The North America Polyisobutene Market would witness market growth of 4.9% CAGR during the forecast period (2023-2030). In the year 2019, the North America market's volume surged to 267.35 Kilo Tonnes, showcasing a growth of 4.2% (2019-2022).
Polyisobutene (PIB) is widely used in the automotive industry as a key ingredient in formulating high-performance lubricants. Its excellent viscosity index and thermal stability contribute to improved engine efficiency and reduced friction, extending the life of automotive components. This is employed as a fuel additive, enhancing the properties of fuels.
Polyisobutene's adhesive and sealing properties make it valuable in the construction industry. It is used to produce adhesives and sealants, ensuring strong and durable bonds between materials. PIB-based sealants contribute to weatherproofing and enhancing the longevity of structures. It’s surface-active properties make it suitable for applications as a surfactant.
As the automotive industry in Canada emphasizes comfort and performance, the demand for components incorporating this for vibration control is likely to grow. This plays a crucial role in tire manufacturing, where it is often used in the inner liner of tires in Canada. This application enhances the air retention properties of tires, contributing to improved fuel efficiency and overall tire performance in Canada. Hence, the factors mentioned above will drive the regional market growth.
The US market dominated the North America Polyisobutene Market by Country in 2022 and would continue to be a dominant market till 2030; thereby, achieving a market value of $749.3 million by 2030. The Canada market is experiencing a CAGR of 7.3% during (2023 - 2030). Additionally, The Mexico market would exhibit a CAGR of 6.3% during (2023 - 2030).
Free Valuable Insights: The Polyisobutene Market is Predict to reach $3.6 Billion by 2030, at a CAGR of 5.4%
Based on Molecular Weight Type, the market is segmented into High, Medium, and Low. Based on Application, the market is segmented into Lubricant Additives, Adhesives & Sealants, Automotive Rubber Components, Fuel Additives, and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
List of Key Companies Profiled
- Lanxess AG
- BASF SE
- Berkshire Hathaway, Inc.
- Reliance Industries Limited
- INEOS Group Holdings S.A.
- Braskem SE (Odebrecht S.A)
- ENEOS Corporation (Eneos Holdings)
- Exxon Mobil Corporation
- Chevron Oronite Company LLC
- TPC Group
North America Polyisobutene Market Report Segmentation
By Molecular Weight Type (Volume, Kilo Tonnes, USD Billion, 2019-2030)
By Application (Volume, Kilo Tonnes, USD Billion, 2019-2030)
- Lubricant Additives
- Adhesives & Sealants
- Automotive Rubber Components
- Fuel Additives
- Others
By Country (Volume, Kilo Tonnes, USD Billion, 2019-2030)
- US
- Canada
- Mexico
- Rest of North America
TABLE 1 North America Polyisobutene Market, 2019 - 2022, USD Million
TABLE 2 North America Polyisobutene Market, 2023 - 2030, USD Million
TABLE 3 North America Polyisobutene Market, 2019 - 2022, Kilo Tonnes
TABLE 4 North America Polyisobutene Market, 2023 - 2030, Kilo Tonnes
TABLE 5 North America Polyisobutene Market by Molecular Weight Type, 2019 - 2022, USD Million
TABLE 6 North America Polyisobutene Market by Molecular Weight Type, 2023 - 2030, USD Million
TABLE 7 North America Polyisobutene Market by Molecular Weight Type, 2019 - 2022, Kilo Tonnes
TABLE 8 North America Polyisobutene Market by Molecular Weight Type, 2023 - 2030, Kilo Tonnes
TABLE 9 North America High Market by Country, 2019 - 2022, USD Million
TABLE 10 North America High Market by Country, 2023 - 2030, USD Million
TABLE 11 North America High Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 12 North America High Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 13 North America Medium Market by Country, 2019 - 2022, USD Million
TABLE 14 North America Medium Market by Country, 2023 - 2030, USD Million
TABLE 15 North America Medium Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 16 North America Medium Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 17 North America Low Market by Country, 2019 - 2022, USD Million
