Isooctane Market is estimated to touch USD 104160 million by 2021 | Key Players are ExxonMobil, Shell, BP, DOW, ConocoPhillips, PDVSA, Petrobras, LUKOIL, Valero, Sabic and Chevron Corporation

Isooctane Market Overview:
Isooctane, also known as 2, 4, 4-trimethylpentane, is an important component of gasoline, often used in relatively large proportions to increase the impact resistance of the fuel. The knocking of the motor is an undesirable process that can occur during combustion in internal combustion engines. Isooctane is produced on a large scale in the petroleum industry by the distillation and there are also other production methods. It can also be produced from isobutylene by dimerization using an amber catalyst to produce a mixture of isooctane. Hydrogenation of this mixture produces 2, 2, 4-trimethylpentane. Currently, the use of isooctane as a fuel in homogeneous charge compression ignition (HCCI) research is a very popular method in which isooctane is used as a pure fuel and as a component of a reference primary fuel mixture. This method was introduced by the need to improve the efficiency and performance of the combustion chambers in operation and reduce the production of emissions of pollutants generated during the combustion process. Isooctane is a primary reference fuel (PRF) for the number of octane in spark ignition engines and, when used in compression ignition engines, its cetane number is approximately 15.

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Isooctane Market was valued USD 92130 million in 2013 and USD 90650 million in 2016 and projected to reach USD 104160 million by 2021 growing at a CAGR of 0.54% during the forecast period 2016 to 2021.

Drivers and restrictions:
The increase in global automotive activity should boost the isooctane market in the near future. The global expansion of automotive demand, the improvement of vehicle design capabilities, and the growing importance of weight reduction and emission control are the main factors driving the isooctane market. However, inhalation or ingestion of large amounts of isooctane or 2, 2, 4-trimethylpentane is harmful. In rare cases, a stronger reaction may occur, which may be a factor limiting the growth of the market.

Geographical segmentation:
Geographically, the Isooctane Market market is divided it into different regions such as North America, Europe, Asia-Pacific and the rest of the world. The increasing demand from automotive manufacturers in Asia Pacific and Europe will drive the market share in the coming years.

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Key Players:
Some of the key players in the isooctane market are ExxonMobil, Shell, BP, DOW, ConocoPhillips, PDVSA, Petrobras, LUKOIL, Valero, Sabic, Chevron Corporation, KNPC, ENI, NIOC, Dymatic and Sinopec

Scope of the report:
The report offers a comprehensive analysis of the industry by providing the estimations of market potential and forecasts with utmost granularity. Along this, the factors influential in effecting the market dynamics and trends are discussed in detail at the product level. Further, the performance of the market at the regional and country-level is assessed and the prospects with high growth potential are identified and debated.

The key players in the industry are profiled providing insights on their financial performance, market position and growth strategies. Comparative analysis on prime strategical activities of the market players delineating the key developments like mergers & acquisitions, collaborations and an evaluation of the competitive environment within the industry are provided.

The report also offers a broad outlook of the market along with recommendations from industry experts on the opportunities for investment activity.

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