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Isobutene market size to maintain the average annual growth rate of 0.0228154795755 from 335.0 million $ in 2014 to 375.0 million $ in 2019, Market analysts believe that the market size of the Isobutene will reach 450.0 million $ by 2024.
#Isobutene#Isobutene Market#Isobutene Industry Analysis#Isobutene Market Size#Isobutene Market Share#Isobutene Market Trends#Isobutene Forecast#Isobutene Previous Data#Isobutene Vendors
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Natural Gas Liquids (NGLs) Market Demands Analysis By Regions, forecast 2021 to 2026: ConocoPhillips Company, SM Energy
The global research report titled “Natural Gas Liquids (NGLs) Market” has recently been published by The Research Insights which helps to provide guidelines for the businesses. It has been aggregated based on different key pillars of businesses such as drivers, restraints, and global opportunities. This Natural Gas Liquids (NGLs) Market research report has been compiled by using primary and secondary research techniques. Finally, researchers direct their focus on some significant points to give a gist about investment, profit margin, and revenue.
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The report presents the market competitive landscape and a corresponding detailed analysis of the major vendor/key players in the market. Top Companies in the Global Natural Gas Liquids (NGLs) Market: ConocoPhillips Company, SM Energy, BP Plc, Linn Energy, Statoil ASA, Swift Energy, Exxon Mobil Corporation, Royal Dutch Shell, Chesapeake Energy, Range Resources, Total, Chevron, Gazprom, Canadian Natural Resources, China National Petroleum Corporation, Eni, Rosneft, Petrobras, Lukoil, Chesapeake Energy, CNOOC, Suncor Energy, Devon Energy
This report segments the global Natural Gas Liquids (NGLs) Market based on Types are:
Propane
Ethane
Isobutene
Others
Based on Application, the Global Natural Gas Liquids (NGLs) Market is segmented into:
Cooking
Chemical Industry
Heating
Oil & Gas
Others
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Regional analysis of Global Natural Gas Liquids (NGLs) Market:
Geographically, the global Natural Gas Liquids (NGLs) Market has been fragmented into several regions such as North America, Latin America, Asia-Pacific, Africa, and Europe based on the productivity of several companies. Every segment along with its sub-segments is analyzed in the research report. The competitive landscape of the market has been elaborated by studying numerous factors such as top manufacturers, prices, and revenue.
The information on the global Natural Gas Liquids (NGLs) Market is accessible to readers in a logical chapter-wise format. Driving and restraining factors have been listed in this research report, which helps to understand positive and negative aspects in front of the businesses.
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What are the market factors that are explained in the report?
-Key Strategic Developments: The Natural Gas Liquids (NGLs) Market study also includes the key strategic developments of the market, comprising R&D, new product launch, M&A, agreements, collaborations, partnerships, joint ventures, and regional growth of the leading competitors operating in the market on a global and regional scale.
-Key Market Features: The Natural Gas Liquids (NGLs) Market report evaluated key market features, including revenue, price, capacity, capacity utilization rate, gross, production, production rate, consumption, import/export, supply/demand, cost, market share, CAGR, and gross margin. In addition, the study offers a comprehensive study of the key market dynamics and their latest trends, along with pertinent market segments and sub-segments.
-Analytical Tools: The Global Natural Gas Liquids (NGLs) Market report includes the accurately studied and assessed data of the key industry players and their scope in the market using several analytical tools. The analytical tools such as Porter’s five forces analysis, SWOT analysis, feasibility study, and investment return analysis have been used to analyze the key players' growth in the market.
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Global Natural Gas Liquids (NGLs) Market Research Report 2027
Summary- A new market study, titled “Global Natural Gas Liquids (NGLs) Market Research Report 2015-2027 of Major Types, Applications and Competitive Vendors in Top Regions and Countries” has been featured on Wiseguy Reports
The Global market for Natural Gas Liquids (NGLs) is estimated to grow at a CAGR of roughly X.X% in the next 8 years, and will reach USD X.X million in 2027, from USD X.X million in 2020.
Aimed to provide most segmented consumption and sales data of different types of Natural Gas Liquids (NGLs), downstream consumption fields and competitive landscape in different regions and countries around the world, this report analyzes the latest market data from the primary and secondary authoritative source.
