Alpha Olefin Market Report, By Product (1-Butene, 1-Hexene, 1-Octene, 1-Decene, 1-Dodecene), By Application and Geography (North America, Europe, Asia Pacific, and Rest of the World) Analysis, Share, Trends, Size, & Forecast From 2019 2025
REPORT HIGHLIGHT
Alpha Olefin Market was valued at USD 8.03 billion by 2018, growing with 4.21% CAGR during the forecast period, 2019-2025.
Alpha-Olefins belongs to a family alkenes or organic compound which are also known as olefins. It has the chemical formula CxH2x. Its distinguishable feature is a double bond positioned at the alpha or primary. Being organic compounds the production of Alpha Olefin involves Oligomerization of ethylene and it is the most commonly used process. The Oligomerization process usually consists of products with an even-numbered carbon chains usually ranging from C4 to C30 +.
Market Dynamics
Increasing demand for polyethylene from various end-use industries is expected to continue to be a major driver of the global market. The increase in demand can be attributed to ease of processing, versatility, recycling, and lower production costs. Increased population and personal consumption, coupled with increased industrial production in emerging markets in China, India, Brazil and Mexico, are driving polyethylene consumption.
Increased production of oil fields and petrochemical products in the Middle East has promoted ethylene production, contributing to the growth of the region’s alpha-olefin market. Major manufacturers are aiming to change production bases in the Middle East and Africa as abundant raw materials are available.
Product Takeaway
Hexane is expected to emerge as the fastest-growing product segment over the years. To promote sector growth, industry players increased the use of 1-hexane as a common monomer for the production of low density (LLDPE) and high-density polyethylene (HLDPE) polymers. High demand for polyethylene due to growth in the automotive and consumer goods markets in emerging economies in China, India, and Brazil is expected to further boost the hexane sector.
It is also used as an additive for synthetic lubricants that are expected to further develop the market. The demand for 1-dodecane from industrial and household cleaners and increased use in the personal care industry will strengthen this area of products that use 1-dodecene in the production of detergent alcohol. However, the consumption of 1-dodecene is expected to solve the increased consumption of bio-detergent alcohol and alkyl aromatics.
Application Takeaway
Polyethylene is a major application area, accounting for about 57% of the market share in 2018. Construction is the primary application for polyethylene compound. Polyethylene is used for typical development in the packaging sector and in Computer Numerical Control or CNC and in 3D printing. At low cost High-density polyethylene renders benefits like ease of processing, high resistance to moisture, and may produce opaque packaging products.
Low-density polyethylene is often preferred based on field of application due to low production costs, heat-sealing capability, high transparency and elongation, and smoothness. The demand for synthetic lubricants will be by the application of strict pollution control regulations. Increased R & D spending will play an important role in increasing demand for synthetic lubricants. In addition, a wide range of lubricant applications will strengthen this market.
Regional Takeaway
Major producers such as INEOS, Chevron Phillips and Shell Corporation have a strong presence in Western Europe, North America and the Middle East regions. However, in Western Europe, a limited amount of ethylene is likely to be generated and Linear Alpha Olefins (LAO) production will continue through extractive distillation or a full range process with the addition of a small volume. Investments in the Middle East and North America focus on heavier LAO. These areas are expected to target special grades of polyethylene that focus on the production of C6 and C8 LLDPE.
Due to urbanization and industrialization in emerging economies in China and India, demand for polyethylene products is expected to increase. Various government incentives and favourable regulatory scenarios in China, India, Malaysia, and Indonesia are driving manufacturing growth in the Asia Pacific region. This product is widely used in industries such as plastics, detergent alcohol, polyethylene, synthetic lubricants among others. Increased production of these products in the Asia Pacific region will drive the local market during the forecast period.
Key Vendor Takeaway
The main participants are ExxonMobil and Petrochemicals (Malaysia) Sdn. Bhd., and Chevron Phillips Chemicals LLC Other manufacturers include Mitsubishi Chemical Corp, INEOS Oligomers and Qatar Chemical Company Ltd (Q-chem).
Industry participants focus primarily on new product development and long-term partnerships with raw material suppliers. The market growth is manipulated by several competitive factors including pricing, product portfolio, and manufacturing technology. Majority of the manufacturers operate in different locations throughout the world, so they can indulge in research and development activities for innovative and sustainable production methods. However, majority of companies have established manufacturing plants in developing countries to take advantage of future opportunities.
