Syndicated Research Studies

The global polyisobutylene (PIB) market was valued at USD 1.87 billion in 2020 and is expected to grow at a compound annual growth rate (CAGR) of 4.0% from 2021 to 2028. This growth is primarily driven by the wide range of applications of polyisobutylene, including its use in adhesives, sealants, and rubber components in the automotive sector, as well as in fuel and lubricant additives. The rising popularity of tubeless tires in the automotive industry, due to their ease of replacement and lower maintenance requirements, has further supported this market expansion. Polyisobutylene plays a critical role in the production of tubeless tires, where it is used for the inner liners because of its excellent barrier properties, particularly its ability to resist oxygen permeability. This makes it an ideal material for this purpose. In addition, PIB is known for its low moisture and gas permeability, along with exceptional electrical insulation properties, which enhance its versatility across v...

The global polyisobutylene (PIB) market was valued at USD 1.87 billion in 2020 and is projected to grow at a compound annual growth rate (CAGR) of 4.0% from 2021 to 2028. This growth is primarily driven by the wide range of applications of polyisobutylene across various industries. These applications include its use in adhesives and sealants, rubber components in the automotive sector, as well as in fuel and lubricant additives. The growing popularity of tubeless tires in the automotive industry has also contributed to this market expansion. Tubeless tires offer advantages such as ease of replacement and lower maintenance, and polyisobutylene plays a key role in this by serving as an effective oxygen barrier, which makes it an ideal material for the inner liners of tubeless tires. Notably, polyisobutylene is valued for its low moisture and gas permeability, as well as its excellent electrical insulation properties. The COVID-19 pandemic led to a significant shift towards remote work, ...

The global polyisobutylene market was valued at USD 1.87 billion in 2020 and is projected to grow at a compound annual growth rate (CAGR) of 4.0% from 2021 to 2028. This market growth is largely driven by the diverse applications of polyisobutylene, which include its use in adhesives and sealants, rubber components in the automotive sector, as well as in fuel and lubricant additives. The increasing popularity of tubeless tires in the automotive industry—due to their ease of replacement and lower maintenance requirements—has further contributed to this growth. Polyisobutylene serves as an effective barrier to oxygen, making it an ideal material for the inner liners of tubeless tires. Notably, polyisobutylene (PIB) is characterized by low moisture and gas permeability, along with excellent electrical insulation properties. The COVID-19 pandemic led to a significant shift toward remote work, resulting in increased voice traffic, residential broadband usage, and mobile data con...