
Isooctane Market By Product Type (Gasoline Blending, Organic Synthesis) By Application (Organic Solvent, Diluent) and Region - Global Forecast 2026
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11th October 2018
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The global isooctane market is estimated to value at approximately US$ 99 Bn in 2019, and is expected to register a CAGR of 2.1%. The report offers in-depth insights, revenue details, and other vital information regarding the global isooctane market and the various trends, drivers, restraints, opportunities, and threats in the target market till 2028. The global isooctane market is segmented on the basis of product type, application, and region/country.
Global Isooctane Market: Introduction
Isooctane is used as anti-knocking agents in fuel additives applications owing to its higher octane rating. Gasoline is a liquid mixture of aliphatic hydrocarbons, which is derived from fractional distillation of petroleum. Fractional distillation of petroleum is combined with additives such as isooctane and aromatic hydrocarbons as it helps to boost the octane rating of gasoline and prevents engines from ‘knocking’.
Global Isooctane Market: Dynamics
Growing usage of isooctane as an anti-knocking additives in gasoline is a major factor driving growth of the global isooctane market. These compounds are added to improve quality and efficiency of fuels, and are commonly used in gasoline engines. In addition, additives are added in fuel to increase knock resistance and help to prevent air-fuel mixture from self-igniting while in the engines.
Growing preference for isooctane additives over methyl tert-butyl ether (MTBE) is another factor supporting growth of the target market. Methyl tert-butyl ether, which is an organic compound with volatile, flammable, and colorless liquid is responsible for considerable soil and groundwater contamination. Increasing conversion of methyl tert-butyl ether facilities to isooctane production facilities in order to prevent groundwater contamination is another factor fueling growth of the global market.
Increasing use of renewable sources such as bio-isobutene for production of isooctane additives is another factor anticipated fuel growth of the global isooctane market in the near future. In addition, isooctane manufacturing companies also increasing production of these renewable sources in order to reduce harmful impact on environment caused by emission is a factor supporting growth of the target market.
However, growing adoption of electrical vehicles is a major factor anticipated to restrain growth of the global isooctane market in the near future. Additionally, increasing number of government initiatives to encourage usage of electric vehicles to reduced dependency on fossil fuels is another factor that could affect growth of the target market.
Moreover, use of economical bio-isooctane will unable refiners to blend higher amounts of isooctane in their gasoline products is another factor expected to boost growth of the global market in the near future. In addition, growing adoption of isooctane by major players in the market is a factor anticipated to propel growth of the target market.
Global Isooctane Market Analysis, by Product Type:
Currently, among the product type segments, the gasoline blending segment is expected to account for major market share in terms of revenue, and is expected to maintain its dominance over the forecast period. Moreover, the gasoline blending segment is expected to register highest CAGR of over 2% in the global market over the forecast period.
Gasoline blending helps to improve efficiency of gasoline as a fuel in the engine and is a factor supporting revenue growth of the gasoline blending segment in the global market.
Global Isooctane Market Analysis, by application:
Currently, the diluent segment dominates the global market in terms of revenue and is expected to register CAGR of over 2% over the forecast period. The organic solvent segment is projected to register a moderately higher growth over the forecast period, owing to growing adoption of organic solvents in cleaning agents, coatings, polishes, spot removers, detergents and in various chemical synthesis and other processes.
Furthermore, growing adoption of diluent as a form of paint thinner and remover in different sectors is expected to fuel revenue growth of this segment in the global isooctane market over the forecast period.
Global Isooctane Market Analysis, by Region/Country:
Market in North America dominates the global market in terms of revenue and expected to maintain its dominance in the near future, followed by markets in China and Europe.
Market in China accounts for second-highest share in terms of revenue in the global market. Stringent government regulations and growing focus on reduction of carbon emission are major factors expected to drive growth of the isooctane market in this region. In addition, increasing number of government initiatives to reduce gasoline use and carbon footprint is a factor expected to support growth of the market.
Market in Europe is expected to register moderate growth rate around 2.2% in terms of revenue over the forecast period. Increasing investment in R&D activities and presence of major manufacturers in counties in this region and growing adoption of isooctane as a fuel additive are factors expected to support growth of the market in the Europe market. Growing government initiatives through continuously improvement in exhaust standards for heavy and light duty vehicles is also a factor anticipated to propel growth of the isooctane market in this region.
Middle East and Africa market is expected to register lucrative growth in terms of revenue and register a CAGR of over 2.5% over the forecast period. Increasing demand for paints and related products, owing to growing construction activities is a factor driving growth of the isooctane market in this region. In addition, increasing demand for isooctane by major pain production companies is another factor supporting growth of the global market in Middle East and Africa region.
