Methyl Tertiary Butyl Ether (MTBE) Market Growth Report and Size by 2031
The Methyl Tertiary Butyl Ether (MTBE) Market is expected to register a CAGR of 5% from 2023 to 2031, with a market size expanding from US$ XX million in 2023 to US$ XX Million by 2031.
The report is segmented by manufacturing process (steam cracker, fluid liquid cracker, others). The report further presents analysis based on end-use industry (automotive, pharmaceutical, agrochemicals, others). Global analysis is further broken-down at regional level and major countries. In terms of geography, the market is divided into North America, Europe, Asia Pacific, Middle East and Africa, and South and Central America). The report offers the Value in USD for the above analysis and segments.
Purpose of the ReportThe report Methyl Tertiary Butyl Ether (MTBE) Market by The Insight Partners aims to describe the present landscape and future growth, top driving factors, challenges, and opportunities. This will provide insights to various business stakeholders, such as:
- Technology Providers/Manufacturers: To understand the evolving market dynamics and know the potential growth opportunities, enabling them to make informed strategic decisions.
- Investors: To conduct a comprehensive trend analysis regarding the market growth rate, market financial projections, and opportunities that exist across the value chain.
- Regulatory bodies: To regulate policies and police activities in the market with the aim of minimizing abuse, preserving investor trust and confidence, and upholding the integrity and stability of the market.
Methyl Tertiary Butyl Ether (MTBE) Market Segmentation
Manufacturing Process- Steam Cracker
- Fluid Liquid Cracker
- Others
- Automotive
- Pharmaceutical
- Agrochemicals
- Others
Strategic Insights
Methyl Tertiary Butyl Ether (MTBE) Market Growth Drivers- MTBE's Role in Fuel Emissions Reduction and Combustion Enhancement: MTBE is a widely used oxygenate in fuels, especially in gasoline, to assist in the combustion process and thereby curb the emission of pollutants. Owing to this and other reasons such as tightened regulations on emissions and a demand to use cleaner fuels, the use of MTBE in automotive applications and the fuel industry at large is on the upward trend.
- MTBE’s Contribution to High-Octane Fuels and Improving Fuel Efficiency: The need for high-octane fuels is pushing the use of MTBE in gasolines. In developing countries, where fuel quality standards are rising, MTBE is included in automotive fuels as it improves fuel efficiency and enhances engine performance.
- MTBE as a Key Feedstock for Chemical Manufacturing and Derivatives: MTBE serves as a feedstock for isobutene, which is essential in making products like lubricants, synthetic rubber, and plasticizers. In addition to the growth of the global chemical manufacturing sector, demand for MTBE is buoyed by its ability to provide important building blocks for other chemicals.
- Shift Towards Ethanol as a Sustainable Alternative to MTBE: With the increase in worries about the effects of MTBE on the environment, more and more nations are turning towards ethanol as a fuel oxygenator. This is mainly as a result of the prohibition of MTBE in favor of biological sources such as ethanol in North America and Europe, as well as sustainability’s drive.
- Technological Advancements: The MTBE market is currently undergoing changes in terms of production with the introduction of advanced catalytic processes as well as renewable resources for feedstock. These developments assist in minimizing costs of production, increasing the output and decreasing the environmental effect which allow the manufacturers to supply the increasing market demand within changing environmental laws.
- Impact of MTBE Phase-Out and Regulations on Market Demand: The gradual phase-out of MTBE around the world is strongly linked with the ban imposed by the governing bodies due to the groundwater pollution issues. In light of this, one can observe more and more countries such as the countries of Europe and North America, employing alternative fuel additives such as ethanol for gasoline rather than MTBE, which causes a downturn in its demand.
- Continued Demand for MTBE in High-Growth Automotive Markets: In regions experiencing a boom in the auto industry, for instance, Asia-Pacific, high-octane fuels continue to be in high demand. This trend is favorable for MTBE especially in those countries where regulations are less rigid, making it easier for the compound to be used as a fuel oxygenate and a blending component.
