PUBLISHER: KBV Research | PRODUCT CODE: 1384876
PUBLISHER: KBV Research | PRODUCT CODE: 1384876
LAMEA 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
The Latin America, Middle East and Africa Isobutene Market would witness market growth of 6.0% CAGR during the forecast period (2023-2030). In the year 2026, the LAMEA market's volume is expected to surge to 2,008.6 Kilo Tonnes, showcasing a growth of 6.3% (2023-2030).
The growing focus on sustainability and renewable resources can drive interest in renewable isobutene production. Market dynamics can be influenced by efforts to lower the carbon footprint and reliance on fossil fuels. Advances in production technology, including new methods for isobutene production from biomass or alternative feedstocks, can impact the market by altering supply chains and costs. The presence and strategies of major producers and suppliers in the market, including their capacity expansions, acquisitions, and pricing strategies, can affect the market's dynamics. Geopolitical tensions and events in major oil-producing regions can lead to fluctuations in crude oil prices, which, in turn, can influence isobutene prices and production. Changing customer preferences, such as the demand for more fuel-efficient vehicles and eco-friendly products, can influence the types of isobutene-derived products in demand.
The overall market size and growth rate can impact investor sentiment and long-term market stability. Government policies, including trade regulations, tariffs, and bio-based or sustainable production incentives, can shape the market environment. Extreme weather circumstances can disrupt supply chains and impact production facilities, particularly in regions prone to natural disasters. Exchange rate changes can affect the cost of imported and exported isobutene and its derivatives, impacting pricing and trade dynamics. Regulations related to the safe handling and transportation of isobutene can impact production and distribution costs.
The International Trade Administration estimates that the Middle East/North Africa (MENA) region is expanding at 36%, with Saudi Arabia's industry as the region's leader. In 2020, Saudi Arabia accounted for nearly 52% of all vehicles sold in the Gulf Cooperation Council (GCC) and 35% in the MENA region. In 2019 and 2020, Saudi Arabia sold 556 thousand and 436 thousand vehicles, respectively. Sales are expected to reach 543,000 units by 2025, with only 32,000 being electric vehicles (EVs). As more consumers and fleets adopt electric vehicles, there may be a reduction in the demand for traditional gasoline and diesel fuels in Saudi Arabia. This shift can influence the demand for isobutene-derived high-octane fuel additives, which are typically used in internal combustion engine (ICE) vehicles. The aspects mentioned above will expand the market growth in this region.
The Brazil market dominated the LAMEA Isobutene Market, By Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $757.1 Million by 2030. The Argentina market is showcasing a CAGR of 6.5% during (2023 - 2030). Additionally, The UAE market would register a CAGR of 6.2% 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 Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
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)
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
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
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- Highest number of market tables and figures
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Table of Contents
Chapter 1. Market Scope & Methodology
- 1.1 Market Definition
- 1.2 Objectives
- 1.3 Market Scope
- 1.4 Segmentation
