Asia Pacific 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 Asia Pacific Isobutene Market would witness market growth of 5.1% CAGR during the forecast period (2023-2030). In the year 2021, the Asia Pacific market's volume surged to 2,869.6 Kilo Tonnes, showcasing a growth of 2.9% (2019-2022).

Regulatory policies aimed at the carcinogenicity of petrochemicals have a massive impact on enterprise dynamics and product outcome sources. The primary need driver is the growing demand for rubber from the automotive industry. For instance, it is primarily used as a precursor to various chemicals in the polymerization reaction with isoprene to produce polybutene. In simple phrases, polybutene is butyl rubber used to produce tires and other synthetic products.

Isobutene is a key feedstock for producing synthetic rubber, particularly butyl rubber. Butyl rubber is used to manufacture tires, sealants, and other products. Isobutene is used to produce isooctane, a high-octane component added to gasoline to improve its performance. Isobutene produces chemical intermediates, including isobutyl alcohol, acetate, and methacrylate. Isobutene is used in the production of lubricant additives, such as polybutenes. Isobutene also finds applications in refrigerants, antioxidants, and pharmaceuticals.

According to the State Council of China, the domestic petrochemical industry saw its total revenue reach 14.45 trillion yuan in 2021, up 30 percent year-on-year. Total profit for the first time exceeded 1 trillion yuan to 1.16 trillion yuan, up 126.8 percent year-on-year. Both revenue and profit rose to record highs. The petrochemical industry is a substantial consumer of isobutene, and its growth in China can lead to increased demand for isobutene-derived products and feedstocks. Producers and manufacturers in the isobutene market can benefit from this growth by providing high-quality materials and chemicals that meet the diverse needs of the petrochemical sector in China. The aforementioned factors will significantly expand the market growth across the region.

The China market dominated the Asia Pacific Isobutene Market, By Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $2,542.2 Million by 2030. The India market is registering a CAGR of 5.5% during (2023 - 2030). Additionally, The Japan market would showcase a CAGR of 4% 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 China, India, Japan, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.

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)

China
India
Japan
South Korea
Singapore
Malaysia
Rest of Asia Pacific

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)

Unique Offerings from KBV Research

Exhaustive coverage
Highest number of market tables and figures
Subscription based model available
Guaranteed best price
Assured post sales research support with 10% customization free

Chapter 1. Market Scope & Methodology

1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
- 1.4.1 Asia Pacific Isobutene Market, by Product
- 1.4.2 Asia Pacific Isobutene Market, by Application
- 1.4.3 Asia Pacific 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. Asia Pacific Isobutene Market, By Product