TABLE 18 North America Low Market by Country, 2023 - 2030, USD Million
TABLE 19 North America Low Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 20 North America Low Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 21 North America Polyisobutene Market by Application, 2019 - 2022, USD Million
TABLE 22 North America Polyisobutene Market by Application, 2023 - 2030, USD Million
TABLE 23 North America Polyisobutene Market by Application, 2019 - 2022, Kilo Tonnes
TABLE 24 North America Polyisobutene Market by Application, 2023 - 2030, Kilo Tonnes
TABLE 25 North America Lubricant Additives Market by Country, 2019 - 2022, USD Million
TABLE 26 North America Lubricant Additives Market by Country, 2023 - 2030, USD Million
TABLE 27 North America Lubricant Additives Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 28 North America Lubricant Additives Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 29 North America Adhesives & Sealants Market by Country, 2019 - 2022, USD Million
TABLE 30 North America Adhesives & Sealants Market by Country, 2023 - 2030, USD Million
TABLE 31 North America Adhesives & Sealants Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 32 North America Adhesives & Sealants Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 33 North America Automotive Rubber Components Market by Country, 2019 - 2022, USD Million
TABLE 34 North America Automotive Rubber Components Market by Country, 2023 - 2030, USD Million
TABLE 35 North America Automotive Rubber Components Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 36 North America Automotive Rubber Components Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 37 North America Fuel Additives Market by Country, 2019 - 2022, USD Million
TABLE 38 North America Fuel Additives Market by Country, 2023 - 2030, USD Million
TABLE 39 North America Fuel Additives Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 40 North America Fuel Additives Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 41 North America Others Market by Country, 2019 - 2022, USD Million
TABLE 42 North America Others Market by Country, 2023 - 2030, USD Million
TABLE 43 North America Others Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 44 North America Others Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 45 North America Polyisobutene Market by Country, 2019 - 2022, USD Million
TABLE 46 North America Polyisobutene Market by Country, 2023 - 2030, USD Million
TABLE 47 North America Polyisobutene Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 48 North America Polyisobutene Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 49 US Polyisobutene Market, 2019 - 2022, USD Million
TABLE 50 US Polyisobutene Market, 2023 - 2030, USD Million
TABLE 51 US Polyisobutene Market, 2019 - 2022, Kilo Tonnes
TABLE 52 US Polyisobutene Market, 2023 - 2030, Kilo Tonnes
TABLE 53 US Polyisobutene Market by Molecular Weight Type, 2019 - 2022, USD Million
TABLE 54 US Polyisobutene Market by Molecular Weight Type, 2023 - 2030, USD Million
TABLE 55 US Polyisobutene Market by Molecular Weight Type, 2019 - 2022, Kilo Tonnes
TABLE 56 US Polyisobutene Market by Molecular Weight Type, 2023 - 2030, Kilo Tonnes
TABLE 57 US Polyisobutene Market by Application, 2019 - 2022, USD Million
TABLE 58 US Polyisobutene Market by Application, 2023 - 2030, USD Million
TABLE 59 US Polyisobutene Market by Application, 2019 - 2022, Kilo Tonnes
TABLE 60 US Polyisobutene Market by Application, 2023 - 2030, Kilo Tonnes
TABLE 61 Canada Polyisobutene Market, 2019 - 2022, USD Million
TABLE 62 Canada Polyisobutene Market, 2023 - 2030, USD Million
TABLE 63 Canada Polyisobutene Market, 2019 - 2022, Kilo Tonnes
TABLE 64 Canada Polyisobutene Market, 2023 - 2030, Kilo Tonnes
TABLE 65 Canada Polyisobutene Market by Molecular Weight Type, 2019 - 2022, USD Million
TABLE 66 Canada Polyisobutene Market by Molecular Weight Type, 2023 - 2030, USD Million
TABLE 67 Canada Polyisobutene Market by Molecular Weight Type, 2019 - 2022, Kilo Tonnes
TABLE 68 Canada Polyisobutene Market by Molecular Weight Type, 2023 - 2030, Kilo Tonnes
