South America Polyisobutylene Market Forecast to 2027 - COVID-19 Impact and Regional Analysis by Molecular Weight (Low, Medium, and High), Product (Conventional PIB, Highly Reactive PIB), Application (Tires, Industrial Lubes and Lube Additives, Fuel Additives, Adhesives and Sealants), and End Use (Industrial, Food, and Others)
SAM Polyisobutylene Market Forecast to 2027 – COVID-19 Impact and Analysis by Molecular Weight (Low, Medium, and High), Product (Conventional PIB, Highly Reactive PIB), Application (Tires, Industrial Lubes and Lube Additives, Fuel Additives, Adhesives and Sealants), and End Use (Industrial, Food, and Others)
Number of Pages: 75
Market Introduction
Polyisobutylene (PIB) is an elastomer or a synthetic rubber. It is a very versatile, non-toxic, water-white viscous liquid and has the ability to increase tackiness, to provide water-repellency, to improve viscosity-index and it provides excellent electrical insulation. It is the only rubber, which is gas impermeable, and hence it can hold or store air over long period. The remarkable impermeable property of Polyisobutylene (PIB) has led to its uses in applications such as inner tubes, inner liners of basketball, and liner layers of tires. Polyisobutylene (PIB) in the form of polyisobutylene succinimide finds uses in additives in lubricating oils as well as motor fuels. When added in small amount to the lubricating oils it reduces the generation of oil mist. As a fuel additive it is blended with other fuel and oil additives to form a detergent pack which is added to gasoline and diesel fuels to resist the buildup of deposits and engine knock. The automotive industry has been the key market for several types of fuel additives for many years. The share for automobiles has continuously been higher than that of the other fuel additives market segment due to the lack of efficient fossil fuel alternatives and an increasing middle-class economy. The relative importance of aviation for fuel additives has boosted in recent years, ultimately mounting the demand for polyisobutylene. Thus, the growth in the automotive sector is expected to create a significant demand for polyisobutylene in the coming years, which is further anticipated to drive the Polyisobutylene market.
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Market Overview and Dynamics
The polyisobutylene market in SAM is expected to grow from US$ 154.9 million in 2019 to US$ 207.7 million by 2027; it is estimated to grow at a CAGR of 3.7% from 2020 to 2027. The growing demand for PIB from developed and developing economies. Demand for polyisobutylene in South American market is expected to grow on account of presence of established leading automotive manufacturers such as Tesla Inc. and Ford Motors which are focused on research and development activities. Moreover, numerous cosmetics and personal care companies like Procter and Gamble, Maybelline, Colgate-Palmolive, Unilever, Avon, Johnson & Johnson present in the region are also expected to create lucrative opportunities for the manufacturers operating in the polyisobutylene market. Furthermore, the packaging industry in the United States is anticipated to showcase a noteworthy growth with respect to increasing consumption of beverages and packaged medicaments in domestic as well as exports to international markets. Increasing investments by petrochemical giants in research and development activities for innovative eco-friendly products is likely to accelerate the market growth in the region. Additionally, increasing demand for packaging in the pharmaceutical industry to preserve the effectiveness of drugs is projected to augment market growth over the forecast period.
The COVID 19 pandemic has impacted the major countries in SAM, and many of these countries are under lockdown, which is adversely affecting the polyisobutylene (PIB) market. Brazil has the highest number of COVID-19 cases in SAM, followed by Ecuador, Chile, Peru, and Argentina, among others. Governments of South American countries have taken several actions to protect their citizens and contain COVID-19 spread.
Key Market Segments
In terms of molecular weight, the high segment accounted for the largest share of the SAM polyisobutylene market in 2019. In terms of product, the highly reactive PIB segment held a larger market share of the polyisobutylene market in 2019. In terms of application, the industrial lubes and lube additives segment accounts for largest market share in 2019. Further, the industrial segment held a larger share of the market based on end user in 2019.
Major Sources and Companies Listed
A few major primary and secondary sources referred to for preparing this report on the polyisobutylene (PIB) market in SAM are company websites, annual reports, financial reports, national government documents, and statistical database, among others. Major companies listed in the report are BASF SE, Braskem SA, Ineos AG, Infineum International Limites, and TPC Group are among others.
