In 2022, it is anticipated that for ethyl tertiary butyl ether market will be worth around US$ 5.6 billion. Additionally, due to growing demand for ethyl tertiary butyl ether from a variety of end-use industries, such as the chemical, petrochemical, and paints & coatings sectors, the global market is anticipated to grow at a healthy 9.2% CAGR between 2022 and 2032, reaching a value of roughly US$ 11 Billion by that time.
Ethyl tertiary butyl ether is a biofuel commonly known as ETBE and is a clear colorless liquid or pale yellow liquid. Ethyl tertiary butyl ether is generally used as an oxygenate additive during the production of gasoline from crude oil. Ethyl tertiary butyl ether is logistically and technically less challenging and provides greater air quality than ethanol.
Commercially ethyl tertiary butyl ether is manufactured by acid etherification of isobutylene with ethanol, and an ion-exchange resin is used as a catalyst. Fixed bed reactors or circulation reactors are suitable for the production of ethyl tertiary butyl ether.
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Ethyl tertiary butyl ether is used as an octane booster to replace carcinogenic and toxic compounds such as lead. Ethyl tertiary butyl ether has characteristic properties such as high octane number, low vapor pressure and low boiling point which makes it a multipurpose gasoline blending component for the refiners by satisfying both the needs of incorporating bio component and octane rating.
Ethyl tertiary butyl ether makes it easy for petroleum companies to fine-tune with the changing gasoline market by adding it for upgrading naphtha to gasoline or for upgrading lower octane gasoline grades to higher ones while satisfying the increasingly inflexible environmental regulations.
Ethyl Tertiary Butyl Ether Market: Dynamics
Increasing demand for clean fuels with high combustion efficiency and with lower emission rates is the prime factor responsible for propelling the growth of the ethyl tertiary butyl ether market. Ethyl tertiary butyl ether is a prominent replacement or alternative for anti-knock additives like tetra ethyl lead and other alky lead additives as an octane booster.
Increasing demand for unleaded fuel is a driving factor for the growth ethyl tertiary butyl ether market. The use of alkyl lead compounds as octane booster increases vehicle emissions along with lead exposure, owing to the rising environmental concern has led to a shifting trend towards the use of ethyl tertiary butyl ether. Also, the growth of chemicals, and petrochemicals.
Ethyl Tertiary Butyl Ether Market: Key Participants
Examples of some of the market participants operating in the global ethyl tertiary butyl ether market are:
- LyondellBasell Industries Holdings B.V.
- Evonik Industries AG
- Repsol S.A.
- Total S.A.
- SABIC
- Braskem
- Neste
- PCK Raffinerie GmbH
- JXTG Nippon Oil & Energy Corporation
- PKN ORLEN
- Cosmo Oil
- Compañía Española de Petróleos, S.A.U., (CEPSA)
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Ethyl Tertiary Butyl Ether Market: Segmentation
The global ethyl tertiary butyl ether market can be segmented on the basis of grade, fuel type, and end-use industry:
By Grade:
- Low purity grade (<99%)
- High purity grade (≥99%)
By Fuel Type:
- Petrol
- Diesel
- Bio-Gasoline
By End-Use Industry:
- Chemical
- Petrochemical
- Pharmaceuticals
- Paints & Coatings
By Region:
- North America
- Latin America
- Western Europe
- Eastern Europe
- APEJ
- Japan
- Middle East and Africa
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Ethyl Tertiary Butyl Ether Market: Regional Outlook
Asia Pacific is estimated to be the prominent market for ethyl tertiary butyl ether, owing to the increasing gasoline production in countries such as China along with increasing vehicle fleet size. In regions such as Europe and North America, there has been an increase in regulations and mandates regarding gasoline fuels.
Owing to this there is rising demand for cleaner fuels, due to which the regions can be considered promising markets for the use of ethyl tertiary butyl ether. Latin America along with the Middle East & Africa will collectively make a potential market for ethyl tertiary butyl ether owing to the rising demand for unleaded fuel.
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