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Methyl Tertiary Butyl Ether (MTBE) Market By Application (Gasoline, Isobutene, Solvent & Extractant, Others (MMA, Etc.) ) - Growth, Future Prospects And Competitive Analysis, 2017 - 2025

Methyl tertiary butyl ether (MTBE) is an organic compound with the structural formula (CH3)3COCH3. MTBE is manufactured by the chemical reaction of methanol and isobutylene. At room temperature, MTBE is a volatile, flammable, and colorless liquid that dissolves rather easily in water. Methyl tertiary butyl ether (MTBE) is used mainly as a blending agent in motor gasoline for its oxygen content and high octane value. The growing automotive industry in emerging economies such as China and India is expected to increase demand for MTBE. In addition, the growing demand for gasoline and gasoline additives in the oil and gas sectors is expected to augment demand for MTBE.

By application type, methyl tertiary butyl ether (MTBE) market segmentation includes gasoline, isobutene, solvent & extractant, and others (MMA, etc.). The market size and forecast of each application and product type are presented for the period 2015–2025, along with their respective CAGRs% for the forecast period 2017–20255.

The market size and forecast for the period 2015–2025, along with the CAGRs for the period 2017–2025 for the mentioned segments, are also presented in this study.Qualitative information sets such as market dynamics (drivers, challenges, and opportunities) and market inclination insights are provided in this market assessment report. Tools such as market competition analysis and attractive investment propositions are also included in this study for the assessment of the overall market competition. The report concludes with a company profiles section that highlights key information about the major market players operating in the global methyl tertiary butyl ether (MTBE) market.

China Petrochemical Corporation, Emirates National Oil Company, Eni S.p.A., Enterprise Products Partners L.P., Evonik Industries AG, Huntsman Corporation, LyondellBasell Industries, Panjin Hayen Industrial Group, Petroleum Nasional Berhad (PETRONAS), Reliance Industries Ltd., Saudi Basic Industries Corporation (SABIC), and Zhenhai Refining & Chemical are among the few key manufacturers in the methyl tertiary butyl ether (MTBE) market.

Purpose of the Report

The purpose of this strategic research study titled "Methyl Tertiary Butyl Ether (MTBE) Market: Growth, Opportunities, Share, and Competitive Analysis, 2017–2025" is to offer industry investors, company executives, and industry participants in-depth insights to enable them to make informed strategic decisions related to the opportunities in the methyl tertiary butyl ether (MTBE) market.

Target Audience

  • Industry Investors
  • Procurement Managers from End-User Companies
  • Methyl Tertiary Butyl Ether (MTBE) Manufacturers
  • Distributors

Based on applications, the methyl tertiary butyl ether (MTBE) market is categorized into the following segments:

  • Gasoline
  • Isobutene
  • Extractant and solvent
  • Others (MMA, etc.)

Among considered applications, the gasoline segment held the largest market share in 2016, accounting for more than 30% of the total demand for methyl tertiary butyl ether (MTBE), and is expected to maintain its dominance through the forecast period. It is one of a group of chemicals commonly known as "oxygenates" because they raise the oxygen content of gasoline. It is almost exclusively used as a fuel additive in motor gasoline. Oxygen helps gasoline burn more completely, reducing harmful tailpipe emissions from motor vehicles.

Methyl tertiary butyl ether (MTBE) is used in medical applications to dissolve gallstones. Methyl tertiary butyl ether (MTBE) is further processed to obtain isobutylene, which is used to manufacture butyl rubber, polyisobutylene, and methyl methacrylate (MMA). These chemicals are used in numerous end-use industries, such as industrial manufacturing, electronics, automotive, etc. Some of the other factors fueling the methyl tertiary butyl ether (MTBE) market's growth include rising demand for solvents, extractants, and other applications.

On the basis of geographical distribution, the global methyl tertiary butyl ether (MTBE) market is segmented into the following regional markets:

North America

  • U.S.
  • Canada

Europe

  • U.K.
  • Germany
  • France
  • Rest of Europe

Asia Pacific

  • China
  • India
  • Rest of Asia Pacific

Latin America

  • Brazil
  • Mexico
  • rest of Latin America

Middle East and Africa

  • GCC
  • Rest of the Middle East and Africa

In the base year 2016, Asia Pacific and Eastern Europe were the largest regional markets for methyl tertiary butyl ether (MTBE). China and India are potential markets for methyl tertiary butyl ether (MTBE) in the Asia Pacific over the next five to six years. Growing consumption of methyl tertiary butyl ether (MTBE) in various applications like gasoline, isobutene, solvents, and extractants, especially in China and India, along with commercialization measures for methyl tertiary butyl ether (MTBE) in various end-use industries, is likely to fuel the methyl tertiary butyl ether (MTBE) market growth. Also, the market is estimated to lose its share in developed regions to developing regions in the next few years.

The demand for methyl tertiary butyl ether (MTBE) from the European market comes from the rise in the demand for automotive and transportation fuels and the production of isobutene. Eastern Europe's methyl tertiary butyl ether (MTBE) market is expected to grow at a significant rate in the upcoming years.

Frequently Asked Questions:

The market for Methyl Tertiary Butyl Ether (MTBE) Market is expected to reach US$ XX Mn By 2025.

The Methyl Tertiary Butyl Ether (MTBE) Market is expected to see significant CAGR growth over the coming years, at 4.3%.

The report is forecasted from 2017-2025.

The base year of this report is 2016.

Emirates National Oil Company, Eni S.p.A., Enterprise Products Partners L.P., Evonik Industries AG, Huntsman Corporation, LyondellBasell Industries, Panjin Hayen Industrial Group, Petroleum Nasional Berhad (PETRONAS), Reliance Industries Ltd., Saudi Basic Industries Corporation (SABIC) are some of the major players in the global market.

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Trusted By
Godaddy
Published Date:  Sep 2017
Category:  Chemicals
Report ID:   58701
Report Format:   PDF
Pages:   120
Rating:    4.8 (70)
Delivery Time: 24 Hours to 48 Hours   
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