Materials & Chemicals / Polybutene-1 Market - Growth, Trends And Forecast (2022-2027) By Types, By Application, By Regions And By Key Players - Lyondell Basell, Mitsui Chemicals, Ylem Technology, Shandong Hongye Chemical
Polybutene-1 Market - Growth, Trends And Forecast (2022-2027) By Types, By Application, By Regions and By Key Players - Lyondell Basell, Mitsui Chemicals, Ylem Technology, Shandong Hongye Chemical
The global polybutene -1 market was valued at US$ 383 million in the year 2021 and it is expected that the market will register a CAGR of 7.5% over the forecast period of 2022-2027.
Polybutene-1 Market Overview
The fast increase in the use of polybutene -1 in plumbing applications along with increasing demand for easy-peel packaging systems across the world is a key factor for boosting the demand for polybutene -1 over the forecast period. Polybutene -1 is a member of the polyolefin polymers family and is used in several end-user industries due to its unique properties. The polybutene -1 market share is an extremely isotactic thermoplastic with expectational thermal, chemical, and mechanical resistance properties. These properties are ideal for certain applications like pressurized cold & hold water piping. Polybutene -1 is used in several customer applications like hot melt adhesives, film medication, hot water tanks, easy-open packaging, and piping systems. It is used in piping systems as it has good creep resistance and flexibility over a wide temperature range. In 2020, Europe was the largest region in the market meanwhile APAC is expected to grow at the highest speed over the forecast period.
Who are the Major Players in Polybutene-1 Market?
Top Key Players in the Polybutene-1 Market have been identified through secondary research, and their market shares have been determined through primary and secondary research. The global Polybutene-1 Market is fragmented with a large number of small players operating worldwide. The companies referred in the market research report include LyondellBasell, Mitsui Chemicals, Ylem Technology, Shandong Hongye Chemical and others.
Industry News-
Recently, LyondellBasell introduced Purell "KT MR 07” the first polybutene-1 (PB-1)-based resin. The new product is made for flexible and transparent healthcare applications including intravenous (IV) infusion and medical tubing bags. With this new introduction, the company will replace PVC or SEBS in medical, bags, tubes, closures, and caps.
What are the major Applications, Types, and Regions for Polybutene-1 Market?
By Type, Polybutene-1 Market has been segmented into
Plumbing System
Packaging Material
Hot Melt Adhesives
Others
By Applications, Polybutene-1 Market has been segmented into
Extrusion Grade
Injection Molding Grade
Extrusion Blow Molding Grade
Polybutene-1 Market Regional Analysis
The market for polybutene-1 is expected to increase steadily in Asia Pacific. The rise in demand for the product in the plumbing system is credited with the increase. In North America, where the United States and Canada are the major countries, increasing adoption of the extrusion grade in the packaging system will fuel market expansion. The increase in Europe is attributable to the increased use of polybutene-1 in hot melt adhesives. Because of the use of the injection moulding grade in pipes, the Middle East and Africa are expected to see significant growth.
The report offers an in-depth assessment of the growth and other aspects of the Polybutene-1 Market in important regions, including the U.S., Canada, Germany, France, U.K., Italy, Russia, China, Japan, South Korea, Taiwan, Southeast Asia, Mexico, and Brazil, etc. Key regions covered in the report are North America, Europe, Asia-Pacific, and Latin America.
What is our Polybutene-1 Market report scope?
Report Attributes
Report Details
Forecast Period 2022 to 2027 CAGR
CAGR of 7.5% during the review period (2022 to 2027).
By Type
Plumbing System
Packaging Material
Hot Melt Adhesives
Others
By Application
Extrusion Grade
Injection Molding Grade
Extrusion Blow Molding Grade
By Companies
LyondellBasell, Mitsui Chemicals, Ylem Technology, Shandong Hongye Chemical
Regions Covered
North America
Europe
Asia-Pacific
Rest of the World
Countries Covered
US
Canada
Germany
France
UK
Italy
Spain
Rest of Europe
China
Japan
India
Australia
South Korea
Rest of Asia-Pacific
Middle East & Africa
Latin America
Base Year
2022
Historical Year
2017 to 2021
Forecast Year
2022 to 2027
Customization Available
Yes, the report can be customized as per your needs
Key Takeaways from this Polybutene-1 Report
Evaluate Polybutene-1 market potential through analyzing growth rates (CAGR %), Volume (Units), and Value ($M) data given at country level - for product types, end-use applications, and by different industries verticals.
Understand the different dynamics influencing the market - key driving factors, challenges, and hidden opportunities.
Get in-depth insights on your competitor's performance - market shares, strategies, financial benchmarking, product benchmarking, SWOT, and more.