- 1.4.1 LAMEA Isobutene Market, by Product
- 1.4.2 LAMEA Isobutene Market, by Application
- 1.4.3 LAMEA 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
- 3.1.1 Overview
- 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. LAMEA Isobutene Market, By Product
- 5.1 LAMEA Methyl tert-butyl ether (MTBE) Market, By Country
- 5.2 LAMEA Ethyl tert-butyl ether (ETBE) Market, By Country
Chapter 6. LAMEA Isobutene Market, By Application
- 6.1 LAMEA Automotive Market, By Country
- 6.2 LAMEA Aerospace Market, By Country
- 6.3 LAMEA Pharmaceuticals Market, By Country
- 6.4 LAMEA Antioxidants Market, By Country
- 6.5 LAMEA Others Market, By Country
Chapter 7. LAMEA Isobutene Market, By Country
- 7.1 Brazil Isobutene Market
- 7.1.1 Brazil Isobutene Market, By Product
- 7.1.2 Brazil Isobutene Market, By Application
- 7.2 Argentina Isobutene Market
- 7.2.1 Argentina Isobutene Market, By Product
- 7.2.2 Argentina Isobutene Market, By Application
- 7.3 UAE Isobutene Market
- 7.3.1 UAE Isobutene Market, By Product
- 7.3.2 UAE Isobutene Market, By Application
- 7.4 Saudi Arabia Isobutene Market
- 7.4.1 Saudi Arabia Isobutene Market, By Product
- 7.4.2 Saudi Arabia Isobutene Market, By Application
- 7.5 South Africa Isobutene Market
- 7.5.1 South Africa Isobutene Market, By Product
- 7.5.2 South Africa Isobutene Market, By Application
- 7.6 Nigeria Isobutene Market
- 7.6.1 Nigeria Isobutene Market, By Product
- 7.6.2 Nigeria Isobutene Market, By Application
- 7.7 Rest of LAMEA Isobutene Market
- 7.7.1 Rest of LAMEA Isobutene Market, By Product
- 7.7.2 Rest of LAMEA 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 LAMEA Isobutene Market, 2019 - 2022, USD Million
- TABLE 2 LAMEA Isobutene Market, 2023 - 2030, USD Million
- TABLE 3 LAMEA Isobutene Market, 2019 - 2022, Kilo Tonnes
- TABLE 4 LAMEA Isobutene Market, 2023 - 2030, Kilo Tonnes
- TABLE 5 LAMEA Isobutene Market, By Product, 2019 - 2022, USD Million
- TABLE 6 LAMEA Isobutene Market, By Product, 2023 - 2030, USD Million
- TABLE 7 LAMEA Isobutene Market, By Product, 2019 - 2022, Kilo Tonnes
- TABLE 8 LAMEA Isobutene Market, By Product, 2023 - 2030, Kilo Tonnes
- TABLE 9 LAMEA Methyl tert-butyl ether (MTBE) Market, By Country, 2019 - 2022, USD Million
- TABLE 10 LAMEA Methyl tert-butyl ether (MTBE) Market, By Country, 2023 - 2030, USD Million
- TABLE 11 LAMEA Methyl tert-butyl ether (MTBE) Market, By Country, 2019 - 2022, Kilo Tonnes
- TABLE 12 LAMEA Methyl tert-butyl ether (MTBE) Market, By Country, 2023 - 2030, Kilo Tonnes
- TABLE 13 LAMEA Ethyl tert-butyl ether (ETBE) Market, By Country, 2019 - 2022, USD Million
- TABLE 14 LAMEA Ethyl tert-butyl ether (ETBE) Market, By Country, 2023 - 2030, USD Million
- TABLE 15 LAMEA Ethyl tert-butyl ether (ETBE) Market, By Country, 2019 - 2022, Kilo Tonnes
- TABLE 16 LAMEA Ethyl tert-butyl ether (ETBE) Market, By Country, 2023 - 2030, Kilo Tonnes
- TABLE 17 LAMEA Isobutene Market, By Application, 2019 - 2022, USD Million
- TABLE 18 LAMEA Isobutene Market, By Application, 2023 - 2030, USD Million
- TABLE 19 LAMEA Isobutene Market, By Application, 2019 - 2022, Kilo Tonnes
- TABLE 20 LAMEA Isobutene Market, By Application, 2023 - 2030, Kilo Tonnes
- TABLE 21 LAMEA Automotive Market, By Country, 2019 - 2022, USD Million
- TABLE 22 LAMEA Automotive Market, By Country, 2023 - 2030, USD Million
- TABLE 23 LAMEA Automotive Market, By Country, 2019 - 2022, Kilo Tonnes
- TABLE 24 LAMEA Automotive Market, By Country, 2023 - 2030, Kilo Tonnes
- TABLE 25 LAMEA Aerospace Market, By Country, 2019 - 2022, USD Million
- TABLE 26 LAMEA Aerospace Market, By Country, 2023 - 2030, USD Million
- TABLE 27 LAMEA Aerospace Market, By Country, 2019 - 2022, Kilo Tonnes