The market in South America is expected to register a CAGR of over 5% over the forecast period. Increasing demand for isooctane as a clean fuel additives and stringent government regulations regarding environmental pollution are factors propelling growth of the isooctane market in South America region. In addition, high vehicle production and regulation regarding air pollution in countries are factors supporting growth of the target market in this region.
Global Isooctane Market Segmentation:
Segmentation on the Basis of Product Type:
- Gasoline Blending
- Organic Synthesis
- Others (Cleaning Agent, Intermediates etc.)
Segmentation on the Basis of Application:
- Organic Solvent
- Diluent
- Others (Industrial Paints & Coatings, Textile Etc.)
Segmentation on the Basis of Region/Country:
- North America
- Europe
- China
- Japan
- Middle East & Africa
- India
- South America
- Rest of the World
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- Exxon Mobil Corporation
- Royal Dutch Shell plc
- British Petroleum Company PLC (BP plc.)
- DowDuPont Inc.
- Petróleos de Venezuela, S.A
- Petróleo Brasileiro S.A.
- Valero Energy Corporation
- Chevron Corporation
- Kuwait National Petroleum Company (KNPC)
- Eni S.p.A.
- National Iranian Oil Company
- JTF International Holdings Ltd.
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- 1 Chapter 1
- 1.1 Preface
- 1.2 Assumptions
- 1.3 Abbreviations
- 2 Chapter 2
- 2.1 Report Description
- 2.1.1 Market Definition and Scope
- 2.2 Executive Summary
- 2.2.1 Product Information
- 2.2.2 Market Snapshot, By Product Type
- 2.2.3 Market Snapshot, By Application
- 2.2.4 Market Snapshot, By Region/Country
- 2.2.5 Prudour Opportunity Map Analysis
- 2.1 Report Description
- 3 Chapter 3
- 3.0.1 Global Isooctane Market Dynamics
- 3.0.2 Drivers (D)
- 3.0.3 Restraints (R)
- 3.0.4 Opportunities
- 3.0.5 Trends
- 3.0.6 DR Impact Analysis
- 3.0.7 PEST Analysis
- 3.0.8 PORTER’S Five Forces Analysis
- 3.0.9 Industry News
- 3.0.10 Industry Policies
- 3.0.11 Raw Material Suppliers
- 3.0.12 Manufacturing Base of Key Market Players
- 3.0.13 Labor Cost Analysis
- 3.0.14 Supply Chain Analysis
- 3.0.15 Downstream Buyer List
- 3.0.16 Distributors/suppliers List
- 3.0.17 Regulatory Information
- 3.0.18 World Class Emissions Standards
- 3.0.19 Proposed Clean Fuel and Vehicle Groups, Countries, and Next Policy Steps
- 3.0.20 Selected Gasoline Parameters
- 3.0.21 Manufacturing Cost Structure
- 3.0.22 Global Oil Production
- 3.0.23 Global Oil Consumption
- 3.0.24 Global Motor Gasoline Consumption
- 4 Chapter 4
- 4.0.1 Global Isooctane Market Analysis, by Product Type
- 4.0.2 Overview
- 4.0.3 Segment Trends
- 4.0.4 Market Value (US$ Mn) and Forecast, 2013–2028
- 4.0.5 Market Volume and Forecast (Mn barrels), 2017–2027
- 4.1 Gasoline Blending
- 4.1.1 Overview
- 4.1.2 Market Value (US$ Mn) and Forecast, and Y-o-Y Growth, 2013–2028
- 4.2 Organic Synthesis
- 4.2.1 Overview
- 4.2.2 Market Value (US$ Mn) and Forecast, and Y-o-Y Growth, 2013–2028
- 4.3 Others
- 4.3.1 Overview
- 4.3.2 Market Value (US$ Mn) and Forecast, and Y-o-Y Growth, 2013–2028
- 5 Chapter 5
- 5.0.1 Global Isooctane Market Analysis, by Application
- 5.0.2 Overview
- 5.0.3 Segment Trends
- 5.0.4 Market Value (US$ Mn) and Forecast, 2013–2028
- 5.0.5 Market Volume and Forecast (Mn barrels), 2017–2027
- 5.1 Organic Solvent
- 5.1.1 Overview
- 5.1.2 Market Value (US$ Mn) and Forecast, and Y-o-Y Growth, 2013–2028
- 5.2 Diluent
- 5.2.1 Overview
- 5.3 Others
- 5.3.1 Overview
