Polyisobutylene Market Share and Forecast by 2028

Historic Data: 2019-2020   |   Base Year: 2021   |   Forecast Period: 2022-2028

Polyisobutylene Market Forecast to 2028 - COVID-19 Impact and Global Analysis By Molecular Weight (Low, Medium, and High), Product (Conventional PIB and Highly Reactive PIB), Application (Tires, Industrial Lubes and Lube Additives, Fuel Additives, Adhesives and Sealants, and Others), and End-Use Industry (Industrial, Food, and Others)

  • Report Date : Dec 2021
  • Report Code : TIPRE00004683
  • Category : Chemicals and Materials
  • Status : Published
  • Available Report Formats : pdf-format excel-format
  • No. of Pages : 185

[Research Report] The polyisobutylene market was valued at US$ 2,871.14 million in 2021 and is projected to reach US$ 3,891.16 million by 2028; it is expected to grow at a CAGR of 4.4% from 2021 to 2028.

Polyisobutylene (PIB) is an elastomer or a synthetic rubber. By molecular weight, the market is segmented into low, medium, and high. It is a versatile, non-toxic, and water-white viscous liquid. Polyisobutylene can increase tackiness, provide water-repellency, improve viscosity-index, and provide excellent electrical insulation.

In 2020, North America held the largest revenue share of the global polyisobutylene market. Rising demands from various applications, such as transportation, agrochemical, electrical, and adhesive, drive the growth of the market in North America. Polyisobutylene is increasingly utilized in the transportation, food, and construction industries as it offers low gas permeability, excellent tensile strength, high chemical resistance, and increased stiffness.

Customize This Report To Suit Your Requirement

You will get customization on any report - free of charge - including parts of this report, or country-level analysis, Excel Data pack, as well as avail great offers and discounts for start-ups & universities

Polyisobutylene Market: Strategic Insights

polyisobutylene-pib-market
  • Get Top Key Market Trends of this report.
    This FREE sample will include data analysis, ranging from market trends to estimates and forecasts.

Impact of COVID-19 Pandemic on Polyisobutylene Market

The COVID-19 pandemic drastically altered the status of the chemicals & materials sector and negatively impacted the growth of the polyisobutylene market.The global chemical & materials industry is one of the major industries suffering serious disruptions of the pandemic, such as supply chain breaks, technology events cancellations, and office shutdowns. The global travel bans imposed by countries in Europe, Asia, and North America are affecting the business collaborations and partnerships opportunities. All these factors are anticipated to affect the electronics and chemical & materials industry in a negative manner, which hinders the growth of various markets related to these industries. However, as the economies are planning to revive their operations, the demand for polyisobutylene is expected to rise globally. The demand for polyisobutylene from the downstream industrial lubes and lube additives sectors has started rising with the resumption of business activities and the lifting of lockdown measures globally.   Market Insights
Automotive Industry to Fuel Market Growth During Forecast Period

For the automotive industry, performance of engines to perform their daily functions is important. 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.

Application Insights

Based on application, the global polyisobutylene market is segmented into tires, industrial lubes and lube additives, fuel additives, adhesives and sealants, and others. The industrial lubes and lube additives segment held the largest share of the market in 2020. Polyisobutylene (PIB) reacts with maleic anhydride to form polyisobutenyl- succinic-anhydride (PIBSA), a basic building block for dispersants in lube oils and detergents in fuels. Its other variant polyisobutylene-succinimide (PIBSI) derived from polyisobutylene (PIB) acts as an antioxidant emulsifier in soluble metalworking fluids and a lube additive building block. PIB also burn cleaner, making them ideal for use in two-stroke engines oils and marine applications where lubricants are subjected to harsh blow-by gases from huge diesel engines.

