Poly(1-Butene) Market Size, Trends and Insights By Product Grade (Extrusion grade, Injection molding grade, Blow molding grade) By Application (Plumbing system, Packaging system, Others) , and By Region - Global Industry Overview, Statistical Data, Competitive Analysis, Share, Outlook, and Forecast 2022–2030


Report Code: CMI17981

Published Date: August 2022

Pages: 220+

Category: Chemicals And Materials

Reports Description

According to Research Study published by Custom Market Insights (CMI), The global poly(1-butene) market size was estimated at USD 411.7 million in 2021 and is expected to hit around USD 850 million by 2030, poised to grow at a compound annual growth rate (CAGR) of 7.5% from 2022 to 2030.

PB-1 and polybutylene are other names for polybutene-1. It belongs to the family of thermoplastic polymers known as polyolefins, which also include polypropylene and polyethylene. The material is highly isotactic, linear, semi-crystalline thermoplastic. It is made by polymerizing 1-butene with catalysts that are stereospecific. There are several grades of it available, including extrusion, injection, and blow molding.

Poly(1-Butene) Market Size

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Polybutene-1 also exhibits exceptional strength and flexibility at high temperatures. Additionally, it has good mechanical, thermal, and creep resistance qualities. These advantages make polybutene-1 a favoured polyolefin and increase demand for it in applications such as hot melt adhesives, packaging systems, and plumbing systems. The substance is utilized in many different client applications, including piping systems, hot melt adhesives, easy-open packaging, and film medicine. Because of its exceptional flexibility and creep resistance across a wide temperature range, it is mostly employed in pipe systems.

Major applications for polybutene-1 include packaging that is simple to peel or seal and open. Easy-opening packaging is frequently used for pre-packaged foods including cheese, cereals, and carton liners. Customers have different expectations for food packaging and other simple-to-open products. Easy-open packaging is in high demand due to customers’ busy lifestyles and their preference for ready-to-eat meals. During the projection period, rising packaging demand would propel the use of polybutene-1 in items with easy-peel packaging.

Growth factors.

Polybutene-1 is a colourless, flammable gas and an organic compound from the alpha-olefin family. It is widely utilized as a co-monomer in the production of high-density polyethylene (HDPE), linear low-density polyethylene, toys, containers, pipes, and other non-food packaging materials made from polyethylene/polypropylene resins because of its flexibility and strong grip strength. Additionally, valeraldehyde, polybutene, butadiene, butylene oxide, maleic anhydride, secondary butyl alcohol (SBA), and methyl ethyl ketone are made from polybutene-1 (MEK). Furthermore, 1-Butene is utilized as an intermediary in the production of plasticizers, antioxidants, corrosion inhibitors, herbicides, and additives for hydraulic and lubricating lubricants.

One of the key application areas where demand for polybutene-1 is increasing quickly is food packaging. Food that is packaged promotes a busy lifestyle and provides protection for meals that are ready to consume. Once the required quantity of food has been consumed, it also permits resealing of any packaged food item.

Additionally, polybutene-1 packaging has the advantage of being simple to open with little effort and without the need for any cutting tools, which has caused the packaging industry to favour its use. The packaging of fresh pasta, sliced cheese, meat, pizza, ready-to-eat meals, yoghurt cups, sandwich packs, etc. has also been successful according to consumers who use polybutene-1. Moreover, vacuum food packaging has seen a significant increase in polybutene-1 demand. Utilizing polybutene-1 goods has allowed customers to create a variety of film structures that are frequently used for the secure packaging of cheese, coffee, vacuum-packed rice, pork, peanuts, and coffee. Hence, growing demand from the food packaging segment drives the polybutene-1 market across the globe.

The polybutene-1 material has a high degree of strength and flexibility at high temperatures. Additionally, it has good mechanical, thermal, and creep resistance qualities. These advantages make polybutene-1 a favoured polyolefin and increase demand for it in applications such as hot melt adhesives, packaging systems, and plumbing systems. Moreover, polybutene-1 pipeline systems have won the universal recognition of engineers, architects, builders, and homeowners owning to their flawless survival in the pursuit of industrial and residential applications. The PB-1 pipe system offers excellent energy efficiency, flexible plumbing, network management, and efficient and dependable operations. The demand for piping solutions for polybutene-1 is expected to rise in the projected period.

