Polyisobutylene Market

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Polyisobutylene (PIB), also known as butyl rubber is a vinyl polymer made from the monomer isobutylene, by cationic vinyl polymerization. Globally, Polyisobutylene is regularly used in the transportation, food and construction end-use industries. Demand from end-use industries such as fuel additives, sealants, automotive and pharmaceutical are influencing the growth of the polyisobutylene market. Growing automotive industry and manufacturing of tires and tubes are the prime growth drivers of the market. Adhesives and Sealants applications are expected to report extensive demand for polyisobutylene in the near future. However, the presence of various alternatives such as styrene-butadiene rubber, nitrile rubber, and more may affect the market and its price trends.

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