C5-C8 Normal Paraffin Ether Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2031 - By Product, Technology, Grade, Application, End-user, Region: (North America, Europe, Asia Pacific, Latin America and Middle East and Africa)

Description

Proliferating demand for high octane gasoline across the globe is a key driving factor for the C5 - C8 normal paraffin market. With C5 - C6 normal paraffin being a crucial component in the production of iso-C5/C6 compounds, which are used to enhance gasoline's octane number, the market is poised for significant growth.

Rising Automotive Industry and Gasoline-Powered Vehicles Driving Market Growth

The growth of the automotive industry, coupled with the increasing number of gasoline-powered vehicles in developing regions, is expected to drive the demand for high octane gasoline. This, in turn, is anticipated to propel the growth of the C5 - C8 normal paraffin market. As more vehicles hit the roads, the need for efficient and high-performance gasoline becomes paramount, further boosting the market for these paraffins.

Oil and Gas Industry Recovery Spurs Market Expansion

The recovery of the oil and gas industry, along with expanding refining capacities, provides significant impetus for the growth of the C5 - C8 normal paraffin market. These paraffin fractions are crucial in forming several chemical products, including n-pentane, n-hexane, and n-heptane, which are essential for various industrial applications.

Diverse Industrial Applications Enhance Market Demand

N-paraffins are extensively used as special-purpose solvents in industries such as cleaning, adhesives and sealants, and pharmaceuticals. The growing demand for C5 - C8 derivative compounds is expected to accelerate the market's growth. The versatility and utility of these compounds make them indispensable across various sectors.

Surging Demand in Key Sectors

The demand for C5 - C8 n-paraffin fractions is rising across different sectors. N-pentane, for instance, is increasingly used in the production of polystyrene foam and pharmaceuticals, driving its market growth. Similarly, n-hexane is in high demand from end-use industries such as adhesives and sealants, agrochemicals, and pharmaceuticals, further boosting the C5 - C8 normal paraffin market.

Automotive and Packaging Industries Fueling N-Heptane Demand

The intensifying progress in automobile production and the growing demand for packaging materials are fueling the demand for adhesives and sealants, subsequently driving the n-heptane market. As these industries expand, the need for n-heptane in various synthesis and adhesive applications continues to grow, positively impacting the C5 - C8 n-paraffin market.

N-Octane's Role in the Oil and Gas Industry

N-octane n-paraffin compounds are crucial in the oil and gas industry for analyzing the octane number in automobile fuel and other gasoline and petrochemical products. The rising demand for gasoline and petrochemical products from industries such as plastics, adhesives and sealants, pharmaceuticals, chemicals, and cosmetics is expected to bolster the growth of the global C5 - C8 n-paraffin market.

Market Consolidation and Expansion: Opportunities for Growth

The C5 - C8 normal paraffin market is witnessing significant consolidation and expansion activities. Companies are making concerted efforts to meet the growing demand for gasoline and gain access to high-revenue markets, particularly in the Asia Pacific region. Key players are focusing on strengthening their presence in countries like India, China, and ASEAN nations.

Strategic Moves by Key Players

In a strategic move, ExxonMobil expanded its hydrocarbon fluids production capacity by 250,000 tons per year at its Antwerp, Singapore, and Texas plants. Such expansions and consolidations are expected to provide long-term growth opportunities for companies operating in the C5 - C8 normal paraffin market.

Market Segmentation for C5-C8 Normal Paraffin Market

By Application

Gasoline Blending
Chemical Intermediate

By Product Type

C5 - C6
C7 - C8
Multicomponent (C5 - C8)

By Region

North America
Europe
Latin America
China
Japan
Southeast Asia Pacific
Middle East & Africa

1. Executive Summary

1.1. Global C5-C8 Normal Paraffin Market Snapshot
1.2. Future Projections
1.3. Key Market Trends
1.4. Regional Snapshot, by Value, 2024
1.5. Analyst Recommendations