Poly(1-Butene) Market Segmentation.

Poly(1-Butene) Market, a segment on the basis of Product Grade

Due to the increasing prevalence of polybutene-1 pipe products throughout significant application domains in several areas, the extrusion grade category of product grades is predicted to expand at the highest CAGR and to have a leading position going forward. Because it is 100% recyclable, extrusion grade polybutene-1 is frequently used for a broad range of applications, such as the creation of consumer electronics and food packaging.

The material’s characteristics include excellent flexibility, less memory effect, and thinner pipe walls. Additionally, PB-1 pipes provide the possibility of installation in small, limited spaces and the potential for cost savings due to speedier installation. As a consequence of increased pipe demand from emerging nations, particularly in the Asia Pacific region, it is projected that extrusion-grade grade polybutene-1 demand would rise in the coming years.

Injection molding grade and blow molding grade are is often used for making solid components. By heating and adding air, a plastic tube is transformed into a parison, or hot-plastic balloon, in the process of blow molding. As the air continues to fill the cavity into the shape of your item, a mold is then clamped around this to confine the plastic. The weight of the plastic shot used in the mold determines the size of the machine and related expenditures to make a blow-molded object. Since each mold half in a blow mold creates a different wall shape, there is more design flexibility between mold halves.

Poly(1-Butene) Market (By Application)

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Poly(1-Butene) Market, a segment on the basis of Application

The plumbing application is the market leader and is anticipated to contribute most significantly to the polybutene-1 market. Products are being used more and more in the pipe and industrial sectors as a result of an expansion in development and building activities in the Asia Pacific and the Middle East. Polybutene-1 pipe systems’ competitive advantage over other polyolefin polymers and traditional materials is what is driving the plumbing industry’s demand for the material.

The market for polybutene-1 is dominated by this category. Additionally, the need for pipes has been expanding as a result of the world’s growing urbanization. Rapid urbanization has created a wealth of prospects for the polybutene-1 business in the Asia Pacific and Latin America. In addition, the need for alternative materials with superior qualities has grown as a result of the replacement of conventional building and construction materials.

The packaging segment is expected to hold a significant share in the polybutene-1 market in the projected period. One of the key application areas where demand for polybutene-1 is increasing quickly is food packaging. Polybutene-1 packaging has the advantage of being simple to open with little effort and without the need for any cutting tools, which has caused the packaging industry to favour its use.

As well as providing consistent, dependable processing and sealing performance on current equipment and built-in tamper-evidence, polubutene-1 gives the opportunity to customize sealing temperatures and seal strength. In order to improve flexibility and softness without reducing clarity, polybutene-1 can also be employed in film modification.

Report Scope

Feature of the Report Details
Market Size in 2021 411.7 million
Projected Market Size in 2030 USD 850 million
CAGR Growth Rate 7.5% CAGR
Base Year 2021
Forecast Period 2022-2030
Prominent Players Lyndollbessel, Mitsui Chemicals, Ylem Technology, Shandong Hongye Chemical, Tengzhou Rida Chemical Co., Ltd., Hongye Chemical Industry Group Co. Ltd. and Others
Key Segment By Product Grade (Extrusion grade, Injection molding grade, Blow molding grade), Application (Plumbing system, Packaging system, Others) and Region
Report Coverage Revenue Estimation and Forecast, Company Profile, Competitive Landscape, Growth Factors and Recent Trends
Regional Scope North America, Europe, Asia Pacific, Middle East & Africa, and South & Central America
Buying Options Request tailored purchasing options to fulfil your requirements for research. Examine possible purchases

Regional Insights

During the projected period, Europe is expected to maintain its leading position in the polybutene-1 market. The largest polybutene-1 manufacturing facility in the region has an annual output capacity of more than 65 kilo tons. Europe is home to a substantial share of the world’s manufacturing industry.

