Methyl Tertiary-Butyl Ether (MTBE) Market - Asia Pacific Industry Analysis 2016 - 2026

Transparency Market Research - Seite 2

ASEAN Automotive Sector Driving Demand for Gasoline Additives 

A key factor driving gasoline blending across the Asia Pacific region, and therefore the MTBE market, is the declining prices of raw material as well as final products. This can be primarily attributed to China.

"China is one of the major methanol producers in the world and the country is likely to account for nearly 50% of the global methanol production in the next few years," the author of the study finds. The total methanol production in China is estimated to reach nearly 51 million tons in 2016, a trend that will potentially check the prices of downstream products, including MTBE, in the near future.

Another factor boosting the market for methyl tertiary-butyl ether is a rise in the demand for gasoline additives, particularly in ASEAN.

"The automotive industry in the ASEAN sub-region has been witnessing an upward trend in the last few years, with the number of total vehicles in major countries rising from around 130 million in 2015 to 200 million by 2025," the lead analyst states. The significant growth of the automotive sector is likely to propel the demand for gasoline additives, thereby supporting the MTBE market during the forecast period.

In contrast, the availability of a wide range of petroleum-based and non-petroleum-based substitutes and the hazardous environmental effects of methyl tertiary-butyl ether pose significant challenges to the MTBE market in Asia Pacific.

This review is based on the findings of a TMR report titled "Methyl Tertiary-Butyl Ether (MTBE) Market - Asia Pacific Industry Analysis, Size, Share, Growth, Trends, and Forecast 2016 - 2026."

This report segments the MTBE market in Asia Pacific as follows: 

MTBE Market - Application Analysis 

• Gasoline
• Isobutene
• Solvent & Extractant
• Others (MMA, etc.)

MTBE Market - Country/Sub-region Analysis 

• Asia Pacific
• China
• India
• ASEAN

Browse Other Research Reports: 

• Butyric Acid Market: http://www.transparencymarketresearch.com/butyric-acid-market.html

• Dimethyl Sulfate Market: http://www.transparencymarketresearch.com/dimethyl-sulfate-market.html

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