Europe Isobutene Market Size, Share & Industry Trends Analysis Report By Product (Methyl tert-butyl ether (MTBE), and Ethyl tert-butyl ether (ETBE)), By Application, By Country and Growth Forecast, 2023

Description

List of Tables

The Europe Isobutene Market would witness market growth of 4.2% CAGR during the forecast period (2023-2030). In the year 2020, the Europe market's volume surged to 3,214.1 Kilo Tonnes, showcasing a growth of 2.2% (2019-2022).

Over the forecast period, the market is expected to be driven by demand from end-use industries such as automotive and aerospace. The chemical is extensively employed as a fuel additive and produces rubber tires and tubes. Isobutene is employed in producing polybutylene and as a precursor in the synthesis of methyl tert-butyl ether. These items are extensively employed in plastic packaging, hot melt glues, compounding, masterbatches, and niche applications such as electrical insulation, compressed packaging, and wires and cables.

As an industrially substantial hydrocarbon, the chemical has numerous applications in the automotive, aerospace, and pharmaceutical industries. It is produced by fractionating refinery gases and decomposing methyl tert-butyl ether catalytically. The demand is expected to grow due to its widespread use in applications from fuel additives and polymers to agricultural industries. Bio-based alternatives resolve sustainability issues related to isobutene and its derivatives on the market. Various governments support the renewable production of isobutene by providing incentives and tax breaks.

According to Germany Trade & Invest, Germany has the largest automotive industry in Europe, ranking first in production and sales, accounting for approximately 25 percent of all passenger cars produced and nearly 20 percent of new registrations. Additionally, Germany has the highest concentration of OEM facilities in Europe. Currently, there are 44 OEM locations in Germany. In 2021, the German OEM market share in the EU exceeded 55 percent. Germany has stringent environmental regulations and standards for fuel efficiency. Isobutene-derived additives can enhance fuel efficiency and reduce emissions, aligning with regulatory requirements and the market's emphasis on cleaner, more efficient vehicles. The above factors will drive the market growth in this region.

The Germany market dominated the Europe Isobutene Market, By Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $2,276.2 Million by 2030. The UK market is experiencing a CAGR of 3.3% during (2023 - 2030). Additionally, The France market would exhibit a CAGR of 5% during (2023 - 2030).

Based on Product, the market is segmented into Methyl tert-butyl ether (MTBE), and Ethyl tert-butyl ether (ETBE). Based on Application, the market is segmented into Automotive, Aerospace, Pharmaceuticals, Antioxidants, and Others. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.

The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include BASF SE, Evonik Industries AG (RAG-Stiftung), Exxon Mobil Corporation, Sumitomo Chemical Co., Ltd., Global Bioenergies, Weifang Binhai Petro-Chem Co., Ltd (Tiande Chemical Holdings Co., LTD), Honeywell International, Inc., LyondellBasell Industries Holdings B.V., Linde PLC, and China Petrochemical Corporation (Sinopec Group).

Scope of the Study

Market Segments covered in the Report:

By Product (Volume, Kilo Tonnes, USD Million, 2019-2030)

Methyl tert-butyl ether (MTBE)
Ethyl tert-butyl ether (ETBE)

By Application (Volume, Kilo Tonnes, USD Million, 2019-2030)

Automotive
Aerospace
Pharmaceuticals
Antioxidants
Others

By Country (Volume, Kilo Tonnes, USD Million, 2019-2030)

Germany
UK
France
Russia
Spain
Italy
Rest of Europe

Companies Profiled

BASF SE
Evonik Industries AG (RAG-Stiftung)
Exxon Mobil Corporation
Sumitomo Chemical Co., Ltd.
Global Bioenergies
Weifang Binhai Petro-Chem Co., Ltd (Tiande Chemical Holdings Co., LTD)
Honeywell International, Inc.
LyondellBasell Industries Holdings B.V.
Linde PLC
China Petrochemical Corporation (Sinopec Group)

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Chapter 1. Market Scope & Methodology

1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
- 1.4.1 Europe Isobutene Market, by Product
- 1.4.2 Europe Isobutene Market, by Application
- 1.4.3 Europe Isobutene Market, by Country
1.5 Methodology for the research

Chapter 2. Market at a Glance

2.1 Key Highlights

Chapter 3. Market Overview

3.1 Introduction
- 3.1.1 Overview
  - 3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
- 3.2.1 Market Drivers
- 3.2.2 Market Restraints
3.3 Porter's Five Forces Analysis

