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Octane Market Size by Key Players, Market Growth Factors, Regions and Application, Industry Analysis & Forecast By 2024

Octane, used as a short form for octane rating was originally determined by mixing a gasoline made entirely of heptane and 2,2,4-trimethylpentane. Octane became popular in the well-known American culture in the mid- and late 1960s, when gasoline companies boasted of “high octane” levels in their gasoline advertisements.<br>Therefore, high demand is reported for ethanol in the market. Increasing demand for octane from the petroleum industry is expected to enhance high growth of global octane market. The global octane market is expected to grow at a CAGR between 5.0 to 6.0% from 2019 to 2024.

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Octane Market Size by Key Players, Market Growth Factors, Regions and Application, Industry Analysis & Forecast By 2024

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