- Growing Demand in Automotive, Packaging, and Construction Industries: Isobutene production a major source which is polymerized further to create useful hydrocarbons like in the production of synthetic rubber and plastics. Furthermore, it is worth noticing that there has been an increase on the demand of these composite materials wore in the automobile, packaging, and construction industries hence MTBE as a feedstock represents an important area for growth.
- Opportunities in Recycling and Re-Use Technologies for MTBE: Society is becoming more focused on sustainability so there is a space for development for those wishing to create technologies on the recycling and re-use of MTBE. New technologies that facilitate efficient recovery and re-use of MTBE could help mitigate ecological concerns, support the green market, and create additional sources of income for manufacturers eager to produce ecology-friendlier fuels.
Market Report Scope
Key Selling Points
- Comprehensive Coverage: The report comprehensively covers the analysis of products, services, types, and end users of the Methyl Tertiary Butyl Ether (MTBE) Market, providing a holistic landscape.
- Expert Analysis: The report is compiled based on the in-depth understanding of industry experts and analysts.
- Up-to-date Information: The report assures business relevance due to its coverage of recent information and data trends.
- Customization Options: This report can be customized to cater to specific client requirements and suit the business strategies aptly.
The research report on the Methyl Tertiary Butyl Ether (MTBE) Market can, therefore, help spearhead the trail of decoding and understanding the industry scenario and growth prospects. Although there can be a few valid concerns, the overall benefits of this report tend to outweigh the disadvantages.
REGIONAL FRAMEWORK
Have a question?
Shejal
Shejal will walk you through a 15-minute call to present the report’s content and answer all queries if you have any.
Speak to Analyst
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
This text is related
to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
This text is related
to country scope.
Frequently Asked Questions
The Methyl Tertiary Butyl Ether (MTBE) Market is estimated to witness a CAGR of 5% from 2023 to 2031
Rising demand for clean fuel and expansion of gasoline blending are the major factors driving methyl tertiary butyl ether (MTBE) market.
Technological advancements in MTBE production and shift towards ethanol blending are the major trends in the market.
Eni S.p.A., ENOC Company, Evonik Industries AG, Huntsman International LLC, LyondellBasell Industries Holdings B.V., Qatar Fuel Additives Company (QAFAC), Reliance Industries Limited, Royal Dutch Shell plc, SABIC, Sinopec Corp. are the key players operating in the methyl tertiary butyl ether (MTBE) market.