Chapter 4. Strategies Deployed in Isobutene Market

Chapter 5. Europe Isobutene Market, By Product

5.1 Europe Methyl tert-butyl ether (MTBE) Market, By Country
5.2 Europe Ethyl tert-butyl ether (ETBE) Market, By Country

Chapter 6. Europe Isobutene Market, By Application

6.1 Europe Automotive Market, By Country
6.2 Europe Aerospace Market, By Country
6.3 Europe Pharmaceuticals Market, By Country
6.4 Europe Antioxidants Market, By Country
6.5 Europe Others Market, By Country

Chapter 7. Europe Isobutene Market, By Country

7.1 Germany Isobutene Market
- 7.1.1 Germany Isobutene Market, By Product
- 7.1.2 Germany Isobutene Market, By Application
7.2 UK Isobutene Market
- 7.2.1 UK Isobutene Market, By Product
- 7.2.2 UK Isobutene Market, By Application
7.3 France Isobutene Market
- 7.3.1 France Isobutene Market, By Product
- 7.3.2 France Isobutene Market, By Application
7.4 Russia Isobutene Market
- 7.4.1 Russia Isobutene Market, By Product
- 7.4.2 Russia Isobutene Market, By Application
7.5 Spain Isobutene Market
- 7.5.1 Spain Isobutene Market, By Product
- 7.5.2 Spain Isobutene Market, By Application
7.6 Italy Isobutene Market
- 7.6.1 Italy Isobutene Market, By Product
- 7.6.2 Italy Isobutene Market, By Application
7.7 Rest of Europe Isobutene Market
- 7.7.1 Rest of Europe Isobutene Market, By Product
- 7.7.2 Rest of Europe Isobutene Market, By Application

Chapter 8. Company Profiles

8.1 BASF SE
- 8.1.1 Company Overview
- 8.1.2 Financial Analysis
- 8.1.3 Segmental and Regional Analysis
- 8.1.4 Research & Development Expense
- 8.1.5 Recent strategies and developments:
  - 8.1.5.1 Partnerships, Collaborations, and Agreements:
- 8.1.6 SWOT Analysis
8.2 Evonik Industries AG (RAG-Stiftung)
- 8.2.1 Company Overview
- 8.2.2 Financial Analysis
- 8.2.3 Segmental and Regional Analysis
- 8.2.4 Research & Development Expenses
- 8.2.5 SWOT Analysis
8.3 Exxon Mobil Corporation
- 8.3.1 Company Overview
- 8.3.2 Financial Analysis
- 8.3.3 Segmental and Regional Analysis
- 8.3.4 Research & Development Expenses
- 8.3.5 Recent strategies and developments:
  - 8.3.5.1 Partnerships, Collaborations, and Agreements:
- 8.3.6 SWOT Analysis
8.4 Sumitomo Chemical Co., Ltd.
- 8.4.1 Company Overview
- 8.4.2 Financial Analysis
- 8.4.3 Segmental and Regional Analysis
- 8.4.4 Research & Development Expenses
- 8.4.5 Recent strategies and developments:
  - 8.4.5.1 Partnerships, Collaborations, and Agreements:
  - 8.4.5.2 Acquisition and Mergers:
- 8.4.6 SWOT Analysis
8.5 Global Bioenergies
- 8.5.1 Company Overview
- 8.5.2 Recent strategies and developments:
  - 8.5.2.1 Partnerships, Collaborations, and Agreements:
  - 8.5.2.2 Product Launches and Product Expansions:
- 8.5.3 SWOT Analysis
8.6 Weifang Binhai Petro-Chem Co., Ltd (Tiande Chemical Holdings Co., LTD)
- 8.6.1 Company Overview
- 8.6.2 SWOT Analysis
8.7 Honeywell International, Inc.
- 8.7.1 Company Overview
- 8.7.2 Financial Analysis
- 8.7.3 Segmental and Regional Analysis
- 8.7.4 Research & Development Expenses
- 8.7.5 SWOT Analysis
8.8 LyondellBasell Industries Holdings B.V.
- 8.8.1 Company Overview
- 8.8.2 Financial Analysis
- 8.8.3 Segmental and Regional Analysis
- 8.8.4 Research & Development Expenses
- 8.8.5 SWOT Analysis
8.9 Linde PLC
- 8.9.1 Company Overview
- 8.9.2 Financial Analysis
- 8.9.3 Regional Analysis
- 8.9.4 Research & Development Expense
- 8.9.5 SWOT Analysis
8.10. China Petrochemical Corporation (Sinopec Group)
- 8.10.1 Company Overview
- 8.10.2 Financial Analysis
- 8.10.3 Research & Development Expenses
- 8.10.4 SWOT Analysis

