2-Methylpropene Market

By Application;

Rubber Manufacturing, Pharmaceuticals, Fuel & Lubricant, Adhesives & Sealants, Antioxidants and Others

By Product;

Butyl Rubber, Poly Isobutylene, MMA Monomer, Isooctane, MTBE and Others

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa and Latin America - Report Timeline (2021 - 2031)
Report ID: Rn382472927 Published Date: September, 2025 Updated Date: October, 2025

2-Methylpropene Market Overview

2-Methylpropene Market (USD Million)

2-Methylpropene Market was valued at USD 40,374.25 million in the year 2024. The size of this market is expected to increase to USD 61,920.91 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 6.3%.


2-Methylpropene Market

*Market size in USD million

CAGR 6.3 %


Study Period2025 - 2031
Base Year2024
CAGR (%)6.3 %
Market Size (2024)USD 40,374.25 Million
Market Size (2031)USD 61,920.91 Million
Market ConcentrationMedium
Report Pages341
40,374.25
2024
61,920.91
2031

Major Players

  • LyondellBasell Industries N.V.
  • SABIC (Saudi Basic Industries Corporation)
  • ExxonMobil Chemical Company
  • Braskem S.A.
  • INEOS Group Limited
  • Reliance Industries Limited
  • Mitsubishi Chemical Corporation
  • Tosoh Corporation
  • Shell Chemicals
  • Eastman Chemical Company

Market Concentration

Consolidated - Market dominated by 1 - 5 major players

2-Methylpropene Market

Fragmented - Highly competitive market without dominant players



The 2-Methylpropene Market is experiencing steady momentum, largely due to its widespread role as a fundamental ingredient in chemical synthesis. Nearly 55% of the demand is generated by the polymer and plastic sectors, where it is vital for producing butyl rubber and polyisobutylene. Its versatility and adaptability make it a key driver of industrial applications.

Fuel Additives Driving Market Growth
A significant share of consumption is linked to the fuel industry, where 2-Methylpropene serves as a precursor for Methyl Tert-Butyl Ether (MTBE). Almost 40% of its usage is dedicated to this segment, underlining its importance in enhancing fuel performance through better octane ratings and reduced engine knocking. This demand continues to rise as industries focus on cleaner and more efficient fuel solutions.

Rising Pharmaceutical Applications
The pharmaceutical industry contributes nearly 20% to the global utilization of 2-Methylpropene, where it plays a central role in developing active pharmaceutical ingredients and drug intermediates. Its suitability for high-value medical formulations is fueling growth, supported by increasing research investments aimed at innovative healthcare solutions.

Advancements in Production Technologies
Recent progress in manufacturing processes has improved efficiency and sustainability in the production of 2-Methylpropene. Advanced catalytic technologies have increased conversion efficiency by more than 30%, resulting in cost reductions and improved scalability. These innovations are paving the way for broader adoption across multiple industries.

Promising Growth Outlook
The 2-Methylpropene market demonstrates strong potential, supported by its widespread applications in fuels, polymers, and pharmaceuticals. More than 60% of the market’s current advancements are tied to its expanding role across industries. With ongoing technological upgrades and rising industrial dependence, the market is well-positioned for long-term growth.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Product
    2. Market Snapshot, By Technology
    3. Market Snapshot, By Application
    4. Market Snapshot, By End-Use Industry
    5. Market Snapshot, By Region
  4. 2-Methylpropene Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Industrialization
        2. Technological Advancements
        3. Demand for High-Performance Materials
      2. Restraints
        1. Environmental Regulations
        2. Raw Material Costs
        3. Market Saturation
      3. Opportunities
        1. Emerging Economies
        2. Innovative Applications
        3. Sustainable Solutions
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. 2-Methylpropene Market, By Product, 2021 - 2031 (USD Million)
      1. Butyl Rubber
      2. Polyisobutylene
      3. MMA Monomer
      4. Isooctane
      5. MTBE
      6. Others
    2. 2-Methylpropene Market, By Technology, 2021 - 2031 (USD Million)

      1. Direct Oxidation

      2. Indirect Oxidation

      3. Others

    3. 2-Methylpropene Market, By Application, 2021 - 2031 (USD Million)
      1. Rubber Manufacturing
      2. Pharmaceuticals
      3. Fuel & Lubricants
      4. Adhesives & Sealants
      5. Antioxidants
      6. Agrochemicals
      7. Others
    4. 2-Methylpropene Market, By End-Use Industry, 2021 - 2031 (USD Million)

      1. Automotive

      2. Construction

      3. Packaging

      4. Consumer Products

      5. Others

    5. 2-Methylpropene Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. LyondellBasell Industries N.V.
      2. SABIC (Saudi Basic Industries Corporation)
      3. ExxonMobil Chemical Company
      4. Braskem S.A.
      5. INEOS Group Limited
      6. Reliance Industries Limited
      7. Mitsubishi Chemical Corporation
      8. Tosoh Corporation
      9. Shell Chemicals
      10. Eastman Chemical Company
  7. Analyst Views
  8. Future Outlook of the Market