Trusted Business Insights answers what are the scenarios for growth and recovery and whether there will be any lasting structural impact from the unfolding crisis for the Isobutene market.
Trusted Business Insights presents an updated and Latest Study on Isobutene Market 2020-2029. The report contains market predictions related to market size, revenue, production, CAGR, Consumption, gross margin, price, and other substantial factors. While emphasizing the key driving and restraining forces for this market, the report also offers a complete study of the future trends and developments of the market. The report further elaborates on the micro and macroeconomic aspects including the socio-political landscape that is anticipated to shape the demand of the Isobutene market during the forecast period (2020-2029).
It also examines the role of the leading market players involved in the industry including their corporate overview, financial summary, and SWOT analysis.
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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
- Enterprise Products Partners
- Yuhua Group
- Sumitomo Chemical
- Yuhuang Chemical
- Qifa Chemical
- Sinopec Beijing Yanshan
- Weifang Binhai
Isobutene Breakdown Data by Type
- MTBE Cracking
- Tert-butanol (TBA)
Isobutene Breakdown Data by Application
- Butyl Rubber
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?
Quick Read Table of Contents of this Report @ Isobutene Market 2020 and Forecast 2021-2027
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