Insights and Prediction of Isobutene Global Market Report (2020-2027)
From an insight perspective, this research report has focused on various levels of analysis—industry trends analysis, top players analysis, company profiles, which discuss the basic views on the competitive landscape, emerging and high-growth segments of Isobutene market, and high-growth regions; and drivers, restraints, challenges, and opportunities pertaining to Isobutene market.
As an industrially important hydrocarbon, the chemical has a wide range of applications in the automotive, aerospace and pharmaceutical industries. It is produced during the fractionation of refinery gases and in catalytic cracking processes using methyl tertiary butyl ether (MTBE). The global market is expected to witness significant growth owing to its wide application in numerous sectors such as fuel additives, polymers, and agriculture. The global isobutylene market size is expected to reach $21 billion by 2025. Asia Pacific has the largest automotive market. Rising per capita disposable income, coupled with strong manufacturing growth in the region, is expected to drive product demand in Asia Pacific. Several Southeast Asian countries are working to develop their automotive sector. The governments of these countries have been focusing on trade liberalization schemes and policy frameworks.
Isobutylene is primarily used in the production of butyl rubber and as an intermediate in the manufacture of methyl tertiary butyl ether. These products are widely used in plastic packaging, hot melt adhesives, compounds and masterbatches, and in niche areas such as electrical insulation, compression packaging, and wire and cable.
High demand from end-use industries such as automotive and aerospace is expected to drive the industry. Isobutylene and its derivatives are sustainable materials and environment-friendly, and governments are also boosting the isobutylene market by providing incentives and tax benefits to produce isobutylene from renewable resources.
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The leading companies in the Isobutene market cover
Sinopec Beijing Yanshan
Enterprise Products Partners
Table of Content
1 Report Overview
1.1 Product Definition and Scope
1.2 PEST (Political, Economic, Social and Technological) Analysis of Isobutene Market
2 Market Trends and Competitive Landscape
3 Segmentation of Isobutene Market by Types
4 Segmentation of Isobutene Market by End-Users
5 Market Analysis by Major Regions
6 Product Commodity of Isobutene Market in Major Countries
7 North America Isobutene Landscape Analysis
8 Europe Isobutene Landscape Analysis
9 Asia Pacific Isobutene Landscape Analysis
10 Latin America, Middle East & Africa Isobutene Landscape Analysis
11 Major Players Profile
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Major countries of North America, Europe, Asia Pacific, and the rest of the world are all exhaustive analyzed in the report. Apart from this, policy mobilization, social dynamics, development trends, and economic development in these countries are also taken into consideration.
In-depth Isobutene Market Report: Intended Audience
Downstream vendors and end-users
Traders, distributors, and resellers of Isobutene
Isobutene industry associations and research organizations
Product managers, Isobutene industry administrator, C-level executives of the industries
Market Research and consulting firms
Key Features of the Isobutene Market Report
-Report customization as per the client’s requirements
-Analysis of product segments for Isobutene market with historical data and forecast
-Learn about the various market strategies that are being adopted by leading companies.
-Global Isobutene market size & trends, drivers, constraints, growth opportunities, regional and country level analysis, investment opportunities, and recommendations
-It provides a six-year forecast based on Isobutene market growth forecasts
Available Customizations – Market Monitor offers customizations according to the company's specific needs.
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