The report also tracks the latest market dynamics, such as driving factors, restraining factors, and industry news like mergers, acquisitions, and investments. It provides market size (value and volume), market share, growth rate by types, applications, and combines both qualitative and quantitative methods to make micro and macro forecasts in different regions or countries.
Also Read: https://www.openpr.com/news/2109535/global-natural-gas-liquids-ngls-market-2020-industry
The report can help to understand the market and strategize for business expansion accordingly. In the strategy analysis, it gives insights from marketing channel and market positioning to potential growth strategies, providing in-depth analysis for new entrants or exists competitors in the Natural Gas Liquids (NGLs) industry.
The report focuses on the top players in terms of profiles, product analysis, sales, price, revenue, and gross margin.
Major players covered in this report:
Chesapeake Energy Corp.
ConocoPhillips Company
ExxonMobil Corp.
SM Energy
Statoil ASA
Swift Energy Company
Alkcon Corp.
Anadarko Petroleum Corp.
Canadian Natural Resources Limited
Chevron Corp.
BP Plc
Royal Dutch Shell Plc
Linn Energy LLC
Range Resources Corp.
By Type:
Propane
Ethane
Isobutene
Others
By Application:
Petrochemicals
Space Heating
Others
Geographically, the regional consumption and value analysis by types, applications, and countries are included in the report. Furthermore, it also introduces the major competitive players in these regions.
Major regions covered in the report:
North America
Europe
Asia-Pacific
Latin America
Middle East & Africa
Country-level segmentation in the report:
United States
Germany
UK
France
Italy
Spain
Poland
Russia
China
Japan
India
Indonesia
Thailand
Philippines
Malaysia
Singapore
Vietnam
Brazil
Saudi Arabia
United Arab Emirates
Qatar
Bahrain
Years considered for this report:
Historical Years: 2015-2019
Base Year: 2019
Estimated Year: 2020
Forecast Period: 2020-2027
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Global Methyl Tertiary-Butyl Ether Market: Sales, Consumption, Demand and Forecast 2019-2024): Evonik Industries, Sinopec Corporation, Petroliam Nasional Berhad (PETRONAS), etc.
The research study, titled “Global Methyl Tertiary-Butyl Ether market Research Report 2019,” evaluates the historical performance and the current status of this market for a detailed understanding, emphasizing especially on the dynamics of the demand and supply of Methyl Tertiary-Butyl Ether in 2024. The report begins from overview of Industry Chain structure, and describes industry environment, then analyses market size and forecast of Methyl Tertiary-Butyl Ether by product, region and application, in addition, this report introduces market competition situation among the vendors and company profile, besides, market price analysis and value chain features are covered in this report. This report presents a detailed study of the global market for Methyl Tertiary-Butyl Ether by evaluating the growth drivers, restraining factors, and opportunities at length. The examination of the prominent trends, driving forces, and the challenges assist the market participants and stakeholders to understand the issues they will have to face while operating in the worldwide market for Methyl Tertiary-Butyl Ether in the long run. Request for Sample Report Here @ https://www.acquiremarketresearch.com/sample-request/22941/ The research study further offers a study of the existing status of the key regional markets for Methyl Tertiary-Butyl Ether, namely, China, North America, Eastern Europe, Western Europe, Japan, the Middle East and Africa, and the Rest of Asia, on the basis of a number of significant Methyl Tertiary-Butyl Ether market parameters, such as, the production volume, pricing of the product, production capacity, sales, demand and supply dynamics, revenue, and the rate of growth of this Methyl Tertiary-Butyl Ether market in each of the regions. Several segments of the worldwide Methyl Tertiary-Butyl Ether market have also been discussed in this research report with thorough information, considering their historical and existing performance in the global arena. It further maps the competitive landscape of this Methyl Tertiary-Butyl Ether market by evaluating the company profiles of the leading market players, such as Evonik Industries, Sinopec Corporation, Petroliam Nasional Berhad (PETRONAS), YEOCHUN NCC CO., LTD., Reliance Industries Limited, Shandong Yuhuang Chemical (Group) Co., Ltd, LyondellBasell Industries Holdings B.V., PetroChina Company Limited On the basis of the product, the market has been classified into: Pharmaceutical Grade, Reagent Grade Based on the application, the market has been categorized into: Isobutene, Gasoline, Solvent & Extractant, Others For More Information On This Report, Please Visit @ https://www.acquiremarketresearch.com/industry-reports/methyl-tertiary-butyl-ether-market/22941/ The growth trajectory of each of the segments has been provided in this study, in global terms and in each of the regional markets, creating a descriptive analysis of the overall Methyl Tertiary-Butyl Ether market. This research study has also discussed the current and the upcoming ventures in the worldwide market for Methyl Tertiary-Butyl Ether at length, making it of special value for companies, consultants, and other stakeholders functioning in this Methyl Tertiary-Butyl Ether market.
