Canada Polyisobutylene Market Size & Outlook, 2020-2028
Canada polyisobutylene market, 2016-2028 (US$M)
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Canada polyisobutylene market highlights
- The Canada polyisobutylene market generated a revenue of USD 15.8 million in 2020 and is expected to reach USD 21.9 million by 2028.
- The Canada market is expected to grow at a CAGR of 4.1% 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 15.8 million |
| Market revenue in 2028 | USD 21.9 million |
| Growth rate | 4.1% (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, Canada accounted for 0.8% 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 North America, U.S. polyisobutylene market is projected to lead the regional market in terms of revenue in 2028.
- Canada is the fastest growing regional market in North America and is projected to reach USD 21.9 million by 2028.
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Polyisobutylene Market Scope
Polyisobutylene Market Companies
| Name | Profile | # Employees | HQ | Website |
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Canada 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 67.72% in 2020. Horizon Databook has segmented the Canada 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.
Building & construction industry in Canada is offering lucrative growth opportunities. Investments by the government of Canada in infrastructure development are anticipated to boost the growth of construction industry.
Thereby augmenting the demand for polyisobutylene for the manufacturing of PIBbased applications in construction industry over the forecasts period. Moreover, under the Green Infrastructure programs, the government has announced its plan to invest around USD 481 million.
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Horizon Databook provides a detailed overview of country-level data and insights on the Canada polyisobutylene market , including forecasts for subscribers. This country databook contains high-level insights into Canada polyisobutylene market from 2016 to 2028, including revenue numbers, major trends, and company profiles.
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Canada polyisobutylene market size, by product, 2016-2028 (US$M)
Canada Polyisobutylene Market Outlook Share, 2020 & 2028 (US$M)
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