The South & Central America polyisobutylene market is expected to reach US$ 204.9 million by 2028 from US$ 161.5 million in 2021. The market is estimated to grow at a CAGR of 3.5% from 2021–2028.
For the automotive industry, performance of engines to perform their daily functions is very important. In addition to it, all their moving parts are essential to be protected and powered with lubricants and fuels enhanced by some of the most technologically advanced additives. PIB (Polyisobutylene-based) deposit regulator fuel additives are polymeric chemicals, which is widely utilized as additives in engine fuel (for instance gasoline) to keep soot, sludge, oxidation products, and other debris from founding deposits onto and harming key engine parts. Polyisobutylene-based help lubricants and fuels push the boundaries of strength, speed, durability and cleanliness. These deposits can rob an engine of power, increase harmful emissions, and reduce fuel economy. These factors combined, increases the demand for polyisobutylene in the automotive industry to a greater extent.
Brazil has the highest number of COVID-19 cases, followed by Ecuador, Chile, Peru, and Argentina, among others. The government of South America has taken an array of actions to protect their citizens and contain COVID-19’s spread. It is anticipated that South America will face lower export revenues, both from the drop in commodity prices and reduction in export volumes, especially to China, Europe, and the United States, which are important trade partners. Containment measures in several countries of South America will reduce economic activity in the manufacturing and service sectors for at least the next quarter, with a rebound once the epidemic is contained.
With the new features and technologies, vendors can attract new customers and expand their footprints in emerging markets. This factor is likely to drive the polyisobutylene market. The South & Central America polyisobutylene market is expected to grow at a good CAGR during the forecast period.
South & Central America Polyisobutylene Market Revenue and Forecast to 2028 (US$ Million)
South & Central America Polyisobutylene Market Segmentation
By Molecular Weight
- Low
- Medium
- High
By Product
- Conventional PIB
- Highly Reactive PIB
By Application
- Tires
- Industrial Lubes and Lube Additives
- Fuel Additives
- Adhesives and Sealants
- Other Application
By End User
- Industrial
- Food
- Others
By Country
- South & Central America
- Brazil
- Argentina
- Rest of South & Central America
Companies Mentioned
- BASF SE
- Braskem S.A.
- TPC Group
- Daelim Industrial Petrochemical Division
- Ineos AG
- Infineum International Limited
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
This text is related
to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
This text is related
to country scope.
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 South & Central America
4.3 Expert Opinion
5. Polyisobutylene (PIB) Market –Market Dynamics
5.1 Market Drivers
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)– South & Central America Market Analysis
6.1 Polyisobutylene (PIB) Market Overview
6.2 Polyisobutylene (PIB) Market –Revenue and Forecast to 2028 (US$ Mn)
7. South & Central America Polyisobutylene Market Analysis – By Molecular Weight
7.1 Overview
7.2 Polyisobutylene Market Breakdown, By Molecular Weight, 2020 &2028
7.3 Low Molecular Weight
7.3.1 Overview
7.3.2 Low Molecular Weight in Polyisobutylene Market, Revenue Forecast to 2028 (US$ Mn)
7.4 Medium Molecular Weight
7.4.1 Overview
7.4.2 Medium Molecular Weight in Polyisobutylene Market, Revenue and Forecast to 2028 (US$ Mn)
7.5 High Molecular Weight
7.5.1 Overview
7.5.2 High Molecular Weight in Polyisobutylene Market, Revenue and Forecast to 2028 (US$ Mn)
8. South & Central America Polyisobutylene Market Analysis – By Product
8.1 Overview
8.2 South & Central America Polyisobutylene Market Breakdown, By Product, 2020 &2028
8.3 Conventional PIB
8.3.1 Overview
8.3.2 South & Central America Polyisobutylene Market Revenue Via Conventional PIB Revenue and Forecast, to 2028 (US$ Mn)
8.4 Highly Reactive PIB
8.4.1 Overview
8.4.2 South & Central America Polyisobutylene Market Revenue Via Highly Reactive PIB Revenue and Forecast, to 2028 (US$ Mn)
