Why did the Isobutylene Price Change in July 2025? The Isobutylene Spot Price in North America decreased by 1.63% quarter-over-quarter in Q2 2025, reflected in a bearish Price Index.

Get the latest insights on price movement and trend analysis of Isobutene in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East Africa).

The price of n-butylene and isobutylene in the United States reached 1112 USD/MT in December.

N-Butylene and Isobutylene Prices December 2023

Explore IMARC’s newly published report, titled “N-Butylene and Isobutylene Pricing Report 2024: Price Trend, Chart, Market Analysis, News, Demand, Historical and Forecast Data,” offers an in-depth analysis of N-butylene and isobutylene pricing, covering an analysis of global and regional market trends and the critical factors driving these price movements.

Why did the Isobutane Price Change in July 2025? In APAC, particularly in China, the Isobutane Price Index showcased a mixed performance over Q2 2025. April marked a slight recovery due to increased refrigerant demand

The global bio-isobutene market is projected to reach $74.5 million by 2034 from $3.6 million in 2023, growing at a CAGR of 35.76% during the forecast period 2024-2034.

Isobutene Market Outlook

The global isobutene market size was valued at approximately USD 27.5 billion in 2023, and it is projected to reach around USD 38.6 billion by 2032, growing at a compound annual growth rate (CAGR) of 3.9% during the forecast period. The growth of this market is driven by the increasing demand for isobutene in various applications such as automotive, aerospace, pharmaceuticals, and agrochemicals. Isobutene's versatile properties make it a critical component in the manufacturing of various industrial products, including rubber and plastic materials.

One of the major growth factors of the isobutene market is its extensive application in the automotive industry. The rising production and sales of vehicles globally have led to an increased demand for isobutene, which is used in the manufacture of synthetic rubber for tires and other automotive components. Furthermore, the growing emphasis on fuel efficiency and emission control has led to innovations in fuel additives and lubricants, many of which incorporate isobutene as a key ingredient. Additionally, the aerospace industry’s growth, driven by increasing air travel and advancements in aircraft technology, has further bolstered the demand for high-performance materials like isobutene derivatives.

Another significant factor contributing to the market's growth is the burgeoning pharmaceuticals and agrochemicals sectors. Isobutene is used in various pharmaceutical formulations due to its chemical stability and non-reactive nature. The rising demand for innovative drug delivery systems and the growing emphasis on agricultural productivity have spurred the need for high-quality agrochemicals, many of which are based on isobutene. Furthermore, the strategic shift towards sustainable and efficient farming practices has amplified the utilization of isobutene in agrochemical applications, enhancing crop yield and quality.

The plastics and rubber industries also play a crucial role in driving the isobutene market. With the escalating demand for durable and lightweight materials in packaging, construction, and consumer goods, the use of isobutene in producing butyl rubber and other specialized polymers has seen substantial growth. The development of advanced manufacturing processes and the rising trend of eco-friendly products have further accelerated the adoption of isobutene in these industries. The compound's properties, such as high impermeability and resistance to chemical reactions, make it invaluable in producing materials that meet stringent industry standards.

In terms of regional outlook, Asia Pacific dominates the isobutene market due to the rapid industrialization and urbanization in countries like China and India. The region’s burgeoning automotive and manufacturing sectors significantly contribute to the high demand for isobutene. Moreover, favorable government policies and investments in infrastructure projects have further boosted the market in this region. North America and Europe also hold substantial market shares, driven by technological advancements and a strong presence of key industry players. The steady economic growth in these regions, coupled with the demand for high-performance materials, continues to support the market expansion.

Product Type Analysis

The isobutene market can be segmented by product type into polymer grade and chemical grade. Polymer grade isobutene is predominantly used in the manufacturing of butyl rubber, which is essential for various industrial applications. The growing demand for high-performance rubber in the automotive and construction sectors is a key driver for this segment. Butyl rubber's unique properties, such as low permeability and flexibility, make it suitable for use in tire inner liners, adhesives, and sealants. The technological advancements in polymer production and the increasing trend towards lightweight and durable materials are further boosting the demand for polymer-grade isobutene.

Chemical grade isobutene, on the other hand, is primarily used in the synthesis of various chemicals, including methyl tert-butyl ether (MTBE) and butylated hydroxytoluene (BHT). MTBE is widely used as a gasoline additive to enhance fuel combustion efficiency and reduce emissions. The rising focus on fuel efficiency and environmental regulations has spurred the demand for MTBE, thereby driving the chemical grade isobutene market. Additionally, BHT, a derivative of isobutene, is extensively used as an antioxidant in food, pharmaceuticals, and cosmetics industries. The growing awareness about health and wellness and the increasing dema

The Isobutylene Market Report is Segmented by Product Type (Methyl Tert-Butyl Ether (MTBE) and Ethyl Tert-Butyl Ether (ETBE)), Application (Fuel Additives, Monomer for Butyl Rubber, and More), End-User Industry (Automotive, Aerospace, and More), and Geography (Asia-Pacific, North America, Europe, South America, Middle East and Africa). The Market Forecasts are Provided in Terms of Value (USD).