2. Market Overview

2.1. Market Definitions and Segmentations
2.2. Market Dynamics
- 2.2.1. Drivers
- 2.2.2. Restraints
- 2.2.3. Market Opportunities
2.3. Value Chain Analysis
2.4. Porter's Five Forces Analysis
2.5. COVID-19 Impact Analysis
- 2.5.1. Supply
- 2.5.2. Demand
2.6. Impact of Ukraine-Russia Conflict
2.7. Economic Overview
- 2.7.1. World Economic Projections
2.8. PESTLE Analysis

3. Production Output and Trade Statistics, 2018-2024

3.1. Global C5-C8 Normal Paraffin, Production Output, by Region, 2018 - 2024
- 3.1.1. North America
- 3.1.2. Europe
- 3.1.3. Asia Pacific
- 3.1.4. Latin America
- 3.1.5. Middle East & Africa

4. Global C5-C8 Normal Paraffin Market Outlook, 2018 - 2031

4.1. Global C5-C8 Normal Paraffin Market Outlook, by Product Type, Volume (Tons) and Value (US$ Bn), 2018 - 2031
- 4.1.1. Key Highlights
  - 4.1.1.1. C5 - C6
  - 4.1.1.2. C7 - C8
  - 4.1.1.3. Multicomponent (C5 - C8)
4.2. Global C5-C8 Normal Paraffin Market Outlook, by Application, Volume (Tons) and Value (US$ Bn), 2018 - 2031
- 4.2.1. Key Highlights
  - 4.2.1.1. Gasoline Blending
  - 4.2.1.2. Chemical Intermediate
4.3. Global C5-C8 Normal Paraffin Market Outlook, by Region, Volume (Tons) and Value (US$ Bn), 2018 - 2031
- 4.3.1. Key Highlights
  - 4.3.1.1. North America
  - 4.3.1.2. Europe
  - 4.3.1.3. Asia Pacific
  - 4.3.1.4. Latin America
  - 4.3.1.5. Middle East & Africa

5. North America C5-C8 Normal Paraffin Market Outlook, 2018 - 2031

5.1. North America C5-C8 Normal Paraffin Market Outlook, by Product Type, Volume (Tons) and Value (US$ Bn), 2018 - 2031
- 5.1.1. Key Highlights
  - 5.1.1.1. C5 - C6
  - 5.1.1.2. C7 - C8
  - 5.1.1.3. Multicomponent (C5 - C8)
5.2. North America C5-C8 Normal Paraffin Market Outlook, by Application, Volume (Tons) and Value (US$ Bn), 2018 - 2031
- 5.2.1. Key Highlights
  - 5.2.1.1. Gasoline Blending
  - 5.2.1.2. Chemical Intermediate
- 5.2.2. BPS Analysis/Market Attractiveness Analysis
5.3. North America C5-C8 Normal Paraffin Market Outlook, by Country, Volume (Tons) and Value (US$ Bn), 2018 - 2031
- 5.3.1. Key Highlights
  - 5.3.1.1. U.S. C5-C8 Normal Paraffin Market by Product Type, Volume (Tons) and Value (US$ Bn), 2018 - 2031
  - 5.3.1.2. U.S. C5-C8 Normal Paraffin Market Application, Volume (Tons) and Value (US$ Bn), 2018 - 2031
  - 5.3.1.3. Canada C5-C8 Normal Paraffin Market by Product Type, Volume (Tons) and Value (US$ Bn), 2018 - 2031
  - 5.3.1.4. Canada C5-C8 Normal Paraffin Market Application, Volume (Tons) and Value (US$ Bn), 2018 - 2031
- 5.3.2. BPS Analysis/Market Attractiveness Analysis