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Asia Pacific Methyl Tertiary Butyl Ether Market Forecasts,and Supply Demand 2016–2026
MTBE – Methyl Tertiary Butyl Ether is used as a fuel component and is volatile, colorless, and a flammable liquid. The market for MTBE is dominated by Asia Pacific region. Few prominent players incorporate Sinopec Corp., PetroChina Company Ltd., Zibo Qixiang Petrochemical Group Limited, Heilongjiang Anruijia Petrochemical Company Ltd., and Shandong Yuhuang Chemical (Group) Company Ltd among others. The report published by TMR analyzed that the biggest manufacturer of MTBE is China owing to the continuous product expansion. In 2016, organizations such as Shangdong and Huntsman Corporation and Wanhua Chemical Group Company were continuously involved in product innovation and expansion. The market for methyl tertiary-butyl ether in Asia Pacific includes some other key players such as Reliance Industries Ltd., PETRONAS, LyondellBasell Ind. Holdings B.V., and Evonik Industries AG.
The Asia Pacific Methyl Tertiary Butyl Ether Market Forecasts in Asia Pacific is expected to increase by 50% in the forecast period as per volume. In terms of revenue, the market in Asia Pacific was valued at US$6.7 billion in the year 2015 and is estimated to be worth US$10.9 billion by the end of 2026. The overall market in Asia Pacific is expected to grow at a CAGR of 4.6% during the forecast period. According to application, the methyl tertiary butyl ether is divided into isobutene, gasoline, extractants, and solvents. The gasoline segment dominated the MTBE Asia-Pacific market in the year 2015.
China is the major contributor of MTBE market and Asia Pacific is going to foresee more than half of methanol development in the next few years owing to the reduced cost of raw materials. It has been observed that China alone generated 51 mn tons of methanol in the year 2016. The MTBE market in China is estimated to surge the expansion of many end-use sectors that operate MTBE downstream products. The MTBE market depends on imports from countries such as ASEAN sub-region, India, and Middle East Countries like Qatar and Saudi Arabia. Although, now China wants to increase their production of MTBE at a domestic level in order to meet the country’s demand.
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Increasing use of Gasoline Products to Augment MTBE market Demand in Asia Pacific
One of the biggest factors driving the growth of MTBE market in Asia Pacific region is the extensive use of gasoline and its products. Gasoline is used as an octane booster and anti-knocking agent in the gasoline fuel engines. Owing to its better efficiency and less cost, this additive is preferred more than others. Furthermore, the use of gasoline especially in the car segment is expected to grow the segment within the forecast period. Also, increasing demand for gasoline and its products in marine and oil &gas sector is anticipated to boost the demand for MTBE in Asia Pacific.
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One more important application of MTBE is high purity isobutene. The demand for isobutene in different downstream products is estimated to boost the MTBE market in Asia Pacific over the coming years.
Stringent Regulations to Hinder the MTBR growth in Asia Pacific
Several factors such as strict government regulations are expected to restrict the growth of MTBE market in Asia Pacific. The rising accessibility of oil and non-oil based alternatives and the adverse environmental effects are posing crucial difficulties for the growth of methyl tertiary butyl ether market in Asia Pacific region. One more factor impacting the growth is the continuous expansions which affects the market dynamics by increasing price of MTBE products in the forecast period. This eventually will become difficult for small scale vendors to invest in MTBE products.
The aforementioned information is comprised into Methyl Tertiary-Butyl Ether (MTBE) Market (Application – Gasoline, Isobutene, Solvent & Extract, and MMA) Asia Pacific Industry Analysis, Size, Share, Growth, Trends, and Forecast 2016 – 2026.
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Methyl Tert-Butyl Ether(MTBE) Market Study | Manufacturers Analysis, Size, Share and Future Prospects 2019 to 2024
“The latest report on the Worldwide Methyl Tert-Butyl Ether(MTBE) market Report is the more professional in-depth of this market is providers the status and forecast, categorizes, market size (value & volume) by type, application, and region.
