Polyisobutylene is a copolymer of isoprene and isobutylene that is utilized broadly in the fabrication of glues, farming chemicals, tire tubes, caulks, sealants, mash and paper, as well as gum. It has good flexibility, solidness, great adaptability. Furthermore, it offers high imperviousness to acids, soluble bases, and salts. Depending upon the applications, diverse molecular weight evaluations or blends of a few polyisobutylene evaluations are utilized to accomplish the assets of products. For the most part, low molecular weight polyisobutylene is utilized as plasticizer and tackifier, whereas high and medium sub-molecular weight polyisobutylene is utilized to alter properties, for example, cohesive strength, gas barrier performance, elongation, and flexibility.
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Medium molecular weight polyisobutylene is utilized as thickness modifier, tack improver in sealing compounds, adhesive formulations, and primary binder in caulking. It is additionally applied as a lubricating oil additive and can be used as fuel. It is widely utilized as a protective barrier adhesive manufacturing. For example, it is utilized where contact to sunlight can be a potential hazard for sealants. Medium molecular weight polyisobutylene is applied for roofing membranes in the construction sector and as insulating glass sealants. One of the important applications is the automotive industry as an acoustic barrier or protective films. Medium molecular weight polyisobutylene is also an important ingredient used for producing chewing gums.
Focusing on the regional based performance, Asia Pacific region is currently dominating the global medium molecular weight polyisobutylene and regions such as the Middle East and Latin America are expected to grow rapidly due to growing infrastructure and real estate projects.
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Players that are dominating the growth of the global market comprise Shandong Hongrui Petrochemicals Co. Ltd, JX Nippon Oil & Energy Corporation, BASF SE, Zhejiang Shunda, and many others. Recently, BASF has initiated its expanded plant in Ludwigshafen for producing more medium molecular weight polyisobutene ahead of schedule. The plant production capacity has been improved by 6,000 Metric Tons. The total capacity of the company has now reached to 18,000 Metric Tons from 4 plants, which include Belgium, Antwerp, Germany, and Ludwigshafen.
Rising industrialization, wide use of lubricants, additives, and sealants in production plants for automotive and other application is driving the growth of the global medium molecular weight polyisobutylene market.