Polybutene Market 2023, Top Manufactures Analysis, Industry, Demand and Forecast 2030

Polybutene Market is projected to be worth USD 850 million by 2030, registering a CAGR of 7.5% during the forecast period (2020–2030).

 

Polybutene Market Overview

 

Increasing consumer awareness regarding sanitation and hygiene maintenance is projected to accelerate the demand of polybutene in personal care and cosmetic products. Growing chronic diseases and environmental pollution across the globe have positively influenced consumer perception regarding sanitization and personal hygiene, favoring the polybutene market. Furthermore, unsafe hygiene practices negatively affect human health and impact child mortality rates. According to the world health organization in 2015, over 3,40,000 children under the age of five died annually from diarrhea owing to poor sanitation, unsafe drinking water, and poor hygiene. In United Nations, International Children’s Emergency Fund (UNICEF) 2015, reported that around 4.5 billion people lack sanitation services. Thus, such trends exhibit that in coming years personal hygiene and sanitization products is expected to witness huge demand positively impacting the global polybutene market growth by 2023.

Market Segmentation:

The global polybutene market has been segmented on the basis of application and region. By application, the global polybutene market is divided into adhesives, cosmetics personal care, fuel lubricant additives, lubricants, and electrical insulation. The adhesive segment held a significant market share in 2017 and is projected to dominate in coming years owing to rise in consumption at food packaging, disposable soft goods products, labels, and tapes.

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Regional Analysis

Asia-Pacific led the global polybutene market with a healthy CAGR owing to growing applications in the cosmetic personal care industry. The rising population and disposable income in the region have fueled market growth for cosmetic and personal care products favoring the polybutene market. Moreover, the North America market is estimated to witness substantial growth in term of CAGR owing to rising application of polybutene in fuel and lubricants additive owing to US government's initiative to achieve higher fuel economy coupled with expanding automotive industry. Fuel and lubricant additives enhance the efficiency of industrial and automotive. Thus, the recent trend of developing the speed ability and fuel efficiency of automotive vehicles is expected to boost the polybutene application in the automotive industry.

Competitive Analysis:

Some of the leading players in the global polybutene Regional Revenue Forecast are BASF SE (Germany), Dongfang Hongye Limited Company (China), DAELIM (South Korea), INEOS (UK), Lubrizol Corporation (U.S.), LyondellBasell Industries Holdings B.V. (The Netherlands), Mitsui Chemicals, Inc. (Japan), TPC Group (U.S.), Ylem Technology Co., Ltd. (South Korea), Braskem (Brazil), KEMAT Polybutenes (Belgium), SOLTEX (U.S.), Maharashtra Polybutenes Ltd (India), A S Harrison Co Pty Limited (Australia) and Kothari Petrochemicals (India).

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TABLE OF CONTENTS

1 Executive Summary

2 Scope Of The Report

3 Market Research Methodology

4 Market Landscape

5 Industry Overview Of the Global Polybutene Market

6 Market Trends

7. Global Polybutene Market, By Application

8. Global Polybutene Market, By Region

9. Competitive Landscape

10. Company Profiles

11. Conclusion

LIST OF TABLES

Table 1 Global Polybutene Market, By Region, 2018–2023

Table 2 North America: Polybutene Market, By Country, 2018–2023

Table 3 Europe: Polybutene Market, By Country, 2018–2023

Table 4 Asia-Pacific: Polybutene Market, By Country, 2018–2023

Table 5 Middle East Africa: Polybutene Market, By Country, 2018–2023

Table 6 Latin America: Polybutene Market, By Country, 2018–2023

Table 7 Polybutene Product Market, By Region, 2018–2023

Table 8 North America: Polybutene Product Market, By Country, 2018–2023

Table 9 Europe: Polybutene Product Market, By Country, 2018–2023

Table 10 Asia-Pacific: Polybutene Product Market, By Country, 2018–2023

Table 11 Middle East Africa: Polybutene Product Market, By Country, 2018–2023

Table 12 Latin America: Polybutene Product Market, By Country, 2018–2023

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