PUBLISHER: TechNavio | PRODUCT CODE: 1916096
PUBLISHER: TechNavio | PRODUCT CODE: 1916096
The global 2 methylpropene market is forecasted to grow by USD 3114.5 mn during 2024-2029, accelerating at a CAGR of 4.8% during the forecast period. The report on the global 2 methylpropene market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by growing demand from automotive industry, expansion of construction and infrastructure sector, rising consumption of specialty chemicals and polymers.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market size data, segment with regional analysis and vendor landscape in addition to an analysis of the key companies. Reports have historic and forecast data.
| Market Scope | |
|---|---|
| Base Year | 2025 |
| End Year | 2029 |
| Series Year | 2025-2029 |
| Growth Momentum | Accelerate |
| YOY 2025 | 4.7% |
| CAGR | 4.8% |
| Incremental Value | $3114.5 mn |
Technavio's global 2 methylpropene market is segmented as below:
By Technology
By Application
By End-User
Geography
This study identifies the sustainability and bio-based feedstock initiatives as one of the prime reasons driving the global 2 methylpropene market growth during the next few years. Also, electric vehicle and high-performance automotive sector expansion and c4 stream processing and on-purpose production advancements will lead to sizable demand in the market.
The report on the global 2 methylpropene market covers the following areas:
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading global 2 methylpropene market vendors that include BASF SE, Braskem SA, Chevron Phillips Chemical Co., Evonik Industries AG, Exxon Mobil Corp., INEOS Group Holdings S.A., Kaneka Corp., LyondellBasell Industries NV, Mitsui Chemicals Inc., OMV Aktiengesellschaft, Saudi Basic Industries, Shell plc, SIBUR Holding PJSC, Sinopec Shanghai Co. Ltd., Songwon Industrial Co. Ltd., Sumitomo Chemical Co. Ltd., TPC Group, Vinati Organics Ltd.. Also, the global 2 methylpropene market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.