Global Alpha Olefins Market, By Product (1-Butene, 1-Hexene, 1-Octene, 1-Decene, 1-Dodecene, Others), Application (Polyolefin Co-monomers, Surfactant, Plasticizer, Lubricant, Drilling Machinery Fuel, Others), Country (U.S., Canada, Mexico, Germany, France, U.K., Italy, Spain, Russia, Turkey, Belgium, Netherlands, Switzerland, Luxemburg, Rest of Europe, Japan, China, South Korea, India, Australia And New Zealand, Singapore, Thailand, Malaysia, Indonesia, Philippines, Rest of Asia-Pacific, Brazil, Argentina, Rest of South America UAE, Saudi Arabia, Egypt, Israel, South Africa, And Rest Of Middle East and Africa) Industry Trends and Forecast to 2028
Market Analysis and Insights : Global Alpha Olefins Market
Data Bridge Market Research analyses that the alpha olefins market will witness a CAGR of 5.10% for the forecast period of 2021-2028 and is likely to reach USD 13,648.87 million by 2028.
The oligomerization of ethylene produces alpha olefins, which are organic molecules. Products with even-numbered carbon chains, usually ranging from C4 to C30+, are produced during the oligomerization process. Co-monomer for polyolefin manufacture, synthetic lubricant production, as a surfactant in detergent production, and crude oil refining are the most common uses for these compounds.
The growing demand for polyethylene and pao-based synthetic lubricants which will further increase the demand for antiscalants will influence the growth of alpha olefins market. Furthermore, surge in the growth of end-use industries and increasing crude oil refining worldwide will accelerate the alpha olefins market growth rate.
Also, rise in the R&D investment for the development of alpha olefins from various sources will provide beneficial opportunities for the alpha olefins market growth.
However, fluctuating prices of ethylene and strict regulations associated with the environment will hamper the alpha olefins market's growth. Availability of alternatives in the market such as tungsten disulphide and advancement in the nanoparticle based lubricants will challenge the alpha olefins market growth rate.
This alpha olefins market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographical expansions, technological innovations in the market. To gain more info on alpha olefins market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Alpha Olefins Market Scope and Market Size
The alpha olefins market is segmented on the basis of product and application. The growth amongst the different segments helps you in attaining the knowledge related to the different growth factors expected to be prevalent throughout the market and formulate different strategies to help identify core application areas and the difference in your target market.
- On the basis of product, the alpha olefins market is segmented into 1-butene, 1-hexene, 1-octene, 1-decene, 1-dodecene and others.
- On the basis of application, the alpha olefins market is segmented into polyolefin comonomers, surfactant, plasticizer, lubricant, drilling machinery fuel and others.
Alpha Olefins Market Country Level Analysis
The alpha olefins market is analysed and market size, volume information is provided by country, product and application as referenced above.
The countries covered in the alpha olefins market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
North America dominates the alpha olefins market and will continue to flourish its dominance during the forecast period due to the surge in the production of shale gas and the rise in the level of investment in the oil and gas sector. Asia-Pacific will continue to however project the highest CAGR for this period because of the growing demand for alpha olefins in this region.
The country section of the alpha olefins market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Alpha Olefins Market Share Analysis
The alpha olefins market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to alpha olefins market.
The major players covered in the alpha olefins market report are INEOS AG, Chevron Phillips Chemical Company LLC, Exxon Mobil Corporation, Mitsubishi Chemical Corporation, Qatar Chemical Company Ltd, Sasol, Evonik Industries AG, Dow, Royal Dutch Shell, SABIC, Idemitsu Kosan Co.Ltd., Petro Rabigh, National Petrochemical Company, Jam Petrochemical Company, TPC Group, among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
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