Market Overview:
The global aliphatic hydrocarbon market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for paints and coatings, commercial and domestic cleaning, polymer and rubber, adhesives, and other applications. In terms of type, the varnish makers and painters naphtha segment is expected to lead the market during the forecast period. This can be attributed to its properties such as low volatility, good solvency power for resins & binders used in paints & coatings formulations, excellent color stability over time etc.
Product Definition:
Aliphatic Hydrocarbons are organic compounds that contain only carbon and hydrogen atoms. These molecules are usually straight-chain or branched, and they lack any aromatic rings. Aliphatic hydrocarbons are important fuels, lubricants, solvents, and plastics precursors.
Varnish Makers and Painter's Naphtha:
Varnish makers and painters naphtha also called varnish, is a type of aliphatic hydrocarbon. It is a colorless liquid with an odor similar to paint thinner. Varnish makers can be derived from crude oil or natural gas and are used as an additive in paints, coatings, lacquers, printing inks & dyes and for wood finishing among others.
Mineral Spirits:
Mineral spirits or methanol and it's derivatives are a group of chemical compounds that contains carbon and hydrogen. It is the primary constituent of natural gas. Methanol is also used as a fuel in automotive applications, for instance, in carburetors to increase the power output of engines.
Application Insights:
Paints & coatings was the leading application segment in 2017 and accounted for a market share of over 35% in terms of revenue. Increasing construction activities across the globe are expected to drive product demand in this application segment. Paints & coatings is one of the most dynamic industries globally as it involves constant introduction and replacement of products with newer and better technology, which further drives industry growth.
The commercial & domestic cleaning segment is projected to witness significant growth over the forecast period on account of increasing awareness about health hazards associated with household cleaners containing harmful chemicals such as ammonia, methylene chloride, carbon tetrachloride among others. In addition, growing concerns regarding safety at home and work coupled with rising disposable income levels among consumers are likely to propel demand for these compounds globally over the coming years.
Regional Analysis:
Asia Pacific was the largest regional market in 2017 and accounted for over 45% of the global revenue share. The region is expected to continue its dominance over the forecast period owing to increasing product demand from various end-use industries, such as paints & coatings, adhesives & sealants, polymer and rubber manufacturing. China is projected to register a high growth rate in terms of volume as well as revenue during the forecast period on account of rapid industrialization coupled with an increase in foreign investments.
North America emerged as one of the major consumers due to growing consumer awareness regarding sustainable products along with stringent government regulations regarding volatile organic compound (VOC) emissions from solvent use. North America also happens to be one of the most mature markets for aliphatic hydrocarbons on account rising petrochemical capacities across Mexico and U.S., which are anticipated would have a positive impact on industry development over next few years.
Growth Factors:
- Increasing demand from end-use industries such as paints & coatings, adhesives & sealants, and lubricants is expected to drive the aliphatic hydrocarbon market growth.
- Rising demand for aliphatic hydrocarbons in emerging countries owing to the increasing population and rapid industrialization is another key factor that is anticipated to fuel the market growth over the forecast period.
- Growing use of aliphatic hydrocarbons as solvents in various applications such as pharmaceuticals, agrochemicals, and personal care products is projected to boost the market growth during the forecast period.
- Stringent environmental regulations regarding VOC emissions are likely to create opportunities for aliphatic hydrocarbon manufacturers in near future. 5 Aliphatic Hydrocarbon producers are increasingly focusing on product differentiation through innovation which would lead to higher quality products and increased customer base
Scope Of The Report
Report Attributes
Report Details
Report Title
Aliphatic Hydrocarbon Market Research Report
By Type
Varnish Makers and Painter's Naphtha, Mineral Spirits, Hexane, Heptane, Other
By Application
Paints & Coatings, Commercial & Domestic Cleaning, Polymer & Rubber, Adhesives, Other
By Companies
Exxon Mobil, Calumet Specialty Products Partners, Shell Global, Kandla Energy and Chemicals, Ganga Rasaynie, Gadiv Petrochemical Industries, HCS Group, MK Aromatics, Pure Chemicals, Exxon Mobil
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
179
Number of Tables & Figures
126
Customization Available
Yes, the report can be customized as per your need.
Global Aliphatic Hydrocarbon Market Report Segments:
The global Aliphatic Hydrocarbon market is segmented on the basis of:
Types
Varnish Makers and Painter's Naphtha, Mineral Spirits, Hexane, Heptane, 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
Paints & Coatings, Commercial & Domestic Cleaning, Polymer & Rubber, Adhesives, 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:
- Exxon Mobil
- Calumet Specialty Products Partners
- Shell Global
- Kandla Energy and Chemicals
- Ganga Rasaynie
- Gadiv Petrochemical Industries
- HCS Group
- MK Aromatics
- Pure Chemicals
- Exxon Mobil
Highlights of The Aliphatic Hydrocarbon 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:
- Varnish Makers and Painter's Naphtha
- Mineral Spirits
- Hexane
- Heptane
- Other
- By Application:
- Paints & Coatings
- Commercial & Domestic Cleaning
- Polymer & Rubber
- Adhesives
- 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 Aliphatic Hydrocarbon 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.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
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?
