Isobutene Market Share

  • Report ID: 6445
  • Published Date: Jan 10, 2025
  • Report Format: PDF, PPT

Isobutene Industry - Regional Scope

North America Market Forecast

North America industry is anticipated to hold largest revenue share of 47.5% by 2037. The rapid advancements in the pharma and aerospace sectors are contributing to the increasing sales of isobutene. The ongoing innovations in isobutene production technologies and the increasing number of chemical manufacturing plants in the region are also fuelling the market growth.

Increasing at a CAGR of 5.5%, the U.S. isobutene market is estimated to be valued at USD 10.7 billion in 2025. The rising popularity of super and high-performance cars is driving the demand for isobutene. Isobutene is primarily exhibiting a swift application in the production of high-octane gasoline and fuel additives, which aids in improving vehicle performance and efficiency.

In Canada, the sales of isobutene are directly influenced by the swiftly expanding petrochemical sector. Isobutene is a key material for the production of polymers and chemicals, and the rising demand for specialty chemicals is anticipated to boost the market growth in the country.

APAC Market Statistics

Asia Pacific isobutene market is poised to grow at over 5.5% CAGR between 2025 and 2037, owing to the increasing infrastructure development activities. The increasing number of chemical manufacturing plants is anticipated to aid Asia Pacific in capturing 25.5% of the global market share by 2037. India, China, Japan, and South Korea are some high-growth marketplaces in Asia Pacific.

The chemical industry in India is expanding rapidly driven by the increasing investments in new facilities and technologies. Isobutene is essential in the production of synthetic rubber, plastics, and other chemicals, boosting its demand growth. India is the 3rd largest chemical producer in Asia Pacific, contributing 7% to its GDP. The India Brand Equity Foundation estimates that the India chemical market is projected to reach USD 1.0 trillion by 2040.

Isobutene Market Share

Browse key industry insights with market data tables & charts from the report:

Frequently Asked Questions (FAQ)

In the year 2025, the industry size of isobutene is assessed at USD 32.58 billion.

The isobutene market size was valued at USD 31.26 billion in 2024 and is expected to reach USD 56.79 billion by 2037, expanding at around 4.7% CAGR during the forecast period i.e., between 2025-2037.

North America industry is anticipated to hold largest revenue share of 47.5% by 2037, led by rapid advancements in the pharma and aerospace sectors.

The major players in the market include BASF, Evonik Industries AG., Global Bioenergies, and Honeywell International.
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