First, for industry structure analysis, the Alkylate industry is not concentrated. These manufacturers range from large multinational corporations to small privately owned companies compete in this industry. The top five producers account for about 5.39 % of the revenue market. Regionally, USA is the biggest production value area of valves, also the leader in the whole Alkylate industry.
Second, the production of Alkylate increased from 57.29 million MT in 2013 to 65.52 million MT in 2017 with an average growth rate of 3.05%.
Third, USA occupied 58.40% of the production market in 2017. It is followed by Europe and China, which respectively account for around 12.70% and 11.46% of the global total industry. Other countries have a smaller amount of production. Geographically, USA was the largest consumption market in the world, which took about 58.30% of the global consumption volume in 2017.
Fourth, for price trend analysis, a key variable in the performance of Alkylate producers is raw material costs, specifically the speed at which any increase can be passed through to customers.
Fifth, for forecast, the global Alkylate revenue would keep increasing with annual growth rate with 0~6%. We tend to believe that this industry still has a good future, considering the current demand of Alkylate.