Aliphatic Hydrocarbon Market Size, Share, Opportunities, And Trends By Drug Class (Calcineurin Inhibitors, mTOR inhibitor, Antibodies, Others), By Application (Organ Transplantation, Autoimmune Disorder), By Distribution Channel (Online, Offline), And By Geography - Forecasts From 2025 To 2030

Report CodeKSI061617214
PublishedSep, 2025

Description

Aliphatic Hydrocarbon Market Size:

The aliphatic hydrocarbon market is valued at US$3.594 billion in 2025 and is projected to grow at a CAGR of 4.52% over the forecast period.

Aliphatic Hydrocarbon Market Key Highlights:

  • Growing Use in Various End-Use Industries: The speed at which the world is constructing and automotive industries are growing are major market factors that are driving the increased utilization of aliphatic hydrocarbons as solvents in paints, coatings, adhesives and sealants.
  • Polymer and Rubber Industry Growth: As a result of the significance of aliphatic hydrocarbons in processing and formulation, particularly in tire manufacturing and synthetic rubber manufacturing, the polymer and rubber business is creating a huge demand.
  • Shifting to Low-Aromatic and Environmentally-Friendlier Grades: As the environmental regulations start to go stricter, manufacturers are working to produce low-VOC, low-aromatic, and sustainable aliphatic hydrocarbons, as part of green chemistry.
  • Technology: Large companies are obtaining new refining and catalysis methods to improve product quality and purity to satisfy high value product demands in pharmaceuticals, personal care, electronics, etc.
  • Very Competitive Environment: It is a dynamic environment focusing on innovation and cost-efficiency because of the existence of international and regional companies, such as ExxonMobil, Shell, and BASF, and also Reliance Industries and Sinopec.

An organic compound that contains carbon and hydrogen is called an aliphatic hydrocarbon. PFE extracts it with aqueous and organic extracting solvents. These compounds are consumed as fuels, lubricants, raw materials to make fibers, industrial chemicals, plastics, rubbers, solvents, and other products. A majority of the aliphatic hydrocarbons are flammable. This market is expanding because of its use in paints and coatings, aerosol, oil and gas, adhesive and sealants, mining etc. The International Organization of Motor Vehicle Manufacturers (OICA) reported that car and commercial vehicle production increased 10 percent in 2023 over the past year.

In Germany, the production of detergents and personal care products was 11.2 billion euros in 2023, according to VCI (Verband der Chemischen Industrie). In 2022, according to the China Surfactant Industry Alliance, the total output of surfactants reached 4.262 million tons, sales volume reached 4.209 million tons, and demand reached 3.6329 million tons. China's surfactant imports were 245,700 tons, and exports were 874,800 tons. In 2022, China's surfactants were mainly exported to Russia, Japan, Vietnam, Indonesia, and the Philippines.

In 2023, the top importers of ethylene, propylene, butylene, and butadiene were Germany, with 586,592,000 Kg imports, the United States, followed by China with 483,984,000 Kg, the European Union with 466,203,000 Kg, and Belgium, according to the World Integrated Trade Solution (WITS).

The major leaders in the Aliphatic Hydrocarbon Market are ExxonMobil Corporation, BASF SE, Shell Global, Reliance Industries Limited, Sasol, and Dow, among others. These players implement growth strategies such as product launches, mergers, acquisitions, etc., to gain a competitive advantage.


The aliphatic hydrocarbon market is witnessing steady growth, largely driven by rising demand across paints and coatings, adhesives, cleaning agents, and industrial applications. Rapid urbanization and infrastructure development are fueling consumption in construction and automotive sectors, particularly in emerging economies. At the same time, the availability of low-cost raw materials in Asia-Pacific and the Middle East has made these regions global hubs for production and exports. The market is also benefiting from increased demand for solvents and thinners in packaging and consumer goods, further boosting overall consumption.

