Global Medium Molecular Weight Polyisobutylene market is expected to reach 185.65 million USD by 2023
The global medium molecular weight Polyisobutylene market is valued at 117.33 million USD in 2016 and is expected to reach 185.65 million USD by the end of 2023, growing at a CAGR of 6.77
The global medium molecular weight Polyisobutylene market is valued at 117.33 million USD in 2016 and is expected to reach 185.65 million USD by the end of 2023, growing at a CAGR of 6.77
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QYResearch<br />
• In the past several years, the global medium molecular weight<br />
<strong>Poly<strong>is</strong>obutylene</strong> <strong>market</strong> <strong>is</strong> relatively stable with CAGR of 6.06% from<br />
2012 <strong>to</strong> 2016. The <strong>market</strong> of MM PIB <strong>is</strong> highly concentrated with limited<br />
suppliers in the <strong>market</strong>. Leading suppliers in the <strong>market</strong> are BASF,<br />
ENEOS, Jilin Petrochemical, Shandong Hongrui and Zhejiang Shunda.<br />
• Application of <strong>Poly<strong>is</strong>obutylene</strong> can be classified as Adhesives, Sealants,<br />
Lubricants, Roofing, Paraffin and waxes, Bitumen, Chewing gum Other etc.<br />
Adhesives <strong>is</strong> the largest application of MM <strong>Poly<strong>is</strong>obutylene</strong>, which<br />
accounts for 35.44% of world <strong>to</strong>tal consumption volume.<br />
w w w. q y re s e a rc h . c o m
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