6. Europe C5-C8 Normal Paraffin Market Outlook, 2018 - 2031

6.1. Europe C5-C8 Normal Paraffin Market Outlook, by Product Type, Volume (Tons) and Value (US$ Bn), 2018 - 2031
- 6.1.1. Key Highlights
  - 6.1.1.1. C5 - C6
  - 6.1.1.2. C7 - C8
  - 6.1.1.3. Multicomponent (C5 - C8)
6.2. Europe C5-C8 Normal Paraffin Market Outlook, by Application, Volume (Tons) and Value (US$ Bn), 2018 - 2031
- 6.2.1. Key Highlights
  - 6.2.1.1. Gasoline Blending
  - 6.2.1.2. Chemical Intermediate
- 6.2.2. BPS Analysis/Market Attractiveness Analysis
6.3. Europe C5-C8 Normal Paraffin Market Outlook, by Country, Volume (Tons) and Value (US$ Bn), 2018 - 2031
- 6.3.1. Key Highlights
  - 6.3.1.1. Germany C5-C8 Normal Paraffin Market by Product Type, Volume (Tons) and Value (US$ Bn), 2018 - 2031
  - 6.3.1.2. Germany C5-C8 Normal Paraffin Market Application, Volume (Tons) and Value (US$ Bn), 2018 - 2031
  - 6.3.1.3. U.K. C5-C8 Normal Paraffin Market by Product Type, Volume (Tons) and Value (US$ Bn), 2018 - 2031
  - 6.3.1.4. U.K. C5-C8 Normal Paraffin Market Application, Volume (Tons) and Value (US$ Bn), 2018 - 2031
  - 6.3.1.5. France C5-C8 Normal Paraffin Market by Product Type, Volume (Tons) and Value (US$ Bn), 2018 - 2031
  - 6.3.1.6. France C5-C8 Normal Paraffin Market Application, Volume (Tons) and Value (US$ Bn), 2018 - 2031
  - 6.3.1.7. Italy C5-C8 Normal Paraffin Market by Product Type, Volume (Tons) and Value (US$ Bn), 2018 - 2031
  - 6.3.1.8. Italy C5-C8 Normal Paraffin Market Application, Volume (Tons) and Value (US$ Bn), 2018 - 2031
  - 6.3.1.9. Turkey C5-C8 Normal Paraffin Market by Product Type, Volume (Tons) and Value (US$ Bn), 2018 - 2031
  - 6.3.1.10. Turkey C5-C8 Normal Paraffin Market Application, Volume (Tons) and Value (US$ Bn), 2018 - 2031
  - 6.3.1.11. Russia C5-C8 Normal Paraffin Market by Product Type, Volume (Tons) and Value (US$ Bn), 2018 - 2031
  - 6.3.1.12. Russia C5-C8 Normal Paraffin Market Application, Volume (Tons) and Value (US$ Bn), 2018 - 2031
  - 6.3.1.13. Rest of Europe C5-C8 Normal Paraffin Market by Product Type, Volume (Tons) and Value (US$ Bn), 2018 - 2031
  - 6.3.1.14. Rest of Europe C5-C8 Normal Paraffin Market Application, Volume (Tons) and Value (US$ Bn), 2018 - 2031
- 6.3.2. BPS Analysis/Market Attractiveness Analysis

7. Asia Pacific C5-C8 Normal Paraffin Market Outlook, 2018 - 2031

7.1. Asia Pacific C5-C8 Normal Paraffin Market Outlook, by Product Type, Volume (Tons) and Value (US$ Bn), 2018 - 2031
- 7.1.1. Key Highlights
  - 7.1.1.1. C5 - C6
  - 7.1.1.2. C7 - C8
  - 7.1.1.3. Multicomponent (C5 - C8)
7.2. Asia Pacific C5-C8 Normal Paraffin Market Outlook, by Application, Volume (Tons) and Value (US$ Bn), 2018 - 2031
- 7.2.1. Key Highlights
  - 7.2.1.1. Gasoline Blending
  - 7.2.1.2. Chemical Intermediate
- 7.2.2. BPS Analysis/Market Attractiveness Analysis
7.3. Asia Pacific C5-C8 Normal Paraffin Market Outlook, by Country, Volume (Tons) and Value (US$ Bn), 2018 - 2031
- 7.3.1. Key Highlights
  - 7.3.1.1. China C5-C8 Normal Paraffin Market by Product Type, Volume (Tons) and Value (US$ Bn), 2018 - 2031
  - 7.3.1.2. China C5-C8 Normal Paraffin Market Application, Volume (Tons) and Value (US$ Bn), 2018 - 2031
  - 7.3.1.3. China C5-C8 Normal Paraffin Market Purity, Volume (Tons) and Value (US$ Bn), 2018 - 2031
  - 7.3.1.4. Japan C5-C8 Normal Paraffin Market by Product Type, Volume (Tons) and Value (US$ Bn), 2018 - 2031
  - 7.3.1.5. Japan C5-C8 Normal Paraffin Market Application, Volume (Tons) and Value (US$ Bn), 2018 - 2031
  - 7.3.1.6. South Korea C5-C8 Normal Paraffin Market by Product Type, Volume (Tons) and Value (US$ Bn), 2018 - 2031
  - 7.3.1.7. South Korea C5-C8 Normal Paraffin Market Application, Volume (Tons) and Value (US$ Bn), 2018 - 2031
  - 7.3.1.8. India C5-C8 Normal Paraffin Market by Product Type, Volume (Tons) and Value (US$ Bn), 2018 - 2031
  - 7.3.1.9. India C5-C8 Normal Paraffin Market Application, Volume (Tons) and Value (US$ Bn), 2018 - 2031
  - 7.3.1.10. Southeast Asia C5-C8 Normal Paraffin Market by Product Type, Volume (Tons) and Value (US$ Bn), 2018 - 2031
  - 7.3.1.11. Southeast Asia C5-C8 Normal Paraffin Market Application, Volume (Tons) and Value (US$ Bn), 2018 - 2031
  - 7.3.1.12. Rest of Asia Pacific C5-C8 Normal Paraffin Market by Product Type, Volume (Tons) and Value (US$ Bn), 2018 - 2031
  - 7.3.1.13. Rest of Asia Pacific C5-C8 Normal Paraffin Market Application, Volume (Tons) and Value (US$ Bn), 2018 - 2031
- 7.3.2. BPS Analysis/Market Attractiveness Analysis

