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The global Polyisobutylene (PIB) market size was USD 2.90 Billion in 2022 and is expected to register a revenue CAGR of 6.1% during the forecast period. Significant investments in undercoating and rustproofing in the automotive industry play a major role in driving market revenue growth. PIB-based undercoating and rustproofing materials are used to protect undercarriage of vehicles from corrosion and abrasion caused by road salt, water, and debris.
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Regional Analysis:
According to the regional analysis, the market is segmented into the key geographical regions, including North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. The report further provides insight into the regions dominating the market and is expected to lead the market in the coming years. The report also discusses the growth rate and market size of each major region for the forecast period. It also covers production and consumption patterns, supply and demand dynamics, current and emerging trends, import/export, and the presence of key players in each region.
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Highlights of Table of Contents (TOC):
- Overview of Global Polyisobutylene Market
- Competitive analysis of the Polyisobutylene Market
- Regional analysis of Global Polyisobutylene Market production and revenue
- Regional analysis of Global Polyisobutylene Market supply, consumption, and export & import
- Type-based market analysis of global Polyisobutylene production, revenue, and price trends
- Application-based analysis of the global Polyisobutylene Market
- Manufacturer profiles, manufacturing cost, and upstream and downstream analysis of global Polyisobutylene market
- Conclusion of the research report
- Appendix
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