Global Medium Molecular Weight Polyisobutylene Market to reach US$610.1 mn by 2023, Propelled by Adhesives and Sealants Industry : Transparency Market Research
Medium Molecular Weight Polyisobutylene Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2015 – 2023
Medium molecular weight polyisobutylene is used to adjust properties such as flexibility, elongation, cohesive strength, and gas barrier performance of a product. They have an average molecular weight, Mw, of from 40,000 to 120,000 g/mol. Medium molecular weight polyisobutylene is primarily used in the manufacture of adhesives, sealants, chewing gums, and lubricants, among others.
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The report forecasts and analyzes the medium molecular weight polyisobutylene market on regional and global levels based on volume (Kilo Tons) and revenue (US$ Mn). The study includes drivers and restraints for the medium molecular weight polyisobutylene market along with their impact on demand during the forecast period. Additionally, the study comprises opportunities available in the medium molecular weight polyisobutylene market. Detailed value chain analysis has been included to provide a comprehensive view of the medium molecular weight polyisobutylene market. Analysis of Porter’s Five Forces Model for medium molecular weight polyisobutylene has also been included to help understand the competitive landscape in the market.
The study provides a decisive view of the medium molecular weight polyisobutylene by segmenting the market based on applications such as gum base, adhesives, sealants, lubricants, and others. These applications have been analyzed based on present and future trends, and the market has been estimated from 2015 to 2023. Regional segmentation includes current and forecast demand in North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The report provides detailed competitive outlook, which includes the market share and profiles of key players operating in the medium molecular weight polyisobutylene market.
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Market estimates for this study have been based on volume, with revenue being derived through regional pricing trends. The medium molecular weight polyisobutylene market has been analyzed based on expected demand. Market data for each segment is based on demand volume and corresponding revenue. Prices considered for calculation of revenue are average regional prices obtained through primary quotes from numerous regional suppliers, distributors, and direct selling regional producers based on manufacturer feedback and application requirement. Market share of companies has been derived by considering installed production capacities.
In order to compile the research report, we conducted in-depth interviews and discussions with a wide range of key industry participants and opinion leaders. Primary research represents the bulk of research efforts, supplemented by extensive secondary research. We reviewed key players’ product literature, annual reports, press releases, and relevant documents for competitive analysis and market understanding. Secondary research includes a search of recent trade, technical writing, Internet sources, and statistical data from government websites, trade associations, and agencies. This has proven to be the most reliable, effective, and successful approach for obtaining precise market data, capturing industry participants’ insights, and recognizing business opportunities.
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Where no hard data was available, we used models and estimates to produce comprehensive data sets. A rigorous methodology was adopted, wherein the available hard data was cross-referenced with data types such as demographic data and macroeconomic indicators to produce estimates. The top-down approach has been adopted to estimate and forecast market volume by geography. The bottom-up approach has been used to estimate and forecast market volume and revenue by applications and revenue by geography.
Global Medium Molecular Weight Polyisobutylene Market - Application Analysis
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