Which are the top Exporter of High Purity Isobutylene Market?
Browse Full Report - https://www.factmr.com/report/3786/isobutylene-market
Demand for isobutylene in the rubber industry is further gaining a boost from its bundled benefits such as low gas permeation and high-energy absorption (dampening) coupled with high hot tear strength.
Isobutylene has gained significant traction as an ideal ingredient for the production of butyl rubber, owing to its excellent vibration dampening property and high temperature resistivity. Moreover, as butyl rubber is made up of 98% from isobutylene, the market is projected to witness strong growth during the forecast period.
However, in 2020, the isobutylene market has been hit hard by the COVID-19 outbreak and subsequent fall in oil prices. Manufacturing operations across several end-use industries have been scaled down on the account of labor shortages and supply chain disruptions. The result has led to a decline in demand for isobutylene.
Key Takeaways of Isobutylene Market Study
On the basis of grade, 99% isobutylene is poised to experience a relatively high growth rate over the forecast period.
To remain ‘ahead’ of your competitors, request for a sample - https://www.factmr.com/connectus/sample?flag=S&rep_id=3786
Use of isobutylene as a fuel additive is set to account for nearly three-fourths of the global consumption by 2030.
The fuel industry remained a key consumption area of isobutylene during the historical period, reaching a volume of over 10 Mn tons in 2019.
Butyl rubber industry is set to emerge as a growth epicenter of the isobutylene market and expand at an impressive CAGR of ~6% during the forecast period.
In terms of both volume and value, East Asia has dominated the global isobutylene market and is projected to account for over half of the global consumption by 2030.
“Suring demand for high purity isobutylene for application in production of poly-isobutylene, methyl methacrylate, butyl rubber, cosmetic and lubricants is set to create ample opportunities for isobutylene suppliers
during the forecast period,
” says the Fact.MR analyst.
Market Players to Focus on Expansion of Production Capacities
To sustain the increasing demand for isobutylene from a range of industries including fuel, rubber, lubricants, and chemical, market players have been significantly focused on expanding their production capacities. For instance,
In 2019, Enterprise Products Partners LP expanded its production capacity to 425 kilo tons, which enhanced its market position over its competitors.
In 2019, Saudi Aramco announced to joint venture with Total Company to establish new production facility for poly-isobutylene.
In 2018, under its organic strategy, Nizhnekamskneftekhim expanded its isobutylene production capacity by 160 kilo tons, which has strengthened its market position across the globe.
Inline production capacity expansions by prominent manufacturers are thus poised to uplift the market growth during the forecast period.
For critical insights on this market, request for methodology here – https://www.factmr.com/connectus/sample?flag=RM&rep_id=3786
More Valuable Insights on IsobutyleneMarket:
Fact.MR, in its new offering, presents an unbiased analysis of the global isobutylene market, presenting historical demand data (2015-2019) and forecast statistics for the period of 2020-2030.
The study divulges essential insights on the isobutylene market on the basis of grade (99%), function (additive, intermediate and antioxidant) and end-use industry (fuel, rubber, chemical & cosmetics, lubricants, and others) across six major regions.
The High Purity Isobutylene Market research answers important questions, including the following:
1. Why High Purity Isobutylene Market players are focusing on the business expansion in region?
2. Which regulatory authorities have granted approval to the application of High Purity Isobutylene Market
3. What are the pros and cons of the High Purity Isobutylene Market the environment?
4. Why players are targeting the production of segment?
5. What are the strategies implemented by emerging players in the global High Purity Isobutylene Market?
Full Access of this Exclusive Report is Available at- https://www.factmr.com/checkout/3786
The High Purity Isobutylene Market report serves the readers with the following data:
• In-depth analysis of supply-side and demand-side trends.
• Direct and indirect impacts of the growth of relevant markets on the High Purity Isobutylene Market.
• Importance of segment in various regions.
• Accurate Y-o-Y growth of the global High Purity Isobutylene Market.
• Consumption trends among individuals across the globe.
US Sales Office:
11140 Rockville Pike
Rockville, MD 20852
Tel: +1 (628) 251-1583
Unit No: AU-01-H Gold Tower (AU),
Plot No: JLT-PH1-I3A,
Jumeirah Lakes Towers,
Dubai, United Arab Emirates
Visit Our Website: https://www.factmr.com
Research Insight: https://www.factmr.com/report/3786/isobutylene-market
Content Source: https://www.factmr.com/media-release/1611/global-isobutylene-market
Market research and consulting agency with a difference! That’s why 80% of Fortune 1,000 companies trust us for making their most critical decisions. While our experienced consultants employ the latest technologies to extract hard-to-find insights, we believe our USP is the trust clients have on our expertise. Spanning a wide range – from automotive & industry 4.0 to healthcare & retail, our coverage is expansive, but we ensure even the most niche categories are analyzed. Our sales offices in United States and Dublin, Ireland. Headquarter based in Dubai, UAE. Reach out to us with your goals, and we’ll be an able research partner.
