Isoamylene Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2019 - 2029

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Isoamylene Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2019 - 2029

Status : November, 2020 | Chemical & Materials | PPT format

Report Digest


Isoamylene Market: Introduction

Isoamylene, also known as 2-methyl-2-butene, is a colorless and flammable liquid that falls under the class of unsaturated hydrocarbons. It is used in the production of chemicals and chemicals intermediates and serves a wide range of applications that include flavors and fragrance, pesticides, UV stabilizers, hot melt adhesives, pharmaceutical, and many more. It has very low density and insoluble in water. Commercially, it is prepared by treating isoprene and C5 fractionate which is found via naphtha cracking of crude oil. It has wide range of applications in the fragrance industry, as it is prominently used in the synthesis of fragrance chemicals. Besides, it also finds vast application in formulations in peroxides and polymer antioxidants. Pure isoamylene (99%) is used in the production of agricultural products and resins. Due to the growing demand from end-use industries, the market for isoamylene is expected to grow at a fast pace over the forecast period. The isoamylene market is likely to boost with a higher single-digit CAGR over the forecast period of 2020-2030.

Isoamylene Market: Dynamics

Global isoamylene market is growing rapidly due to the huge demand for polymer antioxidants and flavor & fragrance across the globe. Flavor & fragrance holds one-third of global isoamylene consumption and is widely used in the production of fragrance chemicals. Collaboration between the prominent market players and the research centers and universities to develop advance products based on isoamylene has also led to the market’s growth. Also, manufacturers are focusing on the expansion of isoamylene production to maintain a horizontal supply-demand gap. Moreover, niche applications such as pharmaceutical and UV stabilizers are anticipated to be the key factor for the growth of isoamylene consumption over the coming years. However, isoamylene being highly volatile and flammable, the manufacturers face difficulties in storage and handling, which adds up to overall cost of the product. This fact along with tight supply of isoamylene tend to hamper the market growth over the long term forecast.

Isoamylene Market: Segmentation

Based on the application, the global isoamylene Market is segmented as:

  • Pesticides
  • Pharmaceutical
  • Catalyst
  • Flavor & Fragrance
  • UV stabilizer
  • Hot melt adhesives
  • Anti-oxidants
  • Others

Isoamylene Market: Regional Outlook

Global isoamylene market is divided into six regions including North America, Latin America, Europe, South Asia & Oceania, East Asia, and MEA. Among the regions mentioned above, East Asia accounts for around one-third of the global isoamylene market owing to presence of key manufacturers and escalating industrialization in the region. In addition, steadily rising agriculture and pharmaceutical industries also tend to provide an upswing to the regional isoamylene market. On the other hand, Europe has witnessed significant growth over the forecast period due to vast flavor & fragrance industry and enormous growth in downstream industries in the region. Latin America is expected to have a swift growth in global isoamylene market due to increase in demand for specialty chemicals, growing automotive industry in Mexico and establishment of manufacturing units in the region. Moreover, North America is expected to witness moderate growth over the forecast period and showcase a similar trend as of Europe. South Asia & Oceania region is anticipated to grow at a fast pace as the manufacturers are shifting towards low cost manufacturing countries. India and Indonesia would be the two lucrative countries within isoamylene market. Middle East & Africa is expected to have a single-digit growth in the global isoamylene market.

Isoamylene Market: Market stakeholders

Key market stakeholders in the global Isoamylene market are Jinhai Chengguang, Zibo Liantan Chemical, Biesterfeld AG, Sunny Industrial System GmbH, Shanghai Petrochemical Company, INEOS Oligomers, Shandong Yuhuang Chemical, Chevron Phillips Chemical. The isoamylene market consists of well-diversified global and regional players with the global vendors ruling the market.

The research report presents a comprehensive assessment of the isoamylene market and contains thoughtful insights, facts, historical data and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The isoamylene market report provides analysis and information, according to market segments such as geographies and application.

Isoamylene Market Report Covers Exhaustive Analysis On:

  • Market Segments
  • Market Dynamics
  • Market Size & Demand
  • Current Trends/Issues/Challenges
  • Competition & Companies involved
  • Technology
  • Value Chain

Isoamylene report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. Isoamylene report provides an in-depth analysis of parent market trends, macroeconomic indicators and governing factors along with market attractiveness as per segments. Isoamylene report also maps the qualitative impact of various market factors on market segments and geographies.

Isoamylene Market Report Highlights:

  • A Detailed overview of the parent market
  • Changing market dynamics in the industry
  • In-depth market segmentation
  • Historical, current and projected market size in terms of volume and value
  • Recent industry trends and developments
  • Competitive landscape
  • Strategies of key players and products offered
  • Potential and niche segments, geographical regions exhibiting promising growth
  • A neutral perspective on market performance
  • Must-have information for market players to sustain and enhance their market footprint.

This study provides a particularized anatomy according to the L.E.A.P mechanism

  • Latest trends and cardinal growth prospects
  • Existing and future insights in growth
  • Ascensions in technology
  • Pain points

The regional analysis offers market assays across:

  • North America
  • Asia Pacific
  • Europe
  • Latin America
  • The Middle East and Africa

The study, prepared through the L.E.A.P mechanism adds a dimension of infallibility and assures precise information on all the growth dynamics.

Latest Trends and Cardinal Growth Prospects

The study assists in burnishing the knowledge of the stakeholder in terms of the emerging trends. The study provides an expansive coverage on the latest developments and novel profit-yielding sources that augur well with the market. A dedicated and determined team of experts conduct an out-and-out research on diverse aspects to offer ultimate breakthroughs in the market.

Existing and Future Insights in Growth

The interfusion of ubiquitous primary and secondary research through modern tools invites perfection and accuracy in every aspect. Primary research is circumspectly conducted through exhaustive interactions and interviews of experts. These valuable opinions are then neatly inducted in the report to allow the stakeholder for reaping the benefits. A treasure of secondary data is extracted via famed paid sources, yearly estimates and statements, renowned journals, and government documents. These sources assist in creating a robust database comprising existing and subsequent growth dynamics.

Ascensions in Technology

Diverse technological advancements and cutting-edge innovations in the market have been covered in this study to assist the stakeholder in research and development activities. Recent upgrades have also been added in the study, thus helping the stakeholder to paint the strokes of growth on the canvas of the market.

Pain Points

The study presents a plethora of challenges and obstacles that can hinder the growth of the market to allow the stakeholder to prepare their strategies accordingly.

The world ushered in the new decade with the shadow of the COVID-19 pandemic. The outbreak has damaged the growth prospects of several businesses and has crippled the entire economy. The study is in tandem with the changing dynamics of the market due to the SARS-CoV-2 outbreak. The study focuses on the coronavirus pandemic and analyses every aspect that impacts the growth positively or negatively.

An aerial perspective of the regions covered in this study enables the stakeholder to design strategies accordingly. The 360-degree assessment of every aspect associated with growth offers information on a rainbow of growth opportunities available across the market.

The exhaustive study motivates the stakeholder to take the 'LEAP' of faith and achieve success!

This report is the key to questions such as:

What are the prominent factors that will help in reshaping the market growth?

Which trends have the potential to bring expansive growth for the market?

What are the necessary strategies to overcome the ill-effects of the COVID-19 pandemic?

Which regions will emerge as champion growth contributors for the market?

Which aspects will serve as game-changers for the market?

What are the latest innovations in the market?

Which factors will hinder the growth of the market?