Based on geography, North America held the largest share of the methyl tertiary butyl ether (MTBE) market.
The report can be delivered in PDF/Word format, we can also share excel data sheet based on request.
1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Methyl Tertiary Butyl Ether (MTBE) Market - By Manufacturing Process
1.3.2 Methyl Tertiary Butyl Ether (MTBE) Market - By Application
1.3.3 Methyl Tertiary Butyl Ether (MTBE) Market - By End-Use Industry
1.3.4 Methyl Tertiary Butyl Ether (MTBE) Market - By Region
1.3.4.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. METHYL TERTIARY BUTYL ETHER (MTBE) MARKET LANDSCAPE
4.1. OVERVIEW
4.2. PEST ANALYSIS
4.2.1 North America - Pest Analysis
4.2.2 Europe - Pest Analysis
4.2.3 Asia-Pacific - Pest Analysis
4.2.4 Middle East and Africa - Pest Analysis
4.2.5 South and Central America - Pest Analysis
4.3. EXPERT OPINIONS
5. METHYL TERTIARY BUTYL ETHER (MTBE) MARKET - KEY MARKET DYNAMICS
5.1. KEY MARKET DRIVERS
5.2. KEY MARKET RESTRAINTS
5.3. KEY MARKET OPPORTUNITIES
5.4. FUTURE TRENDS
5.5. IMPACT ANALYSIS OF DRIVERS, RESTRAINTS & EXPECTED INFLUENCE OF COVID-19 PANDEMIC
6. METHYL TERTIARY BUTYL ETHER (MTBE) MARKET - GLOBAL MARKET ANALYSIS
6.1. METHYL TERTIARY BUTYL ETHER (MTBE) - GLOBAL MARKET OVERVIEW
6.2. METHYL TERTIARY BUTYL ETHER (MTBE) - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE
7. METHYL TERTIARY BUTYL ETHER (MTBE) MARKET - REVENUE AND FORECASTS TO 2028 - MANUFACTURING PROCESS
7.1. OVERVIEW
7.2. MANUFACTURING PROCESS MARKET FORECASTS AND ANALYSIS
7.3. STEAM CRACKER
7.3.1. Overview
7.3.2. Steam Cracker Market Forecast and Analysis
7.4. FLUID LIQUID CRACKER
7.4.1. Overview
7.4.2. Fluid Liquid Cracker Market Forecast and Analysis
7.5. OTHERS
7.5.1. Overview
7.5.2. Others Market Forecast and Analysis
8. METHYL TERTIARY BUTYL ETHER (MTBE) MARKET - REVENUE AND FORECASTS TO 2028 - APPLICATION
8.1. OVERVIEW
8.2. APPLICATION MARKET FORECASTS AND ANALYSIS
8.3. GASOLINE ADDITIVE
8.3.1. Overview
8.3.2. Gasoline Additive Market Forecast and Analysis
8.4. ISOBUTENE
8.4.1. Overview
8.4.2. Isobutene Market Forecast and Analysis
8.5. SOLVENT AND EXTRACTANT
8.5.1. Overview
8.5.2. Solvent and Extractant Market Forecast and Analysis
8.6. OTHERS
8.6.1. Overview
8.6.2. Others Market Forecast and Analysis
9. METHYL TERTIARY BUTYL ETHER (MTBE) MARKET - REVENUE AND FORECASTS TO 2028 - END-USE INDUSTRY
9.1. OVERVIEW
9.2. END-USE INDUSTRY MARKET FORECASTS AND ANALYSIS
9.3. AUTOMOTIVE
9.3.1. Overview
9.3.2. Automotive Market Forecast and Analysis
9.4. ELECTRONICS
9.4.1. Overview
9.4.2. Electronics Market Forecast and Analysis
9.5. OTHERS
9.5.1. Overview
9.5.2. Others Market Forecast and Analysis
10. METHYL TERTIARY BUTYL ETHER (MTBE) MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
10.1. NORTH AMERICA
10.1.1 North America Methyl Tertiary Butyl Ether (MTBE) Market Overview