The strategic alliance between suppliers of raw materials and manufacturers of finished goods, supply chain integration, and the broad usage of PB-1 products in a variety of applications are all elements that support the market’s strong position in Europe. People in Europe are used to drinking clean, fresh water, and polybutene-1 pipe systems deliver exactly that. In Europe, where there is a major vehicle industry, the usage of PB-1 in hot melt adhesives also increases demand. Moreover, the demand for polybutene-1 pipe and plumbing products will rise in Europe as a result of the phase-out of traditional materials.

During the forecast period, a significant rate of growth is expected for the Asia-Pacific area. Due to the fast expansion of the food packaging sector, India plays a significant role in the growth of the polybutene-1 market. In the Asia-Pacific area, it is renowned for having the highest polybutene-1 consumption rates in the food packaging sector.

Demand for polybutene-1 is also influenced by the region’s use of film modification. In comparison to other polymers used for film modification, consumers of Polybutene-1 say that polybutene-1 film has the greatest quality, durability, and efficiency. This region is anticipated to grow by 2032.

Poly(1-Butene) Market (trends by region)

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The market expansion in North America, where the U.S. and Canada are the major countries, will be fueled by the greater usage of the extrusion grade in the packaging system. This region is expected to witness substantial growth in the future. This region has witnessed high growth in plumbing solutions owning to growth in commercial and industrial construction and maintenance which rise the demand for polybutene-1 in the market.

Key market players in the Poly(1-Butene) Market

  • Lyndollbessel
  • Mitsui Chemicals
  • Ylem Technology
  • Shandong Hongye Chemical
  • Tengzhou Rida Chemical Co., Ltd.
  • Hongye Chemical Industry Group Co. Ltd.

Key Developments

  • One of the biggest manufacturers of plastics, chemicals, and refineries, LyondellBasell, has unveiled Purell KT MR 07, the first resin based on polybutene-1 (PB 1) that is aimed at the market for flexible and transparent medical applications including IV bags and medical tubing.

Segments covered in the report

By Product Grade

  • Extrusion grade
  • Injection molding grade
  • Blow molding grade

By Application

  • Plumbing system
  • Packaging system
  • Others

On the basis of Geography

North America

  • The U.S.
  • Canada
  • Mexico

Europe

  • France
  • The UK
  • Spain
  • Germany
  • Italy
  • Rest of Europe

Asia Pacific

  • China
  • Japan
  • India
  • Australia
  • South Korea
  • Rest of Asia Pacific

The Middle East & Africa

  • Saudi Arabia
  • UAE
  • Egypt
  • Kuwait
  • South Africa
  • Rest of the Middle East & Africa

