Insight by Abdul Wasay, Chief Operating Officer at The Business Research Company
In response to fluctuating tariffs and geopolitical trade developments, the Polyisobutylene Market Outlook 2025 analyses how businesses are adapting through supply chain diversification and strategic sourcing.
How Will the Polyisobutylene Market Grow Between 2024 and 2025?
The market for polyisobutylene has seen consistent growth, expanding from a value of $2.63 billion in 2024 to $2.76 billion in 2025. This represents a compound annual growth rate (CAGR) of 4.7%.
How Much Will the Polyisobutylene Market Be Worth in 2029?
The Polyisobutylene market is projected to expand to $3.57 billion by 2029, with a compound annual growth rate (CAGR) of 6.7%.
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Which Polyisobutylene Market Drivers Are Linked to Revenue Growth?
The key Drivers in the polyisobutylene market are:
• Growing demand in the tires and tubes market
• Increasing application of polyisobutylene in the automotive industry
• Polyisobutylene's ability to act as an oxygen barrier in tire production
• Rising demand for tubeless tires.
Which Segments Are Expected to Grow in the Polyisobutylene Market?
The polyisobutylenemarket covered in this report is segmented –
1) By Product: Conventional PIB, Highly Reactive PIB
2) By Molecular Weight: Low Molecular Weight, Medium Molecular Weight, High Molecular Weight
3) By Application: Tires And Tubes, Adhesives, Sealants, Lubricants, Electrical Insulation, Stretch Wrap
4) By End User Industry: Industrial, Food, Other End User Industries
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What Are The Key Trends Impacting Growth In The Global Polyisobutylene Market?
The key trends in the polyisobutylene market are:
• A focus on product innovation is a trend shaping the polyisobutylene market.
• Market-leading companies are creating products with enhanced properties, such as high elasticity and quicker process times.
• The development of products catering to specific applications, such as moisture protection for solar panels, is emerging as a significant trend.
• Inventing products to increase the durability and performance of other goods, such as solar panels, underscores a trend of creating products for niche applications.
Who Are the Key Competitors in the Global Polyisobutylene Market?
The key players in the polyisobutylene market are:
• Badische Anilin und Soda Fabrik Societas Europaea
• TPC Group
• Lubrizol Corporation
• INEOS Group Limited
• Kothari Petrochemicals Limited
• Braskem
• ENEOS Corporation
• Janex S.A.
• RB Products Inc.
• Chevron Corporation
• Mayzo Inc.
• Reliance Industries Limited
• Evonik Industries AG
• KEMAT N.V
• Santa Cruz Biotechnology Inc
• Daelim Industrial Company Ltd
• ExxonMobil
• Lanxess
• Dowpol Corporation
• Infineum
• Shandong Hongrui New Material Technology
• Afton Chemical Corporation
• Zhejiang Shunda New Material
• SABIC
• Kemipex
• FERRO-PLAST S.r.l.
• SpecialChem
• Chemspec Ltd.
• Jilin Petrochemical Company
• Efremov Synthetic Rubber Enterprise Company
• Naxant
• Connect Chemicals
• JXTG Nippon Oil & Energy Corporation
Where Is the Polyisobutylene Market Growing Fastest Between 2025 and 2029?
Asia-Pacific was the largest region in the polyisobutylene market in 2024