10.1.2 North America Methyl Tertiary Butyl Ether (MTBE) Market Forecasts and Analysis
10.1.3 North America Methyl Tertiary Butyl Ether (MTBE) Market Forecasts and Analysis - By Manufacturing Process
10.1.4 North America Methyl Tertiary Butyl Ether (MTBE) Market Forecasts and Analysis - By Application
10.1.5 North America Methyl Tertiary Butyl Ether (MTBE) Market Forecasts and Analysis - By End-Use Industry
10.1.6 North America Methyl Tertiary Butyl Ether (MTBE) Market Forecasts and Analysis - By Countries
10.1.6.1 United States Methyl Tertiary Butyl Ether (MTBE) Market
10.1.6.1.1 United States Methyl Tertiary Butyl Ether (MTBE) Market by Manufacturing Process
10.1.6.1.2 United States Methyl Tertiary Butyl Ether (MTBE) Market by Application
10.1.6.1.3 United States Methyl Tertiary Butyl Ether (MTBE) Market by End-Use Industry
10.1.6.2 Canada Methyl Tertiary Butyl Ether (MTBE) Market
10.1.6.2.1 Canada Methyl Tertiary Butyl Ether (MTBE) Market by Manufacturing Process
10.1.6.2.2 Canada Methyl Tertiary Butyl Ether (MTBE) Market by Application
10.1.6.2.3 Canada Methyl Tertiary Butyl Ether (MTBE) Market by End-Use Industry
10.1.6.3 Mexico Methyl Tertiary Butyl Ether (MTBE) Market
10.1.6.3.1 Mexico Methyl Tertiary Butyl Ether (MTBE) Market by Manufacturing Process
10.1.6.3.2 Mexico Methyl Tertiary Butyl Ether (MTBE) Market by Application
10.1.6.3.3 Mexico Methyl Tertiary Butyl Ether (MTBE) Market by End-Use Industry
10.2. EUROPE
10.2.1 Europe Methyl Tertiary Butyl Ether (MTBE) Market Overview
10.2.2 Europe Methyl Tertiary Butyl Ether (MTBE) Market Forecasts and Analysis
10.2.3 Europe Methyl Tertiary Butyl Ether (MTBE) Market Forecasts and Analysis - By Manufacturing Process
10.2.4 Europe Methyl Tertiary Butyl Ether (MTBE) Market Forecasts and Analysis - By Application
10.2.5 Europe Methyl Tertiary Butyl Ether (MTBE) Market Forecasts and Analysis - By End-Use Industry
10.2.6 Europe Methyl Tertiary Butyl Ether (MTBE) Market Forecasts and Analysis - By Countries
10.2.6.1 Germany Methyl Tertiary Butyl Ether (MTBE) Market
10.2.6.1.1 Germany Methyl Tertiary Butyl Ether (MTBE) Market by Manufacturing Process
10.2.6.1.2 Germany Methyl Tertiary Butyl Ether (MTBE) Market by Application
10.2.6.1.3 Germany Methyl Tertiary Butyl Ether (MTBE) Market by End-Use Industry
10.2.6.2 France Methyl Tertiary Butyl Ether (MTBE) Market
10.2.6.2.1 France Methyl Tertiary Butyl Ether (MTBE) Market by Manufacturing Process
10.2.6.2.2 France Methyl Tertiary Butyl Ether (MTBE) Market by Application
10.2.6.2.3 France Methyl Tertiary Butyl Ether (MTBE) Market by End-Use Industry
10.2.6.3 Italy Methyl Tertiary Butyl Ether (MTBE) Market
10.2.6.3.1 Italy Methyl Tertiary Butyl Ether (MTBE) Market by Manufacturing Process
10.2.6.3.2 Italy Methyl Tertiary Butyl Ether (MTBE) Market by Application
10.2.6.3.3 Italy Methyl Tertiary Butyl Ether (MTBE) Market by End-Use Industry