Another key trend shaping the market is the push toward sustainability and regulatory compliance. Stringent environmental regulations in regions such as North America and Europe are encouraging the shift to high-purity, low-VOC, and eco-friendly hydrocarbon solutions. Companies are investing in R&D to develop cleaner formulations that balance performance with compliance requirements. Additionally, strategic expansions, capacity additions, and partnerships across petrochemical hubs highlight the industry’s focus on securing supply chains and meeting rising global demand. Together, these trends underscore a market that is both expanding in volume and evolving toward more sustainable and specialized applications.


Aliphatic Hydrocarbon Market Dynamics

Market Drivers

    • Growing Demand for Paints and Coatings: The paint and coating industry worldwide has been growing due to several factors. The major drivers are the development and growth of new housing projects, rising infrastructural projects, growth in the automotive industry, rising aerospace and shipping industry, and growing awareness of using environment-friendly and sustainable materials. The paints and coatings have multiple applications in diverse industries. The usage of coating and paint gives gloss retention, as well as chemical, UV, and corrosion resistance. The architectural coatings segment’s growth is also contributing to its demand.
    • Use in Automobile Manufacturing: The automotive industry is growing substantially. According to OICA (International Organization of Motor Vehicle Manufacturers), the production of automotive vehicles has increased by 17% in the United Kingdom, 9% in France, and 18% in Germany in 2023 from 2022. This substantial increase is due to the demand for electric vehicles in the market.

The automobiles are generally painted with resins that further protect the metal from corrosion and rusting. The production of these vehicles is projected to increase in the future, which would further boost the aliphatic hydrocarbon market expansion. The need for clean hydrocarbon fuel will drive the segment's overall growth.

    • Increased Product Offerings: DOW Benzene is a volatile, clear, colorless, and flammable liquid aromatic hydrocarbon. It can be utilized in the manufacturing of ethylbenzene, styrene, cumene, phenol, cyclohexane, nitrobenzene, and aniline. Alkylate 105- Chevron Phillips Chemical produces a broad portfolio of hydrocarbons used across numerous major industries, from paint thinners to dry cleaning fluids to pharmaceuticals.

Also, Reliance Industries Limited offers cyclic unsaturated hydrocarbons containing one or more Benzene rings. Their Paraxylene (PX) capacity is 4.6 MMTPA, and Benzene capacity is 1.4 MMTPA. They have a production capacity of 6 MMTPA for xylenes and benzene. Further, the company's aromatics business also consists of LAB production of 135 KTPA.

Market Restraints

  • Slower Adoption in Developed and Underdeveloped: One of the key challenges faced by the market is the slower rate of adoption of artificial technologies in monitoring crops in a major chunk of the agricultural world such as more particularly in those underdeveloped areas and developing regions. Lack of infrastructure, technological complexity, and lack of adequate incentives from the government there to a low adoption rate in these areas, affecting the market growth.

Aliphatic Hydrocarbon Market Segmentation Analysis

By Application

Paints and coatings are anticipated to be a dominating sector.

Based on application, the market is classified into paints & coatings, adhesives & sealants, polymer & rubber, surfactants, dyes, and other.

The rising demand in the paints, coating and adhesive market has been the first significant trend that has influenced the aliphatic hydrocarbon market as these compounds are crucial solvents and diluents. The construction and infrastructure development activities both in advanced and third world economy are increasing the consumption of coatings and adhesives, which in turn is generating the demand of aliphatic hydrocarbons. They also have low aromatic content that makes them less odorous and less toxic and meet environmental standards, particularly in interior and exterior paints that are applied in residential and industrial applications.

This leadership is further supported by rapid growth in the construction and infrastructure industries around the world. The increasing urbanization, housing and commercial real estate construction in the developing economies like China, India, and Southeast Asia has created huge demand for decorative and protective coatings. Meanwhile, industrial uses like automotive refinishing, marine coating and machinery and pipeline protective coating remain heavily dependent on aliphatic hydrocarbons, once again entrenching their dominance of the market in this segment.

