15-Dec-2020 | Facts and Factors
Findings from Facts and Factors report “Decene Market By Derivative (Polyalphaolefins, Di-alkyl Diethylamine, Oxo Alcohols, Alkyl Dimethylamine, Linear Alkyne Benzene, Chlorinated Olefins, Linear Mercaptans), By Application (Synthetic Lubricants, Surfactants, Plasticizers, Polyethylene, Others): Global Industry Outlook, Market Size, Business Intelligence, Consumer Preferences, Statistical Surveys, Comprehensive Analysis, Historical Developments, Current Trends, and Forecasts, 2020–2026” states that the global Decene Market in 2019 was approximately USD 1,108 million. The market is expected to grow at a CAGR of 5% and is anticipated to reach around USD 1,488.9 million by 2026.
The Global Decene Market Is Powered By Increasing Demand for Paos-Based Synthetic Lubricants. An unsaturated hydrocarbon with a chemical formula of C10H20 is called decene and is a white, clear liquid and has toxicity in it. It can be produced by cracking the high carbon content petroleum wax or by the oligomerization of the ethylene. There are different types of decene isomers based on their functional group attachment, and all can be used for industrial processes. Decene is basically used for producing amines, detergents, synthetic lubricants, epoxides, derivatives, alkylated aromatics, etc. it can also be used as a co-monomer for producing polymers like polyethylene. Polyalpha olefins can be used for industrial gear systems as well as in marine or aviation industries as an automatic transmission engine for synthetic lubricants.
Browse the full “Decene Market By Derivative (Polyalphaolefins, Di-alkyl Diethylamine, Oxo Alcohols, Alkyl Dimethylamine, Linear Alkyne Benzene, Chlorinated Olefins, Linear Mercaptans), By Application (Synthetic Lubricants, Surfactants, Plasticizers, Polyethylene, Others): Global Industry Outlook, Market Size, Business Intelligence, Consumer Preferences, Statistical Surveys, Comprehensive Analysis, Historical Developments, Current Trends, and Forecasts, 2020–2026" report at https://www.fnfresearch.com/decene-market
The key players which are involved in the manufacturing process are chevron Phillips, shell chemicals, Qatar chemicals, INEOS, Exxon Mobil among other players. Also, the decene market has some of the multinational players with their patented technologies. Among all of them, shell chemicals are the largest player and the top 3 companies are holding a market share of about 75 percent. Moreover, the market is seeing a high integration from various participants of the industry. The players are continuously enhancing their operations across the value chains as well as sully and production of raw materials.
The demand for decene market was projected at around USD 1,108 million in 2019, and by the end of 2026, existing and expected developments would hit estimations of around USD 1,488.9 million. The companies and experts predict the worldwide decene market growth in terms of CAGR of around 5%.
The market for decene is growing due to the growth in production for polyalpha olefins and the growing needs for food & beverages, cosmetics sectors, and an 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. Also, decene is highly used for producing detergents along with their derivatives that can be used for the manufacturing of industrial surfactants and thus can be used as a chemical intermediate. The high demand for surfactants from various industries has propelled the demand for decene market globally.
The market for decene can be segmented on the basis of derivative, application, and region. Based on derivatives, the market can be bifurcated into polyalphaolefins, oxo alcohols, di-alkyl diethylamine, alkyl dimethylamine, linear alkyne benzene, chlorinated olefins, linear mercaptans.
Based on application the market can be classified into synthetic lubricants, surfactants, plasticizers, polyethylene, and others. In terms of geography, Asia Pacific is expected to hold the highest market share in the forecast period due to the high demand for synthetic lubricants from various end-use industries like marine, automotive, aviation among others. Also, in the Asia Pacific region of China, India will hold the majority of the market share based on production capacity and will continue to dominate in this region in the coming years. The second leading region will be Europe followed by North America especially in the U.S. part because of the demand for synthetic lubricants is much higher in this region.
Report Scope
Report Attribute |
Details |
Market Size in 2019 |
USD 1,108 Million |
Projected Market Size in 2026 |
USD 1,488.9 Million |
CAGR Growth Rate |
5% CAGR |
Base Year |
2019 |
Forecast Years |
2020-2026 |
Key Market Players |
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, and Others |
Key Segment |
By Region |
Major Regions Covered |
North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa |
Purchase Options |
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Some of the leading and top companies in the decene 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 among others.
By Regional Segment Analysis
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East and Africa
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