Latin America

  • Brazil
  • Argentina
  • Rest of Latin America

Table of Contents

  • Chapter 1. Preface
    • 1.1 Report Description and Scope
    • 1.2 Research scope
    • 1.3 Research methodology
      • 1.3.1 Market Research Type
      • 1.3.2 Market research methodology
  • Chapter 2. Executive Summary
    • 2.1 Global Poly(1-Butene) Market, (2022 – 2030) (USD Million)
    • 2.2 Global Poly(1-Butene) Market: snapshot
  • Chapter 3. Global Poly(1-Butene) Market – Industry Analysis
    • 3.1 Poly(1-Butene) Market: Market Dynamics
    • 3.2 Market Drivers
      • 3.2.1 High Growth in the Plumbing Solutions
      • 3.2.2 PB-1 in hot Melt Adhesives
    • 3.3 Market Restraints
    • 3.4 Market Opportunities
    • 3.5 Market Challenges
    • 3.6 Porter’s Five Forces Analysis
    • 3.7 Market Attractiveness Analysis
      • 3.7.1 Market attractiveness analysis By Product Grade
      • 3.7.2 Market attractiveness analysis By Application
  • Chapter 4. Global Poly(1-Butene) Market- Competitive Landscape
    • 4.1 Company market share analysis
      • 4.1.1 Global Poly(1-Butene) Market: company market share, 2021
    • 4.2 Strategic development
      • 4.2.1 Acquisitions & mergers
      • 4.2.2 New Product launches
      • 4.2.3 Agreements, partnerships, collaborations, and joint ventures
      • 4.2.4 Research and development and Regional expansion
    • 4.3 Price trend analysis
  • Chapter 5. Global Poly(1-Butene) Market – Product Grade Analysis
    • 5.1 Global Poly(1-Butene) Market overview: By Product Grade
      • 5.1.1 Global Poly(1-Butene) Market share, By Product Grade, 2021 and 2030
    • 5.2 Extrusion grade
      • 5.2.1 Global Poly(1-Butene) Market by Extrusion grade, 2022 – 2030 (USD Million)
    • 5.3 Injection molding grade
      • 5.3.1 Global Poly(1-Butene) Market by Injection molding grade, 2022 – 2030 (USD Million)
    • 5.4 Blow molding grade
      • 5.4.1 Global Poly(1-Butene) Market by Blow molding grade, 2022 – 2030 (USD Million)
  • Chapter 6. Global Poly(1-Butene) Market – Application Analysis
    • 6.1 Global Poly(1-Butene) Market overview: By Application
      • 6.1.1 Global Poly(1-Butene) Market share, By Application, 2021 and 2030
    • 6.2 Plumbing System
      • 6.2.1 Global Poly(1-Butene) Market by Plumbing System, 2022 – 2030 (USD Million)
    • 6.3 Packaging System
      • 6.3.1 Global Poly(1-Butene) Market by Packaging System, 2022 – 2030 (USD Million)
    • 6.4 Others
      • 6.4.1 Global Poly(1-Butene) Market by Others, 2022 – 2030 (USD Million)
  • Chapter 7. Poly(1-Butene) Market – Regional Analysis
    • 7.1 Global Poly(1-Butene) Market Regional Overview
    • 7.2 Global Poly(1-Butene) Market Share, by Region, 2021 & 2030 (USD Million)
    • 7.3. North America
      • 7.3.1 North America Poly(1-Butene) Market, 2022 – 2030 (USD Million)
        • 7.3.1.1 North America Poly(1-Butene) Market, by Country, 2022 – 2030 (USD Million)
    • 7.4 North America Poly(1-Butene) Market, by Product Grade, 2022 – 2030
      • 7.4.1 North America Poly(1-Butene) Market, by Product Grade, 2022 – 2030 (USD Million)
    • 7.5 North America Poly(1-Butene) Market, by Application, 2022 – 2030
      • 7.5.1 North America Poly(1-Butene) Market, by Application, 2022 – 2030 (USD Million)
    • 7.6. Europe
