Considerable ease in containment measures across Europe provided a prominent ease in its supply fundamentals. In line with active resumption in market activities, operating rates also improved from July to September. Peak demand season in the European region aided the revival in consumption of methanol-based fuel oxygenate along the countries in the Mediterran8an region like Spain, Greece and Italy. Even after the resurgence of Coronavirus in several parts of the region, MTBE market remained balanced, driven by high seasonal demand.
ChemAnalyst addresses the key problematic areas and risks associated with chemical and petrochemical business globally and enables the decision-maker to make smart choices. It identifies and analyses factors such as geopolitical risks, environmental risks, raw material availability, supply chain functionality, disruption in technology and so on. It targets market volatility and ensures clients navigate through challenges and pitfalls in an efficient and agile manner. Timeliness and accuracy of data has been the core competency of ChemAnalyst, benefitting domestic as well as global industry in tuning in to the real-time data points to execute multi-billion-dollar projects globally.
Company-wise installed capacity, production volume and plant operating efficiency is captured directly from manufacturers. Import and Export volume is captured from government sources and demand for Acrylonitrile is calculated considering the production, import, export and inventory-levels on the country and regional level markets.
Acrylonitrile price is correlated with the price trend of crude oil, demand-supply gap, Propylene and with movement across the downstream derivatives such as acrylonitrile-butadiene-styrene (ABS), styrene-acrylonitrile (SAN) etc.
Basic details and information on financial performance of leading global players in the Acrylonitrile market is presented in a visually captivating manner. Expansion plans and the company’s strategy is also captured to understand the vision and mission of the company to help understand the areas where companies need to focus more.
Daily updates on industry-specific and product-specific news, exclusive primary-based news capturing plant shutdowns/outages/closures, capacity expansions, operating rates, insights on demand-supply situation, awarding of technology licenses, new product launch and deals specifying mergers and acquisitions, strategic investments and disinvestments, to help players capitalize on market opportunity.
Finally, region-specific markets for MTBE are analyzed and region-wise demand pattern is tracked.
Methyl Tertiary Butyl Ether (MTBE) is a colorless, flammable liquid that possess high affinity for water. Ideally, MTBE is employed as an extractant and solvent in various chemical industries. Around 90 percent of MTBE produced globally is utilized as an octane booster in gasoline. Although Ethanol is regarded as its eco-friendly alternative, but MTBE is still being preferred over it on the back of its lower volatility, easy transportability, and ideal performance in reduction of formaldehyde and benzene in gasoline. In addition to its use as an oxygenator, MTBE is also used to produce Isobutylene with high purity. MTBE is commercially produced by the reaction of Methanol and Isobutylene in either a mixed gas-liquid or liquid phase reactor with an acidic ion exchange resin. The reaction proceeds at a pressure of 20 bar and at a temperature between 50-90 degree Celsius. The reaction mixture is then subjected to distillation to manufacture high purity MTBE. Although, several innovations are being made to upgrade the technology for producing a gasoline blendstock with high octane paraffin.