Aliphatic hydrocarbons are also facing the challenge of adapting to opportunities to stay relevant due to the push towards advanced coating technologies, including waterborne coatings, high-performance protective paints, and low-VOC formulations. With regulatory bodies increasing their efforts to limit the use of damaging emissions and toxic solvents, aliphatic hydrocarbons, especially low-VOC forms, are currently the paints and coatings product of choice in terms of environmental friendliness. This trade-off between versatility, safety, and performance means that the primary application of aliphatic hydrocarbons is still paints and coatings, and that this leadership role is likely to remain in place throughout the forecast period.


Aliphatic Hydrocarbon Market Regional Analysis

By region, the market is segmented into North America, South America, the Middle East and Africa, and Asia-Pacific.

  • North America
    North America is expected to have a significant market share for aliphatic hydrocarbon products owing to the major demand from the paint and coating industry. For instance, in May 2024, PPG built a new paint and coatings manufacturing facility in Tennessee. It would be a $300 million investment in advanced manufacturing in North America. This 250,000-square-foot facility could supply products for transportation, heavy-duty equipment, building and construction, and consumer sectors.
  • Europe
    The aliphatic hydrocarbon market is dominated by Europe, owing to its well-developed manufacturing, automobile, and construction industries. Paints and coatings, adhesives, and cleaning applications, where these solvents are commonly used, are especially in demand. The area can also be defined as having strict environmental and safety laws, particularly in the EU, that drive the industries to sustainable, low-VOC and high-purity hydrocarbon solutions. Also, green chemistry advances and the predominance of major chemical producers in Germany, France and the UK all make Europe more powerful in its role in the world market.
  • Asia-Pacific
    The Asia Pacific region is expected to see notable growth in the aliphatic hydrocarbon market due to its increasing applications in consumer electronics and the aerospace industry. Further, favorable government policies for the manufacturing of hydrocarbon will be boosting the market growth. These policies include a hydrocarbon exploration licensing policy, marketing and pricing freedom for new gas production from deepwater, ultra-deepwater, and high-pressure-high temperature areas, and a grant of extension to the production sharing contracts for small, medium-sized fields.
  • South America
    South America has the potential to support the market growth by its developing construction industry and a developing automotive aftermarket. The urbanization in Brazil, Argentina, and Chile is establishing a high demand of paints, coatings, and adhesives, which in turn promote the consumption of aliphatic hydrocarbons. Close access to oil and gas wells in the region also allows local production of hydrocarbon derivatives, making them available in the region at a lower cost and facilitating production of these solvents in large amounts.
  • The Middle East and Africa
    The Middle East and Africa (MEA) region enjoys petroleum reserves and increasing petrochemical investments, and is a major production hub in hydrocarbon-based solvents. Construction, infrastructure and industrial manufacturing (which are very intensive of coatings, adhesives and industrial cleaning products) are experiencing considerable growth in countries like Saudi Arabia, UAE and South Africa. This availability of raw materials and increased demand in the downstream makes MEA a strategically important region in the aliphatic hydrocarbon market.

Aliphatic Hydrocarbon Market Competitive Landscape

Key Industry Players

The Aliphatic Hydrocarbon Market is very competitive and the world leaders in the market, which includes ExxonMobil, Shell, BP, TotalEnergies, BASF, LyondellBasell, Dow and Mitsubishi Chemical, operate at the global level and dominate the market through vertical integration and global supply chain. Firms such as Chevron Phillips Chemical and Sasol are targeting specialty and ultra-low aromatic solvents, and serving high-precision markets, such as pharmaceuticals and electronics. Reliance industries and Sinopec are growing fast in Asia-Pacific with high customization rates, automation and good distribution networks in the region. Among these, mid-tier players are consolidating their positions with niche formulations, R&D-driven innovations and green solutions. Together, these players are defining the market by a balance of scale, innovation, and sustainability focus, and provide consistent supply to important end-use segments such as coatings, adhesives, polymers, and personal care.

