demand for high-performance lubricants and fuel additives
3.1.2 Increasing adoption of PIB in automotive and construction applications
3.1.3 Stringent environmental regulations boosting biodegradable formulations
3.2 Market Challenges
3.2.1 Volatile raw material prices
3.2.2 Regulatory hurdles and compliance costs
3.3 Market Opportunities
3.3.1 Expanding applications in personal care and pharmaceutical industries
3.3.2 Increasing demand for PIB-based adhesives in sustainable construction
CHAPTER 4: GLOBAL POLYISOBUTYLENE MARKET INDUSTRY ANALYSIS
4.1 Porter’s 5 Force Model
4.1.1 Bargaining Power of Suppliers
4.1.2 Bargaining Power of Buyers
4.1.3 Threat of New Entrants
4.1.4 Threat of Substitutes
4.1.5 Competitive Rivalry
4.1.6 Futuristic Approach to Porter’s 5 Force Model
4.1.7 Porter’s 5 Force Impact Analysis
4.2 PESTEL Analysis
4.2.1 Political
4.2.2 Economic
4.2.3 Social
4.2.4 Technological
4.2.5 Environmental
4.2.6 Legal
4.3 Top Investment Opportunities
4.4 Top Winning Strategies
4.5 Disruptive Trends
4.6 Industry Expert Perspective
4.7 Analyst Recommendation & Conclusion
CHAPTER 5: GLOBAL POLYISOBUTYLENE MARKET SIZE & FORECASTS BY PRODUCT (2022-2032)
5.1 Segment Dashboard
5.2 Global Polyisobutylene Market: Product Revenue Trend Analysis, 2022 & 2032 (USD Million)
5.2.1 High Molecular Weight
5.2.2 Medium Molecular Weight
5.2.3 Low Molecular Weight
CHAPTER 6: GLOBAL POLYISOBUTYLENE MARKET SIZE & FORECASTS BY END-USE (2022-2032)
6.1 Segment Dashboard
6.2 Global Polyisobutylene Market: End-use Revenue Trend Analysis, 2022 & 2032 (USD Million)
6.2.1 Adhesives & Sealants
6.2.2 Automotive Rubber Components
6.2.3 Fuel Additives
6.2.4 Lubricant Additives
6.2.5 Others
CHAPTER 7: GLOBAL POLYISOBUTYLENE MARKET SIZE & FORECASTS BY REGION (2022-2032)
