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Ethyl Tertiary Butyl Ether Market

Ethyl Tertiary Butyl Ether Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2020-2030

Ethyl Tertiary Butyl Ether Market: Overview

  • Ethyl tertiary butyl ether (ETBE) is produced from the reaction of isobutene (57%) and ethanol (43%).  
  • Ethyl tertiary butyl ether is used as oxygenate and octane boosting agent in the production of gasoline. It is primarily employed as fuel component in industrial fuel.
  • Ethyl tertiary butyl ether contains raw material produced from renewable resources; as a result, it produces less CO2 emissions compared to methyl tertiary butyl ether (MTBE), which helps to ease climate change

Growth in Gasoline-Powered Application to Drive Ethyl Tertiary Butyl Ether Market

  • Growth in gasoline-powered application is propelling the demand for ethyl tertiary butyl ether
  • Rise in demand for organic solvents used in industrial and commercial chemical industries is also driving the demand for ethyl tertiary butyl ether
  • Ethyl tertiary butyl ether is increasingly used in the production of isobutylene, which is employed in butyl rubber and ethyl methacrylate processing
  • Growth in restrictions on usage of methyl tertiary butyl ether (MTBE) in gasoline production in several countries across the globe is propelling the market for ethyl tertiary butyl ether
  • Volatility in prices of raw materials is a key restraint for manufacturers of ethyl tertiary butyl ether
  • The COVID-19 pandemic has adversely impacted the industrial supply-chain of ethyl tertiary butyl ether. Supply shortage has also led to an increase in prices of raw materials. The industrial shutdown caused by the pandemic has disrupted industrial manufacturing operations. This has also negatively impacted the demand for ethyl tertiary butyl ether in various end-use industries. Affected downstream supply chain might take longer to recover. The industrial shutdown has also hampered product and inventory transportation, as logistic services have been adversely affected.

Direct Solvent Application Segment to Offer Lucrative Opportunities

  • Based on application, the global ethyl tertiary butyl ether market can be segmented into direct solvent, chemical intermediate, and others
  • The direct solvent segment is anticipated to dominate the market followed by chemical intermediate segment.

Industrial Fluids End-use Industry Segment to Hold Major Share of Market

  • Based on end-use industry, the ethyl tertiary butyl ether market can be divided into industrial fluids, consumer goods, chemical industries, and others
  • The industrial fluids segment is expected to dominate the ethyl tertiary butyl ether market during the forecast period
  • Growth in consumer goods segment is expected to drive the demand for ethyl tertiary butyl ether during the forecast period
  • The chemical industries segment is also anticipated to experience significant growth opportunities during the forecast period

Asia Pacific to Constitute Significant Share of Global Ethyl Tertiary Butyl Ether Market

  • In terms of region, the global ethyl tertiary butyl ether market can be split into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa
  • Asia Pacific dominated the global market in 2019, due to the increase in consumption of ethyl tertiary butyl ether in the region. Rise in demand for industrial chemical derivatives and organic compounds in various industries is further driving the market in the region.
  • North America is also estimated to hold key share of the global ethyl tertiary butyl ether market during the forecast period
  • Growth of the market in Europe can be ascribed to the rise in ethanol consumption in the region. Additionally, presence of large numbers of chemical manufacturers in Germany and France is boosting the demand for ethyl tertiary butyl ether in Europe.

Key Players in Market

The global ethyl tertiary butyl ether market is fragmented, with the presence of several regional and global manufacturers. Prominent players operating in the market are adopting different strategies such as acquisition, product launch, and merger to maintain their leading position. Key players are investing in technological developments in order to maintain their leading position.

Prominent players operating in the global ethyl tertiary butyl ether market include:

  • SABIC
  • Sinopec
  • Royal Dutch Shell PLC
  • Evonik Industries AG
  • Reliance Industries Limited
  • Exxon Mobil Corporation
  • LyondellBasell Industries N.V.
  • Huntsman Corporation
  • China National Petroleum Corporation
  • Emirates National Oil Company

Global Ethyl Tertiary Butyl Ether Market: Research Scope

Global Ethyl Tertiary Butyl Ether Market, by Application

  • Direct Solvent
  • Chemical Intermediate
  • Others

Global Ethyl Tertiary Butyl Ether Market, by End-use Industry

  • Industrial Fluids
  • Consumer Goods
  • Chemical Industries
  • Other

Global Ethyl Tertiary Butyl Ether Market, by Region

  • North America
    • U.S.
    • Canada
  • Europe
    • Germany
    • France
    • U.K.
    • Italy
    • Spain
    • Russia & CIS
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • ASEAN
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of Middle East & Africa
Ethyl Tertiary Butyl Ether Market

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