Market Overview:
The global 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 hydrocarbons from various applications such as pharmaceuticals, energy, industrial and mobility. North America is expected to dominate the global hydrocarbon market during the forecast period owing to the presence of key players in this region and rising demand for petrochemicals from various industries.
Product Definition:
A hydrocarbon is a molecule composed of hydrogen and carbon. Hydrocarbons are the simplest organic molecules and are the building blocks of more complex molecules. They are important for two reasons: they make up most of the fuels used to power our economy, and they are also present in many important biological molecules, such as DNA.
Aliphatic:
Aliphatic is derived from the Greek word “alipes” which means round and refers to a straight-chain, non-branched hydrocarbon with no aromatic or other functional group. Aliphatic compounds are mostly used as they are or in processed form such as biofuel feedstock. The most common types of aliphatic compounds include alkanes, cycloalkanes and aralkylnes.
Aromatic:
Aromatic compounds are organic in nature and have a characteristic smell of garlic or onion. They are usually colorless, but some may be slightly colored due to the presence of impurities. Aromatic compounds can be produced by many methods; one such method is called the Friedel-Crafts alkylation which involves aniline, ethylbenzene and naphthalene being heated together in the presence of zinc dust at 100°C for 4 hours.
Application Insights:
The global hydrocarbon market is segmented by application into pharmaceuticals, energy, industrial and mobility. The industrial application segment dominated the overall market in 2017 owing to increasing demand for gasoline and other petroleum products from various industries across the globe. This trend is expected to continue over the forecast period as major economies such as China and India are rapidly developing their industrial sectors at a domestic level.
The energy sector was one of the fastest-growing segments in 2017 owing to rapid developments in renewable sources of energy generation coupled with growing concerns regarding greenhouse gas emissions caused due to burning fossil fuels for electricity generation purposes. In addition, technological advancements related to carbon capture & storage are expected drive growth further over the forecast period.
Regional Analysis:
Asia Pacific dominated the global hydrocarbon market in 2016 and is expected to continue its dominance over the forecast period. The region accounted for a share of 57.0% of the total revenue in 2016 owing to increasing demand from end-use industries, such as mobility, pharmaceuticals, and energy. China is projected to be one of the major consumers due to rapid industrialization coupled with an increase in per capita disposable income levels over time.
The Middle East & Africa was another prominent consumer as it accounted for 20.2% share of total volume consumed globally in 2016 owing to rising petroleum refining activities across countries such as Saudi Arabia and UAE that are among top refiners worldwide along with Kuwait.
Growth Factors:
- Increasing demand from end-use industries such as automotive, aerospace, and construction
- Rapid industrialization in developing countries
- Rising investment in exploration and production activities
- Technological advancements in drilling and production processes
- Growing use of hydrocarbons as a fuel source
Scope Of The Report
Report Attributes
Report Details
Report Title
Hydrocarbon Market Research Report
By Type
Aliphatic, Aromatic
By Application
Pharmaceuticals, Energy, Industrial, Mobility
By Companies
Total S.A., ExxonMobil, Shell, DowDuPont, Sinopec, Chevron, BP, Reliance Industries, Sasol Solvents, Engen Petroleum, Lyondellbasell Industries, Formosa Petrochemical Corporation
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
239
Number of Tables & Figures
168
Customization Available
Yes, the report can be customized as per your need.
Global Hydrocarbon Market Report Segments:
The global Hydrocarbon market is segmented on the basis of:
Types
Aliphatic, Aromatic
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
Pharmaceuticals, Energy, Industrial, Mobility
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:
- Total S.A.
- ExxonMobil
- Shell
- DowDuPont
- Sinopec
- Chevron
- BP
- Reliance Industries
- Sasol Solvents
- Engen Petroleum
- Lyondellbasell Industries
- Formosa Petrochemical Corporation
Highlights of The 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:
- Aliphatic
- Aromatic
- By Application:
- Pharmaceuticals
- Energy
- Industrial
- Mobility
- 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 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?
