Chemicals and Materials Methyl Tertiary Butyl Ether Market New | 页面 2

Manganese Tricarbonyl (MMT). APAC is the largest consumer of MTBE for gasoline
blending due to the expanding vehicle fleets and growing urbanization in the region.
Based on manufacturing process, the fluid liquid cracker segment is projected to
lead the MTBE market during the forecast period
The fluid liquid cracker process is similar to the steam cracker process with the only
difference being that the isobutene is extracted from FCC overheads. In this process,
capacity is determined by the feed availability. Usually, the plants manufacture in the range
of 20,000-70,000 tons per annum. This process is widely used, as it is the simplest and the
most feasible. This is a refinery-based process and the least expensive. APAC is expected to
lead in the fluid liquid cracker process in the MTBE market due to the rising refinery
capacity in the region during the forecast period.
APAC is the key region in MTBE market
In terms of volume, the APAC region Methyl Tertiary Butyl Ether Market is projected to
grow at the highest CAGR between 2017 and 2022, due to the increased demand for
gasoline in the region. This is a result of rapid economic expansion and increase in foreign
direct investment in countries, such as China and South Korea, the MTBE market is
expected to grow significantly during the next five years. Most of the countries in the APAC
region are emerging and cannot afford costly oxygenates, such as Ethanol and ETBE, due to
which there are no restrictions on blending MTBE with gasoline in the region. Some of the
world's largest MTBE producers, such as Sinopec (China), China National Petroleum
Corporation (China), and Petronas (Malaysia) are headquartered in the APAC
region. China is the largest consumer of MTBE and also has the highest production capacity
in the world.
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Some of the leading producers of MTBE are SABIC (Saudi Arabia), Evonik (Germany), China
National Petroleum Corporation (China), Huntsman International (US), Eni (Italy), Sinopec
(China), LyondellBasell (Netherlands), Shell (Netherlands), Emirates National Oil Company
(UAE), and Qafac (QATAR). These players adopted various organic and inorganic
developmental strategies between 2013 and 2017.