Isobutylene mentions being a colorless, flammable gas with a very foul odor, which is likened to the smell of coal gas and is extensively utilized in the production of high-octane aviation gasoline and the process of organic synthesis. According to BlueQuark Research & Consulting, the global Isobutylene market is expected to witness a significant growth rate during the forecasted period. Factors likely to improve fuel efficiency, lessen carbon emission, and boost the octane number influenced the growing demand for the Isobutylene market in the aerospace industry in the forecasted period. Further, in simple terms, Polybutylene is butyl rubber used to produce tires and other synthetic products. Thus, increasing demand for butyl rubber will likely drive the demand for Isobutylene in the forecasted period. Furthermore, the product segment of the isobutylene market is segmented into methyl tert-butyl ether & ethyl tert-butyl ether is expected to enhance the market growth of Isobutylene in the forecasted period. However, the expected factors that hinder global market growth in the forecasted period are fluctuations in the cost of the raw materials & risk associated with their toxic properties.

Isobutylene derivatives are used in aerospace, automotive, pharmaceuticals, & other sectors. It is also helpful for various niche applications, such as wires & cables, compression packaging, & electrical insulation.

The Aerospace industry is the prime user of Isobutylene and is projected to drive the Isobutylene market. High demand for Isobutylene from various end-user industries, such as aerospace & aviation, is likely to support the growth of the global Isobutene market in the forecasted period. Isobutylene is more adaptable than hydrogen and is ideal for use as a gasoline additive & injectable fuel. High costs & pollution are plaguing the world, and isobutene's ability to act as a renewable fuel is impressive. Isobutene on alkylation with butane develops isooctane, which is substantially worn as a fuel additive in aviation fuel. The civil aviation industry, in particular, is observing significant expansion due to factors such as liberalization in trade activities, declining fares, opening up economies for foreign direct investment, & advancement in information technology. Engine manufacturers of aircraft recommend a particular type of oil for use in different application areas such as engine usage, engine design, climate, and location. The growing importance of regional connectivity, along with rapid urbanization, has supported the growth of the aviation industry. Isobutene or Isobutylene is mainly used in making Polybutylene, i.e., butyl rubber, and it offers an intermediate agent for the manufacturing operation of methyl tert-butyl ether. The high purity isobutylene market is predicted to be driven by its copious use in masterbatches, compounding, hot melt adhesives, and plastic packaging. Furthermore, Isobutylene is also helpful for various niche applications, such as wires and cables, compression packaging, and electrical insulation. The broad scope of application is estimated to bolster the growth of the global isobutylene market in the coming years. According to the International Air Transports Association (IATA), the air transports fleet will grow to include 39,000 aircraft by 2027, making way for the Isobutylene market's growth. Engine manufacturers of aircraft recommend a specific type of oil for use in different application areas such as engine usage, climate, engine design, and location. The rising importance of regional connectivity, along with rapid urbanization, has supported the growth of the aerospace industry over the past couple of decades.

North America dominated the Isobutylene market globally, with the most significant consumption from the countries. The usage of rubber is prevalent across various industries, including transportation, garments, pharmaceutical, and others. Compared to natural rubber, synthetic rubber is much more thermally stable & compatible with petroleum products due to constituents including chemical compounds such as isobutene, chloroprene, & others. Consumers are increasingly becoming confident & choosing to purchase individual cars while flavoring luxurious modals & these factors are expected to drive MTBE consumption in rubber tires, tubes, & other automotive components. Isobutylene is a highly versatile gas & is used as a fuel additive, intermediate in butyl rubber & cosmetics, chemicals, and others. Typically the nature of the product, gas permeability & excellent resistance to weather, water, chemical, and heat remain vital influencing factors for use in the production of butyl rubber. Manufacturers are targeted towards identifying & leveraging white spaces in the applications of Isobutylene, ranging from cosmetics & pharmaceuticals to chemical lubricants MTBE & ETBE are most used as octane improvers. In contrast, the remainder is used in producing high purity isobutylene, and its rapid expansion of the fuel industry is thus anticipated to work to the advantage of isobutylene manufacturers. As a hydrocarbon of industrial significance, the chemical's broad application scope ranges across automotive, aerospace, and pharmaceutical industries. It is manufactured during the fractionation of refinery gases and using catalytic cracking of methyl tert-butyl ether. The global isobutene market is to witness significant growth due to its use in numerous applications, ranging from fuel additives and polymers to agriculture. Bio-based alternatives also overcome sustainability issues associated with isobutene and its derivatives in the market. Various governments are also promoting these developments by providing incentives and tax benefits for producing isobutene from renewable resources. Isobutylene is a highly versatile gas used as a fuel additive, intermediate in butyl rubber, cosmetics, chemicals, and others. With the efficacy to act as an antioxidant, additive, intermediate and feedstock, Isobutylene remains a material of choice among manufacturers in numerous industries. Increasing demand for Isobutylene in producing antioxidants, fragrances, and gas odorization products is set to boost the market growth during the forecast period.

The market players are LyondellBasell, ExxonMobil Chemical, TPC Group, Sumitomo Chemical, Evonik Industries, and Honeywell.

In February 2020, Reliance Industries Ltd. began a joint venture with Sibur to set up a Butyl Rubber Plant in Jamnagar, India. 

The Global Isobutylene Market report provides deep insight into the Industrial market's current and future state across various regions. The study comprehensively analyses the Isobutylene market by segmenting based on Product Type (Methyl Tert-Butyl Ether, Ethyl Tert-Butyl Ether), End-use Industry (Aerospace, Automotive, Rubber, Pharmaceuticals, Others). The report examines the market drivers and restraints and the impact of Covid-19 on the market growth in detail. The study covers and includes emerging market trends, development, opportunities, and challenges in the industry. This report also covers extensively researched competitive landscape sections with prominent companies and profiles, including their market shares and projects.