Here’s how the Global Bio-Isobutene Market is Astronomically Growing

Bio-Isobutene is a chemical formed through the fermentation of renewable resources, and various industries, such as rubber, transportation, and cosmetic, use it. The rapid growth of the Global Bio-isobutene market primarily attributes to its surging use as a fuel additive in aerospace and increasing demand for eco-friendly & socio-economic sustainable renewable resources.

Moreover, stringent policies and soaring government support for developing cleaner & alternate fuel due to rapidly increasing greenhouse gas emissions & oil-sourced fuel consumption are factors further likely to boost the demand for bio-isobutene.

According to the MarkNtel Advisors' research report, "Global Bio-Isobutene Market Analysis, 2021," the market is likely to grow at a CAGR of more than 100% during 2021-26 on account of the increasing production of isobutene polymers due to burgeoning application in rubbers, cosmetics, and plastics, surging inclination to rise in the proportion of biofuel in diesel and jet fuel. According to EIA, the percentage of biofuel is likely to reach 9.0% in 2040 from 7.3% in 2019.

Get the sample copy of the market analysis: https://www.marknteladvisors.com/query/request-sample/global-bio-isobutene-market.html

Key questions answered in the study
1. What are the current and future trends in the global Bio-Isobutene market?
2. How has the market been evolving in terms of end-user demand and application areas?
3. How has the competition been shaping across the countries, followed by their comparative factorial indexing?
4. What are the key growth drivers and challenges for the global Bio-Isobutene market?
5. What are the customer orientation, purchase behavior, and expectations from the global Bio-Isobutene market service provider across various regions?

"Global Bio-Isobutene Market Analysis, 2021" provides comprehensive qualitative and quantitative insights on the market potential, key factors impacting the market growth, hotspots, and opportunities available for Bio-Isobutene providers across the globe. Moreover, the report also encompasses the key strategic imperatives for the competitors' success and strategic factorial indexing measuring competitors' capabilities on 16 parameters, which will help companies formulate 'Go to Market' strategies and identify the blue ocean for their offerings.

For more details: https://www.marknteladvisors.com/research-library/global-bio-isobutene-market.html

Some of the major leading players contributing to the growth of the global Bio-Isobutene market are Butamax Advanced Biofuels, Eastman Chemical Company, INEOS, Sinopec, BASF SE, Corp, Exxon Mobil Corporation, Dow Chemicals, LanzaTech Inc., Songwon Industrial, LLC, Clariant, Lanxess AG, Gevo, Inc., Butagaz, Global Bioenergies, etc.

Market Segmentation:
1. By Type (Straw derived Bio-Isobutene, Sugar beet and Sugar cane derived Bio-Isobutene, Wood derived Bio-Isobutene, Cereals derived Bio-Isobutene, Tubers derived Bio-Isobutene)
2. By End-User (Fuel, Lubricant Additives, Bio-Based Cosmetic Ingredients, Butyl Rubber, Organic Glass, Bio-Based Plastics)
3. By Region (North America, South America, Europe, Asia-Pacific, Middle East & Africa)
4. By Country (US, Canada, Mexico, Brazil, Germany, France, The UK, Italy, Spain, GCC, South Africa, India, China, South Korea, Japan)
5. By Competitors (Dow Chemicals, Gevo, Inc., Butagaz, Global Bioenergies, BASF SE, Clariant, Lanxess AG, Eastman Chemical Company, Exxon Mobil Corporation, LanzaTech Inc., Songwon Industrial, Butamax Advanced Biofuels, LLC, INEOS, Sinopec Corp)

MarkNtel Advisors
1147 88AVE, Delta, British Columbia, BC,V4C,3B8, CANADA
Email: sales@marknteladvisors.com
Tel: +1613-707-5086
Website: https://www.marknteladvisors.com

MarkNtel Advisors is a leading research, consulting and data analytics firm that provides a wide range of strategic reports on diverse industry verticals to a substantial and varied client base that includes multinational corporations, financial institutions, governments, and individuals.

We specialize in niche industries and emerging geographies to support our clients in the formulation of strategies viz. Go to Market (GTM), product development, feasibility analysis, project scoping, market segmentation, competitive benchmarking, market sizing & forecasting, trend analysis, etc. in around 15 industry verticals to enable our clients in identifying attractive investment opportunities and maximizing ROI through an early mover advantage.

This release was published on openPR.