Tag Archives: Methyl Tertiary Butyl Ether Market

APAC is the key region in Methyl Tertiary Butyl Ether Market

****** methyl tertiary butyl ether (MTBE) market is projected to reach USD 18.99 Billion by 2022, at a CAGR of 4.8%. The use of MTBE as oxygenate is rising rapidly in Asian and Middle Eastern & African countries due to environmental restrictions to curb air pollution.

Major applications in the MTBE market are gasoline and others. Others include high purity isobutene and medical intermediates. Gasoline is the largest application of MTBE, in terms of value. MTBE has been used in gasoline since 1979 due to environmental and health concerns. The use of MTBE as gasoline additive mainly started with the replacement of metallic additives, such as lead and Methylcyclopentadienyl Manganese Tricarbonyl (MMT). The significant volume of MTBE consumption in gasoline is driving the demand for MTBE in the gasoline application. Rapidly increasing vehicle fleets especially in emerging economies and increasing urbanization is driving the demand for MTBE in the gasoline segment.

Methyl Tertiary-Butyl Ether Market Volume Forecast and Value Chain Analysis 2017 to 2026

According to recent Fact.MR study, the Methyl Tertiary-Butyl Ether market will grow at 4.7% during 2017-2026 period. According to a recent analytical research report developed by Fact.MR, the ****** methyl tertiary-butyl ether (MTBE) market will exhibit a value CAGR of 4.7% between the forecast period, 2017 and 2026. Volume sales of MTBE across the globe are estimated to exceed 35,000 thousand tons by 2026-end. The Fact.MR study largely attributes the projected growth to technological advancements in manufacturing techniques, and rising demand for products in the sector.

An Expert Perspective

Growing Demand From APAC Countries- Methyl Tertiary Butyl Ether Market

The Methyl Tertiary Butyl Ether (MTBE) market is projected to reach USD 18.99 billion by 2022 from 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 emerging economies.

Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=12328028

Agreements, Acquisitions & Joint Ventures are the Key Strategies Adopted by Leading Players in Methyl Tertiary Butyl Ether Market

Methyl Tertiary Butyl Ether (MTBE) is extensively used in gasoline, as it enables reduction in the knocking effect that leads to inefficient burning and engine damage in gasoline engines.

Major companies offering MTBE are majorly involved in expansions and acquisitions to strengthen their positions in the MTBE market. These market players have adopted expansions as their major strategy to expand their ****** reach. Some companies concentrated more on the agreements and joint ventures strategy between 2013 and 2017.