Press release
2-Methylpropene Market worth $31.68 billion by 2030, growing at a CAGR of 4.26% - Exclusive Report by 360iResearch
The "2-Methylpropene Market by Structural Forms (Cis-1,3-dimethylcyclobutane, Linear, Trans-1,3-dimethylcyclobutane), Application (Chemical Intermediates, Polymerization, Solvents) - Global Forecast 2024-2030" report has been added to 360iResearch.com's offering.The Global 2-Methylpropene Market to grow from USD 23.65 billion in 2023 to USD 31.68 billion by 2030, at a CAGR of 4.26%.
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2-Methylpropene, also known as isobutylene or isobutene, is a hydrocarbon of significant industrial importance. It serves as a precursor to a variety of chemical products, such as polymers, antioxidants, and gasoline additives. The primary drivers include the rising demand in the automotive sector for fuel additives that improve efficiency and reduce emissions. Additionally, the thriving cosmetics and pharmaceutical industries utilize 2-methylpropene in the synthesis of isobutene-based elastomers that are essential for producing packaging materials and medical devices. However, the restraints, such as stringent environmental regulations that limit the use of volatile organic compounds (VOCs), including 2-methylpropene, hamper the adoption due to concerns over air quality and health risks. Furthermore, fluctuations in crude oil prices directly impact the cost of petrochemicals, thereby affecting 2-methylpropene production costs. Challenges include technological limitations in its production process and the potential development of eco-friendly bio-based alternatives. Moreover, opportunities abound as advances in production technologies can lead to efficient and sustainable processes. The potential integration of 2-methylpropene in creating renewable polymers and composites extends new industry segments, promising growth in the usage of green chemistry in the industrial sector.
Market Segmentation & Coverage:
This research report categorizes the 2-Methylpropene Market in order to forecast the revenues and analyze trends in each of following sub-markets:
Based on Structural Forms, market is studied across Cis-1,3-dimethylcyclobutane, Linear, and Trans-1,3-dimethylcyclobutane. The Trans-1,3-dimethylcyclobutane is projected to witness significant market share during forecast period.
Based on Application, market is studied across Chemical Intermediates, Polymerization, and Solvents. The Solvents is projected to witness significant market share during forecast period.
Based on Region, market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom. The Asia-Pacific is projected to witness significant market share during forecast period.
FPNV Positioning Matrix:
The FPNV Positioning Matrix is essential for assessing the 2-Methylpropene Market. It provides a comprehensive evaluation of vendors by examining key metrics within Business Strategy and Product Satisfaction, allowing users to make informed decisions based on their specific needs. This advanced analysis then organizes these vendors into four distinct quadrants, which represent varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital(V).
Market Share Analysis:
The Market Share Analysis offers an insightful look at the current state of vendors in the 2-Methylpropene Market. By comparing vendor contributions to overall revenue, customer base, and other key metrics, we can give companies a greater understanding of their performance and what they are up against when competing for market share. The analysis also sheds light on just how competitive any given sector is about accumulation, fragmentation dominance, and amalgamation traits over the base year period studied.
Key Company Profiles:
The report delves into recent significant developments in the 2-Methylpropene Market, highlighting leading vendors and their innovative profiles. These include BASF SE, Biosynth Ltd., ChemScene, Eastman Chemical Company, Eurisotop, Evonik Industries AG, Exxon Mobil Corporation, Indian Oil Corporation Limited, Merck KGaA, NATIONAL ANALYTICAL CORPORATION, Neogen, Reagents, Santa Cruz Biotechnology, Inc., SimSon Pharma Limited, Sontara Organo Industries, Thermo Fisher Scientific Inc., Tokyo Chemical Industry (India) Pvt. Ltd., Tosoh Corporation, Vinati Organics Pvt. Ltd., and Vizag Chemical.
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Key Topics Covered:
1. Preface
2. Research Methodology
3. Executive Summary
4. Market Overview
5. Market Insights
6. 2-Methylpropene Market, by Structural Forms
7. 2-Methylpropene Market, by Application
8. Americas 2-Methylpropene Market
9. Asia-Pacific 2-Methylpropene Market
10. Europe, Middle East & Africa 2-Methylpropene Market
11. Competitive Landscape
12. Competitive Portfolio
13. Appendix
The report provides insights on the following pointers:
1. Market Penetration: Provides comprehensive information on the market offered by the key players
2. Market Development: Provides in-depth information about lucrative emerging markets and analyzes penetration across mature segments of the markets
3. Market Diversification: Provides detailed information about new product launches, untapped geographies, recent developments, and investments
4. Competitive Assessment & Intelligence: Provides an exhaustive assessment of market shares, strategies, products, certification, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players
5. Product Development & Innovation: Provides intelligent insights on future technologies, R&D activities, and breakthrough product developments
The report answers questions such as:
1. What is the market size and forecast of the 2-Methylpropene Market?
2. Which are the products/segments/applications/areas to invest in over the forecast period in the 2-Methylpropene Market?
3. What is the competitive strategic window for opportunities in the 2-Methylpropene Market?
4. What are the technology trends and regulatory frameworks in the 2-Methylpropene Market?
5. What is the market share of the leading vendors in the 2-Methylpropene Market?
6. What modes and strategic moves are considered suitable for entering the 2-Methylpropene Market?
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sales@360iresearch.com
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About 360iResearch
360iResearch is a market research and business consulting company headquartered in India, with clients and focus markets spanning the globe.
We are a dynamic, nimble company that believes in carving ambitious, purposeful goals and achieving them with the backing of our greatest asset - our people.
Quick on our feet, we have our ear to the ground when it comes to market intelligence and volatility. Our market intelligence is diligent, real-time and tailored to your needs, and arms you with all the insight that empowers strategic decision-making.
Our clientele encompasses about 80% of the Fortune Global 500, and leading consulting and research companies and academic institutions that rely on our expertise in compiling data in niche markets. Our meta-insights are intelligent, impactful and infinite, and translate into actionable data that support your quest for enhanced profitability, tapping into niche markets, and exploring new revenue opportunities.
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