Polyisobutylene Market Size, Share, Opportunities, And Trends By Molecular Weight (High Molecular Weight, Medium Molecular Weight, Low Molecular Weight), By Product (HR-PIB, C-PIB), By Application (Automotive Rubber Components, Fuel Additives, Adhesives & Sealants, Lubricant Additives, Others), And By Geography - Forecasts From 2023 To 2028

  • Published : May 2023
  • Report Code : KSI061615365
  • Pages : 143

Polyisobutylene (PIB) stands as a highly versatile synthetic rubber-like polymer derived from isobutylene, a valuable byproduct of petroleum refining. Its properties render it indispensable across various industries on a global scale. PIB's remarkable impermeability to gases and moisture grants it extensive utility in automotive components, particularly high-performance tires, which demand superior air retention capabilities. The global polyisobutylene market encompasses the comprehensive production, distribution, and consumption of PIB on a worldwide level. The market thrives primarily due to escalating demand for high-performance tires and automotive components, alongside the growing requisites of lubricants in diverse industrial sectors. Additionally, advancements in drug delivery systems, employing PIB as an encapsulating agent, significantly contribute to market expansion.

Nevertheless, the polyisobutylene market confronts challenges. The volatility of raw material prices, particularly within the petroleum industry, exerts influence over production costs and overall profitability. Additionally, environmental concerns associated with petroleum-based products present obstacles, with mounting emphasis placed on sustainable alternatives. Furthermore, the market includes intense competition, with key players such as Braskem, Janex S.A, and ENEOS Corporation actively endeavoring to preserve and expand their market shares through continuous innovation and product development.

The polyisobutylene market is driven by increasing automotive and personal care production and rising demand for controlled-release drug delivery systems.

Increasing automotive and personal care production - The growing automotive industry drives the demand for polyisobutylene in tire manufacturing and automotive components. According to the International Organization of Motor Vehicle Manufacturers (OICA), global automobile production reached approximately 85.06 million vehicles in 2022 which signified a 10% increase over 2020’s production volume. As the production of vehicles increases globally, the demand for high-performance tires and related products, which utilize polyisobutylene, is expected to rise. The personal care industry utilizes polyisobutylene in products such as lipsticks, lip balms, and haircare formulations due to its emollient and moisturizing properties. The growing demand for personal care products globally contributes to the increased consumption of polyisobutylene.

Rising demand for controlled-release drug delivery systems- The pharmaceutical sector is witnessing advancements in drug delivery systems, particularly the demand for controlled-release formulations. Polyisobutylene is utilized in such systems to regulate the release of active pharmaceutical ingredients, contributing to sustained drug release over an extended period.

Key developments.

  • In February 2021, Kothari Petrochemicals Ltd introduced PIB R-01, a premium adhesive solution based on polyisobutylene. This high-quality Ultra-strong - Tacky adhesive exhibits exceptional adhesiveness, specifically designed for efficient control of rodents and other crawling pests. The adhesive's immediate grip and remarkable stretchable hold make it an ideal choice for manufacturers specializing in RTG pads.
  • In February 2021, BASF unveiled OPPANOL C, an innovative variation of polyisobutylene (PIB) which consists of PIB chips measuring one inch in size, providing streamlined processing capabilities that minimize both product development time and manufacturing steps. Notably, this non-toxic PIB boasts high purity levels and complies with the strict FDA food contact regulations, rendering it suitable for a diverse range of applications. OPPANOL C retains the advantageous features of BASF's renowned high molecular weight PIB, such as exceptional barrier properties and adhesive qualities.

Based on molecular weight, the polyisobutylene market is expected to witness positive growth in the high molecular weight segment.

The high molecular weight polyisobutylene (PIB) is experiencing a surge in demand within the polyisobutylene market which can be attributed to its exceptional properties and versatile applications. Industries such as automotive, lubricants, adhesives, and pharmaceuticals are driving the demand for high molecular weight PIB. Furthermore, the expanding end-use industries such as lubricants and pharmaceuticals are creating opportunities for high molecular weight PIB. Its ability to act as a viscosity modifier in lubricants and a controlled-release agent in pharmaceuticals contributes to its market growth. Persistent research and development efforts are dedicated to enhancing the properties and performance of high molecular weight PIB. This ongoing innovation further boosts its market potential and opens avenues for new applications.

Europe and Asia Pacific accounted for significant shares of the global polyisobutylene market.

