Global 1-Decene Market, By Grade (Bio-Based, Synthetic), Application (Polyethylene, Poly Alpha Olefins, Detergent Alcohol, Others), End-Use (Food & Beverage Industry, Pharmaceutical Industry, Paints & Dyes Industry, Others), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2028
1-decene market will grow at a rate of 6.65% for the forecast period of 2021 to 2028. Rise in the demand for PAOs-based synthetic lubricants acts as a vital factor driving the growth of 1-decene market.
1-Decene is defined as one of the preferred industrial-essential isomers, which is used as a monomer in copolymers, and as an intermediary in production of epoxides, amines, oxo alcohols, and synthetic lubricants
Rise in the industrial activities in the Middle East & Africa and APAC is the vital factor escalating the market growth, also rise in the demand for this chemical and rise in the research and development activities in the market are the major factors among others driving the 1-decene market. Moreover, rise in the R&D investments for the development of alpha olefins from different sources and rise in the growth of wind energy sector will further create new opportunities for the 1-decene market in the forecast period of 2021- 2028.
However, volatile raw material prices and rise in the growth of group III base oils are the major factors among others acting as restraints, and will further challenge the growth of 1-decene market in the forecast period mentioned above.
This 1-decene market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographical expansions, technological innovations in the market. To gain more info on 1-decene market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
1-Decene Market Scope and Market Size
1-decene market is segmented on the basis of grade, application and end-use. The growth amongst the different segments helps you in attaining the knowledge related to the different growth factors expected to be prevalent throughout the market and formulate different strategies to help identify core application areas and the difference in your target markets.
- Based on grade, the 1-decene market is segmented into bio-based and synthetic.
- Based on application, the 1-decene market is segmented into polyethylene, poly alpha olefins, detergent alcohol and others.
- The 1-decene market is also segmented on the basis of end-use into food & beverage industry, pharmaceutical industry, paints & dyes industry and others.
1-Decene Market Country Level Analysis
1-decene market is analysed and market size, volume information is provided by grade, application and end-use as referenced above.
The countries covered in the 1-decene market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
Europe dominates the 1-decene market due to rise in the presence of large number of 1-decene manufacturers and increase in the industrial activities in this region. North America and Asia-Pacific are the expected regions in terms of growth in 1-decene market due to high demand for poly alpha olefins for making synthetic lubricant products by end-use industries in these regions.
The country section of the 1-decene market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and 1-Decene Market Share Analysis
1-decene market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to 1-decene market.
The major players covered in the 1-decene market report are Royal Dutch Shell, INEOS, Chevron Phillips Chemical Company LLC, SABIC, Exxon Mobil Corporation, Qatar Chemical Company Ltd, Idemitsu Kosan Co.,Ltd, PJSC, Alfa Aesar, Spectrum Chemical Manufacturing Corp and GELEST, INC among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.