Decene Market Size, Share Global Analysis Report, 2020–2026

Industry Insights

[165+ Pages Report] According to the report published by Facts Factors, the global decene market size was worth around USD 1,108 million in 2019 and is predicted to grow to around USD 1,488.9 million by 2026 with a compound annual growth rate (CAGR) of roughly 5% between 2020 and 2026. The report analyzes the global decene market drivers, restraints/challenges, and the effect they have on the demands during the projection period. In addition, the report explores emerging opportunities in the decene market.

This specialized and expertise oriented industry research report scrutinizes the technical and commercial business outlook of the decene industry. The report analyzes and declares the historical and current trends analysis of the decene industry and subsequently recommends the projected trends anticipated to be observed in the decene market during the upcoming years.

Key Insights from Primary Research        

• As per our primary respondents, the global decene market is set to grow annually at a rate of around 5%, and the revenue was valued at around USD 1,108 million in 2019.
• The Asia Pacific held the largest market share in 2019 due to the high demand for synthetic lubricants from various end-use industries in this region.
• On basis of the “Derivative” segment, polyalphaolefins segment dominated the global decene market due to the rise in the automotive industry globally.
• On basis of the “Application” segment, the synthetic lubricants segment dominated the global decene market because it is widely used in the food & beverages and cosmetics industry.
• The presence of well-established players has intensified the industry rivalry, due to which the degree of competition is considerably higher.

Key Recommendations from Analysts

• As per our analysts, the global decene market is expected to grow significantly over the forecast period due to increasing PAO demand in the synthetic lubricant.
• As per analysts, the high growth in the automotive sector is boosting the market.
• The collaborations and partnerships between the manufacturing firms can create lucrative opportunities worldwide.
• Our team of analysts has identified, that the Asia Pacific is expected to be the fastest-growing market over the estimated period, as the rise in per capita income and changing lifestyle in the region.

The decene market report analyzes and notifies the industry statistics at the global as well as regional and country levels in order to acquire a thorough perspective of the entire decene market. The historical and past insights are provided for FY 2016 to FY 2019 whereas projected trends are delivered for FY 2020 to FY 2026. The quantitative and numerical data is represented in terms of value (USD Million) from FY 2016 – 2026.

The quantitative data is further underlined and reinforced by comprehensive qualitative data which comprises various across-the-board market dynamics. The rationales which directly or indirectly impact the decene industry are exemplified through parameters such as growth drivers, restraints, challenges, and opportunities among other impacting factors.

Throughout our research report, we have encompassed all the proven models and tools of industry analysis and extensively illustrated all the key business strategies and business models adopted in the decene industry. The report provides an all-inclusive and detailed competitive landscape prevalent in the decene market.

The report utilizes established industry analysis tools and models such as Porter’s Five Forces framework to analyze and recognize critical business strategies adopted by various stakeholders involved in the entire value chain of the decene industry. The decene market report additionally employs SWOT analysis and PESTLE analysis models for further in-depth analysis.

The report study further includes an in-depth analysis of industry players' market shares and provides an overview of leading players' market position in the decene sector. Key strategic developments in decene market competitive landscape such as acquisitions & mergers, inaugurations of different products and services, partnerships & joint ventures, MoU agreements, VC & funding activities, R&D activities, and geographic expansion among other noteworthy activities by key players of the decene market are appropriately highlighted in the report.

The global decene market is experiencing significant growth that is expected to continue over the upcoming years. Also, due to the growth in production for polyalpha olefins and the growing needs for food & beverages, cosmetics sectors and increase in environmental concerns automotive sector has boosted the demand for synthetic lubricants globally due to which the demand and consumption for decene have also increased.

The decene market research report delivers an acute valuation and taxonomy of the decene industry by practically splitting the market on the basis of different derivatives, applications, and regions. Through the analysis of the historical and projected trends, all the segments and sub-segments were evaluated through the bottom-up approach, and different market sizes have been projected for FY 2020 to FY 2026.

Report Scope

The regional segmentation of the decene industry includes the complete classification of all the major continents including North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. Further, country-wise data for the decene industry is provided for the leading economies of the world.

The decene market is segmented based on derivatives, application, and region. On the basis of derivative, the market is classified into polyalphaolefins, oxo alcohols, di-alkyl diethylamine, alkyl dimethylamine, linear alkyne benzene, chlorinated olefins, and linear mercaptans. By application, the market is classified into synthetic lubricants, surfactants, plasticizers, polyethylene, and others.

Some of the leading players in the global market include

• Royal Dutch Shell
• PJSC Nizhnekamskneftekhim
• Alfa Aesar
• Idemitsu Petrochemical Company
• Chevron Phillips Chemical Company
• Qatar Chemical Company
• SABIC
• Ineos Group Limited
• Sasol Limited
• ExxonMobil Corporation

The taxonomy of the decene market by its scope and segmentation is as follows:

By Derivative Segmentation Analysis

• Polyalphaolefins
• Di-alkyl Diethylamine
• Oxo Alcohols
• Alkyl Dimethylamine
• Linear Alkyne Benzene
• Chlorinated Olefins
• Linear Mercaptans

By Application Segmentation Analysis

• Synthetic Lubricants
• Surfactants
• Plasticizers
• Polyethylene
• Others

By Regional Segmentation Analysis

• North America
  • The U.S.
  • Canada
• Europe
  • Germany
  • The UK
  • France
  • Spain
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Southeast Asia
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• Middle East & Africa
  • GCC
  • South Africa
  • Rest of Middle East & Africa