- 5.3.2 Market Value (US$ Mn) and Forecast, and Y-o-Y Growth, 2013–2028
- 6 Chapter 6
- 6.0.1 Global Isooctane Market Analysis, by Region/Country
- 6.0.4 Market Attractiveness Index
- 6.0.5 Global Isooctane Average Selling Pricing Analysis, 2013–2028
- 6.0.6 Overview
- 6.0.7 Regional Trends
- 6.0.8 Market Value (US$ Mn) and Forecast, 2013–2028
- 6.0.9 Market Volume and Forecast (Mn barrels), 2017–2027
- 6.1 Global Isooctane Market Analysis, by North America
- 6.1.1 Overview
- 6.1.2 SWOT Analysis
- 6.1.3 Market Value (US$ Mn) and Forecast, and Y-o-Y Growth, 2013–2028
- 6.2 Global Isooctane Market Analysis, by Europe
- 6.2.1 Overview
- 6.2.2 SWOT Analysis
- 6.2.3 Market Value (US$ Mn) and Forecast, and Y-o-Y Growth, 2013–2028
- 6.3 Global Isooctane Market Analysis, by China
- 6.3.1 Overview
- 6.3.2 SWOT Analysis
- 6.3.3 Market Value (US$ Mn) and Forecast, and Y-o-Y Growth, 2013–2028
- 6.4 Global Isooctane Market Analysis, by Japan
- 6.4.1 Overview
- 6.4.2 SWOT Analysis
- 6.4.3 Market Value (US$ Mn) and Forecast, and Y-o-Y Growth, 2013–2028
- 6.5 Global Isooctane Market Analysis, by India
- 6.5.1 Overview
- 6.5.2 SWOT Analysis
- 6.5.3 Market Value (US$ Mn) and Forecast, and Y-o-Y Growth, 2013–2028
- 6.6 Global Isooctane Market Analysis, by South America
- 6.6.1 Overview
- 6.6.2 SWOT Analysis
- 6.6.3 Market Value (US$ Mn) and Forecast, and Y-o-Y Growth, 2013–2028
- 6.7 Global Isooctane Market Analysis, by Middle East & Africa
- 6.7.1 Overview
- 6.7.2 SWOT Analysis
- 6.7.3 Market Value (US$ Mn) and Forecast, and Y-o-Y Growth, 2013–2028
- 6.8 Global Isooctane Market Analysis, by Rest of the World
- 6.8.1 Overview
- 6.8.2 SWOT Analysis
- 6.8.3 Market Value (US$ Mn) and Forecast, and Y-o-Y Growth, 2013–2028
- 7 Chapter 7
- 7.0.1 Company Profile
- 7.1 Exxon Mobil Corporation
- 7.1.1 Company Overview
- 7.1.2 Product Portfolio
- 7.1.3 Financial Overview
- 7.1.4 Contact Information
- 7.2 Royal Dutch Shell PLC
- 7.2.1 Company Overview
- 7.2.2 Product Portfolio
- 7.2.3 Contact Information
- 7.3 British Petroleum Company PLC
- 7.3.1 Company Overview
- 7.3.2 Product Portfolio
- 7.3.3 Financial Information
- 7.3.4 Contact Information
- 7.4 DowDuPont Inc.
- 7.4.1 Company Overview
- 7.4.2 Product Portfolio
- 7.4.3 Financial Overview
- 7.4.6 Contact Information
- 7.5 Petróleos de Venezuela, S.A.
- 7.5.1 Company Overview
- 7.5.2 Product Portfolio
- 7.5.3 Contact Information
- 7.6 Petróleo Brasileiro S.A.
- 7.6.1 Company Overview
- 7.6.2 Product Portfolio
- 7.6.3 Company Location
- 7.6.4 Contact Information
- 7.7 Valero Energy Corporation
- 7.7.1 Company Overview
- 7.7.2 Product Portfolio
- 7.7.3 Contact Information
- 7.8 Chevron Corporation
- 7.8.1 Company Overview
- 7.8.2 Product Portfolio
- 7.8.3 Contact Information
- 7.9 Kuwait National Petroleum Company (KNPC)
- 7.9.1 Company Overview
- 7.9.2 Product Portfolio
- 7.9.3 Financial Overview
- 7.9.4 Contact Information
- 7.1 Eni S.p.A.
- 7.10.1 Company Overview
- 7.10.2 Product Portfolio
- 7.10.3 Contact Information
- 7.11 National Iranian Oil Company
- 7.11.1 Company Overview
- 7.11.2 Product Portfolio
- 7.11.3 Contact Information
- 7.12 National Iranian Oil Company
- 7.12.1 Company Overview
- 7.12.2 Product Portfolio
- 7.12.3 Contact Information
- 7.13 JTF International Holdings Ltd.
- 7.13.1 Company Overview
- 7.13.2 Product Portfolio
- 7.13.3 Contact Information
- 8 Chapter 8
- 8.0.1 Research Methodology
- 8.0.2 About Us
- 1 Chapter 1
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