Methyl Tertiary Butyl Ether Market Research Report – Forecast to 2030

Methyl Tertiary Butyl Ether (MTBE) Market: Information by Manufacturing Process (Steam Cracker, Fluid Liquid Cracker, Dehydrogenation, Dehydration), Application (Gasoline Additive, Others) and Region (North America, Asia-Pacific) - Forecast till 2030

ID: MRFR/CnM/4794-HCR | February 2021 | Region: Global | 100 Pages         

TABLE OF CONTENTS

1 Executive Summary

2 Scope of the Report

2.1 Market Definition

2.2 Scope of the Study

2.2.1 Research Objectives

2.2.2 Assumptions & Limitations

2.3 Markets Structure

3 Market Research Methodology

3.1 Research Type

3.2 Secondary Research

3.3 Primary Research

3.4 Forecast Model

4 Market Landscape

4.1 Supply Chain Analysis

4.1.1 Raw Material Suppliers

4.1.2 Manufacturers/Producers

4.1.3 Distributors/Retailers/Wholesalers/E-Commerce

4.1.4 End-Users

4.2 Porter’s Five Forces Analysis

4.2.1 Threat of New Entrants

4.2.2 Bargaining Power of Buyers

4.2.3 Bargaining Power of Suppliers

4.2.4 Threat of Substitutes

4.2.5 Intensity of Competitive Rivalry

5 Market Dynamics of Global Methyl Tertiary Butyl Ether (MTBE) Market

5.1 Introduction

5.2 Drivers

5.3 Restraints

5.4 Opportunities

5.5 Challenges

5.6 Trends/Forms

6. Global Methyl Tertiary Butyl Ether (MTBE) Market, by Manufacturing Process

6.1 Introduction

6.2 Steam Cracker

6.2.1 Market Estimates & Forecast, 2020–2027

6.2.2 Market Estimates & Forecast, by Region, 2020–2027

6.3 Fluid Liquid Cracker

6.3.1 Market Estimates & Forecast, 2020–2027

` 6.3.2 Market Estimates & Forecast, by Region, 2020–2027

6.4 Dehydrogenation

6.4.1 Market Estimates & Forecast, 2020–2027

6.4.2 Market Estimates & Forecast, by Region, 2020–2027

6.5 Dehydration

6.5.1 Market Estimates & Forecast, 2020–2027

6.5.2 Market Estimates & Forecast, by Region, 2020–2027

7. Global Methyl Tertiary Butyl Ether (MTBE) Market, by Application

7.1 Introduction

7.2 Gasoline Additives

7.2.1 Market Estimates & Forecast, 2020–2027

7.2.2 Market Estimates & Forecast, by Region, 2020–2027

7.3 Others

7.3.1 Market Estimates & Forecast, 2020–2027

7.3.2 Market Estimates & Forecast, by Region, 2020–2027

8. Global Methyl Tertiary Butyl Ether (MTBE) Market, by Region

8.1 Introduction

8.2 North America

8.2.1 Market Estimates & Forecast, 2020–2027

8.2.2 Market Estimates & Forecast, by Manufacturing Process, 2020–2027

8.2.3 Market Estimates & Forecast, by Application, 2020–2027

8.2.5 US

8.2.5.1 Market Estimates & Forecast, 2020–2027

8.2.5.2 Market Estimates & Forecast, by Manufacturing Process, 2020–2027

8.2.5.3 Market Estimates & Forecast, by Application, 2020–2027

8.2.6 Canada

8.2.6.1 Market Estimates & Forecast, 2020–2027

8.2.6.2 Market Estimates & Forecast, by Manufacturing Process, 2020–2027

8.2.6.3 Market Estimates & Forecast, by Application, 2020–2027

8.3 Europe

8.3.1 Market Estimates & Forecast, 2020–2027

8.3.2 Market Estimates & Forecast, by Manufacturing Process, 2020–2027

8.3.3 Market Estimates & Forecast, by Application, 2020–2027

8.3.5 Germany

8.3.5.1 Market Estimates & Forecast, 2020–2027

8.3.5.2 Market Estimates & Forecast, by Manufacturing Process, 2020–2027

8.3.5.3 Market Estimates & Forecast, by Application, 2020–2027

8.3.6. France

8.3.6.1 Market Estimates & Forecast, 2020–2027

8.3.6.2 Market Estimates & Forecast, by Manufacturing Process, 2020–2027

8.3.6.3 Market Estimates & Forecast, by Application, 2020–2027

8.3.7 Italy

8.3.7.1 Market Estimates & Forecast, 2020–2027

8.3.7.2 Market Estimates & Forecast, by Manufacturing Process, 2020–2027

