Global Isobutylene and Derivatives Market Growth 2024-2030
Isobutylene, also known as 2-methylpropene, is a colorless and flammable gas. It is an important monomer used in the production of various chemicals and polymers. Isobutylene is primarily derived from the refining of petroleum or through the catalytic dehydrogenation of isobutane.
The global Isobutylene and Derivatives market size is projected to grow from US$ 3757.5 million in 2023 to US$ 5064.6 million in 2030; it is expected to grow at a CAGR of 4.4% from 2024 to 2030.
LP Information, Inc. (LPI) ' newest research report, the “Isobutylene and Derivatives Industry Forecast” looks at past sales and reviews total world Isobutylene and Derivatives sales in 2023, providing a comprehensive analysis by region and market sector of projected Isobutylene and Derivatives sales for 2024 through 2030. With Isobutylene and Derivatives sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Isobutylene and Derivatives industry.
This Insight Report provides a comprehensive analysis of the global Isobutylene and Derivatives 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 Isobutylene and Derivatives portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Isobutylene and Derivatives market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Isobutylene and Derivatives 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 Isobutylene and Derivatives.
The global isobutylene and derivatives market is driven by the increasing demand for butyl rubber, polymers, construction materials, and fuel additives. Technological advancements and innovations in the field have also contributed to market growth. As industries continue to rely on isobutylene-based products, the market is expected to grow further in the coming years.
This report presents a comprehensive overview, market shares, and growth opportunities of Isobutylene and Derivatives market by product type, application, key manufacturers and key regions and countries.
Segmentation by type
Isobutylene
MTBE
Other
Segmentation by application
Butyl Rubber
Gasoline Blending
Chemical Industry
Pharmaceutical Industry
Others
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.
Evonik
TPC Group
Nizhnekamskneftekhim
Key Questions Addressed in this Report
What is the 10-year outlook for the global Isobutylene and Derivatives market?
What factors are driving Isobutylene and Derivatives market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Isobutylene and Derivatives market opportunities vary by end market size?
How does Isobutylene and Derivatives break out type, application?
Please note: The report will take approximately 2 business days to prepare and deliver.