The Global 1-Decene Market is expected to reach USD 950.7 Million by 2028, according to a new report by Reports and Data. Increasing demand for poly alpha olefins is one of the major factors estimated to stimulate market demand. Stringent regulatory norms in the food & beverage and cosmetic industries, as well as growing environmental concerns in automotive industries, have led to an increased demand for synthetic lubricants, which in turn, would be instrumental in driving market growth during the forecast period.
1-decene is used as a chemical intermediate in the manufacturing of detergents and their derivatives, which finds application in the production of industrial surfactants. The increase in demand for surfactants from end-user industries is causative of a rise in the demand for 1-decene. Further benefits of the product include its usage as specialty industrial chemicals (perfumes, flavors, pharmaceuticals, dyes, oils, and resins), comonomer for specific copolymers, production of amines, oxo alcohols, epoxides, synthetic fatty acids, and alkylated aromatics, among others.
The Asia Pacific region is likely to grow at the highest rate in the forecast period. The growth of the market in the region is owing to the easy availability of raw materials. Also, increasing demand for polyethylene in developing countries, such as China and India, is expected to escalate the market demand in the forecast period. China leads, in terms of consumption in Northeast Asia for PE in 2018, with domestic consumption likely to increase approximately 10 million tons by 2021, which accounts for around half of the total global demand. China drives 97.0% of PE demand in the region.
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Further key findings from the report suggest
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For the purpose of this report, Reports and Data have segmented the global 1-decene market on the basis of grade, application, end-users, and region:
Grade Outlook (Volume, Kilo Tons; 2018-2028 and Revenue, USD Million; 2018-2028)
Application Outlook (Volume, Kilo Tons; 2018-2028 and Revenue, USD Million; 2018-2028)
End-Users Outlook (Volume, Kilo Tons; 2018-2028 and Revenue, USD Million; 2018-2028)
Regional Outlook (Volume, Kilo Tons; 2018-2028 and Revenue, USD Million; 2018-2028)
Table of Contents
Chapter 1. Market Synopsis 1.1. Market Definition 1.2. Research Scope & Premise 1.3. Methodology 1.4. Market Estimation Technique
Chapter 2. Executive Summary 2.1. Summary Snapshot, 2020 – 2028
Chapter 3. Indicative Metrics
Chapter 4. 1-Decene Segmentation & Impact Analysis 4.1. 1-Decene Material Segmentation Analysis 4.2. Industrial Outlook 4.2.1. Market indicators analysis 4.2.2. Market drivers analysis 4.2.2.1. Increasing demand for poly alpha olefins 4.2.2.2. Growing demand for surfactants among the end-users 4.2.3. Market restraints analysis 4.2.3.1. Volatile prices of raw materials 4.3. Technological Insights 4.4. Regulatory Framework 4.5. ETOP Analysis 4.6. Porter’s Five Forces Analysis 4.7. Competitive Metric Space Analysis 4.8. Price trend Analysis
Chapter 5. 1-Decene Market By Grade Insights & Trends 5.1. Grade dynamics & Market Share, 2021 & 2028 5.2. Bio-based 5.2.1. Market estimates and forecast, 2018 – 2028 (USD Million) (Kilo Tons) 5.2.2. Market estimates and forecast, by region, 2018 – 2028 (USD Million) (Kilo Tons) 5.3. Synthetic 5.3.1. Market estimates and forecast, 2018 – 2028 (USD Million) (Kilo Tons) 5.3.2. Market estimates and forecast, by region, 2018 – 2028 (USD Million) (Kilo Tons)
Chapter 6. 1-Decene Market By Application Insights & Trends
Continued…..
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