List of Key Company Profiled

  • ExxonMobil Corporation
  • BASF SE
  • Shell Global
  • LyondellBasell Industries N.V.
  • Total S.A.
  • Reliance Industries Limited
  • Other

Aliphatic Hydrocarbon Market Key Developments

  • Product Launch: In May 2025, Neville announced its partnership expansion with IMCD, a global leader in distribution and formulation of specialty chemicals and ingredients. This collaboration broadens the availability of Neville Chemical’s U.S. manufactured, hydrocarbon and specialty resins to Adhesive and Coating manufactures throughout the US. One of the key product lines available through IMCD is Neville’s NEVTAC® series. These resins, manufactured in the U.S. are thermoplastic, low molecular weight, and encompass both C5 and aromatic modified aliphatic varieties. They are specifically designed to enhance the performance of formulations across a wide range of applications.
  • Company Collaboration: In March 2025, Keyser & Mackay joined forces with Wanhua Chemical in a strategic alliance to enhance the distribution of aliphatic isocyanates across Switzerland and Austria. This strategic partnership, signifies a concerted effort to optimize the supply chain of these crucial components in the regions.
  • Company Expansion: In October 2024, the Hydrocarbon Business of Larsen & Toubro (L&T) secured a prestigious order under its AdVENT Business Vertical from the government of India. It is undertaking Navratna status as India's leading fertilizers and chemicals manufacturing company. The project involved the license, engineering, procurement, and construction of a 1,200 MTPD (DAP basis) NPK fertilizer plant, associated utilities, and off-site facilities.
  • Company Acquisition: In September 2024, Gevo, Inc. agreed to acquire Red Trail Energy, LLC's ethanol production plant and carbon capture and sequestration assets for $210 million. Gevo, Inc. is a net-zero hydrocarbon fuel and chemical. The acquisition included existing CCS assets with a total sequestration capacity of 1 million metric tons per year, of which 160,000 metric tons per year are currently being utilized. This site could accommodate many future Net-Zero-type and related projects.
  • Expansion: In January 2024, PEMEX made significant progress in hydrocarbon operations. The liquid hydrocarbon production increased from 1,701 Mbd in 2019 to 1,876 Tbd in 2023. The gasoline, diesel, and jet fuel production totaled 655 Mbd by the end of 2023. The production of gasoline, diesel, and jet fuel production reached at the year-end of 2023 to 655 Tbd, of which the Deer Park refinery contributed 232 Tbd.

The Aliphatic Hydrocarbon Market is segmented and analyzed as below:

  • By Type
    • Saturated Aliphatic Hydrocarbon
    • Unsaturated Aliphatic hydrocarbon
  • By Application
    • Paints & Coatings
    • Adhesives & Sealant
    • Polymer & Rubber
    • Surfactant
    • Dyes
    • Other
  • By Geography
    • North America
      • USA
      • Canada
      • Mexico
    • South America
      • Brazil
      • Argentina
      • Rest of South America
    • Europe
      • United Kingdom
      • Germany
      • France
      • Italy
      • Spain
      • Rest of Europe
    • Middle East and Africa
      • Saudi Arabia
      • UAE
      • Rest of the Middle East and Africa
    • Asia Pacific
      • China
      • India
      • Japan
      • South Korea
      • Taiwan
      • Thailand
      • Indonesia
      • Rest of Asia-Pacific

Frequently Asked Questions (FAQs)

Aliphatic Hydrocarbon Market is valued at US$3.594 billion in 2025.

The aliphatic hydrocarbon market is expected to grow at a CAGR of 4.52% during the forecast period.

The Asia Pacific region is anticipated to hold a significant share of the aliphatic hydrocarbon market.

The aliphatic hydrocarbon market has been segmented by type, application, and geography.

