2026 Global: 2-Methylpropene Market -Competitive Review (2032) report
Description
The 2026 Global: 2-Methylpropene Market -Competitive Review (2031) report features the global market size and projected growth/decline data for the period 2021 through 2032. The report primarily provides an examination of the business strategies for the ten largest global companies in the market and how their strategies differ.
Perry/Hope Partners' reports provide the most accurate industry forecasts based on our proprietary economic models. Our forecasts project the product market size nationally and by regions for 2021 to 2032 using regression analysis in our modeling. and Perry/Hope is the only market research publisher that utilizes both longitudinal (historical) and vertical (from market section to market division to market class) analysis, since we study every manufactured product in the countries we analyze. The report also provides written analysis on the market definition, market segments, and SWOT analysis (market strengths, weaknesses, opportunities, and threats).
The market study aims at estimating the market size and the growth potential of this market. Topics analyzed within the report include a detailed breakdown of the global markets for 2-methylpropene market by geography and historical trend. The scope of the report extends to sizing of the 2-methylpropene market market and global market trends with market data for 2024 as the base year, 2025 and 2026 as the estimate years with projection of CAGR from 2027 to 2032.
The report also features a list of the top ten largest global players in the market. A review of each company includes 1) an estimate of the market share, 2) a listing of the products and/or services in the market, and 3) the features of these products and/or services in the market. The report has a chapter on Comparative Business Strategies for the largest four players. An example of the Comparative Business Strategies analysis would be -- How does Netflix's business strategy to expand its market share in the global online streaming compare to Amazon Prime's business strategy through its video products and services?
The ten market players in this report and a brief synopsis of their participation in the market are:
The 2-Methylpropene market, also known as isobutylene, is dominated by ten major companies leveraging advanced petrochemical technologies, capacity expansions, and strategic integrations to meet rising demand for butyl rubber, polyisobutylene, and fuel additives. BASF SE leads with its global production from butane cracking, supplying high-purity isobutene for lubricants, pharmaceuticals, and polymers, bolstered by R&D in sustainable processes. Evonik Industries AG excels in specialty applications, emphasizing yield improvements and regional hubs for rubber and additives, with strong financial performance driving market share. LyondellBasell Industries N.V. (often listed as LyondellBasell or LyondellBasel) commands significant capacity through olefin derivatives, focusing on downstream polymers and cost-efficient upgrades in Asia-Pacific and Europe. TPC Group specializes in North American supply chains, prioritizing process safety and industrial-scale output for synthetic rubbers. Chevron Phillips Chemical delivers reliable volumes via integrated complexes, enhancing competitiveness in fuel additives and international exports.
ExxonMobil Chemical and SABIC anchor the top tier with massive petrochemical platforms; ExxonMobil invests in high-performance PIB and tires, while SABIC optimizes feedstock for rubbers and polymers across Middle East hubs. Sumitomo Chemical and Songwon Industrial contribute Asian prowess, with Sumitomo advancing dehydrogenation tech for purity and Songwon targeting additives amid APAC's 53.9% market dominance. Nizhnekamskneftekhim (part of Sibur) expanded halobutyl rubber capacity to 200 kt, holding 25% of global output and fueling Europe's emission-compliant fuels. These firms navigate challenges like MTBE decline through bio-based innovations and logistics optimizations, capturing shares in a market projected to grow from USD 40-54 billion in 2024 to USD 70-77 billion by 2033-2034 at 3.9-5.7% CAGR.
Rounding out the leaders, Enterprise Products Partners L.P. bolsters U.S. midstream with strategic initiatives in polyisobutylene, while regional giants like Yuhuang Chemical Inc. and Zibo Qixiang Petrochemical drive China's upstream surge, integrating with EV and infrastructure booms. Collectively, these companies—spanning BASF, Evonik, LyondellBasell, TPC, Chevron Phillips, ExxonMobil, SABIC, Sumitomo, Nizhnekamskneftekhim, and Songwon—hold commanding positions via mergers, tech upgrades, and APAC focus, where rubber manufacturing claims 61.7% usage. Their expansions counter supply volatility, ensuring resilience amid automotive, packaging, and clean fuel demands.
Perry/Hope Partners' reports provide the most accurate industry forecasts based on our proprietary economic models. Our forecasts project the product market size nationally and by regions for 2021 to 2032 using regression analysis in our modeling. and Perry/Hope is the only market research publisher that utilizes both longitudinal (historical) and vertical (from market section to market division to market class) analysis, since we study every manufactured product in the countries we analyze. The report also provides written analysis on the market definition, market segments, and SWOT analysis (market strengths, weaknesses, opportunities, and threats).
