Global 2-Methylpropene Market: Rapid and Large-Scale Growth in Automotive and Aviation Sectors Resulting in Increased Consumption

Transparency Market

Research

2-Methylpropene Market - Global Industry Analysis,

Size, Share, Growth, Trends, and Forecast 2016 - 2024

Published Date

14-Oct-2016

195 Page Report

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Global 2-methylpropene Market: Rapid and Large-scale

Growth in Automotive and Aviation Sectors Resulting in

Increased Consumption, finds TMR

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2-Methylpropene Market

REPORT DESCRIPTION

2-Methylpropene Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2016 2024

The global market for 2-methylpropene is led by established players such as BASF SE, Evonik Industries AG,

Lyondell Basell Industries N.V., and TPC Group. Transparency Market Research notes that these players

have, over the years, benefited from technical expertise and strong capabilities of producing 2-methylpropene

and related products.

Despite being a highly capital-intensive market, the threat of new entrants is projected to rise from a low to

medium level during the course of the forecast period, increasing the degree of competition among the players.

Establishing a strong distribution and sales network in order to expand their reach has proven to be a

successful strategy for players in the 2-methylpropene market.

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The global 2-methylpropene market is slated to exhibit a steady CAGR of 7.07% during the forecast period in

terms of revenue. In view of this, the opportunity presented by this market is projected to rise from US$26.99

bn in 2015 to US$49.91 bn by 2024. In terms of volume, the 2-methylpropene market is expected to expand at

a CAGR of 6.21% from 2016 to 2024.

Fuels and Lubricants Form Most Attractive Application Segment

By product, isooctane held the leading share...