Isobutane Market Trends, Revenue, Major Players, Share Analysis & Forecast Till 2026

 

The Global Isobutane Market is expected to reach USD 34.00 Billion by 2026, according to a new report by Reports and Data. Isobutane is a colorless gas with a slight petroleum-like odor. It is very inflammable and is denser than air. Among the five natural gas liquids, isobutane has a distinctive place in the market. Isobutane is produced from gas processing plants and refineries and is also the only NGL purposely produced from another NGL –n-butane.

Isobutane is principally used in refineries as a gasoline – petrol – additive. It is processed to make alkylate through the process of alkylation. It is used to produce isooctane, a high octane gasoline constituent, which increases the octane rating and anti-knock characteristics of gasoline. This extensive implementation of isobutane in refineries and petrochemical plants is forecasted to drive the market growth.

Request Access For Free Sample Of This Report : https://www.reportsanddata.com/sample-enquiry-form/1205

Major Players Of This Market –

Conoco Phillips, Linde, Praxair Technology, Air Liquide, Shell Trading International Limited, Sirloong, Jinling Petrochemicals, Taiyo Nippon Sanso Corporation, Evonik and Sibur among others.

 

Further key findings from the report suggest

·         Pure grade isobutane is forecasted to witness highest growth rate of 6.8% in the forecast period owing to the application of this grade of isobutane in alkylation process as well as in refrigeration systems. Technical grade isobutene is forecasted to reach USD 10.71 billion by 2026.

·         Petrochemicals is projected to capture more the 60% of the market in the forecast year reaching USD 20.77 billion by 2026. This can be attributed to the very high use of isobutane as feedstock which are used in the formation of the suitable atmosphere for production of isooctane. Researches are being done on various capabilities of isobutane as a feedstock in improving the production of numerous other compounds.

·         Isobutane is one among the hydrocarbons which are liquefied under pressure and are used as fuel in the form of LPG.

·         Asia Pacific is estimated to capture the largest market share in the with a growth rate of 6.7% during the forecast period due to the presence of large number of refineries in the region, especially in countries like China, India, Japan and South Korea. The market in North America is projected to reach USD 7.17 billion by 2026.

Request Custom Research - https://www.reportsanddata.com/request-customization-form/1205

For the purpose of this report, Reports and Data have segmented global isobutane market on the basis of type, grade, application and region:

Type Outlook (Volume, Million Barrels per Day; 2016-2026 and Revenue, USD Million; 2016-2026)

·         99% Pure

·         5% Pure

·         7% Pure

·         Others

Grade Outlook (Volume, Million Barrels per Day; 2016-2026 and Revenue, USD Million; 2016-2026)

·         Pure Grade

·         Instrumentation Grade

·         Technical Grade

Application Outlook (Volume, Million Barrels per Day; 2016-2026 and Revenue, USD Million; 2016-2026)

·         Refrigeration System

·         Cosmetic Products

·         Petrochemicals

·         Aerosols

·         Others

Regional Outlook (Volume, Million Barrels per Day; 2016-2026 and Revenue, USD Million; 2016-2026)

·         North America

1.       U.S.

·         Europe

1.       Germany

2.       UK

·         Asia Pacific

1.       China

2.       India

3.       South-east Asia

·         Latin America

1.       Brazil

·         MEA

 

To identify the key trends in the industry, click on the link below: https://www.reportsanddata.com/report-detail/isobutane-market

 

Explore Reports and Data's Prime Analysis of the global Materials and Chemicals Industry:

 

Fluorochemicals Market Size, Major Strategies, Key Companies, Revenue Share Analysis

 

Silicon Nitride Market Revenue, Regional & Country Share, Key Factors, Trends & Analysis

 

About Us:

Reports and Data is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target and analyze consumer behavior shifts across demographics, across industries and help client’s make a smarter business decision. We offer market intelligence studies ensuring relevant and fact-based research across a multiple industries including Healthcare, Technology, Chemicals, Power and Energy. We consistently update our research offerings to ensure our clients are aware about the latest trends existent in the market.

Contact Us:

John W

Head of Business Development

Reports and Data | Web: http://google.vu/url?q=https://www.reportsanddata.com

Direct Line: +1-212-710-1370

E-mail: sales@reportsanddata.com

Read Our Innovative Blogs @ https://www.reportsanddata.com/blogs

Check our upcoming research reports @ https://www.reportsanddata.com/upcoming-reports

Comments

Post a Comment

Popular posts from this blog

Synthetic Rubber Market Analysis, Revenue Share, Company Profiles, Launches, & Forecast Till 2028

  The global   synthetic rubber market   is expected to reach USD 47.69 Billion by 2028, according to a new report by Reports and Data. The growth of the market is attributed to the increasing end-use applications of synthetic rubber. Increasing demand of synthetic rubber for tire production is one of the significant factors influencing the market growth. The benefits of synthetic rubber comprises exceptional abrasion resistance and adhesion to metals, thereby making it suitable in making of seals, gaskets, and other products. Also, synthetic rubber provides optimum performance in harsh temperatures owing to better heat resistance quality. It has been found that tires manufactured from synthetic rubber lose around 30.0% less mass as compared to tires produced from natural rubber. Moreover, the advancement in production technology has transformed the automobile industry, which is expected to experience increased sales in the upcoming years, thus creating an increase in the...
Read more

Molybdenum Market Size, Industry & Landscape Outlook, Revenue Growth Analysis to 2026

  Global Molybdenum Market report published by Reports and Data, provides in-depth analysis of top players, geography, end users, applications, competitor analysis, revenue, price, gross margin, market share, import-export data, trends and forecast. The Molybdenum Market report provides a basic overview of the industry including definitions, classifications, applications and chain structure. The Molybdenum market analysis is provided for the international markets including development trends, competitive landscape analysis, and key regions development status. Some of the major key companies operating in the global Molybdenum Market Report include ·          BHP Billiton Group ·          Jinduicheng Molybdenum Co. ·          American CuMo Mining ·          Thompson Creek metals ·     ...
Read more

Hydrochlorofluorocarbon (HCFC) Refrigerant Market Analysis, Revenue Share, Company Profiles, Launches, & Forecast Till 2028

  Global research report called Hydrochlorofluorocarbon (HCFC) Refrigerant market was recently published by Reports and Data to provide guidance for business. The report also focuses on global major leading industry players of Hydrochlorofluorocarbon (HCFC) Refrigerant market providing information such as company profiles, product picture and specification, price, capacity, cost, production, revenue and contact information. Global Hydrochlorofluorocarbon (HCFC) Refrigerant market is expected to develop at a substantial CAGR in the coming years. The most significant factor driving the growth of this market is rising investments in market. Investments in the Hydrochlorofluorocarbon (HCFC) Refrigerant market have witnessed huge growth over the past few years. This report also states import and export consumption, supply and demand figures, cost, price, revenue and gross margins. Get a sample of the report @ https://www.reportsanddata.com/sample-enquiry-form/4564 Market Overview: ...
Read more