Press release
Isobutene Market Size, Share | Industry Report 2024
The global isobutene market was valued at $24.7 billion in 2016 and is forecast to grow at a steady CAGR of 5.6% between 2017 and 2024, culminating in 2024 global sales of $38.1 billion.Increasing rubber demand from aerospace and automotive industry is anticipated to drive global isobutene market over the forecast period. Isobutene, also commonly referred to as isobutylene is primarily used producing polybutylene (butyl rubber) and as an intermediate for manufacturing methyl tert-butyl ether. They are extensively used in hot melt adhesives, compounding & masterbatches, wires & cables and electric insulation.
Governing guidelines intended at carcinogenicity of petrochemicals is set to influence market dynamics and product development sources. It is widely utilized as a precursor to numerous chemicals such as the polymerization reaction with isoprene for the manufacturing polybutene. The increasing demand for tires from automotive industry is anticipated to boost isobutene demand significantly over the forecast period.
Click the link below to view the report description:
www.ameriresearch.com/product/isobutene-market-size-analysis/
Key findings from the study: -
• Governing guidelines intended at carcinogenicity of petrochemicals is set to influence market dynamics and product development sources.
• Crude oil price volatility coupled with availability in sufficient volume is anticipated to shape up isobutene price trends in the coming years.
• Key players operating in the global market include BASF SE, Global Bioenergies SA, Evonik Industries AG, ExxonMobil Chemicals Company, LanzaTech Inc., Honeywell International Inc., LyondellBasell Industries NV., TPC Group LLC, Syngip BV, ABI Chemicals LLC, and Praxair Inc.
Ameri Research has segmented the Isobutene Market by material categories, product type, end-use and region:
Market Segmentation:
Isobutene Market by Product (Volume, Kilo Tons; Revenue, USD Million)
• Methyl Tert-Butyl Ether (MTBE)
• Ethyl Tert-Butyl Ether (ETBE)
Isobutene Market by Application (Volume, Kilo Tons; Revenue, USD Million)
• Automotive
• Aerospace
• Antioxidants
• Pharmaceuticals
• Others
Isobutene Market by Region (Volume, Kilo Tons; Revenue, USD Million)
• North America
• U.S.
• Canada
• Europe
• Germany
• UK
• France
• Italy
• Spain
• Asia Pacific
• Japan
• China
• India
• Latin America
• Brazil
• Mexico
• Middle East & Africa (MEA)
• Saudi Arabia
• UAE
Browse Full Report @ www.ameriresearch.com/product/isobutene-market-size-analysis/
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Ameri Research Inc. (www.ameriresearch.com) is a U.S. based market research and consulting company, registered in the State of Florida and headquartered in Tampa Bay Area. At Ameri Research we are passionately curious about people, markets, brands and society. Our ability to gauge market movements, deep expertise in data science, strong domain expertise and years of collective global experiences helps us to bring unmatched quality in deliverables to our clients. With carefully planned systems and processes in place, we cater to the requirements of our clients in a timely and cost-efficient manner, bringing increased predictability to their business. Each year we are publishing more than 100 syndicated reports in healthcare, chemicals, materials, food & beverages, defense & aerospace, media & entertainment, sports & fitness, and energy. We offer our clients a unique depth of knowledge and expertise around-
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Product Name - Isobutene
HS CODE - 29012990
Supplier Database - BASF, Evonik, LyondellBasell Industries., Global Bioenergies, ExxonMobil
Currency - US$ (Data can also be provided in local currency)
Supplier Database Availability - Yes
Customization Scope - Our services can be customized as per the requirements of the customer
Post-Sale Analyst Support - 360-degree analyst support after service delivery
Region/Countries for which Data is available
Asia Pacific: China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Iran, Thailand, South…
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