8.3.7.3 Market Estimates & Forecast, by Application, 2020–2027

8.3.8 Spain

8.3.8.1 Market Estimates & Forecast, 2020–2027

8.3.8.2 Market Estimates & Forecast, by Manufacturing Process, 2020–2027

8.3.8.3 Market Estimates & Forecast, by Application, 2020–2027

8.3.9 UK

8.3.9.1 Market Estimates & Forecast, 2020–2027

8.3.9.2 Market Estimates & Forecast, by Manufacturing Process, 2020–2027

8.3.9.3 Market Estimates & Forecast, by Application, 2020–2027

8.3.10 Russia

8.3.10.1 Market Estimates & Forecast, 2020–2027

8.3.10.2 Market Estimates & Forecast, by Manufacturing Process, 2020–2027

8.3.10.3 Market Estimates & Forecast, by Application, 2020–2027

8.3.11 Poland

8.3.11.1 Market Estimates & Forecast, 2020–2027

8.3.11.2 Market Estimates & Forecast, by Manufacturing Process, 2020–2027

8.3.11.3 Market Estimates & Forecast, by Application, 2020–2027

8.3.12 Rest of Europe

8.3.12.1 Market Estimates & Forecast, 2020–2027

8.3.12.2 Market Estimates & Forecast, by Manufacturing Process, 2020–2027

8.3.12.3 Market Estimates & Forecast, by Application, 2020–2027

8.4 Asia-Pacific

8.4.1 Market Estimates & Forecast, 2020–2027

8.4.2 Market Estimates & Forecast, by Manufacturing Process, 2020–2027

8.4.3 Market Estimates & Forecast, by Application, 2020–2027

8.4.5 China

8.4.5.1 Market Estimates & Forecast, 2020–2027

8.4.5.2 Market Estimates & Forecast, by Manufacturing Process, 2020–2027

8.4.5.3 Market Estimates & Forecast, by Application, 2020–2027

8.4.6 India

8.4.6.1 Market Estimates & Forecast, 2020–2027

8.4.6.2 Market Estimates & Forecast, by Manufacturing Process, 2020–2027

8.4.6.3 Market Estimates & Forecast, by Application, 2020–2027

8.4.7 Japan

8.4.7.1 Market Estimates & Forecast, 2020–2027

8.4.7.2 Market Estimates & Forecast, by Manufacturing Process, 2020–2027

8.4.7.3 Market Estimates & Forecast, by Application, 2020–2027

8.4.8 Australia & New Zealand

8.4.8.1 Market Estimates & Forecast, 2020–2027

8.4.8.2 Market Estimates & Forecast, by Manufacturing Process, 2020–2027

8.4.8.3 Market Estimates & Forecast, by Application, 2020–2027

8.4.9 Rest of Asia-Pacific

8.4.9.1 Market Estimates & Forecast, 2020–2027

8.4.9.2 Market Estimates & Forecast, by Manufacturing Process, 2020–2027

8.4.9.3 Market Estimates & Forecast, by Application, 2020–2027

8.5 Middle East & Africa

8.5.1 Market Estimates & Forecast, 2020–2027

8.5.2 Market Estimates & Forecast, by Manufacturing Process, 2020–2027

8.5.3 Market Estimates & Forecast, by Application, 2020–2027

8.5.5 GCC

8.5.5.1 Market Estimates & Forecast, 2020–2027

8.5.5.2 Market Estimates & Forecast, by Manufacturing Process, 2020–2027

8.5.5.3 Market Estimates & Forecast, by Application, 2020–2027

8.5.6 Israel

8.5.6.1 Market Estimates & Forecast, 2020–2027

8.5.6.2 Market Estimates & Forecast, by Manufacturing Process, 2020–2027

8.5.6.3 Market Estimates & Forecast, by Application, 2020–2027

8.5.7 North Africa

8.5.7.1 Market Estimates & Forecast, 2020–2027

8.5.7.2 Market Estimates & Forecast, by Manufacturing Process, 2020–2027

8.5.7.3 Market Estimates & Forecast, by Application, 2020–2027

8.5.8 Turkey

8.5.8.1 Market Estimates & Forecast, 2020–2027

8.5.8.2 Market Estimates & Forecast, by Manufacturing Process, 2020–2027

8.5.8.3 Market Estimates & Forecast, by Application, 2020–2027

8.5.9 Rest of the Middle East & Africa

8.5.9.1 Market Estimates & Forecast, 2020–2027

8.5.9.2 Market Estimates & Forecast, by Manufacturing Process, 2020–2027

8.5.9.3 Market Estimates & Forecast, by Application, 2020–2027

8.6 Latin America