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

Chapter 6. Asia Pacific Isobutene Market, By Application

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

Chapter 7. Asia Pacific Isobutene Market, By Country

7.1 China Isobutene Market
- 7.1.1 China Isobutene Market, By Product
- 7.1.2 China Isobutene Market, By Application
7.2 India Isobutene Market
- 7.2.1 India Isobutene Market, By Product
- 7.2.2 India Isobutene Market, By Application
7.3 Japan Isobutene Market
- 7.3.1 Japan Isobutene Market, By Product
- 7.3.2 Japan Isobutene Market, By Application
7.4 South Korea Isobutene Market
- 7.4.1 South Korea Isobutene Market, By Product
- 7.4.2 South Korea Isobutene Market, By Application
7.5 Singapore Isobutene Market
- 7.5.1 Singapore Isobutene Market, By Product
- 7.5.2 Singapore Isobutene Market, By Application
7.6 Malaysia Isobutene Market
- 7.6.1 Malaysia Isobutene Market, By Product
- 7.6.2 Malaysia Isobutene Market, By Application
7.7 Rest of Asia Pacific Isobutene Market
- 7.7.1 Rest of Asia Pacific Isobutene Market, By Product
- 7.7.2 Rest of Asia Pacific 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 Asia Pacific Isobutene Market, 2019 - 2022, USD Million
TABLE 2 Asia Pacific Isobutene Market, 2023 - 2030, USD Million
TABLE 3 Asia Pacific Isobutene Market, 2019 - 2022, Kilo Tonnes
TABLE 4 Asia Pacific Isobutene Market, 2023 - 2030, Kilo Tonnes
TABLE 5 Asia Pacific Isobutene Market, By Product, 2019 - 2022, USD Million
TABLE 6 Asia Pacific Isobutene Market, By Product, 2023 - 2030, USD Million
TABLE 7 Asia Pacific Isobutene Market, By Product, 2019 - 2022, Kilo Tonnes
TABLE 8 Asia Pacific Isobutene Market, By Product, 2023 - 2030, Kilo Tonnes
TABLE 9 Asia Pacific Methyl tert-butyl ether (MTBE) Market, By Country, 2019 - 2022, USD Million
TABLE 10 Asia Pacific Methyl tert-butyl ether (MTBE) Market, By Country, 2023 - 2030, USD Million
TABLE 11 Asia Pacific Methyl tert-butyl ether (MTBE) Market, By Country, 2019 - 2022, Kilo Tonnes
TABLE 12 Asia Pacific Methyl tert-butyl ether (MTBE) Market, By Country, 2023 - 2030, Kilo Tonnes
TABLE 13 Asia Pacific Ethyl tert-butyl ether (ETBE) Market, By Country, 2019 - 2022, USD Million
TABLE 14 Asia Pacific Ethyl tert-butyl ether (ETBE) Market, By Country, 2023 - 2030, USD Million
TABLE 15 Asia Pacific Ethyl tert-butyl ether (ETBE) Market, By Country, 2019 - 2022, Kilo Tonnes
TABLE 16 Asia Pacific Ethyl tert-butyl ether (ETBE) Market, By Country, 2023 - 2030, Kilo Tonnes
TABLE 17 Asia Pacific Isobutene Market, By Application, 2019 - 2022, USD Million
TABLE 18 Asia Pacific Isobutene Market, By Application, 2023 - 2030, USD Million
TABLE 19 Asia Pacific Isobutene Market, By Application, 2019 - 2022, Kilo Tonnes
TABLE 20 Asia Pacific Isobutene Market, By Application, 2023 - 2030, Kilo Tonnes
TABLE 21 Asia Pacific Automotive Market, By Country, 2019 - 2022, USD Million
TABLE 22 Asia Pacific Automotive Market, By Country, 2023 - 2030, USD Million
TABLE 23 Asia Pacific Automotive Market, By Country, 2019 - 2022, Kilo Tonnes
TABLE 24 Asia Pacific Automotive Market, By Country, 2023 - 2030, Kilo Tonnes
TABLE 25 Asia Pacific Aerospace Market, By Country, 2019 - 2022, USD Million
TABLE 26 Asia Pacific Aerospace Market, By Country, 2023 - 2030, USD Million
TABLE 27 Asia Pacific Aerospace Market, By Country, 2019 - 2022, Kilo Tonnes
TABLE 28 Asia Pacific Aerospace Market, By Country, 2023 - 2030, Kilo Tonnes
TABLE 29 Asia Pacific Pharmaceuticals Market, By Country, 2019 - 2022, USD Million
TABLE 30 Asia Pacific Pharmaceuticals Market, By Country, 2023 - 2030, USD Million