The analysis tracks the impact of key market dynamics on the major challenges and the strategies adopted by key vendors and market players to overcome the challenges and expand their market presence. The study takes a closer look at the strategies and measures adopted by key stakeholders and investors to boost the development of product; the analysis will be useful in understanding the end-user profile, the adoption rate of key segments among them and various developmental trends. The analysis focuses on the imminent investment pockets across various regions to identify the lucrative market segments.
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The report also presents the market competitive landscape and a corresponding detailed analysis of the major vendor/key players in the market.
The strategic analysis of Methyl Tert-Butyl Ether(MTBE) market players along with their expansion strategy would help business planners and regional policy makers to devise effective brand strategies. The factors that would drive investments by various stakeholders on the research and developments of the product along with the recent technological advancements that would shake up the competitive landscape scenario in major countries.
The players mentioned in our report SABIC SINOPEC CNPC Huntsman Eni Formosa Plastic Group Petronas Reliance Industries ENOC LyondellBasell Pemex SIBUR Chinas CNOOC Apicorp Oxeno Antewerpen Qatar Fuel Additives Company Limited PETRONAS Chemicals Group Berhad (PCG) Jiangsu Xinhai Petrochemical Guangxi Yuchai Machinery Wanhua Chemical Panjin Heyun Industrial Group
Global Methyl Tert-Butyl Ether(MTBE) Market: Application Segment Analysis Gasoline Additive Isobutene Methyl methacrylate (MMA) Medical Intermediate
Global Methyl Tert-Butyl Ether(MTBE) Market: Regional Segment Analysis USA Europe Japan China India South East Asia
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Key Points from the Table of Contents in this Report 1. Industry Overview of Methyl Tert-Butyl Ether(MTBE) market 2. Manufacturing Cost Structure Analysis of Methyl Tert-Butyl Ether(MTBE) market 3. Technical Data and Manufacturing Plants Analysis of Methyl Tert-Butyl Ether(MTBE) market 4. Capacity, Production and Revenue Analysis of Methyl Tert-Butyl Ether(MTBE) market by Regions, Types and Manufacturers 5. Price, Cost, Gross and Gross Margin Analysis of Methyl Tert-Butyl Ether(MTBE) market by Regions, Types and Manufacturers 6. Consumption Volume, Consumption Value and Sale Price Analysis of Methyl Tert-Butyl Ether(MTBE) market by Regions, Types and Applications 7. Supply, Import, Export and Consumption Analysis of Methyl Tert-Butyl Ether(MTBE) market 8. Major Manufacturers Analysis of Methyl Tert-Butyl Ether(MTBE) market 9. Marketing Trader or Distributor Analysis of Methyl Tert-Butyl Ether(MTBE) market 10. Industry Chain Analysis of Methyl Tert-Butyl Ether(MTBE) market
The scope of this report centers on key market analyses, market drivers & challenges, and competitive analysis & trends. Research report examines each market and its applications, regulatory scenario, technological innovations, Methyl Tert-Butyl Ether(MTBE) market projections, market sizes, and shares. Moreover, the Methyl Tert-Butyl Ether(MTBE) market report examines the most recent trends, pipeline products and developments in the Methyl Tert-Butyl Ether(MTBE) market. Complete profiles of leading organizations in the market are also mentioned in this report.
In the end, It includes the methodical description of the various factors such as the market growth and a detailed information about the different company’s revenue, growth, technological developments, production, and the various other strategic developments.
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Thus, the Methyl Tert-Butyl Ether(MTBE) Market Report serves as a valuable material for all industry competitors and individuals having a keen interest in Methyl Tert-Butyl Ether(MTBE) Market study.
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Tert-butyl Hydroperoxide (TBHP) Market Analysis and Forecasts to 2025
“The Tert-butyl Hydroperoxide (TBHP) market report is a complete research on the current state of the Tert-butyl Hydroperoxide (TBHP) market with a focus on the regional market. This report presents the global Tert-butyl Hydroperoxide (TBHP) market size (value, production, and consumption), splits the breakdown (data status 2013-2018 and forecast to ‘2025’), by manufacturers, region, type, and application. This study also analyzes the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter’s Five Forces Analysis.