LIST OF TABLES

TABLE 1 Europe Isobutene Market, 2019 - 2022, USD Million
TABLE 2 Europe Isobutene Market, 2023 - 2030, USD Million
TABLE 3 Europe Isobutene Market, 2019 - 2022, Kilo Tonnes
TABLE 4 Europe Isobutene Market, 2023 - 2030, Kilo Tonnes
TABLE 5 Europe Isobutene Market, By Product, 2019 - 2022, USD Million
TABLE 6 Europe Isobutene Market, By Product, 2023 - 2030, USD Million
TABLE 7 Europe Isobutene Market, By Product, 2019 - 2022, Kilo Tonnes
TABLE 8 Europe Isobutene Market, By Product, 2023 - 2030, Kilo Tonnes
TABLE 9 Europe Methyl tert-butyl ether (MTBE) Market, By Country, 2019 - 2022, USD Million
TABLE 10 Europe Methyl tert-butyl ether (MTBE) Market, By Country, 2023 - 2030, USD Million
TABLE 11 Europe Methyl tert-butyl ether (MTBE) Market, By Country, 2019 - 2022, Kilo Tonnes
TABLE 12 Europe Methyl tert-butyl ether (MTBE) Market, By Country, 2023 - 2030, Kilo Tonnes
TABLE 13 Europe Ethyl tert-butyl ether (ETBE) Market, By Country, 2019 - 2022, USD Million
TABLE 14 Europe Ethyl tert-butyl ether (ETBE) Market, By Country, 2023 - 2030, USD Million
TABLE 15 Europe Ethyl tert-butyl ether (ETBE) Market, By Country, 2019 - 2022, Kilo Tonnes
TABLE 16 Europe Ethyl tert-butyl ether (ETBE) Market, By Country, 2023 - 2030, Kilo Tonnes
TABLE 17 Europe Isobutene Market, By Application, 2019 - 2022, USD Million
TABLE 18 Europe Isobutene Market, By Application, 2023 - 2030, USD Million
TABLE 19 Europe Isobutene Market, By Application, 2019 - 2022, Kilo Tonnes
TABLE 20 Europe Isobutene Market, By Application, 2023 - 2030, Kilo Tonnes
TABLE 21 Europe Automotive Market, By Country, 2019 - 2022, USD Million
TABLE 22 Europe Automotive Market, By Country, 2023 - 2030, USD Million
TABLE 23 Europe Automotive Market, By Country, 2019 - 2022, Kilo Tonnes
TABLE 24 Europe Automotive Market, By Country, 2023 - 2030, Kilo Tonnes
TABLE 25 Europe Aerospace Market, By Country, 2019 - 2022, USD Million
TABLE 26 Europe Aerospace Market, By Country, 2023 - 2030, USD Million
TABLE 27 Europe Aerospace Market, By Country, 2019 - 2022, Kilo Tonnes
TABLE 28 Europe Aerospace Market, By Country, 2023 - 2030, Kilo Tonnes
TABLE 29 Europe Pharmaceuticals Market, By Country, 2019 - 2022, USD Million
TABLE 30 Europe Pharmaceuticals Market, By Country, 2023 - 2030, USD Million
TABLE 31 Europe Pharmaceuticals Market, By Country, 2019 - 2022, Kilo Tonnes
TABLE 32 Europe Pharmaceuticals Market, By Country, 2023 - 2030, Kilo Tonnes
TABLE 33 Europe Antioxidants Market, By Country, 2019 - 2022, USD Million
TABLE 34 Europe Antioxidants Market, By Country, 2023 - 2030, USD Million
TABLE 35 Europe Antioxidants Market, By Country, 2019 - 2022, Kilo Tonnes
TABLE 36 Europe Antioxidants Market, By Country, 2023 - 2030, Kilo Tonnes
TABLE 37 Europe Others Market, By Country, 2019 - 2022, USD Million
TABLE 38 Europe Others Market, By Country, 2023 - 2030, USD Million
TABLE 39 Europe Others Market, By Country, 2019 - 2022, Kilo Tonnes
TABLE 40 Europe Others Market, By Country, 2023 - 2030, Kilo Tonnes
TABLE 41 Europe Isobutene Market, By Country, 2019 - 2022, USD Million
TABLE 42 Europe Isobutene Market, By Country, 2023 - 2030, USD Million
TABLE 43 Europe Isobutene Market, By Country, 2019 - 2022, Kilo Tonnes
TABLE 44 Europe Isobutene Market, By Country, 2023 - 2030, Kilo Tonnes
