openPR Logo
Press release

Global Alkylate Market Industry Insights by Impact due to COVID-19 and by Region (North America, Europe, Asia-Pacific (APAC), Rest of the World)

08-07-2021 10:25 PM CET | Advertising, Media Consulting, Marketing Research

Press release from: VynZ Research

Global Alkylate Market

Global Alkylate Market

In the forecast period of 2020 to 2025, the global alkylate market is projected to expand at a CAGR of 3.1%, reaching USD 98080 million by 2025, up from USD 83650 million in 2019.

Over the projected period, the global alkylate demand is expected to be hampered by the rise of electric cars and renewable fuels. The global alkylate industry, on the other hand, is expected to be driven by a rise in demand for alkylate as additives in fuel and agrochemical formulations over the next decade, as alkylate is widely used in the manufacture of fuel, lubricants, solvents, and agrochemicals.

Get Free Sample Copy of this Research Report at https://www.vynzresearch.com/chemicals-materials/global-alkylate-market/request-sample

The global market for high-efficiency fuel in the automobile industry is expected to increase alkylate demand. During the forecast era, this trend is expected to propel the global alkylate demand.

Since December 2019, the COVID-19 pandemic has had a major global effect. According to a WHO survey, the United States, India, Russia, Brazil, Italy, France, Argentina, Spain, Colombia, the United Kingdom, Germany, and Mexico are among the countries most affected by COVID-19. The pandemic is stifling global economic activity, and it is expected to continue in 2021. Manufacturing, construction, automobiles, textiles, plastics, cosmetics, tourism, hotels, consumer products, shipping, IT and telecom, pharmaceutical, and other sectors are all affected by the epidemic. This causes many bottlenecks in the raw material supply chain for packaging, resulting in demand-supply differences. The global alkylate market is expected to be significantly impacted by this scenario.

China is the world's fastest-growing alkylate industry Asia Pacific and is expected to maintain its lead over the projected era. The country's market is being bolstered by demand from advanced automotive and aviation industries.

Over the next few years, the global automobile market, which includes passenger cars, buses, trucks, and heavy-duty vehicles, is expected to grow at a CAGR of 3.8%. Since2015, the production of automobiles has risen by 15%. The passenger car market is expected to fuel the global automotive industry, owing to rising customer disposable income. Over the projected timeframe, however, the industry is expected to be hampered by rising environmental issues and emissions.

Read Full Research Report Description at https://www.vynzresearch.com/chemicals-materials/global-alkylate-market

Alkylate is widely used in the addition of high-octane hydrocarbons to main fuels (including gasoline). Internal combustion engines use gasoline (petrol) as a fuel. The market for alkylate is expected to rise as demand for high-efficiency fuel grows in the automobile industry around the world. As a result, the global alkylate demand is expected to grow during the forecast period.

During the COVID-19 epidemic, the New York Harbor was less thirsty for alkylate pouring from India's Reliance refinery. The growth of the India alkylate industry is being hampered by such trends. The pandemic has slashed demand for premium oil, resulting in a price decrease for alkylate and a tightening of the octane spread. The growth of the alkylate industry is being hampered by excess production and thin blending margins for premium RBOB (Reformulated Gasoline Blendstock for Oxygen Blending).

During the height of the coronavirus epidemic in April, suppliers were storing surplus alkylate with the intention of keeping it there until summer 2021. Furthermore, refineries have been operating in a phased fashion, resulting in a slowdown in alkylate flows. As a result, mass vaccination of COVID-19 vaccinations and careful financial preparation of company practices are expected to boost demand growth in the third and fourth quarters of 2021.

Some of the Major Market Key Market Players are:

• Reliance
• Marathon Petroleum
• ExxonMobil
• LUKOIL
• Valero
• Shell
• Chevron Corporation
• Honeywell
• Janex SA.
• Neste
• Soltex Inc.
• Hengyi
• Sinopec
• Koch-Glitsch
• McDermott

Buy directly to this Research Report at https://www.vynzresearch.com/buy_report/TlRnMg==/YzJsdVoyeGxYM1Z6WlhKZmJHbGpaVzV6WlE9PQ==

Contact Us:

VynZ Research
Call: +91-996-028-8381
Toll-Free (U.S. and Canada): +1-888-253-3960
Email: enquiry@vynzresearch.com

About VynZ Research

VynZ Research is a market research firm offering research, analytics, and consulting services on business strategies. The company focuses on providing valuable insights on various technology verticals such as Chemicals, Automotive, Transportation, Energy, Consumer Durables, Healthcare, ICT and other emerging technologies. VynZ Research assists enterprises to take strategic decisions for helping their businesses to grow. The reports developed by VynZ are based on market facts that include comprehensive analysis and quantification of market drivers, industry dynamics, opportunities, challenges, threats, market shares and anticipated new trends & technologies arising across a wide range of industries.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Global Alkylate Market Industry Insights by Impact due to COVID-19 and by Region (North America, Europe, Asia-Pacific (APAC), Rest of the World) here

