Isobutene Market 2020 Global Industry Size, Share, Revenue, Business Growth, Demand and Applications Market Research Report to 2027

San Francisco, 19 June 2020 — “Isobutene Market Analysis By Regions (North America, Europe, Asia-Pacific, Latin America and Africa), Product, By Application And Segment Forecasts To 2027”

Global Isobutene Market is estimated to reach USD 30.71 billion by 2024 owing to the rise in demand for rubber from automotive industry. Isobutene is a colourless inflammable gas that with typical olefin odorant no corrosive properties. Isobutene can be easily dissolved in ether, hydrocarbons and alcohol but slightly insoluble in water. Chemically, it holds reactions of olefins like electrophilic addition, oxidation, hydrogenation, and polymerization.

Isobutene is a base material for numerous final products and intermediates like butyl rubber, polyisobutene, alkyl-tert-butyl ether, isoprene, methyl methacrylate, diisobutene, mercaptanes, tert-butanol, vitamins, fragrances, alkylphenols, antioxidants, methacroleine, synthetic resins, adhesive resins, tackifiers, methacrylicacid and PMMA. They are also used in additives for fuels and lubricants, dispergators, organic acids, cross-linking agents and curing agents, isoamylalcohol, peroxidicpolymerization initiators, methallylsulfonate, alkylchlorides, methallylchloride, isobuteneoxide.

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Isobutene industry is categorized on the basis of product, application, and geography. On the basis of product, the market is divided into Methyl Tert-butyl Ether (MTBE) and Ethyl Tert-butyl Ether (ETBE).Methyl Tert-butyl Ether (MTBE) is the type of the market and is expected to grow significantly in the coming years owing to its increasing preference over Ethyl Tert-butyl Ether (ETBE).

Based on application, isobutene market is split into automotive, antioxidants, aerospace, pharmaceuticals, and others. Owing to the rising need, automotive industry is expected to hold larger market share of isobutene in the coming years. Geographically, isobutene industry is segmented as North America, Central & South America, Europe, Asia Pacific, and Middle East & Africa. Owing to the increasing preference of isobutylene in the production of several synthetic chemical products, Asia Pacific region is predicted to dominate the market. The key players in the market of isobutene comprise BASF, Evonik, YEOCHUN NCC, LyondellBasell Industries Holdings, Global Bioenergies, and TPC Group.

This report studies the global Isobutene market status and forecast, categorizes the global Isobutene market size (value & volume) by manufacturers, type, application, and region. This report focuses on the top manufacturers in United States, Europe, China, Japan, South Korea and Taiwan and other regions.

This research report offers a comprehensive analysis of key elements of the Isobutene Market such as potential top key Manufacturers along with their strengths and weaknesses. The Isobutene Market report also comprises some useful strategies and scenario for the new players in the market. While forecasting the growth of the global Isobutene market, various statistical tools were utilized to get an accurate result of the Demographic data.

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