The polyisobutylene market in MEA is expected to grow from US$ 125. 1 million in 2019 to US$ 165. 4 million by 2027; it is estimated to grow at a CAGR of 3. 6% from 2020 to 2027. The growing demand for polyisobutylene from automotive industry will propel the growth of the MEA polyisobutylene market.
New York, Oct. 28, 2020 (GLOBE NEWSWIRE) -- Reportlinker.com announces the release of the report "Middle East and Africa Polyisobutylene Market Forecast to 2027 - COVID-19 Impact and Regional Analysis by Molecular Weight, Product, Application, and End Use" - https://www.reportlinker.com/p05978875/?utm_source=GNW
In the automotive industry, the performance of engine is an important factor to ensure seamless function of the engine on daily basis.
In addition to it, all their moving parts are essential to be protected and powered with lubricants and fuels enhanced by the additives.PIB-based deposit regulator fuel additives are polymeric chemicals that are widely utilized as additives in engine fuel (for instance gasoline) to keep soot, sludge, oxidation products, and other debris from founding deposits onto and harming key engine parts.
Polyisobutylene-based lubricants and fuels help push the boundaries of strength, speed, durability and cleanliness.These deposits can rob an engine of power, increase harmful emissions, and reduce fuel economy.
These factors are increasing the demand for polyisobutylene in the automotive industry to a greater extent. The automotive industry has been the key market for several types of fuel additives for many years. The share for automobiles has continuously been higher than that of the other fuel additives market segment due to the lack of efficient fossil fuel alternatives and an increasing middle-class economy. The relative importance of fuel additives in aviation has boosted in recent years. Moreover, increasing use of polyisobutylene-based butyl rubber in developing automobile parts such as gaskets, hosepipes, and window strips due to superior thermal stability, flexibility, and improved oxidation resistance is expected to fuel the demand in automotive sector during the forecast period. The increasing demand for polyisobutylene in food industry is among the other factors expected to positively influence the demand for polyisobutylene(PIB) market.
In terms of molecular weight the high molecular weight segment led the polyisobutylene(PIB) market in 2019.High molecular weight polyisobutylene is basically used to adjust properties, including flexibility, cohesive strength, elongation, and gas barrier performance.
PIB with a high molecular weight has an average weight of 500,000–1,200,000 g/mol.High molecular weight PIBs are strong and elastic and can serve as the elastomeric base of PSAs.
The cohesive strength of PIBs is relatively low but can be increased by the addition of high-molecular-weight PIB or fillers.High molecular weight PIB is required for pressure-sensitive adhesion.
ChemSpec, Ltd. is one of the authorized distributors for High molecular weight PIB’s. High molecular weight polyisobutylene has applications in adhesives, sealants, medical, pharmaceutical, automotive, fuels, lubricants, and food grade. High molecular weight polyisobutylene is a solid rubberlike substance; it retains its resilient and high elastic properties and belongs to the elastomers in contrast to polyolefin such as polyethylene, polypropylene, and polybutene, which belong to thermo elasticoplasts.
Saudi Arabia has the highest COVID-19 cases in the MEA, followed by South Africa and the UAE. The UAE was the first country in the region to report a confirmed case of COVID-19.
The overall MEA polyisobutylene (PIB) market size has been derived using both primary and secondary sources.To begin the research process, exhaustive secondary research has been conducted using internal and external sources to obtain qualitative and quantitative information related to the market.
The process also serves the purpose of obtaining overview and forecast for the MEA polyisobutylene (PIB) market with respects to all the segments pertaining to the region.Also, multiple primary interviews have been conducted with industry participants and commentators to validate the data, as well as to gain more analytical insights into the topic.
The participants who typically take part in such a process include industry experts such as VPs, business development managers, market intelligence managers, and national sales managers along with external consultants such as valuation experts, research analysts, and key opinion leaders specializing in the MEA polyisobutylene (PIB) market. TPC Group, The Lubrizol Corporation, Braskem SA, BASF SE, and Kemat Polybutenes are among the key players in the MEA polyisobutylene (PIB) market.
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