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Methyl Tertiary Butyl Ether Market worth 18.99 Billion USD by 2022

Methyl Tertiary Butyl Ether Market worth 18.99 Billion USD by 2022

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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Methyl Tertiary Butyl Ether Market worth 18.99 Billion USD by 2022

Methyl Tertiary Butyl Ether Market worth 18.99 Billion USD by 2022

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", 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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Methyl Tertiary Butyl Ether Market worth 18.99 Billion USD by 2022

Methyl Tertiary Butyl Ether Market worth 18.99 Billion USD by 2022

Global Methyl Tertiary Butyl Ether (MTBE) market was valued at USD 14.33 Billion in 2016 and projected to reach USD 18.99 Billion by 2022, at a CAGR of 4.8% during the forecast period. The use of MTBE as oxygenate is rising rapidly in Asian and Middle Eastern & African countries due to environmental restrictions to curb air pollution.

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55 views • 4 slides

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