Global Alpha Olefin Market Analysis 2014-2025 By Product, Application and Segment Forecasts – ResearchAndMarkets.com

DUBLIN–(BUSINESS WIRE)–The "Alpha
Olefin Market Analysis By Product, (1-Butene, 1-Hexene, 1-Octene,
1-Decene, 1-Dodecene), By Application (Polyethylene, Detergent Alcohol,
Synthetic Lubricants), By Region, And Segment Forecasts, 2014 – 2025"
report has been added to ResearchAndMarkets.com's
offering.

The global alpha olefin market is expected to reach USD 12.58 billion by
2025.

Major companies are involved in raw material production, alpha olefins
production, distribution of alpha olefins production and end-use
products manufacturing.

End-use products include polyethylene, detergent alcohols, synthetic
lubricants, plasticizers, etc. In-house production and utilization of
alpha olefin helps the manufacturers to cut down logistics cost and
cater to end-users directly to increase profitability.Increasing
polyethylene demand from various end-use industries is expected to
remain a key driving factor for the global alpha olefin market.

Further Key Findings

• The global alpha olefin demand was 4,327.9 kilotons in 2016 and is
  expected to reach 6,273.3 million tons by 2025, growing at an
  estimated CAGR of 4.2% from 2017 to 2025.

• Increase in the production of oil in OPEC countries and in Russia and
  the U.S. is anticipated to maintain a smooth flow of raw material
  supply for alpha olefin production.

• The surge in demand for polyalphaolefin in the synthetic lubricants
  segment owing to reduced engine wear and tear is anticipated to propel
  the market growth in the mentioned forecast period.

• 1-Octene generated a demand of 449.1 kilo tons in 2016 and is expected
  to grow at an estimated CAGR of 3.2% over the forecast period

• Declining ethane prices has spurred the development of new ethane
  crackers in the U.S., creating greater supply for alpha olefin
  production.

Companies Mentioned

• Chevron Phillips Chemical Company LLC
• Dow Chemical Co.
• ExxonMobil
• Idemitsu Petrochemical Co. Ltd.
• INEOS Oligomers
• Mitsubishi Chemical Corp.
• Nizhnekamskneftekhim
• Qatar Chemical Company II Ltd.
• Sasol Limited
• Saudi Basic Industries Corporation (SABIC)
• Royal Dutch Shell Plc.

For more information about this report visit https://www.researchandmarkets.com/research/pwhm62/global_alpha?w=4

Contacts

ResearchAndMarkets.com
Laura Wood, Senior Manager
[email protected]
For
E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call
1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
Related
Topics: Petrochemicals