1. What is the projected Compound Annual Growth Rate (CAGR) of the Polybutene-1 Market?
The projected CAGR is approximately 2.8%.
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Polybutene-1 MarketPolybutene-1 Market by Grade (Extrusion Grade, Injection molding grade, Blow molding grade), by Application (Plumbing system, Packaging system, Hot melt adhesives, Others), by North America (U.S., Canada, Mexico), by Europe (UK, Germany, France, Italy, Spain, Russia, Netherlands, Switzerland, Poland, Sweden, Belgium), by Asia Pacific (China, India, Japan, South Korea, Australia, Singapore, Malaysia, Indonesia, Thailand, Philippines, New Zealand), by Latin America (Brazil, Mexico, Argentina, Chile, Colombia, Peru), by MEA (UAE, Saudi Arabia, South Africa, Egypt, Turkey, Israel, Nigeria, Kenya) Forecast 2025-2033
The Polybutene-1 Market size was valued at USD 291.2 USD Million in 2023 and is projected to reach USD 353.30 USD Million by 2032, exhibiting a CAGR of 2.8 % during the forecast period. Polybutene-1 (PB-1) is a thermoplastic material that is a member of the poly olefin group and possesses good flexibility, very high creep resistance as well high impact strength. It exists in three crystalline forms: The three polymorphic forms, that is Form I, Form II, and Form III, which transform with varying thermal characteristics. In the areas that require product stability, the permeation of gases and moisture in PB-1 is considerably low. Its major uses are in plumbing, hot water piping as well as in packaging. Further, PB-1 finds application in the formation of films, sealants adhesives because it adheres readily to other polymers. This material is cherished due to its performance characteristics and its suitability for supporting activities under these conditions.
Polybutene-1 Trends
Grade:
Application:
| Aspects | Details |
|---|---|
| Study Period | 2019-2033 |
| Base Year | 2024 |
| Estimated Year | 2025 |
| Forecast Period | 2025-2033 |
| Historical Period | 2019-2024 |
| Growth Rate | CAGR of 2.8% from 2019-2033 |
| Segmentation |
|
Note*: In applicable scenarios
Primary Research
Secondary Research
Involves using different sources of information in order to increase the validity of a study
These sources are likely to be stakeholders in a program - participants, other researchers, program staff, other community members, and so on.
Then we put all data in single framework & apply various statistical tools to find out the dynamic on the market.
During the analysis stage, feedback from the stakeholder groups would be compared to determine areas of agreement as well as areas of divergence
The projected CAGR is approximately 2.8%.
Key companies in the market include British Plastics Federation, Polybutene Piping Systems Association, LyondellBasell, Buteline NZ Ltd, M-Base Engineering + Software GmbH, UL LLC, Ultrapolymers, YLEM TECHNOLOGY Co., Mitsui Chemicals, and Simreka..
The market segments include Grade, Application.
The market size is estimated to be USD 291.2 USD Million as of 2022.
Growth in the Global Construction Industry to Offer Opportunities to the Self-Healing Materials Market.
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Higher Cost of Bioplastics as Compared to Traditional Plastics to Hinder Market Growth.
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The market size is provided in terms of value, measured in USD Million and volume, measured in K Tons .
Yes, the market keyword associated with the report is "Polybutene-1 Market," which aids in identifying and referencing the specific market segment covered.
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