Isobutene Market Analysis By Product (Methyl Tert-Butyl Ether (MTBE), Ethyl Tert-Butyl Ether (ETBE)), By Application (Automotive, Aerospace, Antioxidants, Pharmaceuticals) And Segment Forecasts To 2024

Published: Oct, 2016 | Pages: 90 | Publisher: Grand View Research
Industry: Petrochemicals | Report Format: Electronic (PDF)

The global isobutene market is expected to reach USD 30.71 billion by 2024, according to a new report by Grand View Research, Inc. Regulatory policies aimed at carcinogenicity of petrochemicals to have a huge impact on industry dynamics and product development sources. The primary market driver is the growing demand for rubber from the automotive industry. It used primarily used as a precursor to various chemicals, for instance, in the polymerization reaction with isoprene for the production of polybutene. Polybutene, in simple terms, is butyl rubber used for the production of tires and other synthetic products.

Tire production increased exponentially in the emerging countries of Asia Pacific including China and India. This increase in production is attributable to the growing transportation sector in these economies. Factors such as low-cost land for production facilities and easy availability of skilled labor have had a positive impact on the growth trend. Asia Pacific accounted for over 33% of the global volume in 2015.

Further key findings from the report suggest:

The global isobutene market demand was estimated at 11.59 million tons in 2015 and is expected to reach 16.23 million tons by 2024, growing at a CAGR of 3.9% from 2016 to 2024

MTBE was the leading product segment and accounted for nearly 80% of the overall volume in 2015. However, growing concerns regarding groundwater contamination caused due to leakage of MTBE coupled with increasing popularity of ethanol as a gasoline blending agent is expected to segment impact growth negatively

The U.S. EPA has decided to ban MTBE to be used for gasoline blending in the nation on account of the aforementioned factor. The regulatory ban might have an influential role on policies established in other regions as well.

Automotive emerged as the leading application segment and accounted for over 35% of total market volume in 2015. The segment is also expected to witness the highest growth of 4.1% over the forecast period

Product development and capacity expansions remain key determinants of competitiveness. Evonik Industries increased its production capacity by three times in Antwerp, Belgium.

Global Bioenergies produced second generation bio sourced isobutene as an initiative to diversify accessible feedstock towards cheaper resources

Key industry participants include Evonik Industries, BASF, ExxonMobil, Praxair Inc., Syngip BV, LanzaTech Inc., ABI Chemicals, Songwon Industrial Co. Ltd., Honeywell International, TPC Group LLC, and LyondellBasell Industries

 Table of Contents

Chapter 1 Methodology and Scope
                   1.1 Research methodology
                   1.2 Research scope and assumptions
                   1.3 List of data sources

Chapter 2 Executive Summary

Chapter 3 Market Snapshot

Chapter 4 Market Variables, Trends & Scope
                   4.1 Market segmentation
                   4.2 Penetration & growth prospect mapping, 2014 - 2024
                   4.3 Isobutene market - value chain analysis
                      4.3.1 Vendor landscape
                   4.4 Supplier landscape
                      4.4.1 3B Scientific Corp.
                            4.4.1.1 Company Overview
                            4.4.1.2 Financial Performance
                            4.4.1.3 Product Benchmarking
                      4.4.2 Ambinter Chemicals
                            4.4.2.1 Company Overview
                            4.4.2.2 Financial Performance
                            4.4.2.3 Product Benchmarking
                      4.4.3 Tokyo Chemical Industry Co. Ltd.
                            4.4.3.1 Company Overview
                            4.4.3.2 Financial Performance
                            4.4.3.3 Product Benchmarking
                            4.4.3.4 Strategic Initiatives
                      4.4.4 Parchem Fine & Specialty Chemicals
                            4.4.4.1 Company Overview
                            4.4.4.2 Financial Performance
                            4.4.4.3 Product Benchmarking
                      4.4.5 Chemogas N.V.
                            4.4.5.1 Company Overview
                            4.4.5.2 Financial Performance
                            4.4.5.3 Product Benchmarking
                   4.5 Raw material outlook, 2014 - 2024
                   4.6 Regulatory framework
                   4.7 Isobutene market dynamics
                      4.7.1 Market driver analysis
                            4.7.1.1 Development of bio-based isobutene
                            4.7.1.2 Growing synthetic rubber consumption
                      4.7.2 Market restraint analysis
                            4.7.2.1 Raw material price volatility
                   4.8 Key opportunities prioritized
                      4.8.1 Opportunity assessment
                   4.9 Industry analysis - Porter's
                   4.10 Isobutene market company heat map analysis
                      4.10.1 Market strategy overview
                   4.11 Isobutene market - PESTEL analysis

