Top 3 Emerging Trends Impacting the Global Polyisobutylene Market from 2017-2021: Technavio

Technavio has announced the release of their 'Global Polyisobutylene Market 2017-2021' report. (Graphic: Business Wire)

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LONDON--()--Technavio’s latest report on the global polyisobutylene (PIB) market provides an analysis on the most important trends expected to impact the market outlook from 2017-2021. Technavio defines an emerging trend as a factor that has the potential to significantly impact the market and contribute to its growth or decline.

The research study by Technavio on the global polyisobutylene (PIB) market for 2017-2021 provides detailed industry analysis based on the product type (highly reactive PIB and enhanced PIB), application (automotive and additives), and geography (Europe, North America, APAC, and ROW).

 
Polyisobutylene is an elastic, rubbery, semi-solid, or viscous substance. It is odorless and tasteless, and mainly used in automotive applications due to its impermeability to gases. Technavio analysts forecast the global PIB market to grow to 1,256.9 thousand metric tons by 2021, at a CAGR of close to 5% over the forecast period.

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The top three emerging trends driving the global polyisobutylene market according to Technavio chemical and materials research analysts are:

  • Use of PIB for sealing applications in photovoltaic (PV) systems
  • Increased use of enhanced PIB-based additives
  • Popularity of PIB-based pressure sensitive adhesives (PSAs)

Use of PIB for sealing applications in photovoltaic (PV) systems

Polyisobutylene is commonly used in photovoltaic systems to ensure a moisture lock between the layers for prolonged time frames. A waterproof lock ensures the hassle free working of photovoltaic modules for up to 30 years,” says Mahitha Malishetty, a lead analyst at Technavio for specialty chemicals research.

PIB and PIB-based materials are widely used in the PV industry due to their high-stress resistance, low gas permeability, high level of flexibility, and weather resistance. These materials are used for the protection of the electrical assembly in PV cells from high temperatures, humidity, and UV radiation.

Increased use of enhanced PIB-based additives

Enhanced PIB grades are increasingly being used in applications such as fuel additives and sealants, where viscosity and tackiness are the desired key qualities. The proprietary manufacturing process is used to produce a clear, consistent, and water-white product that is used in adhesives, caulks, sealants, personal care products, and packaging.

Enhanced PIB-based additives are also used in the automotive sector to protect the combustion chamber and the fuel intake system from this deposition. The increasing number of applications for these additives will propel the market growth.

Popularity of PIB-based pressure sensitive adhesives (PSAs)

Pressure sensitive adhesives is made up of a base polymer and a modifier, where the latter is usually manufactured using an enhanced polyisobutylene polymer. The modifier acts as a tackifier, a plasticizer, or both. These PSAs are finding high adoption from the pharmaceutical industry,” says Mahitha.

The pharmaceutical industry mainly uses PIB-based PSAs in transdermal delivery (TDD) systems, which are drug-loaded adhesive patches that deliver a therapeutic agent at a controlled rate to the target organs when applied to the skin.

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About Technavio

Technavio is a leading global technology research and advisory company. The company develops over 2000 pieces of research every year, covering more than 500 technologies across 80 countries. Technavio has about 300 analysts globally who specialize in customized consulting and business research assignments across the latest leading edge technologies.

Technavio analysts employ primary as well as secondary research techniques to ascertain the size and vendor landscape in a range of markets. Analysts obtain information using a combination of bottom-up and top-down approaches, besides using in-house market modeling tools and proprietary databases. They corroborate this data with the data obtained from various market participants and stakeholders across the value chain, including vendors, service providers, distributors, resellers, and end-users.

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Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 630 333 9501
UK: +44 208 123 1770
www.technavio.com

Release Summary

Technavio has announced the release of their Global Polyisobutylene Market 2017-2021 report.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 630 333 9501
UK: +44 208 123 1770
www.technavio.com