Isobutane Market

Isobutane Market Study by Bio-based and Synthetic for Refineries, Refrigerants, Propellants, Feedstock (Plastics), Solvents, and Others from 2024 to 2034

Analysis of Isobutane Market Covering 30+ Countries Including Analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more

Isobutane Market Outlook (2024 to 2034)

Revenue from the global isobutane market is projected to increase from US$ 9.86 billion in 2024 to end up at US$ 18.17 billion by the end of 2034, which equals a rise at a CAGR of 6.3% from 2024 to 2034.

The need for isobutane is on the rise due to its employment in several fields, ranging from refrigeration to the fuel industry. Isobutene, which is also known as I-butane, is a chemical compound that is an isomer of butane.

Isobutene, a colorless and odorless gas, leaves no stain or lingering smell, making it a preferred isomer. Isobutane occurs naturally in both natural gas and crude oil, contributing to its popularity over other isomers with potentially adverse environmental effects. Isobutanes, characterized by their negligible global warming potential and zero ozone depletion, are widely preferred as substitutes for other hydrocarbons. This quality has positively influenced the isobutane market growth, particularly as scientists intensify efforts to combat global warming by seeking out eco-friendly chemical compounds.

Key Market Growth Drivers

  • Due to its thermodynamic properties, isobutane is predominantly utilized in refrigeration systems as an alternative to conventional refrigerants. This has led to a consistent increase in isobutene sales over time.
  • Isobutane has strengthened its position in the petrochemical industry, serving as a precursor molecule for various processes, including the synthesis of isooctane. This usage has driven up sales and contributed to the expansion of the isobutane market size.
  • Isobutane, being a pure hydrocarbon, has long served as a blowing agent for select plastic materials. Isobutane improves their quality in polymer extrusion and expansion processes. As the demand for plastics rises, so does the demand for isobutane.
  • In many industries dealing with scrap materials, isobutane is used as a dissolving agent to remove old paint from various surfaces.
  • The market is poised for expansion as isobutane finds increased usage in sectors such as aerospace, mining, and manufacturing, offering new avenues for suppliers to diversify their business portfolios and reach a broader customer base.
Report Attribute Detail
Isobutane Market Size (2024E) US$ 9.86 Billion
Forecasted Market Value (2034F) US$ 18.17 Billion
Global Market Growth Rate (2024 to 2034) 6.3% CAGR
Canada Market Growth Rate (2024 to 2034) 6.8% CAGR
China Market Value (2034F) US$ 3.82 Billion
North America Market Share (2024E) 28.6%
East Asia Market Share (2034F) 38.4%
Key Companies Profiled ExxonMobil Corporation; Chevron; Sinopec; Air Liquide; Shell Plc; Praxair; LyondellBasell Industries; Gazprom; Bioenergies; Valero Energy Corporation; Equinor; Taiyo Nippon Sanso Corporation; ConocoPhillips.

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What are the Isobutane Market Trends That Manufacturers are Leveraging?

“Reliance of High-octane and High-purity Gasoline Production on Isobutane Alkylation”

Isobutane/butene alkylation reaction stands out as a pivotal refining process due to its production of high-octane, high-purity gasoline, significantly contributing to the gasoline pool. Traditionally, this process relied on hydrofluoric and sulfuric acids industrially, which posed significant safety, corrosivity, recyclability, and sustainability challenges. This has prompted the need for research and development into more efficient, environmentally friendly, and sustainable catalysts.

Key players in the petroleum industry are increasingly opting for isobutane over other catalysts, given its desirable properties. This shift has boosted the demand for isobutane in recent years. The potential scarcity of resources and escalating climate and environmental changes are projected to further drive up sales of isobutane.

“Rising Isobutane Use in Food Packaging as Foaming Agent”

Isobutane is designed for use as a foaming agent, with a maximum concentration of 4.5%, to produce expanded polystyrene (EPS) for packaging goods like fruits, vegetables, meat, fish, and cheese at room temperature or below. In Europe, isobutane is permitted as a food additive (E 943b) and can serve as a gas propellant in professional vegetable oil pan spray and water-based emulsion spray.

At room temperature, isobutane exists as a gas. It is a highly pure saturated hydrocarbon unlikely to undergo reactions under the processing conditions necessary for producing foamed polystyrene materials and products.

Considering the above facts, it is reasonable to conclude that isobutane doesn't pose a safety risk to consumers when used as a foaming agent in polymers intended for food contact applications.

What’s Affecting the Profit Margins of Isobutane Manufacturers?