8.6.1 Market Estimates & Forecast, 2020–2027

8.6.2 Market Estimates & Forecast, by Manufacturing Process, 2020–2027

8.6.3 Market Estimates & Forecast, by Application, 2020–2027

8.6.5 Brazil

8.6.5.1 Market Estimates & Forecast, 2020–2027

8.6.5.2 Market Estimates & Forecast, by Manufacturing Process, 2020–2027

8.6.5.3 Market Estimates & Forecast, by Application, 2020–2027

8.6.6 Mexico

8.6.6.1 Market Estimates & Forecast, 2020–2027

8.6.6.2 Market Estimates & Forecast, by Manufacturing Process, 2020–2027

8.6.6.3 Market Estimates & Forecast, by Application, 2020–2027

8.6.7 Argentina

8.6.7.1 Market Estimates & Forecast, 2020–2027

8.6.7.2 Market Estimates & Forecast, by Manufacturing Process, 2020–2027

8.6.7.3 Market Estimates & Forecast, by Application, 2020–2027

8.6.8 Rest of Latin America

8.6.8.1 Market Estimates & Forecast, 2020–2027

8.6.8.2 Market Estimates & Forecast, by Manufacturing Process, 2020–2027

8.6.8.3 Market Estimates & Forecast, by Application, 2020–2027

9. Company Landscape

9.1 Introduction

9.2 Market Strategy

9.3 Key Development Analysis

(Expansions/Mergers & Acquisitions/Joint Ventures/New Form Developments/Agreements/Investments)

10. Company Profiles

10.1 Sabic

10.1.1 Company Overview

10.1.2 Financial Updates

10.1.3 Form/Business Segment Overview

10.1.4 Strategy

10.1.5 Key Developments

10.1.6 SWOT Analysis

10.2 Evonik Industries

10.2.1 Company Overview

10.2.2 Financial Updates

10.2.3 Form/Business Segment Overview

10.2.4 Strategy

10.2.5 Key Developments

10.2.6 SWOT Analysis

10.3 China National Petroleum Corporation

10.3.1 Company Overview

10.3.2 Financial Updates

10.3.3 Form/Business Segment Overview

10.3.4 Strategy

10.3.5 Key Developments

10.3.6 SWOT Analysis

10.4 Huntsman International

10.4.1 Company Overview

10.4.2 Financial Updates

10.4.3 Form/Business Segment Overview

10.4.4 Strategy

10.4.5 Key Developments

10.4.6 SWOT Analysis

10.5 ENI

10.5.1 Company Overview

10.5.2 Financial Updates

10.5.3 Form/Business Segment Overview

10.5.4 Strategy

10.5.5 Key Developments

10.5.6 SWOT Analysis

10.6 LyondellBasell

10.6.1 Company Overview

10.6.2 Financial Updates

10.6.3 Form/Business Segment Overview

10.6.4 Strategy

10.6.5 Key Developments

10.6.6 SWOT Analysis

10.7 Royal Dutch Shell

10.7.1 Company Overview

10.7.2 Financial Updates

10.7.3 Form/Business Segment Overview

10.7.4 Strategy

10.7.5 Key Developments

10.7.6 SWOT Analysis

10.8 Emirates National Oil Company

10.8.1 Company Overview

10.8.2 Financial Updates

10.8.3 Form/Business Segment Overview

10.8.4 Strategy

10.8.5 Key Developments

10.8.6 SWOT Analysis

10.9 QAFAC

10.9.1 Company Overview

10.9.2 Financial Updates

10.9.3 Form/Business Segment Overview

10.9.4 Strategy

10.9.5 Key Developments

10.9.6 SWOT Analysis

10.10 Gazprom

10.10.1 Company Overview

10.10.2 Financial Updates

10.10.3 Form/Business Segment Overview

10.10.4 Strategy

10.10.5 Key Developments

10.10.6 SWOT Analysis

10.11 Shandong Dongming Petrochemical Group

10.11.1 Company Overview

10.11.2 Financial Updates

10.11.3 Form/Business Segment Overview

10.11.4 Strategy

10.11.5 Key Developments

10.11.6 SWOT Analysis

10.12 Reliance Industries Limited

10.12.1 Company Overview

10.12.2 Financial Updates

10.12.3 Form/Business Segment Overview

10.12.4 Strategy

10.12.5 Key Developments

10.12.6 SWOT Analysis

11. Conclusion

LIST OF TABLES

Table 1 Global Methyl Tertiary Butyl Ether (MTBE) Market, by Region, 2020–2027

Table 2 North America: Methyl Tertiary Butyl Ether (MTBE) Market, by Country, 2020–2027

