In this report, LP Information covers the present scenario (with the base year being 2017) and the growth prospects of global Isobutene market for 2018-2023.
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.
The classification of Isobutene includes MTBE Cracking, Tert-butanol (TBA), and the proportion of MTBE Cracking in 2017 is about 73.9%, However, growing concerns regarding groundwater contamination caused due to leakage of MTBE coupled with increasing popularity of ethanol as a gasoline blending agent is expected to segment impact growth negatively.
Isobutene is widely used in Butyl Rubber, MMA, PIB and other. The most proportion of Isobutene is used in Butyl Rubber, and the consumption proportion is about 54.2% in 2017.
North America is the largest supplier of Isobutene, with a production market share 42%. The second place is Europe, following North America with the production market share of 31%.
Over the next five years, LPI(LP Information) projects that Isobutene will register a 5.5% CAGR in terms of revenue, reach US$ 6260 million by 2023, from US$ 4540 million in 2017.
This report presents a comprehensive overview, market shares, and growth opportunities of Isobutene market by product type, application, key manufacturers and key regions.
To calculate the market size, LP Information considers value and volume generated from the sales of the following segments:
Segmentation by product type:
Segmentation by application:
This report also splits the market by region:
Middle East & Africa
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report:
Enterprise Products Partners
Sinopec Beijing Yanshan
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
To study and analyze the global Isobutene consumption (value & volume) by key regions/countries, product type and application, history data from 2013 to 2017, and forecast to 2023.
To understand the structure of Isobutene market by identifying its various subsegments.
Focuses on the key global Isobutene manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Isobutene with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Isobutene submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.