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.
The global methyl tertiary butyl ether market is segmented on the basis of the manufacturing process, application, and region. Based on the manufacturing process, the MTBE market has been further segmented into a steam cracker, fluid liquid cracker, and others. Others include dehydrogenation and dehydration. Fluid liquid cracker and steam cracker are the most commonly used manufacturing processes as these are refinery based processes and are much simpler than the other two processes, which are dehydration and dehydrogenation.
Scope of the Report:
This research report categorizes the methyl tertiary butyl ether market based on the manufacturing process, application, and region, and forecasts revenue growth and analysis of trends in each of the submarkets.
By Manufacturing Process:
- Steam Cracker
- Fluid Liquid Cracker
- Others
By Application:
- Gasoline
- Others
By Region
- North America
- Europe
- APAC
- Middle East & Africa (ME&A)
- Latin America
Available Customizations
With the given market data, MarketsandMarkets offers customizations according to the company’s specific needs. The following customization options are available for the report:
Product Analysis
- Product matrix, which gives a detailed comparison of the product portfolio of each company
Regional Analysis
- Further breakdown of the North America methyl tertiary butyl ether market
- Further breakdown of the Europe MTBE market
- Further breakdown of the APAC methyl tertiary butyl ether market
- Further breakdown of the Middle East & Africa MTBE market
- Further breakdown of the Latin America methyl tertiary butyl ether market
Company Information
- Detailed analysis and profiles of additional market players
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In terms of volume, the APAC region MTBE market is projected to grow at the highest CAGR between 2017 and 2022, due to the increased demand for gasoline in the region. This is a result of rapid economic expansion and an increase in foreign direct investment in countries, such as China and South Korea, the MTBE market is expected to grow significantly during the next five years. Most of the countries in the APAC region are emerging and cannot afford costly oxygenates, such as Ethanol and ETBE, due to which there are no restrictions on blending MTBE with gasoline in the region. Some of the world’s largest MTBE producers, such as Sinopec (China), China National Petroleum Corporation (China), and Petronas (Malaysia) are headquartered in the APAC region. China is the largest consumer of MTBE and also has the highest production capacity in the world.
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