C5-C8 Normal Paraffin Market By Type (C5-C6, C7-C8, and Multicomponent (C5-C8)), By Application (Gasoline Blending, and Chemical Intermediate), and By Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Market Trends, Analysis, and Forecast till 2034

Report Code: PMI315019 | Publish Date: March 2024 | No. of Pages: 174

Global CC Normal Paraffin Market Overview

C5-C8 normal paraffin market report published by Prophecy Market Insights offers holistic view of various influencing factors and aims to answer all the target market related questions.

The research scope provides comprehensive market size, and other in-depth market information details such as, market growth supporting factors, restraining factors, trends, opportunities, market risk factors, market competition, product and services advancements and launches, product/services related regulations overview, and recent developments for the mentioned forecast period. In addition, the report provides key examination of market players operating in the specific market and analysis and outcomes related with the target market for more than 20 countries.

In the current research scope 2023 is considered as base year and 2024 is estimated year for market value/volume calculations. The report offers market estimates for the forecast period – 2024 to 2034. The report provides factual inputs and analysis based on primary and secondary research, which includes insights gained through in-depth interviews with primary research participants. Also, the data is gathered from authentic secondary sources and is verified by key opinion leaders in the target market. The in-house research is applied on gathered information to provide more accurate data points and reduce the margin of error. The in-house research and analysis efforts include various tools and 360o data analysis methodology.

C5-C8 normal paraffin market report segments the market on the basis of type, application, and region.

C5-C8 normal paraffin market by type:

  • C5 ? C6
  • C7 ? C8
  • Multicomponent (C5 ? C8)

C5-C8 normal paraffin market by application:

  • Gasoline Blending
  • Chemical Intermediate

C5-C8 normal paraffin market by region:

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East & Africa

The report expected to answer various target market related questions and offers insights on:

  • Definition, description, overview of market growth influencing factors, and forecast for the target market
  • Scope for related market in the forecast period
  • Analysis and outcome for the C5-C8 normal paraffin market by segment and region followed by countries
  • Market segmentation, dominating segment and region followed by country along with market value, share, Y-o-Y growth, CAGR, forecast, and contribution in the market
  • Key market player profiles, their recent developments, strategies, financial details, key competencies, presence by region, and product portfolio
  • Valuable insights, data, and forecast that can be referenced to plan business strategies, to tap market opportunities, understand business related risks, derive business goals, to recognize trends, and understand target customer/end users
  • Insights on recent technologies, pipeline products, regulations related with target market, market investment, and offers insights on political and economic factors that may influence market growth
  • PEST Analysis, PORTER’s five forces analysis, opportunity map analysis, drivers and restraints impact analysis, and market attractiveness index

Global CC Normal Paraffin Market Competitive Landscape & Key Players

Key players in the C5-C8 normal paraffin market include:

  • ExxonMobil Corporation
  • BP Plc
  • Royal Dutch Shell plc.
  • China Petroleum & Chemical Corp (Sinopec Corporation)
  • Phillips 66 Company
  • Calumet Specialty Products Partners, L.P.
  • Indian Oil Corporation Ltd
  • Sasol Ltd
  • Rompetrol Rafinare S.A
  • Petrobras

Prophecy Market Insights offers required customization on this report according to specific business related research requirements.

FAQs

C5-C8 normal paraffin market report segments the market on the basis of type, application, and region

Growing demand for iso-C5/C6 compounds for gasoline blending is anticipated to drive the market over the course of the forecast period. The surging demand for several chemical intermediates that find applications in chemical, polymer, paints and coatings, and agrochemical industries, among others is expected to augur well for the growth in consumption of C5-C8 normal paraffin.

North America market is projected to dominate the target market owing to growth in the automotive industry over the forecast period

Prominent players operating in the target market are focusing on the strategic partnerships as well as launching the products in order to gain a competitive edge in the target market. For instance, In March 2020, ExxonMobil released a model framework for industry-wide methane regulations and urged stakeholders, policymakers and governments to develop comprehensive, enhanced rules to reduce emissions in all phases of production.