This alpha olefins market report published by Data Bridge Market Research gives all-inclusive data regarding the market. This alpha olefins market report firstly introduces market by definition, application, classification and Specification. It provides the data of the market dynamics, market trends and market growth. Competitive landscape of the market is also taken into account while developing this research report. The data mentioned in this report is validated by the research analyst and expert so that the authentic information of the market is reached to the consumers. Additionally, the report tracks the latest developments and advancements in the market.
Key topic of the market are covered while developing this alpha olefins market research report. It segments the market by product launches, application, end user type. This alpha olefins market research report give information about the market new technologies, growth factors, regional trends, company share, development policy and value chain. This report also states import / export, supply and consumption figures as well as manufacturing cost, global revenue and present gross margin by regions.
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.
Definition
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.
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Key Growth Drivers:
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.
The report emphasizes the participation of key entities, notably:
- 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
Major Points in the Report
- Understanding the entirety of the alpha olefins marketlandscape thoroughly.
- Exploring the leading entities in this sector, delving into their range of products and core approaches.
- Examining the prominent geographical areas where alpha olefins marketdemonstrates significant growth.
- Keeping abreast of the latest shifts and advancements within the industry.
- Identifying specific areas or markets with high potential and promising expansion opportunities.
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Key Market Segmentation
By Product (1-Butene, 1-Hexene, 1-Octene, 1-Decene, 1-Dodecene, Others), Application (Polyolefin Co-monomers, Surfactant, Plasticizer, Lubricant, Drilling Machinery Fuel, Others)
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