North American Polyisobutylene Market to Reach 410 Thousand Tons by 2015, According to New Report by Global Industry Analysts, Inc.

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GIA announces the release of a North American market report on Polyisobutylene. Polyisobutylene market in North America is projected to reach 410 thousand tons by 2015. The market is expected to be driven by its extensive usage in several applications, including lubricants, fuel additives, adhesives, sealants, and others. Growing demand for highly reactive polyisobutylene (HR-PIB) owing to its superior performance and processing features is also influencing market growth.

Polyisobutylene: A North American Market Report

Polyisobutylene (PIB) is an elastomer or synthetic rubber. The distinction of PIB is that it is the only rubber that is gas impermeable, and can hold air for a long period of time. Polyisobutylene represents one of the key raw materials used in the manufacture of lubricants and fuel additives, and also in numerous industrial applications worldwide, including adhesives, sealants, and cable compounds. PIB is commercially available in three major grades - Low molecular weight, Medium molecular weight, and High molecular weight PIB.

North America constitutes the largest market for Polyisobutylene worldwide, as stated in the new market research report on Polyisobutylene. Polyisobutylene with molecular weights of 950 and 1300 are regarded as standard grades, and constitute for a major share of the total market in North America. Additives, comprising mainly of lubricants and fuel additives, represent the largest and fastest growing end-use segment of polyisobutylene in the region. Segment-wise, Highly Reactive PIB (HR-PIB) constitutes the fastest growing segment in comparison to the conventional PIB.

Key players profiled in the report include TPC Group Inc., Ineos, Lubrizol, Chevron Oronite, and others.

The report titled “Polyisobutylene: A North American Market Report” announced by Global Industry Analysts Inc., provides a review of the market dynamics, competitive scenario, trade statistics, product details, product introductions, recent industry activity and coverage on major and niche market participants. The study analyzes market data and analytics in terms of annual volume sales (Tons) for the North American market.

For more details about this market research report, please visit – http://www.strategyr.com/Polyisobutylene_PIB_Market_Report.asp

About Global Industry Analysts, Inc.
Global Industry Analysts, Inc., (GIA) is a reputed publisher of off-the-shelf market research. Founded in 1987, the company is globally recognized as one of the world’s largest market research publishers. The company employs over 800 people worldwide and publishes more than 1100 full-scale research reports each year. Additionally, the company also offers thousands of smaller research products including company reports, market trend reports, and industry reports encompassing all major industries worldwide.

Global Industry Analysts, Inc.
Telephone 408-528-9966
Fax 408-528-9977
Web Site http://www.StrategyR.com/

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