Wednesday, June 28, 2023

 Methyl Tert-Butyl Ether (C5H12O) or MTBE is a volatile liquid prepared by blending chemicals such as Isobutylene and Methanol. The compound is a flammable liquid, which provides efficient burning. It is used as an additive, increasing the octane number and decreasing carbon monoxide emission to manufacture gasoline. It is a colorless liquid with a boiling point measuring around 55.2° C and a melting point of around -109° C.

MTBE is partially soluble in water and highly soluble in organic solvents like alcohol and ether. It has a very distinct anesthetic odor. The compound is being used as a potential substitute for ethanol in gasoline pools as it provides triple the times of supplies to that produced by ethanol.

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The key importing countries for Methyl Tert-Butyl Ether are India, the United States, and Belgium. On the other hand, the primary exporting countries are Israel, India, and Saudi Arabia.

Key Details About the Methyl Tert-Butyl Ether Price Trend:

Procurement Resource does an in-depth analysis of the price trend to bring forth the monthly, quarterly, half-yearly, and yearly information on the Methyl Tert-Butyl Ether price in its latest pricing dashboard. The detailed assessment deeply explores the facts about the product, price change over the weeks, months, and years, key players, industrial uses, and drivers propelling the market and price trends.

Each price record is linked to an easy-to-use graphing device dated back to 2014, which offers a series of functionalities; customization of price currencies and units and downloading of price information as excel files that can be used offline.

The Methyl Tert-Butyl Ether Price Trend, including India Methyl Tert-Butyl Ether price, USA Methyl Tert-Butyl Ether price, pricing database, and analysis can prove valuable for procurement managers, directors, and decision-makers to build up their strongly backed-up strategic insights to attain progress and profitability in the business.

Industrial Uses Impacting Methyl Tert-Butyl Ether Price Trend:

Methyl Tert-Butyl Ether, or MTBE, is an explosive compound. It is used primarily in the production of motor gasoline. The compound is highly volatile and enhances the oxygen content, hence considered an “Oxygenate” in gasoline that provides efficient burning.

Read Also - https://procurementresource.blogspot.com/2023/06/methylene-diphenyl-diisocyanate-price-trend.html

It is also used as a lab solvent and is utilized in the pharmaceutical industry on a large scale. Additionally, it is used as a solvent in the Grignard reaction commercially.

Key Players:

  • Acros Organics
  • SABIC
  • LyondellBasell Industries Holdings B.V.
  • Reliance Industries Ltd
  • Evonik Industries AG

News & Recent Development

  • Date: March 14, 2023- The world’s largest PO/TBA unit has been commissioned by Lyondellbasell’s in Texas to produce liquid chemicals. The TBA units empower large-scale production of Methyl Tert-Butyl Ether (MTBE).

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Procurement Resource offers in-depth research on product pricing and market insights for more than 500 chemicals, commodities, and utilities updated daily, weekly, monthly, and annually. It is a cost-effective, one-stop solution for all your market research requirements, irrespective of which part of the value chain you represent.

We have a team of highly experienced analysts who perform comprehensive research to deliver our clients the newest and most up-to-date market reports, cost models, price analysis, benchmarking, and category insights, which help in streamlining the procurement process for our clientele. Our team tracks the prices and production costs of a wide variety of goods and commodities, hence, providing you with the latest and consistent data.

To get real-time facts and insights to help our customers, we work with a varied range of procurement teams across industries. At Procurement Resource, we support our clients, with up-to-date and pioneering practices in the industry, to understand procurement methods, supply chain, and industry trends, so that they can build strategies to achieve maximum growth.

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