# Demand for Isobutylene Market to Grow at a CAGR of 5% Through 2030 Author: Pal Sinha, Barnali Author URL: https://financedigest.com/author/pal-sinha-barnali Published: 2021-09-14 Category: Research Reports Category URL: https://financedigest.com/category/research-reports Meta Title: Isobutylene Market Trends 2020-2030 Analysis Meta Description: Discover key insights on the isobutylene market, including growth drivers, market segmentation, and key players. Stay informed on the latest trends and URL: https://financedigest.com/demand-for-isobutylene-market-to-grow-at-a-cagr-of-5-through-2030html The global isobutylene market is poised to record a CAGR of 5% during the forecast period (2020-2030). Attributed to excellent resistivity against water, steam alkalis, and oxygenated solvents, isobutylene has emerged as a material of choice in the rubber industry. Demand for isobutylene in the rubber industry is further gaining a boost from its bundled benefits such as low gas permeation and high-energy absorption (dampening) coupled with high hot tear strength. Isobutylene has [gained significant traction](https://www.financedigest.com/digital-health-market-size-to-gain-traction-of-us-536-6-billion-growth-opportunities-by-2025-transparency-market-research.html "Digital Health Market Size to Gain Traction of US$ 536.6 Billion, Growth Opportunities by 2025: Transparency Market Research") as an ideal ingredient for the production of butyl rubber, owing to its excellent vibration dampening property and high temperature resistivity. Moreover, as butyl rubber is made up of 98% from isobutylene, the [market is projected to witness strong growth during the forecast period](https://www.financedigest.com/vision-screeners-market-is-expected-to-grow-at-a-cagr-of-5-9-during-the-forecast-period-2022-2029-to-reach-us-815-2-mn-fmi.html "Vision Screeners Market is expected to grow at a CAGR of 5.9% during the forecast period 2022-2029 to reach US$ 815.2 Mn: FMI"). **For detailed insights on enhancing your product footprint, request for a sample here – [https://www.factmr.com/connectus/sample?flag=S&rep\_id=3786](https://www.factmr.com/connectus/sample?flag=S&rep_id=3786)** However, in 2020, the isobutylene market has been [hit hard by the COVID-19 outbreak](https://www.financedigest.com/nestle-closes-french-buitoni-factory-hit-by-e-coli-outbreak.html "Nestle closes French Buitoni factory hit by E.coli outbreak") and subsequent fall in oil prices. Manufacturing operations across several end-use industries have been scaled down on the account of labor [shortages and supply chain disruptions](https://www.financedigest.com/britain-facing-tomatoes-shortage-after-overseas-harvests-disrupted.html "Britain facing tomatoes shortage after overseas harvests disrupted"). The result has led to a [decline in demand](https://www.financedigest.com/demand-for-temperature-controlled-pharma-packaging-solutions-to-reach-over-us-9-bn-by-2030-fmi-projects-a-decline-till-q2-2020-amid-covid-19-pandemic.html "Demand for Temperature Controlled Pharma Packaging Solutions to Reach over US$ 9 Bn by 2030; FMI Projects a Decline till Q2 2020 Amid COVID-19 Pandemic") for isobutylene. **[Key Takeaways of Isobutylene Market](https://www.financedigest.com/amorphous-iron-fe-amorphous-market-industry-outlook-growth-prospects-and-key-opportunities.html "Amorphous Iron (Fe Amorphous) Market: Industry Outlook, Growth Prospects and Key Opportunities") Study** - On the basis of grade, <99% remains highly preferred, accounting for a significant share of the total market value. However, >99% isobutylene is poised to experience a relatively high growth rate over the [forecast period](https://www.financedigest.com/forging-lubricants-market-is-estimated-to-expand-at-a-cagr-of-5-6-over-the-forecast-period-of-2021-2031.html "Forging Lubricants Market is estimated to expand at a CAGR of 5.6% over the forecast period of 2021-2031"). - Use of isobutylene as a fuel additive is set to account for nearly three-fourths of the [global consumption](https://www.financedigest.com/mldw-technology-market-size-share-top-leading-companies-consumption-drivers-trends-forces-analysis-revenue-challenges-and-global-forecast-2028.html "MLDW Technology Market: Size, Share, Top Leading Companies, Consumption, Drivers, Trends, Forces Analysis, Revenue, Challenges And Global Forecast 2028") by 2030. - The [fuel industry](https://www.financedigest.com/automotive-fuel-filter-market-opportunity-analysis-and-industry-forecast-up-to-2031.html "Automotive Fuel Filter Market: Opportunity Analysis and Industry Forecast up to 2031") remained a key consumption area of isobutylene during the historical period, reaching a volume of over 10 Mn tons in 2019. - Butyl rubber industry is set to emerge as a growth epicenter of the isobutylene [market and expand at an impressive CAGR](https://www.financedigest.com/mobile-application-stores-market-is-likely-to-grow-at-a-cagr-of-20-during-2022-to-2032-future-market-insights-inc.html "Mobile Application Stores Market is likely to grow at a CAGR of 20% during 2022 to 2032 | Future Market Insights Inc.   ") of ~6% during the forecast period. - In terms of both volume and value, East Asia has dominated the global isobutylene [market and is projected](https://www.financedigest.com/inkjet-printers-market-is-expanding-at-a-healthy-6-7-cagr-and-projected-to-reach-us-74-1-bn-by-2028-fmi.html "Inkjet Printers Market is expanding at a healthy 6.7% CAGR, and projected to reach US$ 74.1 Bn by 2028: FMI") to account for over half of the global consumption by 2030. **For critical insights on this market, request for methodology here – [https://www.factmr.com/connectus/sample?flag=RM&rep\_id=3786](https://www.factmr.com/connectus/sample?flag=RM&rep_id=3786)** **![isobutylene market competitive analysis](https://prod.superblogcdn.com/site_cuid_cm5qst7v3003gwirgwqtxn8i8/images/isobutylene-market-competitive-analysis-1736837888254-compressed.png)** **Isobutylene Market: Segmentation** Fact.MR has segmented the isobutylene [market on the basis of grade](https://www.financedigest.com/the-connectivity-oriented-zeal-to-help-food-grade-cellulose-market-ride-further.html "The Connectivity-Oriented Zeal To Help Food Grade Cellulose Market Ride Further"), function, end-use industry, and region. **Grade** - < 99% - \> 99% **Function** - Additive - Intermediate - Antioxidant **For in-depth competitive analysis, buy now – [https://www.factmr.com/checkout/3786](https://www.factmr.com/checkout/3786)** **[Market Players to Focus on Expansion](https://www.financedigest.com/rapid-expansion-projected-for-ghs-labels-market-during-2022-2030-at-a-cagr-of-4-8.html "Rapid Expansion Projected for GHS Labels Market during (2022- 2030) at a CAGR of 4.8%") of Production Capacities** To sustain the increasing demand for isobutylene from a range of industries [including fuel](https://www.financedigest.com/uniper-sells-uae-marine-fuels-refinery-to-consortium-including-montfort.html "Uniper sells UAE marine fuels refinery to consortium including Montfort"), rubber, lubricants, and chemical, market players have been significantly focused on expanding their production capacities. For instance, - In 2019, Enterprise Products Partners LP expanded its production capacity to 425 kilo tons, which enhanced its [market position](https://www.financedigest.com/manufacturing-sector-is-likely-to-influence-titanium-carbide-market-demand-in-positive-manner.html "Manufacturing Sector Is Likely to Influence Titanium Carbide Market Demand in Positive Manner") over its competitors. - In 2019, Saudi [Aramco announced to joint venture](https://www.financedigest.com/renault-geely-ink-pact-with-aramco-for-engine-venture.html "Renault, Geely ink pact with Aramco for engine venture") with Total Company to establish new production facility for poly-isobutylene. - In 2018, under its organic strategy, Nizhnekamskneftekhim expanded its isobutylene production capacity by 160 kilo tons, which has [strengthened its market](https://www.financedigest.com/the-intra-aortic-balloon-pump-market-to-strengthen-by-the-way-of-digitized-polyphony.html "The Intra Aortic Balloon Pump Market to strengthen by the way of digitized polyphony") position across the globe. Inline production capacity [expansions by prominent manufacturers are thus poised to uplift the market](https://www.financedigest.com/rapid-expansion-projected-for-metallized-films-market-during-2018-2028-at-a-cagr-of-5-1.html "Rapid Expansion Projected for Metallized Films Market during (2018- 2028) at a CAGR of 5.1%") growth during the forecast period. **Read More Trending and Similar Reports from Fact.MR – [https://www.globenewswire.com/en/news-release/2019/09/03/1909732/0/en/Benzaldehyde-Adoption-Rides-on-its-Versatility-Quotient-Gains-Upheld-by-Multipronged-Applications-across-Industries-Fact-MR.html](https://www.globenewswire.com/en/news-release/2019/09/03/1909732/0/en/Benzaldehyde-Adoption-Rides-on-its-Versatility-Quotient-Gains-Upheld-by-Multipronged-Applications-across-Industries-Fact-MR.html)** **Explore Fact.MR’s Comprehensive Coverage on Chemical & Materials Landscape** Calcium Market Forecast, Trend Analysis & Competition Tracking – Global Market insights 2018 to 2028- [https://www.factmr.com/report/1803/calcium-market](https://www.factmr.com/report/1803/calcium-market) Carbon Aerogel Market Forecast, Trend Analysis & Competition Tracking – Global Market insights 2018 to 2028- [https://www.factmr.com/report/1802/carbon-aerogel-market](https://www.factmr.com/report/1802/carbon-aerogel-market) Medical Grade Polymers Market Forecast, Trend Analysis & Competition Tracking – Global Market insights 2018 to 2028- [https://www.factmr.com/report/1801/medical-grade-polymers-market](https://www.factmr.com/report/1801/medical-grade-polymers-market) **About Us:** [Market research](https://www.financedigest.com/brachytherapy-devices-market-growing-at-a-cagr-of-8-1-and-to-target-us-1613-6-million-by-2026-transparency-market-research.html "Brachytherapy Devices Market Growing at a CAGR of 8.1% and to Target US$ 1,613.6 Million by 2026 | Transparency Market Research") and consulting agency with a difference! That’s why 80% of Fortune 1,000 [companies trust](https://www.financedigest.com/more-than-twice-as-many-consumers-trust-customer-reviews-over-companies-themselves-according-to-research-from-smart-money-people.html "More than twice as many consumers trust customer reviews over companies themselves according to research from Smart Money People") us for making their most critical decisions. While our experienced consultants employ the [latest technologies to extract hard-to-find insights](https://www.financedigest.com/nutragenomics-market-overview-forthcoming-technologies-future-trends-latest-insights-by-share-outlook-till-2022-2029.html "Nutragenomics Market Overview, Forthcoming Technologies, Future Trends, Latest Insights By Share, Outlook Till 2022-2029"), we believe our USP is the trust clients have on our expertise. Spanning a wide range – from [automotive & industry](https://www.financedigest.com/automotive-hmi-system-market-recent-industry-developments-and-growth-strategies-adopted-by-players.html "Automotive HMI System Market: Recent Industry Developments and Growth Strategies Adopted by Players") 4.0 to healthcare & retail, our coverage is expansive, but we ensure even the most niche categories are analyzed. Our [sales offices in United](https://www.financedigest.com/automotive-digital-key-market-unit-sales-to-witness-significant-growth-in-the-near-future.html "Automotive Digital Key Market Unit Sales to Witness Significant Growth in the Near Future") States and Dublin, Ireland. Headquarter based in Dubai, UAE. Reach out to us with your goals, and we’ll be an able [research partner](https://www.financedigest.com/havas-media-group-partners-with-lumen-research-to-measure-and-optimise-attention-at-global-scale.html "Havas Media Group Partners with Lumen Research to Measure and Optimise Attention at Global Scale"). **Contact:** US Sales Office: 11140 Rockville Pike Suite 400 Rockville, MD 20852 United States Tel: +1 (628) 251-1583 **Corporate Headquarter:** Unit No: AU-01-H Gold Tower (AU), Plot No: JLT-PH1-I3A, Jumeirah Lakes Towers, Dubai, United Arab Emirates **Email:** [sales@factmr.com](mailto:sales@factmr.com) **Visit Our Website:** [https://www.factmr.com](https://www.factmr.com/) The post Demand for Isobutylene Market to Grow at a CAGR of 5% Through 2030 appeared first on The Tribune City. --- This blog is powered by Superblog. Visit https://superblog.ai to know more. ---