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Methyl Tertiary Butyl Ether (MTBE) Market Analysis 2022 With Top Leaders, Size, Share, Growth, Technical Industry Vision Throughout the World till 2027

The Methyl Tertiary Butyl Ether (MTBE) Market report provides the size of Methyl Tertiary Butyl Ether (MTBE) industry and its CAGR and forecasts till 2027. report will give the user confidence to make the correct business decisions based on a detailed analysis of the Methyl Tertiary Butyl Ether (MTBE) market trends for the coming five years

The “Methyl Tertiary Butyl Ether (MTBE) Market” expected to grow considerably in the forecast period 2022- 2027. The Research report sheds light on Leading Players details with best facts and figures, meaning, definition, SWOT analysis, expert opinions and growth of Methyl Tertiary Butyl Ether (MTBE) industry in upcoming years. Leading companies of Methyl Tertiary Butyl Ether (MTBE) Market are: , … The report provides key statistics on the market status of the leading Methyl Tertiary Butyl Ether (MTBE) market Trends, share and opportunities in the market.

The global methyl tertiary butyl ether (MTBE) market is expected to register a CAGR of 2.85% during the forecast period, 2021 – 2027. Methyl Tertiary Butyl Ether (MTBE) is a colorless, volatile, flammable liquid, which is used as fuel component. MTBE offers good blending properties and reduces the content of formaldehyde and benzene in gasoline. Other applications of MTBE include the use as solvents, extractant, and an intermediate in the production of methyl methacrylate (MMA).

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Company Coverage: –

– China Petrochemical Corporation (SINOPEC)

– CNPC

– Emirates National Oil Company

– Eni S.p.A

– Enterprise Products Partners L.P.

– Evonik Industries AG

– Formosa Plastic Group

– Huntsman Corporation

– LyondollBasell Industries

– Oxeno Antewerpen

– Panjin Hayen Industrial Group

– Pemex

– Petroliam Nasional Berhad (Petronas)

– Reliance Industries Ltd.

– Saudi Basic Industries Corporation (SABIC)

– SIBUR

– Zhenhai Refining and Chemical

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Market Players Competitor Analysis:

Demand for use as an Anti-knocking Agent and as an Octane Booster

The major driver for MTBE market is its application as gasoline additive, where it is used as anti-knocking agent and an octane booster in the fuel for gasoline engines. Due to its lower cost and effectiveness, MTBE is preferred over others. MBTE finds application as a solvent and forms azeotropes with methanol and water. Though MTBE is banned in many developed countries including, United States, Canada, Japan, and parts of Europe, however, the consumption remained steady in developing countries, such as China, Mexico, and some parts of Middle East. MTBE ranks second in most widely used gasoline additive in the world. In addition, MTBE represent an affordable substitute for toxic fuel components, such as olefins, lead, benzene and sulfur.

Automotive Sector is expected to have the Highest Growth

Fuel oxygenates do not naturally occur in gasoline. Instead, they are added to increase gasoline’s oxygen content. By increasing gasoline’s oxygen content, the gasoline burns better, thereby lowering harmful emissions from vehicles and reducing pollution. With the automotive industry growing all over the globe the use of MTBE is expected to increase over the years. Nearly all MTBE products are used as additives in unleaded gasoline to increase octane levels and reduce carbon monoxide emissions.

Asia-Pacific Dominates the Market

Geographically, Asia-Pacific market occupied the largest share in MTBE consumption. The widespread availability of MTBE as a cheap feedstock, coupled with it being an attractive substitute to aromatics in gasoline, is driving the Asia-Pacific market. In 2016, China was estimated to be the largest market for MTBE in Asia-Pacific and also globally, primarily due to the high demand from automotive industry and its use as gasoline additives. China and India are the major consumers of MTBE in this region. The Middle East market is likely to exhibit steady demand for MTBE in upcoming years due to increased gasoline quality requirements in this region

Key Developments

March 2021: Three petroleum giants have agreed to pay the state of New Jersey USD196.5 million to resolve their liability in a pollution case caused by a gasoline additive known as methyl tertiary butyl ether (MTBE)

June 2017: LyondellBasell announced the final investment decision to build the world’s largest propylene oxide (PO) and tertiary butylalco.(TBA) plant in the Houston area, Texas, where TBA will be converted to two ether-based oxyfuels, methyl tertiary butyl ether (MTBE) and ethyl tertiary butyl ether (ETBE)

Major Players: SINOPEC, Huntsman Corporation, Emirates National Oil Company, Evonik Industries AG, and Reliance Industries Ltd., amongst others.

