Market Overview:
The global gasoline octane improvers market is estimated to be valued at US$ XX Mn in 2018 and is projected to grow at a CAGR of X.X% over the forecast period (2018-2030), to reach US$ XX Mn by 2030. The growth of the market can be attributed to the increasing demand for gasoline octane improvers from automotive, marine and aviation applications. The global gasoline octane improvers market has been segmented on the basis of type, application and region. On the basis of type, the market has been segmented into ethanol, ethyl tertiary-butyl ether (ETBE), methyl tertiary-butyl ether (MTBE), tertiary-Amyl Methyl Ether (TAME) and other types. Ethanol is projected to be the fastest growing type in terms of value over the forecast period owing to its properties such as high oxygen content that helps in improving fuel economy and reducing emissions from vehicles. On account of its environmental benefits, governments across various countries are promoting its use through subsidies or tax exemptions which is expected to drive its demand overthe forecast period. MTBE was earlier used extensively as an additive for petrol but its use has declined significantly post discoveryofits adverse effects on human healthand environment . However, TAMEis emerging as a potential replacement for MTBE duetoits low toxicityand negligible environmental impact .
Product Definition:
Gasoline octane improvers are additives used to increase the octane rating of gasoline. The higher the octane rating of a fuel, the less likely it is to experience knock or pinging during combustion. Gasoline octane improvers are important for engines that require high-octane fuel, such as racing engines and some luxury cars.
Ethanol:
Ethanol is an organic chemical, which is primarily derived from the fermentation of sugars. It can also be produced through the catalytic hydrolysis of ethyl alcohol. Ethanol is a volatile, colorless and flammable liquid that has a slight odor. It can easily dissolve in water or other liquids and forms an inflammable mixture with them.
Ethyl Tertiary-Butyl Ether (ETBE):
ETBE, also known as tertiary-butyl ether is a colorless liquid with an extremely strong odor. It is mainly used as an octane booster in gasoline. The major application of ETBE is to be used in petrol (gasoline) and diesel fuel which has been approved by the U.S.
Application Insights:
Automotive was the largest application segment in 2017 and is projected to witness significant growth over the forecast period. The growing automotive sector, particularly in emerging markets of China, India and Brazil is expected to have a positive impact on product demand. In addition, increasing penetration of gasoline vehicles with a higher compression ratio (CR) will also provide opportunities for gasoline octane improvers over the next eight years.
The aviation segment accounted for 5% share of global volume in 2017 and is expected to grow at an estimated CAGR of XX% from 2018 to 2030 owing to rising use of these products as fuel additives during engine maintenance intervals. Moreover, regulatory bodies have laid down guidelines regarding safe usage levels for these products which are anticipated to increase their consumption rate over the coming years.
Regional Analysis:
Asia Pacific accounted for the largest share of over 40.0% in 2017 and is expected to witness significant growth over the forecast period. The region has been witnessing increasing demand for gasoline as a result of rising disposable income, which enables people to opt for vehicles with better fuel efficiency. This factor is anticipated to drive market growth in APAC during the forecast period.
Europe was estimated as second-largest regional segment by IEA in 2017 and held a significant share due to stringent regulations regarding pollution emissions from automobiles that are driven on roads other than specified routes or during off-peak hours, thus leading consumers towards more efficient fuels such as gasoline octane improving additives such as MTBE, ethanol ETOH and ETBE along with other methods including catalytic reforming etc., which will further boost industry development prospects across this region especially Germany, U.K.