This research is helpful for all the players operating in the market, including the well-established players and the new entrants. This intelligent study provides the definition, description, and the overall forecasts of the global market, considering the market segments and sub-segments, which includes the product types, technologies, end-users, industry verticals, and the key geographies. Moreover, the report also provides an in-depth analysis of some of the significant factors such as driving forces, challenges, and threats that will shape the future of the market. In addition, the report also includes the lucrative opportunities in the micro markets for all the participants to invest in the global Tert-butyl Hydroperoxide (TBHP) market. Besides, the report describes the product offerings and the competitive analysis of the major players operating in the market.
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The report also presents the market competitive landscape and a corresponding detailed analysis of the major vendor/key players in the market.
The key players covered in this report:
The major manufacturers covered in this report Akzo Nobel LyondellBasell Arkema Group PERGAN GmbH United Initiators GmbH Merck
Geographically, this report studies the top producers and consumers, focuses on product capacity, production, value, consumption, market share and growth opportunity in these key regions, covering North America Europe China Japan Southeast Asia India
On the basis of product, this report displays the production, revenue, price, market share and growth rate of each type, primarily split into TBA Hydroperoxide Method Isobutene Hydroperoxide Method Isobutane Oxidation Method Gesso Reagent Synthesis Method
On the basis of the end users/applications, this report focuses on the status and outlook for major applications/end users, consumption (sales), market share and growth rate for each application, including Polymerization Initiator Chemical Synthesis Curing Agent Others
This report studies the global Tert-butyl Hydroperoxide (TBHP) market status and forecast, categorizes the global Tert-butyl Hydroperoxide (TBHP) market size (value & volume) by manufacturers, type, application, and region. This report focuses on the top manufacturers in North America, Europe, Japan, China, and other regions (India, Southeast Asia).
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The prime objective of this Tert-butyl Hydroperoxide (TBHP) research report is to define the size of the different segments and the geographies as well as to forecast the trends that are likely to gain traction in the following couple of years. This market research report has been designed to incorporate both the qualitative and quantitative aspects of the industry within each of the regions.
The scope of this report centers on key market analyses, market drivers & challenges, and competitive analysis & trends. Research report examines each market and its applications, regulatory scenario, technological innovations, Tert-butyl Hydroperoxide (TBHP) market projections, market sizes, and shares. Moreover, the Tert-butyl Hydroperoxide (TBHP) market report examines the most recent trends, pipeline products and developments in the Tert-butyl Hydroperoxide (TBHP) market. Complete profiles of leading organizations in the market are also mentioned in this report.
Tert-butyl Hydroperoxide (TBHP) market report highlights: 1. The Tert-butyl Hydroperoxide (TBHP) research report provides a detailed survey of the current and future industry trends so as to identify the investment analysis. 2. The industry forecasts, using estimated market values have been mentioned, till ‘2025’. 3. The Tert-butyl Hydroperoxide (TBHP) Market dynamics such as the drivers, restraints, threats, opportunities, and industry-specific challenges 4. Key industry trends across all the market segments and sub-segments, geographies, and nations. 5. Key developments and strategies determined in the market. 6. Detailed profiling of the leading competitors and the entrant market players. 7. Growth prospects among the emerging nations throughout the forecast period. 8. The Tert-butyl Hydroperoxide (TBHP) Market opportunities and recommendations for new investments.
In the end, It includes the methodical description of the various factors such as the market growth and a detailed information about the different company’s revenue, growth, technological developments, production, and the various other strategic developments.
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Thus, the Tert-butyl Hydroperoxide (TBHP) Market Report serves as a valuable material for all industry competitors and individuals having a keen interest in Tert-butyl Hydroperoxide (TBHP) Market study.
About us : Market Growth Insight, is a one stop solution for market research reports in various business categories. We are serving 100+ clients with 10000+ diverse industry reports and our reports are developed to simplify strategic decision making, on the basis of comprehensive and in-depth significant information, established through wide ranging analysis and latest industry trends. Contact us : 502, Sai Radhe, Kenedy Road, Behind Hotel Sheraton Grand, Near Pune Station, Pune-411001, [email protected] + 91 8956 049 020
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Sulfone Polymers Market to Rear Excessive Growth During 2016 - 2024
MTBE - Methyl Tertiary Butyl Ether is used as a fuel component and is volatile, colorless, and a flammable liquid. The market for MTBE is dominated by Asia Pacific region. Few prominent players incorporate Sinopec Corp., PetroChina Company Ltd., Zibo Qixiang Petrochemical Group Limited, Heilongjiang Anruijia Petrochemical Company Ltd., and Shandong Yuhuang Chemical (Group) Company Ltd among others. The report published by TMR analyzed that the biggest manufacturer of MTBE is China owing to the continuous product expansion. In 2016, organizations such as Shangdong and Huntsman Corporation and Wanhua Chemical Group Company were continuously involved in product innovation and expansion. The market for methyl tertiary-butyl ether in Asia Pacific includes some other key players such as Reliance Industries Ltd., PETRONAS, LyondellBasell Ind. Holdings B.V., and Evonik Industries AG.
