Global Isobutene Market Size, Share & Trends Analysis Report by Application (Automotive, Aerospace, Antioxidants, Pharmaceuticals, Others), by Product (Methyl tert-butyl ether (MTBE), Ethyl tert-butyl ether (ETBE)), and by Region (North America, Europe, Asia Pacific, Latin America, Middle East) - Size, Share, Outlook, and Opportunity Analysis, 2023 ? 2030.

Report ID : AMR1004274 | Industries : Others | Published On :December 2023 | Page Count : 241

Global Isobutene Market Size, Share & Trends Analysis Report by Application (Automotive, Aerospace, Antioxidants, Pharmaceuticals, Others), by Product (Methyl tert-butyl ether (MTBE), Ethyl tert-butyl ether (ETBE)), and by Region (North America, Europe, Asia Pacific, Latin America, Middle East) - Size, Share, Outlook, and Opportunity Analysis, 2023 – 2030.

Global Isobutene Market

Global Isobutene Market was valued at USD 29 billion in 2022 which expected to reach USD 39.2 billion by 2030, at a CAGR 3.6 % from 2023-2030.
Isobutene, also known as isobutylene, is primarily used in the synthesis of polybutylene (butyl rubber) and as an intermediary in the creation of methyl tert-butyl ether. These materials are widely used in plastic packaging, hot melt adhesives, compounding, and masterbatches, as well as specialty applications such electrical insulation, compression packing, and wires and cables.

Market Drivers

One of the primary drivers for the isobutene market is the demand for isobutene-derived products. In particular, isobutene is a key raw material for the production of IIR, a high-performance synthetic rubber known for its resistance to heat, chemicals, and ozone. IIR is used in applications where durability and chemical resistance are crucial, such as in automotive parts, industrial hoses, and pharmaceutical stoppers.

Market Restraints

The isobutene market can be subject to supply and demand fluctuations, which can impact prices and availability. Factors such as changes in feedstock availability and disruptions in the production process can lead to market instability.

Market Segmentation

The Global Isobutene Market is segmented into Application such as Automotive, Aerospace, Antioxidants, Pharmaceuticals, Others. Moreover, market is further segmented into Product such as Methyl tert-butyl ether (MTBE), Ethyl tert-butyl ether (ETBE).

Regional Analysis

The Global Isobutene Market is segmented into five regions such as North America, Latin America, Europe, Asia Pacific, and Middle East & Africa.
North America among regions is expected to exhibit the highest CAGR in the global Isobutene market. North America's significant contribution to this industry is due to increased expenditure on passenger cars and light vehicles, rising per capita disposable income, and the regions robust and sustained manufacturing sector growth in recent years.
During the forecast period, Asia Pacific is expected to grow at its fastest CAGR. Southeast Asian countries including Thailand, Malaysia, and Vietnam are likely to contribute significantly to the regional market. Emerging economies in the region are working hard to grow their vehicle industries quickly. These countries' governments are constantly concentrating on trade liberalization initiatives and policy frameworks.

Key Developments

In June 2023, ExxonMobil Catalysts and Licencing LLC inked a licencing partnership deal with Axens, allowing Axens to incorporate ExxonMobil's MTBE Decomposition technology for high-purity isobutylene into its portfolio. Axens has been granted the worldwide right to market, licence, and provide engineering and technical support for the design, construction, and activation of further MTBE Decomposition units.

Key Players

Various key players are listed in the global Isobutene market including- BASF, Evonik, ExxonMobil, ABI Chemicals, Global Bioenergies, Praxair, Syngip BV, LanzaTech, Honeywell International, LyondellBasell Industries.
Market Taxonomy
By Application
• Automotive
• Aerospace
• Antioxidants
• Pharmaceuticals
• Others
By Product
• Methyl tert-butyl ether (MTBE)
• Ethyl tert-butyl ether (ETBE)
By Region
• North America
o U.S.
o Canada
o Mexico
• Latin America
o Brazil
o Argentina
o Colombia
o Peru
o Chile
o Venezuela
o Rest of Latin America
• Europe
o Germany
o France
o UK
o Russia
o Italy
o Spain
o Rest of Europe
• Asia Pacific
o China
o Japan
o India
o South Korea
o Australia
o New Zealand
o Singapore
o Malaysia
o Rest of Asia Pacific
• Middle East & Africa
o Saudi Arabia
o UAE
o Egypt
o Kuwait
o South Africa
o Rest Middle East & Africa
Key Questions Addressed by the Report
• What are the Key Opportunities in Global Isobutene Market?
• What will be the growth rate from 2023 to 2030?
• Which segment/region will have highest growth?
• What are the factors that will impact/drive the Market?
• What is the competitive Landscape in the Industry?
• What is the role of key players in the value chain?
• What are the strategies adopted by key players?

