Market Overview:
The global isobutylene and derivatives market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for isobutylene and its derivatives from various end-use industries such as butyl rubber, gasoline blending, chemical industry, pharmaceutical industry, and others. Isobutylene is used as a feedstock for the production of MTBE (methyl tertiary butyl ether), which is used as an octane booster in gasoline blends. It also finds application in the production of polyisobutylene (PIB), which is used as a sealant and adhesive in automotive applications, among others. Additionally, rising demand for PIB from emerging economies such as China and India are expected to fuel the growth of this market during the forecast period.
Product Definition:
Isobutylene and derivatives are a group of organic compounds that are important in the chemical industry. They are used to make plastics, solvents, and other chemicals.
Isobutylene:
Isobutylene is a colorless liquid with a strong odor. It is used as an industrial solvent and in the production of rubber chemicals, gasoline additives, and plasticizers. Isobutylene finds application in various industries such as pharmaceuticals, chemical processing, cosmetics & personal care products manufacturing among others. The global iSoBUtylene market size was valued at USD -.
MTBE:
MTBE is an organic compound that has a similar structure to butane. It is also used as an octane booster in gasoline and as a solvent in paints, coatings, and adhesives. MTBE can be produced by several chemical methods but the most common one is by using carbon monoxide and ethanol fermentation which gives it's blue color.
Application Insights:
The global isobutylene and derivatives market has been segmented on the basis of application into butyl rubber, gasoline blending, chemical industry, pharmaceutical industry and others. Butyl rubber emerged as the largest application segment in 2017 with a volume share of over 40% globally. The product is extensively used to manufacture tires for automobiles owing to its high resistance against temperature changes which results in improved performance over other rubbers.
Isobutylene-based chemicals are also widely utilized within the tire manufacturing sector as they provide enhanced durability compared to natural rubber products. This has resulted in increased consumption of these chemicals worldwide which will positively influence market growth during the forecast period.
Regional Analysis:
Asia Pacific dominated the global isobutylene market in terms of volume share in 2017. The region is expected to witness significant growth over the forecast period owing to increasing automotive production and investments made by major players for expanding their facilities. China, India, and Japan are some of the largest automobile producers globally; however, they are also among the biggest consumers of butyl rubber as a raw material.
The Asia Pacific was followed by North America which accounted for a volume share of 22% in 2017 on account rising demand from end-use industries such as chemical manufacturing and pharmaceuticals coupled with favorable regulations aimed at promoting energy efficiency within buildings across U.S., Canada, Mexico, etc.). However this trend may not be reflected across all countries due to varying environmental conditions (elevated temperatures & low water content) that trigger product degradation processes thus impacting its performance or utility ultimately affecting its price/profitability adversely.
Growth Factors:
- Increasing demand from end-use industries such as automotive, construction and packaging
- Growing demand for isobutylene in Asia Pacific region
- Rising investment in petrochemical projects globally
- Expansion of downstream derivatives market
- Technological advancements and innovations
Scope Of The Report
Report Attributes
Report Details
Report Title
Isobutylene and Derivatives Market Research Report
By Type
Isobutylene, MTBE, Other
By Application
Butyl Rubber, Gasoline Blending, Chemical Industry, Pharmaceutical Industry, Others
By Companies
Lyondell Basell, TPC Group, Exxon Mobil, Nizhnekamskneftekhim, Enterprise Products Partners, Evonik, Yuhua Group, Sumitomo Chemical, Yuhuang Chemical, Qifa Chemical, Songwon, Qixiang, Sinopec Beijing Yanshan, Weifang Binhai, Wanhua
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
139
Number of Tables & Figures
98
Customization Available
Yes, the report can be customized as per your need.
Global Isobutylene and Derivatives Market Report Segments:
The global Isobutylene and Derivatives market is segmented on the basis of:
Types
Isobutylene, MTBE, Other
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Butyl Rubber, Gasoline Blending, Chemical Industry, Pharmaceutical Industry, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Lyondell Basell
- TPC Group
- Exxon Mobil
- Nizhnekamskneftekhim
- Enterprise Products Partners
- Evonik
- Yuhua Group
- Sumitomo Chemical
- Yuhuang Chemical
- Qifa Chemical
- Songwon
- Qixiang
- Sinopec Beijing Yanshan
- Weifang Binhai
- Wanhua
Highlights of The Isobutylene and Derivatives Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Isobutylene
- MTBE
- Other
- By Application:
- Butyl Rubber
- Gasoline Blending
- Chemical Industry
- Pharmaceutical Industry
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Isobutylene and Derivatives Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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- Correctly Positioning New Products
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Isobutylene is a hydrocarbon with the chemical formula C4H10. It is a colorless, flammable liquid that has a sweet smell. Isobutylene derivatives include butane, propane, and butadiene.