10.2.6.4 United Kingdom Methyl Tertiary Butyl Ether (MTBE) Market
10.2.6.4.1 United Kingdom Methyl Tertiary Butyl Ether (MTBE) Market by Manufacturing Process
10.2.6.4.2 United Kingdom Methyl Tertiary Butyl Ether (MTBE) Market by Application
10.2.6.4.3 United Kingdom Methyl Tertiary Butyl Ether (MTBE) Market by End-Use Industry
10.2.6.5 Russia Methyl Tertiary Butyl Ether (MTBE) Market
10.2.6.5.1 Russia Methyl Tertiary Butyl Ether (MTBE) Market by Manufacturing Process
10.2.6.5.2 Russia Methyl Tertiary Butyl Ether (MTBE) Market by Application
10.2.6.5.3 Russia Methyl Tertiary Butyl Ether (MTBE) Market by End-Use Industry
10.2.6.6 Rest of Europe Methyl Tertiary Butyl Ether (MTBE) Market
10.2.6.6.1 Rest of Europe Methyl Tertiary Butyl Ether (MTBE) Market by Manufacturing Process
10.2.6.6.2 Rest of Europe Methyl Tertiary Butyl Ether (MTBE) Market by Application
10.2.6.6.3 Rest of Europe Methyl Tertiary Butyl Ether (MTBE) Market by End-Use Industry
10.3. ASIA-PACIFIC
10.3.1 Asia-Pacific Methyl Tertiary Butyl Ether (MTBE) Market Overview
10.3.2 Asia-Pacific Methyl Tertiary Butyl Ether (MTBE) Market Forecasts and Analysis
10.3.3 Asia-Pacific Methyl Tertiary Butyl Ether (MTBE) Market Forecasts and Analysis - By Manufacturing Process
10.3.4 Asia-Pacific Methyl Tertiary Butyl Ether (MTBE) Market Forecasts and Analysis - By Application
10.3.5 Asia-Pacific Methyl Tertiary Butyl Ether (MTBE) Market Forecasts and Analysis - By End-Use Industry
10.3.6 Asia-Pacific Methyl Tertiary Butyl Ether (MTBE) Market Forecasts and Analysis - By Countries
10.3.6.1 Australia Methyl Tertiary Butyl Ether (MTBE) Market
10.3.6.1.1 Australia Methyl Tertiary Butyl Ether (MTBE) Market by Manufacturing Process
10.3.6.1.2 Australia Methyl Tertiary Butyl Ether (MTBE) Market by Application
10.3.6.1.3 Australia Methyl Tertiary Butyl Ether (MTBE) Market by End-Use Industry
10.3.6.2 China Methyl Tertiary Butyl Ether (MTBE) Market
10.3.6.2.1 China Methyl Tertiary Butyl Ether (MTBE) Market by Manufacturing Process
10.3.6.2.2 China Methyl Tertiary Butyl Ether (MTBE) Market by Application
10.3.6.2.3 China Methyl Tertiary Butyl Ether (MTBE) Market by End-Use Industry
10.3.6.3 India Methyl Tertiary Butyl Ether (MTBE) Market
10.3.6.3.1 India Methyl Tertiary Butyl Ether (MTBE) Market by Manufacturing Process
10.3.6.3.2 India Methyl Tertiary Butyl Ether (MTBE) Market by Application
10.3.6.3.3 India Methyl Tertiary Butyl Ether (MTBE) Market by End-Use Industry
10.3.6.4 Japan Methyl Tertiary Butyl Ether (MTBE) Market
10.3.6.4.1 Japan Methyl Tertiary Butyl Ether (MTBE) Market by Manufacturing Process
10.3.6.4.2 Japan Methyl Tertiary Butyl Ether (MTBE) Market by Application
10.3.6.4.3 Japan Methyl Tertiary Butyl Ether (MTBE) Market by End-Use Industry
10.3.6.5 South Korea Methyl Tertiary Butyl Ether (MTBE) Market
10.3.6.5.1 South Korea Methyl Tertiary Butyl Ether (MTBE) Market by Manufacturing Process