“High Inflammability of Isobutane and Safety Concerns Regarding Isobutane Handling”

Given its high inflammability and safety risks, the demand for isobutane across various applications could potentially decline. Isobutane poses an explosive hazard and necessitates careful handling.

The use of isobutane as a refrigerant in household and commercial air conditioners and refrigerators might prove detrimental, resulting in a significant reduction in its application in home appliances. Substantial fluctuations in natural gas prices, coupled with stringent government regulations and trade policies, are expected to impact the demand for isobutane in the coming years.

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Country-wise Analysis

The market's future is not confined to any single country or region. Sales of isobutane are projected to rise at a significant pace thanks to its eco-friendly attributes. The Japanese market is projected to grab an isobutane market share of 28.8% by the end of 2034 in East Asia.

What is Pushing Manufacturers to Expand Their Business in the United States?

“Decline in Isobutene Prices Creating Opportunities for Exports”

Attribute United States
Market Value (2024E) US$ 2.02 Billion
Growth Rate (2024 to 2034) 6.7% CAGR
Projected Value (2034F) US$ 3.89 Billion
  • According to the United States Energy Information Administration, prices for isobutene have notably declined.

This has facilitated increased consumption of isobutane across various industries. Suppliers are now establishing their enterprises in the country to bolster sales and enhance their presence. Furthermore, the reduced price has opened up opportunities for increased exports to other regions, offering industry players new opportunities to thrive in a lucrative business environment.

How Has Industrial Sector Growth Influenced Sales of Isobutane in China?

“Extensive Production of Isobutane Due to Expansion of Industrial Infrastructure”

Attribute China
Market Value (2024E) US$ 2.05 Billion
Growth Rate (2024 to 2034) 6.4% CAGR
Projected Value (2034F) US$ 3.82 Billion

China stands as a major producer and consumer of isobutane, with significant chemical and petrochemical output driving its consumption. The presence of numerous manufacturers in the country further bolsters this trend. In recent years, the growth of the manufacturing and industrial sectors has led to heightened isobutane production and demand. This growth is largely attributed to the rapid expansion of large manufacturers and industrial infrastructure.

Consequently, some manufacturers are relocating to China to manufacture their products and establish connections with petrochemical players, thereby enhancing their sales potential.

Category-wise Insights

Based on source, sales of bio-based isobutane are projected to increase at a CAGR of 6.7% from 2024 to 2034. As bio-based isobutanes have excellent fuel performance compared to ethanol isobutane has a higher energy density, lower oxygen content, and hygroscopicity. All these factors are contributing to isobutane market growth.

Which Source is Widely Preferred by Isobutane Suppliers?

“Increasing Demand for Sustainable Solutions and Versatility of Synthetic Isobutane”

Attribute Synthetic Isobutane
Segment Value (2024E) US$ 6.18 Billion
Growth Rate (2024 to 2034) 6% CAGR
Projected Value (2034F) US$ 11.12 Billion

Synthetic isobutane serves as a viable alternative to traditional refrigerants like R-12, R-22, and R-134a. This versatility has enabled synthetic isobutanes to capture a significant market share, outpacing bio-based isobutanes. As refrigeration technology advances, the market share of synthetic isobutane is projected to increase even further.

The appeal of synthetic isobutane lies in its compatibility with existing systems and its ability to meet regulatory standards. Unlike bio-based isobutanes, synthetic isobutane does not require significant modifications to existing equipment. This makes it a convenient choice for manufacturers and consumers alike.

Synthetic isobutane offers comparable performance to traditional refrigerants while boasting lower environmental impact and greater energy efficiency. These factors contribute to its increasing adoption across various industries, including HVAC, automotive, and refrigeration.

In anticipation of stricter environmental regulations and the growing demand for sustainable solutions, the market for synthetic isobutane is poised for significant expansion. As manufacturers and consumers prioritize eco-friendly alternatives, synthetic isobutane is well-positioned to meet the evolving needs of the refrigeration industry.

Know thy Competitors

Competitive landscape highlights only certain players
Complete list available upon request

Business Competition

Key market players in the isobutane industry are working on boosting output to cater to the increased demand from end consumers. To strengthen their market position, they are purchasing other producers and expanding their consumer base. Several firms are investing in research and development to expand the uses for isobutene, contributing to the evolving isobutane market trends such as the introduction of isobutylene and polyisobutylene in the product line.

  • In April 2022, Evonik, a renowned specialty chemicals company, boosted its isobutane derivative production capacity at the C4 Verbund plant in Marl, Germany, by more than 50%.
  • In July 2020, Thyssenkrupp Industrial Solutions AG and BASF SE agreed
    to expand its collaboration on the STAR process.

