North American Polyisobutylene Market to Reach 410 Thousand Tons by 2015, According to New Report by Global Industry Analysts, Inc.

GIA announces the release of a North American market report on Polyisobutylene. Polyisobutylene market in North America is projected to reach 410 thousand tons by 2015. The market is expected to be driven by its extensive usage in several applications, including lubricants, fuel additives, adhesives, sealants, and others. Growing demand for highly reactive polyisobutylene (HR-PIB) owing to its superior performance and processing features is also influencing market growth.

San Jose, California (PRWEB), July 8, 2010 -- Polyisobutylene (PIB) is an elastomer or synthetic rubber. The distinction of PIB is that it is the only rubber that is gas impermeable, and can hold air for a long period of time. Polyisobutylene represents one of the key raw materials used in the manufacture of lubricants and fuel additives, and also in numerous industrial applications worldwide, including adhesives, sealants, and cable compounds. PIB is commercially available in three major grades - Low molecular weight, Medium molecular weight, and High molecular weight PIB.

North America constitutes the largest market for Polyisobutylene worldwide, as stated in the new market research report on Polyisobutylene ([http://www.StrategyR.com/]

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