Growth Factors:
- Increasing demand for gasoline octane improvers from the automotive sector as a result of the increasing number of vehicles in operation
- The growing popularity of flex-fuel vehicles that can run on different blends of ethanol and gasoline, including E85, which requires a higher octane rating than traditional gasoline
- Stringent fuel economy and emissions regulations in developed countries that are encouraging the use of high-octane fuels to improve vehicle performance and reduce emissions
- The increasing availability of low-cost natural gas as a transportation fuel, which is providing an attractive alternative to gasoline in some regions
- Advances in engine technology that are enabling automakers to design engines with higher compression ratios, making them more sensitive to variations in octane ratings
Scope Of The Report
Report Attributes
Report Details
Report Title
Gasoline Octane Improvers Market Research Report
By Type
Ethanol, Ethyl Tertiary-Butyl Ether (ETBE), Methyl Tertiary-butyl Ether (MTBE), Tertiary-Amyl Methyl Ether (TAME), Other
By Application
Automotive, Marine, Aviation
By Companies
SINOPEC, LyondellBasell, CNPC, SABIC, Huntsman, Eni, Formosa Plastic Group, Petronas, Reliance Industries, ENOC, Pemex, SIBUR, CNOOC, Qatar Fuel Additives, Petronas, Jiangsu Xinhai Petrochemical, Guangxi Yuchai Machinery, Wanhua Chemical, Panjin Heyun Industrial Group
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
237
Number of Tables & Figures
166
Customization Available
Yes, the report can be customized as per your need.
Global Gasoline Octane Improvers Market Report Segments:
The global Gasoline Octane Improvers market is segmented on the basis of:
Types
Ethanol, Ethyl Tertiary-Butyl Ether (ETBE), Methyl Tertiary-butyl Ether (MTBE), Tertiary-Amyl Methyl Ether (TAME), Other
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Automotive, Marine, Aviation
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- SINOPEC
- LyondellBasell
- CNPC
- SABIC
- Huntsman
- Eni
- Formosa Plastic Group
- Petronas
- Reliance Industries
- ENOC
- Pemex
- SIBUR
- CNOOC
- Qatar Fuel Additives
- Petronas
- Jiangsu Xinhai Petrochemical
- Guangxi Yuchai Machinery
- Wanhua Chemical
- Panjin Heyun Industrial Group
Highlights of The Gasoline Octane Improvers Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Ethanol
- Ethyl Tertiary-Butyl Ether (ETBE)
- Methyl Tertiary-butyl Ether (MTBE)
- Tertiary-Amyl Methyl Ether (TAME)
- Other
- By Application:
- Automotive
- Marine
- Aviation
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Gasoline Octane Improvers Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Some of the major players in the gasoline octane improvers market are SINOPEC, LyondellBasell, CNPC, SABIC, Huntsman, Eni, Formosa Plastic Group, Petronas, Reliance Industries, ENOC, Pemex, SIBUR, CNOOC, Qatar Fuel Additives, Petronas, Jiangsu Xinhai Petrochemical, Guangxi Yuchai Machinery, Wanhua Chemical, Panjin Heyun Industrial Group.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Gasoline Octane Improvers Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Gasoline Octane Improvers Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Gasoline Octane Improvers Market - Supply Chain
4.5. Global Gasoline Octane Improvers Market Forecast
4.5.1. Gasoline Octane Improvers Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Gasoline Octane Improvers Market Size (000 Units) and Y-o-Y Growth
4.5.3. Gasoline Octane Improvers Market Absolute $ Opportunity
5. Global Gasoline Octane Improvers Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Gasoline Octane Improvers Market Size and Volume Forecast by Type
5.3.1. Ethanol
5.3.2. Ethyl Tertiary-Butyl Ether (ETBE)
5.3.3. Methyl Tertiary-butyl Ether (MTBE)
5.3.4. Tertiary-Amyl Methyl Ether (TAME)
5.3.5. Other
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Gasoline Octane Improvers Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Gasoline Octane Improvers Market Size and Volume Forecast by Application
6.3.1. Automotive
6.3.2. Marine
6.3.3. Aviation
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Gasoline Octane Improvers Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Gasoline Octane Improvers Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Gasoline Octane Improvers Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Gasoline Octane Improvers Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Gasoline Octane Improvers Demand Share Forecast, 2019-2026
9. North America Gasoline Octane Improvers Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Gasoline Octane Improvers Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Gasoline Octane Improvers Market Size and Volume Forecast by Application
