DUBLIN--(BUSINESS WIRE)--The "Methyl Tertiary Butyl Ether Market by Manufacturing Process (Steam Cracker, Fluid Liquid Cracker), Application (Gasoline), and Region (North America, Europe, APAC, Latin America, Middle East & Africa) - Global Forecast to 2022" report has been added to ResearchAndMarkets.com's offering.
The global 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% between 2017 and 2022.
The growing demand for MTBE for gasoline blending, especially from China, Singapore, South Korea, and other countries in the APAC is a major factor fueling the growth of the global MTBE market. Due to rapid economic expansion and increase in foreign direct investments in countries, such as China and South Korea, the MTBE market is expected to witness significant growth during the next five years. The growing demand for MTBE from countries in the APAC is a major driver fueling the growth of the market. Replacement of MTBE by ethanol and ETBE is restraining the growth of the market.
China led the MTBE market in APAC, accounting for more than half of the demand for MTBE in the region in 2016. It is the largest consumer of MTBE and also has the highest production capacity in the world. The rapid growth of the industrial sector, which is supported by the country's aggressive policies to fund and drive demand, has resulted in healthy demand for MTBE in the country.
Various key players profiled in the report are as follows:
- SABIC (Saudi Arabia)
- Evonik (Germany)
- China National Petroleum Corporation (China)
- Huntsman International (US)
- Eni (Italy)
- Sinopec (China)
- LyondellBasell (Netherlands)
- Shell (Netherlands)
- Emirates National Oil Company (UAE)
- Qafac (Qatar)
Key Topics Covered:
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 MTBE Market, By Manufacturing Process
7 MTBE Market, By Application
8 Regional Analysis
9 Competitive Landscape
10 Company Profiles
- China National Petroleum Corporation
- Emirates National Oil Company
- Eni Spa
- Enterprise Product Partners L.P.
- Evonik Industries
- Exxon Mobil Corporation
- Formosa Plastics Corporation
- Huntsman International
- National Iranian Oil Company (Nioc)
- Other Key Players
- Panjin Heyun Industrial Group
- Reliance Industries Limited
- Royal Dutch Shell
- Shandong Dongming Petrochemical Group
- Yussen Chemical
For more information about this report visit https://www.researchandmarkets.com/research/qs55dh/global_methyl?w=4