      • 7.6.1 Europe Poly(1-Butene) Market, 2022 – 2030 (USD Million)
        • 7.6.1.1 Europe Poly(1-Butene) Market, by Country, 2022 – 2030 (USD Million)
    • 7.7 Europe Poly(1-Butene) Market, by Product Grade, 2022 – 2030
      • 7.7.1 Europe Poly(1-Butene) Market, by Product Grade, 2022 – 2030 (USD Million)
    • 7.8 Europe Poly(1-Butene) Market, by Application, 2022 – 2030
      • 7.8.1 Europe Poly(1-Butene) Market, by Application, 2022 – 2030 (USD Million)
    • 7.9. Asia Pacific
      • 7.9.1 Asia Pacific Poly(1-Butene) Market, 2022 – 2030 (USD Million)
        • 7.9.1.1 Asia Pacific Poly(1-Butene) Market, by Country, 2022 – 2030 (USD Million)
    • 7.10 Asia Pacific Poly(1-Butene) Market, by Product Grade, 2022 – 2030
      • 7.10.1 Asia Pacific Poly(1-Butene) Market, by Product Grade, 2022 – 2030 (USD Million)
    • 7.11 Asia Pacific Poly(1-Butene) Market, by Application, 2022 – 2030
      • 7.11.1 Asia Pacific Poly(1-Butene) Market, by Application, 2022 – 2030 (USD Million)
    • 7.12. Latin America
      • 7.12.1 Latin America Poly(1-Butene) Market, 2022 – 2030 (USD Million)
        • 7.12.1.1 Latin America Poly(1-Butene) Market, by Country, 2022 – 2030 (USD Million)
    • 7.13 Latin America Poly(1-Butene) Market, by Product Grade, 2022 – 2030
      • 7.13.1 Latin America Poly(1-Butene) Market, by Product Grade, 2022 – 2030 (USD Million)
    • 7.14 Latin America Poly(1-Butene) Market, by Application, 2022 – 2030
      • 7.14.1 Latin America Poly(1-Butene) Market, by Application, 2022 – 2030 (USD Million)
    • 7.15. The Middle-East and Africa
      • 7.15.1 The Middle-East and Africa Poly(1-Butene) Market, 2022 – 2030 (USD Million)
        • 7.15.1.1 The Middle-East and Africa Poly(1-Butene) Market, by Country, 2022 – 2030 (USD Million)
    • 7.16 The Middle-East and Africa Poly(1-Butene) Market, by Product Grade, 2022 – 2030
      • 7.16.1 The Middle-East and Africa Poly(1-Butene) Market, by Product Grade, 2022 – 2030 (USD Million)
    • 7.17 The Middle-East and Africa Poly(1-Butene) Market, by Application, 2022 – 2030
      • 7.17.1 The Middle-East and Africa Poly(1-Butene) Market, by Application, 2022 – 2030 (USD Million)
  • Chapter 8. Company Profiles
    • 8.1 Lyndollbessel
      • 8.1.1 Overview
      • 8.1.2 Financials
      • 8.1.3 Product Portfolio
      • 8.1.4 Business Strategy
      • 8.1.5 Recent Developments
    • 8.2 Mitsui Chemicals
      • 8.2.1 Overview
      • 8.2.2 Financials
      • 8.2.3 Product Portfolio
      • 8.2.4 Business Strategy
      • 8.2.5 Recent Developments
    • 8.3 Ylem Technology
      • 8.3.1 Overview
      • 8.3.2 Financials
      • 8.3.3 Product Portfolio
      • 8.3.4 Business Strategy
      • 8.3.5 Recent Developments
    • 8.4 Shandong Hongye Chemical
      • 8.4.1 Overview
      • 8.4.2 Financials
      • 8.4.3 Product Portfolio
      • 8.4.4 Business Strategy
      • 8.4.5 Recent Developments
    • 8.5 Tengzhou Rida Chemical Co. Ltd.
      • 8.5.1 Overview
      • 8.5.2 Financials
      • 8.5.3 Product Portfolio
      • 8.5.4 Business Strategy
      • 8.5.5 Recent Developments
    • 8.6 Hongye Chemical Industry Group Co. Ltd
      • 8.6.1 Overview
      • 8.6.2 Financials
      • 8.6.3 Product Portfolio
      • 8.6.4 Business Strategy
      • 8.6.5 Recent Developments

