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Octane Market By Compounds (Ethanol, Methyl Tertiary-Butyl Ether (MTBE), Ethyl Tertiary-Butyl Ether (ETBE), Methanol), By Applications (Fuel & Fuel Additives) - Growth, Share, Opportunities & Competitive Analysis, 2016 - 2022

Octane is an alkane and hydrocarbon with formula C8H18 and structural formula CH3(CH2)6CH3. It has many isomers which are also known as structural isomers which differentiate from each other by the amount and location of branching in the carbon chain. Isooctane is usually used as a standard value in the octane rating scale. Octane is colloquially used as a short term for octane rating which is one among the characteristic of octane’s branched chain isomers which include isooctane. The octane rating was originally determined by mixing a gasoline which is made entirely of heptane and 2,2,4-trimethylpentane which is one among the highly branched octane. Based on compounds the global octane market is segmented into ethanol, Methyl Tertiary-Butyl Ether (MTBE), Ethyl Tertiary-Butyl Ether (ETBE) and methanol. Among these, ethanol accounted for major share of global octane market in 2015 and is expected to increase in the near future. Ethanol can run at much higher exhaust gas recirculation rate with higher compression ratios. It has a higher octane rating as compared to petrol which created very fine particulates. The higher the octane rating of fuel the more it is resistant to knocking. Hence, high demand is reported for ethanol in the market. MTBE, ETBE and methanol are also projected to boost high demand for octane in the near future. Fuel and fuel additives accounted as the major application of octane and is expected to increase in the near future. Other applications such as paints & coatings are also anticipated to boost high demand for octane during the forecast period.

Octane market was valued at US$ 53.1 Bn in 2015 and is expected to reach US$ 77.2 Bn by 2022, growing at a CAGR of 5.5% during the forecast period 2016-2021.

Octane Market

Purpose of the Report

The purpose of this strategic research study titled “Global Octane Market - Growth, Share, Opportunities, and Competitive Analysis, 2016 – 2022” is to provide company executives, industry investors, and industry participants with in-depth insights to enable them make informed strategic decisions regarding the opportunities in the global octane market.

Target Audience

  • Industry Investors
  • Octane Providers/Vendors
  • Research Professionals
  • Emerging Companies
  • Raw Material Suppliers/ Buyers
  • Product Suppliers/ Buyers
  • Research Institutes

USP and Key Offerings

The report titled “Global Octane Market - Growth, Share, Opportunities, and Competitive Analysis, 2016 – 2022” offers strategic insights into the global octane market along with the market size and estimates for the duration 2016 to 2022. The said research study covers in-depth analysis of multiple market segments based on applications, functions and cross-sectional study across different geographies. In order to help strategic decision makers, the report also includes competitive profiling of the leading octane vendors, their expansion strategies, market positioning, and latest developments. Other in-depth analyses provided in the report include:

  • Current and future market trends to justify the forthcoming attractive markets within octane industry
  • Market fuelers, market impediments, and their impact on the market growth
  • In-depth competitive environment analysis
  • Trailing 2-Year market size data (2014 – 2015)
  • SRC (Segment-Region-Country) Analysis

Overall, the research study provides a holistic view of the global octane market, of growth, offering market size and estimates for the period from 2016 to 2022, keeping in mind the above mentioned factors.

On the basis of geography, the global octane market is segmented into following categories,

  • North Americ
    • U.S.
    • Canada
  • Europe
    • France
    • Germany
    • UK
    • Rest of Europe
  • Asia Pacific
    • China
    • India
    • Japan
    • Rest of Asia Pacific
  • Middle East & Africa
  • Latin America

 Octane Market

North America accounted for the largest share of global octane market in 2015. It accounted for more than 51% revenue share of global octane market and is expected to increase in the near future. Growing demand for environment friendly fuel is the major factor promoting growth of octane in the region. High consumption and demand for automobiles in the region, especially from the developed countries like U.S. has led to high demand for environment friendly fuel, thereby generating high demand for octane in the market. Asia Pacific accounted as the second largest and fastest growing region for global octane market in 2015 and is anticipated to retain market position in the near future. High demand for luxury cars from the developing countries such as India and China has led to high growth of global octane market in the region. Europe followed Asia Pacific in terms of demand for octane and is expected to experience moderate growth in the coming years. Other regions such as Latin America and Middle East & Africa are also projected to contribute to the growth of global octane market during the forecast period from 2016 to 2022.

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Published Date:  Jul 2016
Category:  Chemicals
Report ID:   58000
Report Format:   PDF
Pages:   120
Rating:    4.5 (65)
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