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Extrusion Blow Molding Grade Polybutene-1 Market is Expected to Witness Healthy Growth at 7.5% CAGR through 2032

By Supriya Bhor·Published January 30, 2022·Updated February 5, 2022·Business news

Polybutene-1 Market

Polybutene-1 (PB-1) is widely used in a variety of industries, including food packaging, plumbing and pipelines, and electronic equipment, due to its 100 percent recyclability. Extrusion grade PB-1 is predicted to grow at the quickest rate, with a CAGR of 5% through 2032.

The global polybutene-1 market is expected to be worth over US$ 411 million in 2022, rising at a robust CAGR of 7.5 percent from 2022 to 2032 to reach US$ 850 million.

Polybutene-1 is a strong isotactic thermoplastic with the anticipated thermal, mechanical, and chemical resistance properties. It can be used for a number of purposes, including pressurised cold and hold water pipelines, because to these qualities.

Key Segments Covered in the Polybutene-1 Industry Report

Competitive Landscape of the Polybutene-1 Market

Automotive parts, bags and pouches, bottles and vials, coatings, colour concentrates, piping systems, and other applications are among the items offered by polybutene-1 manufacturers.

Lyondellbasell, for example, offers Akoalit PB DKG 300, a mono polymer made from a butane-1 polymer. When strong stiffness, superior creep, property retention, and minimal thermal expansion at elevated temperatures are required, this product is employed. Product demand and availability are increasing in key global regions such as Africa-Middle East, Asia Pacific, Australia and New Zealand, Europe, North America, and South and Central America.

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