BASF SE, Braskem S.A., Daelim Industrial Petrochemical Division, Ineos AG, Infineum International Limited., Kothari Petrochemicals., Sibur Holding PJSC, Kemat Polybutenes, The Lubrizol Corporation, and TPC Group are among the key players in the global polyisobutylene market. Players operating in the market are highly focused on developing high-quality and innovative product offerings to fulfill the customer's requirements.
 

Polyisobutylene Market Regional Insights

The regional trends and factors influencing the Polyisobutylene Market throughout the forecast period have been thoroughly explained by the analysts at Insight Partners. This section also discusses Polyisobutylene Market segments and geography across North America, Europe, Asia Pacific, Middle East and Africa, and South and Central America.

polyisobutylene-pib-market-global-geography
  • Get the Regional Specific Data for Polyisobutylene Market

Polyisobutylene Market Report Scope

Report Attribute Details
Market size in 2021 US$ 2.87 Billion
Market Size by 2028 US$ 3.89 Billion
Global CAGR (2021 - 2028) 4.4%
Historical Data 2019-2020
Forecast period 2022-2028
Segments Covered By Molecular Weight
  • Low
  • Medium
  • High
By Product
  • Conventional PIB and Highly Reactive PIB
By Application
  • Tires
  • Industrial Lubes and Lube Additives
  • Fuel Additives
  • Adhesives and Sealants
By End-Use Industry
  • Industrial
  • Food
Regions and Countries Covered North America
  • US
  • Canada
  • Mexico
Europe
  • UK
  • Germany
  • France
  • Russia
  • Italy
  • Rest of Europe
Asia-Pacific
  • China
  • India
  • Japan
  • Australia
  • Rest of Asia-Pacific
South and Central America
  • Brazil
  • Argentina
  • Rest of South and Central America
Middle East and Africa
  • South Africa
  • Saudi Arabia
  • UAE
  • Rest of Middle East and Africa
Market leaders and key company profiles
  • BASF SE
  • Braskem SA
  • Daelim Industrial Petrochemical Division
  • Ineos AG
  • Infineum International Limited
  • Kemat Polybutenes
  • Kothari Petrochemicals
  • Sibur Holding PJSC
  • The Lubrizol Corporation

  • Polyisobutylene Market Players Density: Understanding Its Impact on Business Dynamics

    The Polyisobutylene Market is growing rapidly, driven by increasing end-user demand due to factors such as evolving consumer preferences, technological advancements, and greater awareness of the product's benefits. As demand rises, businesses are expanding their offerings, innovating to meet consumer needs, and capitalizing on emerging trends, which further fuels market growth.

    Market players density refers to the distribution of firms or companies operating within a particular market or industry. It indicates how many competitors (market players) are present in a given market space relative to its size or total market value.

    Major Companies operating in the Polyisobutylene Market are:

    1. BASF SE
    2. Braskem SA
    3. Daelim Industrial Petrochemical Division
    4. Ineos AG
    5. Infineum International Limited

    Disclaimer: The companies listed above are not ranked in any particular order.


    polyisobutylene-pib-market-cagr

    • Get the Polyisobutylene Market top key players overview

    Report Spotlights

    • Progressive industry trends in the polyisobutylene market to help players develop effective long-term strategies
    • Business growth strategies adopted by developed and developing markets
    • Quantitative analysis of the polyisobutylene market from 2019 to 2028
    • Estimation of global demand for polyisobutylene
    • Porter's Five Forces analysis to illustrate the efficacy of buyers and suppliers operating in the industry
    • Recent developments to understand the competitive market scenario
    • Market trends and outlook, as well as factors driving and restraining the growth of the polyisobutylene market
    • Assistance in the decision-making process by highlighting market strategies that underpin commercial interest, leading to the market growth
    • The size of the polyisobutylene market size at various nodes
    • Detailed overview and segmentation of the market, as well as the polyisobutylene industry dynamics
    • Size of the polyisobutylene market in various regions with promising growth opportunities

    Polyisobutylene Market

    By Molecular Weight

    • Low
    • Medium
    • High
    • Product
    • Conventional PIB
    • Highly Reactive PIB

