Chemicals and Materials Methyl Tertiary Butyl Ether Market New

The report "Methyl Tertiary Butyl Ether Market by Manufacturing Process, (Steam
Cracker, Fluid Liquid Cracker), Application (Gasoline), and Region (North
America, Europe, APAC, Latin America, Middle East & Africa) - Global Forecast to
2022" published by MarketsandMarkets™, the Methyl Tertiary Butyl Ether (MTBE) market
is projected to reach USD 18.99 Billion by 2022 from an estimated USD 14.99 Billion in
2017, at a CAGR of 4.8% from 2017 to 2022. Major factors fueling the growth of the MTBE
market are the growing demand from the gasoline application, increasing demand for the
MTBE oxygenate from the APAC region, and stringent environmental regulations in the
emerging economies.
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Based on application, the gasoline segment is projected to lead the MTBE market
during the forecast period
More than 90% MTBE is used for gasoline blending due to its high consumption in terms of
volume. When used in gasoline engines, it enables reduction in the knocking effect that
leads to inefficient burning and engine damage. MTBE has been used in gasoline since 1979
due to environmental and health concerns. The use of MTBE as gasoline additive started
with the replacement of metallic additives, such as lead and Methylcyclopentadienyl