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Methyl tertiary butyl ether (MTBE) is a colorless, volatile, flammable liquid majorly used as fuel component. MTBE is manufactured by catalytic reaction of isobutylene with methanol. MTBE is used as an octane buster in engines. It is also used as oxygenate to increase oxygen in gasoline. MTBE offers good blending properties and reduces the content of formaldehyde and benzene in gasoline. Additionally, it replaces lead compounds enhancing the anti-knocking properties of the fuel. It is also used as a laboratory reagent to extract compounds. It is also used as solvent to dissolve gallstones. Furhermore, it is used as intermediate for methyl methacrylate.
 
MTBE is manufactured by reacting isobutene with methanol in a liquid phase reactor in presence of ion exchange resin. MTBE can further be processed to get isobutylene, which on further processing gives derivates such as methyl methacrylate (MMA), butyl rubber and polyisobutylene. Cost effectiveness and excellent blending octane value are the major advantages of methyl tertiary butyl ether. 
 
The market for methyl tertiary butyl ether (MTBE) was mainly driven by petrochemical applications. MTBE is majorly consumed as an octane buster and as anti-knocking agent in engines. MTBE is preferred over others due to its lower cost and effectiveness. MBTE finds application as a solvent and forms azeotropes with methanol and water. MBTE has various opportunities as a solvent in various chemicals. However, health and environmental issues related with MTBE can act as a major restraint for the market in upcoming years. Moreover, availability of substitutes also poses as a threat to the growth of the market. Additionally, biofuels mandate in European Union and the U.S. will be major constraint for the market.
 
In terms of demand, Asia Pacific was the leading region in MBTE market. Growing demand of MBTE from automotive engine market has been the major driver for the growth in the market. India, Japan and China are the major consumers of MTBE in Asia Pacific region. Asia Pacific was followed by North America where the demand for MBTE is anticipated to grow in upcoming years. U.S. and Canada are the leading countries and exhibit higher demand for MTBE in the North American region. Moreover, the demand for MTBE for fuel purpose is declining due to regulations in this region. In addition, there are some ground water concerns regarding MTBE in the U.S. However, the demand for MTBE is likely to grow from more lucrative markets such as Latin America and Europe. Europe is expected to be lucrative market for MTBE in near future. The Rest of the World market is expected to show greater potential for MTBE market in next few years. The Middle East market is likely to exhibit more demand for MTBE in upcoming years due to increased gasoline quality requirements in this region. 
 
Some of the key manufacturers in the MTBE market are Huntsman Corporation, LyondollBasell Industries, Oxeno Antewerpen, Panjin Hayen Industrial Group, Petroliam Nasional Berhad (Petronas), Saudi Basic Industries Corporation (SABIC), Zhenhai Refining and Chemical and Reliance Industries Ltd. among others.
 
This research report analyzes this market depending on its market segments, major geographies, and current market trends. Geographies analyzed under this research report include 
  • North America 
  • Asia Pacific 
  • Europe
  • Rest of the World  
This report provides comprehensive analysis of 
  • Market growth drivers 
  • Factors limiting market growth
  • Current market trends 
  • Market structure
  • Market projections for upcoming years 
This report is a complete study of current trends in the market, industry growth drivers, and restraints. It provides market projections for the coming years. It includes analysis of recent developments in technology, Porter’s five force model analysis and detailed profiles of top industry players. The report also includes a review of micro and macro factors essential for the existing market players and new entrants along with detailed value chain analysis. 
 
Reasons for Buying this Report
  • This report provides pin-point analysis for changing competitive dynamics
  • It provides a forward looking perspective on different factors driving or restraining market growth 
  • It provides a technological growth map over time to understand the industry growth rate
  • It provides a seven-year forecast assessed on the basis of how the market is predicted to grow 
  • It helps in understanding the key product segments and their future
  • It provides pin point analysis of changing competition dynamics and keeps you ahead of competitors
  • It helps in making informed business decisions by having complete insights of market and by making in-depth analysis of market segments 
  • It provides distinctive graphics and exemplified SWOT analysis of major market segments

This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.

Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:

  • Customer Experience Maps
  • Insights and Tools based on data-driven research
  • Actionable Results to meet all the business priorities
  • Strategic Frameworks to boost the growth journey

The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.

The following regional segments are covered comprehensively:

  • North America
  • Asia Pacific
  • Europe
  • Latin America
  • The Middle East and Africa

The EIRS quadrant framework in the report sums up our wide spectrum of data-driven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders.

Below is a snapshot of these quadrants.

1. Customer Experience Map

The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments. It offers various customer impressions about the products and service use. The analysis takes a closer look at their pain points and fears across various customer touchpoints. The consultation and business intelligence solutions will help interested stakeholders, including CXOs, define customer experience maps tailored to their needs. This will help them aim at boosting customer engagement with their brands.

2. Insights and Tools

The various insights in the study are based on elaborate cycles of primary and secondary research the analysts engage with during the course of research. The analysts and expert advisors at TMR adopt industry-wide, quantitative customer insights tools and market projection methodologies to arrive at results, which makes them reliable. The study not just offers estimations and projections, but also an uncluttered evaluation of these figures on the market dynamics. These insights merge data-driven research framework with qualitative consultations for business owners, CXOs, policy makers, and investors. The insights will also help their customers overcome their fears.

3. Actionable Results

The findings presented in this study by TMR are an indispensable guide for meeting all business priorities, including mission-critical ones. The results when implemented have shown tangible benefits to business stakeholders and industry entities to boost their performance. The results are tailored to fit the individual strategic framework. The study also illustrates some of the recent case studies on solving various problems by companies they faced in their consolidation journey.

4. Strategic Frameworks

The study equips businesses and anyone interested in the market to frame broad strategic frameworks. This has become more important than ever, given the current uncertainty due to COVID-19. The study deliberates on consultations to overcome various such past disruptions and foresees new ones to boost the preparedness. The frameworks help businesses plan their strategic alignments for recovery from such disruptive trends. Further, analysts at TMR helps you break down the complex scenario and bring resiliency in uncertain times.

The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:

1. What can be the best investment choices for venturing into new product and service lines?

2. What value propositions should businesses aim at while making new research and development funding?

3. Which regulations will be most helpful for stakeholders to boost their supply chain network?

4. Which regions might see the demand maturing in certain segments in near future?

5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?

6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?

7. Which government regulations might challenge the status of key regional markets?

8. How will the emerging political and economic scenario affect opportunities in key growth areas?

9. What are some of the value-grab opportunities in various segments?

10. What will be the barrier to entry for new players in the market?

Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.

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