Aliphatic hydrocarbons are molecules that contain only carbon and hydrogen atoms. These molecules are found in petroleum, natural gas, and other organic materials.
Some of the key players operating in the aliphatic hydrocarbon market are Exxon Mobil, Calumet Specialty Products Partners, Shell Global, Kandla Energy and Chemicals, Ganga Rasaynie, Gadiv Petrochemical Industries, HCS Group, MK Aromatics, Pure Chemicals, Exxon Mobil.
The aliphatic hydrocarbon market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Aliphatic Hydrocarbon Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Aliphatic Hydrocarbon Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Aliphatic Hydrocarbon Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Aliphatic Hydrocarbon Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Aliphatic Hydrocarbon Market Size & Forecast, 2018-2028
4.5.1 Aliphatic Hydrocarbon Market Size and Y-o-Y Growth
4.5.2 Aliphatic Hydrocarbon Market Absolute $ Opportunity
Chapter 5 Global Aliphatic Hydrocarbon Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Aliphatic Hydrocarbon Market Size Forecast by Type
5.2.1 Varnish Makers and Painter's Naphtha
5.2.2 Mineral Spirits
5.2.3 Hexane
5.2.4 Heptane
5.2.5 Other
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Aliphatic Hydrocarbon Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Aliphatic Hydrocarbon Market Size Forecast by Applications
6.2.1 Paints & Coatings
6.2.2 Commercial & Domestic Cleaning
6.2.3 Polymer & Rubber
6.2.4 Adhesives
6.2.5 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Aliphatic Hydrocarbon Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Aliphatic Hydrocarbon Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Aliphatic Hydrocarbon Analysis and Forecast
9.1 Introduction
9.2 North America Aliphatic Hydrocarbon Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Aliphatic Hydrocarbon Market Size Forecast by Type
9.6.1 Varnish Makers and Painter's Naphtha
9.6.2 Mineral Spirits
9.6.3 Hexane
9.6.4 Heptane
9.6.5 Other
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Aliphatic Hydrocarbon Market Size Forecast by Applications
9.10.1 Paints & Coatings
9.10.2 Commercial & Domestic Cleaning
9.10.3 Polymer & Rubber
9.10.4 Adhesives
9.10.5 Other
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Aliphatic Hydrocarbon Analysis and Forecast
10.1 Introduction
10.2 Europe Aliphatic Hydrocarbon Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Aliphatic Hydrocarbon Market Size Forecast by Type
10.6.1 Varnish Makers and Painter's Naphtha
10.6.2 Mineral Spirits
10.6.3 Hexane
10.6.4 Heptane
10.6.5 Other
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Aliphatic Hydrocarbon Market Size Forecast by Applications
10.10.1 Paints & Coatings
10.10.2 Commercial & Domestic Cleaning
10.10.3 Polymer & Rubber
10.10.4 Adhesives
10.10.5 Other
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Aliphatic Hydrocarbon Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Aliphatic Hydrocarbon Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Aliphatic Hydrocarbon Market Size Forecast by Type
11.6.1 Varnish Makers and Painter's Naphtha
11.6.2 Mineral Spirits
11.6.3 Hexane
11.6.4 Heptane
11.6.5 Other
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Aliphatic Hydrocarbon Market Size Forecast by Applications
11.10.1 Paints & Coatings
11.10.2 Commercial & Domestic Cleaning
11.10.3 Polymer & Rubber
11.10.4 Adhesives
11.10.5 Other
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Aliphatic Hydrocarbon Analysis and Forecast
12.1 Introduction
12.2 Latin America Aliphatic Hydrocarbon Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Aliphatic Hydrocarbon Market Size Forecast by Type
12.6.1 Varnish Makers and Painter's Naphtha
12.6.2 Mineral Spirits
12.6.3 Hexane
12.6.4 Heptane
12.6.5 Other
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Aliphatic Hydrocarbon Market Size Forecast by Applications
12.10.1 Paints & Coatings
12.10.2 Commercial & Domestic Cleaning
12.10.3 Polymer & Rubber
12.10.4 Adhesives
12.10.5 Other
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Aliphatic Hydrocarbon Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Aliphatic Hydrocarbon Market Size 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 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Aliphatic Hydrocarbon Market Size Forecast by Type
13.6.1 Varnish Makers and Painter's Naphtha
13.6.2 Mineral Spirits
13.6.3 Hexane
13.6.4 Heptane
13.6.5 Other
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Aliphatic Hydrocarbon Market Size Forecast by Applications
13.10.1 Paints & Coatings
13.10.2 Commercial & Domestic Cleaning
13.10.3 Polymer & Rubber
13.10.4 Adhesives
13.10.5 Other
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Aliphatic Hydrocarbon Market: Competitive Dashboard
14.2 Global Aliphatic Hydrocarbon Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Exxon Mobil
14.3.2 Calumet Specialty Products Partners
14.3.3 Shell Global
14.3.4 Kandla Energy and Chemicals
14.3.5 Ganga Rasaynie
14.3.6 Gadiv Petrochemical Industries
14.3.7 HCS Group
14.3.8 MK Aromatics
14.3.9 Pure Chemicals
14.3.10 Exxon Mobil