TABLE 45 Germany Isobutene Market, 2019 - 2022, USD Million
TABLE 46 Germany Isobutene Market, 2023 - 2030, USD Million
TABLE 47 Germany Isobutene Market, 2019 - 2022, Kilo Tonnes
TABLE 48 Germany Isobutene Market, 2023 - 2030, Kilo Tonnes
TABLE 49 Germany Isobutene Market, By Product, 2019 - 2022, USD Million
TABLE 50 Germany Isobutene Market, By Product, 2023 - 2030, USD Million
TABLE 51 Germany Isobutene Market, By Product, 2019 - 2022, Kilo Tonnes
TABLE 52 Germany Isobutene Market, By Product, 2023 - 2030, Kilo Tonnes
TABLE 53 Germany Isobutene Market, By Application, 2019 - 2022, USD Million
TABLE 54 Germany Isobutene Market, By Application, 2023 - 2030, USD Million
TABLE 55 Germany Isobutene Market, By Application, 2019 - 2022, Kilo Tonnes
TABLE 56 Germany Isobutene Market, By Application, 2023 - 2030, Kilo Tonnes
TABLE 57 UK Isobutene Market, 2019 - 2022, USD Million
TABLE 58 UK Isobutene Market, 2023 - 2030, USD Million
TABLE 59 UK Isobutene Market, 2019 - 2022, Kilo Tonnes
TABLE 60 UK Isobutene Market, 2023 - 2030, Kilo Tonnes
TABLE 61 UK Isobutene Market, By Product, 2019 - 2022, USD Million
TABLE 62 UK Isobutene Market, By Product, 2023 - 2030, USD Million
TABLE 63 UK Isobutene Market, By Product, 2019 - 2022, Kilo Tonnes
TABLE 64 UK Isobutene Market, By Product, 2023 - 2030, Kilo Tonnes
TABLE 65 UK Isobutene Market, By Application, 2019 - 2022, USD Million
TABLE 66 UK Isobutene Market, By Application, 2023 - 2030, USD Million
TABLE 67 UK Isobutene Market, By Application, 2019 - 2022, Kilo Tonnes
TABLE 68 UK Isobutene Market, By Application, 2023 - 2030, Kilo Tonnes
TABLE 69 France Isobutene Market, 2019 - 2022, USD Million
TABLE 70 France Isobutene Market, 2023 - 2030, USD Million
TABLE 71 France Isobutene Market, 2019 - 2022, Kilo Tonnes
TABLE 72 France Isobutene Market, 2023 - 2030, Kilo Tonnes
TABLE 73 France Isobutene Market, By Product, 2019 - 2022, USD Million
TABLE 74 France Isobutene Market, By Product, 2023 - 2030, USD Million
TABLE 75 France Isobutene Market, By Product, 2019 - 2022, Kilo Tonnes
TABLE 76 France Isobutene Market, By Product, 2023 - 2030, Kilo Tonnes
TABLE 77 France Isobutene Market, By Application, 2019 - 2022, USD Million
TABLE 78 France Isobutene Market, By Application, 2023 - 2030, USD Million
TABLE 79 France Isobutene Market, By Application, 2019 - 2022, Kilo Tonnes
TABLE 80 France Isobutene Market, By Application, 2023 - 2030, Kilo Tonnes
TABLE 81 Russia Isobutene Market, 2019 - 2022, USD Million
TABLE 82 Russia Isobutene Market, 2023 - 2030, USD Million
TABLE 83 Russia Isobutene Market, 2019 - 2022, Kilo Tonnes
TABLE 84 Russia Isobutene Market, 2023 - 2030, Kilo Tonnes
TABLE 85 Russia Isobutene Market, By Product, 2019 - 2022, USD Million
TABLE 86 Russia Isobutene Market, By Product, 2023 - 2030, USD Million
TABLE 87 Russia Isobutene Market, By Product, 2019 - 2022, Kilo Tonnes
TABLE 88 Russia Isobutene Market, By Product, 2023 - 2030, Kilo Tonnes
TABLE 89 Russia Isobutene Market, By Application, 2019 - 2022, USD Million
TABLE 90 Russia Isobutene Market, By Application, 2023 - 2030, USD Million
TABLE 91 Russia Isobutene Market, By Application, 2019 - 2022, Kilo Tonnes
TABLE 92 Russia Isobutene Market, By Application, 2023 - 2030, Kilo Tonnes