Reasons to buy report
- Understand the SAM polyisobutylene (PIB) market landscape and identify market segments that are likely to guarantee a strong return
- Stay ahead of the race by comprehending the ever-changing competitive market landscape in SAM
- Efficiently plan mergers and acquisitions and partnership deals in SAM polyisobutylene (PIB)market by identifying market segments with the most promising probable sales
- Take knowledgeable business decisions from perceptive and comprehensive analysis of performance of various market segments
- Obtain revenue forecast for market based on various segments for the period 2020-2027
SAM Polyisobutylene Market Segmentation
SAM Polyisobutylene Market - by Molecular Weight
- Low
- Medium
- High
SAM Polyisobutylene Market - by Product
- Conventional PIB
- Highly Reactive PIB
SAM Polyisobutylene Market - by Application
- Tires
- Industrial Lubes and Lube Additives
- Fuel Additives
- Adhesives and Sealants
SAM Polyisobutylene Market - by End Use Industry
- Industrial
- Food
- Others
SAM Polyisobutylene Market - by Country
- Brazil
- Argentina
- Rest of SAM
Sam Polyisobutylene Market - Company Profiles
- BASF SE
- Braskem SA
- Ineos AG
- Infineum International Limites
- TPC Group
1. Introduction
1.1 Study Scope
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
2. Key Takeaways
3. Research Methodology
3.1 Scope of the Study
3.2 Research Methodology
3.2.1 Data Collection:
3.2.2 Primary Interviews:
3.2.3 Hypothesis formulation:
3.2.4 Macro-economic factor analysis:
3.2.5 Developing base number:
3.2.6 Data Triangulation:
3.2.7 Country level data:
4. Polyisobutylene (PIB) Market Landscape
4.1 Market Overview
4.2 PEST Analysis
4.2.1 SAM
4.3 Expert Opinion
5. Polyisobutylene (PIB) Market –Market Dynamics
5.1 Market Drivers
5.1.1 Automotive Industry to Increase the Market Growth
5.1.2 Rise in Demand for Polyisobutylene from Construction Industry
5.2 Market Restraints
5.2.1 Environmental impact and presence of alternatives/substitutes to hamper the market growth
5.3 Market Opportunities
5.3.1 Growing Demand for PIB From Developed and Developing Economies
5.4 Future Trends
5.4.1 Growing Demand For Polyisobutylene in Food Industry
5.5 Impact Analysis of Drivers and Restraints
6. Polyisobutylene (PIB)– SAM Market Analysis
6.1 Polyisobutylene (PIB) Market Overview
6.1.1 Polyisobutylene (PIB) Market –Revenue and Forecast to 2027 (US$ Mn)
6.2 Competitive Positioning: Key Market Players
7. SAM Polyisobutylene Market Analysis – By Molecular Weight
7.1 Overview
7.2 SAM Polyisobutylene Market Breakdown, By Molecular Weight, 2018 &2027
7.3 Low Molecular Weight
7.3.1 Overview
7.3.2 Low Molecular Weight in Polyisobutylene Market, Revenue Forecast to 2027 (US$ Mn)
7.4 Medium Molecular Weight
7.4.1 Overview
7.4.2 Medium Molecular Weight in Polyisobutylene Market, Revenue and Forecast to 2027 (US$ Mn)
7.5 High Molecular Weight
7.5.1 Overview
7.5.2 High Molecular Weight in Polyisobutylene Market, Revenue and Forecast to 2027 (US$ Mn)
8. SAM Polyisobutylene Market Analysis – By Product
8.1 Overview
8.2 SAM Polyisobutylene Market Breakdown, By Product, 2018 &2027
8.3 Conventional PIB
8.3.1 Overview
8.3.2 SAM Polyisobutylene Market Revenue Via Conventional PIB Revenue and Forecast, to 2027 (US$ Mn)
8.4 Highly Reactive PIB
8.4.1 Overview
8.4.2 SAM Polyisobutylene Market Revenue Via Highly Reactive PIB Revenue and Forecast, to 2027 (US$ Mn)
9. Polyisobutylene (PIB) Market Analysis – By Application
9.1 Overview
9.2 SAM Polyisobutylene (PIB) Market Share, by Application, 2019 and 2027 (%)
9.3 Tires
9.3.1 Overview
9.3.2 Tires: Polyisobutylene (PIB) Market– Revenue and Forecast to 2027 (US$ Mn)
9.3.3 Industrial Lubes and Lube Additives
9.3.3.1 Overview
9.3.3.2 Industrial Lubes and Lube Additives -: Polyisobutylene (PIB) Market– Revenue and Forecast to 2027 (US$ Mn)
9.3.4 Fuel Additives
9.3.4.1 Overview
9.3.4.2 Fuel Additives -: Polyisobutylene (PIB) Market– Revenue and Forecast to 2027 (US$ Mn)