    Application

    • Tires
    • Industrial Lubes and Lube Additives
    • Fuel Additives
    • Adhesives and Sealants
    • Others

    End-Use Industry

    • Industrial
    • Food
    • Others

    Company Profiles

    • BASF SE
    • Braskem S.A.
    • Daelim Industrial Petrochemical Division
    • Ineos AG
    • Infineum International Limited.
    • Kemat Polybutenes
    • Kothari Petrochemicals
    • Sibur Holding PJSC
    • The Lubrizol Corporation
    • TPC Group

    Frequently Asked Questions

    Based on application, why is the industrial lubes and lube additives segment expected to grow at the highest rate during 2019-2027?

    Polyisobutylene (PIB) are also used as substitutes for bright stock owing to their advantages such as better viscosity indices and more oxidative and hydrolytic stability. PIB also burn cleaner, making them ideal for use in two-stroke engines oils and marine applications where lubricants are subjected to harsh blow-by gases from huge diesel engines. PIBs are often used in industrial gear oils and have long been used as thickeners in automotive gear oils. The ubiquitous use of polyisobutylene in industrial gear oils is expected to have a positive influence on the polyisobutylene industry.

    Can you list some of the major players operating in the global polyisobutylene market?

    The major players operating in the global polyisobutylene market are BASF SE, Braskem SA, Daelim Industrial Petrochemical Division, Ineos AG, Infineum International Limited, Kemat Polybutenes, Kothari Petrochemicals, Sibur Holding PJSC, The Lubrizol Corporation, and TPC Group; among many others.

    In 2018, which region held the largest share of the global polyisobutylene market?

    In 2018, the polyisobutylene market was predominant in North America at the global level. North America region has a well-established automotive and transport industry. The increase in the production of automotive propels the demand for polyisobutylene. Therefore, increased demand for automobiles and infrastructure developments in the US and Canada are expected to fuel the polyisobutylene market during the forecast period.

    Habi Ummer
    Habi Ummer
    Manager,
    Market Research & Consulting

    Habi is a seasoned Market Research Analyst with 8 years of experience specializing in the Chemicals and Materials sector, with additional expertise in the Food & Beverages and Consumer Goods industries. He is a Chemical Engineer from Vishwakarma Institute of Technology (VIT) and has developed deep domain knowledge across industrial and specialty chemicals, paints and coatings, paper and packaging, lubricants, and consumer products. Habi’s core competencies include market sizing and forecasting, competitive benchmarking, trend analysis, client engagement, report writing, and team coordination—making him adept at delivering actionable insights and supporting strategic decision-making.

    • Historical Analysis (2 Years), Base Year, Forecast (7 Years) with CAGR
    • PEST and SWOT Analysis
    • Market Size Value / Volume - Global, Regional, Country
    • Industry and Competitive Landscape
    • Excel Dataset

    Testimonials

    user

    I wish to appreciate your support and the professionalism you displayed in the course of attending to my request for information regarding to infectious disease IVD market in Nigeria. I appreciate your patience, your guidance, and the fact that you were willing to offer a discount, which eventually made it possible for us to close a deal. I look forward to engaging The Insight Partners in the future, all thanks to the impression you have created in me as a result of this first encounter.

    DR CHIJIOKE ONYIA, MANAGING DIRECTOR, PineCrest Healthcare Ltd.
    user

    The Insight Partners delivered insightful, well-structured market research with strong domain expertise. Their team was professional and responsive throughout. The user-friendly website made accessing industry reports seamless. We highly recommend them for reliable, high-quality research services

    Yukihiko Adachi CEO, Deep Blue, LLC.