TABLE 31 Asia Pacific Pharmaceuticals Market, By Country, 2019 - 2022, Kilo Tonnes
TABLE 32 Asia Pacific Pharmaceuticals Market, By Country, 2023 - 2030, Kilo Tonnes
TABLE 33 Asia Pacific Antioxidants Market, By Country, 2019 - 2022, USD Million
TABLE 34 Asia Pacific Antioxidants Market, By Country, 2023 - 2030, USD Million
TABLE 35 Asia Pacific Antioxidants Market, By Country, 2019 - 2022, Kilo Tonnes
TABLE 36 Asia Pacific Antioxidants Market, By Country, 2023 - 2030, Kilo Tonnes
TABLE 37 Asia Pacific Others Market, By Country, 2019 - 2022, USD Million
TABLE 38 Asia Pacific Others Market, By Country, 2023 - 2030, USD Million
TABLE 39 Asia Pacific Others Market, By Country, 2019 - 2022, Kilo Tonnes
TABLE 40 Asia Pacific Others Market, By Country, 2023 - 2030, Kilo Tonnes
TABLE 41 Asia Pacific Isobutene Market, By Country, 2019 - 2022, USD Million
TABLE 42 Asia Pacific Isobutene Market, By Country, 2023 - 2030, USD Million
TABLE 43 Asia Pacific Isobutene Market, By Country, 2019 - 2022, Kilo Tonnes
TABLE 44 Asia Pacific Isobutene Market, By Country, 2023 - 2030, Kilo Tonnes
TABLE 45 China Isobutene Market, 2019 - 2022, USD Million
TABLE 46 China Isobutene Market, 2023 - 2030, USD Million
TABLE 47 China Isobutene Market, 2019 - 2022, Kilo Tonnes
TABLE 48 China Isobutene Market, 2023 - 2030, Kilo Tonnes
TABLE 49 China Isobutene Market, By Product, 2019 - 2022, USD Million
TABLE 50 China Isobutene Market, By Product, 2023 - 2030, USD Million
TABLE 51 China Isobutene Market, By Product, 2019 - 2022, Kilo Tonnes
TABLE 52 China Isobutene Market, By Product, 2023 - 2030, Kilo Tonnes
TABLE 53 China Isobutene Market, By Application, 2019 - 2022, USD Million
TABLE 54 China Isobutene Market, By Application, 2023 - 2030, USD Million
TABLE 55 China Isobutene Market, By Application, 2019 - 2022, Kilo Tonnes
TABLE 56 China Isobutene Market, By Application, 2023 - 2030, Kilo Tonnes
TABLE 57 India Isobutene Market, 2019 - 2022, USD Million
TABLE 58 India Isobutene Market, 2023 - 2030, USD Million
TABLE 59 India Isobutene Market, 2019 - 2022, Kilo Tonnes
TABLE 60 India Isobutene Market, 2023 - 2030, Kilo Tonnes
TABLE 61 India Isobutene Market, By Product, 2019 - 2022, USD Million
TABLE 62 India Isobutene Market, By Product, 2023 - 2030, USD Million
TABLE 63 India Isobutene Market, By Product, 2019 - 2022, Kilo Tonnes
TABLE 64 India Isobutene Market, By Product, 2023 - 2030, Kilo Tonnes
TABLE 65 India Isobutene Market, By Application, 2019 - 2022, USD Million
TABLE 66 India Isobutene Market, By Application, 2023 - 2030, USD Million
TABLE 67 India Isobutene Market, By Application, 2019 - 2022, Kilo Tonnes
TABLE 68 India Isobutene Market, By Application, 2023 - 2030, Kilo Tonnes
TABLE 69 Japan Isobutene Market, 2019 - 2022, USD Million
TABLE 70 Japan Isobutene Market, 2023 - 2030, USD Million
TABLE 71 Japan Isobutene Market, 2019 - 2022, Kilo Tonnes
TABLE 72 Japan Isobutene Market, 2023 - 2030, Kilo Tonnes
TABLE 73 Japan Isobutene Market, By Product, 2019 - 2022, USD Million
TABLE 74 Japan Isobutene Market, By Product, 2023 - 2030, USD Million
TABLE 75 Japan Isobutene Market, By Product, 2019 - 2022, Kilo Tonnes
TABLE 76 Japan Isobutene Market, By Product, 2023 - 2030, Kilo Tonnes
TABLE 77 Japan Isobutene Market, By Application, 2019 - 2022, USD Million
TABLE 78 Japan Isobutene Market, By Application, 2023 - 2030, USD Million
TABLE 79 Japan Isobutene Market, By Application, 2019 - 2022, Kilo Tonnes
TABLE 80 Japan Isobutene Market, By Application, 2023 - 2030, Kilo Tonnes
TABLE 81 South Korea Isobutene Market, 2019 - 2022, USD Million
