Polyisobutylene Market to Reach US$5.3 bn by the end of 2023 | Page 3

Polyisobutylene Market
is used in manufacturing the inner liners of tires due to its impermeable nature . This feature is also considered expedient in producing tubeless tires , the expanding market for which is expected to translate into increased sales opportunities for the polyisobutylene market .
Besides this , owing to the use of polyisobutylene as base polymer and modifier in a wide range of adhesives and sealants will prove highly lucrative for the market . “ Polyisobutylene is tacky and stable , due to which , it is increasingly used in adhesives and sealants – a trend which is expected to gain pace over the course of the forecast period ,” observed the TMR report ’ s author . “ Additionally , the leading enterprises are also expected to capitalize from the increasing use of polyisobutylene in medical packaging ,” he added .
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Regulations to Curb Repeated Incidents of Polyisobutylene Spills to Pose Threat
On the downside , the market could face challenge from concerns regarding negative environmental impacts of polyisobutylene spill . The repeated incidents of polyisobutylene spill pose danger to ecology , which is raising global concerns . Stringent regulations aimed at curbing such incidence are posing threat to the global polyisobutylene market .
Nevertheless , the market sees scope in the development of recoverable and recyclable polyisobutylene . The innovation is expected to open new avenues for growth for the market . Besides this , the rising use of polyisobutylene as synthetic rubber due to its superlative impermeability is also expected to increase the market ’ scope for expansion in the near future .
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Transparency Market Research
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