9.4.1. Automotive
9.4.2. Marine
9.4.3. Aviation
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Gasoline Octane Improvers Market Size and Volume Forecast by Type
9.7.1. Ethanol
9.7.2. Ethyl Tertiary-Butyl Ether (ETBE)
9.7.3. Methyl Tertiary-butyl Ether (MTBE)
9.7.4. Tertiary-Amyl Methyl Ether (TAME)
9.7.5. Other
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Gasoline Octane Improvers Demand Share Forecast, 2019-2026
10. Latin America Gasoline Octane Improvers Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Gasoline Octane Improvers Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Gasoline Octane Improvers Market Size and Volume Forecast by Application
10.4.1. Automotive
10.4.2. Marine
10.4.3. Aviation
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Gasoline Octane Improvers Market Size and Volume Forecast by Type
10.7.1. Ethanol
10.7.2. Ethyl Tertiary-Butyl Ether (ETBE)
10.7.3. Methyl Tertiary-butyl Ether (MTBE)
10.7.4. Tertiary-Amyl Methyl Ether (TAME)
10.7.5. Other
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Gasoline Octane Improvers Demand Share Forecast, 2019-2026
11. Europe Gasoline Octane Improvers Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Gasoline Octane Improvers Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Gasoline Octane Improvers Market Size and Volume Forecast by Application
11.4.1. Automotive
11.4.2. Marine
11.4.3. Aviation
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Gasoline Octane Improvers Market Size and Volume Forecast by Type
11.7.1. Ethanol
11.7.2. Ethyl Tertiary-Butyl Ether (ETBE)
11.7.3. Methyl Tertiary-butyl Ether (MTBE)
11.7.4. Tertiary-Amyl Methyl Ether (TAME)
11.7.5. Other
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Gasoline Octane Improvers Demand Share, 2019-2026
12. Asia Pacific Gasoline Octane Improvers Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Gasoline Octane Improvers Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Gasoline Octane Improvers Market Size and Volume Forecast by Application
12.4.1. Automotive
12.4.2. Marine
12.4.3. Aviation
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Gasoline Octane Improvers Market Size and Volume Forecast by Type
12.7.1. Ethanol
12.7.2. Ethyl Tertiary-Butyl Ether (ETBE)
12.7.3. Methyl Tertiary-butyl Ether (MTBE)
12.7.4. Tertiary-Amyl Methyl Ether (TAME)
12.7.5. Other
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Gasoline Octane Improvers Demand Share, 2019-2026
13. Middle East & Africa Gasoline Octane Improvers Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Gasoline Octane Improvers Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Gasoline Octane Improvers Market Size and Volume Forecast by Application
13.4.1. Automotive
13.4.2. Marine
13.4.3. Aviation
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Gasoline Octane Improvers Market Size and Volume Forecast by Type
13.7.1. Ethanol
13.7.2. Ethyl Tertiary-Butyl Ether (ETBE)
13.7.3. Methyl Tertiary-butyl Ether (MTBE)
13.7.4. Tertiary-Amyl Methyl Ether (TAME)
13.7.5. Other
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Gasoline Octane Improvers Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Gasoline Octane Improvers Market: Market Share Analysis
14.2. Gasoline Octane Improvers Distributors and Customers
14.3. Gasoline Octane Improvers Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. SINOPEC
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. LyondellBasell
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. CNPC
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. SABIC
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Huntsman
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Eni
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Formosa Plastic Group
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Petronas
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Reliance Industries
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. ENOC
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Pemex
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. SIBUR
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. CNOOC
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Qatar Fuel Additives
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Petronas
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. Jiangsu Xinhai Petrochemical
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. Guangxi Yuchai Machinery
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. Wanhua Chemical
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. Panjin Heyun Industrial Group
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
