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Tertiary-amyl-methyl ether (TAME) is type of fuel additive used in gasoline to improve the octane number of the fuel. It is used as oxygenated additive for enhancing the combustion properties of the fuel. The addition of TAME helps in complete burning of fuel resulting in the minimum emission of CH, SOx, and NOx. The low blending vapor pressure, distillation properties, high fuel miscibility, higher octane number and other similar properties are increasing the demand for TAME.
The stringent regulations set by government authorities regarding the SOx and NOx emissions shall foster the demand for fuel additives like TAME. Additionally, the increasing fuel consumption from all over the world is expected to drive the market. The use of TAME as an auxiliary compound for tetra ethyl lead compounds shall create positive impact on the market growth.
However, the TAME is a highly flammable chemical which can cause fires that can lead to damage and loss at greater extent. This is expected to hinder the market growth.
Based on type, the market is segmented into MTBE, ETBE, TAEE and TAME. Based on application, the market is segmented into fuel additive, chemical intermediate, and others.
From a geographical standpoint, the market is categorized into North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa.
Key Market Driver -
Stringent rules regarding the SOx and NOx emissions.
Key Market Restraint -
Highly flammable nature.
The global tertiary amyl methyl ether market consists of global & regional players operating. Some of the key players in the market include Triveni Interchem Pvt Ltd, BASF SE, Eastman Chemicals Company, Petroliam Nasional Berhad (Petronas), and others.
The market has been segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Asia Pacific accounts for the largest share in global market. The increasing demand from Asian countries for fuel is substantially increasing the demand for TAME as a fuel additive. Europe is expected to hold second-largest share due to the increasing demand for oxygenated fuel additive. North America is estimated to show significant growth attributed to the mandatory use of oxygenating compounds in fuel. Latin America and Middle East and Africa are expected to show considerable growth by the end of the forecast period due to the growing oil refining activities.
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