The MTBE market in Asia Pacific is expected to increase by 50% in the forecast period as per volume. In terms of revenue, the market in Asia Pacific was valued at US$6.7 billion in the year 2015 and is estimated to be worth US$10.9 billion by the end of 2026. The overall market in Asia Pacific is expected to grow at a CAGR of 4.6% during the forecast period. According to application, the methyl tertiary butyl ether is divided into isobutene, gasoline, extractants, and solvents. The gasoline segment dominated the MTBE Asia-Pacific market in the year 2015.
China is the major contributor of MTBE market and Asia Pacific is going to foresee more than half of methanol development in the next few years owing to the reduced cost of raw materials. It has been observed that China alone generated 51 mn tons of methanol in the year 2016. The MTBE market in China is estimated to surge the expansion of many end-use sectors that operate MTBE downstream products. The MTBE market depends on imports from countries such as ASEAN sub-region, India, and Middle East Countries like Qatar and Saudi Arabia. Although, now China wants to increase their production of MTBE at a domestic level in order to meet the country’s demand.
Increasing use of Gasoline Products to Augment MTBE market Demand in Asia Pacific
One of the biggest factors driving the growth of MTBE market in Asia Pacific region is the extensive use of gasoline and its products. Gasoline is used as an octane booster and anti-knocking agent in the gasoline fuel engines. Owing to its better efficiency and less cost, this additive is preferred more than others. Furthermore, the use of gasoline especially in the car segment is expected to grow the segment within the forecast period. Also, increasing demand for gasoline and its products in marine and oil &gas sector is anticipated to boost the demand for MTBE in Asia Pacific.
One more important application of MTBE is high purity isobutene. The demand for isobutene in different downstream products is estimated to boost the MTBE market in Asia Pacific over the coming years.
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Stringent Regulations to Hinder the MTBR growth in Asia Pacific
Several factors such as strict government regulations are expected to restrict the growth of MTBE market in Asia Pacific. The rising accessibility of oil and non-oil based alternatives and the adverse environmental effects are posing crucial difficulties for the growth of methyl tertiary butyl ether market in Asia Pacific region. One more factor impacting the growth is the continuous expansions which affects the market dynamics by increasing price of MTBE products in the forecast period. This eventually will become difficult for small scale vendors to invest in MTBE products.
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Transparency Market Research (TMR) is a U.S.-based provider of syndicated research, customized research, and consulting services. TMR’s global and regional market intelligence coverage includes industries such as pharmaceutical, chemicals and materials, technology and media, food and beverages, and consumer goods, among others. Each TMR research report provides clients with a 360-degree view of the market with statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.
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Natural Gas Liquid Market to Observe Strong Development by 2024
Appropriate pricing has emerged as a key strategy for players looking to establish a strong foothold in the global natural gas liquids (NGL) market, says Transparency Market Research (TMR) in a recently published report. Not a single company held a discernibly high share in the highly fragmented vendor landscape of the global NGL market. Nevertheless, the most prominent companies are aiming for competitiveness by reducing their overall operating costs and turnover time. The degree of competition is, therefore, forecasted by TMR to remain high through the forecast period from 2016 to 2024.
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In North America however SM Energy has emerged as one of the leading NGL exploration and production companies. Besides this Swift Energy Company, Linn Energy, LLC, and Chesapeake Energy Corporation exhibits a strong presence in the U.S. British Petroleum plc has also registered a strong presence in the global market with its strong presence across 30 countries worldwide.
Rising Applications in Petrochemical Industry Create Attractive Opportunities for NGL Sales
The increasing use of natural gas liquids for application in the petrochemical industry has been pivotal in fuelling NGL sales. Natural gas liquids such as propane, butane, ethane, and isobutene are primarily used as feedstock in the petrochemical industry. Despite the reducing cost of natural gas, the cost of NGL is forecasted to remain high during the forecast period.
