Alpha Olefin Market Size, Share & Trends Report

Alpha Olefin Market Size, Share & Trends Analysis Report By Product (1-hexene, 1-octene, 1-butene), By Application (Polyethylene, Synthetic Lubricants), By Region, And Segment Forecasts, 2023 - 2030

  • Report ID: 978-1-68038-356-0
  • Number of Pages: 92
  • Format: Electronic (PDF)

Market Segmentation

  • Alpha Olefin Product Outlook (Volume, Kilotons; Revenue, USD Million; 2018 - 2030)
    • 1-Butene
    • 1-Hexene
    • 1-Octene
    • 1-Decene
    • 1-Dodecene
    • Others
  • Alpha Olefin Application Type Outlook (Volume, Kilotons; Revenue, USD Million; 2018 - 2030)
    • Polyethylene
    • Detergent Alcohol
    • Synthetic Lubricant
    • Others
  • Alpha Olefin Regional Outlook (Volume, Kilotons; Revenue, USD Million, 2018 - 2030)
    • North America
      • North America Alpha Olefin Market, By Product
        • 1-Butene
        • 1-Hexene
        • 1-Octene
        • 1-Decene
        • 1-Dodecene
        • Others
      • North America Alpha Olefin Market, By Application
        • Polyethylene
        • Detergent Alcohol
        • Synthetic Lubricant
        • Others
      • U.S.
        • U.S. Alpha Olefin Market, By Product
          • 1-Butene
          • 1-Hexene
          • 1-Octene
          • 1-Decene
          • 1-Dodecene
          • Others
        • U S Alpha Olefin Market, By Application
          • Polyethylene
          • Detergent Alcohol
          • Synthetic Lubricant
          • Others
    • Europe
      • Europe Alpha Olefin Market, By Product
        • 1-Butene
        • 1-Hexene
        • 1-Octene
        • 1-Decene
        • 1-Dodecene
        • Others
      • Europe Alpha Olefin Market, By Application
        • Polyethylene
        • Detergent Alcohol
        • Synthetic Lubricant
        • Others
      • Germany
        • Germany Alpha Olefin Market, By Product
          • 1-Butene
          • 1-Hexene
          • 1-Octene
          • 1-Decene
          • 1-Dodecene
          • Others
        • Germany Alpha Olefin Market, By Application
          • Polyethylene
          • Detergent Alcohol
          • Synthetic Lubricant
          • Others
      • U.K.
        • U.K. Alpha Olefin Market, By Product
          • 1-Butene
          • 1-Hexene
          • 1-Octene
          • 1-Decene
          • 1-Dodecene
          • Others
        • U.K. Alpha Olefin Market, By Application
          • Polyethylene
          • Detergent Alcohol
          • Synthetic Lubricant
          • Others
          • Synthetic Lubricant
          • Others
      • France
        • France Alpha Olefin Market, By Product
          • 1-Butene
          • 1-Hexene
          • 1-Octene
          • 1-Decene
          • 1-Dodecene
          • Others
        • France Alpha Olefin Market, By Application
          • Polyethylene
          • Detergent Alcohol
          • Synthetic Lubricant
          • Others
          • Synthetic Lubricant
          • Others
    • Asia Pacific
      • Asia Pacific Alpha Olefin Market, By Product
        • 1-Butene
        • 1-Hexene
        • 1-Octene
        • 1-Decene
        • 1-Dodecene
        • Others
      • Asia Pacific Alpha Olefin Market, By Application
        • Polyethylene
        • Detergent Alcohol
        • Synthetic Lubricant
        • Others
      • China
        • China Alpha Olefin Market, By Product
          • 1-Butene
          • 1-Hexene
          • 1-Octene
          • 1-Decene
          • 1-Dodecene
          • Others
        • China Alpha Olefin Market, By Application
          • Polyethylene
          • Detergent Alcohol
          • Synthetic Lubricant
          • Others
      • India
        • India Alpha Olefin Market, By Product
          • 1-Butene
          • 1-Hexene
          • 1-Octene
          • 1-Decene
          • 1-Dodecene
          • Others
        • India Alpha Olefin Market, By Application
          • Polyethylene
          • Detergent Alcohol
          • Synthetic Lubricant
          • Others
          • Synthetic Lubricant
          • Others
      • Japan
        • Japan Alpha Olefin Market, By Product
          • 1-Butene
          • 1-Hexene
          • 1-Octene
          • 1-Decene
          • 1-Dodecene
          • Others
        • Japan Alpha Olefin Market, By Application
          • Polyethylene
          • Detergent Alcohol
          • Synthetic Lubricant
          • Others
          • Synthetic Lubricant
          • Others
    • Central & South America
      • Central & South America Alpha Olefin Market, By Product
        • 1-Butene
        • 1-Hexene
        • 1-Octene
        • 1-Decene
        • 1-Dodecene
        • Others
      • Central & South America Alpha Olefin Market, By Application
        • Polyethylene
        • Detergent Alcohol
        • Synthetic Lubricant
        • Others
    • Middle East & Africa
      • Middle East & Africa Alpha Olefin Market, By Product
        • 1-Butene
        • 1-Hexene
        • 1-Octene
        • 1-Decene
        • 1-Dodecene
        • Others
      • Middle East & Africa Alpha Olefin Market, By Application
        • PolyethyleneDetergent Alcohol
        • Synthetic Lubricant
        • Others

