The global alkane dehydrogenation and aromatization market is expected to grow at a CAGR of 4.5% during the forecast period, from 2021 to 2030. The growth of this market is attributed to the increasing demand for BTX (benzene, toluene, and xylenes) in various industries such as paints & coatings, adhesives & sealants, solvents & thinners, and others. The increase in demand for BTX is due to its use as a raw material in the production of polymers such as polystyrene and polyvinyl chloride (PVC).
The catofin process segment accounted for the largest share of the global alkane dehydrogenation and aromatization market in 2018. This can be attributed to its high conversion efficiency compared with other processes such as oleflex process or cyclar process. In addition, it has low capital expenditure requirements which make it more cost-effective than other processes.
- The Alkane Dehydrogenation and Aromatization market is expected to grow at a CAGR of 5.5% from 2017 to 2025.
- The Alkane Dehydrogenation and Aromatization market is driven by the increasing demand for renewable energy sources, which in turn increases the demand for biofuels.
- The Alkane Dehydrogenation and Aromatization market is also driven by the increasing demand for petrochemicals, which in turn increases the demand for ethylene.
- The Alkane Dehydrogenation and Aromatization market is also driven by the increasing use of natural gas as a feedstock in chemical production, which in turn increases the demand for ethylene.
- Increasing environmental regulations on emissions are driving up costs of production.
Industry Growth Insights published a new data on “Alkane Dehydrogenation and Aromatization Market”. The research report is titled “Alkane Dehydrogenation and Aromatization Market research by Types (Catofin Process, Oleflex Process, Cyclar Process, Other, ), By Applications (Propylene and Isobutene, BTX (Benzene, Toluene and Xylenes), Other, ), By Players/Companies Clariant, Lummus, UOP, Woodward”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Alkane Dehydrogenation and Aromatization Market Research Report
By Type
Catofin Process, Oleflex Process, Cyclar Process, Other,
By Application
Propylene and Isobutene, BTX (Benzene, Toluene and Xylenes), Other,
By Companies
Clariant, Lummus, UOP, Woodward
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
236
Number of Tables & Figures
166
Customization Available
Yes, the report can be customized as per your need.
Global Alkane Dehydrogenation and Aromatization Market Report Segments:
The global Alkane Dehydrogenation and Aromatization market is segmented on the basis of:
Types
Catofin Process, Oleflex Process, Cyclar Process, Other,
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Propylene and Isobutene, BTX (Benzene, Toluene and Xylenes), Other,
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Clariant
- Lummus
- UOP
- Woodward
Highlights of The Alkane Dehydrogenation and Aromatization Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Catofin Process
- Oleflex Process
- Cyclar Process
- Other
- By Application:
- Propylene and Isobutene
- BTX (Benzene, Toluene and Xylenes)
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Alkane Dehydrogenation and Aromatization Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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- Correctly Positioning New Products
- Market Entry Strategies
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Alkane dehydrogenation is the process of breaking down an alkane molecule into molecules of hydrogen and carbon. Aromatization is the process of turning a hydrocarbon into a aromatic compound.
Some of the major players in the alkane dehydrogenation and aromatization market are Clariant, Lummus, UOP, Woodward.