TABLE 82 South Korea Isobutene Market, 2023 - 2030, USD Million
TABLE 83 South Korea Isobutene Market, 2019 - 2022, Kilo Tonnes
TABLE 84 South Korea Isobutene Market, 2023 - 2030, Kilo Tonnes
TABLE 85 South Korea Isobutene Market, By Product, 2019 - 2022, USD Million
TABLE 86 South Korea Isobutene Market, By Product, 2023 - 2030, USD Million
TABLE 87 South Korea Isobutene Market, By Product, 2019 - 2022, Kilo Tonnes
TABLE 88 South Korea Isobutene Market, By Product, 2023 - 2030, Kilo Tonnes
TABLE 89 South Korea Isobutene Market, By Application, 2019 - 2022, USD Million
TABLE 90 South Korea Isobutene Market, By Application, 2023 - 2030, USD Million
TABLE 91 South Korea Isobutene Market, By Application, 2019 - 2022, Kilo Tonnes
TABLE 92 South Korea Isobutene Market, By Application, 2023 - 2030, Kilo Tonnes
TABLE 93 Singapore Isobutene Market, 2019 - 2022, USD Million
TABLE 94 Singapore Isobutene Market, 2023 - 2030, USD Million
TABLE 95 Singapore Isobutene Market, 2019 - 2022, Kilo Tonnes
TABLE 96 Singapore Isobutene Market, 2023 - 2030, Kilo Tonnes
TABLE 97 Singapore Isobutene Market, By Product, 2019 - 2022, USD Million
TABLE 98 Singapore Isobutene Market, By Product, 2023 - 2030, USD Million
TABLE 99 Singapore Isobutene Market, By Product, 2019 - 2022, Kilo Tonnes
TABLE 100 Singapore Isobutene Market, By Product, 2023 - 2030, Kilo Tonnes
TABLE 101 Singapore Isobutene Market, By Application, 2019 - 2022, USD Million
TABLE 102 Singapore Isobutene Market, By Application, 2023 - 2030, USD Million
TABLE 103 Singapore Isobutene Market, By Application, 2019 - 2022, Kilo Tonnes
TABLE 104 Singapore Isobutene Market, By Application, 2023 - 2030, Kilo Tonnes
TABLE 105 Malaysia Isobutene Market, 2019 - 2022, USD Million
TABLE 106 Malaysia Isobutene Market, 2023 - 2030, USD Million
TABLE 107 Malaysia Isobutene Market, 2019 - 2022, Kilo Tonnes
TABLE 108 Malaysia Isobutene Market, 2023 - 2030, Kilo Tonnes
TABLE 109 Malaysia Isobutene Market, By Product, 2019 - 2022, USD Million
TABLE 110 Malaysia Isobutene Market, By Product, 2023 - 2030, USD Million
TABLE 111 Malaysia Isobutene Market, By Product, 2019 - 2022, Kilo Tonnes
TABLE 112 Malaysia Isobutene Market, By Product, 2023 - 2030, Kilo Tonnes
TABLE 113 Malaysia Isobutene Market, By Application, 2019 - 2022, USD Million
TABLE 114 Malaysia Isobutene Market, By Application, 2023 - 2030, USD Million
TABLE 115 Malaysia Isobutene Market, By Application, 2019 - 2022, Kilo Tonnes
TABLE 116 Malaysia Isobutene Market, By Application, 2023 - 2030, Kilo Tonnes
TABLE 117 Rest of Asia Pacific Isobutene Market, 2019 - 2022, USD Million
TABLE 118 Rest of Asia Pacific Isobutene Market, 2023 - 2030, USD Million
TABLE 119 Rest of Asia Pacific Isobutene Market, 2019 - 2022, Kilo Tonnes
TABLE 120 Rest of Asia Pacific Isobutene Market, 2023 - 2030, Kilo Tonnes
TABLE 121 Rest of Asia Pacific Isobutene Market, By Product, 2019 - 2022, USD Million
TABLE 122 Rest of Asia Pacific Isobutene Market, By Product, 2023 - 2030, USD Million
TABLE 123 Rest of Asia Pacific Isobutene Market, By Product, 2019 - 2022, Kilo Tonnes
TABLE 124 Rest of Asia Pacific Isobutene Market, By Product, 2023 - 2030, Kilo Tonnes
TABLE 125 Rest of Asia Pacific Isobutene Market, By Application, 2019 - 2022, USD Million
TABLE 126 Rest of Asia Pacific Isobutene Market, By Application, 2023 - 2030, USD Million
TABLE 127 Rest of Asia Pacific Isobutene Market, By Application, 2019 - 2022, Kilo Tonnes
TABLE 128 Rest of Asia Pacific 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

Asia Pacific 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