List Of Figures

  • 1. Market research Type
  • 2. Market research methodology
  • 3. Global Poly(1-Butene) Market, 2022 – 2030 (USD Million)
  • 4. Porter’s Five Forces Analysis
  • 5. Global Poly(1-Butene) Market attractiveness, By Product Grade
  • 6. Global Poly(1-Butene) Market attractiveness, By Application
  • 7. Global Poly(1-Butene) Market share by Product Grade, 2022 and 2030 (USD Million)
  • 8. Global Poly(1-Butene) Market by Extrusion grade, 2022 – 2030 (USD Million)
  • 9. Global Poly(1-Butene) Market by Injection molding grade, 2022 – 2030 (USD Million)
  • 10. Global Poly(1-Butene) Market by Blow molding grade, 2022 – 2030 (USD Million)
  • 11. Global Poly(1-Butene) Market share by Application, 2022 and 2030 (USD Million)
  • 12. Global Poly(1-Butene) Market by Plumbing System, 2022 – 2030 (USD Million)
  • 13. Global Poly(1-Butene) Market by Packaging System, 2022 – 2030 (USD Million)
  • 14. Global Poly(1-Butene) Market by Others, 2022 – 2030 (USD Million)
  • 15. Global Poly(1-Butene) Market share, by Region, 2022 and 2030
  • 16. North America Poly(1-Butene) Market, 2022 – 2030 (USD Million)
  • 17. Europe Poly(1-Butene) Market, 2022 – 2030 (USD Million)
  • 18. Asia Pacific Poly(1-Butene) Market, 2022 – 2030 (USD Million)
  • 19. Latin America Poly(1-Butene) Market, 2022 – 2030 (USD Million)
  • 20. The Middle-East and Africa Poly(1-Butene) Market, 2022 – 2030 (USD Million)

