South Korea leads the global export of polyisobutylene, showing a significant value share increase in 2023. Germany and Belgium maintain solid positions, while the United States experiences steady growth. Notable advancements are observed in Canada, Portugal, Philippines, and Ukraine, whereas declines are evident in the United Kingdom, Spain, and Finland. Emerging players such as Portugal and Brazil capture attention with robust growth rates, highlighting an increasing diversification in export sources.
Future trends to watch for include:
- Continued leadership by South Korea, potentially increasing its global market share.
- Potential recovery or stabilization in European markets, notably the United Kingdom and Spain, where significant declines have occurred.
- Emerging markets like the Philippines showing rapid growth, which could alter regional dynamics.
- China's subtle growth, potentially indicating long-term strategic developments in the global market share distribution.
Top countries in Export of Polyisobutylene Share by Country (US Dollars)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 South Korea | 36.49 | 2023 | +3.86% | +3.66% | View data |
| 2 | 2 Germany | 19.54 | 2023 | -0.56% | +0.92% | View data |
| 3 | 3 Belgium | 19.05 | 2023 | +2% | +2.14% | View data |
| 4 | 4 United States | 9.93 | 2023 | +1.05% | +1.75% | View data |
| 5 | 5 Japan | 3.15 | 2023 | +0.31% | -0.83% | View data |
| 6 | 6 Netherlands | 2.94 | 2023 | +2.49% | -2.17% | View data |
| 7 | 7 Brazil | 2.6 | 2023 | +2.96% | +1.17% | View data |
| 8 | 8 China | 1.92 | 2023 | +1.64% | +2.54% | View data |
| 9 | 9 Malaysia | 1.81 | 2023 | +6.65% | +0.77% | View data |
| 10 | 10 Russia | 1.38 | 2023 | +1.98% | +1.25% | View data |