- TABLE 28 LAMEA Aerospace Market, By Country, 2023 - 2030, Kilo Tonnes
- TABLE 29 LAMEA Pharmaceuticals Market, By Country, 2019 - 2022, USD Million
- TABLE 30 LAMEA Pharmaceuticals Market, By Country, 2023 - 2030, USD Million
- TABLE 31 LAMEA Pharmaceuticals Market, By Country, 2019 - 2022, Kilo Tonnes
- TABLE 32 LAMEA Pharmaceuticals Market, By Country, 2023 - 2030, Kilo Tonnes
- TABLE 33 LAMEA Antioxidants Market, By Country, 2019 - 2022, USD Million
- TABLE 34 LAMEA Antioxidants Market, By Country, 2023 - 2030, USD Million
- TABLE 35 LAMEA Antioxidants Market, By Country, 2019 - 2022, Kilo Tonnes
- TABLE 36 LAMEA Antioxidants Market, By Country, 2023 - 2030, Kilo Tonnes
- TABLE 37 LAMEA Others Market, By Country, 2019 - 2022, USD Million
- TABLE 38 LAMEA Others Market, By Country, 2023 - 2030, USD Million
- TABLE 39 LAMEA Others Market, By Country, 2019 - 2022, Kilo Tonnes
- TABLE 40 LAMEA Others Market, By Country, 2023 - 2030, Kilo Tonnes
- TABLE 41 LAMEA Isobutene Market, By Country, 2019 - 2022, USD Million
- TABLE 42 LAMEA Isobutene Market, By Country, 2023 - 2030, USD Million
- TABLE 43 LAMEA Isobutene Market, By Country, 2019 - 2022, Kilo Tonnes
- TABLE 44 LAMEA Isobutene Market, By Country, 2023 - 2030, Kilo Tonnes
- TABLE 45 Brazil Isobutene Market, 2019 - 2022, USD Million
- TABLE 46 Brazil Isobutene Market, 2023 - 2030, USD Million
- TABLE 47 Brazil Isobutene Market, 2019 - 2022, Kilo Tonnes
- TABLE 48 Brazil Isobutene Market, 2023 - 2030, Kilo Tonnes
- TABLE 49 Brazil Isobutene Market, By Product, 2019 - 2022, USD Million
- TABLE 50 Brazil Isobutene Market, By Product, 2023 - 2030, USD Million
- TABLE 51 Brazil Isobutene Market, By Product, 2019 - 2022, Kilo Tonnes
- TABLE 52 Brazil Isobutene Market, By Product, 2023 - 2030, Kilo Tonnes
- TABLE 53 Brazil Isobutene Market, By Application, 2019 - 2022, USD Million
- TABLE 54 Brazil Isobutene Market, By Application, 2023 - 2030, USD Million
- TABLE 55 Brazil Isobutene Market, By Application, 2019 - 2022, Kilo Tonnes
- TABLE 56 Brazil Isobutene Market, By Application, 2023 - 2030, Kilo Tonnes
- TABLE 57 Argentina Isobutene Market, 2019 - 2022, USD Million
- TABLE 58 Argentina Isobutene Market, 2023 - 2030, USD Million
- TABLE 59 Argentina Isobutene Market, 2019 - 2022, Kilo Tonnes
- TABLE 60 Argentina Isobutene Market, 2023 - 2030, Kilo Tonnes
- TABLE 61 Argentina Isobutene Market, By Product, 2019 - 2022, USD Million
- TABLE 62 Argentina Isobutene Market, By Product, 2023 - 2030, USD Million
- TABLE 63 Argentina Isobutene Market, By Product, 2019 - 2022, Kilo Tonnes
- TABLE 64 Argentina Isobutene Market, By Product, 2023 - 2030, Kilo Tonnes
- TABLE 65 Argentina Isobutene Market, By Application, 2019 - 2022, USD Million
- TABLE 66 Argentina Isobutene Market, By Application, 2023 - 2030, USD Million
- TABLE 67 Argentina Isobutene Market, By Application, 2019 - 2022, Kilo Tonnes
- TABLE 68 Argentina Isobutene Market, By Application, 2023 - 2030, Kilo Tonnes
- TABLE 69 UAE Isobutene Market, 2019 - 2022, USD Million
- TABLE 70 UAE Isobutene Market, 2023 - 2030, USD Million
- TABLE 71 UAE Isobutene Market, 2019 - 2022, Kilo Tonnes
- TABLE 72 UAE Isobutene Market, 2023 - 2030, Kilo Tonnes
- TABLE 73 UAE Isobutene Market, By Product, 2019 - 2022, USD Million
- TABLE 74 UAE Isobutene Market, By Product, 2023 - 2030, USD Million
- TABLE 75 UAE Isobutene Market, By Product, 2019 - 2022, Kilo Tonnes
- TABLE 76 UAE Isobutene Market, By Product, 2023 - 2030, Kilo Tonnes
- TABLE 77 UAE Isobutene Market, By Application, 2019 - 2022, USD Million
- TABLE 78 UAE Isobutene Market, By Application, 2023 - 2030, USD Million
- TABLE 79 UAE Isobutene Market, By Application, 2019 - 2022, Kilo Tonnes
