High Purity Isobutylene(HPIB) Market
High Purity Isobutylene(HPIB) Market Scope: Industry Analysis, Market Size, Growth, Trends Till 2031
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High Purity Isobutylene(HPIB) Market Size and Growth
The High Purity Isobutylene (HPIB) market is experiencing significant growth due to increasing demand in the pharmaceutical and chemical sectors. Currently valued at approximately $X million, the market is anticipated to reach $Y million by 2027, driven by advancements in production technologies and expanding applications across various industries.
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Companies Covered
(Covid 19 Impact Covered)
◍ Lyondell Basell
◍ ExxonMobil Chemical
◍ TPC Group
◍ NKNK
◍ Sumitomo Chemical
◍ Evonik
◍ Honeywell
◍ Songwon
◍ TASCO
◍ Beijing Yanshan Petrochemical
◍ Jinzhou Petrochemical
◍ Zhejiang Shunda New Material
◍ Shangdong Chambroad Petrochemical
◍ Qixiang Tengda Chemical
The High Purity Isobutylene (HPIB) market features key players like Lyondell Basell, ExxonMobil, and TPC Group, focusing on applications in specialty chemicals, polymers, and fuels. Their investments in R&D and production enhancements drive market growth, increasing efficiency and expanding product offerings. Sales figures include:
- Lyondell Basell: $15 billion - ExxonMobil Chemical: $67 billion - Sumitomo Chemical: $23 billion Request Sample Report
Market Segmentation
By Application
Butyl Rubber
Polyisobutylene
Others
By Product
◍ MTBE Decomposition Method
C4 Fraction Separation Method
Isobutane Dehydrogenation Method
Others
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Market Growth
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$ X Billion USD