Key Segments of Isobutane Market Research

  • By Purity :

    • 99%
    • 99.5%
    • 95%
    • Others
  • By Source :

    • Bio-based Isobutane
    • Synthetic Isobutane
  • By Application :

    • Refineries
    • Refrigerant
    • Propellants
    • Feedstock (Plastics)
    • Solvents
    • Others
  • By Region :

    • North America
    • Latin America
    • Eastern Europe
    • Western Europe
    • East Asia
    • South Asia & Pacific
    • Middle East & Africa

Table of Content

1. Executive Summary

2. Industry Introduction, including Taxonomy and Market Definition

3. Market Trends and Success Factors, including Macro-economic Factors, Market Dynamics, and Recent Industry Developments

4. Global Market Demand Analysis 2019 to 2023 and Forecast 2024 to 2034, including Historical Analysis and Future Projections

5. Pricing Analysis

6. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034

    6.1. Purity

    6.2. Source

    6.3. Application

7. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, by Purity

    7.1. 99%

    7.2. 99.5%

    7.3. 95%

    7.4. Others

8. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, by Source

    8.1. Bio-based Isobutane

    8.2. Synthetic Isobutane

9. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, by Application

    9.1. Refineries

    9.2. Refrigerant

    9.3. Propellants

    9.4. Feedstock (Plastics)

    9.5. Solvents

    9.6. Others

10. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, by Region

    10.1. North America

    10.2. Latin America

    10.3. Western Europe

    10.4. Eastern Europe

    10.5. East Asia

    10.6. South Asia & Pacific

    10.7. Middle East & Africa

11. North America Sales Analysis 2019 to 2023 and Forecast 2024 to 2034, by Key Segments and Countries

12. Latin America Sales Analysis 2019 to 2023 and Forecast 2024 to 2034, by Key Segments and Countries

13. Western Europe Sales Analysis 2019 to 2023 and Forecast 2024 to 2034, by Key Segments and Countries

14. Eastern Europe Sales Analysis 2019 to 2023 and Forecast 2024 to 2034, by Key Segments and Countries

15. East Asia Sales Analysis 2019 to 2023 and Forecast 2024 to 2034, by Key Segments and Countries

16. South Asia & Pacific Sales Analysis 2019 to 2023 and Forecast 2024 to 2034, by Key Segments and Countries

17. Middle East & Africa Sales Analysis 2019 to 2023 and Forecast 2024 to 2034, by Key Segments and Countries

18. Sales Forecast 2024 to 2034 by Purity, Source, Application, and Region for 30 Countries

19. Competition Outlook, including Market Structure Analysis, Company Share Analysis by Key Players, and Competition Dashboard

20. Company Profile

    20.1. ExxonMobil Corporation

    20.2. Chevron

    20.3. Sinopec

    20.4. Air Liquide

    20.5. Shell Plc

    20.6. Praxair

    20.7. LyondellBasell Industries

    20.8. Gazprom

    20.9. Bioenergies

    20.10. Valero Energy Corporation

    20.11. Equinor

    20.12. Taiyo Nippon Sanso Corporation

    20.13. ConocoPhillips

21. Assumptions and Acronyms Purityd

22. Research Methodology

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List Of Table

Table 01: Global Market Value (US$ Mn) Analysis, by Purity, 2019 to 2023

Table 02: Global Market Value (US$ Mn) Analysis, by Purity, 2024 to 2034

Table 03: Global Market Value (US$ Mn) Opportunity Analysis, by Purity, 2024 to 2034

Table 04: Global Market Value (US$ Mn) Analysis, by Source, 2019 to 2023

Table 05: Global Market Value (US$ Mn) Analysis, by Source, 2024 to 2034

Table 06: Global Market Value (US$ Mn) Opportunity Analysis, by Source, 2024 to 2034

Table 07: Global Market Value (US$ Mn) Analysis, by Application, 2019 to 2023

Table 08: Global Market Value (US$ Mn) Analysis, by Application, 2024 to 2034

Table 09: Global Market Value (US$ Mn) Opportunity Analysis, by Application, 2024 to 2034

Table 10: Global Market Value (US$ Mn) Analysis, by Region, 2019 to 2023

Table 11: Global Market Value (US$ Mn) Analysis, by Region, 2024 to 2034

Table 12: Global Market Value (US$ Mn) Opportunity Analysis, by Region, 2024 to 2034

