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Methyl Tertiary Butyl Ether Market- Global forecast 2022 at at a CAGR of 4.8%

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Robin White
Methyl Tertiary Butyl Ether Market- Global forecast 2022 at at a CAGR of 4.8%

The Methyl Tertiary Butyl Ether (MTBE) market is projected to reach USD 18.99 Billion by 2022 from an estimated USD 14.99 Billion in 2017, at a CAGR of 4.8% from 2017 to 2022. Major factors fueling the growth of the MTBE market are the growing demand from the gasoline application, increasing demand for the MTBE oxygenate from the APAC region, and stringent environmental regulations in the emerging economies.

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The report “Methyl Tertiary Butyl Ether Market by Manufacturing Process, (Steam Cracker, Fluid Liquid Cracker), Application (Gasoline), and Region (North America, Europe, APAC, Latin America, Middle East & Africa). Browse 70 market data Tables and 37 Figures spread through 107 Pages and in-depth TOC .

Based on application, the gasoline segment is projected to lead the MTBE market during the forecast period

More than 90% MTBE is used for gasoline blending due to its high consumption in terms of volume. When used in gasoline engines, it enables reduction in the knocking effect that leads to inefficient burning and engine damage. MTBE has been used in gasoline since 1979 due to environmental and health concerns. The use of MTBE as gasoline additive started with the replacement of metallic additives, such as lead and Methylcyclopentadienyl Manganese Tricarbonyl (MMT). APAC is the largest consumer of MTBE for gasoline blending due to the expanding vehicle fleets and growing urbanization in the region.

Target audience

  • MTBE Manufacturers
  • Raw Material Suppliers
  • Distributors and Suppliers
  • End-use Industries
  • Industry Associations

Scope of the Report:

This research report categorizes the MTBE market based on manufacturing process, application, and region, and forecasts revenue growth and analysis of trends in each of the submarkets.

The market for MTBE has a diversified and established ecosystem of its upstream players, such as raw material suppliers and downstream stakeholders, such as manufacturers, vendors, end users, and government organizations. Most of the major players in the MTBE market have undertaken backward and forward integration to strengthen their positions in the market. Some of the MTBE manufacturers include SABIC (Saudi Arabia), Evonik (Germany), China National Petroleum Corporation (China), Huntsman International (US), Eni S.p.A (Italy), Sinopec (China), LyondellBasell (Netherlands), Shell (Netherlands), Emirates National Oil Company (UAE), and Qafac (QATAR).

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