Scienza e Tecnologia
Polybutene-1 Market to Expand At 7.5% CAGR; Flourishing Food Packaging Industry in Developing Nations Drives Growth: Fact.MR
Surging demand for hot and cold pressurized water piping systems fueled the demand for polybutene-1 blow molding grade and polybutene-1 injection molding grade. Variants of polybutene-1which possess high flexibility, are light weights and has low stiffness are extensively used in hot melt adhesives and making temperature resistant tanks. Consistent innovation in hot melt adhesives manufacturing will accelerate the market growth.
Polybutene-1 packaging are found effective in protecting fresh pasta, sliced cheese and meat, pizza, tofu, ready-to-eat meals, yoghurt cups, sandwich packs without compromising in the quality of the packed food. PB-1 packaging promotes resealing of any packaged food item for future use once a required amount has been used.
PB-1 packagings are easy to open with no requirement of special cutting equipments leading to increasing market growth. Rising demand for vacuum food packaging to support the busy lifestyle and on the go eating habits will catapult the market growth in the upcoming years.
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Leading players operating in polybutene-1 market profiled by Fact.MR are LyondellBasell, Mitsui Chemicals, Ylem Technology, Shandong Tengzhou Ruida Chemical and others. The market players offer broad range of products ranging from automotive parts to piping systems. High diversity of polybutene-1 helps market players to expand their product range and penetrate multiple sectors.
For instance, Lyondellbasell provides a mono polymer manufactured from a butane-1 polymer named "Akoalit PB DKG 300". The product is high in demand owing to its superior stiffness, efficient creep management and low thermal expansion at high temperature application.
Mitsui Chemicals is a global market leader in polybutene-1 products. It offers a product named "Beaulon" mostly used in oil supply pipes, and floor heating pipes. The product has high water corrosion resistance, chemical and abrasion resistant with high flexibility.
Fact.MR, in its new report, offers an unbiased analysis of the global polybutene-1 market, analyzing forecast statistics through 2019 and beyond. The study reveals growth projections on in polybutene-1 market on the basis of type (homo PB-1, random PB-1), Application (Packaging, film modification, polyolefin modification, piping systems, electric domestic heaters, hot melt adhesives), process technique (Extrusion, extrusion blow molding, injection molding) across regions ( North America , Latin America , Europe , East Asia , South Asia & Oceania, Middle East & Africa ).
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