Methyl Tertiary Butyl Ether Market
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Global methyl tertiary butyl ether (MTBE) market by manufacturing process<br />
application and region<br />
Global <strong>Methyl</strong> <strong>Tertiary</strong> <strong>Butyl</strong> <strong>Ether</strong> (MTBE) <strong>Market</strong> by<br />
Manufacturing Process Application And Region<br />
P a g e | 1 sales@marketresearchfuture.com Copyright © 2017 <strong>Market</strong> Research Future.
Global methyl tertiary butyl ether (MTBE) market by manufacturing process<br />
application and region<br />
<strong>Market</strong> Overview<br />
Global <strong>Methyl</strong> <strong>Tertiary</strong> <strong>Butyl</strong> <strong>Ether</strong> (MTBE) <strong>Market</strong>: Information by Manufacturing Process<br />
(Steam Cracker, Fluid Liquid Cracker, Dehydrogenation, Dehydration), Application (Gasoline<br />
Additive, Others), & Region (North America, Asia-Pacific)—Forecast till 2023<br />
<strong>Methyl</strong> <strong>Tertiary</strong> <strong>Butyl</strong> <strong>Ether</strong> (MTBE) is an organic compound that is highly flammable and<br />
volatile. It is manufactured by a chemical reaction of methanol with isobutylene. MTBE<br />
contains oxygen which, when added to gasoline, enhances the octane rating and helps in<br />
reducing emissions. MTBE also offers efficient blending properties and helps in the reducing<br />
the formation of benzene and formaldehyde in gasoline. MTBE is widely produced in refinerybased<br />
plants, however, significant capital is required for the same. According to MRFR<br />
analysis, the global methyl tertiary butyl ether (MTBE) market is projected to grow at a CAGR<br />
of over 5% during the forecast period. <strong>Market</strong> growth is driven by increasing product demand<br />
in the automotive industry as MTBE reduces vehicle emissions and the knocking of engines,<br />
thereby, increasing the shelf life of vehicles. Moreover, the growing demand for gasoline and<br />
gasoline additives in the marine and oil & gas industries is also positively contributing to the<br />
growth of the market. On the basis of manufacturing process, the fluid liquid cracker<br />
segment was the largest in 2017 and is expected to remain so during the forecast period.<br />
Fluid liquid cracker is an easy and cost-effective process, leading to its extensive use in the<br />
production of MTBE.<br />
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Key Players and Competition Analysis<br />
Some of the key players in the global methyl tertiary butyl ether (MTBE) market are Sabic<br />
(Saudi Arabia), Evonik Industries (Germany), China National Petroleum Corporation (China),<br />
Huntsman International (US), ENI (Italy), LyondellBasell (Netherlands), Royal Dutch Shell<br />
(Netherlands), Emirates National Oil Company (UAE), QAFAC (Qatar), Gazprom (Russia),<br />
Shandong Dongming Petrochemical Group (China), and Reliance Industries Limited (India).<br />
Segmentation Analysis<br />
The global methyl tertiary butyl ether (MTBE) market has been segmented by<br />
manufacturing process, application, and region. On the basis of manufacturing process, the<br />
market has been segregated into steam cracker, fluid liquid cracker, dehydrogenation, and<br />
dehydration. On the basis of application, the market has been segmented into gasoline<br />
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Global methyl tertiary butyl ether (MTBE) market by manufacturing process<br />
application and region<br />
additive and others. Based on region, the market has been segregated into North America,<br />
Europe, Asia-Pacific, Latin America, and the Middle East & Africa.<br />
Regional Analysis<br />
The market in Asia-Pacific is expected to be the largest and fastest-growing regional market.<br />
Increasing automobile production in the region is acting as a major driver for the growth of<br />
the market. Additionally, the rising awareness about pollution in the region has augmented<br />
the demand for MTBE in gasoline as it restricts the emission of harmful gases. China<br />
accounted for the highest production of MTBE in 2017; this is expected to continue during<br />
the forecast period. North America was the second-largest market in 2017 and is expected<br />
to maintain its dominance during the review period. The presence of a developed automotive<br />
industry and major MTBE manufacturing companies are contributing to the growth of the<br />
regional market. However, the increasing restrictions on the use of MTBE owing to<br />
environmental and health issues are expected to hinder market growth in the region. The<br />
markets in the Middle East & Africa and Latin America are projected to contribute<br />
substantially to the global market during the forecast period owing to the growing gasoline<br />
requirements in these regions. Moreover, lax regulations for the production of MTBE in the<br />
Middle East and Latin America is projected to positively impact market growth.<br />
Browse the market data and information spread across 100 pages with 47 data tables and<br />
12 figures of the report “Global methyl tertiary butyl ether (MTBE) market by<br />
manufacturing process application and region” in-depth alongside table of content<br />
(TOC) at: https://www.marketresearchfuture.com/reports/methyl-tertiary-butylether-market-6255<br />
P a g e | 3 sales@marketresearchfuture.com Copyright © 2017 <strong>Market</strong> Research Future.
Global methyl tertiary butyl ether (MTBE) market by manufacturing process<br />
application and region<br />
P a g e | 4 sales@marketresearchfuture.com Copyright © 2017 <strong>Market</strong> Research Future.
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