7.1 North America Polyisobutylene Market
7.1.1 U.S. Polyisobutylene Market
7.1.1.1 Product breakdown size & forecasts, 2022-2032
7.1.1.2 End-use breakdown size & forecasts, 2022-2032
7.1.2 Canada Polyisobutylene Market
7.1.3 Mexico Polyisobutylene Market
7.2 Europe Polyisobutylene Market
7.2.1 France Polyisobutylene Market
7.2.2 Italy Polyisobutylene Market
7.3 Asia-Pacific Polyisobutylene Market
7.3.1 China Polyisobutylene Market
7.3.2 India Polyisobutylene Market
7.4 Latin America Polyisobutylene Market
7.4.1 Brazil Polyisobutylene Market
7.5 Middle East & Africa Polyisobutylene Market
CHAPTER 8: COMPETITIVE INTELLIGENCE
8.1 Key Company SWOT Analysis
8.1.1 BASF SE
8.1.2 Daelim Co., Ltd.
8.1.3 TPC Group
8.2 Top Market Strategies
8.3 Company Profiles
8.3.1 BASF SE
8.3.1.1 Key Information
8.3.1.2 Overview
8.3.1.3 Financial (Subject to Data Availability)
8.3.1.4 Product Summary
8.3.1.5 Market Strategies
8.3.2 Daelim Co., Ltd.
8.3.3 TPC Group
8.3.4 INEOS
8.3.5 Kothari Petrochemicals Limited
8.3.6 Braskem
8.3.7 ENEOS Corporation
8.3.8 Zhejiang Shunda New Material Co., Ltd.
8.3.9 Shandong Hongrui New Material Technology Co., Ltd.
8.3.10 Group of Companies Titan
CHAPTER 9: RESEARCH PROCESS
9.1 Research Process
9.1.1 Data Mining
9.1.2 Analysis
9.1.3 Market Estimation
9.1.4 Validation
9.1.5 Publishing
9.2 Research Attributes
LIST OF TABLES
TABLE 1. Global Polyisobutylene Market, Report Scope
TABLE 2. Global Polyisobutylene Market Estimates & Forecasts by Region 2022-2032 (USD Million)
TABLE 3. Global Polyisobutylene Market Estimates & Forecasts by Product 2022-2032 (USD Million)
TABLE 4. Global Polyisobutylene Market Estimates & Forecasts by End-use 2022-2032 (USD Million)
TABLE 5. U.S. Polyisobutylene Market Estimates & Forecasts, 2022-2032 (USD Million)
TABLE 6. China Polyisobutylene Market Estimates & Forecasts, 2022-2032 (USD Million)
TABLE 7. Europe Polyisobutylene Market Estimates & Forecasts, 2022-2032 (USD Million)
TABLE 8. Latin America Polyisobutylene Market Estimates & Forecasts, 2022-2032 (USD Million)
TABLE 9. Middle East & Africa Polyisobutylene Market Estimates & Forecasts, 2022-2032 (USD Million)
TABLE 10. Competitive Analysis of Key Players
This list is not complete; the final report contains more than 100 tables. The list may be updated in the final deliverable.
TABLE 1. Global Polyisobutylene Market, Report Scope
TABLE 2. Global Polyisobutylene Market Estimates & Forecasts by Region 2022-2032 (USD Million)
TABLE 3. Global Polyisobutylene Market Estimates & Forecasts by Product 2022-2032 (USD Million)
TABLE 4. Global Polyisobutylene Market Estimates & Forecasts by End-use 2022-2032 (USD Million)
TABLE 5. U.S. Polyisobutylene Market Estimates & Forecasts, 2022-2032 (USD Million)
TABLE 6. China Polyisobutylene Market Estimates & Forecasts, 2022-2032 (USD Million)
TABLE 7. Europe Polyisobutylene Market Estimates & Forecasts, 2022-2032 (USD Million)
TABLE 8. Latin America Polyisobutylene Market Estimates & Forecasts, 2022-2032 (USD Million)
TABLE 9. Middle East & Africa Polyisobutylene Market Estimates & Forecasts, 2022-2032 (USD Million)
TABLE 10. Competitive Analysis of Key Players
This list is not complete; the final report contains more than 100 tables. The list may be updated in the final deliverable.
LIST OF FIGURES
FIG 1. Global Polyisobutylene Market, Research Methodology
FIG 2. Global Polyisobutylene Market, Market Estimation Techniques
FIG 3. Global Market Size Estimates & Forecast Methods
FIG 4. Global Polyisobutylene Market, Key Trends 2023
FIG 5. Global Polyisobutylene Market, Growth Prospects 2022-2032
FIG 6. Global Polyisobutylene Market, Porters 5 Force Model
FIG 7. Global Polyisobutylene Market, PESTEL Analysis
FIG 8. Global Polyisobutylene Market, Value Chain Analysis
FIG 9. Global Polyisobutylene Market, Company Market Share Analysis (2023)
This list is not complete; the final report contains more than 50 figures. The list may be updated in the final deliverable.
FIG 1. Global Polyisobutylene Market, Research Methodology
FIG 2. Global Polyisobutylene Market, Market Estimation Techniques
FIG 3. Global Market Size Estimates & Forecast Methods
FIG 4. Global Polyisobutylene Market, Key Trends 2023
FIG 5. Global Polyisobutylene Market, Growth Prospects 2022-2032
FIG 6. Global Polyisobutylene Market, Porters 5 Force Model
FIG 7. Global Polyisobutylene Market, PESTEL Analysis
FIG 8. Global Polyisobutylene Market, Value Chain Analysis
FIG 9. Global Polyisobutylene Market, Company Market Share Analysis (2023)
This list is not complete; the final report contains more than 50 figures. The list may be updated in the final deliverable.
