Global Methyl tert-Butyl Ether (MTBE) Market Outlook 2017-2022

The worldwide methyl tert-butyl ether (MTBE) market is projected to exhibit a healthy CAGR of 4.4% by 2022. Methyl tertiary butyl ether (MTBE) is a volatile, colorless, flammable liquid mainly used as fuel constituent. Methyl tert-butyl ether is manufactured by catalytic reaction of isobutylene with byproduct of methanol. It is also used as an oxygenating factor in gasoline. MTBE is used as an octane buster in engines.

LyondellBasell, in June 2017, asserted building the world's major tertiary butyl alcohol (TBA) and propylene oxide (PO) plant in the Houston area; wherein TBA will be changed to methyl tertiary butyl ether (MTBE), ethyl tertiary butyl ether (ETBE), and two ether-based oxyfuels. 

Globally, increasing demand for gasoline and its additives in marine and oil and gas sectors and growing automotive industry across the world are likely to drive the methyl tert-butyl ether (MTBE) market growth in the years to come. In addition, rising demand for solvent in chemical industry, low cost, and advantageous properties of MTBE are expected to drive the growth in the forecast period. 

The other driving factors are increasing acceptance of MTBE for application in developing economies such as India and China, and others. However, environmental and health issues related to MTBE are likely to hamper the market growth in the years to come. The Asia-Pacific is one of the prominent regions and will continue to account for a large share in the market throughout the forthcoming period, owing to rapidly rising pharmaceutical in emerging countries such as India and China in this region and increasing automobile industry. 

Leading players operating in the methyl tert-butyl ether (MTBE) market include LyondollBasell Industries, Panjin Hayen Industrial Group, Huntsman Corporation, Oxeno Antewerpen, Petroliam Nasional Berhad (Petronas), Zhenhai Refining, Chemical and Saudi Basic Industries Corporation (SABIC), Reliance Industries Ltd., and among others. The top companies are involved in mergers and partnerships, acquisitions, and joint ventures in order to increase the inorganic growth of the industry. 

The global market for methyl tert-butyl ether (MTBE, CAS 1634-04-4) will grow at a CAGR of 4.4% by 2022, according to a new report published by Gen Consulting Company. The report segments the market and forecasts its size, by volume and value, on the basis of application (fuel additive, isobutylene, solvent, etc.), and by geography (North America, Europe, Asia-Pacific, MEA and South America).

The report covers forecast and analysis for the methyl tert-butyl ether market on a global and regional level. The study provides historic data of 2012-2016 along with a forecast from 2017 to 2022 based on both output/volume and revenue. The study then describes the drivers and restraints for the methyl tert-butyl ether market along with the impact they have on the demand over the forecast period. Additionally, the report includes the study of opportunities available in the methyl tert-butyl ether market on a global level.

The report has been prepared based on the synthesis, analysis, and interpretation of information about the global methyl tert-butyl ether market collected from specialized sources. The competitive landscape section of the report provides a clear insight into the market share analysis of key industry players. Company overview, financial overview, product portfolio, new project launched, recent development analysis are the parameters included in the profile.

Demand for this market rises from the fuel additive, isobutylene, solvent, and other applications. All the segments have been analyzed based on present and future trends and the market is estimated from 2017 to 2022. Relevantly, the report and company profiles specify the key drivers that are impacting the demand in global methyl tert-butyl ether market.

Key Applications
- Fuel Additive
- Isobutylene
- Solvent

Key Regions
- North America
- Europe
- Asia Pacific
- Middle East and Africa
- South America

Key Vendors
- Emirates National Oil Company
- Eni S.p.A
- Enterprise Products
- Evonik
- Formosa Plastics Corporation
- Huntsman
- LyondollBasell
- Panjin Hayen Industrial Group
- Petroliam Nasional Berhad
- SABIC
- Shell
- Sinopec
- request free sample to get a complete list of companies

Key Questions Answered in this Report
- What will the market size be in 2022?
- What are the key factors driving the global methyl tert-butyl ether market?
- What are the challenges to market growth?
- Who are the key players in the methyl tert-butyl ether market?
- What are the market opportunities and threats faced by the key players?