'Polyisobutylene market' presentation slideshows

Polyisobutylene Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast

Polyisobutylene (PIB) is a commercial polymer that finds a number of applications in various industries on account of its thermal stability, good flexibility and impermeability to gases. In addition, it has high resistance to acids, alkalis and salts. PIB, a synthetic rubber is used in the manufacture of inner tubes of tires, adhesives, agricultural chemicals, caulks, sealants, paper & pulp and chewing gum among others. Browse Full Market Report : http://www.transparencymarketresearch.com/polyisobutylene-market.html

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Medium molecular weight polyisobutylene is used to adjust properties such as flexibility, elongation, cohesive strength, and gas barrier performance of a product. They have an average molecular weight, Mw, of from 40,000 to 120,000 g/mol. Medium molecular weight polyisobutylene is primarily used in the manufacture of adhesives, sealants, chewing gums, and lubricants, among others. Browse The Full Market Report, Here : http://www.transparencymarketresearch.com/medium-molecular-weight-polyisobutylene-market.html

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Polyisobutylene (PIB) is a commercial polymer used in a number of applications in various industries on account of properties such as thermal stability. Polyisobutylene, a synthetic rubber, is primarily used in the manufacture of inner tubes of tire. Other applications include adhesives, agricultural chemicals, caulks, sealants, paper & pulp, and chewing gum.

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North American Polyisobutylene Market

The U.S. Polyisobutylene market is estimated to be valued at $722.14 million in 2017 and expected to increase in 2023, and growing at a CAGR of 3.39% during the forecast period. The national CAGR of U.S. is lower than the region’s average because it is a mature market for PIB. The major growth of the region is in parts of Canada and Mexico. In spite of registering low growth rates, the U.S. remains the main contributor to the market as it is the largest economy in the trade region (NAFTA). The demand for new automobiles by the American population will ensure that the market keeps growing. The sales of automobiles has continuously increased in the U.S. and thus, the need for tires and other car accessories also increase. This ensures that more PIB is used in manufacturing of cars and lubricants.

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Polyisobutylene Market - Demand, Size, Share, Growth, Trends and Forecast 2015 - 2023

Polyisobutylene Market was valued at US$3.35 bn in 2014 and is anticipated to reach US$5.37 bn by 2023, expanding at a CAGR of 5.4% from 2015 to 2023

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