Chapter 5 Market Categorization 1: Product Estimates & Trend Analysis
                   5.1 Product market introduction, 2015 & 2024
                   5.2 Methyl tert-butyl ether (MTBE)
                      5.2.1 Market estimates & forecast, 2014 - 2024
                      5.2.2 Market estimates & forecast, by region, 2014 - 2024
                   5.3 Ethyl tert-butyl ether (ETBE)
                      5.3.1 Market estimates & forecast, 2014 - 2024
                      5.3.2 Market estimates & forecast, by region, 2014 - 2024

Chapter 6 Market Categorization 2: Application Estimates & Trend Analysis
                   6.1 Isobutene market share by application, 2015 & 2024
                   6.2 Automotive
                      6.2.1 Market estimates & forecast, 2014 - 2024
                      6.2.2 Market t estimates & forecastby region, 2014 - 2024
                   6.3 Aerospace
                      6.3.1 Market estimates & forecast, 2014 - 2024
                      6.3.2 Market estimates & forecast, by region, 2014 - 2024
                   6.4 Antioxidants
                      6.4.1 Market estimates & forecast, 2014 - 2024
                      6.4.2 Market estimates & forecast, by region, 2014 - 2024
                   6.5 Pharmaceuticals
                      6.5.1 Market estimates & forecast, 2014 - 2024
                      6.5.2 Market estimates & forecastby region, 2014 - 2024
                   6.6 Other applications
                      6.6.1 Market estimates & forecast, 2014 - 2024
                      6.6.2 Market estimates & forecast, by region, 2014 - 2024

