Italy Polyisobutylene Market Size & Outlook, 2020-2028
Italy polyisobutylene market, 2016-2028 (US$M)
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Italy polyisobutylene market highlights
- The Italy polyisobutylene market generated a revenue of USD 158.8 million in 2020 and is expected to reach USD 210.2 million by 2028.
- The Italy market is expected to grow at a CAGR of 3.6% 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 158.8 million |
| Market revenue in 2028 | USD 210.2 million |
| Growth rate | 3.6% (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, Italy accounted for 8.5% 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 Europe, France polyisobutylene market is projected to lead the regional market in terms of revenue in 2028.
- Italy is the fastest growing regional market in Europe and is projected to reach USD 210.2 million by 2028.
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Polyisobutylene Market Scope
Polyisobutylene Market Companies
| Name | Profile | # Employees | HQ | Website |
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Italy 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 67.57% in 2020. Horizon Databook has segmented the Italy 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.
The Italian automotive industry has increased vehicular production in the past few years, mainly focusing on exports to the rest of the world. The production of components for vehicles has experienced a tremendous benefit from the country's increased output volumes.
For the component segment, higher volumes boosted orders, which increased by approximately 21% in 2019, with around 18% growth in domestic orders in the same year.
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Horizon Databook provides a detailed overview of country-level data and insights on the Italy polyisobutylene market , including forecasts for subscribers. This country databook contains high-level insights into Italy polyisobutylene market from 2016 to 2028, including revenue numbers, major trends, and company profiles.
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Italy polyisobutylene market size, by product, 2016-2028 (US$M)
Italy Polyisobutylene Market Outlook Share, 2020 & 2028 (US$M)
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