PUBLISHER: Lucintel | PRODUCT CODE: 1417890
PUBLISHER: Lucintel | PRODUCT CODE: 1417890
Polybutene Trends and Forecast
The future of the global polybutene market looks promising with opportunities in the plumbing system, packaging system, and hot melt adhesives markets. The global polybutene market is expected to reach an estimated $2.6 billion by 2030 with a CAGR of 4.5% from 2024 to 2030. The major drivers for this market are the excellent chemical and mechanical resistance of polybutene, increase in demand from the food packaging sector to accommodate a busy lifestyle and promote the protection of ready-to-eat meals, as well as, advancements in the healthcare sector.
A more than 150-page report is developed to help in your business decisions.
Polybutene by Segment
The study includes a forecast for the global polybutene by grade, application, and region.
List of Polybutene Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies polybutene companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the polybutene companies profiled in this report include-
Polybutene Market Insights
Lucintel forecasts that extrusion grade will remain the largest segment over the forecast period because the extrusion items such as pipe/tubing, fence, window frames, and others are in high demand, as well as, growing building activity has boosted demand for polybutene extrusion grade.
APAC will remain the largest region over the forecast period due to growing industrialization in favor of polybutene end-use industries, as well as, policies in China and India to promote innovation-based economic growth.
Features of the Global Polybutene Market
Market Size Estimates: Polybutene market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Polybutene market size by grade, application, and region in terms of value ($B).
Regional Analysis: Polybutene market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different grade, application, and regions for the polybutene market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the polybutene market.
Analysis of competitive intensity of the industry based on Porter's Five Forces model.
FAQ
Q1. What is the polybutene market size?
Answer: The global polybutene market is expected to reach an estimated $2.6 billion by 2030.
Q2. What is the growth forecast for polybutene market?
Answer: The global polybutene market is expected to grow with a CAGR of 4.5% from 2024 to 2030.
Q3. What are the major drivers influencing the growth of the polybutene market?
Answer: The major drivers for this market are the excellent chemical and mechanical resistance of polybutene, increase in demand from the food packaging sector to accommodate a busy lifestyle and promote the protection of ready-to-eat meals, as well as, advancements in the healthcare sector.
Q4. What are the major segments for polybutene market?
Answer: The future of the global polybutene market looks promising with opportunities in the plumbing system, packaging system, and hot melt adhesives markets.
Q5. Who are the key polybutene market companies?
Answer: Some of the key polybutene companies are as follows.
Q6. Which polybutene market segment will be the largest in future?
Answer: Lucintel forecasts that extrusion grade will remain the largest segment over the forecast period because the extrusion items such as pipe/tubing, fence, window frames, and others are in high demand, as well as, growing building activity has boosted demand for polybutene extrusion grade.
Q7. In polybutene market, which region is expected to be the largest in next 5 years?
Answer: APAC will remain the largest region over the forecast period due to growing industrialization in favor of polybutene end-use industries, as well as, policies in China and India to promote innovation-based economic growth.
Q.8 Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.