This release was published on openPR.
Permanent link to this press release:
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Which are the top Exporter of High Purity Isobutylene Market? here
News-ID: 2303203 • Views: 100
More Releases from Fact.mr
Global Alexandrite Gemstone Lasers Market to Exhibit 7% CAGR through 2030 | Quan …
Product launches in the alexandrite gemstone lasers market are precisely governed by positive regulations whose approval is required for any. Over the last few years, leading players in the alexandrite gemstone lasers market have established regulatory approvals across the globe, which has facilitated them to launch various products in the market. Click here to Get Complete Synopsis of the Report – https://www.factmr.com/report/870/alexandrite-gemstone-lasers-market The launch of new products brings in new technology,
How Can Market Players Capture the Low-Hanging Opportunities in the Massive Wood …
Demand for massive wood slabs is projected to witness significant increment, globally, over the forecast period, due to increasing preference for wooden furniture among consumers, especially in developed regions. Rapid urbanization and improved lifestyle in these regions have led to significant upsurge in demand for wooden furniture, which has subsequently increased demand for massive wood slabs. Click here to Get Complete Synopsis of the Report – https://www.factmr.com/report/1631/massive-wood-slabs-market As such, manufacturers have
Pharmaceutical Packaging Market Study including Growth Factors, New Top Players, …
Invigorated by amplified demand for developing convenient and sustainable packaging solutions for products such as pre-filed syringes, and auto-injectors, the global pharmaceutical packaging market will exhibit prolific growth during 2019 – 2029. Fact.MR projects the growth rate of pharmaceutical packaging market at approximately 8% over the forecast period. “Rising economic wealth, consumer sentience and global population are propelling the growth of pharmaceutical packaging market. The millennial population in emerging economies in
Hyperspectral Imaging Market Business Overview By Top Key Players - Airbus Defen …
Backed by increasing demand for efficient imagery analytics from industry clusters, the hyperspectral imaging market is witnessing an upsurge. Projecting the market growth at a steady CAGR of 5% from 2019 to 2029, a new report by Fact.MR provides an inclusive analysis of the hyperspectral imaging market. The growth is primarily fueled by equal demand from private companies and governments, which are leveraging on the benefits of the technology, to
More Releases for Isobutylene
Isobutylene Market Size, Share, Technological Innovations & Growth Forecasts 202 …
Facto Market Insights published a title on “Global Isobutylene Market – 2020-2028”, to its collection. The study on the global isobutylene market defines the analysis of all the segments, along with the market sizing, year-over-year growth analysis and structure of the industry. The research report also includes the analysis of geographical manufacturers & new market players, covering all the data & information suitable for the clients to make strategic business
Global Isobutylene and its Derivatives Market to Witness a Pronounce Growth Duri …
LP INFORMATION recently released a research report on the Isobutylene and its Derivatives market analysis, which studies the Isobutylene and its Derivatives's industry coverage, current market competitive status, and market outlook and forecast by 2025. Global "Isobutylene and its Derivatives Market 2020-2025" Research Report categorizes the global Isobutylene and its Derivatives market by key players, product type, applications and regions,etc. The report also covers the latest
Global Isobutylene and Derivatives Market Huge Growth Opportunity between 2020-2 …
LP INFORMATION recently released a research report on the Isobutylene and Derivatives market analysis, which studies the Isobutylene and Derivatives's industry coverage, current market competitive status, and market outlook and forecast by 2025. Global "Isobutylene and Derivatives Market 2020-2025" Research Report categorizes the global Isobutylene and Derivatives market by key players, product type, applications and regions,etc. The report also covers the latest industry data, key players
Global Isobutylene Industry Depth Survey Report 2019
The report on the global Isobutylene market has been prepared by experienced and knowledgeable market analysts and researchers. It is a phenomenal compilation of important studies that explore the competitive landscape, segmentation, geographical expansion, and revenue, production, and consumption growth of the global Isobutylene market. Players can use the accurate market facts and figures and statistical studies provided in the report to understand the current and future growth of the
High Purity Isobutylene market 2018-19 Qixiang Tengda Chemical,TASCO ,Sumitomo C …
High Purity Isobutylene market Competitor Analysis: Global High Purity Isobutylene market 2019 by Future Market Reports presents a professional and complete analysis of on the current Industry situation. The Global report includes High Purity Isobutylene Revenue, market Share, industry volume, Trends, Growth aspects. It analyses the important factors of the based on present industry situations, demands, business strategies utilized by High Purity Isobutylene market players and the future prospects from various
Global High Purity Isobutylene (HPIB) Market Analysis, Growth, Trend and Researc …
Researchmoz added Most up-to-date research on "Global High Purity Isobutylene (HPIB) Market Research Report 2017" to its huge collection of research reports. In this report, the global High Purity Isobutylene (HPIB) market is valued at USD XX million in 2016 and is expected to reach USD XX million by the end of 2022, growing at a CAGR of XX% between 2016 and 2022. Geographically, this report is segmented into several key Regions,