Prominent key market players in the aliphatic hydrocarbon market include Chevron Phillips Chemical, Mitsubishi Chemical Corporation, Sasol, Dow, Univar Solutions LLC., among others.

Table Of Contents

1. EXECUTIVE SUMMARY

2. MARKET SNAPSHOT

2.1. Market Overview

2.2. Market Definition

2.3. Scope of the Study

2.4. Market Segmentation

3. BUSINESS LANDSCAPE

3.1. Market Drivers

3.2. Market Restraints

3.3. Market Opportunities

3.4. Porter’s Five Forces Analysis

3.5. Industry Value Chain Analysis

3.6. Policies and Regulations

3.7. Strategic Recommendations

4. TECHNOLOGICAL OUTLOOK

5. ALIPHATIC HYDROCARBON MARKET BY TYPE

5.1. Introduction

5.2. Saturated Aliphatic Hydrocarbon

5.3. Unsaturated Aliphatic Hydrocarbon

6. ALIPHATIC HYDROCARBON MARKET BY APPLICATION

6.1. Introduction

6.2. Paints & Coatings

6.3. Adhesives & Sealants

6.4. Polymer & Rubber

6.5. Surfactant

6.6. Dyes

6.7. Others

7. ALIPHATIC HYDROCARBON MARKET BY END-USE INDUSTRY

7.1. Introduction

7.2. Automotive

7.3. Construction

7.4. Pharmaceuticals

7.5. Personal Care & Cosmetics

7.6. Chemicals & Petrochemicals

7.7. Others

8. ALIPHATIC HYDROCARBON MARKET BY GEOGRAPHY

8.1. Introduction

8.2. North America

8.2.1. By Type

8.2.2. By Application

8.2.3. By End-Use Industry

8.2.4. By Country

8.2.4.1. United States

8.2.4.2. Canada

8.2.4.3. Mexico

8.3. South America

8.3.1. By Type

8.3.2. By Application

8.3.3. By End-Use Industry

8.3.4. By Country

8.3.4.1. Brazil

8.3.4.2. Argentina

8.3.4.3. Others

8.4. Europe

8.4.1. By Type

8.4.2. By Application

8.4.3. By End-Use Industry

8.4.4. By Country

8.4.4.1. United Kingdom

8.4.4.2. Germany

8.4.4.3. France

8.4.4.4. Italy

8.4.4.5. Others

8.5. Middle East & Africa

8.5.1. By Type

8.5.2. By Application

8.5.3. By End-Use Industry

8.5.4. By Country

8.5.4.1. Saudi Arabia

8.5.4.2. UAE

8.5.4.3. Others

8.6. Asia Pacific

8.6.1. By Type

8.6.2. By Application

8.6.3. By End-Use Industry

8.6.4. By Country

8.6.4.1. Japan

8.6.4.2. China

8.6.4.3. India

8.6.4.4. South Korea

8.6.4.5. Taiwan

8.6.4.6. Others

9. COMPETITIVE ENVIRONMENT AND ANALYSIS

9.1. Major Players and Strategy Analysis

9.2. Market Share Analysis

9.3. Mergers, Acquisitions, Agreements, and Collaborations

9.4. Competitive Dashboard

10. COMPANY PROFILES

10.1. ExxonMobil Corporation

10.2. BASF SE

10.3. Shell Global

10.4. LyondellBasell Industries N.V.

10.5. Total S.A.

10.6. Reliance Industries Limited

10.7. Chevron Phillips Chemical

10.8. Mitsubishi Chemical Corporation

10.9. Sasol

10.10. Dow

10.11. Univar Solutions LLC.

11. RESEARCH METHODOLOGY

Companies Profiled

ExxonMobil Corporation

BASF SE

Shell Global

LyondellBasell Industries N.V.

Total S.A.

Reliance Industries Limited

Chevron Phillips Chemical

Mitsubishi Chemical Corporation

Sasol

Dow

Univar Solutions LLC. 

Related Reports