Chapter 7 Market Categorization 3: Regional Estimates & Trend Analysis
                   7.1 Regional Market Introduction, 2015 & 2024
                   7.2 North America
                      7.2.1 Market estimates & forecast, 2014 - 2024
                      7.2.2 Market estimates & forecast, by product, 2014 - 2024
                      7.2.3 Market estimates & forecast, by application, 2014 - 2024
                      7.2.4 U.S.
                            7.2.4.1 Market estimates & forecast, 2014 - 2024
                            7.2.4.2 Market estimates & forecast, by product, 2014 - 2024
                            7.2.4.3 Market estimates & forecast, by application, 2014 - 2024
                      7.2.5 Canada
                            7.2.5.1 Market estimates & forecast, 2014 - 2024
                            7.2.5.2 Market estimates & forecast, by product, 2014 - 2024
                            7.2.5.3 Market estimates & forecast, by application, 2014 - 2024
                   7.3 Europe
                      7.3.1 Market estimates & forecast, 2014 - 2024
                      7.3.2 Market estimates & forecast, by product, 2014 - 2024
                      7.3.3 Market estimates & forecast, by application, 2014 - 2024
                      7.3.4 Germany
                            7.3.4.1 Market estimates & forecast, 2014 - 2024
                            7.3.4.2 Market estimates & forecast, by product, 2014 - 2024
                            7.3.4.3 Market estimates & forecast, by application, 2014 - 2024
                      7.3.5 France
                            7.3.5.1 Market estimates & forecast, 2014 - 2024
                            7.3.5.2 Market estimates & forecast, by product, 2014 - 2024
                            7.3.5.3 Market estimates & forecast, by application, 2014 - 2024
                      7.3.6 UK
                            7.3.6.1 Market estimates & forecast, 2014 - 2024
                            7.3.6.2 Market estimates & forecast, by product, 2014 - 2024
                            7.3.6.3 Market estimates & forecast, by application, 2014 - 2024
                   7.4 Asia Pacific
                      7.4.1 Market estimates & forecast, 2014 - 2024
                      7.4.2 Market estimates & forecast, by product, 2014 - 2024
                      7.4.3 Market estimates & forecast, by application, 2014 - 2024
                      7.4.4 China
                            7.4.4.1 Market estimates & forecast, 2014 - 2024
                            7.4.4.2 Market estimates & forecast, by product, 2014 - 2024
                            7.4.4.3 Market estimates & forecast, by application, 2014 - 2024
                      7.4.5 India
                            7.4.5.1 Market estimates & forecast, 2014 - 2024
                            7.4.5.2 Market estimates & forecast, by product, 2014 - 2024
                            7.4.5.3 Market estimates & forecast, by application, 2014 - 2024
                      7.4.6 Japan
                            7.4.6.1 Market estimates & forecast, 2014 - 2024
                            7.4.6.2 Market estimates & forecast, by product, 2014 - 2024
                            7.4.6.3 Market estimates & forecast, by application, 2014 - 2024
                   7.5 Central & South America (CSA)
                      7.5.1 Market estimates & forecast, 2014 - 2024
                      7.5.2 Market estimates & forecast, by product, 2014 - 2024
                      7.5.3 Market estimates & forecast, by application, 2014 - 2024
                      7.5.4 Brazil
                            7.5.4.1 Market estimates & forecast, 2014 - 2024
                            7.5.4.2 Market estimates & forecast, by product, 2014 - 2024
                            7.5.4.3 Market estimates & forecast, by application, 2014 - 2024
                   7.6 Middle East & Africa (MEA)
                      7.6.1 Market estimates & forecast, 2014 - 2024
                      7.6.2 Market estimates & forecast, by product, 2014 - 2024
                      7.6.3 Market estimates & forecast, by application, 2014 - 2024
                      7.6.4 Saudi Arabia
                            7.6.4.1 Market estimates & forecast, 2014 - 2024
                            7.6.4.2 Market estimates & forecast, by product, 2014 - 2024
                            7.6.4.3 Market estimates & forecast, by application, 2014 - 2024

