Global Poly(1-Butene) Market 2024 – 2033

Reports Description

According to Research Study published by Custom Market Insights (CMI), The global poly(1-butene) market size was estimated at USD 411.7 million in 2021 and is expected to hit around USD 850 million by 2030, poised to grow at a compound annual growth rate (CAGR) of 7.5% from 2022 to 2030.

PB-1 and polybutylene are other names for polybutene-1. It belongs to the family of thermoplastic polymers known as polyolefins, which also include polypropylene and polyethylene. The material is highly isotactic, linear, semi-crystalline thermoplastic. It is made by polymerizing 1-butene with catalysts that are stereospecific. There are several grades of it available, including extrusion, injection, and blow molding.

Polybutene-1 also exhibits exceptional strength and flexibility at high temperatures. Additionally, it has good mechanical, thermal, and creep resistance qualities. These advantages make polybutene-1 a favoured polyolefin and increase demand for it in applications such as hot melt adhesives, packaging systems, and plumbing systems. The substance is utilized in many different client applications, including piping systems, hot melt adhesives, easy-open packaging, and film medicine. Because of its exceptional flexibility and creep resistance across a wide temperature range, it is mostly employed in pipe systems.

Major applications for polybutene-1 include packaging that is simple to peel or seal and open. Easy-opening packaging is frequently used for pre-packaged foods including cheese, cereals, and carton liners. Customers have different expectations for food packaging and other simple-to-open products. Easy-open packaging is in high demand due to customers’ busy lifestyles and their preference for ready-to-eat meals. During the projection period, rising packaging demand would propel the use of polybutene-1 in items with easy-peel packaging.

Growth factors.

Polybutene-1 is a colourless, flammable gas and an organic compound from the alpha-olefin family. It is widely utilized as a co-monomer in the production of high-density polyethylene (HDPE), linear low-density polyethylene, toys, containers, pipes, and other non-food packaging materials made from polyethylene/polypropylene resins because of its flexibility and strong grip strength. Additionally, valeraldehyde, polybutene, butadiene, butylene oxide, maleic anhydride, secondary butyl alcohol (SBA), and methyl ethyl ketone are made from polybutene-1 (MEK). Furthermore, 1-Butene is utilized as an intermediary in the production of plasticizers, antioxidants, corrosion inhibitors, herbicides, and additives for hydraulic and lubricating lubricants.

One of the key application areas where demand for polybutene-1 is increasing quickly is food packaging. Food that is packaged promotes a busy lifestyle and provides protection for meals that are ready to consume. Once the required quantity of food has been consumed, it also permits resealing of any packaged food item.

Additionally, polybutene-1 packaging has the advantage of being simple to open with little effort and without the need for any cutting tools, which has caused the packaging industry to favour its use. The packaging of fresh pasta, sliced cheese, meat, pizza, ready-to-eat meals, yoghurt cups, sandwich packs, etc. has also been successful according to consumers who use polybutene-1. Moreover, vacuum food packaging has seen a significant increase in polybutene-1 demand. Utilizing polybutene-1 goods has allowed customers to create a variety of film structures that are frequently used for the secure packaging of cheese, coffee, vacuum-packed rice, pork, peanuts, and coffee. Hence, growing demand from the food packaging segment drives the polybutene-1 market across the globe.

The polybutene-1 material has a high degree of strength and flexibility at high temperatures. Additionally, it has good mechanical, thermal, and creep resistance qualities. These advantages make polybutene-1 a favoured polyolefin and increase demand for it in applications such as hot melt adhesives, packaging systems, and plumbing systems. Moreover, polybutene-1 pipeline systems have won the universal recognition of engineers, architects, builders, and homeowners owning to their flawless survival in the pursuit of industrial and residential applications. The PB-1 pipe system offers excellent energy efficiency, flexible plumbing, network management, and efficient and dependable operations. The demand for piping solutions for polybutene-1 is expected to rise in the projected period.

Poly(1-Butene) Market Segmentation.

Poly(1-Butene) Market, a segment on the basis of Product Grade

Due to the increasing prevalence of polybutene-1 pipe products throughout significant application domains in several areas, the extrusion grade category of product grades is predicted to expand at the highest CAGR and to have a leading position going forward. Because it is 100% recyclable, extrusion grade polybutene-1 is frequently used for a broad range of applications, such as the creation of consumer electronics and food packaging.

The material’s characteristics include excellent flexibility, less memory effect, and thinner pipe walls. Additionally, PB-1 pipes provide the possibility of installation in small, limited spaces and the potential for cost savings due to speedier installation. As a consequence of increased pipe demand from emerging nations, particularly in the Asia Pacific region, it is projected that extrusion-grade grade polybutene-1 demand would rise in the coming years.