9. Polyisobutylene (PIB) Market Analysis – By Application
9.1 Overview
9.2 Polyisobutylene (PIB) Market Share, by Application, 2020 and 2028 (%)
9.3 Tires
9.3.1 Overview
9.3.2 Tires: Polyisobutylene (PIB) Market– Revenue and Forecast to 2028 (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 2028 (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 2028 (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 2028 (US$ Mn)
9.3.6 Others
9.3.6.1 Overview
9.3.6.2 Others -: Polyisobutylene (PIB) Market– Revenue and Forecast to 2028 (US$ Mn)
10. Polyisobutylene (PIB) Market Analysis – By End User Industry
10.1 Overview
10.2 Polyisobutylene (PIB) Market Share, by End User Industry, 2020 and 2028 (%)
10.3 Industrial
10.3.1 Overview
10.3.2 Industrial: Polyisobutylene (PIB) Market– Revenue and Forecast to 2028 (US$ Mn)
10.4 Food
10.4.1 Overview
10.4.2 Food: Polyisobutylene (PIB) Market– Revenue and Forecast to 2028 (US$ Mn)
10.5 Others
10.5.1 Overview
10.5.2 Other: Polyisobutylene (PIB) Market– Revenue and Forecast to 2028 (US$ Mn)
11. Polyisobutylene Market – Geographic Analysis
11.1 South America: Polyisobutylene Market
11.1.1 South America: Polyisobutylene Market –Revenue and Forecast to 2028(US$ Mn)
11.1.2 South America: Polyisobutylene Market, by Molecular Weight
11.1.3 South America: Polyisobutylene Market, by Product
11.1.4 South America: Polyisobutylene Market, by Application
11.1.5 South America: Polyisobutylene Market, by End-User Industry
11.1.6 South America: Polyisobutylene Market, by Key Country
11.1.6.1 Brazil: Polyisobutylene Market –Revenue and Forecast to 2028 (US$ Mn)
11.1.6.1.1 Brazil: Polyisobutylene Market, Molecular Weight
11.1.6.1.2 Brazil: Polyisobutylene Market, Product
11.1.6.1.3 Brazil: Polyisobutylene Market, Application
11.1.6.1.4 Brazil: Polyisobutylene Market, by End-User Industry
11.1.6.2 Argentina: Polyisobutylene Market –Revenue and Forecast to 2028 (US$ Mn)
11.1.6.2.1 Argentina: Polyisobutylene Market, Molecular Weight
11.1.6.2.2 Argentina: Polyisobutylene Market, Product
11.1.6.2.3 Argentina: Polyisobutylene Market, Application
11.1.6.2.4 Argentina: Polyisobutylene Market, by End-User Industry
11.1.6.3 Rest of South America: Polyisobutylene Market –Revenue and Forecast to 2028 (US$ Mn)
11.1.6.3.1 Rest of South America: Polyisobutylene Market, Molecular Weight
11.1.6.3.2 Rest of South America: Polyisobutylene Market, Product
11.1.6.3.3 Rest of South America: Polyisobutylene Market, Application
11.1.6.3.4 Rest of South America: Polyisobutylene Market, by End-User Industry
12. Impact of COVID-19 Pandemic on South & Central America Polyisobutylene Market
12.1 South & Central 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 Daelim Industrial Petrochemical Division
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
14.3.6 Key Developments
14.4 Ineos AG
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 Infineum International Limited
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
14.6 TPC Group
14.6.1 Key Facts
14.6.2 Business Description
14.6.3 Products and Services
14.6.4 Financial Overview
14.6.5 SWOT Analysis
15. Appendix
15.1 About The Insight Partners
15.2 Glossary
LIST OF TABLES
Table 1. South America Polyisobutylene Market, by Molecular Weight– Revenue and Forecast to 2028 (US$ Mn)
Table 2. South America Polyisobutylene Market, by Product – Revenue and Forecast to 2028 (US$ Mn)
Table 3. South America Polyisobutylene Market, by Application – Revenue and Forecast to 2028 (US$ Mn)
Table 4. South America Polyisobutylene Market, by End-User Industry– Revenue and Forecast to 2028 (US$ Mn)
Table 5. Brazil Polyisobutylene Market, Molecular Weight – Revenue and Forecast to 2028 (US$ Mn)
Table 6. Brazil Polyisobutylene Market, Product – Revenue and Forecast to 2028 (US$ Mn)
Table 7. Brazil Polyisobutylene Market, Application – Revenue and Forecast to 2028 (US$ Mn)
Table 8. Brazil Polyisobutylene Market, by End-User Industry – Revenue and Forecast to 2028 (US$ Mn)
Table 9. Argentina Polyisobutylene Market, Molecular Weight – Revenue and Forecast to 2028 (US$ Mn)
Table 10. Argentina Polyisobutylene Market, Product – Revenue and Forecast to 2028 (US$ Mn)
