MRFR

  The global   2 Methylpropene Market  has witnessed substantial growth in recent years, driven by its extensive applications in various industries. Commonly known as isobutylene, 2-methylpropene is a hydrocarbon used primarily in the production of high-performance materials, including synthetic rubber, fuel additives, and plastics. With its wide-ranging utility, the market has garnered significant attention from key industry players. In 2022, the market size for 2 methylpropene was estimated at  USD 11.48 billion , and it is expected to grow to  USD 14.5 billion by 2032 , registering a steady compound annual growth rate ( CAGR ) of  2.37%  during the forecast period (2024–2032). This growth reflects the rising demand across automotive, construction, and packaging industries, as well as increasing technological advancements in chemical manufacturing. Market Drivers 1. Expanding Automotive Industry The automotive sector is a major consumer of 2 methylpr...