© 2016 Global Market Insights, Inc. USA. All Rights Reserved Polyisobutylene (PIB) Market Price, Trends, Industry Outlook & Forecast

© 2016 Global Market Insights, Inc. USA. All Rights Reserved  Polyisobutylene (PIB) Market in the automotive and constructions sectors have led to the growth of global polyisobutylene (PIB) market. The automotive sector across the globe has been on a constant rise of late, which will lead to an increase in the demand for tires and tubes. PIB is extensively used in the manufacturing of tubes and tires. Polyisobutylene (PIB) Market  It is also one of the key constituents used for the manufacturing of medical packaging stuff such as serum vials, seals, saline bottles, and injectables pertaining to the product benefits such as low permeability to gases, air, and moisture which will boost polyisobutylene (PIB) industry share.  According to Global Market Insights, Inc., “Worldwide polyisobutylene (PIB) market having had a revenue of USD 1.25 billion in 2015, will register an annual growth rate of 5% over the period of 2016 to 2024.” Global Market Scenario of Polyisobutylene (PIB) Industry

© 2016 Global Market Insights, Inc. USA. All Rights Reserved  The differentiating factor of Polyisobutylene (PIB) Market report by Global Market Insights, Inc. when compared with other, similar syndicated research studies includes a 360-degree synopsis of trends for a period of more than 10 years including historic information as well as future outlook.  Reasons to Buy This Report: 1. Polyisobutylene (PIB) Market size & share forecast by product & application, Growth drivers, pitfalls & industry challenges 3. Key Polyisobutylene (PIB) Market growth opportunities & emerging business models 4. Competitive benchmarking with market share analysis and company profiles  High molecular weight polyisobutylene market dominated the product landscape in 2015 and is expected to generate a notable revenue over the years ahead. This product offers the characteristics such as oxidation and heat resistance, which will fuel its demand across automotive applications.  Additives and automotive are the primary application segments of polyisobutylene market. Additives application segment will collect significant revenue with an annual growth rate of more than 4.5% over the coming seven years. Continue…

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© 2016 Global Market Insights, Inc. USA. All Rights Reserved  North America, mainly led by the U.S. polyisobutylene market size will witness growth close to 4% over the forecast timeframe. Increasing durable tires demand from consumer to hold strong grip in snow will positively influence the regional growth. Massive automobile customer base in the U.S will push the business growth for additives. In addition, upcoming U.S. construction industry will boost the product demand for adhesives and sealant applications.  Asia Pacific led the global market size in Prevalence of strong tire and tube manufacturing industries in China, India, Indonesia and Malaysia was the major factor contributing the regional business growth. Increasing automotive sales in India and China, mainly due to increasing consumer per capita disposable income along with reduced interest rates on car loans will complement PIB market size. Regional Insights Request sample of this research

© 2016 Global Market Insights, Inc. USA. All Rights Reserved Inquire for Buying this  The global polyisobutylene market share was highly consolidated in 2015 with top three manufactures accounting for more than half of the global share. Key industry players have their presence across multiple stages of the industry ecosystem, which helps them to acquire a massive chunk of the business share. Some of the product manufacturer includes: BASF SE, ExxonMobil Corporation, Lanxess AG, TPC Group, The Lubrizol Corporation, Chevron Oronite Company LLC, Infineum International Ltd. and Berkshire Hathaway Inc. Competitive Insights

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