News-ID: 2349396 • Views:

More Releases from VynZ Research

Global Video Surveillance Market Research Report Analysis and Forecast by 2030
Global Video Surveillance Market Research Report Analysis and Forecast by 2030
The purpose of this Global Video Surveillance Market report is to assist executives who use integrated marketing reports that include important data to analyze and understand market and commercial conditions. However, the paper evaluates how quickly markets in the past, present, and future have changed using relevant analytical techniques, tools, and models. Growth of Global Video Surveillance Market during the projected period from 2025 to 2030 An in-depth analysis of the Global
Global Silicon Carbide Market Research Report Analysis and Forecast by 2030
Global Silicon Carbide Market Research Report Analysis and Forecast by 2030
The purpose of this Thailand Electric Three-Wheeler Market report is to assist executives who use integrated marketing reports that include important data to analyze and understand market and commercial conditions. However, the paper evaluates how quickly markets in the past, present, and future have changed using relevant analytical techniques, tools, and models. Growth of Thailand Electric Three-Wheeler Market during the projected period from 2025 to 2030 An in-depth analysis of the Thailand
Vietnam Electric Two Wheeler Market Research Report Analysis and Forecast by 2030
Vietnam Electric Two Wheeler Market Research Report Analysis and Forecast by 203 …
The purpose of this Vietnam Electric Two Wheeler Market report is to assist executives who use integrated marketing reports that include important data to analyze and understand market and commercial conditions. However, the paper evaluates how quickly markets in the past, present, and future have changed using relevant analytical techniques, tools, and models. Growth of Vietnam Electric Two Wheeler Market during the projected period from 2025 to 2030 An in-depth analysis of
Philippines Electric Three-Wheeler Market Research Report Analysis and Forecast by 2030
Philippines Electric Three-Wheeler Market Research Report Analysis and Forecast …
The purpose of this Philippines Electric Three-Wheeler Market report is to assist executives who use integrated marketing reports that include important data to analyze and understand market and commercial conditions. However, the paper evaluates how quickly markets in the past, present, and future have changed using relevant analytical techniques, tools, and models. Growth of Philippines Electric Three-Wheeler Market during the projected period from 2025 to 2030 An in-depth analysis of the Philippines

All 5 Releases


More Releases for Alkylate

Demand For Alkylate Market Is Set To Grow Steadily Over The Coming Years
Market Snapshot According to Fact.MR’s recent study on the global alkylate market, the market is expected to exhibit modest growth, ascending at around 2.5% CAGR through 2031. Expected valuation by the end of the forecast period is approximately US$ 100 Bn, with projections for 2021 indicating a market value worth US$ 78.1 Bn. Demand from the aviation and automobile sectors coupled with advancements in manufacturing infrastructure is expected to drive growth
Alkylate Market: Understand The Key Growth Drivers Developments And Innovations
The global Alkylate market size is estimated at million USD with a CAGR xx% from 2016-2020 and is expected to reach Million USD in 2021 with a CAGR xx% from 2021 to 2026. The report begins from overview of Industry Chain structure, and describes industry environment, then analyses market size and forecast of Alkylate by product, region and application, in addition, this report introduces market competition situation among the
Global Alkylate Market Survey Report, 2019-2026
Global Alkylate Market Survey Report, 2019-2026 The objective of the study is to define market sizes of different segments and countries in previous years and to forecast the values to the next Five years. The report is designed to incorporate both qualify qualitative and quantitative aspects of the industry with respect to each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about
Alkylate Market Future Trends, Industry Analysis & Forecast To 2028
Understanding the chemistry and uses of Alkylates Alkylates have high octane numbers and hence are used in the production of fuels. It helps in preventing knocking in engines, which in turn helps in extending the engine life of automotive vehicles. Alkylates are one of the key chemical intermediates to produce alkyl amines. According to new developments in scientific medicine research, Alkyl amines are being used as an alternative to produce anti-diabetic
Alkylate Market Top key Players, Size, Share, Demand, Opportunities And Forecast …
"Alkylate Market" 2019-2025 research report is an in-depth analysis of the latest trends, market size, status, upcoming technologies, industry drivers, challenges with key company profiles and strategies of players. The objective of the report is to present a complete assessment of the market and contains thoughtful insights, facts, historical data and forecasts with a suitable set of assumptions and methodology. Request Exclusive Free Sample PDF Of This Report At https://www.upmarketresearch.com/home/requested_sample/104415 The worldwide
Alkylate Market Size, Share, Development by 2024
Global Info Research offers a latest published report on Alkylate Market Analysis and Forecast 2019-2025 delivering key insights and providing a competitive advantage to clients through a detailed report. The report contains 102 pages which highly exhibit on current market analysis scenario, upcoming as well as future opportunities, revenue growth, pricing and profitability. Click to view the full report TOC, figure and tables: https://www.globalinforesearch.com/global-alkylate-market_p108785.html   Alkylate is the refining industry’s preferred gasoline additive, used