Table 3 Europe: Methyl Tertiary Butyl Ether (MTBE) Market, by Country, 2020–2027

Table 4 Asia-Pacific: Methyl Tertiary Butyl Ether (MTBE) Market, by Country, 2020–2027

Table 5 Middle East & Africa: Methyl Tertiary Butyl Ether (MTBE) Market, by Country, 2020–2027

Table 6 Latin America: Methyl Tertiary Butyl Ether (MTBE) Market, by Country, 2020–2027

Table 7 Global Methyl Tertiary Butyl Ether (MTBE) Form Market, by Region, 2020–2027

Table 8 North America: Methyl Tertiary Butyl Ether (MTBE) Form Market, by Country, 2020–2027

Table 9 Europe: Methyl Tertiary Butyl Ether (MTBE) Form Market, by Country, 2020–2027

Table10 Asia-Pacific: Methyl Tertiary Butyl Ether (MTBE) Form Market, by Country, 2020–2027

Table11 Middle East & Africa: Methyl Tertiary Butyl Ether (MTBE) Form Market, by Country, 2020–2027

Table12 Latin America: Methyl Tertiary Butyl Ether (MTBE) Form Market, by Country, 2020–2027

Table13 Global Methyl Tertiary Butyl Ether (MTBE) Application Market, by Region, 2020–2027

Table14 North America: Methyl Tertiary Butyl Ether (MTBE) Application Market, by Country, 2020–2027

Table15 Europe: Methyl Tertiary Butyl Ether (MTBE) Application Market, by Country, 2020–2027

Table16 Asia-Pacific: Methyl Tertiary Butyl Ether (MTBE) Application Market, by Country, 2020–2027

Table17 Middle East & Africa: Methyl Tertiary Butyl Ether (MTBE) Application Market, by Country, 2020–2027

Table18 Latin America: Methyl Tertiary Butyl Ether (MTBE) Application Market, by Country, 2020–2027

Table19 Global Methyl Tertiary Butyl Ether (MTBE) End-Use Market, by Region, 2020–2027

Table20 North America: Methyl Tertiary Butyl Ether (MTBE) End-Use Market, by Country, 2020–2027

Table21 Europe: Methyl Tertiary Butyl Ether (MTBE) End-Use Market, by Country, 2020–2027

Table22 Asia-Pacific: Methyl Tertiary Butyl Ether (MTBE) End-Use Market, by Country, 2020–2027

Table23 Middle East & Africa: Methyl Tertiary Butyl Ether (MTBE) End-Use Market, by Country, 2020–2027

Table24 Latin America: Methyl Tertiary Butyl Ether (MTBE) End-Use Market, by Country, 2020–2027

Table25 Global Form Market, by Region, 2020–2027

Table26 Global Application Market, by Region, 2020–2027

Table27 Global End-Use Market, by Region, 2020–2027

Table28 North America: Methyl Tertiary Butyl Ether (MTBE) Market, by Country, 2020–2027

Table29 North America: Methyl Tertiary Butyl Ether (MTBE) Market, by Manufacturing Process, 2020–2027

Table30 North America: Methyl Tertiary Butyl Ether (MTBE) Market, by Application, 2020–2027

Table31 North America: Methyl Tertiary Butyl Ether (MTBE) Market, by End-Use, 2020–2027

Table32 Europe: Methyl Tertiary Butyl Ether (MTBE) Market, by Country, 2020–2027

Table33 Europe: Methyl Tertiary Butyl Ether (MTBE) Market, by Manufacturing Process, 2020–2027

Table34 Europe: Methyl Tertiary Butyl Ether (MTBE) Market, by Application, 2020–2027

Table35 Europe: Methyl Tertiary Butyl Ether (MTBE) Market, by End-Use, 2020–2027

Table36 Asia-Pacific: Methyl Tertiary Butyl Ether (MTBE) Market, by Country, 2020–2027

Table37 Asia-Pacific: Methyl Tertiary Butyl Ether (MTBE) Market, by Manufacturing Process, 2020–2027