Based on geography, the polyisobutylene market is segmented into North America, South America, Europe, the Middle East and Africa, and Asia Pacific. The polyisobutylene market in Europe is driven by the well-developed automotive and industrial sectors. The region has stringent regulations on fuel efficiency and emission standards, leading to increased demand for high-performance tires incorporating polyisobutylene. Moreover, Europe has a strong presence of lubricant manufacturers, and the demand for specialty lubricants, where polyisobutylene is used as a viscosity modifier, is high. Additionally, the region's focus on renewable energy sources and sustainable solutions creates opportunities for polyisobutylene in applications such as sealants and adhesives for wind energy installations. The personal care and pharmaceutical industries also contribute to the market growth in Europe. The Asia Pacific region holds major shares of the polyisobutylene market due to rapid industrialization, urbanization, and increasing disposable incomes. The region’s construction industry also plays a significant role, utilizing polyisobutylene in sealants, adhesives, and roofing applications.


    • High Molecular Weight
    • Medium Molecular Weight
    • Low Molecular Weight
    • HR-PIB
    • C-PIB
    • Automotive Rubber Components
    • Fuel Additives
    • Adhesives & Sealants
    • Lubricant Additives
    • Others
    • North America
      • USA
      • Canada
      • Mexico
    • South America
      • Brazil
      • Argentina
      • Others
    • Europe
      • Germany
      • France
      • United Kingdom
      • Spain
      • Others
    • Middle East And Africa
      • Saudi Arabia
      • UAE
      • Israel
      • Others
    • Asia Pacific
      • China
      • India
      • South Korea
      • Indonesia
      • Thailand
      • Taiwan
      • Others

Frequently Asked Questions (FAQs)

2021 has been taken as the base year in the polyisobutylene market.
Prominent key market players in the polyisobutylene market include ENEOS Corporation, LABDHI CHEMICALS, Merck KGaA, Janex S.A, and TER Chemicals, among others.
The polyisobutylene market has been segmented by molecular weight, product, application, and geography.
The polyisobutylene market is driven by increasing automotive and personal care production and rising demand for controlled-release drug delivery systems.
Europe and Asia Pacific accounted for significant shares of the global polyisobutylene market.


1.1. Market Overview

1.2. Market Definition

1.3. Scope of the Study

1.4. Market Segmentation

1.5. Currency

1.6. Assumptions

1.7. Base, and Forecast Years Timeline


2.1. Research Data

2.2. Assumptions


3.1. Research Highlights


4.1. Market Drivers

4.2. Market Restraints

4.3. Porter’s Five Force Analysis

4.3.1. Bargaining Power of Suppliers

4.3.2. Bargaining Power of Buyers

4.3.3. Threat of New Entrants

4.3.4. Threat of Substitutes

4.3.5. Competitive Rivalry in the Industry

4.4. Industry Value Chain Analysis


5.1. Introduction

5.2. High Molecular Weight

5.3. Medium Molecular Weight

5.4. Low Molecular Weight


6.1. Introduction

6.2. HR-PIB

6.3. C-PIB


7.1. Introduction

7.2. Automotive Rubber Components

7.3. Fuel Additives

7.4. Adhesives & Sealants

7.5. Lubricant Additives

7.6. Others


8.1. Introduction 

8.2. North America

8.2.1. USA

8.2.2. Canada

8.2.3. Mexico

8.3. South America

8.3.1. Brazil

8.3.2. Argentina

8.3.3. Others

8.4. Europe

8.4.1. Germany

8.4.2. France

8.4.3. United Kingdom

8.4.4. Spain

8.4.5. Others

8.5. Middle East And Africa

8.5.1. Saudi Arabia

8.5.2. UAE

8.5.3. Israel

8.5.4. Others

8.6. Asia Pacific

8.6.1. China

8.6.2. Japan

8.6.3. India

8.6.4. South Korea

8.6.5. Indonesia

8.6.6. Thailand

8.6.7. Taiwan

8.6.8. Others


9.1. Major Players and Strategy Analysis

9.2. Emerging Players and Market Lucrativeness

9.3. Mergers, Acquisitions, Agreements, and Collaborations

9.4. Vendor Competitiveness Matrix


10.1. ENEOS Corporation


10.3. Merck KGaA

10.4. Janex S.A

10.5. TER Chemicals

10.6. SABIC

10.7. TPC Group

10.8. Kothari Petrochemicals

10.9. Dupont

10.10. Braskem

ENEOS Corporation


Merck KGaA

Janex S.A

TER Chemicals


TPC Group

Kothari Petrochemicals