Isobutene Market Report: Trends, Forecast and Competitive Analysis to 2030

Isobutene Trends and Forecast

The future of the global isobutene market looks promising with opportunities in the automotive, aerospace, antioxidants, and pharmaceuticals markets. The global isobutene market is expected to grow with a CAGR of 5.5% from 2024 to 2030. The major drivers for this market are growing demand from end-use industries and increasing automotive and aerospace industry and manufacturing of tires and tubes.

A more than 150-page report is developed to help in your business decisions.

Isobutene by Segment

The study includes a forecast for the global isobutene by product type, application, and region.

Isobutene Market by Product Type [Shipment Analysis by Value from 2018 to 2030]:

• Methyl Tert-Butyl Ether (MTBE)
• Ethyl Tert-Butyl Ether (ETBE)

Isobutene Market by Application [Shipment Analysis by Value from 2018 to 2030]:

• Automotive
• Aerospace
• Antioxidants
• Pharmaceuticals

Isobutene Market by Region [Shipment Analysis by Value from 2018 to 2030]:

• North America
• Europe
• Asia Pacific
• The Rest of the World

List of Isobutene Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies isobutene companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the isobutene companies profiled in this report include-

• Basf
• Evonik
• Exxonmobil
• Abi Chemicals
• Global Bioenergies

Isobutene Market Insights

Lucintel forecasts that methyl tert-butyl ether (MTBE) is expected to witness the highest growth over the forecast period due to broad application scope in end-use industries.

Within this market, automotive will remain the largest segment due to minimal permeability in gases and liquids, chemical resistance, and superior damping.

North America is expected to witness highest growth over the forecast period due to the more spending on passenger cars and light vehicles.

Features of the Global Isobutene Market

Market Size Estimates: Isobutene market size estimation in terms of value ($B).

Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.

Segmentation Analysis: Isobutene market size by product type, application, and region in terms of value ($B).

Regional Analysis: Isobutene market breakdown by North America, Europe, Asia Pacific, and Rest of the World.

Growth Opportunities: Analysis of growth opportunities in different product type, application, and regions for the isobutene market.

Strategic Analysis: This includes M&A, new product development, and competitive landscape of the isobutene market.

Analysis of competitive intensity of the industry based on Porter's Five Forces model.

FAQ

Q1. What is the growth forecast for isobutene market?

Answer: The global isobutene market is expected to grow with a CAGR of 5.5% from 2024 to 2030.

Q2. What are the major drivers influencing the growth of the isobutene market?

Answer: The major drivers for this market are growing demand from end-use industries and increasing automotive and aerospace industry and manufacturing of tires and tubes.

Q3. What are the major segments for isobutene market?

Answer: The future of the isobutene market looks promising with opportunities in the automotive, aerospace, antioxidants, and pharmaceuticals markets.

Q4. Who are the key isobutene market companies?

Answer: Some of the key isobutene companies are as follows.

• Basf
• Evonik
• Exxonmobil
• Abi Chemicals
• Global Bioenergies

Q5. Which isobutene market segment will be the largest in future?

Answer: Lucintel forecasts that methyl tert-butyl ether (MTBE) is expected to witness the highest growth over the forecast period due to broad application scope in end-use industries.

Q6. In isobutene market, which region is expected to be the largest in next 5 years?

Answer: North America is expected to witness highest growth over the forecast period due to the more spending on passenger cars and light vehicles.

Q7. Do we receive customization in this report?

Answer: Yes, Lucintel provides 10% customization without any additional cost.

This report answers following 11 key questions:

• Q.1. What are some of the most promising, high-growth opportunities for the isobutene market by product type (methyl tert-butyl ether (MTBE) and ethyl tert-butyl ether (ETBE)), application (automotive, aerospace, antioxidants, and pharmaceuticals), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
• Q.2. Which segments will grow at a faster pace and why?
• Q.3. Which region will grow at a faster pace and why?
• Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
• Q.5. What are the business risks and competitive threats in this market?
• Q.6. What are the emerging trends in this market and the reasons behind them?
• Q.7. What are some of the changing demands of customers in the market?
• Q.8. What are the new developments in the market? Which companies are leading these developments?
• Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
• Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
• Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?