Table38 Asia-Pacific: Methyl Tertiary Butyl Ether (MTBE) Market, by Application, 2020–2027

Table39 Asia-Pacific: Methyl Tertiary Butyl Ether (MTBE) Market, by End-Use, 2020–2027

Table40 Middle East & Africa: Methyl Tertiary Butyl Ether (MTBE) Market, by Country, 2020–2027

Table41 Middle East & Africa Methyl Tertiary Butyl Ether (MTBE) Market, by Manufacturing Process, 2020–2027

Table42 Middle East & Africa Methyl Tertiary Butyl Ether (MTBE) Market, by Application, 2020–2027

Table43 Middle East & Africa: Methyl Tertiary Butyl Ether (MTBE) Market, by End-Use, 2020–2027

Table44 Latin America: Methyl Tertiary Butyl Ether (MTBE) Market, by Country, 2020–2027

Table45 Latin America Methyl Tertiary Butyl Ether (MTBE) Market, by Manufacturing Process, 2020–2027

Table46 Latin America Methyl Tertiary Butyl Ether (MTBE) Market, by Application, 2020–2027

Table47 Latin America: Methyl Tertiary Butyl Ether (MTBE) Market, by End-Use, 2020–2027

LIST OF FIGURES

FIGURE 1 Global Methyl Tertiary Butyl Ether (MTBE) Market Segmentation

FIGURE 2 Forecast Research Methodology

FIGURE 3 Five Forces Analysis of Global Methyl Tertiary Butyl Ether (MTBE) Market

FIGURE 4 Value Chain of Global Methyl Tertiary Butyl Ether (MTBE) Market

FIGURE 5 Share of Global Methyl Tertiary Butyl Ether (MTBE) Market in 2020, by Country (%)

FIGURE 6 Global Methyl Tertiary Butyl Ether (MTBE) Market, 2020–2027,

FIGURE 7 Global Methyl Tertiary Butyl Ether (MTBE) Market Size by Manufacturing Process, 2020

FIGURE 8 Share of Global Methyl Tertiary Butyl Ether (MTBE) Market, by Manufacturing Process, 2020–2027

FIGURE 9 Global Methyl Tertiary Butyl Ether (MTBE) Market Size, by Application, 2020

FIGURE 10 Share of Global Methyl Tertiary Butyl Ether (MTBE) Market, by Application, 2020–2027

FIGURE 11 Global Methyl Tertiary Butyl Ether (MTBE) Market Size, by End-Use, 2020

FIGURE 12 Share of Global Methyl Tertiary Butyl Ether (MTBE) Market, by End-Use, 2020–2027

Methyl Tertiary Butyl Ether (MTBE) Market

The global methyl tertiary butyl ether (MTBE) market was valued at USD 14.39 Billion in 2020 and projected to reach USD 18.102 Billion by 2030, at a CAGR of 5% during the forecast period.

Segmentation

By Manufacturing Process Steam Cracker Fluid Liquid Cracker Dehydrogenation Dehydration
Application Gasoline Additive Others

Key Players

  • Sabic (Saudi Arabia)
  • Evonik Industries (Germany)
  • China National Petroleum Corporation (China)
  • Huntsman International (US)
  • ENI (Italy)
  • LyondellBasell (Netherlands)
  • Royal Dutch Shell (Netherlands)
  • Emirates National Oil Company (UAE)
  • QAFAC (Qatar)
  • Gazprom (Russia)
  • Shandong Dongming Petrochemical Group (China)
  • Reliance Industries Limited (India)

Drivers

  • Increasing product demand in the automotive industry as MTBE reduces vehicle emissions
  • The knocking of engines
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Market Insights

Methyl Tertiary Butyl Ether (MTBE) is an organic compound that is highly flammable and volatile. It is manufactured by a chemical reaction of methanol with isobutylene. MTBE contains oxygen which, when added to gasoline, enhances the octane rating and helps in reducing emissions. MTBE also offers efficient blending properties and helps in the reducing the formation of benzene and formaldehyde in gasoline. MTBE is widely produced in refinery-based plants, however, significant capital is required for the same. The production of MTBE is also subject to legal and regulatory barriers across the globe owing to health and environmental issues. The major application of MTBE is as a gasoline additive across the globe.  According to MRFR analysis, the global methyl tertiary butyl ether (MTBE) market is projected to grow at a CAGR of over 4.79% during the forecast 2021-2030. Market growth is driven by increasing product demand in the automotive industry as MTBE reduces vehicle emissions and the knocking of engines, thereby, increasing the shelf life of vehicles. Moreover, the growing demand for gasoline and gasoline additives in the marine and oil & gas industries is also positively contributing to the growth of the market. On the basis of manufacturing process, the fluid liquid cracker segment was the largest in 2017 and is expected to remain so during the forecast period. Fluid liquid cracker is an easy and cost-effective process, leading to its extensive use in the production of MTBE.