10.3.6.5.2 South Korea Methyl Tertiary Butyl Ether (MTBE) Market by Application
10.3.6.5.3 South Korea Methyl Tertiary Butyl Ether (MTBE) Market by End-Use Industry
10.3.6.6 Rest of Asia-Pacific Methyl Tertiary Butyl Ether (MTBE) Market
10.3.6.6.1 Rest of Asia-Pacific Methyl Tertiary Butyl Ether (MTBE) Market by Manufacturing Process
10.3.6.6.2 Rest of Asia-Pacific Methyl Tertiary Butyl Ether (MTBE) Market by Application
10.3.6.6.3 Rest of Asia-Pacific Methyl Tertiary Butyl Ether (MTBE) Market by End-Use Industry
10.4. MIDDLE EAST AND AFRICA
10.4.1 Middle East and Africa Methyl Tertiary Butyl Ether (MTBE) Market Overview
10.4.2 Middle East and Africa Methyl Tertiary Butyl Ether (MTBE) Market Forecasts and Analysis
10.4.3 Middle East and Africa Methyl Tertiary Butyl Ether (MTBE) Market Forecasts and Analysis - By Manufacturing Process
10.4.4 Middle East and Africa Methyl Tertiary Butyl Ether (MTBE) Market Forecasts and Analysis - By Application
10.4.5 Middle East and Africa Methyl Tertiary Butyl Ether (MTBE) Market Forecasts and Analysis - By End-Use Industry
10.4.6 Middle East and Africa Methyl Tertiary Butyl Ether (MTBE) Market Forecasts and Analysis - By Countries
10.4.6.1 South Africa Methyl Tertiary Butyl Ether (MTBE) Market
10.4.6.1.1 South Africa Methyl Tertiary Butyl Ether (MTBE) Market by Manufacturing Process
10.4.6.1.2 South Africa Methyl Tertiary Butyl Ether (MTBE) Market by Application
10.4.6.1.3 South Africa Methyl Tertiary Butyl Ether (MTBE) Market by End-Use Industry
10.4.6.2 Saudi Arabia Methyl Tertiary Butyl Ether (MTBE) Market
10.4.6.2.1 Saudi Arabia Methyl Tertiary Butyl Ether (MTBE) Market by Manufacturing Process
10.4.6.2.2 Saudi Arabia Methyl Tertiary Butyl Ether (MTBE) Market by Application
10.4.6.2.3 Saudi Arabia Methyl Tertiary Butyl Ether (MTBE) Market by End-Use Industry
10.4.6.3 U.A.E Methyl Tertiary Butyl Ether (MTBE) Market
10.4.6.3.1 U.A.E Methyl Tertiary Butyl Ether (MTBE) Market by Manufacturing Process
10.4.6.3.2 U.A.E Methyl Tertiary Butyl Ether (MTBE) Market by Application
10.4.6.3.3 U.A.E Methyl Tertiary Butyl Ether (MTBE) Market by End-Use Industry
10.4.6.4 Rest of Middle East and Africa Methyl Tertiary Butyl Ether (MTBE) Market
10.4.6.4.1 Rest of Middle East and Africa Methyl Tertiary Butyl Ether (MTBE) Market by Manufacturing Process
10.4.6.4.2 Rest of Middle East and Africa Methyl Tertiary Butyl Ether (MTBE) Market by Application
10.4.6.4.3 Rest of Middle East and Africa Methyl Tertiary Butyl Ether (MTBE) Market by End-Use Industry
10.5. SOUTH AND CENTRAL AMERICA
10.5.1 South and Central America Methyl Tertiary Butyl Ether (MTBE) Market Overview
10.5.2 South and Central America Methyl Tertiary Butyl Ether (MTBE) Market Forecasts and Analysis
10.5.3 South and Central America Methyl Tertiary Butyl Ether (MTBE) Market Forecasts and Analysis - By Manufacturing Process
