The report predicts the global Isobutylene and its Derivatives Market to grow at a healthy CAGR over the forecast period from 2022 to 2031.
Isobutylene and its Derivatives Market by Type (Isobutylene, MTBE, HP-MTBE (High Purity MTBE), PTBP (Para-tertiary butylphenol), OTBP (O-Tert-Butyl Phenol), Diisobutylene (Isooctene) (DIB), Others) Application (Butyl Rubber, Gasoline Blending, Chemical Industry, Pharmaceutical Industry, Others) – Global Industry Analysis & Forecast to 2031
Industry Outlook and Trend Analysis
The Isobutylene and its Derivatives Market has encountered significant development over the recent years and is anticipated to grow tremendously over the forecast period. Isobutylene is a hydrocarbon containing four-carbon branched alkene(olefin), one of the four isomers of butylene. At standard temperature and pressure it is a colourless flammable gas but not highly flammable. Isobutylene is obtained by dehydratingtertiary butyl alcohol(TBA) orcatalyticdehydrogenationofisobutane.
Drivers and Restraints
Top-down and bottom-up approaches are used to validate the global market and estimate the market size for the company, region segments, type segments, and applications (end users). In the complete market engineering process, both top-down and bottom-up approaches were extensively used, along with several data triangulation methods, to perform market estimation and market forecasting for the overall market segments and sub-segments listed in this report. Extensive qualitative and further quantitative analysis is also done from all the numbers arrived at in the complete market engineering process to list key information throughout the report.
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Regional Insights
The data for 2019 is an estimate, based on the history data and the integrated view of industry experts, manufacturers, distributors and end users etc.
By Region
North America
- U.S.
- Canada
- Mexico
Europe
- Germany
- UK
- France
- Russia
- Italy
- Rest of Europe
Asia-Pacific
- China
- Japan
- South Korea
- India
- Southeast Asia
- Rest of Asia-Pacific
SouthAmerica
- Brazil
- Argentina
- Columbia
- Rest of South America
Middle East and Africa
- Saudi Arabia
- UAE
- Egypt
- Nigeria
- South Africa
- Rest of MEA
Competitive Analysis
The major players in the market are profiled in detail in view of qualities, for example, company portfolio, business strategies, financial overview, recent developments, and share of the overall industry.
Lyondell Basell
Qifa Chemical
TPC Group
Nizhnekamskneftekhim
Enterprise Products Partners
Exxon Mobil
Sumitomo Chemical
Evonik
Yuhuang Chemical
Yuhua Group
Monument Chemical
Vinati Organics Limited (VOL)
Dor Group
Songwon
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Some of the key questions answered by the report are:
What was the market size in 2016 and the forecast from 2022 to 2031?
What will be the industry market growth from 2022 to 2031?
What are the major drivers, restraints, opportunities, challenges, and industry trends and their impact on the market forecast?
What are the major segments leading the market growth and why?
Which are the leading players in the market and what are the major strategies adopted by them to sustain the market competition?
