Huge Demand for Polymer Antioxidants And Flavor & Fragrance Across The Globe To Spur Global Isoamylene Market

Isoamylene Market: Introduction

Isoamylene, also known as 2-methyl-2-butene, is a colorless and flammable liquid that falls under the class of unsaturated hydrocarbons. It is used in the production of chemicals and chemicals intermediates and serves a wide range of applications that include flavors and fragrance, pesticides, UV stabilizers, hot melt adhesives, pharmaceutical, and many more.

It has very low density and insoluble in water. Commercially, it is prepared by treating isoprene and C5 fractionate which is found via naphtha cracking of crude oil. It has wide range of applications in the fragrance industry, as it is prominently used in the synthesis of fragrance chemicals.

Request for Sample here – https://www.factmr.com/connectus/sample?flag=S&rep_id=5057

Besides, it also finds vast application in formulations in peroxides and polymer antioxidants. Pure isoamylene (99%) is used in the production of agricultural products and resins. Due to the growing demand from end-use industries, the market for isoamylene is expected to grow at a fast pace over the forecast period. The isoamylene market is likely to boost with a higher single-digit CAGR over the forecast period of 2019-2029.

Isoamylene Market: Dynamics

Global isoamylene market is growing rapidly due to the huge demand for polymer antioxidants and flavor & fragrance across the globe. Flavor & fragrance holds one-third of global isoamylene consumption and is widely used in the production of fragrance chemicals.

Collaboration between the prominent market players and the research centers and universities to develop advance products based on isoamylene has also led to the market’s growth. Also, manufacturers are focusing on the expansion of isoamylene production to maintain a horizontal supply-demand gap. Moreover, niche applications such as pharmaceutical and UV stabilizers are anticipated to be the key factor for the growth of isoamylene consumption over the coming years.

However, isoamylene being highly volatile and flammable, the manufacturers face difficulties in storage and handling, which adds up to overall cost of the product. This fact along with tight supply of isoamylene tend to hamper the market growth over the long term forecast.

Request for Customization – https://www.factmr.com/connectus/sample?flag=RC&rep_id=5057

Isoamylene Market: Regional Outlook

Global isoamylene market is divided into six regions including North America, Latin America, Europe, South Asia & Oceania, East Asia, and MEA. Among the regions mentioned above, East Asia accounts for around one-third of the global isoamylene market owing to presence of key manufacturers and escalating industrialization in the region. In addition, steadily rising agriculture and pharmaceutical industries also tend to provide an upswing to the regional isoamylene market.

On the other hand, Europe has witnessed significant growth over the forecast period due to vast flavor & fragrance industry and enormous growth in downstream industries in the region. Latin America is expected to have a swift growth in global isoamylene market due to increase in demand for specialty chemicals, growing automotive industry in Mexico and establishment of manufacturing units in the region.

Moreover, North America is expected to witness moderate growth over the forecast period and showcase a similar trend as of Europe. South Asia & Oceania region is anticipated to grow at a fast pace as the manufacturers are shifting towards low cost manufacturing countries. India and Indonesia would be the two lucrative countries within isoamylene market. Middle East & Africa is expected to have a single-digit growth in the global isoamylene market.

Isoamylene Market: Market stakeholders

Key market stakeholders in the global Isoamylene market are Jinhai Chengguang, Zibo Liantan Chemical, Biesterfeld AG, Sunny Industrial System GmbH, Shanghai Petrochemical Company, INEOS Oligomers, Shandong Yuhuang Chemical, Chevron Phillips Chemical. The isoamylene market consists of well-diversified global and regional players with the global vendors ruling the market.

Pre-Purchase Enquiry – https://www.factmr.com/connectus/sample?flag=EB&rep_id=5057

Isoamylene Market: Segmentation

Based on the application, the global isoamylene Market is segmented as:

  • Pesticides
  • Pharmaceutical
  • Catalyst
  • Flavor & Fragrance
  • UV stabilizer
  • Hot melt adhesives
  • Anti-oxidants
  • Others

Based on the region, the isoamylene market is segmented as:

  • North America
  • Latin America
  • Europe
  • East Asia
  • South Asia & Oceania
  • Middle East & Africa (MEA)

Read More Trending Reports of Fact.MR-

https://www.einpresswire.com/article/557298123/demand-for-independent-front-suspension-is-estimated-to-remain-high-owing-to-the-system-of-better-handling-stability

Why choose Fact.MR?

Reports published by Fact.MR are a result of the combination of our experts and digital technologies. We thrive to provide innovative business solutions to the clients as well as tailor the reports aligning with the clients’ requisites. Our analysts perform comprehensive research to offer ins and outs of the current market situation. Clients across various time zones tend to utilize our 24/7 service availability.

Explore Fact.MR’s Coverage on the Chemicals and Materials Domain:

Bio-succinic Acid Market – https://www.factmr.com/report/5405/biosuccinic-acid-market

Surge Suppression IC Market – https://www.factmr.com/report/surge-suppression-ic-market

Liquid Propellants Market – https://www.factmr.com/report/Liquid-Propellants-Market

About Fact.MR

Market research and consulting agency with a difference! That’s why 80% of Fortune 1,000 companies trust us for making their most critical decisions. We have offices in US and Dublin, whereas our global headquarter is in Dubai. While our experienced consultants employ the latest technologies to extract hard-to-find insights, we believe our USP is the trust clients have on our expertise. Spanning a wide range – from automotive & industry 4.0 to healthcare & retail, our coverage is expansive, but we ensure even the most niche categories are analyzed. Reach out to us with your goals, and we’ll be an able research partner.

Contact:

Japan Sales Office
Neha Bhosle, 4-1-1 Nakano,
9F Nakano Sunplaza
Tokyo, 164-8512
Japan
E: [email protected]

Leave a Comment

%d bloggers like this: