Global Research and Prospects Forecast for the Medium Molecular Weight Polyisobutylene Market
According to QYResearch’s research findings, the global market size for medium molecular weight polyisobutylene is projected to grow from USD 180 million in 2024 to USD 315 million by 2031, with a compound annual growth rate (CAGR) of 9.2%.
Release time:
2021-11-12
According to QYResearch’s research findings, the global market size for medium molecular weight polyisobutylene is projected to grow from US$180 million in 2024 to US$315 million by 2031, with a compound annual growth rate (CAGR) of 9.2%.
The molecular weight of medium-molecular-weight polyisobutene typically ranges from 40,000 to 120,000 g/mol. It is widely used in fields such as adhesives, fuel and lubricant additives, architectural sealants, automotive protective films, and chewing gum production. For example, it can be used as a sealant to protect against the risks posed by direct sunlight.
The major global producers of molecular-weight polyisobutylene include BASF, Hongrui New Materials Technology, and Zhejiang Shunda New Materials. The top three producers account for over 90% of the market share, with BASF holding the largest share at 56%.