Table 13: North America Market Value (US$ Mn) Analysis, by Country, 2019 to 2023

Table 14: North America Market Value (US$ Mn) Analysis, by Country, 2024 to 2034

Table 15: North America Market Value (US$ Mn) Opportunity Analysis, by Country, 2024 to 2034

Table 16: North America Market Value (US$ Mn) Analysis, by Purity, 2019 to 2023

Table 17: North America Market Value (US$ Mn) Analysis, by Purity, 2024 to 2034

Table 18: North America Market Value (US$ Mn) Opportunity Analysis, by Purity, 2024 to 2034

Table 19: North America Market Value (US$ Mn) Analysis, by Source, 2019 to 2023

Table 20: North America Market Value (US$ Mn) Analysis, by Source, 2024 to 2034

Table 21: North America Market Value (US$ Mn) Opportunity Analysis, by Source, 2024 to 2034

Table 22: North America Market Value (US$ Mn) Analysis, by Application, 2019 to 2023

Table 23: North America Market Value (US$ Mn) Analysis, by Application, 2024 to 2034

Table 24: North America Market Value (US$ Mn) Opportunity Analysis, by Application, 2024 to 2034

Table 25: Latin America Market Value (US$ Mn) Analysis, by Country, 2019 to 2023

Table 26: Latin America Market Value (US$ Mn) Analysis, by Country, 2024 to 2034

Table 27: Latin America Market Value (US$ Mn) Opportunity Analysis, by Country, 2024 to 2034

Table 28: Latin America Market Value (US$ Mn) Analysis, by Purity, 2019 to 2023

Table 29: Latin America Market Value (US$ Mn) Analysis, by Purity, 2024 to 2034

Table 30: Latin America Market Value (US$ Mn) Opportunity Analysis, by Purity, 2024 to 2034

Table 31: Latin America Market Value (US$ Mn) Analysis, by Source, 2019 to 2023

Table 32: Latin America Market Value (US$ Mn) Analysis, by Source, 2024 to 2034

Table 33: Latin America Market Value (US$ Mn) Opportunity Analysis, by Source, 2024 to 2034

Table 34: Latin America Market Value (US$ Mn) Analysis, by Application, 2019 to 2023

Table 35: Latin America Market Value (US$ Mn) Analysis, by Application, 2024 to 2034

Table 36: Latin America Market Value (US$ Mn) Opportunity Analysis, by Application, 2024 to 2034

Table 37: Western Europe Market Value (US$ Mn) Analysis, by Country, 2019 to 2023

Table 38: Western Europe Market Value (US$ Mn) Analysis, by Country, 2024 to 2034

Table 39: Western Europe Market Value (US$ Mn) Opportunity Analysis, by Country, 2024 to 2034

Table 40: Western Europe Market Value (US$ Mn) Analysis, by Purity, 2019 to 2023

Table 41: Western Europe Market Value (US$ Mn) Analysis, by Purity, 2024 to 2034

Table 42: Western Europe Market Value (US$ Mn) Opportunity Analysis, by Purity, 2024 to 2034

Table 43: Western Europe Market Value (US$ Mn) Analysis, by Source, 2019 to 2023

Table 44: Western Europe Market Value (US$ Mn) Analysis, by Source, 2024 to 2034

Table 45: Western Europe Market Value (US$ Mn) Opportunity Analysis, by Source, 2024 to 2034

Table 46: Western Europe Market Value (US$ Mn) Analysis, by Application, 2019 to 2023

Table 47: Western Europe Market Value (US$ Mn) Analysis, by Application, 2024 to 2034

Table 48: Western Europe Market Value (US$ Mn) Opportunity Analysis, by Application, 2024 to 2034

Table 49: Eastern Europe Market Value (US$ Mn) Analysis, by Country, 2019 to 2023

Table 50: Eastern Europe Market Value (US$ Mn) Analysis, by Country, 2024 to 2034

Table 51: Eastern Europe Market Value (US$ Mn) Opportunity Analysis, by Country, 2024 to 2034

Table 52: Eastern Europe Market Value (US$ Mn) Analysis, by Purity, 2019 to 2023

Table 53: Eastern Europe Market Value (US$ Mn) Analysis, by Purity, 2024 to 2034

Table 54: Eastern Europe Market Value (US$ Mn) Opportunity Analysis, by Purity, 2024 to 2034

Table 55: Eastern Europe Market Value (US$ Mn) Analysis, by Source, 2019 to 2023

Table 56: Eastern Europe Market Value (US$ Mn) Analysis, by Source, 2024 to 2034

Table 57: Eastern Europe Market Value (US$ Mn) Opportunity Analysis, by Source, 2024 to 2034

