Polyisobutylene Market (PIB); Adhesives business likely to exceed USD 35 billion by 2024

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Polyisobutylene Market By Application (Automotive,
Additives) 2016 To 2024
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Table of Contents-

• Methodology Scope
• Executive Summary
• Polyisobutylene Industry Insights
• Polyisobutylene Industry Product Insights
• Polyisobutylene Industry Application Insights
• Polyisobutylene Industry Regional Insights
• Company Profiles
• 138 Tables
• 15 Figures Detailed Table of
  contents _at_
• https//www.gminsights.com/toc/detail/polyisobutyl
  ene-pib-market

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Global Market Scenario of Polyisobutylene
Industry

• Polyisobutylene (PIB) Market size is poised to
  surpass USD 2 billion by 2024 according to a new
  research report by Global Market Insights, Inc.
• Escalating product demand in the adhesives
  sealants industry will be the prominent
  polyisobutylene market size contributor over the
  projected timeframe. It is chiefly used as a
  modifier or base polymer in the adhesives
  sealants industry due to its superior
  characteristics such as stability, adhesion,
  moisture resistance and tackiness. These
  properties make the product ideal for hot melt
  pressure sensitive adhesive applications.
• The global adhesives business generated revenue
  close to USD 25 billion in 2015 and is likely to
  exceed USD 35 billion by 2024. Robust growth in
  the adhesives sealants business on account of
  its widespread applications spectrum in
  industries including packaging, construction and
  automotive for flooring, insulation, panel,
  partitions and roofing will positively impact on
  the polyisobutylene market share by 2024.

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Continue.....

• Tire and tube manufacturing industries are the
  potential polyisobutylene market driver. The
  product is majorly used in the tubeless tire
  manufacturing owing to its water-resistant
  characteristics. In addition, the global tires
  and tubes industry is projected to expand with
  more than 5 CAGR by 2024, which will
  subsequently push the business growth over the
  estimated period. Furthermore, improving consumer
  spending pattern towards lavish lifestyles, has
  substantially propelled the automotive production
  and sales across the globe.
• Positive growth indicators in the medical
  packaging business will drive the global
  polyisobutylene market size by 2024.
• Product disposal in water bodies destroys the
  aquatic flora and fauna. Therefore, the industry
  is stringently directed and regulated by
  government regulations, particularly in Europe
  and North America. Prevalence of these norms may
  hamper the polyisobutylene market size for its
  applications as a marine lubricant.

View Summery of Report_at_ https//www.gminsights.com
/industry-analysis/polyisobutylene-pib-market
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Regional Analysis-

• North America polyisobutylene market size is
  projected to expand at over 4 CAGR by 2024. The
  regional growth is primarily driven by enormous
  automotive demand in the U.S. Furthermore,
  recovering U.S. construction industry post 2008
  economic turmoil will push the business growth
  for sealants and adhesives applications.
• Asia Pacific accounted for the major
  polyisobutylene market share in 2015. Presence of
  strong tire and tube manufacturing industries in
  India, China, Malaysia and Indonesia along with
  increasing automotive sales on account of
  improving consumer lifestyles was the prime
  factor promoting the regional growth.
• Competitive Market Share
• In 2015, the overall polyisobutylene market share
  was highly consolidated with three major
  companies holding over 50 of the total supply.
  BASF SE, Lanxess AG, ExxonMobil Corporation, The
  Lubrizol Corporation, TPC Group, Chevron Oronite
  Company LLC, Berkshire Hathaway Inc., and
  Infineum International Ltd are some the prominent
  PIB market share contributors.
• Request sample copy _at_
• https//www.gminsights.com/request-sample/detail/
  1137

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Latest Research Report On Polyisobutylene Market
Research Report_at_ https//www.gminsights.com/indus
try-analysis/polyisobutylene-pib-market
Request Sample copy of this report_at_
https//www.gminsights.com/request-sample/detail/
1137 For Customization in this report
click_at_ https//www.gminsights.com/roc/1137
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