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Medium Molecular Weight Polyisobutylene Market for Gum Base, Additives, Sealants, Lubricants and Other Applications: Global Industry Perspective, Comprehensive Analysis, Size, Share, Growth, Segment, Trends and Forecast, 2015 – 2021

Published Date: 27-Sep-2016 Category: Chemical & Materials Report Format : PDF Pages: 110 Report Code: ZMR-175 Status : Published

Global medium molecular weight polyisobutylene market expected to reach USD 542.82 million in 2021, growing at a CAGR of 3.7% between 2016 and 2021.

Description

The study comprises the analysis of medium molecular weight polyisobutylene market on the global and regional basis. It offers the volume and revenue share of the global market in kilotons and in USD million respectively. Furthermore, the study offers the impact of the market along with its major drivers, restraint, and opportunities of the medium molecular weight polyisobutylene market.

Additionally, to have the comprehensive glance on the market, the study comprises value chain analysis and Porter’s Five Forces model. Moreover, the report also covers the market attractiveness analysis for various applications and the regions. Additionally, the report envelops the strategic development of the major companies covering the data points such as new product launch, acquisitions & mergers, collaborations and agreements, joint ventures and partnerships.

The study provides important information on the medium molecular weight polyisobutylene market by classifying the market into applications and regions. Based on applications segment, the global medium molecular weight polyisobutylene market is adhesives, sealants, lubricant, base gum and others. Moreover, the major regions included in this report such as Europe, North America, Latin America, Asia-Pacific and the Middle East & Africa.

Some of the leading key players for the polyisobutylene are Exxon Mobil Corporation, Lanxess, Infineum International Limited, TPC Group, INEOS, Berkshire Hathaway Inc, Chevron Oronite Company LLC, Kothari Petrochemicals, BASF SE, Zhejiang Shunda New Material Co., Proteux Corp, Shandong Hongrui Petrochemical Co., Ltd and Mayzo among others. The presence of various players in the market has resulted in intense competition which leads to the players to focus on research and product development to sustain in this market.

The report segments the global medium molecular weight polyisobutylene market into:

Medium Molecular Weight Polyisobutylene Market: Application Analysis

  • Gum Base
  • Adhesives
  • Sealants
  • Lubricants
  • Others (including bitumen modification, etc.)