List Of Tables

  • 1. Global Poly(1-Butene) Market: Snapshot
  • 2. Drivers of the Poly(1-Butene) Market: impact analysis
  • 3. North America Poly(1-Butene) Market Revenue, By Product Grade, 2022 – 2030 (USD Million)
  • 4. North America Poly(1-Butene) Market Revenue, By Application, 2022 – 2030 (USD Million)
  • 5. U.S. Poly(1-Butene) Market Revenue, By Product Grade, 2022 – 2030 (USD Million)
  • 6. U.S. Poly(1-Butene) Market Revenue, By Application, 2022 – 2030 (USD Million)
  • 7. Canada Poly(1-Butene) Market Revenue, By Product Grade, 2022 – 2030 (USD Million)
  • 8. Canada Poly(1-Butene) Market Revenue, By Application, 2022 – 2030 (USD Million)
  • 9. Europe Poly(1-Butene) Market Revenue, By Product Grade, 2022 – 2030 (USD Million)
  • 10. Europe Poly(1-Butene) Market Revenue, By Application, 2022 – 2030 (USD Million)
  • 11. Germany Poly(1-Butene) Market Revenue, By Product Grade, 2022 – 2030 (USD Million)
  • 12. Germany Poly(1-Butene) Market Revenue, By Application, 2022 – 2030 (USD Million)
  • 13. France Poly(1-Butene) Market Revenue, By Product Grade, 2022 – 2030 (USD Million)
  • 14. France Poly(1-Butene) Market Revenue, By Application, 2022 – 2030 (USD Million)
  • 15. U.K. Poly(1-Butene) Market Revenue, By Product Grade, 2022 – 2030 (USD Million)
  • 16. U.K. Poly(1-Butene) Market Revenue, By Application, 2022 – 2030 (USD Million)
  • 17. Italy Poly(1-Butene) Market Revenue, By Product Grade, 2022 – 2030 (USD Million)
  • 18. Italy Poly(1-Butene) Market Revenue, By Application, 2022 – 2030 (USD Million)
  • 19. Spain Poly(1-Butene) Market Revenue, By Product Grade, 2022 – 2030 (USD Million)
  • 20. Spain Poly(1-Butene) Market Revenue, By Application, 2022 – 2030 (USD Million)
  • 21. Rest of Europe Poly(1-Butene) Market Revenue, By Product Grade, 2022 – 2030 (USD Million)
  • 22. Rest of Europe Poly(1-Butene) Market Revenue, By Application, 2022 – 2030 (USD Million)
  • 23. Asia Pacific Poly(1-Butene) Market Revenue, By Product Grade, 2022 – 2030 (USD Million)
  • 24. Asia Pacific Poly(1-Butene) Market Revenue, By Application, 2022 – 2030 (USD Million)
  • 25. China Poly(1-Butene) Market Revenue, By Product Grade, 2022 – 2030 (USD Million)
  • 26. China Poly(1-Butene) Market Revenue, By Application, 2022 – 2030 (USD Million)
  • 27. Japan Poly(1-Butene) Market Revenue, By Product Grade, 2022 – 2030 (USD Million)
  • 28. Japan Poly(1-Butene) Market Revenue, By Application, 2022 – 2030 (USD Million)
  • 29. India Poly(1-Butene) Market Revenue, By Product Grade, 2022 – 2030 (USD Million)
  • 30. India Poly(1-Butene) Market Revenue, By Application, 2022 – 2030 (USD Million)
  • 31. South Korea Poly(1-Butene) Market Revenue, By Product Grade, 2022 – 2030 (USD Million)
  • 32. South Korea Poly(1-Butene) Market Revenue, By Application, 2022 – 2030 (USD Million)
  • 33. South-East Asia Poly(1-Butene) Market Revenue, By Product Grade, 2022 – 2030 (USD Million)
  • 34. South-East Asia Poly(1-Butene) Market Revenue, By Application, 2022 – 2030 (USD Million)
  • 35. Rest of Asia Pacific Poly(1-Butene) Market Revenue, By Product Grade, 2022 – 2030 (USD Million)
  • 36. Rest of Asia Pacific Poly(1-Butene) Market Revenue, By Application, 2022 – 2030 (USD Million)
  • 37. Latin America Poly(1-Butene) Market Revenue, By Product Grade, 2022 – 2030 (USD Million)
  • 38. Latin America Poly(1-Butene) Market Revenue, By Application, 2022 – 2030 (USD Million)
  • 39. Brazil Poly(1-Butene) Market Revenue, By Product Grade, 2022 – 2030 (USD Million)
  • 40. Brazil Poly(1-Butene) Market Revenue, By Application, 2022 – 2030 (USD Million)
  • 41. Mexico Poly(1-Butene) Market Revenue, By Product Grade, 2022 – 2030 (USD Million)
  • 42. Mexico Poly(1-Butene) Market Revenue, By Application, 2022 – 2030 (USD Million)
  • 43. Rest of Latin America Poly(1-Butene) Market Revenue, By Product Grade, 2022 – 2030 (USD Million)
  • 44. Rest of Latin America Poly(1-Butene) Market Revenue, By Application, 2022 – 2030 (USD Million)
  • 45. The Middle-East and Africa Poly(1-Butene) Market Revenue, By Product Grade, 2022 – 2030 (USD Million)
  • 46. The Middle-East and Africa Poly(1-Butene) Market Revenue, By Application, 2022 – 2030 (USD Million)
  • 47. GCC Countries Poly(1-Butene) Market Revenue, By Product Grade, 2022 – 2030 (USD Million)
  • 48. GCC Countries Poly(1-Butene) Market Revenue, By Application, 2022 – 2030 (USD Million)
  • 49. South Africa Poly(1-Butene) Market Revenue, By Product Grade, 2022 – 2030 (USD Million)
  • 50. South Africa Poly(1-Butene) Market Revenue, By Application, 2022 – 2030 (USD Million)
  • 51. Rest of Middle-East Africa Poly(1-Butene) Market Revenue, By Product Grade, 2022 – 2030 (USD Million)
  • 52. Rest of Middle-East Africa Poly(1-Butene) Market Revenue, By Application, 2022 – 2030 (USD Million)

