Global MTBE Sales Market Report 2023
SKU ID :QYR-22288668 | Published Date: 02-Jan-2023 | No. of pages: 142Description
Market Analysis and Insights: Global MTBE Market
MTBE is a colorless, transparent, high-octane liquid with ether-like odor. It is an ideal blending component for the production of lead-free, high-octane and oxygen-containing gasoline. As a gasoline additive, MTBE has been widely used worldwide. It can not only effectively improve the octane number of gasoline, but also improve vehicle performance, reduce the exhaust CO content, and reduce the cost of gasoline production.
MTBE is an organic ether with 18.2% oxygen content. Its vapor is heavier than air and can be diffused along the ground. It can be burned when it coexists with a strong oxidant. The purity of MTBE is about 97%~99.5%.
Due to the COVID-19 pandemic, the global MTBE market size is estimated to be worth US$ million in 2022 and is forecast to a readjusted size of US$ million by 2029 with a CAGR of % during the forecast period 2023-2029. Fully considering the economic change by this health crisis, Dehydromethyl Tert-Butyl Ether accounting for % of the MTBE global market in 2022, is projected to value US$ million by 2029, growing at a revised % CAGR from 2023 to 2029. While Gasoline Blending segment is altered to an % CAGR throughout this forecast period.
In China market, key manufacturers include Wanhua Chemical Group Co.,Ltd., Shandong Yuhuang Chemical Co., Ltd., heyun Group, Heilongjiang AnRuiJia, Shangdong shouguang LuQing petrochemical co., LTD, Shandong Shida Shenghua Chemical Group, JIAHAO CHEMICAL, Qingzhou Tian Chemical co., Ltd., De Paul Road co., Ltd, LIHUAYI GROUP CO., LTD., JURONG CHEMICAL, Shandong Chengtai New Material Co., Ltd., SHEN CHI CHEMICAL, SINOPEC BEIJING YANSHAN COMPANY and Daqing Lianhua.
Global MTBE Scope and Market Size
The global MTBE market is segmented by company, region (country), type and application. Players, stakeholders, and other participants in the global MTBE market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region (country), type and application for the period 2018-2029.
Segment by Type
Dehydromethyl Tert-Butyl Ether
Isomerization of Methyl Tert-Butyl Ether
PO/MTBE Power Plant
Segment by Application
Gasoline Blending
Chemical
Medicine
Other
By Region
United States
Europe
China
Japan
Southeast Asia
India
Other Regions
By Company
Wanhua Chemical Group Co.,Ltd.
Shandong Yuhuang Chemical Co., Ltd.
heyun Group
Heilongjiang AnRuiJia
Shangdong shouguang LuQing petrochemical co., LTD
Shandong Shida Shenghua Chemical Group
JIAHAO CHEMICAL
Qingzhou Tian Chemical co., Ltd.
De Paul Road co., Ltd
LIHUAYI GROUP CO., LTD.
JURONG CHEMICAL
Shandong Chengtai New Material Co., Ltd.
SHEN CHI CHEMICAL
SINOPEC BEIJING YANSHAN COMPANY
Daqing Lianhua
MTBE is a colorless, transparent, high-octane liquid with ether-like odor. It is an ideal blending component for the production of lead-free, high-octane and oxygen-containing gasoline. As a gasoline additive, MTBE has been widely used worldwide. It can not only effectively improve the octane number of gasoline, but also improve vehicle performance, reduce the exhaust CO content, and reduce the cost of gasoline production.
MTBE is an organic ether with 18.2% oxygen content. Its vapor is heavier than air and can be diffused along the ground. It can be burned when it coexists with a strong oxidant. The purity of MTBE is about 97%~99.5%.
Due to the COVID-19 pandemic, the global MTBE market size is estimated to be worth US$ million in 2022 and is forecast to a readjusted size of US$ million by 2029 with a CAGR of % during the forecast period 2023-2029. Fully considering the economic change by this health crisis, Dehydromethyl Tert-Butyl Ether accounting for % of the MTBE global market in 2022, is projected to value US$ million by 2029, growing at a revised % CAGR from 2023 to 2029. While Gasoline Blending segment is altered to an % CAGR throughout this forecast period.
In China market, key manufacturers include Wanhua Chemical Group Co.,Ltd., Shandong Yuhuang Chemical Co., Ltd., heyun Group, Heilongjiang AnRuiJia, Shangdong shouguang LuQing petrochemical co., LTD, Shandong Shida Shenghua Chemical Group, JIAHAO CHEMICAL, Qingzhou Tian Chemical co., Ltd., De Paul Road co., Ltd, LIHUAYI GROUP CO., LTD., JURONG CHEMICAL, Shandong Chengtai New Material Co., Ltd., SHEN CHI CHEMICAL, SINOPEC BEIJING YANSHAN COMPANY and Daqing Lianhua.
Global MTBE Scope and Market Size
The global MTBE market is segmented by company, region (country), type and application. Players, stakeholders, and other participants in the global MTBE market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region (country), type and application for the period 2018-2029.
Segment by Type
Dehydromethyl Tert-Butyl Ether
Isomerization of Methyl Tert-Butyl Ether
PO/MTBE Power Plant
Segment by Application
Gasoline Blending
Chemical
Medicine
Other
By Region
United States
Europe
China
Japan
Southeast Asia
India
Other Regions
By Company
Wanhua Chemical Group Co.,Ltd.
Shandong Yuhuang Chemical Co., Ltd.
heyun Group
Heilongjiang AnRuiJia
Shangdong shouguang LuQing petrochemical co., LTD
Shandong Shida Shenghua Chemical Group
JIAHAO CHEMICAL
Qingzhou Tian Chemical co., Ltd.
De Paul Road co., Ltd
LIHUAYI GROUP CO., LTD.
JURONG CHEMICAL
Shandong Chengtai New Material Co., Ltd.
SHEN CHI CHEMICAL
SINOPEC BEIJING YANSHAN COMPANY
Daqing Lianhua
TOC
Tables & Figures
Companies
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