Global 1-Decene Market Overview 2023-2028

IMARC Group, a leading market research company, has recently releases report titled 1-Decene Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028. The study provides a detailed analysis of the industry, including the global 1-Decene market share, size, trends, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.

The global 1-decene market size reached US$ 1.2 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 1.7 Billion by 2028, exhibiting a growth rate (CAGR) of 5.8% during 2023-2028.

1-Decene is a crucial chemical compound in the petrochemical industry that is an unsaturated hydrocarbon and belongs to the family of linear alpha-olefins (LAOs). It is a versatile raw material and serves as a key intermediate in the manufacture of high-performance materials, such as linear low-density polyethylene (LLDPE), alkylbenzenes for detergents, and other specialty chemicals. As it is used as a building block in the production of various downstream products, such as polyalphaolefins (PAOs), the demand for 1-Decene is increasing across the globe.

Global 1-Decene Market Trends and Drivers:

At present, the rising demand for high-performance lubricants represents one of the primary factors strengthening the market growth. Apart from this, the increasing adoption of 1-Decene in the production of environmentally friendly and bio-based products is bolstering the growth of the market. Moreover, the rising demand for linear low-density polyethylene (LLDPE) in the packaging and plastics industries, as it offers enhanced mechanical strength and flexibility, is offering a lucrative growth opportunity to industry players. In line with this, the increasing utilization of 1-Decene for the production of alkylbenzenes that is used in the detergent industry is supporting the growth of the market. Besides this, the rising demand for eco-friendly and efficient cleaning solutions among individuals is contributing to the growth of the market.

Global 1-Decene Market 2023-2028 Analysis and Segmentation:

Top Key Players covered in this report are: Alfa Aesar (Thermo Fisher Scientific), Angene Chemical Private Limited, Chevron Phillips Chemical Company LLC, Gelest Inc. (Mitsubishi Chemical Corporation), Idemitsu Kosan Company Ltd., Ineos Group Ltd, Merck KGaA, PJSC Nizhnekamskneftekhim, Saudi Basic Industries Corporation and Spectrum Laboratory Products Inc.

The report segmented the market on the basis of region, derivative, grade and application.

Breakup by Derivative:

Polyalphaolefins

Oxo Alcohols

Linear Alkyl Benzene

Linear Mercaptans

Chlorinated Alpha Olefins

Others

Breakup by Grade:

Bio-Based

Synthetic

Breakup by Application:

Surfactants

Plasticizers

Synthetic Lubricants

Polyethylene

Others

Breakup by Region:

North America

o United States

o Canada

Asia-Pacific

o China

o Japan

o India

o South Korea

o Australia

o Indonesia

o Others

Europe

o Germany

o France

o United Kingdom

o Italy

o Spain

o Russia

o Others

Latin America

o Brazil

o Mexico

o Others

Middle East and Africa

Key highlights of the report:

Market Performance (2017-2022)

Market Outlook (2023- 2028)

Porters Five Forces Analysis

Market Drivers and Success Factors

SWOT Analysis

Value Chain

Comprehensive Mapping of the Competitive Landscape

If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.

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