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Methyl tertiary butyl ether is a chemical compound that is primarily used as a petrol additive to boost octane and prevent engine knocking or pinging. It is a colourless, clear liquid with a strong odour that is extremely soluble in water.
Sulfuric acid is used as a catalyst in the reaction of isobutylene with methanol to create MTBE. It is also a byproduct formed in the manufacturing of high-purity isobutylene.
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MTBE is utilised as a fuel oxygenate, which means it aids in the complete combustion of petrol, minimising hazardous emissions. Since the 1980s, it has been widely used in the United States as a replacement for lead additives, which were phased out due to health concerns.
The top methyl tertiary butyl ether-producing countries across the globe are China, India, South Korea, Mexico, and Saudi Arabia.
Key Details About the MTBE 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 MTBE 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 MTBE Price Trend, chart, including India’s MTBE price, USA’s MTBE 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 MTBE Price Trend:
MTBE is used in petrol as a fuel oxygenate to enhance combustion efficiency and reduce carbon monoxide, nitrogen oxide, and volatile organic compound emissions.
It is a solvent used in the manufacture of polymers, resins, and other compounds. It can also be used to clean electronic components, optics, and precision machinery. It is also employed in the extraction of medicines, vitamins, and other chemical substances.
Read Also - https://procurementresource.blogspot.com/2023/05/natural-rubber-prices.html
It's a flavouring agent in food and beverages, especially fruit-flavored drinks, and candies. However, due to health concerns, its use in food is highly regulated and restricted in some countries. It is also employed in analytical chemistry as a solvent and as a reagent in a variety of laboratory processes.
Key Players:
- Acros Organics
- SABIC
- LyondellBasell Industries Holdings B.V
- Reliance Industries Ltd
- Evonik Industries AG
Recent News and Development:
- October 2022: Reliance Industries Ltd. received approval from the Expert Appraisal Committee of the Ministry of Environment, Forests, and Climate Change to expand the operations of its Hazira Manufacturing Division (HMD) in Gujarat. The corporation intends to increase the capacity of multiple factories, including the MTBE factory.
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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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