10.5.4 South and Central America Methyl Tertiary Butyl Ether (MTBE) Market Forecasts and Analysis - By Application
10.5.5 South and Central America Methyl Tertiary Butyl Ether (MTBE) Market Forecasts and Analysis - By End-Use Industry
10.5.6 South and Central America Methyl Tertiary Butyl Ether (MTBE) Market Forecasts and Analysis - By Countries
10.5.6.1 Brazil Methyl Tertiary Butyl Ether (MTBE) Market
10.5.6.1.1 Brazil Methyl Tertiary Butyl Ether (MTBE) Market by Manufacturing Process
10.5.6.1.2 Brazil Methyl Tertiary Butyl Ether (MTBE) Market by Application
10.5.6.1.3 Brazil Methyl Tertiary Butyl Ether (MTBE) Market by End-Use Industry
10.5.6.2 Argentina Methyl Tertiary Butyl Ether (MTBE) Market
10.5.6.2.1 Argentina Methyl Tertiary Butyl Ether (MTBE) Market by Manufacturing Process
10.5.6.2.2 Argentina Methyl Tertiary Butyl Ether (MTBE) Market by Application
10.5.6.2.3 Argentina Methyl Tertiary Butyl Ether (MTBE) Market by End-Use Industry
10.5.6.3 Rest of South and Central America Methyl Tertiary Butyl Ether (MTBE) Market
10.5.6.3.1 Rest of South and Central America Methyl Tertiary Butyl Ether (MTBE) Market by Manufacturing Process
10.5.6.3.2 Rest of South and Central America Methyl Tertiary Butyl Ether (MTBE) Market by Application
10.5.6.3.3 Rest of South and Central America Methyl Tertiary Butyl Ether (MTBE) Market by End-Use Industry
11. INDUSTRY LANDSCAPE
11.1. MERGERS AND ACQUISITIONS
11.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
11.3. NEW PRODUCT LAUNCHES
11.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
12. METHYL TERTIARY BUTYL ETHER (MTBE) MARKET, KEY COMPANY PROFILES
12.1. ENI S.P.A.
12.1.1. Key Facts
12.1.2. Business Description
12.1.3. Products and Services
12.1.4. Financial Overview
12.1.5. SWOT Analysis
12.1.6. Key Developments
12.2. ENOC COMPANY
12.2.1. Key Facts
12.2.2. Business Description
12.2.3. Products and Services
12.2.4. Financial Overview
12.2.5. SWOT Analysis
12.2.6. Key Developments
12.3. EVONIK INDUSTRIES AG
12.3.1. Key Facts
12.3.2. Business Description
12.3.3. Products and Services
12.3.4. Financial Overview
12.3.5. SWOT Analysis
12.3.6. Key Developments
12.4. HUNTSMAN INTERNATIONAL LLC
12.4.1. Key Facts
12.4.2. Business Description
12.4.3. Products and Services
12.4.4. Financial Overview
12.4.5. SWOT Analysis
12.4.6. Key Developments
12.5. LYONDELLBASELL INDUSTRIES HOLDINGS B.V.
12.5.1. Key Facts
12.5.2. Business Description
12.5.3. Products and Services
12.5.4. Financial Overview
12.5.5. SWOT Analysis
12.5.6. Key Developments
12.6. QATAR FUEL ADDITIVES COMPANY (QAFAC)
12.6.1. Key Facts
12.6.2. Business Description
12.6.3. Products and Services
12.6.4. Financial Overview
12.6.5. SWOT Analysis
12.6.6. Key Developments
12.7. RELIANCE INDUSTRIES LIMITED
12.7.1. Key Facts
12.7.2. Business Description
12.7.3. Products and Services
12.7.4. Financial Overview
12.7.5. SWOT Analysis
12.7.6. Key Developments
12.8. ROYAL DUTCH SHELL PLC
12.8.1. Key Facts
12.8.2. Business Description
12.8.3. Products and Services
12.8.4. Financial Overview
12.8.5. SWOT Analysis
12.8.6. Key Developments
12.9. SABIC
12.9.1. Key Facts
12.9.2. Business Description
12.9.3. Products and Services
12.9.4. Financial Overview
12.9.5. SWOT Analysis
12.9.6. Key Developments
12.10. SINOPEC CORP.
12.10.1. Key Facts
12.10.2. Business Description
12.10.3. Products and Services
12.10.4. Financial Overview
12.10.5. SWOT Analysis
12.10.6. Key Developments
13. APPENDIX
13.1. ABOUT THE INSIGHT PARTNERS
13.2. GLOSSARY OF TERMS
1.Eni S.p.A.
2.ENOC Company
3.Evonik Industries AG
4.Huntsman International LLC
5.LyondellBasell Industries Holdings B.V.
6.Qatar Fuel Additives Company (QAFAC)
7.Reliance Industries Limited
8.Royal Dutch Shell plc
9.SABIC
10.Sinopec Corp.
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
Get Free Sample For