The alkane dehydrogenation and aromatization market is expected to grow at a compound annual growth rate of 4.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Alkane Dehydrogenation and Aromatization Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Alkane Dehydrogenation and Aromatization Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Alkane Dehydrogenation and Aromatization Market - Supply Chain
4.5. Global Alkane Dehydrogenation and Aromatization Market Forecast
4.5.1. Alkane Dehydrogenation and Aromatization Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Alkane Dehydrogenation and Aromatization Market Size (000 Units) and Y-o-Y Growth
4.5.3. Alkane Dehydrogenation and Aromatization Market Absolute $ Opportunity
5. Global Alkane Dehydrogenation and Aromatization Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Alkane Dehydrogenation and Aromatization Market Size and Volume Forecast by Type
5.3.1. Catofin Process
5.3.2. Oleflex Process
5.3.3. Cyclar Process
5.3.4. Other
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Alkane Dehydrogenation and Aromatization Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Alkane Dehydrogenation and Aromatization Market Size and Volume Forecast by Application
6.3.1. Propylene and Isobutene
6.3.2. BTX (Benzene, Toluene and Xylenes)
6.3.3. Other
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Alkane Dehydrogenation and Aromatization Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Alkane Dehydrogenation and Aromatization Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Alkane Dehydrogenation and Aromatization Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Alkane Dehydrogenation and Aromatization Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Alkane Dehydrogenation and Aromatization Demand Share Forecast, 2019-2026
9. North America Alkane Dehydrogenation and Aromatization Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Alkane Dehydrogenation and Aromatization Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Alkane Dehydrogenation and Aromatization Market Size and Volume Forecast by Application
9.4.1. Propylene and Isobutene
9.4.2. BTX (Benzene, Toluene and Xylenes)
9.4.3. Other
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Alkane Dehydrogenation and Aromatization Market Size and Volume Forecast by Type
9.7.1. Catofin Process
9.7.2. Oleflex Process
9.7.3. Cyclar Process
9.7.4. Other
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Alkane Dehydrogenation and Aromatization Demand Share Forecast, 2019-2026
10. Latin America Alkane Dehydrogenation and Aromatization Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Alkane Dehydrogenation and Aromatization Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Alkane Dehydrogenation and Aromatization Market Size and Volume Forecast by Application
10.4.1. Propylene and Isobutene
10.4.2. BTX (Benzene, Toluene and Xylenes)
10.4.3. Other
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Alkane Dehydrogenation and Aromatization Market Size and Volume Forecast by Type
10.7.1. Catofin Process
10.7.2. Oleflex Process
10.7.3. Cyclar Process
10.7.4. Other
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Alkane Dehydrogenation and Aromatization Demand Share Forecast, 2019-2026
11. Europe Alkane Dehydrogenation and Aromatization Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Alkane Dehydrogenation and Aromatization Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Alkane Dehydrogenation and Aromatization Market Size and Volume Forecast by Application
11.4.1. Propylene and Isobutene
11.4.2. BTX (Benzene, Toluene and Xylenes)
11.4.3. Other
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Alkane Dehydrogenation and Aromatiztion Market Size and Volume Forecast by Type
11.7.1. Catofin Process
11.7.2. Oleflex Process
11.7.3. Cyclar Process
11.7.4. Other
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Alkane Dehydrogenation and Aromatization Demand Share, 2019-2026
12. Asia Pacific Alkane Dehydrogenation and Aromatization Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Alkane Dehydrogenation and Aromatization Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Alkane Dehydrogenation and Aromatization Market Size and Volume Forecast by Application
12.4.1. Propylene and Isobutene
12.4.2. BTX (Benzene, Toluene and Xylenes)
12.4.3. Other
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Alkane Dehydrogenation and Aromatization Market Size and Volume Forecast by Type
12.7.1. Catofin Process
12.7.2. Oleflex Process
12.7.3. Cyclar Process
12.7.4. Other
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Alkane Dehydrogenation and Aromatization Demand Share, 2019-2026
13. Middle East & Africa Alkane Dehydrogenation and Aromatization Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Alkane Dehydrogenation and Aromatization Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Alkane Dehydrogenation and Aromatization Market Size and Volume Forecast by Application
13.4.1. Propylene and Isobutene
13.4.2. BTX (Benzene, Toluene and Xylenes)
13.4.3. Other
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Alkane Dehydrogenation and Aromatization Market Size and Volume Forecast by Type
13.7.1. Catofin Process
13.7.2. Oleflex Process
13.7.3. Cyclar Process
13.7.4. Other
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Alkane Dehydrogenation and Aromatization Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Alkane Dehydrogenation and Aromatization Market: Market Share Analysis
14.2. Alkane Dehydrogenation and Aromatization Distributors and Customers
14.3. Alkane Dehydrogenation and Aromatization Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Clariant
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Lummus
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. UOP
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Woodward
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. COMPANY5
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. COMPANY6
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. COMPANY7
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. COMPANY8
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. COMPANY9
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
