Title: Isobutylene Market Size, Share, Analysis and Forecast, 2030
1Isobutylene Market Analysis Plant Capacity,
Production, Operating Efficiency, Technology,
Demand Supply, End-User Industries,
Distribution Channel, Regional Demand, 2015-2030
2Global isobutylene demand is projected to grow at
a healthy CAGR of 4.01. Isobutylene (or
2-methylpropene) is a highly inflammable,
colourless gas with a pungent odour. It is used
in the production of a variety of products as it
is alkylated with butane to produce isooctane or
dimerized to diisobutylene (DIB) and then
hydrogenated to make isooctane, a fuel additive.
Polymerization of isobutylene produces butyl
rubber (polyisobutylene or PIB). Antioxidants
such as butylated hydroxytoluene (BHT) and
butylated hydroxyanisole (BHA) are produced by
Friedel-Crafts alkylation of phenols with
isobutylene and it is also used in the production
of methacrolein, MTBE and ETBE. There are huge
applications of isobutylene in Automotive,
Aerospace, Antioxidants, Pharmaceuticals and is
also useful for various niche applications, such
as wires and cables, compression packaging, and
electrical insulation. Automotive comes as the
leading application segment accounting for a
major part of the isobutylene market whereas,
MTBE is the chief product accounting major part
of the overall volume. Due to its considerable
industrial value, there is an impeccable growth
in its demand in the past few years. In 2020,
because of the outbreak of corona virus in major
global economies, there is a huge impact on the
demand and production of various products.
Nationwide shutdowns affected electronics,
automobiles, transport, and construction sectors
and decline in the demand of electronics,
chemicals and automobiles impacted the demand of
global isobutylene market adversely. However, a
positive trend has been witnessed in the demand
and supply of isobutylene since the manufacturing
plants got operational and there is relaxation in
lockdown. Increasing demand for isobutylene in
production of antioxidants, fragrances, gas
odorization products and in the form of a fuel
additive in the aerospace and automotive industry
is set to boost the market growth during the
forecast period. Regional Outlook Region wise,
Europe and North America are estimated to account
for most of the demand in the global isobutylene
market due to its high demand from the automotive
and aerospace industry. However, the growth
prospect of Asia Pacific is highly promising and
is likely to exhibit rapid growth over the period
of analysis. Moreover, China is one of the
leading manufacturers as well as consumer of
isobutylene and is estimated to drive the demand
in the isobutylene market in Asia Pacific. Years
considered for this report Historical Period
2015-2019 Base Year 2020 Estimated Year
2021 Forecast Period 20222030
3Objective of the Study To assess the
demand-supply scenario of isobutylene which
covers production, demand and supply of
isobutylene market globally.
4- To analyse and forecast the market size of
isobutylene. - To identify drivers and challenges for global
isobutylene market. - To examine competitive developments such as
expansions, new product launches, mergers
acquisitions, etc., in global isobutylene market. - To identify and analyse the profile of leading
players involved in the manufacturing of
isobutylene.
5- Major Players
- BASF Group
- Exxon Mobil Corporation
- LyondellBasell Industries
- Honeywell International
- Shandong Shouguang Luqing Petrochemical Co. Ltd
- Zoucheng Qifa Chemical Co. Ltd. and others.
