The report analyzes the leading players The report analyzes the leading players of the global Isobutene market drivers and restraints market by inspecting their market share, recent developments, new product launches, partnerships, mergers, or acquisitions, and their target markets. This report also includes an exhaustive analysis of their product profiles to explore the products and applications their operations are concentrated on in the global Isobutene market drivers and restraints market.
Its panoramic view of the Isobutene industry entails useful insights into the estimated Isobutene market size, revenue share, and sales & distribution networks. Such helpful market insights are bound to help readers outline this industry’s key outcomes in the near future. Those are further intended to assist businesses involved in this sector in sound decision-making and formulating lucrative business plans. The primary addressees of this report include some of the globally renowned venture capitalists. The report offers these individuals a vivid description of the competitive spectrum of the global Isobutene market.
The global isobutene market size is expected to reach USD 39.60 Billion in 2030 and register a steady revenue CAGR of 4.6% over the forecast period, according to latest analysis by Emergen Research. Market revenue growth is primary driven by factors such as development of bio-based isobutene and high demand from end-use industries such as automotive and aerospace. For instance, on behalf of German-French business Global Bioenergies, Fraunhofer Center for Chemical-Biotechnological Processes CBP conducted research and developed a process for generation of fuels and fuel additives from biogenic isobutene, as a part of "BioFAA" project. Isobutene, one of the most important compounds in the petrochemical sector, is currently generated economically only from fossil resources, mostly petroleum. Global Bioenergies produces biogenic isobutene required for the project utilizing a self-developed method from renewable raw sources (e.g. cereals, sugar, agricultural or forestry waste). To do this, Global Bioenergies and Fraunhofer CBP collaborated to establish a demonstration plant for fermentative manufacture of bio-based isobutene from sugars on the Fraunhofer CBP site in Leuna.
The study outlines the rapidly evolving and growing market segments along with valuable insights into each element of the industry. The industry has witnessed the entry of several new players, and the report aims to deliver insightful information about their transition and growth in the market. Mergers, acquisitions, partnerships, agreements, product launches, and joint ventures are all outlined in the report.
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Market Scope: The report explains the scope of various commercial possibilities in the global Isobutene market over the upcoming years. The estimated revenue build-up over the forecast years has been included in the report. The report analyzes the key market segments and sub-segments and provides deep insights into the market to assist readers with the formulation of lucrative strategies for business expansion.
Competitive Outlook: The leading companies operating in the Isobutene market have been enumerated in this report. This section of the report lays emphasis on the geographical reach and production facilities of these companies. To get ahead of their rivals, the leading players are focusing more on offering products at competitive prices, according to our analysts.
Report Objective: The primary objective of this report is to provide the manufacturers, distributors, suppliers, and buyers engaged in this sector with access to a deeper and improved understanding of the global Isobutene market.
Competitive Terrain: The global Isobutene industry is highly consolidated owing to the presence of renowned companies operating across several international and local segments of the market. These players dominate the industry in terms of their strong geographical reach and a large number of production facilities. The companies are intensely competitive against one another and excel in their individual technological capabilities, as well as product development, innovation, and product pricing strategies.
The leading market contenders listed in the report are:
BASF SE, Evonik Industries AG, Exxon Mobil Corporation, ABI Chem Germany, Global Bioenergies, Praxair Technology, Inc., Syngip BV, LanzaTech, Songwon, and Honeywell International Inc
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Market Segmentations of the Isobutene Market
This market is segmented based on Types, Applications, and Regions. The growth of each segment provides accurate forecasts related to production and sales by Types and Applications, in terms of volume. This analysis can help readers looking to expand their business by targeting emerging and niche markets. Market share data is given on both global and regional levels. Regions covered in the report are North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Research analysts assess the market positions of the leading competitors and provide competitive analysis for each company. For this study, this report segments the global Isobutene market on the basis of product, application, and region:
Segments Covered in this report are:
Product Outlook (Revenue, USD Billion; 2019-2030)
- Methyl Tert-Butyl Ether (MTBE)
- Ethyl Tert-Butyl Ether (ETBE)
Application Outlook (Revenue, USD Billion; 2019-2030)
- Automotive
- Aerospace
- Antioxidants
- Pharmaceuticals
- Other Applications
Regional Outlook (Revenue, USD Billion; 2019-2030)
- North America
- U.S.
- Canada
- Mexico
- Europe
- Germany
- UK
- France
- Spain
- BENELUX
- Rest of Europe
- Asia Pacific
- China
- India
- Japan
- South Korea
- Rest of APAC
- Latin America
- Brazil
- Rest of LATAM
- Middle East & Africa
- Saudi Arabia
- UAE
- Israel
- Rest of Middle East & Africa
- North America
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Regional Outlook of the Isobutene Market
The research report offers a comprehensive regional analysis of the market with regards to production and consumption patterns, import/export, market size and share in terms of volume and value, supply and demand dynamics, and presence of prominent players in each market.
Regional Analysis Covers:
- North America (U.S., Canada)
- Europe (U.K., Italy, Germany, France, Rest of EU)
- Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
- Latin America (Chile, Brazil, Argentina, Rest of Latin America)
- Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
Research Report on the Isobutene Market Addresses the Following Key Questions:
- Who are the dominant players of the Isobutene market?
- Which regional market is anticipated to have a high growth rate over the projected period?
- What consumer trends and demands are expected to influence the operations of the market players in the Isobutene market?
- What are the key growth drivers and restraining factors of the Isobutene market?
- What are the expansion plans and strategic investment plans undertaken by the players to gain a robust footing in the market?
- What is the overall impact of the COVID-19 pandemic on the Isobutene market and its key segments?
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