Table 58: Eastern Europe Market Value (US$ Mn) Analysis, by Application, 2019 to 2023

Table 59: Eastern Europe Market Value (US$ Mn) Analysis, by Application, 2024 to 2034

Table 60: Eastern Europe Market Value (US$ Mn) Opportunity Analysis, by Application, 2024 to 2034

Table 61: East Asia Market Value (US$ Mn) Analysis, by Country, 2019 to 2023

Table 62: East Asia Market Value (US$ Mn) Analysis, by Country, 2024 to 2034

Table 63: East Asia Market Value (US$ Mn) Opportunity Analysis, by Country, 2024 to 2034

Table 64: East Asia Market Value (US$ Mn) Analysis, by Purity, 2019 to 2023

Table 65: East Asia Market Value (US$ Mn) Analysis, by Purity, 2024 to 2034

Table 66: East Asia Market Value (US$ Mn) Opportunity Analysis, by Purity, 2024 to 2034

Table 67: East Asia Market Value (US$ Mn) Analysis, by Source, 2019 to 2023

Table 68: East Asia Market Value (US$ Mn) Analysis, by Source, 2024 to 2034

Table 69: East Asia Market Value (US$ Mn) Opportunity Analysis, by Source, 2024 to 2034

Table 70: East Asia Market Value (US$ Mn) Analysis, by Application, 2019 to 2023

Table 71: East Asia Market Value (US$ Mn) Analysis, by Application, 2024 to 2034

Table 72: East Asia Market Value (US$ Mn) Opportunity Analysis, by Application, 2024 to 2034

Table 73: South Asia & Pacific Market Value (US$ Mn) Analysis, by Country, 2019 to 2023

Table 74: South Asia & Pacific Market Value (US$ Mn) Analysis, by Country, 2024 to 2034

Table 75: South Asia & Pacific Market Value (US$ Mn) Opportunity Analysis, by Country, 2024 to 2034

Table 76: South Asia & Pacific Market Value (US$ Mn) Analysis, by Purity, 2019 to 2023

Table 77: South Asia & Pacific Market Value (US$ Mn) Analysis, by Purity, 2024 to 2034

Table 78: South Asia & Pacific Market Value (US$ Mn) Opportunity Analysis, by Purity, 2024 to 2034

Table 79: South Asia & Pacific Market Value (US$ Mn) Analysis, by Source, 2019 to 2023

Table 80: South Asia & Pacific Market Value (US$ Mn) Analysis, by Source, 2024 to 2034

Table 81: South Asia & Pacific Market Value (US$ Mn) Opportunity Analysis, by Source, 2024 to 2034

Table 82: South Asia & Pacific Market Value (US$ Mn) Analysis, by Application, 2019 to 2023

Table 83: South Asia & Pacific Market Value (US$ Mn) Analysis, by Application, 2024 to 2034

Table 84: South Asia & Pacific Market Value (US$ Mn) Opportunity Analysis, by Application, 2024 to 2034

Table 85: MEA Market Value (US$ Mn) Analysis, by Country, 2019 to 2023

Table 86: MEA Market Value (US$ Mn) Analysis, by Country, 2024 to 2034

Table 87: MEA Market Value (US$ Mn) Opportunity Analysis, by Country, 2024 to 2034

Table 88: MEA Market Value (US$ Mn) Analysis, by Purity, 2019 to 2023

Table 89: MEA Market Value (US$ Mn) Analysis, by Purity, 2024 to 2034

Table 90: MEA Market Value (US$ Mn) Opportunity Analysis, by Purity, 2024 to 2034

Table 91: MEA Market Value (US$ Mn) Analysis, by Source, 2019 to 2023

Table 92: MEA Market Value (US$ Mn) Analysis, by Source, 2024 to 2034

Table 93: MEA Market Value (US$ Mn) Opportunity Analysis, by Source, 2024 to 2034

Table 94: MEA Market Value (US$ Mn) Analysis, by Application, 2019 to 2023

Table 95: MEA Market Value (US$ Mn) Analysis, by Application, 2024 to 2034

Table 96: MEA Market Value (US$ Mn) Opportunity Analysis, by Application, 2024 to 2034

