The Global 2-Methylpropene Market was valued at USD 23.48 Billion in 2022 and is projected to reach USD 30.16 Billion by 2030, growing at a Compound Annual Growth Rate (CAGR) of 3.6% during the forecast period (2022–2030). This growth is primarily driven by surging demand for butyl rubber in tire production, expansion of polymer manufacturing, and increasing applications across pharmaceuticals and lubricant industries.

As petrochemical companies shift toward specialized intermediates, 2-Methylpropene (commonly known as Isobutylene) has emerged as a crucial building block for high-value chemical derivatives. This report profiles the Top 10 Companies Dominating the 2-Methylpropene Market—global producers innovating across production technologies and application development.

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🔟 1. BASF SE

Headquarters: Ludwigshafen, Germany
Key Offering: Polymer-grade and chemical-grade Isobutylene

As the world’s largest chemical producer, BASF maintains significant 2-Methylpropene production capacity across its integrated petrochemical complexes in Europe and Asia. The company supplies high-purity isobutylene to downstream rubber and chemical manufacturers.

Production Innovations:

• World-class C4 processing technology with 99.9% purity output
• Strategic backward integration with refineries and steam crackers
• Developing bio-based isobutylene pathways

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9️⃣ 2. Evonik Industries

Headquarters: Essen, Germany
Key Offering: Specialty C4 derivatives and ultra-pure Isobutylene

Evonik operates advanced extraction units that recover 2-Methylpropene from refinery and cracker streams. The company supplies multiple industries including synthetic rubber, pharmaceuticals, and fuel additives.

Production Innovations:

• Leading producer of high-reactivity polyisobutylene
• Proprietary purification technologies for electronic-grade applications

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8️⃣ 3. LyondellBasell Industries

Headquarters: Houston, Texas, USA
Key Offering: Merchant Isobutylene for North American markets

This petrochemical giant leverages its massive olefins infrastructure to produce 2-Methylpropene through multiple pathways, serving both captive use and external customers.

Production Innovations:

• Integrated production with world-scale butyl rubber facilities
• Pioneering catalytic dehydrogenation technologies

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7️⃣ 4. TPC Group

Headquarters: Houston, Texas, USA
Key Offering: Pure and chemical-grade Isobutylene

TPC Group operates one of North America’s largest dedicated C4 processing facilities, producing high-purity 2-Methylpropene for rubber, lubricant, and specialty chemical applications.

Production Innovations:

• Exclusive isobutylene supplier to major U.S. butyl rubber plants
• Patented distillation and extraction processes

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2-Methylpropene Market – View in Detailed Research Report

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6️⃣ 5. Chevron Phillips Chemical

Headquarters: The Woodlands, Texas, USA
Key Offering: Polymer and chemical-grade Isobutylene

This joint venture between Chevron and Phillips 66 operates integrated C4 processing units that yield high-purity 2-Methylpropene for diverse industrial applications.

Production Innovations:

• Advanced separation technologies for high-purity products
• Strategic partnerships with rubber manufacturers

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5️⃣ 6. Songwon Industrial

Headquarters: Ulsan, South Korea
Key Offering: Specialty isobutylene derivatives

As Asia’s leading antioxidant producer, Songwon processes significant volumes of 2-Methylpropene into rubber additives and polymer stabilizers.

Production Innovations:

• Vertical integration into antioxidant manufacturing
• Specialty grades for high-performance applications

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4️⃣ 7. Sumitomo Chemical

Headquarters: Tokyo, Japan
Key Offering: High-purity isobutylene

Sumitomo operates advanced C4 separation units across Asia, supplying 2-Methylpropene to regional synthetic rubber and chemical producers.

Production Innovations:

• Integration with synthetic rubber production
• Capacity expansions in Southeast Asia

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3️⃣ 8. Zibo Qixiang Petrochemical

Headquarters: Shandong, China
Key Offering: MTBE-derived isobutylene

As China’s MTBE production leader, Zibo Qixiang extracts high-purity 2-Methylpropene via decomposition to supply domestic rubber and chemical industries.

Production Innovations:

• Major capacity expansions underway
• Strategic supplier to China’s automotive sector

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2️⃣ 9. Heilongjiang Anruijia Petrochemical

Headquarters: Heilongjiang, China
Key Offering: FCC-derived isobutylene

This Chinese producer operates specialized units recovering 2-Methylpropene from refinery streams, feeding regional synthetic rubber plants.

Production Innovations:

• Advanced purification technologies
• Growing presence in export markets

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1️⃣ 10. Shandong Yuhuang Chemical

Headquarters: Shandong, China
Key Offering: MTBE and refinery stream-derived isobutylene

Shandong Yuhuang has emerged as a major Chinese producer with integrated operations across multiple 2-Methylpropene production pathways.

Production Innovations:

• Efficient recovery from dilute streams
• Key supplier to China’s expanding chemical industry

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2-Methylpropene Market – View in Detailed Research Report

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🌍 Future Outlook: The Evolving 2-Methylpropene Landscape

The 2-Methylpropene market is undergoing transformation as producers develop novel pathways and applications for this versatile chemical intermediate.

📈 Key Market Trends:

• Growing butyl rubber demand from tire manufacturers
• Capacity expansions in Asia and Middle East
• Development of sustainable production methods
• Increasing purity requirements for specialty applications

Get Full Report Here:
2-Methylpropene Market – View in Detailed Research Report

These industry leaders are driving innovation across the 2-Methylpropene value chain—enhancing production efficiency, expanding capacity, and developing new applications for this essential petrochemical building block.