Isobutene Market - Top Companies and Manufacturers

Companies Dominating the Isobutene Landscape:

Key players in the isobutene market are employing several organic and inorganic tactics such as the introduction of new products, strategic collaborations and partnerships, regional expansion, and more to earn more. Leading companies are investing heavily in R&D to introduce advanced isobutene derivatives and tap into different markets. They are also collaborating with other players and research organizations to innovate their product folio and attract a wider customer base.

Some of the key players include:

BASF
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Evonik Industries AG.
Global Bioenergies
Honeywell International
LyondellBasell Industries
Yuhua Group
Weifang Binhai Petro-Chem Co.Ltd.
TPC Group
Exxon Mobil Corporation
ABI Chemicals
Praxair
Zoucheng Qifa Chemical Co.Ltd.
Nizhnekamskneftekhim
Enterprise Products Partners
Syngip BV
LanzaTech
China Petroleum & Chemical Corporation
SINOPEC Beijing Yanshan Company
Yuhuang Chemical Inc
SONGWON Industrial Group

Browse Key Market Insights with Data Illustration:

Isobutene Market Size & Share | Growth Trends 2037

In the News

In April 2022, BASF and SINOPEC came together for the production of several chemical capacities including tert-butyl acrylate in China. The move is expected to meet the needs of various industries in the country.
In June 2o22, Shell gave an order to Global Bioenergies for testing volumes of bio-isobutene derivatives. These derivatives are used in various sectors including cosmetics, fuel, and fine chemicals.
In March 2021, BASF and OMV joined hands for the production of high-purity isobutene at the plant situated in Burghausen, Germany. The plant makes use of novel direct production technology developed by BASF and OMV.

Frequently Asked Questions (FAQ)

The global isobutene market will be valued at USD 32.7 billion in 2025.

Expanding at a CAGR of 4.7%, the global market is expected to increase from USD 31.1 billion in 2024 to USD 56.7 billion by 2037.

Some of the leading companies are BASF, Evonik Industries AG., Global Bioenergies, and Honeywell International.

Methyl tert-butyl ether (MTBE) is estimated to capture a strong 85.5% of the market share through 2037.

North America leads the global demand for isobutene and is expected to hold a 47.5% market share through 2037.

Isobutene Market - Top Companies and Manufacturers

Companies Dominating the Isobutene Landscape:

Browse Key Market Insights with Data Illustration:

In the News

Frequently Asked Questions (FAQ)

How big is the isobutene market?

What is the outlook for the isobutene market?

Who are the major key players dominating the isobutene market?

Which product segment is expected to lead the isobutene market by 2037?

Which region will provide more business opportunities for the growth of the isobutene market in the future?