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Global Isobutane Market Research Report 2025-2032 (Status and Outlook)

01-03-2025 01:39 PM CET | Chemicals & Materials

Press release from: 24chemicalresearch

Isobutane Market Size,Demand & Supply, Regional and Competitive Analysis 2025-2032

Isobutane Market Size,Demand & Supply, Regional and Competitive Analysis 2025-2032

In 2023, the Global Isobutane market was valued at US$ 16791 Million.

The Market is Projected to reach US$ 24518 Million by 2030, growing at a compound annual growth rate (CAGR) of 5.6 % during the forecast period.

Get Free Report Sample PDF https://www.24chemicalresearch.com/download-sample/274427/global-isobutane-market-2024-2030-360

Isobutane, also known as i-butane, 2-methylpropane or methylpropane, is a chemical compound with molecular formula HC (CH3)3. It is an isomer of butane. The production and consumption of isobutane, a vital hydrocarbon with a wide range of uses, constitute the core activities of the global isobutane industry, which is a part of the petrochemical sector. 2-methylpropane, another name for isobutane, is a branched-chain alkane that finds extensive use in a variety of industries. Because of its effective thermodynamic qualities, it is mostly employed as a refrigerant in air conditioning and refrigeration systems. Isobutane is used as a feedstock in the petrochemical industry to produce butylenes, which are necessary for the synthesis of several chemicals and polymers, such as butyl rubber and polypropylene.

Competitive Analysis
Air Liquide
BP
Chevron
CNOOC
ConocoPhillips
ExxonMobil
Linde
Petrobras
Praxair Technology
Reliance Industries
Saudi Aramco
Shell
Sinopec
Taiyo Nippon Sanso Corporation
TotalEnergies
Other Key Players

Total Market by Segment:

By Type
Reagent Grade
Industrial Grade

By Application
Refrigeration and Air Conditioning
Aerosol Propellant
Refineries
Petroleum Chemical Industry
Blended Fuel

By Source
Synthetic Source
Bio-based Source

Get Free Report Sample PDF https://www.24chemicalresearch.com/download-sample/274427/global-isobutane-market-2024-2030-360

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24chemicalresearch was founded in 2015 and has quickly established itself as a leader in the chemical industry segment, delivering comprehensive market research reports to clients. Our reports have consistently provided valuable insights, aiding our clients, including over 30 Fortune 500 companies, in achieving significant business growth.

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