Polybutene-1 Market Size, Share & Industry Analysis, By Grade (Extrusion Grade, Injection molding grade, Blow molding grade), By Application (Plumbing system, Packaging system, Hot melt adhesives, Others) And Regional Forecast, 2024-2032

Region :Global | Report ID: FBI105283 | Status : Ongoing

KEY INDUSTRY INSIGHTS

The global polybutene-1 market size is expected to gain momentum owing to the rising product demand for various industrial applications during the forecast period. Polybutene-1 is also called PB-1 and polybutylene. It is a member of the polyolefin family of thermoplastic materials including polypropylene and polyethylene. The product is a linear, semi-crystalline, and highly isotactic thermoplastic. It is obtained by the polymerization of 1-butene with stereospecific catalysts. It is available in various grades which include extrusion, injection, and blow molding. Additionally, at high temperature, the polybutene-1 offers high strength and flexibility. It also provides good mechanical, creeps resistance, and heat resistance properties. This benefits makes polybutene-1 as a preferred polyolefin and surge its demand in the plumbing system, packaging system, and hot melt adhesives applications.

The increasing demand of polybutene-1 in the packaging system will fuel the market growth. The polybutene-1 has the ability to customize sealing temperatures, it also provides high strength and superior performance properties. The product is mainly used in seal-peel or easy-open packaging of cold meats, smoked salmon, and cheeses. Moreover, the product finds its use in films, which require creep resistance for insulation compression packaging. It is also used as an overall film or layer for hot-filled heavy-duty packaging. Hence, increasing demand for the polybutene-1 in packaging system will boost the polybutene-1 market growth.

However, fluctuation in the prices of polybutene-1 impacts overall product demand. This restricts its adoption in various applications and is anticipated to hamper the market growth.

Key Market Driver -

The rising demand for the polybutene-1 in packaging system to drive the market growth.

Key Market Restraint -

Fluctuation in the prices of polybutene-1 to hamper the market growth

Polybutene-1 Market Segmentation Analysis:

Based on grade, the polybutene-1 market is segmented into extrusion grade, injection molding grade, blow molding grade, and others. Based on application, the market is segmented into plumbing system, packaging system, hot melt adhesives, and others. From a geographical standpoint, the market is categorized into North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa.

Key Players Covered:

British Plastics Federation

Polybutene Piping Systems Association

LyondellBasell

Buteline NZ Ltd.

M-Base Engineering + Software GmbH

UL LLC

Ultrapolymers

YLEM Technology Co. Ltd.

Mitsui Chemicals Inc.

Simreka

Key Insights

Key Emerging Trends – For Major Countries

Key Developments: Mergers, Acquisition, Partnership, etc.

Latest Technological Advancement

Insights on Regulatory Scenarios

Porters Five Forces Analysis

Regional Analysis:

Flourishing Plumbing Industry to Foster Growth in North America

Asia Pacific is anticipated to witness sustainable growth in the polybutene-1 market. The growth is attributed to the rising demand for the product in the plumbing system. The higher adoption of the extrusion grade in the packaging system will fuel the market growth in North America, in which the US and Canada are the leading countries. In Europe, the growth is due to, increasing utilization of polybutene-1 in the hot melt adhesives. The Middle East & Africa is anticipated to witness significant growth, owing to the adoption of the injection molding grade in the pipes.

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Segmentation

ATTRIBUTES	DETAILS
By Grade	Extrusion Grade Injection molding grade Blow molding grade
By Application	Plumbing system Packaging system Hot melt adhesives Others
By Geography	North America (U.S. and Canada) Europe (UK, Germany, France, Italy, Spain, and Rest of Europe) Asia Pacific (Japan, China, Taiwan, India, South Korea, Southeast Asia, and Rest of Asia Pacific) Latin America (Brazil, Mexico, and Rest of Latin America) Middle East & Africa (South Africa, GCC, and Rest of the Middle East & Africa)

Polybutene-1 Industry Developments

In July 2017, LyondellBasell introduced Purell "KT MR 07” a first polybutene-1 (PB-1)-based resin. The new product is made for flexible and transparent healthcare applications including intravenous (IV) infusion and medical tubing bags. With this new launch the company will replac PVC or SEBS in medical, bags, tubes, closures, and caps

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PUBLISHING STATUS: Ongoing
BASE YEAR: 2023
HISTORICAL DATA: 2019-2022

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