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Showing posts with the label 2-methylpropene Market Share

Growth to Sky Out as Automotive and Aviation Sectors Increasingly Requires 2-methylpropene, by 2024

The global market for   2-methylpropene   is led by established players such as BASF SE, Evonik Industries AG, Lyondell Basell Industries N.V., and TPC Group. Transparency Market Research notes that these players have, over the years, benefited from technical expertise and strong capabilities of producing 2-methylpropene and related products. Despite being a highly capital-intensive market, the threat of new entrants is projected to rise from a low to medium level during the course of the forecast period, increasing the degree of competition among the players. Establishing a strong distribution and sales network in order to expand their reach has proven to be a successful strategy for players in the 2-methylpropene market.  The global 2-methylpropene market is slated to exhibit a steady CAGR of 7.07% during the forecast period in terms of revenue. In view of this, the opportunity presented by this market is projected to rise from US$26.99 bn in 2015 to US$49.91 ...