Middle East & Africa Polyisobutylene Market Size & Outlook

The polyisobutylene market in Middle East & Africa is expected to reach a projected revenue of US$ 54.1 million by 2028. A compound annual growth rate of 4% is expected of Middle East & Africa polyisobutylene market from 2021 to 2028.
Revenue, 2020 (US$M)
$39.5
Forecast, 2028 (US$M)
$54.1
CAGR, 2021 - 2028
4%
Report Coverage
Middle East & Africa

MEA polyisobutylene market highlights

  • The MEA polyisobutylene market generated a revenue of USD 39.5 million in 2020.
  • The 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.


MEA data book summary

Market revenue in 2020USD 39.5 million
Market revenue in 2028USD 54.1 million
Growth rate4% (CAGR from 2020 to 2028)
Largest segmentHigh molecular weight
Fastest growing segmentHigh Molecular Weight
Historical data covered2016 - 2019
Base year for estimation2020
Forecast period covered2021 - 2028
Quantitative unitsRevenue in USD million
Market segmentationHigh Molecular Weight, Medium Molecular Weight, Low Molecular Weight
Key market players worldwideBasf SE, Daelim, TPC Group, INEOS, Kothari Petrochemicals, Braskem SA ADR, ENEOS Holdings Inc


Other key industry trends

  • In terms of revenue, MEA region accounted for 2.1% of the global polyisobutylene market in 2020.
  • Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2028.
  • Asia Pacific is the fastest growing regional market and is projected to reach USD 953.8 million by 2028.

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Polyisobutylene Market Companies

Name Profile # Employees HQ Website

Middle East & Africa 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 66.58% in 2020. Horizon Databook has segmented the Middle East & Africa 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 rising need for emission reduction, shift toward a green economy, rising demand for conventional energy sources & their high prices, and the negative effect of using fossil fuels for electricity production have led the governments of countries like the United Arab Emirates (U.A.E.), Saudi Arabia, and Kuwait to introduce and implement energy-efficiency policies. 

These policies have boosted the construction of energy-efficient buildings and retrofitting of existing buildings. Polyisobutylene (PIB) has a high resistance to aging, chemical reactions, moisture, and low greasy tendency.

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Target buyers of Middle East & Africa polyisobutylene market databook

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Horizon Databook provides a detailed overview of continent-level data and insights on the Middle East & Africa polyisobutylene market , including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa polyisobutylene market from 2016 to 2028, including revenue numbers, major trends, and company profiles.

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Middle East & Africa polyisobutylene market

Middle East & Africa Polyisobutylene Market Outlook Share, 2020 & 2028 (US$M)

Middle East & Africa polyisobutylene market

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