Chapter 8 Company Profiles
                   8.1 BASF SE
                      8.1.1 Company Overview
                      8.1.2 Financial Performance
                      8.1.3 Industries and Services Catered
                      8.1.4 Product Benchmarking
                      8.1.5 Strategic Initiatives
                   8.2 Evonik Industries AG.
                      8.2.1 Company Overview
                      8.2.2 Financial Performance
                      8.2.3 Industries and Services Catered
                      8.2.4 Product Benchmarking
                      8.2.5 Strategic Initiatives
                   8.3 ExxonMobil Chemicals Company, Inc.
                      8.3.1 Company Overview
                      8.3.2 Financial Performance
                      8.3.3 Industries and Services Catered
                      8.3.4 Product Benchmarking
                   8.4 ABI Chemicals, LLC
                      8.4.1 Company Overview
                      8.4.2 Financial Performance
                      8.4.3 Industries and Services Catered
                      8.4.4 Product Benchmarking
                   8.5 Global Bioenergies SA
                      8.5.1 Company Overview
                      8.5.2 Financial Performance
                      8.5.3 Industries and Services Catered
                      8.5.4 Product Benchmarking
                      8.5.5 Strategic Initiatives
                   8.6 Praxair Inc.
                      8.6.1 Company Overview
                      8.6.2 Financial Performance
                      8.6.3 Industries and Services Catered
                      8.6.4 Product Benchmarking
                   8.7 Syngip BV
                      8.7.1 Company Overview
                      8.7.2 Financial Performance
                      8.7.3 Industries and Services Catered
                      8.7.4 Product Benchmarking
                   8.8 LanzaTech Inc.
                      8.8.1 Company Overview
                      8.8.2 Financial Performance
                      8.8.3 Industries and Services Catered
                      8.8.4 Product Benchmarking
                      8.8.5 Strategic Initiative
                   8.9 Songwon Industrial Co., Ltd.
                      8.9.1 Company Overview
                      8.9.2 Financial Performance
                      8.9.3 Industries and Services Catered
                      8.9.4 Product Benchmarking
                      8.9.5 Strategic Initiative
                   8.10 Honeywell International Inc.
                      8.10.1 Company Overview
                      8.10.2 Financial Performance
                      8.10.3 Industries and Services Catered
                      8.10.4 Product Benchmarking
                      8.10.5 Strategic Initiative
                   8.11 TPC Group LLC
                      8.11.1 Company Overview
                      8.11.2 Financial Performance
                      8.11.3 Industries and Services Catered
                      8.11.4 Product Benchmarking
                      8.11.5 Strategic Initiative
                   8.12 LyondellBasell Industries N.V
                      8.12.1 Company Overview
                      8.12.2 Financial Performance
                      8.12.3 Industries and Services Catered
                      8.12.4 Product Benchmarking

