RENEWABLE ISOBUTENE
MARKET OVERVIEW
Renewable isobutene is a biobased alternative to traditional isobutene, used in fuels, cosmetics, and elastomers.
Increasing demand for sustainable fuels and green chemicals is driving market growth.
Rising environmental concerns and stricter emission regulations are key market drivers.
MARKET SIZE AND GROWTH
THE GLOBAL RENEWABLE ISOBUTENE MARKET WAS VALUED AT USD 35 MILLION IN 2023.
EXPECTED TO REACH USD 80 MILLION BY 2032, GROWING AT A CAGR OF 9.4%.
By Type
Bio-Based Isobutene
Gas Fermentation-Based
Isobutene
MARKET SEGMENTATION
By Application
Fuel Additives
Synthetic Rubber
Lubricants
Cosmetics
Other Industrial Applications
REGIONAL ANALYSIS
Study focuses on evaluating the market landscape, consumer trends, and competition pertinent to the new product.
ASIA-PACIFIC
Rapid urbanization and industrial expansion fueling high demand
MIDDLE EAST & AFRICA
Infrastructure modernization and new development projects driving demand
NORTH AMERICA
Growth driven by large-scale infrastructure projects and urban development
EUROPE
Focus on green building initiatives and renovation activities
SOUTH AMERICA
Moderate growth supported by government-funded construction
KEY PLAYERS
LanzaTech
Butagaz
Ineos Group
