Global High Purity Isobutylene Market was valued at USD 7.74 Billion in 2021 and is expected to reach USD 12.77 Billion by the year 2028, at a CAGR of 7.41%.
High Purity Isobutylene (HPIB) is a chemical made up of an olefinic hydrocarbon conjured up by dehydration of tert-butanol. The production and manufacturing of various synthetic chemical products is done using HPIB or isobutylene. Additionally, it is also used in the production of alkylated phenols which are used as antioxidants, high-reactivity polyisobutylene, butyl rubber, and TBAC solvents. The factors such as excellent chemical and mechanical properties and Increased applications in the automotive industry are driving factors for the global high purity isobutylene market. Toxic Effects of the Derivatives may hamper market growth.
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The global High Purity Isobutylene Market report provides comprehensive market information, including classifications, definitions, and market analysis. This also helps with the awareness of various item specifics, the manufacturing cycle, the supply chain, and the cost structure. Along these lines, the understanding of the project’s structural squares and key drivers of development is enhanced. To estimate the market size, boundaries such as import and fare, rules in various nations, inflation, legal and political variables, financial elements, and other minor aspects inside organizations have been broken down. The research examines the competitive landscape as well as the most current positions of major rivals in the High Purity Isobutylene industry.
Leading Key Players Covered High Purity Isobutylene Market: –
- Lyondell Basell
- ExxonMobil Chemical
- NKNK
- Sumitomo Chemical
- Evonik
- Honeywell
- Songwon
- TASCO
- Beijing Yanshan Petrochemical
- TPC Group
- Jinzhou Petrochemical
- Zhejiang Shunda New Material
- Shangdong Chambroad Petrochemical and other major players.
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Segmentation of High Purity Isobutylene Market: –
By Type
- MTBE Decomposition Method
- C4 Fraction Separation Method
- Isobutane Dehydrogenation Method
- Others
By Application
- Butyl Rubber
- Polyisobutylene
- Others
By Region
- North America (U.S., Canada, Mexico)
- Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)
- Asia-Pacific (China, India, Japan, Singapore, Australia, New Zealand, Rest of APAC)
- Middle East & Africa (Turkey, Saudi Arabia, Iran, UAE, Africa, Rest of MEA)
- South America (Brazil, Argentina, Rest of SA)
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Market Analysis and Insights: Global High Purity Isobutylene Market
The market for High Purity Isobutylene is divided into regions, countries, companies, types, applications, and sales channels. Players, stakeholders, and other market participants in the global High Purity Isobutylene Market will get an advantage by utilising the study as a valuable resource. For the years 2022-2028, the segmentation study focuses on sales, revenue, and forecasts by region, nation, firm, type, application, and sales channels.
Table of content: –
Chapter 1: Introduction
Chapter 2: Executive Summary
Chapter 3: Growth Opportunities by Segment
Chapter 4: Market Landscape
Chapter 5: High Purity Isobutylene Market by Type
Chapter 6: High Purity Isobutylene Market by Component
Chapter 7: High Purity Isobutylene Market by End-User
Chapter 8: Company Profiles and Competitive Analysis
Chapter 9: Global High Purity Isobutylene Market Analysis, Insights and Forecast, 2016-2028
To be continue…
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