Global Isobutene Market Growth 2023-2029

Global Isobutene Market Growth 2023-2029

Isobutylene (or 2-methylpropene) is a hydrocarbon of industrial significance. It is a four-carbon branched alkene (olefin), one of the four isomers of butylene. At standard temperature and pressure it is a colorless flammable gas.

LPI (LP Information)' newest research report, the “Isobutene Industry Forecast” looks at past sales and reviews total world Isobutene sales in 2022, providing a comprehensive analysis by region and market sector of projected Isobutene sales for 2023 through 2029. With Isobutene sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Isobutene industry.

This Insight Report provides a comprehensive analysis of the global Isobutene landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Isobutene portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Isobutene market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Isobutene and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Isobutene.

The global Isobutene market size is projected to grow from US$ 2127.7 million in 2022 to US$ 2303.6 million in 2029; it is expected to grow at a CAGR of 2303.6 from 2023 to 2029.

North America is the largest market with about 42% market share. Europe is follower, accounting for about 31% market share.

The key players are Lyondell Basell, TPC Group, Exxon Mobil, Nizhnekamskneftekhim, Enterprise Products Partners, Evonik, Yuhua Group, Sumitomo Chemical, Yuhuang Chemical, Qifa Chemical, Songwon, Qixiang, Sinopec Beijing Yanshan, Weifang Binhai etc. Top 3 companies occupied about 52% market share.

This report presents a comprehensive overview, market shares, and growth opportunities of Isobutene market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type
MTBE Cracking
Tert-butanol (TBA)

Segmentation by application
Butyl Rubber
MMA
PIB
Other

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Lyondell Basell
TPC Group
Exxon Mobil
Nizhnekamskneftekhim
Enterprise Products Partners
Evonik
Yuhua Group
Sumitomo Chemical
Yuhuang Chemical
Qifa Chemical
Songwon
Qixiang
Sinopec Beijing Yanshan
Weifang Binhai

Key Questions Addressed in this Report

What is the 10-year outlook for the global Isobutene market?

What factors are driving Isobutene market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Isobutene market opportunities vary by end market size?

How does Isobutene break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.