Growing Demand From APAC Countries – Methyl Tertiary Butyl Ether Market

Growing Demand From APAC Countries - Methyl Tertiary Butyl Ether Market

Browse 70 market data Tables and 37 Figures spread through 107 Pages and in-depth TOC on “Methyl Tertiary Butyl Ether Market”
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)

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.

Browse 70 market data Tables and 37 Figures spread through 107 Pages and in-depth TOC on “Methyl Tertiary Butyl Ether Market”

Download PDF Brochure

APAC is the largest market for Methyl Tertiary Butyl Ether (MTBE), in terms of volume, and this trend is expected to continue till 2022. Key countries in the region, such as China, Singapore, South Korea, Malaysia, Taiwan, and Indonesia, among others are witnessing a gradual increase in the use of MTBE in gasoline blending. The growth of the MTBE market can be attributed to the rising demand for reformulated gasoline as it enables reduction in the harmful emissions of carbon. China leads the MTBE market in the APAC, accounting for more than half of the demand for MTBE in the region. Increasing car ownership and the establishment of many new MTBE plants due to growing domestic consumption are driving the demand for MTBE in the country.

Based on the manufacturing process, the fluid liquid cracker segment is expected to lead the MTBE market, as this process is preferred by most MTBE producers and is used in all regions. The fluid liquid cracker process is similar to the steam cracker process, with the only difference being that isobutene is extracted from FCC overheads. In this process, capacity is determined by feed availability. Usually, plants produce in the range of 20,000-70,000 tons per annum. This process is widely used as it is the simplest and the most feasible.

Based on the application, the gasoline segment of the MTBE market is projected to grow at the highest rate during the forecast period. MTBE is extensively used as a gasoline additive to increase the octane rating of the fuel. When used in gasoline engines, it reduces the knocking effect that leads to inefficient burning and engine damage. The use of MTBE as a gasoline additive mainly started with the replacement of metallic additives, such as lead and Methylcyclopentadienyl Manganese Tricarbonyl (MMT). The cleaner fuel legislations in the Asian and Middle Eastern and African countries are driving the use of MTBE in gasoline.

Request for Sample report @

Bundle Report

  • Biodiesel Market
  • Methanol Market

Get Special Pricing on Bundle Reports:

About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the “Growth Engagement Model – GEM”. The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write “Attack, avoid and defend” strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, “Knowledge Store” connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Media Contact
Company Name: MarketsandMarkets
Contact Person: Mr. Shelly Singh
Email: Send Email
Phone: 1-888-600-6441
Address:630 Dundee Road Suite 430
City: Northbrook
State: IL
Country: United States