    Reason to Buy

    • Informed Decision-Making
    • Understanding Market Dynamics
    • Competitive Analysis
    • Customer Insights
    • Market Forecasts
    • Risk Mitigation
    • Strategic Planning
    • Investment Justification
    • Identifying Emerging Markets
    • Enhancing Marketing Strategies
    • Boosting Operational Efficiency
    • Tracking Industry Innovations
    • Aligning with Regulatory Trends
    Your Key Concerns Addressed - Question & Answer
    Can I view a sample of the report before purchasing?

    Yes! We provide a free sample of the report, which includes Report Scope (Table of Contents), report structure, and selected insights to help you assess the value of the full report. Please click on the "Download Sample" button or contact us to receive your copy.

    Is analyst support included with the purchase?

    Absolutely — analyst assistance is part of the package. You can connect with our analyst post-purchase to clarify report insights, methodology or discuss how the findings apply to your business needs.

    What are the next steps once I place an order?

    Once your order is successfully placed, you will receive a confirmation email along with your invoice.

    • For published reports: You’ll receive access to the report within 4–6 working hours via a secured email sent to your email.
    • For upcoming reports: Your order will be recorded as a pre-booking. Our team will share the estimated release date and keep you informed of any updates. As soon as the report is published, it will be delivered to your registered email.

    Can the report be tailored to suit my specific needs?

    We offer customization options to align the report with your specific objectives. Whether you need deeper insights into a particular region, industry segment, competitor analysis, or data cut, our research team can tailor the report accordingly. Please share your requirements with us, and we’ll be happy to provide a customized proposal or scope.

    In what format is the report delivered?

    The report is available in either PDF format or as an Excel dataset, depending on the license you choose.

    The PDF version provides the full analysis and visuals in a ready-to-read format. The Excel dataset includes all underlying data tables for easy manipulation and further analysis.
    Please review the license options at checkout or contact us to confirm which formats are included with your purchase.

    How secure is the payment process on your platform?

    Our payment process is fully secure and PCI-DSS compliant.

    We use trusted and encrypted payment gateways to ensure that all transactions are protected with industry-standard SSL encryption. Your payment details are never stored on our servers and are handled securely by certified third-party processors.
    You can make your purchase with confidence, knowing your personal and financial information is safe with us.

    Do you provide special pricing for buying multiple reports?

    Yes, we do offer special pricing for bulk purchases.
    If you're interested in purchasing multiple reports, we’re happy to provide a customized bundle offer or volume-based discount tailored to your needs. Please contact our sales team with the list of reports you’re considering, and we’ll share a personalized quote.

    Can I connect with your team to discuss the report before buying?

    Yes, absolutely.
    Our team is available to help you make an informed decision. Whether you have questions about the report’s scope, methodology, customization options, or which license suits you best, we’re here to assist. Please reach out to us at sales@theinsightpartners.com, and one of our representatives will get in touch promptly.

    Will I get a billing invoice upon purchase?

    Yes, a billing invoice will be automatically generated and sent to your registered email upon successful completion of your purchase.
    If you need the invoice in a specific format or require additional details (such as company name, GST, or VAT information), feel free to contact us, and we’ll be happy to assist.

    Is there support available if I can’t access my report?

    Yes, certainly.
    If you encounter any difficulties accessing or receiving your report, our support team is ready to assist you. Simply reach out to us via email or live chat with your order information, and we’ll ensure the issue is resolved quickly so you can access your report without interruption.

    Our Clients

    The List of Companies - Polyisobutylene Market

    1. BASF SE
    2. Braskem SA
    3. Daelim Industrial Petrochemical Division
    4. Ineos AG
    5. Infineum International Limited
    6. Kemat Polybutenes
    7. Kothari Petrochemicals
    8. Sibur Holding PJSC
    9. The Lubrizol Corporation
    10. TPC Group
    Sales Assistance
    US: +1-646-491-9876
    UK: +44-20-8125-4005
    Email: sales@theinsightpartners.com
    Chat with us
    DUNS Logo
    87-673-9708
    ISO Certified Logo
    ISO 9001:2015
    ISO Certified Logo