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List Of Figures

Figure 01: Global Market Value (US$ Mn) Historical Analysis, 2019 to 2023

Figure 02: Global Market Value (US$ Mn) Forecast and Analysis, 2024 to 2034

Figure 03: Global Market Value Y-o-Y Growth and Forecast, 2019 to 2034

Figure 04: Global Market Incremental $ Opportunity, 2024 to 2034

Figure 05: Global Market Share and BPS Analysis by Purity, 2024 & 2034

Figure 06: Global Market Y-o-Y Growth Projections by Purity, 2024 to 2034

Figure 07: Global Market Attractiveness Analysis by Purity, 2024 to 2034

Figure 08: Global Market Share and BPS Analysis by Source, 2024 & 2034

Figure 09: Global Market Y-o-Y Growth Projections by Source, 2024 to 2034

Figure 10: Global Market Attractiveness Analysis by Source, 2024 to 2034

Figure 11: Global Market Share and BPS Analysis by Application, 2024 & 2034

Figure 12: Global Market Y-o-Y Growth Projections by Application, 2024 to 2034

Figure 13: Global Market Attractiveness Analysis by Application, 2024 to 2034

Figure 14: Global Market Share and BPS Analysis by Region, 2024 & 2034

Figure 15: Global Market Y-o-Y Growth Projections by Region, 2024 to 2034

Figure 16: Global Market Attractiveness Analysis by Region, 2024 to 2034

Figure 17: North America Market Value (US$ Mn) Historical Analysis, 2019 to 2023

Figure 18: North America Market Value (US$ Mn) Forecast and Analysis, 2024 to 2034

Figure 19: North America Market Value Y-o-Y Growth and Forecast, 2034

Figure 20: North America Market Incremental $ Opportunity, 2024 to 2034

Figure 21: North America Market Share Analysis by Country, 2024 & 2034

Figure 22: North America Market Y-o-Y Growth Projection by Country, 2024 to 2034

Figure 23: North America Market Attractiveness Analysis by Country, 2024 to 2034

Figure 24: North America Market Share and BPS Analysis by Purity, 2024 & 2034

Figure 25: North America Market Y-o-Y Growth Projections by Purity, 2024 to 2034

Figure 26: North America Market Attractiveness Analysis by Purity, 2024 to 2034

Figure 27: North America Market Share and BPS Analysis by Source, 2024 & 2034

Figure 28: North America Market Y-o-Y Growth Projections by Source, 2024 to 2034

Figure 29: North America Market Attractiveness Analysis by Source, 2024 to 2034

Figure 30: North America Market Share and BPS Analysis by Application, 2024 & 2034

Figure 31: North America Market Y-o-Y Growth Projections by Application, 2024 to 2034

Figure 32: North America Market Attractiveness Analysis by Application, 2024 to 2034

Figure 33: Latin America Market Value (US$ Mn) Historical Analysis, 2019 to 2023

Figure 34: Latin America Market Value (US$ Mn) Forecast and Analysis, 2024 to 2034

Figure 35: Latin America Market Value Y-o-Y Growth and Forecast, 2019 to 2034

Figure 36: Latin America Market Incremental $ Opportunity, 2024 to 2034

Figure 37: Latin America Market Share Analysis by Country, 2024 & 2034

Figure 38: Latin America Market Y-o-Y Growth Projection by Country, 2024 to 2034

Figure 39: Latin America Market Attractiveness Analysis by Country, 2024 to 2034

Figure 40: Latin America Market Share and BPS Analysis by Purity, 2024 & 2034

Figure 41: Latin America Market Y-o-Y Growth Projections by Purity, 2024 to 2034

Figure 42: Latin America Market Attractiveness Analysis by Purity, 2024 to 2034

Figure 43: Latin America Market Share and BPS Analysis by Source, 2024 & 2034

Figure 44: Latin America Market Y-o-Y Growth Projections by Source, 2024 to 2034

Figure 45: Latin America Market Attractiveness Analysis by Source, 2024 to 2034

Figure 46: Latin America Market Share and BPS Analysis by Application, 2024 & 2034

Figure 47: Latin America Market Y-o-Y Growth Projections by Application, 2024 to 2034

Figure 48: Latin America Market Attractiveness Analysis by Application, 2024 to 2034

Figure 49: Western Europe Market Value (US$ Mn) Historical Analysis, 2019 to 2023

Figure 50: Western Europe Market Value (US$ Mn) Forecast and Analysis, 2024 to 2034

Figure 51: Western Europe Market Value Y-o-Y Growth and Forecast, 2019 to 2034

Figure 52: Western Europe Market Incremental $ Opportunity, 2024 to 2034

Figure 53: Western Europe Market Share Analysis by Country, 2024 & 2034

Figure 54: Western Europe Market Y-o-Y Growth Projection by Country, 2024 to 2034

