The Global Polyisobutene Market was valued at USD 2.8 Billion in 2023 and is projected to reach USD 3.9 Billion by 2029, growing at a Compound Annual Growth Rate (CAGR) of 5.2% during the forecast period (2024–2029). This robust growth is primarily driven by escalating demand from the automotive sector for high-performance tires and lubricants, the expansion of construction activities requiring advanced sealants, and the increasing use of polyisobutene in personal care formulations.

As industries worldwide prioritize material performance, durability, and sustainability, the role of specialty chemicals like polyisobutene becomes increasingly critical. In this blog, we profile the Top 10 Companies in the Polyisobutene Industry—a group of global chemical leaders and specialized producers who are innovating to meet diverse application demands.

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🔟 1. INEOS

Headquarters: London, United Kingdom
Key Offering: High Reactivity Polyisobutene (HR-PIB), Conventional Polyisobutene (C-PIB)

INEOS Oligomers is a global leader in the polyisobutene market, operating one of the world’s largest and most advanced production facilities. The company serves a wide range of industries, including lubricant additives, fuel additives, and adhesives, with a strong focus on high-performance HR-PIB products.

Innovation and Market Focus:

• Leading producer of HR-PIB for lubricant and fuel detergent additives

• Strategic expansion of production capacity to meet growing global demand

• Strong R&D focus on developing sustainable and high-value PIB derivatives

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9️⃣ 2. TPC Group

Headquarters: Houston, Texas, USA
Key Offering: C-PIB, HR-PIB, Butyl Rubber

TPC Group is a leading North American producer of C4 hydrocarbons and derivatives, including a significant portfolio of polyisobutene products. The company’s strategically located manufacturing assets in the US Gulf Coast provide a strong supply position for regional and global markets.

Innovation and Market Focus:

• Integrated C4 value chain providing feedstock security

• Focus on high-purity PIB for specialty applications

• Expanding product offerings in adhesive and sealant applications

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8️⃣ 3. Braskem

Headquarters: São Paulo, Brazil
Key Offering: Polyisobutene, Butyl Rubber

As the largest petrochemical company in the Americas, Braskem holds a significant position in the polyisobutene market. The company leverages its integrated production platform and extensive distribution network to serve customers across North and South America.

Innovation and Market Focus:

• Strong focus on the automotive and construction sectors in Latin America

• Investment in sustainable production technologies

• Strategic partnerships to expand market reach

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7️⃣ 4. Daelim

Headquarters: Seoul, South Korea
Key Offering: HR-PIB, C-PIB, Butyl Rubber

Daelim Industrial Co., Ltd. is a major Asian player in the polyisobutene market, with a strong presence in the rapidly growing Asia-Pacific region. The company’s advanced production facilities and technical expertise position it as a key supplier for various industrial applications.

Innovation and Market Focus:

• Focus on high-value HR-PIB for lubricant and fuel additives

• Strong customer relationships in the automotive industry

• Expansion initiatives to capture growing Asian market demand

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6️⃣ 5. ENEOS Corporation

Headquarters: Tokyo, Japan
Key Offering: Polyisobutene, Lubricant Additives

ENEOS Corporation, Japan’s largest oil refiner and petrochemical company, maintains a significant presence in the polyisobutene market. The company leverages its integrated refining and petrochemical operations to produce high-quality PIB products primarily for lubricant and industrial applications.

Innovation and Market Focus:

• Strong focus on lubricant additive applications

• Quality-focused production for Japanese and export markets

• R&D in high-performance PIB derivatives

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5️⃣ 6. DL Chemical (formerly Daelim Chemical)

Headquarters: Seoul, South Korea
Key Offering: HR-PIB, C-PIB

DL Chemical has established itself as a key producer of polyisobutene in the Asian market. The company focuses on both conventional and high-reactivity PIB, serving diverse applications from lubricant additives to adhesive formulations with consistent quality products.

Innovation and Market Focus:

• Strategic investments in production technology upgrades

• Focus on export markets alongside strong domestic presence

• Customer-centric approach with technical service support

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4️⃣ 7. BASF SE

Headquarters: Ludwigshafen, Germany
Key Offering: PIB-based Additives, Glissopal®

BASF, while not a primary producer of polyisobutene, is a significant player in the value chain through its production of PIB-based additives. The company’s Glissopal® brand represents a range of high-performance PIB products used primarily as viscosity modifiers and fuel additives.

Innovation and Market Focus:

• Focus on high-value PIB derivatives and formulations

• Strong R&D capabilities in additive technology

• Global distribution network serving diverse industries

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3️⃣ 8. Lanxess AG

Headquarters: Cologne, Germany
Key Offering: Butyl Rubber, PIB Intermediates

Lanxess is a leading specialty chemicals company with significant involvement in the polyisobutene value chain through its butyl rubber business. The company’s expertise in elastomers and specialty chemicals positions it as an important player in PIB-related markets.

Innovation and Market Focus:

• Focus on high-performance elastomer applications

• Strong position in automotive and industrial sectors

• Sustainability initiatives in production processes

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2️⃣ 9. ExxonMobil Chemical

Headquarters: Spring, Texas, USA
Key Offering: Butyl Rubber, PIB-based Products

ExxonMobil Chemical maintains a significant presence in the polyisobutene market through its integrated butyl rubber and chemical operations. The company’s global scale and technological expertise make it a key supplier for various PIB-derived products.

Innovation and Market Focus:

• Integrated production from feedstock to finished products

• Focus on tire and automotive applications

• Global supply chain capabilities

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1️⃣ 10. Ataman Kimya

Headquarters: Istanbul, Turkey
Key Offering: Polyisobutene, Chemical Intermediates

Ataman Kimya has established itself as a significant regional player in the polyisobutene market, particularly serving the EMEA region. The company focuses on providing quality PIB products for various industrial applications while expanding its global footprint.

Innovation and Market Focus:

• Strategic location bridging European and Asian markets

• Focus on adhesive and sealant applications

• Expanding product portfolio to meet diverse customer needs

Get Full Report Here: Polyisobutene Market – View in Detailed Research Report

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🌍 Outlook: The Future of Polyisobutene Is High-Performance and Sustainable

The polyisobutene market is undergoing significant transformation as demand grows for high-performance materials across multiple industries. While conventional applications continue to drive volume growth, the industry is increasingly focused on developing sustainable production methods and high-value specialty products.

📈 Key Trends Shaping the Market:

• Growing demand for HR-PIB in fuel and lubricant additives driven by stricter emission norms

• Expansion of production capacity in Asia-Pacific to meet regional demand growth

• Increasing applications in sealants and adhesives for construction and automotive sectors

• Development of bio-based and sustainable PIB alternatives

Get Full Report Here: Polyisobutene Market – View in Detailed Research Report

The companies listed above are not only supplying essential industrial materials—they’re driving innovation and sustainability across multiple global industries.