In 2023, South Korea dominated the global export market for polyisobutylene with a noteworthy increase of 4.47%. Belgium and Germany also maintained substantial shares at 21.23% and 17.15% globally, showing steady growth. The United States showed a 2.93% rise, while Brazil saw a moderate increase. Japan experienced a decline of 1.6%. Emerging contributors like Canada, Czech Republic, and Portugal displayed substantial year-on-year growth with rates of 6.43%, 5.39%, and 11.28% respectively. Conversely, the Netherlands experienced a decline of over 10%, while significant contractions were seen in the UK, Spain, Austria, and Finland.
Looking ahead, trends to watch include heightened competition among leading exporters, with greater attention on quality and innovation. Potential shifts could result in growth from emerging markets as they enhance production capacities. Sustainability and regulatory pressures may also alter export dynamics.
Top countries in Export of Polyisobutylene Share by Country (Kilograms)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 South Korea | 39.26 | 2023 | +4.13% | +4.47% | View data |
| 2 | 2 Belgium | 21.23 | 2023 | +2.03% | +2.59% | View data |
| 3 | 3 Germany | 17.15 | 2023 | -0.81% | +2% | View data |
| 4 | 4 United States | 9.36 | 2023 | +1.85% | +2.93% | View data |
| 5 | 5 Brazil | 3.37 | 2023 | +3.48% | +1.78% | View data |
| 6 | 6 Japan | 2.11 | 2023 | -0.84% | -1.6% | View data |
| 7 | 7 Malaysia | 1.7 | 2023 | +6.65% | +0.75% | View data |
| 8 | 8 Netherlands | 1.5 | 2023 | -6.39% | -10.62% | View data |
| 9 | 9 China | 0.99 | 2023 | -0.94% | -0.09% | View data |
| 10 | 10 Russia | 0.67 | 2023 | +2.21% | +1.61% | View data |