List of Tables

TABLE 1 Key regulations and their impact
TABLE 2 Isobutene - Key market driver impact
TABLE 3 Isobutene - Key market restraints impact
TABLE 4 Isobutene company heat map analysis
TABLE 5 MTBE market estimates & forecast, 2014 - 2024 (Kilo Tons) (USD Million)
TABLE 6 MTBE market volume, by region, 2014 - 2024 (Kilo Tons)
TABLE 7 MTBE market revenue, by region, 2014 - 2024 (USD Million)
TABLE 8 ETBE market estimates & forecast, 2014 - 2024 (Kilo Tons) (USD Million)
TABLE 9 ETBE market volume, by region, 2014 - 2024 (Kilo Tons)
TABLE 10 ETBE market revenue, by region, 2014 - 2024 (USD Million)
TABLE 11 Isobutene market estimates & forecast, in automotive, 2014 - 2024 (Kilo Tons) (USD Million)
TABLE 12 Isobutene market volume, in automotive, by region, 2014 - 2024 (Kilo Tons)
TABLE 13 Isobutene market revenue, in automotive, by region, 2014 - 2024 (USD Million)
TABLE 14 Isobutene market estimates & forecast, in aerospace, 2014 - 2024 (Kilo Tons) (USD Million)
TABLE 15 Isobutene market volume, in aerospace, by region, 2014 - 2024 (Kilo Tons)
TABLE 16 Isobutene market revenue, in aerospace, by region, 2014 - 2024 (USD Million)
TABLE 17 Isobutene market estimates & forecast, in antioxidants, 2014 - 2024 (Kilo Tons) (USD Million)
TABLE 18 Isobutene market volume, in antioxidants, by region, 2014 - 2024 (Kilo Tons)
TABLE 19 Isobutene market revenue, in antioxidants, by region, 2014 - 2024 (USD Million)
TABLE 20 Isobutene market estimates & forecast, in pharmaceuticals, 2014 - 2024 (Kilo Tons) (USD Million)
TABLE 21 Isobutene market volume, in chemicals manufacturing, by region, 2014 - 2024 (Kilo Tons)
TABLE 22 Isobutene market revenue, in pharmaceuticals, by region, 2014 - 2024 (USD Million)
TABLE 23 Isobutene market estimates & forecast, in other applications, 2014 - 2024 (Kilo Tons) (USD Million)
TABLE 24 Isobutene market volume, in other applications, by region, 2014 - 2024 (Kilo Tons)
TABLE 25 Isobutene market revenue, in other applications, by region, 2014 - 2024 (USD Million)
TABLE 26 North America isobutene market estimates & forecast, 2014 - 2024 (Kilo Tons) (USD Million)
TABLE 27 North America isobutene market volume by product, 2014 - 2024 (Kilo Tons)
TABLE 28 North America isobutene market revenue by product, 2014 - 2024 (USD Million)
TABLE 29 North America isobutene market volume by application, 2014 - 2024 (Kilo Tons)
TABLE 30 North America isobutene market revenue by application, 2014 - 2024 (USD Million)
TABLE 31 U.S. isobutene market estimates & forecast, 2014 - 2024 (Kilo Tons) (USD Million)
TABLE 32 U.S. isobutene market volume by product, 2014 - 2024 (Kilo Tons)
TABLE 33 U.S. isobutene market revenue by product, 2014 - 2024 (USD Million)
TABLE 34 U.S. isobutene market volume by application, 2014 - 2024 (Kilo Tons)
TABLE 35 U.S. isobutene market revenue by application, 2014 - 2024 (USD Million)
TABLE 36 Canada isobutene market estimates & forecast, 2014 - 2024 (Kilo Tons) (USD Million)
TABLE 37 Canada isobutene market volume by product, 2014 - 2024 (Kilo Tons)
TABLE 38 Canada isobutene market revenue by product, 2014 - 2024 (USD Million)
TABLE 39 Canada isobutene market volume by application, 2014 - 2024 (Kilo Tons)
TABLE 40 Canada isobutene market revenue by application, 2014 - 2024 (USD Million)
TABLE 41 Europe isobutene market estimates & forecast, 2014 - 2024 (Kilo Tons) (USD Million)
TABLE 42 Europe isobutene market volume by product, 2014 - 2024 (Kilo Tons)
TABLE 43 Europe isobutene market revenue by product, 2014 - 2024 (USD Million)
TABLE 44 Europe isobutene market volume by application, 2014 - 2024 (Kilo Tons)
TABLE 45 Europe isobutene market revenue by application, 2014 - 2024 (USD Million)
TABLE 46 Germany isobutene market estimates & forecast, 2014 - 2024 (Kilo Tons) (USD Million)
TABLE 47 Germany isobutene market volume by product, 2014 - 2024 (Kilo Tons)
TABLE 48 Germany isobutene market revenue by product, 2014 - 2024 (USD Million)
TABLE 49 Germany isobutene market volume by application, 2014 - 2024 (Kilo Tons)
TABLE 50 Germany isobutene market revenue by application, 2014 - 2024 (USD Million)