A hydrocarbon is a molecule composed of hydrogen and carbon atoms. Hydrocarbons are the most common type of molecules in the Earth's atmosphere.
Some of the major companies in the hydrocarbon market are Total S.A., ExxonMobil, Shell, DowDuPont, Sinopec, Chevron, BP, Reliance Industries, Sasol Solvents, Engen Petroleum, Lyondellbasell Industries, Formosa Petrochemical Corporation.
The hydrocarbon market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Hydrocarbon 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. Hydrocarbon Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Hydrocarbon Market - Supply Chain
4.5. Global Hydrocarbon Market Forecast
4.5.1. Hydrocarbon Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Hydrocarbon Market Size (000 Units) and Y-o-Y Growth
4.5.3. Hydrocarbon Market Absolute $ Opportunity
5. Global Hydrocarbon 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. Hydrocarbon Market Size and Volume Forecast by Type
5.3.1. Aliphatic
5.3.2. Aromatic
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Hydrocarbon 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. Hydrocarbon Market Size and Volume Forecast by Application
6.3.1. Pharmaceuticals
6.3.2. Energy
6.3.3. Industrial
6.3.4. Mobility
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Hydrocarbon 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. Hydrocarbon 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 Hydrocarbon 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. Hydrocarbon 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 Hydrocarbon Demand Share Forecast, 2019-2026
9. North America Hydrocarbon 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 Hydrocarbon 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 Hydrocarbon Market Size and Volume Forecast by Application
9.4.1. Pharmaceuticals
9.4.2. Energy
9.4.3. Industrial
9.4.4. Mobility
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Hydrocarbon Market Size and Volume Forecast by Type
9.7.1. Aliphatic
9.7.2. Aromatic
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 Hydrocarbon Demand Share Forecast, 2019-2026
10. Latin America Hydrocarbon 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 Hydrocarbon 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 Hydrocarbon Market Size and Volume Forecast by Application
10.4.1. Pharmaceuticals
10.4.2. Energy
10.4.3. Industrial
10.4.4. Mobility
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Hydrocarbon Market Size and Volume Forecast by Type
10.7.1. Aliphatic
10.7.2. Aromatic
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 Hydrocarbon Demand Share Forecast, 2019-2026
11. Europe Hydrocarbon 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 Hydrocarbon 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 Hydrocarbon Market Size and Volume Forecast by Application
11.4.1. Pharmaceuticals
11.4.2. Energy
11.4.3. Industrial
11.4.4. Mobility
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Hydrocarbon Market Size and Volume Forecast by Type
11.7.1. Aliphatic
11.7.2. Aromatic
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 Hydrocarbon Demand Share, 2019-2026
12. Asia Pacific Hydrocarbon 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 Hydrocarbon 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 Hydrocarbon Market Size and Volume Forecast by Application
12.4.1. Pharmaceuticals
12.4.2. Energy
12.4.3. Industrial
12.4.4. Mobility
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Hydrocarbon Market Size and Volume Forecast by Type
12.7.1. Aliphatic
12.7.2. Aromatic
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 Hydrocarbon Demand Share, 2019-2026
13. Middle East & Africa Hydrocarbon 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 Hydrocarbon 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 Hydrocarbon Market Size and Volume Forecast by Application
13.4.1. Pharmaceuticals
13.4.2. Energy
13.4.3. Industrial
13.4.4. Mobility
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Hydrocarbon Market Size and Volume Forecast by Type
13.7.1. Aliphatic
13.7.2. Aromatic
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 Hydrocarbon Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Hydrocarbon Market: Market Share Analysis
14.2. Hydrocarbon Distributors and Customers
14.3. Hydrocarbon Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Total S.A.
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. ExxonMobil
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Shell
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. DowDuPont
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Sinopec
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Chevron
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. BP
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Reliance Industries
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Sasol Solvents
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Engen Petroleum
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Lyondellbasell Industries
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Formosa Petrochemical Corporation
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