Global 2-Methylpropene Market to Reach $63.5 Billion by 2030
The global market for 2-Methylpropene estimated at US$39.6 Billion in the year 2022, is projected to reach a revised size of US$63.5 Billion by 2030, growing at a CAGR of 6.1% over the analysis period 2022-2030. Butyl Rubber, one of the segments analyzed in the report, is projected to record 6.6% CAGR and reach US$4.7 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Poly isobutylene segment is readjusted to a revised 6.2% CAGR for the next 8-year period.The U.S. Market is Estimated at $10.5 Billion, While China is Forecast to Grow at 9.5% CAGR
The 2-Methylpropene market in the U.S. is estimated at US$10.5 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$15.1 Billion by the year 2030 trailing a CAGR of 9.5% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 3.1% and 5.5% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 3.7% CAGR.Select Competitors (Total 12 Featured) -
- BASF SE
- Chevron Phillips Chemical Company
- Evonik Industries AG
- Heilongjiang Anruijia Petrochemical Co., Ltd.
- LyondellBasel Industries NV
- Shandong Yuhuang Chemical (Group) Co., Ltd.
- Songwon Industrial Co., Ltd.
- Sumitomo Chemical
- TPC Group
- Zibo Qixiang Petrochemical Group Ltd.
What's New?
- Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
- Global competitiveness and key competitor percentage market shares
- Market presence across multiple geographies - Strong/Active/Niche/Trivial
- Online interactive peer-to-peer collaborative bespoke updates
- Access to digital archives and the publisher's Research Platform
- Complimentary updates for one year
Table of Contents
I. METHODOLOGYII. EXECUTIVE SUMMARY2. FOCUS ON SELECT PLAYERS3. MARKET TRENDS & DRIVERSIV. COMPETITION
1. MARKET OVERVIEW
4. GLOBAL MARKET PERSPECTIVE
III. MARKET ANALYSIS
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- BASF SE
- Chevron Phillips Chemical Company
- Evonik Industries AG
- Heilongjiang Anruijia Petrochemical Co., Ltd.
- LyondellBasel Industries NV
- Shandong Yuhuang Chemical (Group) Co., Ltd.
- Songwon Industrial Co., Ltd.
- Sumitomo Chemical
- TPC Group
- Zibo Qixiang Petrochemical Group Ltd.
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 179 |
Published | May 2024 |
Forecast Period | 2022 - 2030 |
Estimated Market Value ( USD | $ 39.6 Billion |
Forecasted Market Value ( USD | $ 63.5 Billion |
Compound Annual Growth Rate | 6.1% |
Regions Covered | Global |