Mexico Polyisobutylene Market Size & Outlook, 2020-2028
Mexico polyisobutylene market, 2016-2028 (US$M)
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Mexico polyisobutylene market highlights
- The Mexico polyisobutylene market generated a revenue of USD 35.3 million in 2020 and is expected to reach USD 46.9 million by 2028.
- The Mexico 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 35.3 million |
| Market revenue in 2028 | USD 46.9 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, Mexico accounted for 1.9% 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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Mexico 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 70.25% in 2020. Horizon Databook has segmented the Mexico 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.
Mexico is expected to benefit from the rising construction spending and growing inclination of consumers to utilize sustainable & lightweight building materials in place of conventional materials. The expanding automotive sector is anticipated to have a positive impact on polyisobutylene market in the country over the forecasts period.
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Horizon Databook provides a detailed overview of country-level data and insights on the Mexico polyisobutylene market , including forecasts for subscribers. This country databook contains high-level insights into Mexico polyisobutylene market from 2016 to 2028, including revenue numbers, major trends, and company profiles.
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Mexico polyisobutylene market size, by product, 2016-2028 (US$M)
Mexico Polyisobutylene Market Outlook Share, 2020 & 2028 (US$M)
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