The market study aims at estimating the market size and the growth potential of this market. Topics analyzed within the report include a detailed breakdown of the global markets for 2-methylpropene market by geography and historical trend. The scope of the report extends to sizing of the 2-methylpropene market market and global market trends with market data for 2024 as the base year, 2025 and 2026 as the estimate years with projection of CAGR from 2027 to 2032.
The report also features a list of the top ten largest global players in the market. A review of each company includes 1) an estimate of the market share, 2) a listing of the products and/or services in the market, and 3) the features of these products and/or services in the market. The report has a chapter on Comparative Business Strategies for the largest four players. An example of the Comparative Business Strategies analysis would be -- How does Netflix's business strategy to expand its market share in the global online streaming compare to Amazon Prime's business strategy through its video products and services?
The ten market players in this report and a brief synopsis of their participation in the market are:
The 2-Methylpropene market, also known as isobutylene, is dominated by ten major companies leveraging advanced petrochemical technologies, capacity expansions, and strategic integrations to meet rising demand for butyl rubber, polyisobutylene, and fuel additives. BASF SE leads with its global production from butane cracking, supplying high-purity isobutene for lubricants, pharmaceuticals, and polymers, bolstered by R&D in sustainable processes. Evonik Industries AG excels in specialty applications, emphasizing yield improvements and regional hubs for rubber and additives, with strong financial performance driving market share. LyondellBasell Industries N.V. (often listed as LyondellBasell or LyondellBasel) commands significant capacity through olefin derivatives, focusing on downstream polymers and cost-efficient upgrades in Asia-Pacific and Europe. TPC Group specializes in North American supply chains, prioritizing process safety and industrial-scale output for synthetic rubbers. Chevron Phillips Chemical delivers reliable volumes via integrated complexes, enhancing competitiveness in fuel additives and international exports.
ExxonMobil Chemical and SABIC anchor the top tier with massive petrochemical platforms; ExxonMobil invests in high-performance PIB and tires, while SABIC optimizes feedstock for rubbers and polymers across Middle East hubs. Sumitomo Chemical and Songwon Industrial contribute Asian prowess, with Sumitomo advancing dehydrogenation tech for purity and Songwon targeting additives amid APAC's 53.9% market dominance. Nizhnekamskneftekhim (part of Sibur) expanded halobutyl rubber capacity to 200 kt, holding 25% of global output and fueling Europe's emission-compliant fuels. These firms navigate challenges like MTBE decline through bio-based innovations and logistics optimizations, capturing shares in a market projected to grow from USD 40-54 billion in 2024 to USD 70-77 billion by 2033-2034 at 3.9-5.7% CAGR.
Rounding out the leaders, Enterprise Products Partners L.P. bolsters U.S. midstream with strategic initiatives in polyisobutylene, while regional giants like Yuhuang Chemical Inc. and Zibo Qixiang Petrochemical drive China's upstream surge, integrating with EV and infrastructure booms. Collectively, these companies—spanning BASF, Evonik, LyondellBasell, TPC, Chevron Phillips, ExxonMobil, SABIC, Sumitomo, Nizhnekamskneftekhim, and Songwon—hold commanding positions via mergers, tech upgrades, and APAC focus, where rubber manufacturing claims 61.7% usage. Their expansions counter supply volatility, ensuring resilience amid automotive, packaging, and clean fuel demands.
Table of Contents
32 Pages
- 1.0 Scope of Report and Methodology
- 2.0 Market SWOT Analysis and Players
- 2.1 Market Definition
- 2.2 Market Segments
- 2.3 Market Strengths
- 2.4 Market Weaknesses
- 2.5 Market Threats
- 2.6 Market Opportunities
- 2.7 Major Players
- 3.0 Competitive Analysis
- 3.1 Market Player 1
- 3.2 Market Player 2
- 3.3 Market Player 3
- 3.4 Market Player 4
- 3.5 Market Player 5
- 3.6 Market Player 6
- 3.7 Market Player 7
- 3.8 Market Player 8
- 3.9 Market Player 9
- 3.10 Market Player 10
- 4.0 Comparative Business Strategies
- 4.1 Comparative Business Strategies of Player 1 and 2
- 4.2 Comparative Business Strategies of Player 1 and 3
- 4.3 Comparative Business Strategies of Player 1 and 4
- 4.4 Comparative Business Strategies of Player 2 and 3
- 4.5 Comparative Business Strategies of Player 2 and 4
- 4.6 Comparative Business Strategies of Player 3 and 4
- 5.0 Appendix
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