Medium Molecular Weight Polyisobutylene Market: Regional Analysis

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • The Middle East & Africa

Table Of Content

  • Chapter 1. Preface
    • 1.1. Report description and scope
    • 1.2. Research scope
    • 1.3. Research methodology
      • 1.3.1. Market research process
      • 1.3.2. Market research methodology
  • Chapter 2. Executive Summary
    • 2.1. Global medium molecular weight polyisobutylene market, 2015 - 2021, (Kilo Tons)(USD Million)
    • 2.2. Medium molecular weight polyisobutylene: Market snapshot
  • Chapter 3. Medium Molecular Weight Polyisobutylene Market: Industry Analysis
    • 3.1. Medium molecular weight polyisobutylene: Market dynamics
    • 3.2. Value Chain Analysis
    • 3.3. Market Drivers
      • 3.3.1. Rapidly growing demand for adhesives and sealants
      • 3.3.2. Growing demand in lubricant industry
    • 3.4. Restraints
      • 3.4.1. Stringent rules and regulations
    • 3.5. Opportunity
      • 3.5.1. Rising demand for chewing gum
    • 3.6. Porter’s Five Forces Analysis
    • 3.7. Market Attractiveness Analysis
      • 3.7.1. Market attractiveness analysis by application
      • 3.7.2. Market attractiveness analysis by regional
  • Chapter 4. Global Medium Molecular Weight Polyisobutylene Market: Competitive Landscape
    • 4.1. Strategic Development
      • 4.1.1. Acquisitions & Mergers
      • 4.1.2. New Type Launch
      • 4.1.3. Agreements, Partnerships, Collaborations and Joint Ventures
      • 4.1.4. Research and Development, Type and Regional Expansion
  • Chapter 5. Global Medium Molecular Weight Polyisobutylene Market: Application Overview
    • 5.1. Global medium molecular weight polyisobutylene market share, by application, 2015 and 2021
    • 5.2. Gum base
      • 5.2.1. Global medium molecular weight polyisobutylene market for gum base, 2015 - 2021 (Kilo Tons)(USD Million)
    • 5.3. Adhesives
      • 5.3.1. Global medium molecular weight polyisobutylene market for adhesives, 2015 - 2021 (Kilo Tons)(USD Million)
    • 5.4. Sealants
      • 5.4.1. Global medium molecular weight polyisobutylene market for sealants, 2015 - 2021 (Kilo Tons)(USD Million)
    • 5.5. Lubricants
      • 5.5.1. Global medium molecular weight polyisobutylene market for lubricants, 2015 - 2021 (Kilo Tons)(USD Million)
    • 5.6. Others
      • 5.6.1. Global medium molecular weight polyisobutylene market for other applications, 2015 – 2021 (Kilo Tons) (USD Million)
  • Chapter 6. Global Medium Molecular Weight Polyisobutylene Market: Regional Analysis
    • 6.1. Global medium molecular weight polyisobutylene market: Regional overview
      • 6.1.1. Global medium molecular weight polyisobutylene market share, by region, 2015 and 2021
    • 6.2. North America
      • 6.2.1. North America medium molecular weight polyisobutylene market volume, by application, 2015 – 2021 (Kilo Tons)
      • 6.2.2. North America medium molecular weight polyisobutylene market revenue, by application, 2015 – 2021 (USD Million)
    • 6.3. Europe
      • 6.3.1. Europe medium molecular weight polyisobutylene market volume, by application, 2015 – 2021 (Kilo Tons)
      • 6.3.2. Europe medium molecular weight polyisobutylene market revenue, by application, 2015 – 2021 (USD Million)
    • 6.4. Asia Pacific
      • 6.4.1. Asia-Pacific medium molecular weight polyisobutylene market volume, by application, 2015 – 2021 (Kilo Tons)
      • 6.4.2. Asia-Pacific medium molecular weight polyisobutylene market revenue, by application, 2015 – 2021 (USD Million)
    • 6.5. Latin America
      • 6.5.1. Latin America medium molecular weight polyisobutylene market volume, by application, 2015 – 2021 (Kilo Tons)
      • 6.5.2. Latin America medium molecular weight polyisobutylene market revenue, by application, 2015 – 2021 (USD Million)
    • 6.6. Middle East & Africa
      • 6.6.1. Middle East & Africa medium molecular weight polyisobutylene market volume, by application, 2015 – 2021 (Kilo Tons)
      • 6.6.2. Middle East & Africa medium molecular weight polyisobutylene market revenue, by application, 2015 – 2021 (USD Million)
  • Chapter 7. Company Profiles
    • 7.1. Exxon Mobil Corporation
      • 7.1.1. Overview
      • 7.1.2. Financials
      • 7.1.3. Product portfolio
      • 7.1.4. Business strategy
      • 7.1.5. Recent developments
    • 7.2. Lanxess
      • 7.2.1. Overview
      • 7.2.2. Financials
      • 7.2.3. Product portfolio
      • 7.2.4. Business strategy
      • 7.2.5. Recent developments
    • 7.3. Infineum International Limited
      • 7.3.1. Overview
      • 7.3.2. Financials
      • 7.3.3. Product portfolio
      • 7.3.4. Business strategy
      • 7.3.5. Recent developments
    • 7.4. TPC Group
      • 7.4.1. Overview
      • 7.4.2. Financials
      • 7.4.3. Product portfolio
      • 7.4.4. Business strategy
      • 7.4.5. Recent developments
    • 7.5. INEOS
      • 7.5.1. Overview
      • 7.5.2. Financials
      • 7.5.3. Product portfolio
      • 7.5.4. Business strategy
      • 7.5.5. Recent developments
    • 7.6. Chevron Oronite Company LLC
      • 7.6.1. Overview
      • 7.6.2. Financials
      • 7.6.3. Product portfolio
      • 7.6.4. Business strategy
      • 7.6.5. Recent developments
    • 7.7. Kothari Petrochemicals
      • 7.7.1. Overview
      • 7.7.2. Financials
      • 7.7.3. Product portfolio
      • 7.7.4. Business strategy
      • 7.7.5. Recent developments
    • 7.8. BASF SE
      • 7.8.1. Overview
      • 7.8.2. Financials
      • 7.8.3. Product portfolio
      • 7.8.4. Business strategy
      • 7.8.5. Recent developments
    • 7.9. Zhejiang Shunda New Material Co
      • 7.9.1. Overview
      • 7.9.2. Financials
      • 7.9.3. Product portfolio
      • 7.9.4. Business strategy
      • 7.9.5. Recent developments
    • 7.10. Proteux Corp
      • 7.10.1. Overview
      • 7.10.2. Financials
      • 7.10.3. Product portfolio
      • 7.10.4. Business strategy
      • 7.10.5. Recent developments
    • 7.11. Shandong Hongrui Petrochemical Co., Ltd
      • 7.11.1. Overview
      • 7.11.2. Financials
      • 7.11.3. Product portfolio
      • 7.11.4. Business strategy
      • 7.11.5. Recent developments
    • 7.12. BASF SE Mayzo
      • 7.12.1. Overview
      • 7.12.2. Financials
      • 7.12.3. Product portfolio
      • 7.12.4. Business strategy
      • 7.12.5. Recent developments

Methodology

This report is based on in-depth qualitative and quantitative analyses of the global Medium Molecular Weight Polyisobutylene market. Zion Research has collected and analyzed key data belong to the Global Medium Molecular Weight Polyisobutylene market using a variety of methods. Quantitative analysis has been done following various projection and sampling techniques.

The qualitative analysis involved primary interviews, surveys, and vendor briefings. The data gathered as a result of these processes were validated through experts' opinions. The market dynamics have been determined after conducting a detailed study of the micro and macroeconomic indicators of the market.

Various parameters have been taken into account while estimating market size. The revenue generated by the leading industry participants in from the sales of Medium Molecular Weight Polyisobutylene across the world has been calculated through primary and secondary research.