8. Latin America C5-C8 Normal Paraffin Market Outlook, 2018 - 2031

8.1. Latin America C5-C8 Normal Paraffin Market Outlook, by Product Type, Volume (Tons) and Value (US$ Bn), 2018 - 2031
- 8.1.1. Key Highlights
  - 8.1.1.1. C5 - C6
  - 8.1.1.2. C7 - C8
  - 8.1.1.3. Multicomponent (C5 - C8)
8.2. Latin America C5-C8 Normal Paraffin Market Outlook, by Application, Volume (Tons) and Value (US$ Bn), 2018 - 2031
- 8.2.2. BPS Analysis/Market Attractiveness Analysis
8.3. Latin America C5-C8 Normal Paraffin Market Outlook, by Country, Volume (Tons) and Value (US$ Bn), 2018 - 2031
- 8.3.1. Key Highlights
  - 8.3.1.1. Brazil C5-C8 Normal Paraffin Market by Product Type, Volume (Tons) and Value (US$ Bn), 2018 - 2031
  - 8.3.1.2. Brazil C5-C8 Normal Paraffin Market Application, Volume (Tons) and Value (US$ Bn), 2018 - 2031
  - 8.3.1.3. Mexico C5-C8 Normal Paraffin Market by Product Type, Volume (Tons) and Value (US$ Bn), 2018 - 2031
  - 8.3.1.4. Mexico C5-C8 Normal Paraffin Market Application, Volume (Tons) and Value (US$ Bn), 2018 - 2031
  - 8.3.1.5. Argentina C5-C8 Normal Paraffin Market by Product Type, Volume (Tons) and Value (US$ Bn), 2018 - 2031
  - 8.3.1.6. Argentina C5-C8 Normal Paraffin Market Application, Volume (Tons) and Value (US$ Bn), 2018 - 2031
  - 8.3.1.7. Rest of Latin America C5-C8 Normal Paraffin Market by Product Type, Volume (Tons) and Value (US$ Bn), 2018 - 2031
  - 8.3.1.8. Rest of Latin America C5-C8 Normal Paraffin Market Application, Volume (Tons) and Value (US$ Bn), 2018 - 2031
- 8.3.2. BPS Analysis/Market Attractiveness Analysis

