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Industrial Isobutylene Market Revenue, Insights, Overview, Outlook, Analysis | Valuates Reports
Industrial Isobutylene MarketIndustrial isobutylene, also known as 2-methylpropene, is a hydrocarbon compound with the chemical formula C4H8. It is a colorless and flammable gas that is commonly used in various industrial applications, particularly in the production of synthetic rubber, fuel additives, and other chemicals.
Industrial Isobutylene market is projected to reach US$ million in 2029, increasing from US$ million in 2022, with the CAGR of % during the period of 2023 to 2029. Influencing issues, such as economy environments, COVID-19 and Russia-Ukraine War, have led to great market fluctuations in the past few years and are considered comprehensively in the whole Industrial Isobutylene market research.
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Key manufacturers engaged in the Industrial Isobutylene industry include Lyondell Basell, ExxonMobil Chemical, TPC Group, Nizhnekamskneftekhim, Sumitomo Chemical, Evonik, Yeochun NCC, TASCO Group and Chevron Phillips Chemical Company, etc. Among those manufacturers, the top 3 players guaranteed % supply worldwide in 2022.
For production bases, global Industrial Isobutylene production is dominated by and . The two regions contributed to % production share globally in 2022.
When refers to consumption region, % volume of Industrial Isobutylene were sold to North America, Europe and Asia Pacific in 2022. Moreover, China, plays a key role in the whole Industrial Isobutylene market and estimated to attract more attentions from industry insiders and investors.
By Type
• High Purity
• Low Purity
By Application
• Synthetic Rubber
• Fuel Additives
Key Companies
Lyondell Basell, ExxonMobil Chemical, TPC Group, Nizhnekamskneftekhim, Sumitomo Chemical, Evonik, Yeochun NCC, TASCO Group, Chevron Phillips Chemical Company, Sinopec, Chambroad Petrochemicals, Qixiang Tengda, Haode Chemical, Chengtai New Material
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