9.3.5 Adhesives and Sealants
9.3.5.1 Overview
9.3.5.2 Adhesives and Sealants -: Polyisobutylene (PIB) Market– Revenue and Forecast to 2027 (US$ Mn)
9.3.6 Others
9.3.6.1 Overview
9.3.6.2 Others -: Polyisobutylene (PIB) Market– Revenue and Forecast to 2027 (US$ Mn)
10. Polyisobutylene (PIB) Market Analysis – By End-Use Industry
10.1 Overview
10.2 SAM Polyisobutylene (PIB) Market Share, by End-Use Industry, 2018 and 2027 (%)
10.3 Industrial
10.3.1 Overview
10.3.2 Industrial: Polyisobutylene (PIB) Market– Revenue and Forecast to 2027 (US$ Mn)
10.4 Food
10.4.1 Overview
10.4.2 Food: Polyisobutylene (PIB) Market– Revenue and Forecast to 2027 (US$ Mn)
10.5 Others
10.5.1 Overview
10.5.2 Other: Polyisobutylene (PIB) Market– Revenue and Forecast to 2027 (US$ Mn)
11. Polyisobutylene Market – Country Analysis
11.1 Overview
11.1.1 South America: Polyisobutylene Market, by Key Country
11.1.1.1 Brazil: Polyisobutylene Market –Revenue and Forecast to 2027 (US$ Mn)
11.1.1.1.1 Brazil: Polyisobutylene Market, Molecular Weight
11.1.1.1.2 Brazil: Polyisobutylene Market, Product
11.1.1.1.3 Brazil: Polyisobutylene Market, Application
11.1.1.1.4 Brazil: Polyisobutylene Market, by End-User Industry
11.1.1.2 Argentina: Polyisobutylene Market –Revenue and Forecast to 2027 (US$ Mn)
11.1.1.2.1 Argentina: Polyisobutylene Market, Molecular Weight
11.1.1.2.2 Argentina: Polyisobutylene Market, Product
11.1.1.2.3 Argentina: Polyisobutylene Market, Application
11.1.1.2.4 Argentina: Polyisobutylene Market, by End-User Industry
11.1.1.3 Rest of South America: Polyisobutylene Market –Revenue and Forecast to 2027 (US$ Mn)
11.1.1.3.1 Rest of South America: Polyisobutylene Market, Molecular Weight
11.1.1.3.2 Rest of South America: Polyisobutylene Market, Product
11.1.1.3.3 Rest of South America: Polyisobutylene Market, Application
11.1.1.3.4 Rest of South America: Polyisobutylene Market, by End-User Industry
12. Impact of COVID-19 Pandemic on SAM Polyisobutylene Market
12.1 South America: Impact assessment of COVID-19 Pandemic
13. Industry Landscape
13.1 Expansion
13.2 Business Planning and Strategy
14. Polyisobutylene (PIB) Market –Company Profiles
14.1 BASF SE
14.1.1 Key Facts
14.1.2 Business Description
14.1.3 Products and Services
14.1.4 Financial Overview
14.1.5 SWOT Analysis
14.1.6 Key Developments
14.2 Braskem SA
14.2.1 Key Facts
14.2.2 Business Description
14.2.3 Products
14.2.4 Financial Overview
14.2.5 SWOT Analysis
14.3 Ineos AG
14.3.1 Key Facts
14.3.2 Business Description
14.3.3 Products and Services
14.3.4 Financial Overview
14.3.5 SWOT Analysis
14.4 Infineum International Limited
14.4.1 Key Facts
14.4.2 Business Description
14.4.3 Products and Services
14.4.4 Financial Overview
14.4.5 SWOT Analysis
14.5 TPC Group
14.5.1 Key Facts
14.5.2 Business Description
14.5.3 Products and Services
14.5.4 Financial Overview
14.5.5 SWOT Analysis
15. Appendix
15.1 About The Insight Partners
15.2 Glossary
LIST OF TABLES
Table 1. SAM Polyisobutylene (PIB) Market –Revenue and Forecast to 2027 (US$ Mn)
Table 2. Brazil Polyisobutylene Market, Molecular Weight – Revenue and Forecast to 2027 (USD Mn)
Table 3. Brazil Polyisobutylene Market, Product – Revenue and Forecast to 2027 (USD Mn)
Table 4. Brazil Polyisobutylene Market, Application – Revenue and Forecast to 2027 (USD Mn)
Table 5. Brazil Polyisobutylene Market, by End-User Industry – Revenue and Forecast to 2027 (USD Mn)
Table 6. Argentina Polyisobutylene Market, Molecular Weight – Revenue and Forecast to 2027 (USD Mn)
Table 7. Argentina Polyisobutylene Market, Product – Revenue and Forecast to 2027 (USD Mn)
Table 8. Argentina Polyisobutylene Market, Application – Revenue and Forecast to 2027 (USD Mn)
Table 9. Argentina Polyisobutylene Market, by End-User Industry– Revenue and Forecast to 2027 (USD Mn)
Table 10. Rest of South America Polyisobutylene Market, Molecular Weight – Revenue and Forecast to 2027 (USD Mn)