9. Middle East & Africa C5-C8 Normal Paraffin Market Outlook, 2018 - 2031

9.1. Middle East & Africa C5-C8 Normal Paraffin Market Outlook, by Product Type, Volume (Tons) and Value (US$ Bn), 2018 - 2031
- 9.1.1. Key Highlights
  - 9.1.1.1. C5 - C6
  - 9.1.1.2. C7 - C8
  - 9.1.1.3. Multicomponent (C5 - C8)
9.2. Middle East & Africa C5-C8 Normal Paraffin Market Outlook, by Application, Volume (Tons) and Value (US$ Bn), 2018 - 2031
- 9.2.1. Key Highlights
  - 9.2.1.1. Gasoline Blending
  - 9.2.1.2. Chemical Intermediate
- 9.2.2. BPS Analysis/Market Attractiveness Analysis
9.3. Middle East & Africa C5-C8 Normal Paraffin Market Outlook, by Country, Volume (Tons) and Value (US$ Bn), 2018 - 2031
- 9.3.1. Key Highlights
  - 9.3.1.1. GCC C5-C8 Normal Paraffin Market by Product Type, Volume (Tons) and Value (US$ Bn), 2018 - 2031
  - 9.3.1.2. GCC C5-C8 Normal Paraffin Market Application, Volume (Tons) and Value (US$ Bn), 2018 - 2031
  - 9.3.1.3. South Africa C5-C8 Normal Paraffin Market by Product Type, Volume (Tons) and Value (US$ Bn), 2018 - 2031
  - 9.3.1.4. South Africa C5-C8 Normal Paraffin Market Application, Volume (Tons) and Value (US$ Bn), 2018 - 2031
  - 9.3.1.5. Egypt C5-C8 Normal Paraffin Market by Product Type, Volume (Tons) and Value (US$ Bn), 2018 - 2031
  - 9.3.1.6. Egypt C5-C8 Normal Paraffin Market Application, Volume (Tons) and Value (US$ Bn), 2018 - 2031
  - 9.3.1.7. Nigeria C5-C8 Normal Paraffin Market by Product Type, Volume (Tons) and Value (US$ Bn), 2018 - 2031
  - 9.3.1.8. Nigeria C5-C8 Normal Paraffin Market Application, Volume (Tons) and Value (US$ Bn), 2018 - 2031
  - 9.3.1.9. Rest of Middle East & Africa C5-C8 Normal Paraffin Market by Product Type, Volume (Tons) and Value (US$ Bn), 2018 - 2031
  - 9.3.1.10. Rest of Middle East & Africa C5-C8 Normal Paraffin Market Application, Volume (Tons) and Value (US$ Bn), 2018 - 2031
- 9.3.2. BPS Analysis/Market Attractiveness Analysis

10. Competitive Landscape

10.1. Purity vs Application Heatmap
10.2. Manufacturer vs Application Heatmap
10.3. Company Market Share Analysis, 2024
10.4. Competitive Dashboard
10.5. Company Profiles
- 10.5.1. ExxonMobil Corporation
  - 10.5.1.1. Company Overview
  - 10.5.1.2. Product Portfolio
  - 10.5.1.3. Financial Overview
  - 10.5.1.4. Business Strategies and Development
- 10.5.2. BP Plc
- 10.5.3. Royal Dutch Shell plc.
- 10.5.4. China Petroleum & Chemical Corp (Sinopec Corporation)
- 10.5.5. Phillips 66 Company
- 10.5.6. Calumet Specialty Products Partners, L.P.
- 10.5.7. Indian Oil Corporation Ltd
- 10.5.8. Sasol Ltd
- 10.5.9. Compania Espanola de Petroleos (CEPSA)
- 10.5.10. Petrobras
- 10.5.11. Rompetrol Rafinare S.A
- 10.5.12. Thai Oil Public Company Ltd
- 10.5.13. Bharat Petroleum Corporation Limited
- 10.5.14. The Linde Group
- 10.5.15. Air Liquide S.A.
- 10.5.16. Neste Oyj
- 10.5.17. Oil Co. Lukoil PJSC
- 10.5.18. Ergon Inc.
- 10.5.19. Junyuan Petroleum Group
- 10.5.20. Liaoning Yufeng Chemical Co., Ltd.
- 10.5.21. Beyond Industries (China) Limited
- 10.5.22. Jilin Beihua Fine Chemical Co., Ltd.
- 10.5.23. Puyang Zhongwei Fine Chemical Co., Ltd.

11. Appendix

11.1. Research Methodology
11.2. Report Assumptions
11.3. Acronyms and Abbreviations