Polyisobutylene (PIB) Market

By Application;

Tire Tubes, Adhesives & Sealants, Lubricants, Plasticizers, Fuel Additives, Electrical Insulation and Others

By End-Use Industry;

Automotive & Transportation, Industrial Machinery, Construction & Building Materials, Food, Pharma & Personal Care and Electrical & Electronics

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa and Latin America - Report Timeline (2021 - 2031)
Report ID: Rn102914064 Published Date: September, 2025 Updated Date: November, 2025

Polyisobutylene (PIB) Market Overview

Polyisobutylene (PIB) Market (USD Million)

Polyisobutylene (PIB) Market was valued at USD 2,163.84 million in the year 2024. The size of this market is expected to increase to USD 3,126.87 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 5.4%.


Polyisobutylene (PIB) Market

*Market size in USD million

CAGR 5.4 %


Study Period2025 - 2031
Base Year2024
CAGR (%)5.4 %
Market Size (2024)USD 2,163.84 Million
Market Size (2031)USD 3,126.87 Million
Market ConcentrationMedium
Report Pages326
2,163.84
2024
3,126.87
2031

Major Players

  • BASF SE
  • Braskem
  • Dowpol Corporation
  • TPC Group
  • The Lubrizol Corporation

Market Concentration

Consolidated - Market dominated by 1 - 5 major players

Polyisobutylene (PIB) Market

Fragmented - Highly competitive market without dominant players


The Polyisobutylene (PIB) Market is expanding steadily, supported by its excellent elasticity, chemical resistance, and airtight properties. These features have made PIB an essential material across industries such as automotive, packaging, and construction. With almost 40% of demand linked to adhesives and sealants, PIB continues to establish itself as a key component for performance-driven applications.

High Adoption in Automotive Industry
The automotive industry contributes over 35% of PIB usage, particularly in tire inner liners, tubes, and sealants. Its superior air retention and flexibility enhance both safety and efficiency in vehicles. With increasing vehicle production and the push for long-lasting materials, PIB has secured a strong position in automotive manufacturing.

Applications in Packaging and Construction
The packaging and construction markets together represent nearly 30% of PIB demand. Its reliable moisture resistance, adhesive strength, and durability make it well-suited for films, sealants, and coatings. Growing interest in flexible packaging solutions underlines PIB’s importance in preserving product quality and extending shelf life.

Use in Pharmaceutical Industry
The pharmaceutical sector utilizes PIB in seals, medical stoppers, and drug delivery systems, accounting for about 15% of applications. Its non-reactive, safe, and stable nature ensures effective protection of sensitive products. With increasing focus on healthcare quality, PIB is expected to play a greater role in pharmaceutical packaging solutions.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Application
    2. Market Snapshot, By End-Use
    3. Market Snapshot, By Region
  4. Polyisobutylene (PIB) Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Increasing Demand from Automotive Industry

        2. Growth in Lubricant and Fuel Additives Market

        3. Rising Demand for Polyisobutylene in the Construction Industry

        4. Expanding Use in Adhesives and Sealants

        5. Growing Applications in the Pharmaceutical Industry

      2. Restraints
        1. High Production Costs

        2. Environmental Concerns and Regulatory Restrictions

        3. Fluctuating Raw Material Prices

        4. Limited Availability of Raw Materials

        5. Competition from Alternative Polymers

      3. Opportunities
        1. Innovation in PIB Production Technology
        2. Expanding Demand in Emerging Markets
        3. Use of PIB in Green and Sustainable Applications
        4. Growth in Renewable Energy Sector
        5. Increasing Demand for High-Performance Polymers
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Polyisobutylene (PIB) Market, By Application, 2021 - 2031 (USD Million)
      1. Tire Tubes
      2. Adhesives & Sealants
      3. Lubricants
      4. Plasticizers
      5. Fuel Additives
      6. Electrical Insulation
      7. Others
    2. Polyisobutylene (PIB) Market, By End-Use, 2021 - 2031 (USD Million)
      1. Automotive & Transportation
      2. Industrial Machinery
      3. Construction & Building Materials
      4. Food, Pharma & Personal Care
      5. Electrical & Electronics
    3. Polyisobutylene (PIB) Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. BASF
      2. The Lubrizol Corporation
      3. TPC Group
      4. INEOS
      5. Braskem
      6. Daelim Industrial Co., Ltd.
      7. Lanxess
      8. ExxonMobil Corporation
      9. Sibur
      10. Reliance Industries Limited
      11. Kothari Petrochemicals
      12. Zhejiang Shunda New Material Co., Ltd.
      13. Shandong Hongrui New Material Technology Co., Ltd.
      14. Chevron Oronite LLC
      15. RB Products Inc.
  7. Analyst Views
  8. Future Outlook of the Market