The global isobutene market size was over USD 31.26 billion in 2024 and is anticipated to cross USD 56.79 billion by 2037, witnessing more than 4.7% CAGR during the forecast period i.e., between 2025-2037. North America industry is anticipated to hold largest revenue share of 47.5% by 2037, led by rapid advancements in the pharma and aerospace sectors.

The global Isobutene market size reached USD 26.19 Billion in 2021 and is expected to reach USD 39.60 Billion in 2030 registering a CAGR of 4.6%. Isobutene industry report classifies global market by share, trend, growth and based on product, application, and region

Global Bio-Isobutene Market was valued at USD 75.34 Million in 2023 and is expected to reach USD 130.46 Million by 2029 with a CAGR of 9.54% during the forecast period.

The global isobutene market is projected to reach a value of 3,794.8 million by 2033, exhibiting a CAGR of 4.3% during the forecast period (2023-2033). The market's growth is attributed to the rising demand for isobutene-based products such as butyl rubber, methyl methacrylate (MMA), and polyisobutylene (PIB) in various end-use industries, including automotive, construction, and packaging. The growing adoption of isobutene as a feedstock for the production of high-performance polymers, such as polybutylene terephthalate (PBT) and polybutylene napthalate (PBN), is also contributing to the market expansion. The market is characterized by the presence of established players like LyondellBasell, TPC Group, Exxon Mobil, and Evonik. Regional variations exist in market dynamics, with Asia-Pacific and North America expected to remain key regions for isobutene consumption. The report provides insights into the competitive landscape, supply chain analysis, and challenges faced by market participants. Environmental regulations and the availability of alternative feedstocks pose potential restraints to market growth, while technological advancements and the development of new applications are expected to create opportunities in the future. The report offers a comprehensive analysis of the market, helping stakeholders make informed decisions and identify growth opportunities.

The global Contained Isobutylene market was valued at USD 29 billion in 2023, and it is forecast to register a CAGR of 1.4% during 2024-2034 to cross USD 34 billion by end of forecast period.

The global Bio-Isobutene market size was USD 26.54 Billion in 2020 and is expected to reach USD 34.68 Billion in 2028 and register a CAGR of 3.3%. Bio-Isobutene industry report classifies global market by share, trend, and based on product type, application, and region.

Get key insights from Market Research Intellect's Renewable Isobutene Market Report, valued at USD 1.2 billion in 2024, and forecast to grow to USD 3.5 billion by 2033, with a CAGR of 15.8% (2026-2033).

The size of the Isobutylene market was valued at USD XX Million in 2023 and is projected to reach USD XXX Million by 2032, with an expected CAGR of > 4.00% during the forecast period.Isobutylene, also called 2-methylpropene, is a colorless gas which is highly flammable, and it exhibits a characteristic odor. The chemical intermediate is of extreme significance in the manufacturing of myriad industrial and consumer goods. It's very reactive, thus polymerization as well as alkylation reactions easily take place upon it.The main use of isobutylene is in producing butyl rubber. This rubber synthetic is valued for superior heat, oxidation, and abrasion resistance. Butyl rubber is extensively used as the inner liners and tube lining in the automobile industries. Several other industrial products have applications: seal, gaskets, hoses, etc.Another significant application of isobutylene is in the manufacture of methyl tert-butyl ether (MTBE), high-octane gasoline additive, thereby improving fuel efficiency and decreasing its emissions. Isobutylene is also used in many other chemical products like the production of polyisobutene, isoprene, and tertiary butyl alcohol used industrially in adhesives, lubricants, etc., and pharmaceuticals also. Recent developments include: March 2023: Butadiene LLP chose BASF's butadiene extraction and Lummus Technology, a provider of process technology and value-driven energy solutions, for units at the company's new petrochemical facility in Atyrau, Kazakhstan. Once completed, the units will upgrade a mixed butanes feed to produce 85,000 MTA of isobutylene, 40,000 MTA of methyl tert-butyl ether (MTBE), and 120,000 MTA of butadiene. These products will support Butadiene LLP's new synthetic rubber production facility and the Kazakhstan transportation fuels market., March 2022: OMV received ISCC PLUS certification for producing renewable chemicals that include benzene, butadiene, and isobutylene at the Burghausen Refinery.. Key drivers for this market are: High Demand For Isobutylene From The Aerospace And Automotive Industry, Other Drivers. Potential restraints include: The Availability of Alternative Substitutes, Other Restraints. Notable trends are: Increasing Demand from Aerospace Sector.