Alpha Olefin Market Dynamics

Driver: Growing polyethylene demand

Growing demand for polyethylene in the Asia Pacific region, mainly in India and China, on account of increasing polyethylene products use in day-to-day life is expected to fuel the alpha olefin market growth over the forecast period. Alpha olefins are primarily used for manufacturing LLDPE and HDPE. Growing demand for packaged food products, particularly in emerging countries of Asia Pacific, is expected to be the key driver for LLDPE market augmentation. In addition, growing protective film usage in agriculture to reduce soil erosion and increase protection against UV rays is also anticipated to fuel market growth over the next six years. Growing LLDPE film usage in the construction industry as moisture barriers under the concrete structure is also likely to augment market growth. However, strict regulations regarding the usage of non-biodegradable plastics in several parts of Europe and North America may hamper the growth of the LLDPE market.

Driver: Easy availability of key raw materials

Ethylene is the most commonly used raw material for alpha-olefin production. The global ethylene market has been witnessing a surge in production on account of increasing oilfield drilling activities and LNG supply. Increasing demand for fuel and energy has increased oil and gas exploration activities. Increased LNG supply in North America has increased ethylene production in the region. Increased crude oil supply on account of increasing oil exploration activities in the Middle East has triggered ethylene production. Increasing demand for ethylene from various industries has caused a surge in ethylene demand. Global ethylene capacity is expected to rise over the forecast period on account of increasing demand from various application segments. Ethylene capacity in 2008 was 128 million tons and it was increased to 156 million tons by 2014.

Restraint: Volatile raw material prices

Ethylene, being the major raw material for alpha olefin production, its price directly affects the alpha olefin market. Ethylene prices are directly affected by crude oil prices. Crude oil prices are determined by various factors including supply, demand, inventory, and natural causes. OPEC countries control crude oil supply. Any decision made by OPEC countries affects global crude oil prices. Increasing demand for petroleum products on account of the increased energy needs of emerging economies also affects crude oil prices. Political unrest in the Middle East & Africa has also affected crude oil prices over the last few years. Major raw materials used to produce alpha olefin include oils such as tall, rapeseed, cotton, sunflower, and soy oils.

What Does This Report Include?

This section will provide insights into the contents included in this alpha olefin market report and help gain clarity on the structure of the report to assist readers in navigating smoothly.

Alpha olefin market qualitative analysis

  • Industry overview

  • Industry trends

  • Market drivers and restraints

  • Market size

  • Growth prospects

  • Porter’s analysis

  • PESTEL analysis

  • Key market opportunities prioritized

  • Competitive landscape

    • Company overview

    • Financial performance

    • Product benchmarking

    • Latest strategic developments

Alpha olefin market quantitative analysis

  • Market size, estimates, and forecast from 2018 to 2030

  • Market estimates and forecast for product segments up to 2030

  • Regional market size and forecast for product segments up to 2030

  • Market estimates and forecast for application segments up to 2030

  • Regional market size and forecast for application segments up to 2030

  • Company financial performance

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