Report Methodology

In order to get the most precise estimates and forecasts possible, Custom Market Insights applies a detailed and adaptive research methodology centered on reducing deviations. For segregating and assessing quantitative aspects of the market, the company uses a combination of top-down and bottom-up approaches. Furthermore, data triangulation, which examines the market from three different aspects, is a recurring theme in all of our research reports. The following are critical components of the methodology used in all of our studies:

Preliminary Data Mining

On a broad scale, raw market information is retrieved and compiled. Data is constantly screened to make sure that only substantiated and verified sources are taken into account. Furthermore, data is mined from a plethora of reports in our archive and also a number of reputed & reliable paid databases. To gain a detailed understanding of the business, it is necessary to know the entire product life cycle and to facilitate this, we gather data from different suppliers, distributors, and buyers.

Surveys, technological conferences, and trade magazines are used to identify technical issues and trends. Technical data is also gathered from the standpoint of intellectual property, with a focus on freedom of movement and white space. The dynamics of the industry in terms of drivers, restraints, and valuation trends are also gathered. As a result, the content created contains a diverse range of original data, which is then cross-validated and verified with published sources.

Statistical Model

Simulation models are used to generate our business estimates and forecasts. For each study, a one-of-a-kind model is created. Data gathered for market dynamics, the digital landscape, development services, and valuation patterns are fed into the prototype and analyzed concurrently. These factors are compared, and their effect over the projected timeline is quantified using correlation, regression, and statistical modeling. Market forecasting is accomplished through the use of a combination of economic techniques, technical analysis, industry experience, and domain knowledge.

Short-term forecasting is typically done with econometric models, while long-term forecasting is done with technological market models. These are based on a synthesis of the technological environment, legal frameworks, economic outlook, and business regulations. Bottom-up market evaluation is favored, with crucial regional markets reviewed as distinct entities and data integration to acquire worldwide estimates. This is essential for gaining a thorough knowledge of the industry and ensuring that errors are kept to a minimum.

Some of the variables taken into account for forecasting are as follows:

• Industry drivers and constraints, as well as their current and projected impact

• The raw material case, as well as supply-versus-price trends

• Current volume and projected volume growth through 2030

We allocate weights to these variables and use weighted average analysis to determine the estimated market growth rate.

Primary Validation

This is the final step in our report’s estimating and forecasting process. Extensive primary interviews are carried out, both in-person and over the phone, to validate our findings and the assumptions that led to them.
Leading companies from across the supply chain, including suppliers, technology companies, subject matter experts, and buyers, use techniques like interviewing to ensure a comprehensive and non-biased overview of the business. These interviews are conducted all over the world, with the help of local staff and translators, to overcome language barriers.

Primary interviews not only aid with data validation, but also offer additional important insight into the industry, existing business scenario, and future projections, thereby improving the quality of our reports.

All of our estimates and forecasts are validated through extensive research work with key industry participants (KIPs), which typically include:

• Market leaders

• Suppliers of raw materials

• Suppliers of raw materials

• Buyers.

The following are the primary research objectives:

• To ensure the accuracy and acceptability of our data.

• Gaining an understanding of the current market and future projections.

Data Collection Matrix

Perspective Primary research Secondary research
Supply-side
  • Manufacturers
  • Technology distributors and wholesalers
  • Company reports and publications
  • Government publications
  • Independent investigations
  • Economic and demographic data
Demand-side
  • End-user surveys
  • Consumer surveys
  • Mystery shopping
  • Case studies
  • Reference customers


Market Analysis Matrix

Qualitative analysis Quantitative analysis
  • Industry landscape and trends
  • Market dynamics and key issues
  • Technology landscape
  • Market opportunities
  • Porter’s analysis and PESTEL analysis
  • Competitive landscape and component benchmarking
  • Policy and regulatory scenario
  • Market revenue estimates and forecast up to 2028
  • Market revenue estimates and forecasts up to 2028, by technology
  • Market revenue estimates and forecasts up to 2028, by application
  • Market revenue estimates and forecasts up to 2028, by type
  • Market revenue estimates and forecasts up to 2028, by component
  • Regional market revenue forecasts, by technology
  • Regional market revenue forecasts, by application
  • Regional market revenue forecasts, by type
  • Regional market revenue forecasts, by component

Key market players in the Poly(1-Butene) Market

  • Lyndollbessel
  • Mitsui Chemicals
  • Ylem Technology
  • Shandong Hongye Chemical
  • Tengzhou Rida Chemical Co., Ltd.
  • Hongye Chemical Industry Group Co. Ltd.

FAQs

The “Europe” region will lead the global Poly(1-Butene) market during the forecast period 2022 to 2030.

The key factors driving the market are High growth in the plumbing solutions and PB-1 in hot melt adhesives increased demand.

The key players operating in the Poly(1-Butene) market are Lyndollbessel, Mitsui Chemicals, Ylem Technology, Shandong Hongye Chemical, Tengzhou Rida Chemical Co., Ltd., Hongye Chemical Industry Group Co. Ltd. and Others.

The global Poly(1-Butene) market is expanding growth with a CAGR of approximately 7.5%  during the forecast period (2022 to 2030).

The global Poly(1-Butene) market size was valued at 411.7 million in 2021 and it is projected to reach around USD 850 million by 2030.

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