Isoamylene Market Foreseen To Grow Exponentially Over 2019 - 2029
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.
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.
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Isoamylene Market - Scope of Report:
A latest publication by Fact.MR on the global Isoamylene market evaluates the opportunities and current market landscape, and provides detailed analysis and updates about corresponding sections affecting the market.
The study offers detailed insights on key market dynamics, which include the drivers, restraints, trends, and opportunities in the market.
The principal aim of the study is to present exclusive information about how the market will perform during the forecast period of 2019-2029.
Important indicators for the successful growth of the Isoamylene market are presented in this comprehensive report, which include Year-on-Year (Y-o-Y) growth analysis of the market, and compounded annual growth rate (CAGR), which are described in an exhaustive way in Fact.MR's study.
This research study can support readers to know the demand for Isoamylene supplements, and the quantitative development opportunities during the study period.
The research is beneficial for shareholders in Isoamylene, including investors, manufacturers, service providers, distributors, and suppliers, and can help them in developing suitable business strategies to flourish in the market.
Insights and wisdom presented in this Fact.MR study can be leveraged by shareholders in the market, industry experts, investors, researchers, and reporters, as well as business enthusiasts.
Positive Investment Flows to Expand Product Portfolio and Research & Development Initiatives of Stakeholders
A positive flow of investments from pharmaceutical giants is likely to propel the development of Isoamylene and compounds. For instance, in year 2019, Ginkgo Bioworks, Inc. raised funds of more than US$$ 350 Mn through investments from several investors for the development of Isoamylene. This has helped them increase production capacity.
Market leaders in Isoamylene such as Noramco, Inc. CannBioRx Life Sciences, Hyasynth Biologicals, Inc. etc are developing Isoamylene through novel techniques of synthesis. Moreover, these companies are shifting their focus on research and development of molecules through development of strains of microbes and yeast for biosynthesis of Isoamylene.
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Report benefits & key questions answered
• Post covid consumer spending on Isoamylene: the report also highlights the change in the buying behavior of consumers and shifts in purchasing power, post covid-19. This information will assist the businesses to plan their production and marketing strategies.
• Isoamylene demand outlook: the market intelligence study reports highlights the factor propelling the demand for Isoamylene. As per the study, the demand for Isoamylene will grow through 2029.
• Isoamylene historical volume analysis: fact.mr survey report provides insights into the sales registered over the last forecast year 2016 to 2020 and create estimates regarding the sales performance for 2019-2029.
• Isoamylene consumption by demographics: the report provides consumption by demographics analysis to assist the market players in designing their expansion strategies on the basis of consumption pattern of the customers.
Isoamylene Market Segmentations:
Based on the application, the global isoamylene Market is segmented as:
Flavor & Fragrance
Hot melt adhesives
Based on the region, the isoamylene market is segmented as:
South Asia & Oceania
Middle East & Africa (MEA)
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