Brazil Polyisobutylene Market Size & Outlook, 2020-2028
Brazil polyisobutylene market, 2016-2028 (US$M)
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Brazil polyisobutylene market highlights
- The Brazil polyisobutylene market generated a revenue of USD 76.4 million in 2020 and is expected to reach USD 104.2 million by 2028.
- The Brazil market is expected to grow at a CAGR of 4% from 2021 to 2028.
- In terms of segment, high molecular weight was the largest revenue generating product in 2020.
- High Molecular Weight is the most lucrative product segment registering the fastest growth during the forecast period.
Polyisobutylene market data book summary
| Market revenue in 2020 | USD 76.4 million |
| Market revenue in 2028 | USD 104.2 million |
| Growth rate | 4% (CAGR from 2020 to 2028) |
| Largest segment | High molecular weight |
| Fastest growing segment | High Molecular Weight |
| Historical data | 2016 - 2019 |
| Base year | 2020 |
| Forecast period | 2021 - 2028 |
| Quantitative units | Revenue in USD million |
| Market segmentation | High Molecular Weight, Medium Molecular Weight, Low Molecular Weight |
| Key market players worldwide | Basf SE, Daelim, TPC Group, INEOS, Kothari Petrochemicals, Braskem SA ADR, ENEOS Holdings Inc |
Other key industry trends
- In terms of revenue, Brazil accounted for 4.1% of the global polyisobutylene market in 2020.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2028.
- In Latin America, Brazil polyisobutylene market is projected to lead the regional market in terms of revenue in 2028.
- Brazil is the fastest growing regional market in Latin America and is projected to reach USD 104.2 million by 2028.
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Polyisobutylene Market Scope
Polyisobutylene Market Companies
| Name | Profile | # Employees | HQ | Website |
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Brazil polyisobutylene market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to polyisobutylene market will help companies and investors design strategic landscapes.
High molecular weight was the largest segment with a revenue share of 65.45% in 2020. Horizon Databook has segmented the Brazil polyisobutylene market based on high molecular weight, medium molecular weight, low molecular weight covering the revenue growth of each sub-segment from 2016 to 2028.
Brazil is one of the largest markets for lubricants due to the increasing demand from industries including automotive, industrial, marine, rail, and others. This rising demand for lubricants including motor oil, diesel, gasoline, flex fuels, grease, powertrain fluids for transmission & axles, and motor fluids along with industrial lubricants.
for applications including marine, aerospace, fine machines, electronics, vacuum technologies, and others have increased the demand for PIB for manufacturing aforementioned lubricants across the country in recent years.
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Horizon Databook provides a detailed overview of country-level data and insights on the Brazil polyisobutylene market , including forecasts for subscribers. This country databook contains high-level insights into Brazil polyisobutylene market from 2016 to 2028, including revenue numbers, major trends, and company profiles.
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Brazil polyisobutylene market size, by product, 2016-2028 (US$M)
Brazil Polyisobutylene Market Outlook Share, 2020 & 2028 (US$M)
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