Iso-octene (Di-isobutylene) Market Outlook

As per our latest research, the global Iso-octene (Di-isobutylene) market size reached USD 1.32 billion in 2024, demonstrating robust momentum driven by increasing demand across automotive, chemical, and oil & gas sectors. The market is anticipated to expand at a CAGR of 4.9% from 2025 to 2033, with the forecasted market size expected to attain USD 2.01 billion by 2033. This growth trajectory is primarily underpinned by the rising adoption of iso-octene as a high-performance fuel additive and an essential chemical intermediate in various industrial applications.

The escalating demand for high-octane fuel additives, particularly in the automotive industry, is a significant growth factor for the iso-octene (di-isobutylene) market. With global vehicle production and sales continuing to climb, especially in emerging economies, the need for cleaner and more efficient fuels has become paramount. Iso-octene’s ability to enhance fuel performance, reduce engine knocking, and comply with stringent emission regulations has made it a preferred choice among fuel manufacturers. Additionally, the trend toward adopting advanced fuel formulations to meet Euro 6 and similar emission standards is expected to further bolster market growth. This shift is not only evident in developed regions but is also gaining traction in rapidly industrializing nations where vehicular emissions are a growing concern.

Another pivotal growth driver is the expanding application of iso-octene as a chemical intermediate in the synthesis of various downstream products such as lubricants, surfactants, and specialty chemicals. The chemical industry’s ongoing innovation to develop high-performance materials and additives has led to a surge in demand for high-purity iso-octene. The compound’s unique molecular structure enables it to serve as a versatile building block in polymerization and other chemical processes, thereby supporting the development of advanced polymers and specialty chemicals. This versatility has positioned iso-octene as an indispensable raw material in the portfolios of leading chemical manufacturers, further propelling market growth.

The increasing focus on sustainable and efficient industrial processes is also fueling the demand for iso-octene across various end-use industries. In the oil & gas sector, iso-octene is utilized in the formulation of lubricants and other performance-enhancing additives, contributing to improved machinery efficiency and reduced maintenance costs. The pharmaceutical industry, though a smaller segment, is witnessing growing interest in iso-octene for specific synthesis pathways, underscoring the compound’s adaptability. Moreover, ongoing research and development activities aimed at discovering novel applications for iso-octene are expected to unlock new growth avenues, making this market highly dynamic and innovation-driven.

Regionally, Asia Pacific remains the dominant market for iso-octene (di-isobutylene), accounting for the largest share in 2024. This dominance is attributed to the region’s thriving automotive and chemical manufacturing sectors, coupled with a rapidly expanding oil & gas industry. North America and Europe also represent significant markets, driven by stringent environmental regulations and a strong focus on fuel efficiency. Meanwhile, Latin America and the Middle East & Africa are emerging as high-potential regions, supported by industrialization and infrastructural development. The interplay of these regional dynamics ensures a balanced and sustained growth outlook for the global iso-octene market over the next decade.

Product Type Analysis

The iso-octene (di-isobutylene) market is segmented by product type into High Purity Iso-octene and Technical Grade Iso-octene, each catering to distinct industrial requirements. High purity iso-octene is predominantly utilized in applications where stringent quality stan

The global isobutene market is experiencing steady growth, projected to reach a value of $5.392 billion in 2025, exhibiting a Compound Annual Growth Rate (CAGR) of 4.2% from 2025 to 2033. This growth is driven primarily by the increasing demand for isobutene's key derivatives, particularly butyl rubber used extensively in tire manufacturing and in other applications requiring high elasticity and resilience. The expanding automotive industry, coupled with the growing demand for high-performance tires globally, significantly fuels this market segment. Furthermore, the use of isobutene in the production of methyl tertiary butyl ether (MTBE), a crucial gasoline additive, continues to contribute to market expansion, although this segment is subject to regulatory considerations and environmental concerns in some regions. The tert-butyl alcohol (TBA) segment is also experiencing robust growth due to its increasing application in the chemical industry as an intermediate for various products. Strategic partnerships and investments by major players like LyondellBasell, ExxonMobil, and others are contributing to improved production efficiency and the expansion of global production capacity. However, fluctuations in crude oil prices, a key raw material in isobutene production, and the emergence of substitute materials pose challenges to consistent market growth. Regional variations exist, with North America and Asia Pacific currently dominating the market share, although emerging economies in other regions are expected to show increased demand in the coming years. The competitive landscape is characterized by a mix of large multinational corporations and regional players. Companies such as LyondellBasell, ExxonMobil, and TPC Group hold significant market share due to their established production capabilities and extensive distribution networks. However, the presence of regional players in key markets like China and India signifies growing opportunities for localized production and distribution. The overall market is expected to witness further consolidation through mergers and acquisitions, as companies strive to optimize their production efficiency and expand their market reach. Innovation in production processes, focused on enhancing yield and reducing environmental impact, will play a critical role in shaping the future trajectory of this market. Research and development efforts into the utilization of isobutene in emerging applications will also contribute to diversifying the market and driving further expansion.

