1-Decene Market Size splits by Region and Segment, Upcoming Trends, Growth Forecast to 2028
Global 1-decene market size was USD 595.5 Million in 2020 and is expected to reach a value of USD 950.7 Million in 2028, and register a CAGR of 5.9% during the forecast period.
1-Decene is one of the preferred industrial-essential isomers, used as a monomer in copolymers, and as an intermediary in production of epoxides, amines, oxo alcohols, and synthetic lubricants. This factor is expected to result in higher demand for product, thereby driving market growth. Increasing demand for high-density polyethylene (HDPE), used in production of packaging products and housing appliances, is expected to drive demand for 1-decene. Increasing adoption of Low-density polyethylene (LDPE) for manufacturing kitchen appliances, is also supporting market growth. Growing demand for 1-decene for production of engine oils, greases, and other lubricants is expected to support market growth. In addition, growing demand of POA from automotive OEMs for enhancing engine efficiency and lowering VOC emissions by vehicles is boosting growth of the global market.
Top Companies Operating in the Global 1-Decene Market:
Royal Dutch Shell, Chevron Phillips Chemical Company, SABIC, Sasol Limited, ExxonMobil Corporation, Ineos Group Limited, Qatar Chemical Company, Idemitsu Petrochemical Company, Sigma-Aldrich, and Alfa Aesar.
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Increasing investments in R&D, and strategic planning such as joint ventures, implemented by major players operating in the global market, is expected to result in growing demand for the product, thereby driving market growth. 1-decene is used as a chemical intermediate in manufacturing detergents and derivatives, which are used in applications such as production of industrial surfactants. Increasing demand for surfactants from various end-use industries and easy availability of raw materials are key factors expected to drive growth of the global 1-decene market.
Table of Contents:
- Report Overview
1.1 Research Scope
1.2 Key 1-Decene market segments
1.3 Major players
1.4 Market analysis by product type
1.5 Market analysis by application
1.6 Report timeline - Global Growth Trends
2.1 Global 1-Decene market size
2.2 Latest regional market trends
2.3 Emerging growth trends - Competitive Outlook
3.1 Global 1-Decene market key players
3.2 Global 1-Decene size by manufacturers
3.3 Products of major players
3.4 Entry barriers in the 1-Decene market
3.5 Mergers, acquisitions, joint ventures, and other strategic alliances
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Key Regional Markets Covered in the Report:
- North America (U.S.A., Canada, Mexico)
- Europe (Italy, U.K., Germany, France, Rest of Europe)
- Asia Pacific (India, China, Japan, South Korea, Australia, Rest of Asia Pacific)
- Latin America (Chile, Brazil, Argentina, Peru, Rest of Latin America)
- Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)
1-Decene Market Segmentation
By Grade Outlook:
- Bio-Based
- Synthetic
By Application Outlook:
- Polyethylene
- Poly Alpha Olefins
- Detergent Alcohol
- Others
By End-Use Outlook:
- Food & Beverage Industry
- Pharmaceutical Industry
- Paints & Dyes Industry
- Others
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