ID: MRFR/CnM/5677-CR | 165 Pages | Published By Chitranshi Jaiswal on January 2019
The High Purity Isobutylene Market is set to record a compound annual growth rate of 7.62% during the forecast 2021-2030.High purity isobutylene (HPIB) market is projected to travel on an upward trajectory over the next several years. HPIB demand is on the rise owing to its increased application in the automotive sector. Much of the growth in HPIB demand can be attributed to the expansion of end-use sectors such as rubber manufacturing and fuel additives in regions such as APAC, LatAm and MEA. Â MTBE decomposition method continues to be the most popular method for HPIB production but growing criticisms with regards to its poor environmental viability has raised concern among suppliers. It is highly likely that development of acceptable production techniques will remain a key area of focus in the forthcoming years. Â
Synopsis
This MRFR report offers a comprehensive assessment of the global HPIB market. It includes a historical analysis along with a eight-year revenue (2022-2030) forecast. All the important macro and microeconomic factors have been thoroughly discussed in the report. The scope of discussion also covers potentials of various HPIB production methods including C4 fraction separation, isobutane dehydrogenation and MTBE decomposition. Also, detailed analysis is available of the application potential of HPIB in manufacturing of polyisobutylene, butyl rubber, trimethylacetic acid, tery-butylphenol series product, polyisobutylene and methyl-ally-chloride.
Companies Covered
Zhejiang Shunda New Material Co., Ltd., Sinopec Beijing Yanshan Company, Honeywell International Inc., Sumitomo Chemical Co., Ltd., PJSC Nizhnekamskneftekhim, Shandong Chambroad Petrochemicals Co. Ltd., Zibo Qixiangtengda Chemcial Co., Ltd., Evonik Industries AG., TPC Group, Exxon Mobil Corporation, Global Bioenergies, LyondellBasell Industries Holdings BV, Tasco Group, Songwon, and Saipem SpA.
The High purity isobutylene (HPIB) market report offers insights into the leading market players and presents an assessment of their current market position. Company information with regards to revenue, segmental share, geographical income, SWOT, growth strategies, new product launch, M&A activities, and the latest R&D initiatives is also available in the report.
Research Methodology
MRFR's research crux involves accurate assessment of various aspects of the High purity isobutylene (HPIB) market market through a scrupulous combination of both primary and secondary research methods. Primary data assortment includes gathering inputs from experts and pioneers of the relevant industry. Secondary data is impersonated from information available on public domain such as journals, annual reports, white papers, SEC filings, company websites, etc. which assists in advanced analysis of the market. Analysts employ both top-down and bottom-up approaches to estimate and validate the size of the market and other dependent sub-markets. Collected data is rigorously analyzed and distilled thoroughly with proprietary tools to arrive at concrete conclusions.
Other Description
For the scope of the research, MRFR’s report offers a comprehensive segmental analysis of the global high purity isobutylene market;
By Method
By Application
By Region
Intended Audience
Report Attribute/Metric | Details |
---|---|
Market Size | 2030: Significant Value |
CAGR | 7.62% (2021-2030) |
Base Year | 2021 |
Forecast Period | 2021-2030 |
Historical Data | 2019Â &Â 2020 |
Forecast Units | Value (USD Million) |
Report Coverage | Revenue Forecast, Competitive Landscape, Growth Factors, and Trends |
Segments Covered | Method, Application and End-Use |
Geographies Covered | North America, Europe, Asia-Pacific, and Rest of the World (RoW) |
Key Vendors | Zhejiang Shunda New Material Co., Ltd., Sinopec Beijing Yanshan Company, Honeywell International Inc., Sumitomo Chemical Co., Ltd., PJSC Nizhnekamskneftekhim, Shandong Chambroad Petrochemicals Co. Ltd., Zibo Qixiangtengda Chemcial Co., Ltd., Evonik Industries AG., TPC Group, Exxon Mobil Corporation, Global Bioenergies, LyondellBasell Industries Holdings BV, Tasco Group, Songwon, and Saipem SpA |
Key Market Opportunities | New product launches and R&D Amongst major key Players |
Key Market Drivers | Increased application in the automotive sector |
High Purity Isobutylene Market is predicted to grow at 7.62 through forecast period of 2021-2030.
The forecast period for High Purity Isobutylene Market research report is 2021-2030.
The prominent players operating in the High Purity Isobutylene Market include Zhejiang Shunda New Material Co., Ltd., Sinopec Beijing Yanshan Company, Honeywell International Inc., Sumitomo Chemical Co., Ltd., PJSC Nizhnekamskneftekhim, Shandong Chambroad Petrochemicals Co. Ltd., Zibo Qixiangtengda Chemcial Co., Ltd., Evonik Industries AG., TPC Group, Exxon Mobil Corporation, Global Bioenergies, LyondellBasell Industries Holdings BV, Tasco Group, Songwon, and Saipem SpA.