The market size and forecast for each segment and sub-segments has been considered as below:
- Historical Year – 2014 & 2016
- Base Year – 2017
- Estimated Year – 2018
- Projected Year – 2025
TARGET AUDIENCE
- Traders, Distributors, and Suppliers
- Manufacturers
- Government and Regional Agencies
- Research Organizations
- Consultants
- Distributors
SCOPE OF THE REPORT
The scope of this report covers the market by its major segments, which include as follows:
MARKET, BY PRODUCT
- 1-Butene
- 1-Hexene
- 1-Octene
- 1-Decene
- 1-Dodecene
MARKET, BY APPLICATION
- Polyethylene
- Detergent Alcohol
- Synthetic Lubricant
MARKET, BY REGION
- North America
- U.S.
- Canada
- Europe
- Germany
- France
- Italy
- Spain
- United Kingdom
- Rest of Europe
- Asia Pacific
- India
- China
- South Korea
- Japan
- Singapore
- Rest of APAC
- Latin America
- Brazil
- Mexico
- Argentina
- Rest of LATAM
- Middle East and Africa
- Saudi Arabia
- United Arab Emirates
- Rest of MEA
TABLE OF CONTENT
1. ALPHA OLEFIN MARKET OVERVIEW
1.1. Study Scope
1.2. Assumption and Methodology
2. EXECUTIVE SUMMARY
2.1. Market Snippet
2.1.1. Market Snippet by Product
2.1.2. Market Snippet by Application
2.1.3. Market Snippet by Region
2.2. Competitive Insights
3. ALPHA OLEFIN KEY MARKET TRENDS
3.1. Market Drivers
3.1.1. Impact Analysis of Market Drivers
3.2. Market Restraints
3.2.1. Impact Analysis of Market Restraints
3.3. Market Opportunities
3.4. Market Future Trends
4. ALPHA OLEFIN INDUSTRY STUDY
4.1. Porter’s Five Forces Analysis
4.2. Marketing Strategy Analysis
4.3. Growth Prospect Mapping
4.4. Regulatory Framework Analysis
5. ALPHA OLEFIN MARKET LANDSCAPE
5.1. Market Share Analysis
5.2. Key Innovators
5.3. Breakdown Data, by Key manufacturer
5.3.1. Established Player Analysis
5.3.2. Emerging Player Analysis
6. ALPHA OLEFIN MARKET – BY PRODUCT
6.1. Overview
6.1.1. Segment Share Analysis, By Product, 2018 & 2025 (%)
6.2. 1-Butene
6.2.1. Overview
6.2.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
6.3. 1-Hexene
6.3.1. Overview
6.3.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
6.4. 1-Octene
6.4.1. Overview
6.4.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
6.5. 1-Decene
6.5.1. Overview
6.5.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
6.6. 1-Dodecene
6.6.1. Overview
6.6.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
7. ALPHA OLEFIN MARKET – BY APPLICATION
7.1. Overview
7.1.1. Segment Share Analysis, By Application, 2018 & 2025 (%)
7.2. Polyethylene
7.2.1. Overview
7.2.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
7.3. Detergent Alcohol
7.3.1. Overview
7.3.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
7.4. Synthetic Lubricant
7.4.1. Overview
7.4.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
8. ALPHA OLEFIN MARKET– BY GEOGRAPHY
8.1. Introduction
8.1.1. Segment Share Analysis, By Region, 2018 & 2025 (%)
8.2. North America
8.2.1. Overview
8.2.2. Key Manufacturers in North America
8.2.3. North America Market Size and Forecast, By Country, 2014 – 2025 (US$ Million)
8.2.4. North America Market Size and Forecast, By Product, 2014 – 2025 (US$ Million)
8.2.5. North America Market Size and Forecast, By Application, 2014 – 2025 (US$ Million)
8.2.6. U.S.
8.2.6.1. Overview
8.2.6.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
8.2.7. Canada
8.2.7.1. Overview
8.2.7.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
8.3. Europe
8.3.1. Overview
8.3.2. Key Manufacturers in Europe
8.3.3. Europe Market Size and Forecast, By Country, 2014 – 2025 (US$ Million)
8.3.4. Europe Market Size and Forecast, By Product, 2014 – 2025 (US$ Million)
8.3.5. Europe Market Size and Forecast, By Application, 2014 – 2025 (US$ Million)
8.3.6. Germany
8.3.6.1. Overview
8.3.6.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
8.3.7. Italy
8.3.7.1. Overview
8.3.7.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
8.3.8. United Kingdom
8.3.8.1. Overview
8.3.8.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
8.3.9. France
8.3.9.1. Overview
8.3.9.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