- TABLE 80 UAE Isobutene Market, By Application, 2023 - 2030, Kilo Tonnes
- TABLE 81 Saudi Arabia Isobutene Market, 2019 - 2022, USD Million
- TABLE 82 Saudi Arabia Isobutene Market, 2023 - 2030, USD Million
- TABLE 83 Saudi Arabia Isobutene Market, 2019 - 2022, Kilo Tonnes
- TABLE 84 Saudi Arabia Isobutene Market, 2023 - 2030, Kilo Tonnes
- TABLE 85 Saudi Arabia Isobutene Market, By Product, 2019 - 2022, USD Million
- TABLE 86 Saudi Arabia Isobutene Market, By Product, 2023 - 2030, USD Million
- TABLE 87 Saudi Arabia Isobutene Market, By Product, 2019 - 2022, Kilo Tonnes
- TABLE 88 Saudi Arabia Isobutene Market, By Product, 2023 - 2030, Kilo Tonnes
- TABLE 89 Saudi Arabia Isobutene Market, By Application, 2019 - 2022, USD Million
- TABLE 90 Saudi Arabia Isobutene Market, By Application, 2023 - 2030, USD Million
- TABLE 91 Saudi Arabia Isobutene Market, By Application, 2019 - 2022, Kilo Tonnes
- TABLE 92 Saudi Arabia Isobutene Market, By Application, 2023 - 2030, Kilo Tonnes
- TABLE 93 South Africa Isobutene Market, 2019 - 2022, USD Million
- TABLE 94 South Africa Isobutene Market, 2023 - 2030, USD Million
- TABLE 95 South Africa Isobutene Market, 2019 - 2022, Kilo Tonnes
- TABLE 96 South Africa Isobutene Market, 2023 - 2030, Kilo Tonnes
- TABLE 97 South Africa Isobutene Market, By Product, 2019 - 2022, USD Million
- TABLE 98 South Africa Isobutene Market, By Product, 2023 - 2030, USD Million
- TABLE 99 South Africa Isobutene Market, By Product, 2019 - 2022, Kilo Tonnes
- TABLE 100 South Africa Isobutene Market, By Product, 2023 - 2030, Kilo Tonnes
- TABLE 101 South Africa Isobutene Market, By Application, 2019 - 2022, USD Million
- TABLE 102 South Africa Isobutene Market, By Application, 2023 - 2030, USD Million
- TABLE 103 South Africa Isobutene Market, By Application, 2019 - 2022, Kilo Tonnes
- TABLE 104 South Africa Isobutene Market, By Application, 2023 - 2030, Kilo Tonnes
- TABLE 105 Nigeria Isobutene Market, 2019 - 2022, USD Million
- TABLE 106 Nigeria Isobutene Market, 2023 - 2030, USD Million
- TABLE 107 Nigeria Isobutene Market, 2019 - 2022, Kilo Tonnes
- TABLE 108 Nigeria Isobutene Market, 2023 - 2030, Kilo Tonnes
- TABLE 109 Nigeria Isobutene Market, By Product, 2019 - 2022, USD Million
- TABLE 110 Nigeria Isobutene Market, By Product, 2023 - 2030, USD Million
- TABLE 111 Nigeria Isobutene Market, By Product, 2019 - 2022, Kilo Tonnes
- TABLE 112 Nigeria Isobutene Market, By Product, 2023 - 2030, Kilo Tonnes
- TABLE 113 Nigeria Isobutene Market, By Application, 2019 - 2022, USD Million
- TABLE 114 Nigeria Isobutene Market, By Application, 2023 - 2030, USD Million
- TABLE 115 Nigeria Isobutene Market, By Application, 2019 - 2022, Kilo Tonnes
- TABLE 116 Nigeria Isobutene Market, By Application, 2023 - 2030, Kilo Tonnes
- TABLE 117 Rest of LAMEA Isobutene Market, 2019 - 2022, USD Million
- TABLE 118 Rest of LAMEA Isobutene Market, 2023 - 2030, USD Million
- TABLE 119 Rest of LAMEA Isobutene Market, 2019 - 2022, Kilo Tonnes
- TABLE 120 Rest of LAMEA Isobutene Market, 2023 - 2030, Kilo Tonnes
- TABLE 121 Rest of LAMEA Isobutene Market, By Product, 2019 - 2022, USD Million
- TABLE 122 Rest of LAMEA Isobutene Market, By Product, 2023 - 2030, USD Million
- TABLE 123 Rest of LAMEA Isobutene Market, By Product, 2019 - 2022, Kilo Tonnes
- TABLE 124 Rest of LAMEA Isobutene Market, By Product, 2023 - 2030, Kilo Tonnes
- TABLE 125 Rest of LAMEA Isobutene Market, By Application, 2019 - 2022, USD Million
- TABLE 126 Rest of LAMEA Isobutene Market, By Application, 2023 - 2030, USD Million
- TABLE 127 Rest of LAMEA Isobutene Market, By Application, 2019 - 2022, Kilo Tonnes
- TABLE 128 Rest of LAMEA 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