Injection molding grade and blow molding grade are is often used for making solid components. By heating and adding air, a plastic tube is transformed into a parison, or hot-plastic balloon, in the process of blow molding. As the air continues to fill the cavity into the shape of your item, a mold is then clamped around this to confine the plastic. The weight of the plastic shot used in the mold determines the size of the machine and related expenditures to make a blow-molded object. Since each mold half in a blow mold creates a different wall shape, there is more design flexibility between mold halves.

Poly(1-Butene) Market, a segment on the basis of Application

The plumbing application is the market leader and is anticipated to contribute most significantly to the polybutene-1 market. Products are being used more and more in the pipe and industrial sectors as a result of an expansion in development and building activities in the Asia Pacific and the Middle East. Polybutene-1 pipe systems’ competitive advantage over other polyolefin polymers and traditional materials is what is driving the plumbing industry’s demand for the material.

The market for polybutene-1 is dominated by this category. Additionally, the need for pipes has been expanding as a result of the world’s growing urbanization. Rapid urbanization has created a wealth of prospects for the polybutene-1 business in the Asia Pacific and Latin America. In addition, the need for alternative materials with superior qualities has grown as a result of the replacement of conventional building and construction materials.

The packaging segment is expected to hold a significant share in the polybutene-1 market in the projected period. One of the key application areas where demand for polybutene-1 is increasing quickly is food packaging. Polybutene-1 packaging has the advantage of being simple to open with little effort and without the need for any cutting tools, which has caused the packaging industry to favour its use.

As well as providing consistent, dependable processing and sealing performance on current equipment and built-in tamper-evidence, polubutene-1 gives the opportunity to customize sealing temperatures and seal strength. In order to improve flexibility and softness without reducing clarity, polybutene-1 can also be employed in film modification.

Report Scope

Regional Insights

During the projected period, Europe is expected to maintain its leading position in the polybutene-1 market. The largest polybutene-1 manufacturing facility in the region has an annual output capacity of more than 65 kilo tons. Europe is home to a substantial share of the world’s manufacturing industry.

The strategic alliance between suppliers of raw materials and manufacturers of finished goods, supply chain integration, and the broad usage of PB-1 products in a variety of applications are all elements that support the market’s strong position in Europe. People in Europe are used to drinking clean, fresh water, and polybutene-1 pipe systems deliver exactly that. In Europe, where there is a major vehicle industry, the usage of PB-1 in hot melt adhesives also increases demand. Moreover, the demand for polybutene-1 pipe and plumbing products will rise in Europe as a result of the phase-out of traditional materials.

During the forecast period, a significant rate of growth is expected for the Asia-Pacific area. Due to the fast expansion of the food packaging sector, India plays a significant role in the growth of the polybutene-1 market. In the Asia-Pacific area, it is renowned for having the highest polybutene-1 consumption rates in the food packaging sector.

Demand for polybutene-1 is also influenced by the region’s use of film modification. In comparison to other polymers used for film modification, consumers of Polybutene-1 say that polybutene-1 film has the greatest quality, durability, and efficiency. This region is anticipated to grow by 2032.

The market expansion in North America, where the U.S. and Canada are the major countries, will be fueled by the greater usage of the extrusion grade in the packaging system. This region is expected to witness substantial growth in the future. This region has witnessed high growth in plumbing solutions owning to growth in commercial and industrial construction and maintenance which rise the demand for polybutene-1 in the market.

Key market players in the Poly(1-Butene) Market

• Lyndollbessel
• Mitsui Chemicals
• Ylem Technology
• Shandong Hongye Chemical
• Tengzhou Rida Chemical Co., Ltd.
• Hongye Chemical Industry Group Co. Ltd.

Key Developments

• One of the biggest manufacturers of plastics, chemicals, and refineries, LyondellBasell, has unveiled Purell KT MR 07, the first resin based on polybutene-1 (PB 1) that is aimed at the market for flexible and transparent medical applications including IV bags and medical tubing.

Segments covered in the report

By Product Grade

• Extrusion grade
• Injection molding grade
• Blow molding grade

By Application

• Plumbing system
• Packaging system
• Others

On the basis of Geography

North America

• U.S.
• Canada
• Mexico
• Rest of North America

Europe

• Germany
• France
• U.K.
• Italy
• Spain
• Rest of Europe

Asia Pacific

• China
• Japan
• India
• New Zealand
• Australia
• South Korea
• Rest of Asia Pacific

The Middle East & Africa

• Saudi Arabia
• UAE
• Egypt
• Kuwait
• South Africa
• Rest of the Middle East & Africa

Latin America

• Brazil
• Argentina
• Rest of Latin America