Acyclic Hydrocarbons Market

Acyclic hydrocarbons market: read new facts and figures powered by an Ai-driven business intelligence tool. Statistics provide companies, production, exports, imports, market size, trade, consumption, and market prices. There is a breakdown by region, including the U.K., China, the Middle East, Latin America, the U.S., Africa, Russia, and EU. Market dynamics and outlook to 2030 are also featured in the reports.

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Acyclic Hydrocarbons - World's Largest Markets

In value terms, China led the market, alone. The second position in the ranking was occupied by Japan. It was followed by Mexico.

From 2018 to 2020, the average annual rate of growth in terms of value in China stood at +1.4%. The remaining consuming countries recorded the following average annual rates of market growth: Japan (+3.8% per year) and Mexico (-5.6% per year).

Acyclic Hydrocarbons Prices

Acyclic Hydrocarbons - Top Importers

In value terms, China ($3.2B), Belgium ($2.1B) and the United States ($1.5B) constituted the countries with the highest levels of imports in 2020, with a combined 40% share of global imports. South Korea, the Netherlands, Germany, India, Indonesia, Sweden, Taiwan (Chinese), Singapore, Canada and Finland lagged somewhat behind, together comprising a further 36%.

Among the main importing countries, India recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other global leaders experienced mixed trends in the imports figures.

Acyclic Hydrocarbons - Top Exporters

In value terms, the largest acyclic hydrocarbons supplying countries worldwide were the United States ($2.7B), South Korea ($1.9B) and the Netherlands ($1.6B), together comprising 36% of global exports. Belgium, Germany, Iran, India, Japan, the UK, Canada, Russia, Singapore and Malaysia lagged somewhat behind, together accounting for a further 44%.

Belgium saw the highest growth rate of the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other global leaders experienced mixed trends in the exports figures.

Acyclic Hydrocarbons - Market Forecast

Driven by rising demand for acyclic hydrocarbons worldwide, the market is expected to start an upward consumption trend over the next decade. The performance of the market is forecast to increase slightly, with an anticipated CAGR of for the period from 2020 to 2030, which is projected to bring the market volume to by the end of 2030.

Acyclic Hydrocarbons - Top Companies

BASF SE, PETRONIKA, PT, SAUDI BASIC INDUSTRIES CORPORATION (SABIC), BASF Corporation, Braskem S/A, Umicore SA, SHIN-ETSU CHEMICAL CO., LTD., MITSUI CHEMICALS,INC., FORMOSA CHEMICALS & FIBRE CORP., TOSOH CORPORATION, B.A.S.F. Antwerpen N.V. NV, SHOWA DENKO K.K., UBE INDUSTRIES, LTD., MITSUBISHI GAS CHEMICAL COMPANY,INC., Lonza AG, North Huajin Chemical Industries Co., Ltd., Union Carbide Corporation, Wacker Chemical Corporation, EQUATE PETROCHEMICAL COMPANY K.S.C.C., VWR Corporation

Acyclic Hydrocarbons - Product Coverage

• HS 290110 - Acyclic hydrocarbons; saturated
• HS 290121 - Acyclic hydrocarbons; unsaturated, ethylene
• HS 290222
• HS 290123 - Acyclic hydrocarbons; unsaturated, butene (butylene) and isomers thereof
• HS 290124 - Acyclic hydrocarbons; unsaturated, buta-1,3-diene and isoprene
• HS 290129 - Acyclic hydrocarbons; unsaturated, n.e.s. in heading no. 2901

Source: IndexBox Market Intelligence Platform