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Methyl Tertiary Butyl Ether (MTBE) Global Markets to 2020 - China Dominates Global MTBE Demand While Developed Regions Look to ETBE and Ethanol as Replacement Options: China Market Research Reports
ALBANY, New York, September 13, 2012 /PRNewswire/ --
Chinamarketresearchreports.org - New Industry Research Report Added in China Market Research Reports Database Methyl Tertiary Butyl Ether (MTBE) Global Markets to 2020 - China Dominates Global MTBE Demand While Developed Regions Look to ETBE and Ethanol as Replacement Options
Methyl Tertiary Butyl Ether (MTBE) Global Markets to 2020 China Dominates Global MTBE Demand While Developed Regions Look to ETBE and Ethanol as Replacement Options provides an in-depth analysis of the global MTBE market. The research presents detailed analysis and forecasts of the major economic and market trends affecting the MTBE markets in the major regions of the world. The report contains demand, production analysis and forecasts, drivers and restraints, end use analysis and forecasts, and market share analysis of the major producers in the major regions of the world. In addition, it includes demand and production forecasts for the major countries in all geographies. The report also contains the historic and forecast price trends for all the major countries. Overall, the report presents a comprehensive analysis of the global MTBE market covering all the major parameters.
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The Asia-Pacific region accounted for more than half of the global MTBE demand and was the largest market for MTBE in 2011, with 61.5% of global demand share. A large portion of MTBE demand in Asia-Pacific region comes from China which held around two third of regional demand.
The global demand for MTBE decreased from 19.3 million tons in 2000 to 12.1 million tons in 2011 at a Compound Annual Growth Rate (CAGR) of 4.2%. The decrease in global demand for MTBE was largely due to MTBE usage bans in the US and Canada. In the forecast period 2011-2020, the demand is expected to grow at a CAGR of 5.9%, with the increasing market dominance of Asia-Pacific region.
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Publisher: http://www.chinamarketresearchreports.org/publication/globaldata-1.htm GBI Research
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