2-Methylpropene Market
2-Methylpropene Market Scope: Industry Analysis,
Market Size, Growth, Trends Till 2031
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2-Methylpropene Market Size and Growth
The 2-Methylpropene market is experiencing significant growth driven by demand in petrochemical production and polymer applications. The market size in 2023 is estimated at approximately USD 2.5 billion, with a projected CAGR of 5% through 2030, reflecting increasing industrial usage and advancements in production technologies. Market conditions favor sustained expansion.
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Companies Covered
(Covid 19 Impact Covered)
◍ BASF
◍ Evonik
◍ LyondellBasel
◍ TPC
◍ ChevronPhillips
◍ SongwonIndustrial
◍ SumitomoChemical
◍ ZiboQixiangPetrochemical
◍ HeilongjiangAnruijiaPetrochemical
◍ ShandongYuhuangChemical
The 2-Methylpropene market is competitive with key players like BASF, Evonik, LyondellBasell, TPC, Chevron Phillips, and others. These companies utilize 2Methylpropene in producing chemicals and polymers, driving demand through innovation. Sales revenues include:
- BASF: €59 billion (2022)
- LyondellBasell: $44.6 billion (2022)
- Evonik: €15.8 billion (2022)
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Market Segmentation
By Application
Butylrubber ◍ Polyisobutylene ◍ Methacrylonitrile ◍ Other
By Product
◍ MTBEDecompositionMethod
◍ C4FractionSeparationMethod ◍ IsobutaneDehydrogenationMethod
Market Growth
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$ X Billion USD