Zion Research employs the combination of secondary research followed by extensive primary research. Under secondary research, we refer to prominent paid as well as open access data sources including product literature, company annual reports, government publications, press releases, industry association’s magazines and other relevant sources for data collection. Other prominent secondary sources include STATISTA, trade journals, trade associations, statistical data from government websites, etc. 

For this study, Zion Research has conducted all-encompassing primary research with key industry participants to collect first had data. Moreover, in-depth interviews with key opinion leaders also assisted in validation of findings from secondary research and to understand key trends in the Medium Molecular Weight Polyisobutylene industry. Primary research makes up the major source of data collection and validation.   

Primary Research

We conduct primary interviews with industry participants and commentators on an ongoing basis to validate data and analysis. A typical research interview fulfills the following functions:

  • Provides firsthand information on market size, market trends, growth trends, competitive landscape, outlook, etc.
  • Helps in validating and strengthening the secondary research findings
  • Further, develops the analysis team’s expertise and market understanding
  • Primary research involves e-mail interactions, telephonic interviews as well as face-to-face interviews for each market, category, segment and sub-segment across geographies

Participants who typically participate in such a process include, but are not limited to:

  • Industry participants: CEOs, VPs, marketing/product managers, market intelligence managers and national sales managers
  • Purchasing managers, technical personnel, distributors and resellers
  • Outside experts: Investment bankers, valuation experts and research analysts specializing in specific markets

Key opinion leaders specializing in different areas corresponding to different industry verticals

Secondary Research

Secondary research sources that are typically referred to include, but are not limited to:

  • Company websites, annual reports, financial reports, broker reports, investor presentations and SEC filings
  • IDC and other relevant magazines
  • Internal and external proprietary databases, and relevant patent and regulatory databases
  • National government documents, statistical databases and market reports

News articles, press releases and webcasts specific to companies operating in the market

Following a comprehensive secondary and primary research and insights thus gathered, analysts at Zion Research have provided an in-depth analysis of various aspects of the Medium Molecular Weight Polyisobutylene market.

Models

Where no hard data is available, we use models and estimates to produce comprehensive data sets. A rigorous methodology is adopted, wherein the available hard data is cross-referenced with the following data types to produce estimates:

  • Demographic data: Population split by segments
  • Macroeconomic indicators: GDP, PPP, Per Capita Income, etc.
  • Industry indicators: Expenditure, technology stage and infrastructure, sector growth and facilities
  • Data is then cross-checked by an expert panel.

Free Analysis

Polyisobutylene is a homo-polymer of isobutylene and isoprene. It is generally odorless and offers high resistance towards salt, acid, and alkalis. Polyisobutylene is categorized into low, medium and high types depending on their molecular weights. Medium molecular weight polyisobutylene is mainly utilized in adhesive formulations, viscosity modifiers and binder in sealing compounds. It is also used in additives such as fuel additive and lubricating additive as it offers thickness and is used as a precursor in the chemical industry.

Escalating use of medium molecular weight polyisobutylene in lubricating oils is the driving factor for the market. Moreover, rising demand for adhesive and sealants is likely to fuel the growth of market owing to use of medium molecular weight isobutylene in adhesive and sealants as the precursor. However, the severe impact of medium molecular weight polyisobutylene spills on the environment, specifically on water bodies, is projected to limit its application to some extent. Nevertheless, growing demand for chewing gum is expected to offer ample opportunities for the market in the forecast period.

Global Medium Molecular Weight Polyisobutylene Market

The major applications for the medium molecular weight polyisobutylene are gum base, additives, sealants, lubricants and other applications. Adhesives were the largest application segment for the medium molecular weight polyisobutylene market accounting more than 40.0 % of total market share in 2015. Sealants were the second largest segment of medium molecular weight polyisobutylene market in the same year. Moreover, a lubricant is expected to be a fastest growing application for medium molecular weight polyisobutylene market in near future. This growth is attributed to increasing demand for lubricating oil in various industries.  Furthermore, sealant application is expected to register the moderate growth due to the increase in demand for polyisobutylene in pharmaceutical industry across the globe. Gum base is also expected to grow at a moderate CAGR in near future years due to the growing sports events such as Women Cricket World Cup (2017), Asian Games, Common Wealth Games and FIFA World Cup (2018), ICC Cricket World Cup (2019).

Asia Pacific dominated the medium molecular weight polyisobutylene market in 2015 with more than 35.0% of total market share and is expected to grow at the CAGR of 5.0%. North America led the market followed by Europe in 2015; however, it is expected to experience moderate growth within the forecast period. Latin America and the Middle East & Africa are anticipated to experience inkling growth with a growing CAGR over the years to come.

Some of the leading key players in the medium molecular weight polyisobutylene market are Exxon Mobil Corporation, Lanxess, Infineum International Limited, TPC Group, INEOS, Berkshire Hathaway Inc, Chevron Oronite Company LLC, Kothari Petrochemicals, BASF SE, Zhejiang Shunda New Material Co., Proteux Corp, Shandong Hongrui Petrochemical Co., Ltd and Mayzo among others.

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