TABLE 93 Spain Isobutene Market, 2019 - 2022, USD Million
TABLE 94 Spain Isobutene Market, 2023 - 2030, USD Million
TABLE 95 Spain Isobutene Market, 2019 - 2022, Kilo Tonnes
TABLE 96 Spain Isobutene Market, 2023 - 2030, Kilo Tonnes
TABLE 97 Spain Isobutene Market, By Product, 2019 - 2022, USD Million
TABLE 98 Spain Isobutene Market, By Product, 2023 - 2030, USD Million
TABLE 99 Spain Isobutene Market, By Product, 2019 - 2022, Kilo Tonnes
TABLE 100 Spain Isobutene Market, By Product, 2023 - 2030, Kilo Tonnes
TABLE 101 Spain Isobutene Market, By Application, 2019 - 2022, USD Million
TABLE 102 Spain Isobutene Market, By Application, 2023 - 2030, USD Million
TABLE 103 Spain Isobutene Market, By Application, 2019 - 2022, Kilo Tonnes
TABLE 104 Spain Isobutene Market, By Application, 2023 - 2030, Kilo Tonnes
TABLE 105 Italy Isobutene Market, 2019 - 2022, USD Million
TABLE 106 Italy Isobutene Market, 2023 - 2030, USD Million
TABLE 107 Italy Isobutene Market, 2019 - 2022, Kilo Tonnes
TABLE 108 Italy Isobutene Market, 2023 - 2030, Kilo Tonnes
TABLE 109 Italy Isobutene Market, By Product, 2019 - 2022, USD Million
TABLE 110 Italy Isobutene Market, By Product, 2023 - 2030, USD Million
TABLE 111 Italy Isobutene Market, By Product, 2019 - 2022, Kilo Tonnes
TABLE 112 Italy Isobutene Market, By Product, 2023 - 2030, Kilo Tonnes
TABLE 113 Italy Isobutene Market, By Application, 2019 - 2022, USD Million
TABLE 114 Italy Isobutene Market, By Application, 2023 - 2030, USD Million
TABLE 115 Italy Isobutene Market, By Application, 2019 - 2022, Kilo Tonnes
TABLE 116 Italy Isobutene Market, By Application, 2023 - 2030, Kilo Tonnes
TABLE 117 Rest of Europe Isobutene Market, 2019 - 2022, USD Million
TABLE 118 Rest of Europe Isobutene Market, 2023 - 2030, USD Million
TABLE 119 Rest of Europe Isobutene Market, 2019 - 2022, Kilo Tonnes
TABLE 120 Rest of Europe Isobutene Market, 2023 - 2030, Kilo Tonnes
TABLE 121 Rest of Europe Isobutene Market, By Product, 2019 - 2022, USD Million
TABLE 122 Rest of Europe Isobutene Market, By Product, 2023 - 2030, USD Million
TABLE 123 Rest of Europe Isobutene Market, By Product, 2019 - 2022, Kilo Tonnes
TABLE 124 Rest of Europe Isobutene Market, By Product, 2023 - 2030, Kilo Tonnes
TABLE 125 Rest of Europe Isobutene Market, By Application, 2019 - 2022, USD Million
TABLE 126 Rest of Europe Isobutene Market, By Application, 2023 - 2030, USD Million
TABLE 127 Rest of Europe Isobutene Market, By Application, 2019 - 2022, Kilo Tonnes
TABLE 128 Rest of Europe Isobutene Market, By Application, 2023 - 2030, Kilo Tonnes
TABLE 129 Key Information - BASF SE
TABLE 130 Key Information - Evonik Industries AG
TABLE 131 Key Information - Exxon Mobil Corporation
TABLE 132 Key Information - Sumitomo Chemical Co., Ltd.
TABLE 133 Key Information - Global Bioenergies
TABLE 134 Key Information - Weifang Binhai Petro-Chem Co., Ltd
TABLE 135 Key Information - Honeywell International, Inc.
TABLE 136 Key Information - LyondellBasell Industries Holdings B.V.
TABLE 137 key Information - Linde PLC
TABLE 138 Key Information - China Petrochemical Corporation

Europe Isobutene Market Size, Share & Industry Trends Analysis Report By Product (Methyl tert-butyl ether (MTBE), and Ethyl tert-butyl ether (ETBE)), By Application, By Country and Growth Forecast, 2023 - 2030