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The global Hydrogenated Polyisobutylene (PIB) market size was USD 18.58 Billion in 2022 and is expected to register a revenue CAGR of 4.6% during the forecast period. Rising demand for cosmetics & personal care products, rise in automotive production, rising demand for high-performance lubricants, growing adoption of PIB-based adhesives and sealants for various applications, and increase in usage in pharmaceutical formulations due to its versatile properties are some factors expected to drive the market revenue growth over the forecast period.
The report is updated with the latest economic scenario and market scope with regard to the ongoing COVID-19 pandemic. The report covers growth prospects as well as current and futuristic revenue estimations in a post COVID scenario. The report also covers changing trends and market dynamics due to the pandemic and provides an accurate impact analysis of the crisis on the overall market. The pandemic has changed the economic scenario of the world and has affected several sectors of the market. The report estimates the market for Hydrogenated Polyisobutylene according to the impact of COVID-19.
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The leading market contenders listed in the report are:
BASF SE, INEOS, TPC Group, Janex SA, Chevron Phillips Chemical Company LLC., KRATON CORPORATION, Infineum International Limited., The Lubrizol Corporation, The Innovation Company, and Evonik
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Market Segmentations of the Hydrogenated Polyisobutylene Market
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Regional Outlook of the Hydrogenated Polyisobutylene Market
The global Hydrogenated Polyisobutylene market has been categorized into several important geographical regions, including North America, Europe, Asia Pacific, Latin America, and Middle East Africa. In this section, authors of the report have studied the presence of the global Hydrogenated Polyisobutylene market across major geographies. Moreover, the estimated market share, market size, revenue contribution, sales network and distribution channel, and other crucial elements of each regional segment have been detailed in the report.
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