Global Octane Market Seeing Steady Growth during 2018-2024

1
Octane 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
2
Octane 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
3
Octane 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
4
Octane 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
5
Octane 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
6
Octane Market Report, By Application And
Geography Global Market Share, Trend Analysis
And Forecast Up To 2024

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Copyright 2018 Axiom MRC