Some of the major players in the isobutylene and derivatives market are Lyondell Basell, TPC Group, Exxon Mobil, Nizhnekamskneftekhim, Enterprise Products Partners, Evonik, Yuhua Group, Sumitomo Chemical, Yuhuang Chemical, Qifa Chemical, Songwon, Qixiang, Sinopec Beijing Yanshan, Weifang Binhai, Wanhua.
The isobutylene and derivatives market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Isobutylene and Derivatives Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Isobutylene and Derivatives Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Isobutylene and Derivatives Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Isobutylene and Derivatives Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Isobutylene and Derivatives Market Size & Forecast, 2018-2028
4.5.1 Isobutylene and Derivatives Market Size and Y-o-Y Growth
4.5.2 Isobutylene and Derivatives Market Absolute $ Opportunity
Chapter 5 Global Isobutylene and Derivatives Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Isobutylene and Derivatives Market Size Forecast by Type
5.2.1 Isobutylene
5.2.2 MTBE
5.2.3 Other
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Isobutylene and Derivatives Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Isobutylene and Derivatives Market Size Forecast by Applications
6.2.1 Butyl Rubber
6.2.2 Gasoline Blending
6.2.3 Chemical Industry
6.2.4 Pharmaceutical Industry
6.2.5 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Isobutylene and Derivatives Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Isobutylene and Derivatives Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Isobutylene and Derivatives Analysis and Forecast
9.1 Introduction
9.2 North America Isobutylene and Derivatives Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Isobutylene and Derivatives Market Size Forecast by Type
9.6.1 Isobutylene
9.6.2 MTBE
9.6.3 Other
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Isobutylene and Derivatives Market Size Forecast by Applications
9.10.1 Butyl Rubber
9.10.2 Gasoline Blending
9.10.3 Chemical Industry
9.10.4 Pharmaceutical Industry
9.10.5 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Isobutylene and Derivatives Analysis and Forecast
10.1 Introduction
10.2 Europe Isobutylene and Derivatives Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Isobutylene and Derivatives Market Size Forecast by Type
10.6.1 Isobutylene
10.6.2 MTBE
10.6.3 Other
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Isobutylene and Derivatives Market Size Forecast by Applications
10.10.1 Butyl Rubber
10.10.2 Gasoline Blending
10.10.3 Chemical Industry
10.10.4 Pharmaceutical Industry
10.10.5 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Isobutylene and Derivatives Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Isobutylene and Derivatives Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Isobutylene and Derivatives Market Size Forecast by Type
11.6.1 Isobutylene
11.6.2 MTBE
11.6.3 Other
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Isobutylene and Derivatives Market Size Forecast by Applications
11.10.1 Butyl Rubber
11.10.2 Gasoline Blending
11.10.3 Chemical Industry
11.10.4 Pharmaceutical Industry
11.10.5 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Isobutylene and Derivatives Analysis and Forecast
12.1 Introduction
12.2 Latin America Isobutylene and Derivatives Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Isobutylene and Derivatives Market Size Forecast by Type
12.6.1 Isobutylene
12.6.2 MTBE
12.6.3 Other
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Isobutylene and Derivatives Market Size Forecast by Applications
12.10.1 Butyl Rubber
12.10.2 Gasoline Blending
12.10.3 Chemical Industry
12.10.4 Pharmaceutical Industry
12.10.5 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Isobutylene and Derivatives Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Isobutylene and Derivatives Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Isobutylene and Derivatives Market Size Forecast by Type
13.6.1 Isobutylene
13.6.2 MTBE
13.6.3 Other
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Isobutylene and Derivatives Market Size Forecast by Applications
13.10.1 Butyl Rubber
13.10.2 Gasoline Blending
13.10.3 Chemical Industry
13.10.4 Pharmaceutical Industry
13.10.5 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Isobutylene and Derivatives Market: Competitive Dashboard
14.2 Global Isobutylene and Derivatives Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Lyondell Basell
14.3.2 TPC Group
14.3.3 Exxon Mobil
14.3.4 Nizhnekamskneftekhim
14.3.5 Enterprise Products Partners
14.3.6 Evonik
14.3.7 Yuhua Group
14.3.8 Sumitomo Chemical
14.3.9 Yuhuang Chemical
14.3.10 Qifa Chemical
14.3.11 Songwon
14.3.12 Qixiang
14.3.13 Sinopec Beijing Yanshan
14.3.14 Weifang Binhai
14.3.15 Wanhua
