Isobutene Market 2020 and Forecast 2021-2027

                                          
Isobutylene (or 2-methylpropene) is a hydrocarbon of industrial significance. It is a four-carbon branched alkene (olefin), one of the four isomers of butylene. At standard temperature and pressure it is a colorless flammable gas.

Lyondell Basell was the worlds biggest manufacturer in the Isobutene industry, accounted for 28% market share of the global market, followed by TPC Group, Exxon Mobil, Nizhnekamskneftekhim, Enterprise Products Partners,Evonik, Yuhua Group, Sumitomo Chemical, Yuhuang Chemical, Qifa Chemical, Songwon, Qixiang, Sinopec Beijing Yanshan, Weifang Binhai.The top 5 companies had a combined market share of 62% of the global total. North America was the largest consumption and production area in the world in 2018.

Market Analysis and Insights: Global Isobutene Market


The global Isobutene market size is projected to reach US$ 2296.6 million by 2026, from US$ 2150.7 million in 2020, at a CAGR of 1.1% during 2021-2026.

Global Isobutene Scope and Segment

Isobutene market is segmented by Type, and by Application. Players, stakeholders, and other participants in the global Isobutene market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on production capacity, revenue and forecast by Type and by Application for the period 2015-2026.

The following manufacturers are covered in this report:

 	
Lyondell Basell
 	
TPC Group
 	
Exxon Mobil
 	
Nizhnekamskneftekhim
 	
Enterprise Products Partners
 	
Evonik
 	
Yuhua Group
 	
Sumitomo Chemical
 	
Yuhuang Chemical
 	
Qifa Chemical
 	
Songwon
 	
Qixiang
 	
Sinopec Beijing Yanshan
 	
Weifang Binhai

Isobutene Breakdown Data by Type

 	
MTBE Cracking
 	
Tert-butanol (TBA)

Isobutene Breakdown Data by Application

 	
Butyl Rubber
 	
MMA
 	
PIB
 	
Other

Regional and Country-level Analysis

The Isobutene market is analysed and market size information is provided by regions (countries).
The key regions covered in the Isobutene market report are North America, Europe, China, Japan, South Korea and Russia. It also covers key regions (countries), viz, the U.S., Canada, Germany, France, U.K., Italy, Russia, China, Japan, South Korea, India, Australia, Taiwan, Indonesia, Thailand, Malaysia, Philippines, Vietnam, Mexico, Brazil, Turkey, Saudi Arabia, U.A.E, etc.
The report includes country-wise and region-wise market size for the period 2015-2026. It also includes market size and forecast by Type, and by Application segment in terms of production capacity, price and revenue for the period 2015-2026.

Competitive Landscape and Isobutene Market Share Analysis
This research comprehensively answers the following 9 important questions:

 	
Q.1. What are some of the most promising growth trends in the Isobutene market worldwide?
 	
Q.2.Which segments and sub-segments will grow at a faster pace and why? Which segment is nearing the peak and demand saturation?
 	
Q.3.Which region will witness a higher growth rate and why? Which region might see a slower or negative growth region?
 	
Q.4.What are the key factors affecting market dynamics? What are the drivers, challenges, and business risks in Isobutene market?
 	
Q.5.What are the business risks and who pose challenges to the global leaders and are competitive threats in this Isobutene market?
 	
Q.6.What are the emerging trends post COVID-19 reshuffle in this Isobutene market and the what are reasons behind these trends and do they translate in global exploration?
 	
Q.7. Who are the major global and regional players in the Isobutene market? Which are the strategic initiatives key players are pursuing for business growth?
 	
Q.8.Which are the competing products in Isobutene market and how big of a threat do they pose for loss of market share by material or product substitution?
 	
Q.9.What M & A activity has occurred in the last 5 years and what is its impact on the Isobutene industry?