07-Feb-2020 | Facts and Factors
Facts and Factors have authored “1-Decene Market By Derivate (Polyalphaolefins, Oxo Alcohols, Linear Alkyne Benzene, Linear Mercaptans, Chlorinated Olefins, Alkyl Dimethylamine, & Di-Alkyl Dimethylamine), By Application (Poly Alpha Olefin, Polyethylene, Detergent Alcohol, Synthetic Lubricants, & Others), And By Regions - Global & Regional Industry Perspective, Comprehensive Analysis, and Forecast 2021 – 2026”. Based on our analysis, the global 1-Decene market in 2020 is approximately USD 544 Million and is anticipated to reach around USD 789 Million by 2026. The anticipated CAGR for the 1-Decene market is around 6.6% from 2021 to 2026.
The 1 decene is commercially produced by using a method called oligomerization. It can be also produced by using the cracking method. The 1 decene is mainly stored under the nitrogen blanket. It is also sensitive to moisture and humid air.
Browse the full “1-Decene Market By Derivate (Polyalphaolefins, Oxo Alcohols, Linear Alkyne Benzene, Linear Mercaptans, Chlorinated Olefins, Alkyl Dimethylamine, & Di-Alkyl Dimethylamine), By Application (Poly Alpha Olefin, Polyethylene, Detergent Alcohol, Synthetic Lubricants, & Others), And By Regions - Global & Regional Industry Perspective, Comprehensive Analysis, and Forecast 2021 – 2026” report at https://www.fnfresearch.com/1-decene-market
1 decene plays a vital role in the manufacture of Poly Alpha Olefin. The demand for alpha-olefin is increasing owing to a supply crunch of Poly Alpha Olefin in the market by the lubricant manufacturers. The increasing popularity of Poly Alpha Olefin in synthetic lubricants is estimated to propel the market of 1- decene in the forthcoming period.
The 1 decene market is estimated to grow at a moderate rate across the world. The market of 1 decene is very competitive owing to the presence of established numerous players in the market. The leading players are having a grasp over the market and they are focusing on the new product launches by investing heavily in research and development.
Driver
- A rise in demand for Poly Alpha Olefin by lubrication manufacturers
- The increased demand for 1 decene as a raw material by China and India
Restraint
- Patented technology for alpha olefin production by the leading key players
Opportunity
- Opportunity to enter in the oligomerized production of 1-decene
The 1 decene market is segmented by type, application, and region. On the basis of type, segmentation is categorized as an oligomerization method, cracking method, and others. The oligomerization is the most used method for producing the 1 decene and its most economical method available to produce 1 decent. The oligomerization Method also increases process efficiency. Additionally, according to the application market is further categorized Poly Alpha Olefin, Detergent Alcohol, Polyethylene, and Others. It is expected that Poly Alpha Olefin is going to have an augmented demand in the forecasted period owing to increased demand by the lubrication manufacturer. 1 decene produced by the oligomerization method is chosen mostly for the production of PAO.
The 1 Decene market is dominated by Europe and North America. In terms of revenue and consumption, Europe is estimated to have the largest market share. Europe is favoring the overall chemical industry in terms of innovation, free trade agreements such as CETA and Europe and Japan trade agreement is boosting the growth of Europe’s chemical sector. Moreover, Asia is set to become the fastest-growing region in the forecasted period owing to easy access to raw materials. As 1 decene is used in the manufacturing of polyethylene, the demand for polyethylene is estimated to increase in China and India.
Report Scope
Report Attribute |
Details |
Market Size in 2020 |
USD 544 Million |
Projected Market Size in 2026 |
USD 789 Million |
CAGR Growth Rate |
6.6% CAGR |
Base Year |
2020 |
Forecast Years |
2021-2026 |
Key Market Players |
Royal Dutch Shell, INEOS, Chevron Phillips Chemical Company LLC, SABIC, Exxon Mobil Corporation, Qatar Chemical Company II Ltd, and Others |
Key Segments |
Derivate, Applications, and Region |
Major Regions Covered |
North America, Europe, Asia Pacific, Latin America, and Middle East & Africa |
Purchase Options |
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Some of the leading players in the global market include
Royal Dutch Shell, INEOS, Chevron Phillips Chemical Company LLC, SABIC, Exxon Mobil Corporation, Qatar Chemical Company II Ltd, Idemitsu Kosan Co. Ltd., PJSC Nizhnekamskneftekhim, Alfa Aesar, Merck Group, Toronto Chemical Industry Company Limited, Spectrum Chemical Mfg Corp, Agene Chemicals, and Gelest Inc., among others.
The taxonomy of the 1-Decene market by its scope and segmentation is as follows:
By Derivate Segment Analysis
- Polyalphaolefins
- Oxo Alcohols
- Linear Alkyne Benzene
- Linear Mercaptans
- Chlorinated Olefins
- Alkyl Dimethylamine
- Di-Alkyl Dimethylamine
By Application Segment Analysis
- Poly Alpha Olefin
- Polyethylene
- Detergent Alcohols
- Synthetic Lubricants
- Others
By Regional Segmentation Analysis
- North America
- Europe
- Germany
- France
- UK
- Italy
- Spain
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- South-East Asia
- Rest of Asia Pacific
- Latin America
- Brazil
- Mexico
- Rest of Latin America
- The Middle-East and Africa
- GCC Countries
- South Africa
- Rest of Middle-East Africa
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