Acia Pacific to Hold the Lion’s Share in Alkylate Market, 2021-2031

Key Segments Covered

– Production Process Sulfuric Acid Alkylation Process Hydrofluoric Acid Alkylation Process Others – End Use Alkylate for Aviation Alkylate for Automobiles Alkylate for Agriculture Alkylate for Electronics Others

Key Segments Covered

–– Application Solvents Surfactants & Synthetic Sulfonates Specialty Lubricants Functional Fluids Additives Others

Key Takeaways From the Market Study

– Global alkylate market projected to expand 1.3x from 2021 to 2031 – By application, solvents to enjoy highest growth, at a CAGR of 3% – Aviation to emerge as the dominant end use industry, growing at over 2% CAGR – Growing requirement from aviation and automobile sectors to bolster demand growth

Analyst View

With key end-use sectors getting back on track, suppliers of alkylate are subject to impressive growth. Furthermore, growing demand for hydrofluoric acid alkylation and sulfuric acid alkylation is set to raise the profit margins for manufacturers in future,” says a Fact.MR analyst.

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