8.3.10. Rest of Europe
8.3.10.1. Overview
8.3.10.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
8.4. Asia Pacific (APAC)
8.4.1. Overview
8.4.2. Key Manufacturers in Asia Pacific
8.4.3. Asia Pacific Market Size and Forecast, By Country, 2014 – 2025 (US$ Million)
8.4.4. Asia Pacific Market Size and Forecast, By Product, 2014 – 2025 (US$ Million)
8.4.5. Asia Pacific Market Size and Forecast, By Application, 2014 – 2025 (US$ Million)
8.4.6. India
8.4.6.1. Overview
8.4.6.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
8.4.7. China
8.4.7.1. Overview
8.4.7.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
8.4.8. Japan
8.4.8.1. Overview
8.4.8.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
8.4.9. South Korea
8.4.9.1. Overview
8.4.9.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
8.4.10. Rest of APAC
8.4.10.1. Overview
8.4.10.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
8.5. Latin America
8.5.1. Overview
8.5.2. Key Manufacturers in Latin America
8.5.3. Latin America Market Size and Forecast, By Country, 2014 – 2025 (US$ Million)
8.5.4. Latin America Market Size and Forecast, By Product, 2014 – 2025 (US$ Million)
8.5.5. Latin America Market Size and Forecast, By Application, 2014 – 2025 (US$ Million)
8.5.6. Brazil
8.5.6.1. Overview
8.5.6.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
8.5.7. Mexico
8.5.7.1. Overview
8.5.7.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
8.5.8. Argentina
8.5.8.1. Overview
8.5.8.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
8.5.9. Rest of LATAM
8.5.9.1. Overview
8.5.9.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
8.6. Middle East and Africa
8.6.1. Overview
8.6.2. Key Manufacturers in Middle East and Africa
8.6.3. Middle East and Africa Market Size and Forecast, By Country, 2014 – 2025 (US$ Million)
8.6.4. Middle East and Africa Market Size and Forecast, By Product, 2014 – 2025 (US$ Million)
8.6.5. Middle East and Africa Market Size and Forecast, By Application, 2014 – 2025 (US$ Million)
8.6.6. Saudi Arabia
8.6.6.1. Overview
8.6.6.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
8.6.7. United Arab Emirates
8.6.7.1. Overview
8.6.7.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
9. KEY VENDOR ANALYSIS
9.1. ExxonMobil
9.1.1. Company Snapshot
9.1.2. Financial Performance
9.1.3. Product Benchmarking
9.1.4. Strategic Initiatives
9.2. Shell
9.3. SABIC
9.4. Evonik
9.5. Dow Chemical
9.6. Petrochemicals (Malaysia) Sdn
9.7. Chevron Phillips Chemicals LLC
9.8. Mitsubishi Chemical Corporation
9.9. INEOS Oligomers
9.10. Qatar Chemical Company Ltd (Q-chem)
10. 360 DEGREE ANALYSTVIEW
11. APPENDIX
11.1. Research Methodology
11.2. References
11.3. Abbreviations
11.4. Disclaimer
11.5. Contact Us
List of Tables
TABLE List of data sources
TABLE Market drivers; Impact Analysis
TABLE Market restraints; Impact Analysis
TABLE Alpha Olefin market: Product Snapshot (2018)
TABLE Segment Dashboard; Definition and Scope, by Product
TABLE Global Alpha Olefin market, by Product 2014-2025 (USD Million)
TABLE Alpha Olefin market: Application snapshot (2018)
TABLE Segment Dashboard; Definition and Scope, by Application
TABLE Global Alpha Olefin market, by Application 2014-2025 (USD Million)
TABLE Alpha Olefin market: Regional snapshot (2018)
TABLE Segment Dashboard; Definition and Scope, by Region
TABLE Global Alpha Olefin market, by Region 2014-2025 (USD Million)
TABLE North America Alpha Olefin market, by Country, 2014-2025 (USD Million)
TABLE North America Alpha Olefin market, by Product, 2014-2025 (USD Million)
TABLE North America Alpha Olefin market, by Application, 2014-2025 (USD Million)
TABLE Europe Alpha Olefin market, by country, 2014-2025 (USD Million)
TABLE Europe Alpha Olefin market, by Product, 2014-2025 (USD Million)
TABLE Europe Alpha Olefin market, by Application, 2014-2025 (USD Million)
TABLE Asia Pacific Alpha Olefin market, by country, 2014-2025 (USD Million)
TABLE Asia Pacific Alpha Olefin market, by Product, 2014-2025 (USD Million)