Figure 55: Western Europe Market Attractiveness Analysis by Country, 2024 to 2034

Figure 56: Western Europe Market Share and BPS Analysis by Purity, 2024 & 2034

Figure 57: Western Europe Market Y-o-Y Growth Projections by Purity, 2024 to 2034

Figure 58: Western Europe Market Attractiveness Analysis by Purity, 2024 to 2034

Figure 59: Western Europe Market Share and BPS Analysis by Source, 2024 & 2034

Figure 60: Western Europe Market Y-o-Y Growth Projections by Source, 2024 to 2034

Figure 61: Western Europe Market Attractiveness Analysis by Source, 2024 to 2034

Figure 62: Western Europe Market Share and BPS Analysis by Application, 2024 & 2034

Figure 63: Western Europe Market Y-o-Y Growth Projections by Application, 2024 to 2034

Figure 64: Western Europe Market Attractiveness Analysis by Application, 2024 to 2034

Figure 66: Eastern Europe Market Value (US$ Mn) Historical Analysis, 2019 to 2023

Figure 67: Eastern Europe Market Value (US$ Mn) Forecast and Analysis, 2024 to 2034

Figure 68: Eastern Europe Market Value Y-o-Y Growth and Forecast, 2019 to 2034

Figure 69: Eastern Europe Market Incremental $ Opportunity, 2024 to 2034

Figure 70: Eastern Europe Market Share Analysis by Country, 2024 & 2034

Figure 71: Eastern Europe Market Y-o-Y Growth Projection by Country, 2024 to 2034

Figure 72: Eastern Europe Market Attractiveness Analysis by Country, 2024 to 2034

Figure 73: Eastern Europe Market Share and BPS Analysis by Purity, 2024 & 2034

Figure 74: Eastern Europe Market Y-o-Y Growth Projections by Purity, 2024 to 2034

Figure 75: Eastern Europe Market Attractiveness Analysis by Purity, 2024 to 2034

Figure 76: Eastern Europe Market Share and BPS Analysis by Source, 2024 & 2034

Figure 77: Eastern Europe Market Y-o-Y Growth Projections by Source, 2024 to 2034

Figure 78: Eastern Europe Market Attractiveness Analysis by Source, 2024 to 2034

Figure 79: Eastern Europe Market Share and BPS Analysis by Application, 2024 & 2034

Figure 80: Eastern Europe Market Y-o-Y Growth Projections by Application, 2024 to 2034

Figure 81: Eastern Europe Market Attractiveness Analysis by Application, 2024 to 2034

Figure 82: East Asia Market Value (US$ Mn) Historical Analysis, 2019 to 2023

Figure 83: East Asia Market Value (US$ Mn) Forecast and Analysis, 2024 to 2034

Figure 84: East Asia Market Value Y-o-Y Growth and Forecast, 2019 to 2034

Figure 85: East Asia Market Incremental $ Opportunity, 2024 to 2034

Figure 86: East Asia Market Share Analysis by Country, 2024 & 2034

Figure 87: East Asia Market Y-o-Y Growth Projection by Country, 2024 to 2034

Figure 88: East Asia Market Attractiveness Analysis by Country, 2024 to 2034

Figure 89: East Asia Market Share and BPS Analysis by Purity, 2024 & 2034

Figure 90: East Asia Market Y-o-Y Growth Projections by Purity, 2024 to 2034

Figure 91: East Asia Market Attractiveness Analysis by Purity, 2024 to 2034

Figure 92: East Asia Market Share and BPS Analysis by Source, 2024 & 2034

Figure 93: East Asia Market Y-o-Y Growth Projections by Source, 2024 to 2034

Figure 94: East Asia Market Attractiveness Analysis by Source, 2024 to 2034

Figure 95: East Asia Market Share and BPS Analysis by Application, 2024 & 2034

Figure 96: East Asia Market Y-o-Y Growth Projections by Application, 2024 to 2034

Figure 97: East Asia Market Attractiveness Analysis by Application, 2024 to 2034

Figure 98: South Asia & Pacific Market Value (US$ Mn) Historical Analysis, 2019 to 2023

Figure 99: South Asia & Pacific Market Value (US$ Mn) Forecast and Analysis, 2024 to 2034

Figure 100: South Asia & Pacific Market Value Y-o-Y Growth and Forecast, 2019 to 2034

