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Isobutene Market | Emergen Research

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.

The Global Isobutene Market report brings into light key market dynamics of the sector. This intelligence report includes investigations based on Current scenarios, Historical records, and Future predictions. The report contains different market predictions related to market size, revenue, production, CAGR, Consumption, gross margin, diagrams, graphs, pie charts, price, and other substantial factors. While emphasizing the key driving and restraining forces for this market, the report also offers a complete study of the future trends and developments of the market. It also examines the role of the leading market players involved in the industry including their corporate overview, financial summary and SWOT analysis.

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The report further studies the key companies operating in the industry and their company profiles, product portfolio, expansion strategies, and strategic alliances such as mergers and acquisitions, collaborations, and joint ventures, among others. It also offers insights into their market reach and global position, along with highlights about their achievements and financial standings.

Major Players/Manufacturers profiled 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.

Historical data available in the report elaborates on the development of the Isobutene on national, regional and international levels. Isobutene market Research Report presents a detailed analysis based on the thorough research of the overall market, particularly on questions that border on the market size, growth scenario, potential opportunities, operation landscape, trend analysis, and competitive analysis.

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Some Key Highlights

• On 13 January 2020, Enterprise Products Partners L.P. (NYSE: EPD) announced that its Isobutane Dehydrogenation (“iBDH”) plant in Mont Belvieu, Texas area recently began service, with volumes expected to continue ramping up during the next two weeks. The facility, which is supported by long-term, fee-based contracts with investment grade customers, will ultimately have the capability to process approximately 25,000 barrels per day of butane into nearly 1 billion pounds per year of isobutylene.
• The MTBE segment is expected to account for a large revenue share over the forecast period. This is attributed to its wide application scope in end-use industries such as automotive and aerospace. To raise fuel octane and reduce carbon monoxide, oxygenate additives such as ethanol and methyl-t-butyl ether are commonly added to gasoline. The addition of MTBE to gasoline decreased CO and HC emissions at high engine loads. Since 1979, MTBE has taken the position of lead as a low-concentration octane enhancer in U.S. gasoline as it helps to keep engines from “knocking.” Some gasoline had higher levels of MTBE between 1992 and 2005 to comply with oxygenate requirements set by Congress in 1990 Clean Air Act Amendments.

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Emergen Research has segmented the global isobutene market based on product, application, and region:

• 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

Research Methodology

Using secondary sources such as company websites, annual reports, press releases, financial data, investor presentations, articles, news, white papers, certified publications, and government publishing sources as a starting point for the research methodology used to estimate and forecast the size of the Global Isobutene Market. In addition, the research takes into account vendor offers in order to categorise the market.

Using this data, the research then calculates the size of the global Isobutene market using a bottom-up approach. Primary research included thorough interviews with senior executives, chief executive officers, and directors, as well as vice presidents (VPs) and managers to determine the size of the market. These categories and sub-segments were then confirmed and validated by secondary research. Data triangulation processes are then used to complete the total market engineering process and arrive at precise statistics for all segments and sub-segments

Major Regions Covered in the Isobutene Market Report:

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa

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Key Reasons to Buy This Report:

• The report presents a thorough examination of the Isobutene market, elaborating on its core segments. The report conducts historical and future assessments of the market dynamics and offers precise data in a well-organized order.
• The report evaluates the most prominent market growth potentials, dynamic market trends, driving factors, restraints, investment opportunities, and threats.
• The report is inclusive of an in-depth study of the industry variables, manufacturers’ value chain, sales volume, market share, competitive landscape, and effective business tactics.
• The report further identifies the key regions and segments dominating the market. These regions are foreseen to register fast-paced growth over the forecast duration.

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About Us:

Emergen Research is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyse consumer behavior shifts across demographics, across industries, and help clients make smarter business decisions. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Types, and Energy. We consistently update our research offerings to ensure our clients are aware of the latest trends existent in the market. Emergen Research has a strong base of experienced analysts from varied areas of expertise. Our industry experience and ability to develop a concrete solution to any research problems provides our clients with the ability to secure an edge over their respective competitors.

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