TABLE 69 Canada Polyisobutene Market by Application, 2019 - 2022, USD Million
TABLE 70 Canada Polyisobutene Market by Application, 2023 - 2030, USD Million
TABLE 71 Canada Polyisobutene Market by Application, 2019 - 2022, Kilo Tonnes
TABLE 72 Canada Polyisobutene Market by Application, 2023 - 2030, Kilo Tonnes
TABLE 73 Mexico Polyisobutene Market, 2019 - 2022, USD Million
TABLE 74 Mexico Polyisobutene Market, 2023 - 2030, USD Million
TABLE 75 Mexico Polyisobutene Market, 2019 - 2022, Kilo Tonnes
TABLE 76 Mexico Polyisobutene Market, 2023 - 2030, Kilo Tonnes
TABLE 77 Mexico Polyisobutene Market by Molecular Weight Type, 2019 - 2022, USD Million
TABLE 78 Mexico Polyisobutene Market by Molecular Weight Type, 2023 - 2030, USD Million
TABLE 79 Mexico Polyisobutene Market by Molecular Weight Type, 2019 - 2022, Kilo Tonnes
TABLE 80 Mexico Polyisobutene Market by Molecular Weight Type, 2023 - 2030, Kilo Tonnes
TABLE 81 Mexico Polyisobutene Market by Application, 2019 - 2022, USD Million
TABLE 82 Mexico Polyisobutene Market by Application, 2023 - 2030, USD Million
TABLE 83 Mexico Polyisobutene Market by Application, 2019 - 2022, Kilo Tonnes
TABLE 84 Mexico Polyisobutene Market by Application, 2023 - 2030, Kilo Tonnes
TABLE 85 Rest of North America Polyisobutene Market, 2019 - 2022, USD Million
TABLE 86 Rest of North America Polyisobutene Market, 2023 - 2030, USD Million
TABLE 87 Rest of North America Polyisobutene Market, 2019 - 2022, Kilo Tonnes
TABLE 88 Rest of North America Polyisobutene Market, 2023 - 2030, Kilo Tonnes
TABLE 89 Rest of North America Polyisobutene Market by Molecular Weight Type, 2019 - 2022, USD Million
TABLE 90 Rest of North America Polyisobutene Market by Molecular Weight Type, 2023 - 2030, USD Million
TABLE 91 Rest of North America Polyisobutene Market by Molecular Weight Type, 2019 - 2022, Kilo Tonnes
TABLE 92 Rest of North America Polyisobutene Market by Molecular Weight Type, 2023 - 2030, Kilo Tonnes
TABLE 93 Rest of North America Polyisobutene Market by Application, 2019 - 2022, USD Million
TABLE 94 Rest of North America Polyisobutene Market by Application, 2023 - 2030, USD Million
TABLE 95 Rest of North America Polyisobutene Market by Application, 2019 - 2022, Kilo Tonnes
TABLE 96 Rest of North America Polyisobutene Market by Application, 2023 - 2030, Kilo Tonnes
TABLE 97 key Information – Lanxess AG
TABLE 98 Key Information – BASF SE
TABLE 99 Key Information – Berkshire Hathaway, Inc.
TABLE 100 Key Information – Reliance Industries Limited
TABLE 101 Key Information – INEOS Group Holdings S.A.
TABLE 102 Key Information – Braskem S.A.
TABLE 103 Key Information – ENEOS Corporation
TABLE 104 Key Information – Exxon Mobil Corporation
TABLE 105 Key Information – Chevron Oronite Company LLC
TABLE 106 Key Information – TPC Group
List of Figures
FIG 1 Methodology for the research
FIG 2 North America Polyisobutene Market, 2019 - 2030, USD Million
FIG 3 Key Factors Impacting Polyisobutene Market
FIG 4 Porter’s Five Forces Analysis - Polyisobutene Market
FIG 5 North America Polyisobutene Market share by Molecular Weight Type, 2022
FIG 6 North America Polyisobutene Market share by Molecular Weight Type, 2030
FIG 7 North America Polyisobutene Market by Molecular Weight Type, 2019 - 2030, USD Million
FIG 8 North America Polyisobutene Market share by Application, 2022
FIG 9 North America Polyisobutene Market share by Application, 2030
FIG 10 North America Polyisobutene Market by Application, 2019 - 2030, USD Million
FIG 11 North America Polyisobutene Market share by Country, 2022
FIG 12 North America Polyisobutene Market share by Country, 2030
FIG 13 North America Polyisobutene Market by Country, 2019 - 2030, USD Million
FIG 14 SWOT Analysis: Lanxess AG
FIG 15 SWOT Analysis: BASF SE
FIG 16 SWOT Analysis: Berkshire Hathaway, Inc.
FIG 17 SWOT Analysis: Reliance Industries Limited
FIG 18 SWOT Analysis: INEOS GROUP HOLDINGS S.A.
FIG 19 SWOT Analysis: Braskem S.A.
FIG 20 SWOT Analysis: ENEOS CORPORATION
FIG 21 SWOT Analysis: Exxon Mobil Corporation
FIG 22 SWOT Analysis: Chevron Oronite Company LLC
FIG 23 SWOT Analysis: TPC Group