Global Isobutene Market
1. Introduction
1.1. Objective of the Study
1.2. Market Definition
1.3. Market Scope
2. Research Methodology
2.1. Data Mining
2.2. Validation
2.3. Primary Interviews
2.4. List of Data Sources
3. Executive Summary
4. Global Isobutene Market Outlook
4.1. Overview
4.2. Market Dynamics
4.2.1. Drivers
4.2.2. Restraints
4.2.3. Opportunities
4.2.4. Cumulative Impact due to recent Energy Crisis
4.2.5. Cumulative Impact due to Nearing Economic Downturn
4.2.6. Post Covid-19 World Supply and Demand Conditions
4.2.7. Cumulative Impact of Russia-Ukraine Conflict
4.3. Porters Five Force Model
4.4. Value Chain Analysis
5. Global Isobutene Market, By Application
5.1. Y-o-Y Growth Comparison, By Application
5.2. Global Isobutene Market Share Analysis, By Application
5.3. Global Isobutene Market Size and Forecast, By Application
5.3.1. Automotive
5.3.2. Aerospace
5.3.3. Antioxidants
5.3.4. Pharmaceuticals
5.3.5. Others
6. Global Isobutene Market, By Product
6.1. Y-o-Y Growth Comparison, By Product
6.2. Global Isobutene Market Share Analysis, By Product
6.3. Global Isobutene Market Size and Forecast, By Product
6.3.1. Methyl tert-butyl ether (MTBE)
6.3.2. Ethyl tert-butyl ether (ETBE)
7. Global Isobutene Market, By Region
7.1. Global Isobutene Market Share Analysis, By Region
7.2. Global Isobutene Market Share Analysis, By Region
7.3. Global Isobutene Market Size and Forecast, By Region
8. North America Isobutene Market Analysis and Forecast (2023-2030)
8.1. Introduction
8.2. North America Isobutene Market Share Analysis, By Application
8.3. North America Isobutene Market Share Analysis, By Product
8.4. North America Isobutene Market Size and Forecast, By Country
8.4.1. U.S.
8.4.1.1. Market Size and Forecast, By Application
8.4.1.2. Market Size and Forecast, By Product
8.4.2. Canada
8.4.2.1. Market Size and Forecast, By Application
8.4.2.2. Market Size and Forecast, By Product
8.4.3. Mexico
8.4.3.1. Market Size and Forecast, By Application
8.4.3.2. Market Size and Forecast, By Product
9. Europe Isobutene Market Analysis and Forecast (2023-2030)
9.1. Introduction
9.2. Europe Isobutene Market Share Analysis, By Application
9.3. Europe Isobutene Market Share Analysis, By Product
9.4. Europe Isobutene Market Size and Forecast, By Country
9.4.1. Germany
9.4.1.1. Market Size and Forecast, By Application
9.4.1.2. Market Size and Forecast, By Product
9.4.2. France
9.4.2.1. Market Size and Forecast, By Application
9.4.2.2. Market Size and Forecast, By Product
9.4.3. UK
9.4.3.1. Market Size and Forecast, By Application
9.4.3.2. Market Size and Forecast, By Product
9.4.4. Russia
9.4.4.1. Market Size and Forecast, By Application
9.4.4.2. Market Size and Forecast, By Product
9.4.5. Italy
9.4.5.1. Market Size and Forecast, By Application
9.4.5.2. Market Size and Forecast, By Product
9.4.6. Spain
9.4.6.1. Market Size and Forecast, By Application
9.4.6.2. Market Size and Forecast, By Product
9.4.7. Rest of Europe
9.4.7.1. Market Size and Forecast, By Application
9.4.7.2. Market Size and Forecast, By Product
10. Asia Pacific Isobutene Market Analysis and Forecast (2023-2030)
10.1. Introduction
10.2. Asia Pacific Isobutene Market Share Analysis, By Application
10.3. Asia Pacific Isobutene Market Share Analysis, By Product
10.4. Asia Pacific Isobutene Market Size and Forecast, By Country
10.4.1. China
10.4.1.1. Market Size and Forecast, By Application
10.4.1.2. Market Size and Forecast, By Product
10.4.2. Japan
10.4.2.1. Market Size and Forecast, By Application
10.4.2.2. Market Size and Forecast, By Product
10.4.3. India
10.4.3.1. Market Size and Forecast, By Application
10.4.3.2. Market Size and Forecast, By Product
10.4.4. South Korea
10.4.4.1. Market Size and Forecast, By Application
10.4.4.2. Market Size and Forecast, By Product
10.4.5. Australia
10.4.5.1. Market Size and Forecast, By Application
10.4.5.2. Market Size and Forecast, By Product
10.4.6. New Zealand
10.4.6.1. Market Size and Forecast, By Application
10.4.6.2. Market Size and Forecast, By Product
10.4.7. Singapore
10.4.7.1. Market Size and Forecast, By Application
10.4.7.2. Market Size and Forecast, By Product
10.4.8. Malaysia
10.4.8.1. Market Size and Forecast, By Application