Global Methyl Tertiary Butyl Ether (MTBE) Market Share, by Product (%)


Methyl Tertiary Butyl Ether (MTBE) Market


Regional Analysis


The market in Asia-Pacific is expected to be the largest and fastest-growing regional market. Increasing automobile production in the region is acting as a major driver for the growth of the market. Additionally, the rising awareness about pollution in the region has augmented the demand for MTBE in gasoline as it restricts the emission of harmful gases. China accounted for the highest production of MTBE in 2017; this is expected to continue during the forecast period.


North America was the second-largest market in 2017 and is expected to maintain its dominance during the review period. The presence of a developed automotive industry and major MTBE manufacturing companies are contributing to the growth of the regional market. However, the increasing restrictions on the use of MTBE owing to environmental and health issues are expected to hinder market growth in the region. The markets in the Middle East & Africa and Latin America are projected to contribute substantially to the global market during the forecast period owing to the growing gasoline requirements in these regions. Moreover, lax regulations for the production of MTBE in the Middle East and Latin America is projected to positively impact market growth.


Segmentation


The global methyl tertiary butyl ether (MTBE) market has been segmented by manufacturing process, application, and region. On the basis of manufacturing process, the market has been segregated into steam cracker, fluid liquid cracker, dehydrogenation, and dehydration. On the basis of application, the market has been segmented into gasoline additive and others. Based on region, the market has been segregated into North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa.


Key Players


Some of the key players in the global methyl tertiary butyl ether (MTBE) market are Sabic (Saudi Arabia), Evonik Industries (Germany), China National Petroleum Corporation (China), Huntsman International (US), ENI (Italy), LyondellBasell (Netherlands), Royal Dutch Shell (Netherlands), Emirates National Oil Company (UAE), QAFAC (Qatar), Gazprom (Russia), Shandong Dongming Petrochemical Group (China), and Reliance Industries Limited (India).


Intended Audience



  • MTBE manufacturers

  • Traders and distributors of MTBE

  • Research and development institutes

  • Potential investors

  • Raw material suppliers

  • Nationalized laboratories



Report Scope:
Report Attribute/Metric Details
  Market Size   2030 : Significant value
  CAGR   4.79% (2021-2030)
  Base Year   2021
  Forecast Period   2021Β toΒ 2030
  Historical Data   2019Β &Β 2020
  Forecast Units   Value (USD Million)
  Report Coverage    Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
  Segments Covered   manufacturing process, application, and region
  Geographies Covered   North America, Europe, Asia-Pacific, and Rest of the World (RoW)
  Key Vendors   Sabic (Saudi Arabia), Evonik Industries (Germany), China National Petroleum Corporation (China), Huntsman International (US), ENI (Italy), LyondellBasell (Netherlands), Royal Dutch Shell (Netherlands), Emirates National Oil Company (UAE), QAFAC (Qatar), Gazprom (Russia), Shandong Dongming Petrochemical Group (China), and Reliance Industries Limited (India).
  Key Market Opportunities   The growing demand for gasoline and gasoline additives in the marine and oil & gas industries is also positively contributing to the growth
  Key Market Drivers   Increasing product demand in the automotive industry as MTBE reduces vehicle emissions and the knocking of engines


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Frequently Asked Questions (FAQ) :

The global methyl tertiary butyl ether market is projected to grow at 4.79% CAGR during the review period (2021-2030).

Methyl Tertiary Butyl Ether (MTBE) is a highly flammable and volatile organic compound, which is used a gasoline additive to enhance its octane rating and reduce emissions.

Asia Pacific holds the largest share in the global methyl tertiary butyl ether market followed by North America and Europe, respectively.

Evonik Industries (Germany), Sabic (Saudi Arabia), China National Petroleum Corporation (China), ENI (Italy), Huntsman International (US), LyondellBasell (Netherlands), Emirates National Oil Company (UAE), Royal Dutch Shell (Netherlands), QAFAC (Qatar), Shandong Dongming Petrochemical Group (China), Gazprom (Russia), and Reliance Industries Limited (India), are some of the leading players in the global methyl tertiary butyl ether market.