Asia Pacific Methyl Tertiary-Butyl Ether (MTBE) Market: Overview
MTBE is a flammable, highly volatile colorless liquid that is sparingly soluble in water. It is one of the octane boosters used in gasoline blending across the globe. MTBE is typically produced by the chemical reaction of isobutylene and methanol in the presence of heat and catalyst. It is used in several end-user industries through its downstream products. However, in terms of application, the petroleum blending segment accounts for significant share of the MTBE market. Demand for MTBE in Asia Pacific is primarily concentrated in China and ASEAN.
Asia Pacific Methyl Tertiary-Butyl Ether (MTBE) Market: Scope of the Study
The report provides in-depth analysis and forecast of the MTBE market in Asia Pacific. It comprises forecast for the period from 2016 to 2026 in terms of volume (kilo tons) and revenue (US$ Mn). In order to compile the research report, in-depth interviews and discussions with a number of key industry participants and opinion leaders have been conducted. Primary research represents a bulk of research efforts, supplemented by extensive secondary research. Key players’ product literature, annual reports, press releases, and relevant documents have been reviewed for competitive analysis and market understanding. Secondary research includes a search of recent trade, technical writing, Internet sources, and statistical data from government websites, trade associations, and agencies. This has proved to be a reliable, effective, and successful approach for obtaining precise market data, capturing industry participants’ insights, and recognizing business opportunities.
Secondary research sources that are typically referred to include, but are not limited to company websites, annual reports, financial reports, broker reports, investor presentations, SEC filings, Plastemart magazine, TPE magazine, internal and external proprietary databases, relevant patent and regulatory databases such as ICIS, Hoover’s, oneSOURCE, Factiva, and Bloomberg; national government documents, statistical databases, trade journals, market reports, news articles, press releases, and webcasts specific to companies operating in the market.
Asia Pacific Methyl Tertiary-Butyl Ether (MTBE) Market: Research Methodology
We conduct primary interviews on an ongoing basis with industry participants and commentators to validate data and analysis. These help validate and strengthen secondary research findings. These also help develop the analysis team’s expertise and market understanding.
Detailed analysis of various factors driving the MTBE market in Asia Pacific has been included for incisive decision-making. Impact of these drivers has been analyzed with the data to support research findings. Furthermore, factors restraining the market growth have been included for better understanding of the market. Impact of these restraints has been analyzed over the course of the forecast period. The report also comprises various opportunities available for market growth during the next 10 years. Opportunities entail untapped or recently explored factors that are anticipated to drive the MTBE market in Asia Pacific during the forecast period.
Porter’s Five Forces Model has been utilized to determine the degree of competition in the MTBE market in Asia Pacific during the forecast period. Furthermore, market attractiveness analysis has been conducted to analyze application segments that are expected to be lucrative during the forecast period. This is based on various factors such as market size, growth rate, profitability, governmental regulations, and competition in the respective application segment. In order to gauge the demand-supply scenario, historical data from 2011–2015 has been incorporated in the report. Moreover, the present and past capacity additions (overall production capacity) and production utilization rate have also been discussed in the report.
Based on application, the MTBE market in Asia Pacific has been segmented into gasoline, isobutene, solvent & extractant, and others. The report comprises detailed analysis of all segments of the MTBE market in Asia Pacific and forecast based on current and future trends in the market, in terms of volume (kilo tons) and revenue (US$ Mn). Demand for MTBE in every application segment has been analyzed and forecast for the period of 10 years.
This report segments the MTBE market in Asia Pacific as follows:
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