Analyze the sales and distribution channels across key geographies to improve top-line revenues.
Understand the industry supply chain with a deep dive on the value augmentation at each step, in order to optimize value and bring efficiencies in your processes.
Get a quick outlook on the Polybutene-1 market entropy - M&As, deals, partnerships, product launches of all key players for the past 4 years.
Evaluate the supply-demand gaps, import-export statistics, and regulatory landscape for more than the top 20 countries globally for the market.
Frequently Asked Questions
What is the study period of this market?
The Polybutene-1 Market is studied from 2017 - 2027.
What is the growth rate of Polybutene-1 Market?
The Polybutene-1 Market is growing at a CAGR of 7.5% over the next 5 years.
Who are the key players in Polybutene-1 Market?
LyondellBasell, Mitsui Chemicals, Ylem Technology, Shandong Hongye Chemical
What region does this Polybutene-1 Market report covers?
North America (the United States, Canada, and Mexico)
Europe (Germany, France, UK, Russia, and Italy)
Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)
South America (Brazil, Argentina, Colombia, etc.)
The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)
What are the significant types of Polybutene-1 Market?
Plumbing System, Packaging Material, Hot Melt Adhesives, Others
What are the major end-use applications of Polybutene-1 Market?
All our reports are custom made to your company needs to a certain extent, we do provide 5 free consulting hours along with purchase of each report, and this will allow you to request any additional data to customize the report as your needs.
Polybutene-1 Introduction and Market Overview
Objectives of the Study
Overview of Polybutene-1
Scope of The Study
Key Market Segments
Players Covered
COVID-19's impact on the Polybutene-1 industry
Methodology of The Study
Research Data Source
Executive Summary
Market Overview
Global Polybutene-1 Market Size, 2022 to 2027
Global Polybutene-1 Market Size by Type, 2022 to 2027
Global Polybutene-1 Market Size by Application, 2022 to 2027
Global Polybutene-1 Market Size by Region, 2022 to 2027
Business Environment Analysis
Global COVID-19 Status and Economic Overview
Influence of COVID-19 Outbreak on Polybutene-1 Industry Development
Industry Chain Analysis
Upstream Raw Material Suppliers of Polybutene-1 Analysis
Global Polybutene-1 Market Value & Volume Forecast, by Type (2022 - 2027)
Global Polybutene-1 Value and Growth Rate of Extrusion Grade
Global Polybutene-1 Value and Growth Rate of Injection Molding Grade
Global Polybutene-1 Value and Growth Rate of Extrusion Blow Molding Grade
Global Polybutene-1 Market Value & Volume Forecast, by Application (2022- 2027)
Plumbing System Global Polybutene-1 Consumption and Growth Rate (2022-2027)
Packaging Material Global Polybutene-1 Consumption and Growth Rate (2022-2027)
Hot Melt Adhesives Global Polybutene-1 Consumption and Growth Rate (2022-2027)
Others Global Polybutene-1 Consumption and Growth Rate (2022-2027)
Polybutene-1 Market Analysis and Forecast by Region
North America Market Value and Consumption Forecast (2022 - 2027)
Asia Pacific Market Value and Consumption Forecast (2022 - 2027)
Middle East and Africa Market Value and Consumption Forecast (2022 - 2027)
South America Market Value and Consumption Forecast (2022 - 2027)
New Project Feasibility Analysis
Industry Barriers and New Entrants SWOT Analysis
Porter's Five Forces Analysis
New Entrants SWOT Analysis
Analysis and Suggestions on New Project Investment
SECONDARY RESEARCH Secondary Research Information is collected from a number of publicly available as well as paid databases. Public sources involve publications by different associations and governments, annual reports and statements of companies, white papers and research publications by recognized industry experts and renowned academia etc. Paid data sources include third party authentic industry databases.
PRIMARY RESEARCH Once data collection is done through secondary research, primary interviews are conducted with different stakeholders across the value chain like manufacturers, distributors, ingredient/input suppliers, end customers and other key opinion leaders of the industry. Primary research is used both to validate the data points obtained from secondary research and to fill in the data gaps after secondary research.
MARKET ENGINEERING The market engineering phase involves analyzing the data collected, market breakdown and forecasting. Macroeconomic indicators and bottom-up and top-down approaches are used to arrive at a complete set of data points that give way to valuable qualitative and quantitative insights. Each data point is verified by the process of data triangulation to validate the numbers and arrive at close estimates.
EXPERT VALIDATION The market engineered data is verified and validated by a number of experts, both in-house and external.
REPORT WRITING/ PRESENTATION After the data is curated by the mentioned highly sophisticated process, the analysts begin to write the report. Garnering insights from data and forecasts, insights are drawn to visualize the entire ecosystem in a single report.