- To extract data for global Isobutylene market,
primary research surveys were conducted with
Isobutylene manufacturers, suppliers,
distributors, wholesalers and end users. While
interviewing, the respondents were also inquired
about their competitors. Through this technique,
ChemAnalyst was able to include manufacturers
that could not be identified due to the
limitations of secondary research. Moreover,
ChemAnalyst analyzed various end user segments
and projected a positive outlook for Global
Isobutylene market over the coming years. -
- ChemAnalyst calculated Isobutylene demand
globally by analyzing the historical data and
demand forecast which was carried out considering
imported Isobutylene, styrene prices, monomers
used for production of Isobutylene. ChemAnalyst
sourced these values from industry experts and
company representatives and externally validated
through analyzing historical sales data of
respective manufacturers to arrive at the overall
market size. Various secondary sources such as
company websites, association reports, annual
reports, etc., were also studied by ChemAnalyst. - Key Target Audience
-
- Isobutylene manufacturers and other stakeholders
- Organizations, forums and alliances related to
Isobutylene distribution - Government bodies such as regulating authorities
and policy makers - Market research organizations and consulting
companies -
6Report Scope In this report, global
isobutylene market has been segmented into
following categories, in addition to the industry
trends which have also been detailed below
Attribute Details
Growth Rate CAGR of 4.01. from 2021 to 2030
Base year for estimation 2020
Historic Data 2015 2019
Forecast period 2022 2030
Quantitative units Demand in thousand tonnes and CAGR from 2021 to 2030
Report coverage Revenue forecast, demand supply, competitive analysis, competitive landscape, growth factors, and trends
Segments covered Application (Polyisobutylene or PIB, Fuel additive BHA, BHT, MTBE and ETBE) End Use (Automotive, Aerospace, Electronics, Chemical and Cosmetics, Pharmaceuticals, Energy, and others) Sales Channel (Distributor and Trader, Direct Company Sales, Direct Import)
Regional scope North America Europe Asia Pacific South America Middle East Africa
Country scope United States Mexico Canada China India Japan South Korea Taiwan Singapore Germany Belgium France United Kingdom Spain Italy Sweden Austria Saudi Arabia Iran South Africa Brazil Argentina
Key companies profiled BASF Group, Exxon Mobil Corporation, LyondellBasell Industries, Honeywell International, Shandong Shouguang Luqing Petrochemical Co. Ltd, Zoucheng Qifa Chemical Co. Ltd. and others.
Customization scope Free report customization with purchase. Addition or alteration to country, regional segment scope.
Pricing and purchase options Avail customized purchase options to meet your exact research needs. Explore purchase options
7- TABLE OF CONTENTS
- Global Isobutylene Market Outlook, 2015-2030
- Global Isobutylene Demand Outlook, 2015-2030, By
Volume - North America Isobutylene Market Outlook,
2015-2030 - North America Isobutylene Demand Outlook,
2015-2030, By Volume - Asia Pacific Isobutylene Market Outlook,
2015-2030 - Asia Pacific Isobutylene Demand Outlook,
2015-2030, By Volume - Europe Isobutylene Market Outlook, 2015-2030
- Europe Isobutylene Demand Outlook, 2015-2030, By
Volume - MEA Isobutylene Market Outlook, 2015-2030
- MEA Isobutylene Demand Outlook, 2015-2030, By
Volume - South America Isobutylene Market Outlook,
2015-2030 - South America Isobutylene Demand Outlook,
2015-2030, By Volume - Country-wise Import
- Country-wise Export
- News and Deals
8METHODOLOGY
9- ChemAnalyst identify firm planned capacities,
planned expansions and closures in identified
geographies and also provide list of idling
capacities wherever applicable. ChemAnalyst
derive segment-wise product demand profile
based on past user industry data, capacity
utilization year-wise growth rates for last 10
years including current year. - Finally, ChemAnalyst project future growth
considering potential new applications up to next
15 years, along with detailed basis / assumption
for arriving at the projected growth rates.
Current sources of products import along with
logistics details of shipping aspect, inland
transportation and cost details has been taken
through primary research. Export destinations to
be targeted based on market study have been
listed. Details of shipping aspect, inland
transportation and cost details etc. will be
based on primary research. - Demand Production Import Export Inventory
- Demand Supply Gap Production - Demand
- ChemAnalyst Research perform periodical checks on
data being collected through surveys with logic
checks and analyze survey results and data
generated through its proprietary database. - ChemAnalyst will also use data triangulation
technique to fill the gaps and to present the
more meaning picture of the market. - ChemAnalyst will deliver the final comprehensive
project report in online digital format.
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detailed analysis of company activity and
industry trends, the result is a uniquely rich
evaluation of the opportunities available in the
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