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. Isobutene, one of the most important compounds in the petrochemical sector, is currently generated economically only from fossil resources, mostly petroleum. Global Bioenergies produces biogenic isobutene required for the project utilizing a self-developed method from renewable raw sources (e.g. cereals, sugar, agricultural or forestry waste). To do this, Global Bioenergies and Fraunhofer CBP collaborated to establish a demonstration plant for fermentative manufacture of bio-based isobutene from sugars on the Fraunhofer CBP site in Leuna.
The Isobutene Market report discusses in detail the global production capacity, demand and supply ratio, market dynamics, and comprehensive analysis of the competitive landscape. It provides an industry-wide analysis of the market share of each players along with their business portfolio, production and manufacturing capacity, product portfolio, business expansion plans, financial standing, and strategic alliances such as mergers and acquisitions, joint ventures, and collaborations, among others. Get Download Pdf Sample Copy of this Report@ https://www.emergenresearch.com/request-sample/1232 Competitive Terrain: The global Isobutene industry is highly consolidated owing to the presence of renowned companies operating across several international and local segments of the market. These players dominate the industry in terms of their strong geographical reach and a large number of production facilities. The companies are intensely competitive against one another and excel in their individual technological capabilities, as well as product development, innovation, and product pricing strategies. The leading market contenders listed 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 Key market aspects studied in the report: Market Scope: The report explains the scope of various commercial possibilities in the global Isobutene market over the upcoming years. The estimated revenue build-up over the forecast years has been included in the report. The report analyzes the key market segments and sub-segments and provides deep insights into the market to assist readers with the formulation of lucrative strategies for business expansion. Competitive Outlook: The leading companies operating in the Isobutene market have been enumerated in this report. This section of the report lays emphasis on the geographical reach and production facilities of these companies. To get ahead of their rivals, the leading players are focusing more on offering products at competitive prices, according to our analysts. Report Objective: The primary objective of this report is to provide the manufacturers, distributors, suppliers, and buyers engaged in this sector with access to a deeper and improved understanding of the global Isobutene market. Emergen Research is Offering Limited Time Discount (Grab a Copy at Discounted Price Now)@ https://www.emergenresearch.com/request-discount/1232 Market Segmentations of the Isobutene Market This market is segmented based on Types, Applications, and Regions. The growth of each segment provides accurate forecasts related to production and sales by Types and Applications, in terms of volume and value for the period between 2022 and 2030. This analysis can help readers looking to expand their business by targeting emerging and niche markets. Market share data is given on both global and regional levels. Regions covered in the report are North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Research analysts assess the market positions of the leading competitors and provide competitive analysis for each company. For this study, this report segments the global Isobutene market on the basis of product, application, and region: Segments Covered in this report are: 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 Regional Outlook (Revenue, USD Billion; 2019-2030) North America U.S. Canada Mexico Europe Germany UK France Spain BENELUX Rest of Europe Asia Pacific China India Japan South Korea Rest of APAC Latin America Brazil Rest of LATAM Middle East & Africa Saudi Arabia UAE Israel Rest of Middle East & Africa Browse Full Report Description + Research Methodology + Table of Content + Infographics@ https://www.emergenresearch.com/industry-report/isobutene-market Major Geographies Analyzed in the Report: North America (U.S., Canada) Europe (U.K., Italy, Germany, France, Rest of EU) Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC) Latin America (Chile, Brazil, Argentina, Rest of Latin America) Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA) ToC of the report: Chapter 1: Market overview and scope Chapter 2: Market outlook Chapter 3: Impact analysis of COVID-19 pandemic Chapter 4: Competitive Landscape Chapter 5: Drivers, Constraints, Opportunities, Limitations Chapter 6: Key manufacturers of the industry Chapter 7: Regional analysis Chapter 8: Market segmentation based on type applications Chapter 9: Current and Future Trends Request Customization as per your specific requirement@ https://www.emergenresearch.com/request-for-customization/1232 Latest Published Reports by Emergen Research: https://www.emergenresearch.com/industry-report/recurrent-atrial-fibrillation-market/top-companies https://www.emergenresearch.com/industry-report/recurrent-atrial-fibrillation-market/market-news https://www.emergenresearch.com/industry-report/recurrent-atrial-fibrillation-market/executive-summary https://www.emergenresearch.com/industry-report/artificial-intelligence-in-cancer-diagnosis-and-therapy-market About Us: Emergen Research is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. 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