Table 11. Rest of South America Polyisobutylene Market, Product – Revenue and Forecast to 2027 (USD Mn)
Table 12. Rest of South America Polyisobutylene Market, Application – Revenue and Forecast to 2027 (USD Mn)
Table 13. Rest of South America Polyisobutylene Market, by End-User Industry– Revenue and Forecast to 2027 (USD Mn)
Table 14. Glossary of Terms, SAM Polyisobutylene Market
LIST OF FIGURES
Figure 1. SAM Polyisobutylene (PIB) Market Segmentation
Figure 2. SAM Polyisobutylene (PIB) Market Segmentation – By Country
Figure 3. SAM Polyisobutylene (PIB) Market Overview
Figure 4. The Highly Reactive (PIB) Segment Held Largest Share of SAM Polyisobutylene (PIB) Market By Product
Figure 5. Brazil Country Held Largest Share of SAM Polyisobutylene (PIB) Market
Figure 6. SAM Polyisobutylene (PIB) Market, Industry Landscape
Figure 7. SAM: PEST Analysis
Figure 8. Expert Opinion
Figure 9. SAM Polyisobutylene (PIB) Market Impact Analysis of Drivers And Restraints
Figure 10. SAM Polyisobutylene (PIB) Market – Revenue and Forecast to 2027 (US$ Mn)
Figure 11. SAM Polyisobutylene Market Breakdown, by Molecular Weight, 2018 &2027 (%)
Figure 12. SAM Low Molecular Weight in Polyisobutylene Market, Revenue and Forecast, 2017–2027 (US$ Mn)
Figure 13. SAM Medium Molecular Weight in Polyisobutylene Market, Revenue and Forecast, 2017–2027 (US$ Mn)
Figure 14. SAM High Molecular Weight in Polyisobutylene Market, Revenue and Forecast, 2017–2027 (US$ Mn)
Figure 15. SAM Polyisobutylene Market Breakdown By Product, 2018 &2027 (%)
Figure 16. SAM Polyisobutylene Market Revenue Via Conventional PIB Forecast, to 2027 (US$ Mn)
Figure 17. SAM Polyisobutylene Market Revenue Via Highly Reactive PIB Revenue and Forecasts to 2027 (US$ Mn)
Figure 18. SAM Polyisobutylene (PIB) Market Share, by Application, 2019 and 2027 (%)
Figure 19. SAM Tires: Polyisobutylene (PIB) Market– Revenue and Forecast to 2027 (US$ Mn)
Figure 20. SAM Industrial Lubes and Lube Additives-: Polyisobutylene (PIB) Market– Revenue and Forecast to 2027 (US$ Mn)
Figure 21. SAM Fuel Additives-: Polyisobutylene (PIB) Market– Revenue and Forecast to 2027 (US$ Mn)
Figure 22. SAM Adhesives and Sealants-: Polyisobutylene (PIB) Market– Revenue and Forecast to 2027 (US$ Mn)
Figure 23. SAM Others-: Polyisobutylene (PIB) Market– Revenue and Forecast to 2027 (US$ Mn)
Figure 24. SAM Polyisobutylene (PIB) Market Share, by End-Use Industry, 2018 and 2027 (%)
Figure 25. SAM Industrial: Polyisobutylene (PIB) Market– Revenue and Forecast to 2027 (US$ Mn)
Figure 26. SAM Food: Polyisobutylene (PIB) Market– Revenue and Forecast to 2027 (US$ Mn)
Figure 27. SAM Other: Polyisobutylene (PIB) Market– Revenue and Forecast to 2027 (US$ Mn)
Figure 28. South America: Polyisobutylene Market Revenue Share, by Key Country (2018 and 2027)
Figure 29. Brazil: Polyisobutylene Market –Revenue and Forecast to 2027 (US$ Mn)
Figure 30. Argentina: Polyisobutylene Market –Revenue and Forecast to 2027 (US$ Mn)
Figure 31. Rest of South America: Polyisobutylene Market –Revenue and Forecast to 2027 (US$ Mn)
Figure 32. Impact of COVID-19 Pandemic in South America Country Markets
The List of Companies - South America Polyisobutylene Market
- TPC Group
- Infineum International Limited
- Ineos AG
- Braskem SA
- BASF SE
- Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the SAM Polyisobutylene (PIB) market.
- Highlights key business priorities in order to assist companies to realign their business strategies
- The key findings and recommendations highlight crucial progressive industry trends in the SAM Polyisobutylene (PIB) market, thereby allowing players across the value chain to develop effective long-term strategies
- Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
- Scrutinize in-depth SAM market trends and outlook coupled with the factors driving the Polyisobutylene (PIB) market, as well as those hindering it
- Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution