DUBLIN–(BUSINESS WIRE)–The “Global Bio-Isobutene Market – A Global and Regional Analysis: Focus on Product, End Use, and Region-Level Analysis, 2020-2025” report has been added to ResearchAndMarkets.com’s offering.
The global bio-isobutene market was at a pre-commercial stage in 2019 and accounted for $4.1 million. The market is expected to garner significant revenue of around $1.0 billion by 2025, growing at a whopping CAGR of 150.30% during the forecast period, 2020-2025.
The global bio-isobutene market growth is mainly attributed to the increased demand for bio-based and green products in multiple application areas such as transportation (aerospace and defense, and automotive), rubber, plastic, personal care and cosmetics, lubricant, and solvent industries. Specialty fuel and polymer grade bio-isobutene have promising and emerging markets with high margins, predominantly in Europe and North America.
Bio-isobutene is expected to bring reliability as well as environmental and socio-economic sustainability in the global chemical value chain. The increased consumption of bio-based fuels, primarily in the transportation industry (aerospace and defense), is predicted to propel the market. However, the exorbitant prices of all grades of isobutene are expected to hinder the market in the short run.
COVID-19 pandemic has impacted the market and caused unprecedented devastation to various sectors, including the manufacturing industry in recent times. The crisis is expected to have intense socio-economic consequences across the globe. As a result, most of the countries are moving toward a new climate and nature-friendly economy model, i.e., circular bioeconomy. This, in turn, is expected to positively impact the global bio-isobutene market.
Key Topics Covered:
1 Markets
1.1 Industry Outlook
1.1.1 Trends: Industry Dynamics Defining the Future Trends in Bio-Isobutene Market
1.1.1.1 Focus on Development of Bio-Based Rubber and Rubber Chemicals
1.1.1.2 Growing Research and Development Activities
1.1.1.3 Adopting Sustainable Routes, Compromising Commercial Success
1.1.2 Increasing Awareness Regarding Harmful Effects of Chemical-Based Products
1.1.3 Supply Chain Analysis
1.1.4 Industry Attractiveness
1.1.5 Supply and Demand Analysis
1.1.6 Ecosystem/Ongoing Programs
1.2 Business Dynamics
1.2.1 Business Drivers
1.2.1.1 Impact of Business Drivers
1.2.1.1.1 Stringent Government Regulation and Support for Sustainable Development
1.2.1.1.2 Evolution in Major End User Industries in Europe: Automotive Sector
1.2.1.1.3 Competitive Raw Material Cost
1.2.1.1.4 Shifting Fuel Standards in Aerospace Industry
1.2.2 Business Restraints
1.2.2.1 Impact of Business Restraints
1.2.2.1.1 Requirement of Highly Skilled Labor
1.2.2.1.2 Technical Knowhow Barrier and Cost
1.2.2.1.3 Highly Consolidated Market
1.2.3 Business Strategies
1.2.3.1 Product Developments
1.2.3.2 Market Developments
1.2.4 Corporate Strategies
1.2.4.1 Mergers and Acquisitions, Partnerships, Joint Ventures, Collaborations, and Alliances
1.2.4.2 Partnerships, Collaborations, and Contracts
1.2.4.3 Mergers, Acquisitions, and Joint Ventures
1.2.5 Business Opportunities
1.2.5.1 Impact of Business Opportunities
1.2.5.1.1 Target Bio-Based Cosmetic Industry
1.2.5.1.2 Targeting Europe Market
1.2.5.1.3 Collaboration with Transportation Industry
1.2.5.1.4 Impact of COVID-19: Need to Scale up
2 Application
2.1 Bio-Isobutene Market – Applications and Specifications
2.1.1 Impact of COVID-19 on Major End-Use Industry (by Region), as of October 2020
2.2 Global Bio-Isobutene Market (by End User), Value and Volume, 2019-2025
2.2.1 Demand Analysis of – Demand Analysis (by End User)
2.2.2 Fuel
2.2.3 Butyl Rubber
2.2.4 Bio-Based Cosmetic Ingredients
2.2.5 Lubricant Additives
2.2.6 Others (Plastic, Organic Glass etc.)
2.2.6.1 Bio-Based Plastics
2.2.6.2 Organic Glass
2.2.7 Global Bio-Isobutene Market (by End User), Volume and Value, 2019-2025
2.2.7.1 Global Bio-Isobutene Demand (by End User), Volume and Value Data
2.2.7.1.1 Pricing Analysis
3 Products
3.1 Bio-Isobutene Market – Products and Specifications
3.1.1 Types of Bio-Isobutene
3.1.1.1 Straw-Derived Bio-Isobutene
3.1.1.2 Sugar Beet and Cane-Derived Bio-Isobutene
3.1.1.3 Others (Wood, Cereals, Tubers etc.)
3.2 Bio-Isobutene Market – Demand Analysis (by Product)
3.2.1 Global Bio-Isobutene Market (by Product), Volume and Value, 2019-2025
3.2.1.1 Global Bio-Isobutene Demand (by Product), Volume Data
3.3 Product Benchmarking: Growth Rate – Market Share Matrix
3.3.1 Opportunity Matrix, by Product
4 Region
4.1 Opportunity Matrix, by Region
5 Markets – Competitive Benchmarking & Company Profiles
- BASF SE
- Butagaz
- Butamax Advanced Biofuels, LLC
- Clariant
- Dow
- Eastman Chemical Company
- Exxon Mobil Corporation
- Gevo, Inc.
- Global Bioenergies
- INEOS
- Lanxess AG
- LanzaTech Inc.
- LOreal
- Sinopec Corp
- Songwon Industrial
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