MARKET INTRODUCTION
Ethyl tert-butyl ether (ETBE) is primarily used as an oxygenate gasoline additive in the production of gasoline from crude oil. It is used as an engine fuel additive to reduce emissions of carbon monoxide and soot. It is ether and a volatile organic compound. Unlike ethanol, ethyl tert-butyl ether does not induce evaporation of gasoline, which is one of the causes of smog and does not absorb moisture from the atmosphere. Ethyl tert-butyl ether is manufactured on an industrial scale by the acidic etherification of isobutylene with ethanol at a temperature of 30-110 ?C.
MARKET DYNAMICS
The ethyl tertiary butyl ether market has witnessed a significant growth owing to factors such as growing application in different end-use industries including pharmaceutical, chemical, petrochemical, paints and coatings, and others. Ethyl tertiary butyl ether is used as an octane booster to replace carcinogenic and toxic compounds such as lead. Ethyl tertiary butyl ether has characteristic properties such as high octane number, low vapor pressure, and low boiling point, which makes it a multipurpose gasoline blending component for the refiners by satisfying both the needs of incorporating bio component and octane rating. However, fluctuation in the raw material prices may hamper this market in the near future. Nevertheless, with the robust growth in the petrochemical and paint & coatings industry, there is an opportunity for the market players to invest in this market.
MARKET SCOPE
The "Global Ethyl Tertiary Butyl Ether Market Analysis to 2028" is a specialized and in-depth study of the chemical and materials industry with a special focus on the global market trend analysis. The report aims to provide an overview of the ethyl tertiary butyl ether market with detailed market segmentation by end-use industry, distribution channel, and geography. The global ethyl tertiary butyl ether market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading ethyl tertiary butyl ether market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global ethyl tertiary butyl ether market is segmented on the basis of end-use industry and distribution channel. On the basis of end-use industry, the ethyl tertiary butyl ether market is segmented into pharmaceutical, chemical, petrochemical, paints and coatings, and others. The ethyl tertiary butyl ether market on the basis of the distribution channel is classified into online retailing and offline retailing.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global ethyl tertiary butyl ether market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The ethyl tertiary butyl ether market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the ethyl tertiary butyl ether market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the ethyl tertiary butyl ether market in these regions.
MARKET PLAYERS
The reports cover various key developments in the global ethyl tertiary butyl ether market. Various companies are focusing growth strategies such as product launches, product approvals and others such as patents and events. Some of the growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from ethyl tertiary butyl ether market are anticipated to lucrative growth opportunities in the future with the rising demand for ethyl tertiary butyl ether in the global market. Below mentioned is the list of few companies engaged in the ethyl tertiary butyl ether market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the ethyl tertiary butyl ether market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- China National Petroleum Corporation
- Emirates National Oil Company
- Evonik Industries AG
- Exxon Mobil Corporation
- Huntsman Corporation
- Reliance Industries Limited
- Royal Dutch Shell PLC
- Sinopec
- SABIC
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.