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Reasons to Purchase this Report:

  • To examine the increased usage of Methyl Tertiary Butyl Ether (MTBE) in Industry that affect the global market scenario
  • Analyze various perspectives of the market with the help of Porter’s five forces analysis
  • To know the modality and application that are expected to dominate the market
  • To know the regions that are expected to witness fastest growth during the forecast period
  • Identify the latest developments, market shares, and strategies employed by major market players

Customization of the Report:

  • This report can be customized to meet your requirements. Please connect with our representative, who will ensure you get a report that suits your needs.

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Regional Analysis: –

– North America

– Asia-Pacific

– Europe

– South America

– Africa

Some Major Points from TOC: –

1. Introduction
1.1 Research Phases
1.2 Study Deliverables
1.3 Scope of the Report
2. Executive Summary
3. Market Insights
3.1 Industry Value Chain Analysis
3.2 Industry Attractiveness Porter’s Five Forces Analysis
3.2.1 Bargaining Power of Suppliers
3.2.2 Bargaining Power of Consumers
3.2.3 Threat of New Entrants
3.2.4 Threat of Substitute Products and Services
3.2.5 Degree of Competition
3.3 Feedstock Analysis
3.3.1 Global Capacity by Key Feedstock
3.3.2 Trends
3.4 Technological Snapshot
3.4.1 Production Process
3.4.2 Technology Licensing and Patent Analysis
3.5 Price Index
3.6 Regulatory Policy Analysis
4. Market Dynamics
4.1 Drivers
4.1.1 Demand for Use as an Anti-knocking Agent and as an Octane booster in the fuel for gasoline engines
4.1.2 Use in Production of Pure Isobutene
4.2 Restraints
4.2.1 Availability of Substitutes, like Ethanol and Ethyl Tertiary Butyl Ether
4.2.2 Classification as a Pollutant and the Consequent Ban of its use in gasoline blending in United States and Canada
4.3 Opportunities
4.3.1 Innovation in Bio-based MTBE for Gasoline
4.3.2 Other Opportunities
5. Market Segmentation and Analysis (Market Size, Share, and Forecast)
5.1 By Application
5.1.1 Gasoline Additive
5.1.2 Isobutene
5.1.3 Solvent and Extractant
5.1.4 Others (Methyl Methacrylate, Polyisobutylene, Butyl rubber)
5.2 By End-user Industry
5.2.1 Automotive
5.2.2 Electronics
5.2.3 Others
6. Regional Market Analysis (Market Size, Share, and Forecast)
6.1 Asia-Pacific
6.1.1 China
6.1.2 India
6.1.3 Japan
6.1.4 South Korea
6.1.5 Rest of Asia-Pacific
6.2 North America
6.2.1 United States
6.2.2 Canada
6.2.3 Mexico
6.2.4 Rest of North America
6.3 Europe
6.3.1 Germany
6.3.2 United Kingdom
6.3.3 Italy
6.3.4 France
6.3.5 Rest of Europe
6.4 South America
6.4.1 Brazil
6.4.2 Argentina
6.4.3 Rest of South America
6.5 Middle East and Africa
6.5.1 Saudi Arabia
6.5.2 South Africa
6.5.3 Rest of Middle East and Africa
7. Future of the Market
8. Competitive Landscape
8.1 Mergers and Acquisitions, Joint Ventures, Collaborations, and Agreements
8.2 Market Share Analysis**
8.3 Strategies Adopted by Leading Players
9. Company Profiles (Overview, Financials**, Products and Services, Recent Developments)
9.1 China Petrochemical Corporation (SINOPEC)
9.2 CNPC
9.3 Emirates National Oil Company
9.4 Eni S.p.A
9.5 Enterprise Products Partners L.P.
9.6 Evonik Industries AG
9.7 Formosa Plastic Group
9.8 Huntsman Corporation
9.9 LyondollBasell Industries
9.10 Oxeno Antewerpen
9.11 Panjin Hayen Industrial Group
9.12 Pemex
9.13 Petroliam Nasional Berhad (Petronas)
9.14 Reliance Industries Ltd.
9.15 Saudi Basic Industries Corporation (SABIC)
9.16 SIBUR
9.17 Zhenhai Refining and Chemical
*List not exhaustive
10. Disclaimer
**Subject to availability on public domainAAAA

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