Octane Market 2024 - Opportunities, Challenges, Strategies, Key vendors and Forecasts - PowerPoint PPT Presentation

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Octane Market 2024 - Opportunities, Challenges, Strategies, Key vendors and Forecasts

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The Global Octane Market report 2018-2024, has been prepared By Axiom Market Research & Consulting, based on a deep market analysis with inputs from industry experts. This report covers market Application (Fuel and Fuel Additives and Other Applications), Components (Ethanol, Methyl Tertiary-Butyl Ether (MTBE), Ethyl Tertiary-Butyl Ether (ETBE) and Methanol), Geography, landscape, size, key players, production, revenue and its growth prospects for the upcoming years. – PowerPoint PPT presentation

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Title: Octane Market 2024 - Opportunities, Challenges, Strategies, Key vendors and Forecasts


1
Octane Market Report, By Component, Application,
and Geography Global Market Share, Trend
Analysis and Forecast up to 2024
  • Published By
  • Axiom Market Research Consulting
  • Corporate License(4650) Single
    User License(3950)

Copyright 2018 Axiom MRC
2
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.
  • 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 Component, Application,
and Geography Global Market Share, Trend
Analysis and Forecast up to 2024

Download a sample report here _at_https//axiommrc.c
om/request-for-sample/?report201553 Afton
Chemical Corporation having strong hold on the
global market. The global octane market led by
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 Component, Application,
and Geography Global Market Share, Trend
Analysis and Forecast up to 2024
  • Get more details click here _at_https//axiommrc.com/
    speak-to-analyst/?report201553
  • 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.
  • Fuel and fuel additives accounted for major share
    in the global octane market in 2017 and this
    segment is further expected to remain dominant in
    the near future expanding at a CAGR between 5.5
    to 6.5 from 2019 to 2024.

Copyright 2018 Axiom MRC
5
Octane Market Report, By Component, Application,
and Geography Global Market Share, Trend
Analysis and Forecast up to 2024
  • Based on components
  • Ethanol
  • Methyl Tertiary-Butyl Ether (MTBE)
  • Ethyl Tertiary-Butyl Ether (ETBE)
  • Methanol.
  • Asia Pacific accounted for the largest share in
    the global octane market it is further projected
    to dominate the global market by 2024. Gasoline
    is used for wide range of applications in the
    end-user industries. It is primarily used as fuel
    and has very high solvency properties



Copyright 2018 Axiom MRC
6
Octane Market Report, By Component, 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)
875-9786 Fax number 1 (845) 503-2379 Email
sales_at_axiommrc.com


Copyright 2018 Axiom MRC
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