TABLE Asia Pacific Alpha Olefin market, by Application, 2014-2025 (USD Million)
TABLE Rest of the World Alpha Olefin market, by country, 2014-2025 (USD Million)
TABLE Rest of the World Alpha Olefin market, by Product, 2014-2025 (USD Million)
TABLE Rest of the World Alpha Olefin market, by Application, 2014-2025 (USD Million)
List of Figures
FIGURE Alpha Olefin market segmentation
FIGURE Market research methodology
FIGURE Value chain analysis
FIGURE Porter’s Five Forces Analysis
FIGURE Market Attractiveness Analysis
FIGURE Competitive Landscape; Key company market share analysis, 2018
FIGURE Product segment market share analysis, 2018 & 2025
FIGURE Product segment market size forecast and trend analysis, 2014 to 2025 (USD Million)
FIGURE 1-Butene market size forecast and trend analysis, 2014 to 2025 (USD Million)
FIGURE 1-Hexene market size forecast and trend analysis, 2014 to 2025 (USD Million)
FIGURE 1-Octene market size forecast and trend analysis, 2014 to 2025 (USD Million)
FIGURE 1-Decene market size forecast and trend analysis, 2014 to 2025 (USD Million)
FIGURE 1-Dodecene market size forecast and trend analysis, 2014 to 2025 (USD Million)
FIGURE Application segment market share analysis, 2018 & 2025
FIGURE Application segment market size forecast and trend analysis, 2014 to 2025 (USD Million)
FIGURE Detergent Alcohol market size forecast and trend analysis, 2014 to 2025 (USD Million)
FIGURE Synthetic Lubricant market size forecast and trend analysis, 2014 to 2025 (USD Million)
FIGURE Regional segment market share analysis, 2018 & 2025
FIGURE Regional segment market size forecast and trend analysis, 2014 to 2025 (USD Million)
FIGURE North America Alpha Olefin market share and leading players, 2018
FIGURE Europe Alpha Olefin market share and leading players, 2018
FIGURE Asia Pacific Alpha Olefin market share and leading players, 2018
FIGURE Latin America Alpha Olefin market share and leading players, 2018
FIGURE Middle East and Africa Alpha Olefin market share and leading players, 2018
FIGURE North America market share analysis by country, 2018
FIGURE U.S. market size, forecast and trend analysis, 2014 to 2025 (USD Million)
FIGURE Canada market size, forecast and trend analysis, 2014 to 2025 (USD Million)
FIGURE Europe market share analysis by country, 2018
FIGURE Germany market size, forecast and trend analysis, 2014 to 2025 (USD Million)
FIGURE Italy market size, forecast and trend analysis, 2014 to 2025 (USD Million)
FIGURE UK market size, forecast and trend analysis, 2014 to 2025 (USD Million)
FIGURE France market size, forecast and trend analysis, 2014 to 2025 (USD Million)
FIGURE Rest of the Europe market size, forecast and trend analysis, 2014 to 2025 (USD Million)
FIGURE Asia Pacific market share analysis by country, 2018
FIGURE India market size, forecast and trend analysis, 2014 to 2025 (USD Million)
FIGURE China market size, forecast and trend analysis, 2014 to 2025 (USD Million)
FIGURE Japan market size, forecast and trend analysis, 2014 to 2025 (USD Million)
FIGURE South Korea market size, forecast and trend analysis, 2014 to 2025 (USD Million)
FIGURE Rest of APAC market size, forecast and trend analysis, 2014 to 2025 (USD Million)
FIGURE Latin America market size, forecast and trend analysis, 2014 to 2025 (USD Million)
FIGURE Latin America market share analysis by country, 2018
FIGURE Brazil market size, forecast and trend analysis, 2014 to 2025 (USD Million)
FIGURE Mexico market size, forecast and trend analysis, 2014 to 2025 (USD Million)
FIGURE Argentina market size, forecast and trend analysis, 2014 to 2025 (USD Million)
FIGURE Rest of LATAM market size, forecast and trend analysis, 2014 to 2025 (USD Million)
FIGURE Middle East and Africa market size, forecast and trend analysis, 2014 to 2025 (USD Million)
FIGURE Middle East and Africa market share analysis by country, 2018
FIGURE Saudi Arabia market size, forecast and trend analysis, 2014 to 2025 (USD Million)
FIGURE United Arab Emirates market size, forecast and trend analysis, 2014 to 2025 (USD Million)
