Research Report on Medium Molecular Weight Polyisobutylene Market upto 2023 added by DecisionDatabases.com studies the current industry developments analysis and upcoming market size, share, demand, trend, growth and forecast. Medium molecular weight polyisobutylene has properties such as moisture resistance, high degree of elongation and good adhesion to multiple substrates. It is used as viscosity modifier, tack improver in adhesive formulations and primary binder in caulking and sealing compounds. They have an average molecular weight, Mw, of from 40,000 to 120,000 g/mol. Medium molecular weight polyisobutylene is used in the production of adhesives, sealants, chewing gums, and lubricants etc.
Medium molecular weight polyisobutylene is classified according to application as gum base, adhesives, sealants, lubricants and others (including bitumen modification, etc.). The adhesives and sealants segments have the highest market share due its usage in various industrial applications. Lubricants segment is expected to grow during the forecast period 2016-2023.
The key drivers for Medium molecular weight polyisobutylene market is the increasing demand for adhesives and sealants. The rising demand in lubricants due to rapid industrialization and growth in the automotive sector is expected to boost the medium molecular weight polyisobutylene market during the forecast period. The rising demand for chewing gums globally is also expected to fuel the market.
Medium Molecular Weight Polyisobutylene By Application :
– Gum Base
Major player assessed in the report is :
– BASF SE
– JX Nippon Oil and Energy Corporation
– Shandong Hongrui Petrochemical Co. Ltd.
– Zhejiang Shunda New Material Co.
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The rapid development of the automotive and construction sectors across the developing countries will also help to boost the market during the forecast period. The key constraints of this market are the stringent government regulations on the manufacture and usage of medium molecular weight polyisobutylene due to its potential hazards to the ecosystem.
Asia Pacific is the largest consumer of medium molecular weight polyisobutylene due to the significant industrial growth. Middle East and Latin America are expected to show significant rise during the forecast period due to the expansion in real estate and infrastructure industries.
Major Table Of Contents :
1. Introduction To Medium Molecular Weight Polyisobutylene Market
2. Executive Summary
3. Market Analysis Of Medium Molecular Weight Polyisobutylene
4. Medium Molecular Weight Polyisobutylene Market Analysis By Applications
5. Medium Molecular Weight Polyisobutylene Market Analysis By Geography
6. Competitive Landscape Of Medium Molecular Weight Polyisobutylene Companies
7. Company Profiles Of Medium Molecular Weight Polyisobutylene Industry
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