Alpha Olefins Market Forecast Analysis by Manufacturer, Types, Applications and Regions 2021 – 2025
The global Alpha Olefins Market is anticipated to expand at a positive CAGR of 4.8% in the forecast period i.e. from 2014 to 2025 as extensive research for the development of alpha olefins using dissimilar sources are estimated to boost overall market growth across the globe.
Ethylene is a
significant feedstock for manufacturing alpha olefin and produced across the
globe by using naphtha and gas-based oil. The overall market is projected to
experience a balanced supply-demand condition in the forecast period i.e. from
2014 to 2025. Furthermore, overall market is estimated to be a spectator of
linear rise in product costs matched with the boom in ethylene prices over the
period of time.
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Product Outlook (USD Million, 2014 - 2025)
• 1-Butene
• 1-Hexene
• 1-Octene
• 1-Decene
• 1-Dodecene
• Others
Application Outlook (USD Million, 2014 - 2025)
• Polyethylene
• Synthetic Alcohol
• Synthetic Lubricants
• Others
Key players operating in alpha olefin market are Saudi Basic Industries Corporation, Chevron Phillips Chemical Company LP, Shell Chemical Limited, ExxonMobil Chemical Company, Qatar Chemical, Evonik Industries AG, Mitsubishi Chemical, Godrej Industries Ltd., and Ineos Oligomers. SASOL, CPChem, and INEOS are estimated to help hold the market balance and alpha olefin prices. Using UNIPOL technology in North America, Exxon Mobil’s linear low-density polyethylene concentrated on specialty grades.
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Regional Outlook (USD Million, 2014 - 2025)
• North America
• U.S
• Europe
• Germany
• UK
• France
• Asia Pacific
• China
• Japan
• India
• Middle East and Africa
• Central & South America
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