10.4.8.2. Market Size and Forecast, By Product
10.4.9. Rest of Asia
10.4.9.1. Market Size and Forecast, By Application
10.4.9.2. Market Size and Forecast, By Product
11. Latin America Isobutene Market Analysis and Forecast (2023-2030)
11.1. Introduction
11.2. Latin America Isobutene Market Share Analysis, By Application
11.3. Latin America Isobutene Market Share Analysis, By Product
11.4. Latin America Isobutene Market Size and Forecast, Country
11.4.1. Brazil
11.4.1.1. Market Size and Forecast, By Application
11.4.1.2. Market Size and Forecast, By Product
11.4.2. Argentina
11.4.2.1. Market Size and Forecast, By Application
11.4.2.2. Market Size and Forecast, By Product
11.4.3. Colombia
11.4.3.1. Market Size and Forecast, By Application
11.4.3.2. Market Size and Forecast, By Product
11.4.4. Peru
11.4.4.1. Market Size and Forecast, By Application
11.4.4.2. Market Size and Forecast, By Product
11.4.5. Chile
11.4.5.1. Market Size and Forecast, By Application
11.4.5.2. Market Size and Forecast, By Product
11.4.6. Venezuela
11.4.6.1. Market Size and Forecast, By Application
11.4.6.2. Market Size and Forecast, By Product
11.4.7. Rest of Latin America
11.4.7.1. Market Size and Forecast, By Application
11.4.7.2. Market Size and Forecast, By Product
12. Middle East Isobutene Market Analysis and Forecast (2023-2030)
12.1. Introduction
12.2. Middle East Isobutene Market Share Analysis, By Application
12.3. Middle East Isobutene Market Size and Forecast, By Product
12.4. Middle East Isobutene Market Size and Forecast, By Country
12.4.1. Saudi Arabia
12.4.1.1. Market Size and Forecast, By Application
12.4.1.2. Market Size and Forecast, By Product
12.4.2. UAE
12.4.2.1. Market Size and Forecast, By Application
12.4.2.2. Market Size and Forecast, By Product
12.4.3. Egypt
12.4.3.1. Market Size and Forecast, By Application
12.4.3.2. Market Size and Forecast, By Product
12.4.4. Kuwait
12.4.4.1. Market Size and Forecast, By Application
12.4.4.2. Market Size and Forecast, By Product
12.4.5. South Africa
12.4.5.1. Market Size and Forecast, By Application
12.4.5.2. Market Size and Forecast, By Product
12.4.6. Rest of Middle East & Africa
12.4.6.1. Market Size and Forecast, By Application
12.4.6.2. Market Size and Forecast, By Product
13. Competitive Analysis
13.1. Competition Dashboard
13.2. Market share Analysis of Top Vendors
13.3. Key Development Strategies
14. Company Profiles
14.1. BASF.
14.1.1. Overview
14.1.2. Offerings
14.1.3. Key Financials
14.1.4. Business Segment & Geographic Overview
14.1.5. Key Market Developments
14.1.6. Key Strategies
14.2. Evonik
14.2.1. Overview
14.2.2. Offerings
14.2.3. Key Financials
14.2.4. Business Segment & Geographic Overview
14.2.5. Key Market Developments
14.2.6. Key Strategies
14.3. ExxonMobil
14.3.1. Overview
14.3.2. Offerings
14.3.3. Key Financials
14.3.4. Business Segment & Geographic Overview
14.3.5. Key Market Developments
14.3.6. Key Strategies
14.4. ABI Chemicals
14.4.1. Overview
14.4.2. Offerings
14.4.3. Key Financials
14.4.4. Business Segment & Geographic Overview
14.4.5. Key Market Developments
14.4.6. Key Strategies
14.5. Global Bioenergies.
14.5.1. Overview
14.5.2. Offerings
14.5.3. Key Financials
14.5.4. Business Segment & Geographic Overview
14.5.5. Key Market Developments
14.5.6. Key Strategies
14.6. Praxair
14.6.1. Overview
14.6.2. Offerings
14.6.3. Key Financials
14.6.4. Business Segment & Geographic Overview
14.6.5. Key Market Developments
14.6.6. Key Strategies
14.7. Syngip BV.
14.7.1. Overview
14.7.2. Offerings
14.7.3. Key Financials
14.7.4. Business Segment & Geographic Overview
14.7.5. Key Market Developments
14.7.6. Key Strategies
14.8. LanzaTech.
14.8.1. Overview
14.8.2. Offerings
14.8.3. Key Financials
14.8.4. Business Segment & Geographic Overview
14.8.5. Key Market Developments
14.8.6. Key Strategies
14.9. Honeywell International.
14.9.1. Overview
14.9.2. Offerings
14.9.3. Key Financials
14.9.4. Business Segment & Geographic Overview
14.9.5. Key Market Developments
14.9.6. Key Strategies
14.10. LyondellBasell Industries.
14.10.1. Overview
14.10.2. Offerings
14.10.3. Key Financials
14.10.4. Business Segment & Geographic Overview
14.10.5. Key Market Developments
14.10.6. Key Strategies