On the contrary, the declining costs of crude oil pose major challenge in front of the market. This lower crude oil price is expected to reduce the cost of naphtha, which is a petroleum by-product. Due to its low cost, naphtha is seen to replace ethane in a few petrochemical applications, thus creating major hindrance for the NGL market. “However the price of crude oil is expected to normalize in the next few years, thus creating opportunities for growth of the NGL market,” said a lead analyst at TMR.
The natural gas Liquids market has been segmented on the basis of type into ethane, propane, normal butane, isobutane, and pentanes plus. Ethane was the largest type segment of the natural gas Liquids market globally, accounting for more than 45% of the global share, in 2015. Sales of ethane increased due to its growing applications across the globe. Propane was the second-largest type segment accounting for more than 20% of the global share, and Isobutane was the smallest type segment of the natural gas Liquids market globally, accounting for less than 10%, in 2015. Isobutane was the smallest type segment owing to its limited applications and market value. The global natural gas Liquids market growth is anticipated to be hampered by increasing use of alternatives such as naphtha.
The Middle East presently accounts for approximately 40% of the proven reserves of natural gas globally. The region is further gaining from the rapid industrialization witnessed in Qatar, Iran, Saudi Arabia, and the UAE. As per TMR, the Middle East NGL market will reach 5,468.9 kilo barrels/day by the end of 2024 from 2,909.2 kilo barrels/day in 2014. Likewise in North America, Canada and the U.S. are exhibiting the most attractive opportunities for the companies. The increasing production and processing capacities in Asia Pacific economies such as India, China, Australia, and Indonesia are also expected to boost prospects for NGL sales.
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NGL Demand to Increase with Rising Applications across Diverse Economic Sectors
Based on type, normal butane, isobutene, pentanes plus, propane, and ethane constitute the key segments in the global NGL market. Of these, ethane dominated the market with a share of 45% in 2014. The market is also expected to gain from the rising application of propane as a green fuel in residential, industrial, commercial, transportation, and chemicals and refinery sectors. By application, the petrochemicals industry is likely to exhibit the highest demand for natural gas liquids. The segment accounted for a dominant share of 55% in the market in 2014, followed by the space heating segment.
Transparency Market Research projects the global natural gas liquids market to reach 14,806.59 kilo barrels/day by the end of 2024 from 7,982.63 kilo barrels/day in 2015. If this holds true, the market will report a strong 7.16% CAGR from 2016 to 2024.
About Us
Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.
TMR’s data repository is continuously updated and revised by a team of research experts so that it always reflects the latest trends and information. With extensive research and analysis capabilities, Transparency Market Research employs rigorous primary and secondary research techniques to develop distinctive data sets and research material for business reports.
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Tel: +1-518-618-1030 USA - Canada Toll Free: 866-552-3453 Email: [email protected] Website: http://www.transparencymarketresearch.com
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Global Propylene Oxide Market 2017-2021, an In-depth Analysis with inputs from industry experts.
The analysts forecast global propylene oxide market to grow at a CAGR of 3.71% during the period 2017-2021. This report covers the present scenario and the growth prospects of the global propylene oxide market for 2017-2021. To calculate the market size, the report considers the revenue generated from the sales of propylene oxide.
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Propylene oxide is an organic, colorless, and volatile liquid at normal temperature and pressure. It is manufactured from raw materials, such as propene, isobutene, propanol, and butanol. The compound is highly flammable and reactive. It reacts violently with ammonia, chlorine, and strong oxides and acids causing fire and explosion hazards. It is generally used as an intermediate to produce numerous commercial materials. The largest application of propylene oxide is for deriving polyether polyols and propylene glycols. Polyether polyols are one of the main components used in the manufacture of polyurethanes that are widely used in apparel, building and construction, composite wood, and automotive applications.
