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
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- 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.