Table 11. Argentina Polyisobutylene Market, Application – Revenue and Forecast to 2028 (US$ Mn)
Table 12. Argentina Polyisobutylene Market, by End-User Industry– Revenue and Forecast to 2028 (US$ Mn)
Table 13. Rest of South America Polyisobutylene Market, Molecular Weight – Revenue and Forecast to 2028 (US$ Mn)
Table 14. Rest of South America Polyisobutylene Market, Product – Revenue and Forecast to 2028 (US$ Mn)
Table 15. Rest of South America Polyisobutylene Market, Application – Revenue and Forecast to 2028 (US$ Mn)
Table 16. Rest of South America Polyisobutylene Market, by End-User Industry– Revenue and Forecast to 2028 (US$ Mn)
Table 17. Glossary of Terms, South & Central America Polyisobutylene Market
LIST OF FIGURES
Figure 1. Polyisobutylene (PIB) Market Segmentation
Figure 2. South & Central America Polyisobutylene (PIB) Market Overview
Figure 3. The Highly Reactive (PIB) Segment Held Largest Share of South & Central America Polyisobutylene (PIB) Market by Product
Figure 4. Brazil Held Largest Share of South & Central America Polyisobutylene (PIB) Market
Figure 5. South & Central America Polyisobutylene (PIB) Market, Industry Landscape
Figure 6. South & Central America PEST Analysis
Figure 7. Expert Opinion
Figure 8. Polyisobutylene (PIB) Market Impact Analysis of Drivers And Restraints
Figure 9. Geographic Overview of South & Central America Polyisobutylene (PIB) Market
Figure 10. Polyisobutylene (PIB) Market – Revenue and Forecast to 2028 (US$ Mn)
Figure 11. Polyisobutylene Market Breakdown, by Molecular Weight, 2020 &2028 (%)
Figure 12. Low Molecular Weight in Polyisobutylene Market, Revenue and Forecast, 2017–2028 (US$ Mn)
Figure 13. Medium Molecular Weight in Polyisobutylene Market, Revenue and Forecast, 2017–2028 (US$ Mn)
Figure 14. High Molecular Weight in Polyisobutylene Market, Revenue and Forecast, 2017–2028 (US$ Mn)
Figure 15. South & Central America Polyisobutylene Market Breakdown by Product, 2020 &2028 (%)
Figure 16. South & Central America Polyisobutylene Market Revenue Via Conventional PIB Forecast, to 2028 (US$ Mn)
Figure 17. South & Central America Polyisobutylene Market Revenue Via Highly Reactive PIB Revenue and Forecasts to 2028 (US$ Mn)
Figure 18. Polyisobutylene (PIB) Market Share, by Application, 2020 and 2028 (%)
Figure 19. Tires: Polyisobutylene (PIB) Market– Revenue and Forecast to 2028 (US$ Mn)
Figure 20. Industrial Lubes and Lube Additives-: Polyisobutylene (PIB) Market– Revenue and Forecast to 2028 (US$ Mn)
Figure 21. Fuel Additives-: Polyisobutylene (PIB) Market– Revenue and Forecast to 2028 (US$ Mn)
Figure 22. Adhesives and Sealants-: Polyisobutylene (PIB) Market– Revenue and Forecast to 2028 (US$ Mn)
Figure 23. Others-: Polyisobutylene (PIB) Market– Revenue and Forecast to 2028 (US$ Mn)
Figure 24. Polyisobutylene (PIB) Market Share, by End User Industry, 2020 and 2028 (%)
Figure 25. Industrial: Polyisobutylene (PIB) Market– Revenue and Forecast to 2028 (US$ Mn)
Figure 26. Food: Polyisobutylene (PIB) Market– Revenue and Forecast to 2028 (US$ Mn)
Figure 27. Other: Polyisobutylene (PIB) Market– Revenue and Forecast to 2028 (US$ Mn)
Figure 28. South America: Polyisobutylene Market – Revenue and Forecast to 2028 (US$ Mn)
Figure 29. South America: Polyisobutylene Market Revenue Share, by Molecular Weight (2020 and 2028)
Figure 30. South America: Polyisobutylene Market Revenue Share, by Product (2020 and 2028)
Figure 31. South America: Polyisobutylene Market Revenue Share, by Application (2020 and 2028)
Figure 32. South America: Polyisobutylene Market Revenue Share, by End-User Industry(2020 and 2028)
Figure 33. South America: Polyisobutylene Market Revenue Share, by Key Country (2020 and 2028)
Figure 34. Brazil: Polyisobutylene Market –Revenue and Forecast to 2028 (US$ Mn)
Figure 35. Argentina: Polyisobutylene Market –Revenue and Forecast to 2028 (US$ Mn)
Figure 36. Rest of South America: Polyisobutylene Market –Revenue and Forecast to 2028 (US$ Mn)
Figure 37. Impact of COVID-19 Pandemic in South & Central America Country Markets
- BASF SE
- Braskem S.A.
- TPC Group
- Daelim Industrial Petrochemical Division
- Ineos AG
- Infineum International Limited
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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