Title: Global Octane Market Seeing Steady Growth during 2018-2024
1Octane Market Report, By Application And
Geography Global Market Share, Trend Analysis
And Forecast Up To 2024
- Published By
- Axiom Market Research Consulting
- Publish Date May 2018
Copyright 2018 Axiom MRC
2Octane Market Report, By Application And
Geography Global Market Share, Trend Analysis
And Forecast Up To 2024
- Axiom Market Research Consulting added a,
Octane Market Report, By Component, Application,
And Geography Global Market Share, Trend
Analysis and Forecast Up To 2024. - Octane, used as a short form for octane rating
was originally determined by mixing a gasoline
made entirely of heptane and 2,2,4-trimethylpentan
e. Octane became popular in the well-known
American culture in the mid- and late 1960s, when
gasoline companies boasted of high octane
levels in their gasoline advertisements. Octane
rating is used to measure fuels ability to defy
knock. Various compounds are added to gasoline
for increasing octane number that include
ethanol, MTBE, ETBE and methanol. Among them,
ethanol accounted for the largest share and is
also expected to dominate the global market in
the near future. - Ethanol can sprint at much larger exhaust gas
recirculation rate with higher compression
ratios. It has a superior octane rating as
compared to petrol which created very fine
particulates. The superior the octane rating of
fuel the more it is defiant to knocking.
Therefore, high demand is reported for ethanol in
the market. Increasing demand for octane from the
petroleum industry is expected to enhance high
growth of global octane market. The global octane
market is expected to grow at a CAGR between 5.0
to 6.0 from 2019 to 2024. -
Copyright 2018 Axiom MRC
3Octane Market Report, By Application And
Geography Global Market Share, Trend Analysis
And Forecast Up To 2024
The key factor driving growth of global octane
market is the rising demand for octane from the
petroleum industry. High demand for environmental
friendly fuel is the foremost factor contributing
to the growth of global octane market worldwide.
On the contrary, rising demand for diesel fuel
and electric vehicles may significantly hamper
the growth of octane market in the coming years.
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33 The global corn oil market is concentrated
with leading manufacturers Chevron Phillips
Chemical LLC, Afton Chemical Corporation,
Haltermann Carless GmbH, Honeywell International
Inc., SIGMA-ALDRICH Corporation, Innospec
Speciality Chemicals, and Keyera Corp, among
others.
Copyright 2018 Axiom MRC
4Octane Market Report, By Application And
Geography Global Market Share, Trend Analysis
And Forecast Up To 2024
-
- Scope Analysis of the Report Based on
Geography - The global market is studied for key regions such
as, North America which includes U.S., Canada and
Mexico, Europe which includes Germany, France,
U.K., Italy, Rest of Europe, Asia Pacific which
includes China, Japan, India, South Korea, Rest
of Asia pacific and Rest of the world which
includes Latin America and Middle East and
Africa. -
- Get more details about this Report _at_
http//axiommrc.com/speak-to-analyst?report1533
Copyright 2018 Axiom MRC
5Octane Market Report, By Application And
Geography Global Market Share, Trend Analysis
And Forecast Up To 2024
Octane Market Is Segmented On The Basis of
Type Ethanol, Methyl Tertiary-Butyl Ether
(MTBE) Octane Market Is Segmented On The Basis
of Applications Fuel Fuel Additives and
Other Applications And more
Copyright 2018 Axiom MRC
6Octane Market Report, By Application And
Geography Global Market Share, Trend Analysis
And Forecast Up To 2024
About Us Axiom Market Research Consulting was
founded with a sole intention of providing
growing companies with key actionable data for
helping them take informed business decisions
pertaining to their investments, marketing
strategies, market competition, new product
launches and etc. Axiom Market Research
Consulting offers Syndicate and Custom market
research reports and consulting services based on
industry value chain and market trends using
statistically developed research methodology
based on Top Down and Bottom UP approach. Contact
Details Manish Shelar Telephone 1 (845)
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Copyright 2018 Axiom MRC