TABLE 51 France isobutene market estimates & forecast, 2014 - 2024 (Kilo Tons) (USD Million)
TABLE 52 France isobutene market volume by product, 2014 - 2024 (Kilo Tons)
TABLE 53 France isobutene market revenue by product, 2014 - 2024 (USD Million)
TABLE 54 France isobutene market volume by application, 2014 - 2024 (Kilo Tons)
TABLE 55 France isobutene market revenue by application, 2014 - 2024 (USD Million)
TABLE 56 UK isobutene market estimates & forecast, 2014 - 2024 (Kilo Tons) (USD Million)
TABLE 57 UK isobutene market volume by product, 2014 - 2024 (Kilo Tons)
TABLE 58 UK isobutene market revenue by product, 2014 - 2024 (USD Million)
TABLE 59 UK isobutene market volume by application, 2014 - 2024 (Kilo Tons)
TABLE 60 UK isobutene market revenue by application, 2014 - 2024 (USD Million)
TABLE 61 Asia Pacific isobutene market estimates & forecast, 2014 - 2024 (Kilo Tons) (USD Million)
TABLE 62 Asia Pacific isobutene market volume by product, 2014 - 2024 (Kilo Tons)
TABLE 63 Asia Pacific isobutene market revenue by product, 2014 - 2024 (USD Million)
TABLE 64 Asia Pacific isobutene market volume by application, 2014 - 2024 (Kilo Tons)
TABLE 65 Asia Pacific isobutene market revenue by application, 2014 - 2024 (USD Million)
TABLE 66 China isobutene market estimates & forecast, 2014 - 2024 (Kilo Tons) (USD Million)
TABLE 67 China isobutene market volume by product, 2014 - 2024 (Kilo Tons)
TABLE 68 China isobutene market revenue by product, 2014 - 2024 (USD Million)
TABLE 69 China isobutene market volume by application, 2014 - 2024 (Kilo Tons)
TABLE 70 China isobutene market revenue by application, 2014 - 2024 (USD Million)
TABLE 71 India isobutene market estimates & forecast, 2014 - 2024 (Kilo Tons) (USD Million)
TABLE 72 India isobutene market volume by product, 2014 - 2024 (Kilo Tons)
TABLE 73 India isobutene market revenue by product, 2014 - 2024 (USD Million)
TABLE 74 India isobutene market volume by application, 2014 - 2024 (Kilo Tons)
TABLE 75 India isobutene market revenue by application, 2014 - 2024 (USD Million)
TABLE 76 Japan isobutene market estimates & forecast, 2014 - 2024 (Kilo Tons) (USD Million)
TABLE 77 Japan isobutene market volume by product, 2014 - 2024 (Kilo Tons)
TABLE 78 Japan isobutene market revenue by product, 2014 - 2024 (USD Million)
TABLE 79 Japan isobutene market volume by application, 2014 - 2024 (Kilo Tons)
TABLE 80 Japan isobutene market revenue by application, 2014 - 2024 (USD Million)
TABLE 81 CSA isobutene market estimates & forecast, 2014 - 2024 (Kilo Tons) (USD Million)
TABLE 82 CSA isobutene market volume by product, 2014 - 2024 (Kilo Tons)
TABLE 83 CSA isobutene market revenue by product, 2014 - 2024 (USD Million)
TABLE 84 CSA isobutene market volume by application, 2014 - 2024 (Kilo Tons)
TABLE 85 CSA isobutene market revenue by application, 2014 - 2024 (USD Million)
TABLE 86 Brazil isobutene market estimates & forecast, 2014 - 2024 (Kilo Tons) (USD Million)
TABLE 87 Brazil isobutene market volume by product, 2014 - 2024 (Kilo Tons)
TABLE 88 Brazil isobutene market revenue by product, 2014 - 2024 (USD Million)
TABLE 89 Brazil isobutene market volume by application, 2014 - 2024 (Kilo Tons)
TABLE 90 Brazil isobutene market revenue by application, 2014 - 2024 (USD Million)
TABLE 91 MEA isobutene market estimates & forecast, 2014 - 2024 (Kilo Tons) (USD Million)
TABLE 92 MEA isobutene market volume by product, 2014 - 2024 (Kilo Tons)
TABLE 93 MEA isobutene market revenue by product, 2014 - 2024 (USD Million)
TABLE 94 MEA isobutene market volume by application, 2014 - 2024 (Kilo Tons)
TABLE 95 MEA isobutene market revenue by application, 2014 - 2024 (USD Million)
TABLE 96 Saudi Arabia isobutene market estimates & forecast, 2014 - 2024 (Kilo Tons) (USD Million)
TABLE 97 Saudi Arabia isobutene market volume by product, 2014 - 2024 (Kilo Tons)
TABLE 98 Saudi Arabia isobutene market revenue by product, 2014 - 2024 (USD Million)
TABLE 99 Saudi Arabia isobutene market volume by application, 2014 - 2024 (Kilo Tons)
TABLE 100 Saudi Arabia isobutene market revenue by application, 2014 - 2024 (USD Million)