Global Highly Reactive Polyisobutylene Market 2018-2022
About highly reactive polyisobutylene
Highly reactive polyisobutylene is a form of polyisobutylene that places more than 80% of its double bonds positioned in the terminal position in the molecule.
Technavio’s analysts forecast the Global highly reactive polyisobutylene market to grow at a CAGR of 5.31% during the period 2018-2022.
Covered in this report
The report covers the present scenario and the growth prospects of the highly reactive polyisobutylene market. To calculate the market size, the report considers the revenue generated form applications such as additives, automobiles, and others.
The market is divided into the following segments based on geography:
Technavio Announces the Publication of its Research Report –Global Highly Reactive Polyisobutylene Market 2018-2022
Technavio recognizes the following companies as the key players in the highly reactive polyisobutylene market: BASF, DAELIM, INEOS, RD PRODUCTS, The Lubrizol, TPC Group
Commenting on the report, an analyst from Technavio’s team said: “The increasing R&D activities will be a key trend for the market growth. The increasing R&D activities and product development to produce eco-friendly highly reactive polyisobutylene will drive the demand for bio-based highly reactive polyisobutylene. Also, the use of new catalysts to introduce enhanced properties in highly reactive polyisobutylene will boost the growth.”
According to the report, the increased demand from other diversified applications will drive the market growth. The demand of highly reactive polyisobutylene in the construction industry is high owing to its use as adhesives and sealants. Features such as tackiness and stability along with adhesion and sealants properties.
Further, the report states that the volatility in prices of raw materials will impact the market growth. Isobutylene is a key raw material for producing highly reactive polyisobutylene, that is supplied by oil and gas industry. The volatility in crude oil prices will affect the demand for this key raw material will impact the prices of highly reactive polyisobutylene.