The Market Reports

Synopsis
The global market for Polyisobutylene Succinimide was estimated to be worth US$ 758 million in 2024 and is forecast to a readjusted size of US$ 934 million by 2031 with a CAGR of 3.0% during the forecast period 2025-2031.

Polyisobutylene Succinimide, commonly abbreviated as PIB succinimide, is a type of ashless dispersant widely used in the formulation of lubricants and fuels. It is derived through the reaction of polyisobutylene (PIB), a polymer of isobutylene, with succinic anhydride. This reaction results in the formation of a succinate ester, which is subsequently treated with an amine to produce the imide linkage, hence the name succinimide.Polyisobutylene Succinimide, commonly abbreviated as PIB succinimide, is a type of ashless dispersant widely used in the formulation of lubricants and fuels. It is derived through the reaction of polyisobutylene (PIB), a polymer of isobutylene, with succinic anhydride. This reaction results in the formation of a succinate ester, which is subsequently treated with an amine to produce the imide linkage, hence the name succinimide.

Market drivers of polyisobutylene succinimide
The driving factors of the polyisobutylene succinimide market mainly stem from its wide range of applications and growing market demand. Here are some key market drivers:

Wide range of applications: Polyisobutylene succinimide is used in multiple industries, such as additives for fuels and lubricants, components for adhesives and sealants, modifiers for plastics and elastomers, etc. The continued growth of these application areas provides a stable demand base for the polyisobutylene succinimide market.

Superior performance: Polyisobutylene succinimide has excellent thermal stability, chemical stability and mechanical properties, and can meet various demanding use environments. This makes it an indispensable material in multiple fields.

Technological innovation and R&D: With the advancement of science and technology and the improvement of people's requirements for material performance, the production technology and R&D level of polyisobutylene succinimide are also constantly improving. This helps to promote the further development of the market.

Policy support: Some countries and regions have given policy support to the development of high-performance materials, such as providing R&D funds, tax exemptions and other preferential measures. These policies help drive the market development of high-performance materials such as polyisobutylene succinimide.

This report aims to provide a comprehensive presentation of the global market for Polyisobutylene Succinimide, focusing on the total sales volume, sales revenue, price, key companies market share and ranking, together with an analysis of Polyisobutylene Succinimide by region & country, by Type, and by Application.

The Polyisobutylene Succinimide market size, estimations, and forecasts are provided in terms of sales volume (Kiloton) and sales revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. With both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Polyisobutylene Succinimide.

Market Segmentation

By Company

• Lubrizol
• Infineum
• Chevron
• Afton
• Clariant
• TPC
• BASF
• Richful
• WUXI SOUTH PETROLEUM ADDITIVE CO LTD
• Kangtai Shares
• Daelim

Segment by Type

• Single Component
• Compound Component

Segment by Application

Automobile
Oil and Gas
Industrial
Others

Segment by Region

• North America: United States, Canada, and Mexico
• Europe: United Kingdom, Germany, France, Spain, Italy, and Rest of Europe
• Asia Pacific: China, India, Japan, Australia, South Korea, and Rest of Asia Pacific
• Middle East & Africa: Saudi Arabia, South Africa, and Rest of MEA
• Latin America: Brazil, Argentina, and Rest of Latin America

*If you need a regional or country-specific version, or customized segmentation, we can tailor the report to your requirements.