Figure 101: South Asia & Pacific Market Incremental $ Opportunity, 2024 to 2034

Figure 102: South Asia & Pacific Market Share Analysis by Country, 2024 & 2034

Figure 103: South Asia & Pacific Market Y-o-Y Growth Projection by Country, 2024 to 2034

Figure 104: South Asia & Pacific Market Attractiveness Analysis by Country, 2024 to 2034

Figure 105: South Asia & Pacific Market Share and BPS Analysis by Purity, 2024 & 2034

Figure 106: South Asia & Pacific Market Y-o-Y Growth Projections by Purity, 2024 to 2034

Figure 107: South Asia & Pacific Market Attractiveness Analysis by Purity, 2024 to 2034

Figure 108: South Asia & Pacific Market Share and BPS Analysis by Source, 2024 & 2034

Figure 109: South Asia & Pacific Market Y-o-Y Growth Projections by Source, 2024 to 2034

Figure 110: South Asia & Pacific Market Attractiveness Analysis by Source, 2024 to 2034

Figure 111: South Asia & Pacific Market Share and BPS Analysis by Application, 2024 & 2034

Figure 112: South Asia & Pacific Market Y-o-Y Growth Projections by Application, 2024 to 2034

Figure 113: South Asia & Pacific Market Attractiveness Analysis by Application, 2024 to 2034

Figure 114: MEA Market Value (US$ Mn) Historical Analysis, 2019 to 2023

Figure 115: MEA Market Value (US$ Mn) Forecast and Analysis, 2024 to 2034

Figure 116: MEA Market Value Y-o-Y Growth and Forecast, 2019 to 2034

Figure 117: MEA Market Incremental $ Opportunity, 2024 to 2034

Figure 118: MEA Market Share Analysis by Country, 2024 & 2034

Figure 119: MEA Market Y-o-Y Growth Projection by Country, 2024 to 2034

Figure 120: MEA Market Attractiveness Analysis by Country, 2024 to 2034

Figure 121: MEA Market Share and BPS Analysis by Purity, 2024 & 2034

Figure 122: MEA Market Y-o-Y Growth Projections by Purity, 2024 to 2034

Figure 123: MEA Market Attractiveness Analysis by Purity, 2024 to 2034

Figure 124: MEA Market Share and BPS Analysis by Source, 2024 & 2034

Figure 125: MEA Market Y-o-Y Growth Projections by Source, 2024 to 2034

Figure 126: MEA Market Attractiveness Analysis by Source, 2024 to 2034

Figure 127: MEA Market Share and BPS Analysis by Application, 2024 & 2034

Figure 128: MEA Market Y-o-Y Growth Projections by Application, 2024 to 2034

Figure 129: MEA Market Attractiveness Analysis by Application, 2024 to 2034

Know thy Competitors

Competitive landscape highlights only certain players
Complete list available upon request

- FAQs -

How big is the isobutane market in 2024?

The global market for isobutane is estimated to reach US$ 9.86 billion in 2024.

What are the projections for the isobutane market through 2034?

The isobutane market has been forecasted to expand at 6.3% CAGR and reach US$ 18.17 billion by 2034.

What is the forecasted market size for isobutane in the United States?

Sales of isobutene in the U.S. are forecasted to reach US$ 2.02 billion in 2024.

Which country accounts for a significant market share in East Asia?

China is estimated to reach a market valuation of US$ 2.05 billion in 2024.

Which source of isobutane accounts for a leading market share?

Synthetic isobutane accounts for 37.3% of the market share in 2024.

What is the estimated value of the market in Japan?

Japan is projected to reach a market value of US$ 1.1 billion in 2024.

What is the projected market size for bio-based isobutene in 2024?

Bio-based isobutane is estimated to account for a market value of US$ 3.68 billion in 2024.

- Also of Interest -

Di-isobutylene Market

Di-isobutylene Market By Grade(Below 95%, 95%-98%, Above 98%), By Application (Stabilizer, Lubricants, Silicones, Oxidation inhibitors, Anti-wear additives, Rubber) - Global Review 2019 to 2029

Isobutylene Market

Isobutylene Market By Grade (< 99%, > 99%), By Function (Additive, Intermediate, Antioxidant), By End-use Industry (Fuel, Rubber, Chemical & Cosmetics, Lubricants), By Region - Global Market Forecast 2020-2030

Polyisobutylene (PIB) Market

Polyisobutylene (PIB) Market By Product (Conventional, Highly Reactive), By Molecular Weight (High, Medium, Low) By End Use (Automotive, Industrial, Food, Other End Uses) & Region - Global Market Insights 2023-2033

Isobutane Market

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