Market size on December 1 will reach $ 950.7 million by 2028

0

[ad_1]

1-Decene Market Size – $ 595.5 Million in 2020, Market Growth – 5.9% CAGR, Market Trends – Growing Demand for Surfactants Among End Users

The global 1-Decene market is expected to reach $ 950.7 million by 2028, according to a new report from Reports and Data. The growing demand for poly alpha olefins is one of the major factors estimated to drive the market demand. Strict regulatory standards in the food and cosmetics industries, along with growing environmental concerns in the automotive industries, have led to increased demand for synthetic lubricants, which in turn, would help drive market growth over the period. forecast.

1-Decene is used as a chemical intermediate in the manufacture of detergents and their derivatives, which finds application in the production of industrial surfactants. Increasing demand for surfactants from end-user industries is causing an increase in demand for 1-decene. Other advantages of the product include its use as specialized industrial chemicals (perfumes, flavors, pharmaceuticals, colors, oils and resins), comonomer for specific copolymers, production of amines, oxo alcohols, epoxides, synthetic fatty acids and alkylated aromatics, among others.

Major participants include Royal Dutch Shell, Chevron Phillips Chemical Company, SABIC, Sasol Limited, ExxonMobil Corporation, Ineos Group Limited, Qatar Chemical Company, Idemitsu Petrochemical Company, Sigma-Aldrich and Alfa Aesar, among others.

For a sample copy of the report, visit @ https://www.reportsanddata.com/sample-enquiry-form/1996

The Asia-Pacific region is expected to experience the highest growth during the forecast period. The growth of the market in the region is due to the easy availability of raw materials. In addition, the increasing demand for polyethylene in developing countries such as China and India is expected to cause market demand to escalate during the forecast period. China leads in terms of Northeast Asia consumption for the EP in 2018, with domestic consumption likely to increase by around 10 million tonnes by 2021, which is roughly half of the total world demand. China generates 97.0% of the demand for PE in the region.

For the purpose of this report, reports and data have segmented the global 1-Decene market on the basis of grade, application, end-users, and region:

Quality Outlook (Volume, Kilotons; 2018-2028 and Revenue, USD Million; 2018-2028)

Application Outlook (Volume, Kilotons; 2018-2028 and Revenue, USD Million; 2018-2028)

  • Polyethylene
  • Poly Alpha Olefins
  • Detergent alcohols
  • Other

End User Outlook (Volume, Kilotons; 2018-2028 and Revenue, USD Million; 2018-2028)

  • Food and beverage industry
  • Pharmaceutical industry
  • Paints and dyes industry
  • Other

Regional Outlook (Volume, Kilotonnes; 2018-2028 and Revenue, USD Million; 2018-2028)

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • AEM

Browse the full report @ https://www.reportsanddata.com/report-detail/1-decene-market

Other key findings from the report suggest

  • By grade, the synthetic 1-decene market dominated the market in 2018 and is expected to grow at a rate of 3.9% during the forecast period. The market dominance of this quality is due to the low price and easy availability of the product for use in end user industries.
  • By application, poly alpha olefins contributed the largest market share in 2018 and are expected to experience a growth rate of 3.8% during the forecast period. Poly alpha olefin is the most synthetic base oil used in automotive and industrial lubricants. PAOs find many applications in automotive fluids as well as hydraulic, bearing and gear oils operating under extreme conditions. In addition, these are used as base fluids in certain greases with a wide temperature range.
  • Europe held the largest market share in 2018 and is expected to grow at a rate of 3.7% during the forecast period. The strong demand in the region is due to high consumption, increasing production capacities, competitive production costs and high economic growth.
  • In May 2019, Chevron Phillips Chemical Company, a leading market player, announced that it was continuing to research the addition of a 1-Hexene unit globally. The addition would increase the production of normal alpha-olefins (NAO), promoted under the brand name Alpha Plus®. NAO is widely used in the production of polyethylene, synthetic motor oils, plasticizers, lubricants, surfactants, automotive additives, paper and many other specialty products.

Contents:

Chapter 1. Market synopsis
1.1. Market definition
1.2. Scope and premise of the research
1.3. Methodology
1.4. Market estimation technique
Chapter 2. Executive summary
2.1. Summary overview, 2020 – 2028
Chapter 3. Indicative measures
Chapter 4. 1-Decene Segmentation & Impact Analysis
4.1. Analysis of the segmentation of 1-Decene materials
4.2. Industrial outlook
4.2.1. Analysis of market indicators
4.2.2. Market driver analysis
4.2.2.1. Growing demand for poly alpha olefins
4.2.2.2. Growing demand for surfactants among end users
4.2.3. Analysis of market constraints
4.2.3.1. Volatile commodity prices
4.3. Technological insights
4.4. Regulatory framework
4.5. ETOP analysis
4.6. Porter’s Five Forces Analysis
4.7. Competitive metric space analysis
4.8. Price trend analysis

Continued…

Request customization of the report @ https://www.reportsanddata.com/request-customization-form/1996

Thanks for reading our report. To receive more information about the report or to inquire about its customization, please contact us and get your report tailored to your needs.

Browse more reports-

Sodium Chlorite Market Size

Genomics market share in cancer care

About Us:
Reports and Data is a market research and consulting company that provides syndicated research reports, custom research reports, and consulting services. Our solutions focus uniquely on your goal to locate, target and analyze changes in consumer behavior across demographics, across industries and help customers make smarter business decisions. We offer market intelligence studies ensuring relevant and factual research across many industries including healthcare, technology, chemicals, power and energy. We are constantly updating our research offerings to ensure that our clients are up to date with the latest trends that exist in the market.

Contact us:
John W
Head of Business Development
40 Wall Street 28th Floor New York City
NY 10005 United States
Direct line: + 1-212-710-1370

[ad_2]

Leave A Reply

Your email address will not be published.