Rising demand for eco-friendly lubricants from various end-use industries such as food and beverages, pharmaceuticals, etc. is a key factor driving market revenue growth.
Market Size - USD 595.5 Million in 2020, Market Growth - CAGR of 5.9%, Market Trends - Rising investment in R&D of technologically advanced products to expand product offerings
The global 1-decene market size is expected to reach USD 950.7 Million in 2028, and register a CAGR of 5.9% during the forecast period. Increasing adoption of synthetic lubricants including Poly Alpha Olefins (PAO), and rising concerns about environment pollution from various industries are some of the major factors drive market growth.
Increasing demand for High-Density Polyethylene (HDPE) for manufacturing packaging products and house appliances, similarly, growing demand for Low-Density Polyethylene (LDPE) for manufacturing kitchen appliances, and rising adoption of surfactants by various end-use industries are key factors expected to drive growth of the global 1-decene market. However, high cost of EVs (Electric Vehicles) could impact adoption of the product negatively.
Some Key Findings From the Report:
For the purpose of this report, the global 1-decene market is segmented on the basis of grade, application, end-use, and region:
Grade Outlook
Application Outlook
End-Use Outlook
Region Outlook
Reasons to Buy the Report
Market Size - USD 595.5 Million in 2020, Market Growth - CAGR of 5.9%, Market Trends - Rising investment in R&D of technologically advanced products to expand product offerings
The global 1-decene market size is expected to reach USD 950.7 Million in 2028, and register a CAGR of 5.9% during the forecast period. Increasing adoption of synthetic lubricants including Poly Alpha Olefins (PAO), and rising concerns about environment pollution from various industries are some of the major factors drive market growth.
Increasing demand for High-Density Polyethylene (HDPE) for manufacturing packaging products and house appliances, similarly, growing demand for Low-Density Polyethylene (LDPE) for manufacturing kitchen appliances, and rising adoption of surfactants by various end-use industries are key factors expected to drive growth of the global 1-decene market. However, high cost of EVs (Electric Vehicles) could impact adoption of the product negatively.
Some Key Findings From the Report:
- Among the product grade segments, the organic-based segment is expected to register substantially high CAGR during the forecast period, owing to growing adoption and preference for environment-friendly sustainable products.
- Among the applications segments, the detergent alcohol segment accounted for substantially large revenue share in 2020.
- Among the end-use segments, the food and beverage, and pharmaceuticals segments accounted for larger revenue shares than other end use segments in 2020.
- Europe market accounted for the largest revenue share in the global market in 2020, owing to presence of large number of 1-decene manufacturers in countries in the region, especially in Belgium, and high demand for PAO-based synthetic lubricants from end-use industries.
- The North America accounted for considerably large revenue share in the global market in 2020.
- The Asia Pacific market is expected to register the highest growth rate in the global market during the forecast period.
- Key players profiled in the report 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. The market players have adopted various strategies including mergers, acquisitions, partnerships, and new product developments, among other strategies, to stay ahead of the competition and expand market footprint.
For the purpose of this report, the global 1-decene market is segmented on the basis of grade, application, end-use, and region:
Grade Outlook
- Bio-Based
- Synthetic
Application Outlook
- Polyethylene
- Poly Alpha Olefins
- Detergent Alcohol
- Others
End-Use Outlook
- Food & Beverage Industry
- Pharmaceutical Industry
- Paints & Dyes Industry
- Others
Region Outlook
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- UK
- France
- Italy
- Spain
- Benelux
- Rest of Europe
- Asia Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia Pacific
- Latin America
- Brazil
- Rest of Latin America
- Middle East and Africa
- Saudi Arabia
- UAE
- South Africa
- Rest of Middle East & Africa
Reasons to Buy the Report
- A robust analysis and estimation of the 1-Decene Market with four levels of quality check - in-house database, expert interviews, governmental regulation, and a forecast specifically done through time series analysis
- A holistic competitive landscape of all the major players in the 1-Decene Market. The report covers their market shares, strategic initiatives, new product launches, R&D expenditure, M&As, Joint ventures, expansionary plans, product wise metric space analysis and key developments
- Go-to-market strategies specifically formulated in line with location analysis which takes into the factors such as government regulations, supplier mapping, supply chain obstacles, and feedback from local vendors
- Most deep dive segmental bifurcation available currently in the market. Our stellar methodology helps us understand the overall gamut of the supply chain and will help you explain the current market dynamics
- Special focus given on vendor landscape, supplier portfolio, customer mapping, production capacity, and yearly capacity utilization
Table of Contents
Chapter 1. Market Synopsis
Chapter 2. Executive Summary
Chapter 4. 1-Decene Segmentation & Impact Analysis
Chapter 5. 1-Decene Market By Grade Insights & Trends
Chapter 6. 1-Decene Market By Application Insights & Trends
Chapter 7. 1-Decene Market By End-Users Insights & Trends
Chapter 8. 1-Decene Market Regional Outlook
Chapter 9. Competitive Landscape
Chapter 10. Company Profiles
Companies Mentioned
- Royal Dutch Shell
- Chevron Phillips Chemical Company
- SABIC
- Sasol Limited
- ExxonMobil Corporation
- Ineos Group Limited
- Qatar Chemical Company
- Idemitsu Petrochemical Company
- Sigma-Aldrich
- Alfa Aesar
