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Isobutene Trends and Forecast
The future of the global isobutene market looks promising with opportunities in the automotive, aerospace, antioxidants, and pharmaceuticals markets. The global isobutene market is expected to grow with a CAGR of 5.5% from 2024 to 2030. The major drivers for this market are growing demand from end-use industries and increasing automotive and aerospace industry and manufacturing of tires and tubes.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Isobutene by Segment
The study includes a forecast for the global isobutene by product type, application, and region.
Isobutene Market by Product Type [Shipment Analysis by Value from 2018 to 2030]:
• Methyl Tert-Butyl Ether (MTBE)
• Ethyl Tert-Butyl Ether (ETBE)
Isobutene Market by Application [Shipment Analysis by Value from 2018 to 2030]:
• Automotive
• Aerospace
• Antioxidants
• Pharmaceuticals
Isobutene Market by Region [Shipment Analysis by Value from 2018 to 2030]:
• North America
• Europe
• Asia Pacific
• The Rest of the World
List of Isobutene Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies isobutene companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the isobutene companies profiled in this report include-
• Basf
• Evonik
• Exxonmobil
• Abi Chemicals
• Global Bioenergies
Isobutene Market Insights
Lucintel forecasts that methyl tert-butyl ether (MTBE) is expected to witness the highest growth over the forecast period due to broad application scope in end-use industries.
Within this market, automotive will remain the largest segment due to minimal permeability in gases and liquids, chemical resistance, and superior damping.
North America is expected to witness highest growth over the forecast period due to the more spending on passenger cars and light vehicles.
Features of the Global Isobutene Market
Market Size Estimates: Isobutene market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Isobutene market size by product type, application, and region in terms of value ($B).
Regional Analysis: Isobutene market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different product type, application, and regions for the isobutene market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the isobutene market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the growth forecast for isobutene market?
Answer: The global isobutene market is expected to grow with a CAGR of 5.5% from 2024 to 2030.
Q2. What are the major drivers influencing the growth of the isobutene market?
Answer: The major drivers for this market are growing demand from end-use industries and increasing automotive and aerospace industry and manufacturing of tires and tubes.
Q3. What are the major segments for isobutene market?
Answer: The future of the isobutene market looks promising with opportunities in the automotive, aerospace, antioxidants, and pharmaceuticals markets.
Q4. Who are the key isobutene market companies?
Answer: Some of the key isobutene companies are as follows:
• Basf
• Evonik
• Exxonmobil
• Abi Chemicals
• Global Bioenergies
Q5. Which isobutene market segment will be the largest in future?
Answer: Lucintel forecasts that methyl tert-butyl ether (MTBE) is expected to witness the highest growth over the forecast period due to broad application scope in end-use industries.
Q6. In isobutene market, which region is expected to be the largest in next 5 years?
Answer: North America is expected to witness highest growth over the forecast period due to the more spending on passenger cars and light vehicles.
Q7. Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the isobutene market by product type (methyl tert-butyl ether (MTBE) and ethyl tert-butyl ether (ETBE)), application (automotive, aerospace, antioxidants, and pharmaceuticals), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
For any questions related to Isobutene Market, Isobutene Market Size, Isobutene Market Growth, Isobutene Market Analysis, Isobutene Market Report, Isobutene Market Share, Isobutene Market Trends, Isobutene Market Forecast, Isobutene Companies, write Lucintel analyst at email: helpdesk@lucintel.com. We will be glad to get back to you soon.
Table of Contents
1. Executive Summary
2. Global Isobutene Market : Market Dynamics
2.1: Introduction, Background, and Classifications
2.2: Supply Chain
2.3: Industry Drivers and Challenges
3. Market Trends and Forecast Analysis from 2018 to 2030
3.1. Macroeconomic Trends (2018-2023) and Forecast (2024-2030)
3.2. Global Isobutene Market Trends (2018-2023) and Forecast (2024-2030)
3.3: Global Isobutene Market by Product Type
3.3.1: Methyl tert-butyl ether (MTBE)
3.3.2: Ethyl tert-butyl ether (ETBE)
3.4: Global Isobutene Market by Application
3.4.1: Automotive
3.4.2: Aerospace
3.4.3: Antioxidants
3.4.4: Pharmaceuticals
4. Market Trends and Forecast Analysis by Region from 2018 to 2030
4.1: Global Isobutene Market by Region
4.2: North American Isobutene Market
4.2.2: North American Isobutene Market by Application: Automotive, Aerospace, Antioxidants, and Pharmaceuticals
4.3: European Isobutene Market
4.3.1: European Isobutene Market by Product Type: Methyl tert-butyl ether (MTBE) and Ethyl tert-butyl ether (ETBE)
4.3.2: European Isobutene Market by Application: Automotive, Aerospace, Antioxidants, and Pharmaceuticals
4.4: APAC Isobutene Market
4.4.1: APAC Isobutene Market by Product Type: Methyl tert-butyl ether (MTBE) and Ethyl tert-butyl ether (ETBE)
4.4.2: APAC Isobutene Market by Application: Automotive, Aerospace, Antioxidants, and Pharmaceuticals
4.5: ROW Isobutene Market
4.5.1: ROW Isobutene Market by Product Type: Methyl tert-butyl ether (MTBE) and Ethyl tert-butyl ether (ETBE)
4.5.2: ROW Isobutene Market by Application: Automotive, Aerospace, Antioxidants, and Pharmaceuticals
5. Competitor Analysis
5.1: Product Portfolio Analysis
5.2: Operational Integration
5.3: Porter’s Five Forces Analysis
6. Growth Opportunities and Strategic Analysis
6.1: Growth Opportunity Analysis
6.1.1: Growth Opportunities for the Global Isobutene Market by Product Type
6.1.2: Growth Opportunities for the Global Isobutene Market by Application
6.1.3: Growth Opportunities for the Global Isobutene Market by Region
6.2: Emerging Trends in the Global Isobutene Market
6.3: Strategic Analysis
6.3.1: New Product Development
6.3.2: Capacity Expansion of the Global Isobutene Market
6.3.3: Mergers, Acquisitions, and Joint Ventures in the Global Isobutene Market
6.3.4: Certification and Licensing
7. Company Profiles of Leading Players
7.1: BASF
7.2: Evonik
7.3: ExxonMobil
7.4: ABI Chemicals
7.5: Global Bioenergies
.
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Lucintel has been in the business of market research and management consulting since 2000 and has published over 1000 market intelligence reports in various markets / applications and served over 1,000 clients worldwide. This study is a culmination of four months of full-time effort performed by Lucintel's analyst team. The analysts used the following sources for the creation and completion of this valuable report:
In-depth interviews of the major players in this market
Detailed secondary research from competitors’ financial statements and published data
Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
A compilation of the experiences, judgments, and insights of Lucintel’s professionals, who have analyzed and tracked this market over the years.
Extensive research and interviews are conducted across the supply chain of this market to estimate market share, market size, trends, drivers, challenges, and forecasts. Below is a brief summary of the primary interviews that were conducted by job function for this report.
Thus, Lucintel compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. Lucintel then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process. The figure below is a graphical representation of Lucintel’s research process.
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