This report, Global Propylene Oxide Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
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Key Vendors
· Asahi Glass
· BASF
· The Dow Chemical
· Huntsman International
· Royal Dutch Shell
Other Prominent Vendors
· INEOS
· Balchem
· SKC
· Sumitomo Chemical
· Viswaat Chemicals
· Repsol
· LyondellBasell Industries
· SABIC
· Tokuyama
Market Driver
· Rise in the demand for polyurethane applications
· For a full, detailed list, view our report
Market Challenge
· Volatility in raw material prices
· For a full, detailed list, view our report
Market Trend
· Advances in technology
· For a full, detailed list, view our report
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Natural Gas Liquid Market to Record an Exponential CAGR by 2024
Appropriate pricing has emerged as a key strategy for players looking to establish a strong foothold in the global natural gas liquids (NGL) market, says Transparency Market Research (TMR) in a recently published report. Not a single company held a discernibly high share in the highly fragmented vendor landscape of the global NGL market. Nevertheless, the most prominent companies are aiming for competitiveness by reducing their overall operating costs and turnover time. The degree of competition is, therefore, forecasted by TMR to remain high through the forecast period from 2016 to 2024.
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In North America however SM Energy has emerged as one of the leading NGL exploration and production companies. Besides this Swift Energy Company, Linn Energy, LLC, and Chesapeake Energy Corporation exhibits a strong presence in the U.S. British Petroleum plc has also registered a strong presence in the global market with its strong presence across 30 countries worldwide.
Rising Applications in Petrochemical Industry Create Attractive Opportunities for NGL Sales
The increasing use of natural gas liquids for application in the petrochemical industry has been pivotal in fuelling NGL sales. Natural gas liquids such as propane, butane, ethane, and isobutene are primarily used as feedstock in the petrochemical industry. Despite the reducing cost of natural gas, the cost of NGL is forecasted to remain high during the forecast period.
On the contrary, the declining costs of crude oil pose major challenge in front of the market. This lower crude oil price is expected to reduce the cost of naphtha, which is a petroleum by-product. Due to its low cost, naphtha is seen to replace ethane in a few petrochemical applications, thus creating major hindrance for the NGL market. “However the price of crude oil is expected to normalize in the next few years, thus creating opportunities for growth of the NGL market,” said a lead analyst at TMR.
Furthermore, the prices of natural gas are expected to fall in the next few years. This trend is likely to continue through the forecast period. “Lower price of natural due to oversupply and weakening demand, will subsequently bolster prospects for NGL sale in the near future,” said a TMR analyst.
North America and the Middle East Exhibit Highest Opportunities for NGL Market
Regionally, North America and the Middle East exhibit the most lucrative prospects for the enterprises engaged in NGL production and exploration. While the Middle East accounted for the largest share in the global market in 2015, North America is likely to exhibit the highest CAGR during the forecast period.
The Middle East presently accounts for approximately 40% of the proven reserves of natural gas globally. The region is further gaining from the rapid industrialization witnessed in Qatar, Iran, Saudi Arabia, and the UAE. As per TMR, the Middle East NGL market will reach 5,468.9 kilo barrels/day by the end of 2024 from 2,909.2 kilo barrels/day in 2014. Likewise in North America, Canada and the U.S. are exhibiting the most attractive opportunities for the companies. The increasing production and processing capacities in Asia Pacific economies such as India, China, Australia, and Indonesia are also expected to boost prospects for NGL sales.
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NGL Demand to Increase with Rising Applications across Diverse Economic Sectors
Based on type, normal butane, isobutene, pentanes plus, propane, and ethane constitute the key segments in the global NGL market. Of these, ethane dominated the market with a share of 45% in 2014. The market is also expected to gain from the rising application of propane as a green fuel in residential, industrial, commercial, transportation, and chemicals and refinery sectors. By application, the petrochemicals industry is likely to exhibit the highest demand for natural gas liquids. The segment accounted for a dominant share of 55% in the market in 2014, followed by the space heating segment.
Transparency Market Research projects the global natural gas liquids market to reach 14,806.59 kilo barrels/day by the end of 2024 from 7,982.63 kilo barrels/day in 2015. If this holds true, the market will report a strong 7.16% CAGR from 2016 to 2024.
About Us
Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.
TMR’s data repository is continuously updated and revised by a team of research experts so that it always reflects the latest trends and information. With extensive research and analysis capabilities, Transparency Market Research employs rigorous primary and secondary research techniques to develop distinctive data sets and research material for business reports.
Contact
Transparency Market Research State Tower, 90 State Street, Suite 700, Albany NY - 12207 United States
Tel: +1-518-618-1030 USA - Canada Toll Free: 866-552-3453 Email: [email protected] Website: http://www.transparencymarketresearch.com
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