Global Isobutene market size 2025 was XX Million. Isobutene Industry compound annual growth rate (CAGR) will be XX% from 2025 till 2033.

Isobutylene Market Outlook

The global isobutylene market size was valued at approximately USD 2.5 billion in 2023 and is projected to grow to USD 4.3 billion by 2032, driven by a compound annual growth rate (CAGR) of 6.1%. This significant growth can be attributed to rising demand in various industrial applications, technological advancements in production processes, and expanding end-user industries. The increasing application of isobutylene in the automotive and pharmaceutical sectors is a key growth factor, along with its critical role in the production of high-octane gasoline, butyl rubber, and various chemicals.

A major growth factor driving the isobutylene market is the surge in demand from the automotive sector. Isobutylene is a vital component in the production of butyl rubber, which is extensively used in tire manufacturing due to its excellent impermeability to gases. With the automotive industry focusing on fuel efficiency and emissions reduction, the demand for high-performance tires, which rely heavily on butyl rubber, is expected to rise. Moreover, the increase in vehicle production and sales in emerging economies is further propelling the demand for isobutylene.

The pharmaceutical industry also presents significant growth opportunities for the isobutylene market. Isobutylene is utilized as a raw material in the synthesis of various active pharmaceutical ingredients (APIs) and intermediates. Its use in the production of antioxidant vitamins such as Vitamin E, and other pharmaceuticals is increasing, driven by rising healthcare expenditures and growing health awareness among consumers. Additionally, the continued development of novel drug formulations and increasing investments in pharmaceutical R&D further bolster the demand for isobutylene.

Technological advancements in the production processes of isobutylene are another crucial growth factor. The development of innovative production methods, such as catalytic dehydrogenation and bio-based isobutylene production technologies, are not only enhancing production efficiency but also reducing environmental impact. These advancements are making the production of isobutylene more sustainable and cost-effective, thereby increasing its adoption across various industries. Furthermore, strategic collaborations and investments in research and development are expected to yield more efficient and eco-friendly production techniques in the near future.

Regionally, Asia Pacific dominates the isobutylene market, accounting for a significant share of the global demand. The rapid industrialization and urbanization in countries such as China and India are major contributors to this growth. North America and Europe are also substantial markets due to the presence of established automotive and pharmaceutical industries. In contrast, the Middle East & Africa and Latin America are expected to witness moderate growth due to their developing industrial landscapes and improving economic conditions. The diverse regional demand underscores the global significance of isobutylene across various applications and industries.

Product Type Analysis

The isobutylene market can be segmented by product type into polymer grade and chemical grade. Polymer grade isobutylene is primarily used in the production of butyl rubber, which finds extensive applications in the automotive industry. The impermeability to gases and excellent vibration damping properties of butyl rubber make it ideal for tire manufacturing. The increasing production of vehicles globally, especially in emerging economies, is driving the demand for polymer grade isobutylene. Additionally, advancements in tire technology and the shift towards high-performance and eco-friendly tires further boost the demand for this grade of isobutylene.

Chemical grade isobutylene, on the other hand, is used as a feedstock in the production of a wide range of chemicals including methyl tert-butyl ether (MTBE), an additive used to enhance the octane rating of gasoline. The demand for high-octane gasoline is increasing globally due to stringent fuel quality regulations aimed at reducing emissions. This is driving the demand for chemical grade isobutylene. Furthermore, chemical grade isobutylene is also used in the synthesis of antioxidants, plasticizers, and other industrial chemicals, thereby contributing to its market growth.

Another significant application of chemical grade isobutylene is in the pharmaceutical industry. It serves as a key intermediate in the production of various pharmaceuticals and vitamins, such as Vitamin E. The growing ph

The global Isobutene market size was valued at USD 674.52 million in 2022 and is projected to grow at a CAGR of 5.20% from 2023 to 2029, reaching USD 913.10 million by 2029. The growth of the market is attributed to the increasing demand for isobutene as a feedstock for the production of alkylate gasoline, which is a high-octane fuel used in the automotive industry. Isobutene is also used in the production of adhesives, sealants, and coatings. The Asia Pacific region is expected to be the largest market for isobutene, followed by North America and Europe. The growth in the Asia Pacific region is driven by the increasing demand for alkylate gasoline in China and India. The growth in North America is driven by the increasing demand for isobutene in the production of adhesives and sealants. The growth in Europe is driven by the increasing demand for isobutene in the production of coatings. Key drivers for this market are: Growing application. Potential restraints include: Increase investments Growing R&D. Notable trends are: The growing use of isobutylene is driving the market growth.