Press release
Methyl Tertiary-Butyl Ether Market Research Report : Key Growth Factors and Forecast 2026
View Full Report: https://www.transparencymarketresearch.com/asia-pacific-methyl-tertiary-butyl-ether-market.html
The MTBE market in Asia Pacific has been segmented on the basis of region into China, India, and ASEAN. China accounts for a significant share in the MTBE market, followed by ASEAN and India.
Gasoline is one of the major applications of methyl tertiary-butyl ether; therefore, a rise in the demand for gasoline in the automotive industry in China is anticipated to propel the demand for MTBE in the country. The China MTBE market is also projected to be augmented by the ongoing expansion of various end-use industries that employ downstream products with MTBE. This market depends majorly on imports from India, the ASEAN sub-region, and several countries in the Middle East such as Saudi Arabia and Qatar. However, of late, existing players in China have been focused on increasing their domestic production to meet the local demand. Untapped local players producing MTBE in small quantities are likely to boost the production of methyl tertiary-butyl ether in China, making the country a key producer in the next few years.
Countries such as Malaysia, Singapore, and Thailand primarily account for the production of MTBE in the ASEAN sub-region of Asia Pacific. A consistent growth in various end-user industries and the easy availability of raw material are key factors responsible for the growth in this market.
Major players operating in the MTBE market in Asia Pacific include Reliance Industries Limited, Malaysia Sdn Bhd (Petronas), Petrochemical Corporation of Singapore, ExxonMobil Chemical Company (Singapore), Indian Oil Corporation Limited, Bangkok Synthetics Co., Ltd. (Thailand), Pertamina (Thailand), Sinopec Jinling and Wanhua Chemical Group Co Ltd, and Bharat Petroleum.
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