Product Code: 978-1-68038-356-0
Alpha Olefin Market Growth & Trends:
The global alpha olefin market size is expected to reach USD 14.63 billion by 2030, registering a CAGR of 5.8% from 2024 to 2030, according to a new report by Grand View Research, Inc. Increasing demand for polyethylene and synthetic lubricants is driving demand for these products.
Increasing polyethylene demand from various end-use industries is expected to remain a key driving factor for the global market. Surge in demand can be attributed to its easy processability, versatility, recyclability, and low cost of production. Growing population and increasing consumer spending, coupled with increasing industrial output in emerging markets of China, India, Brazil, and Mexico, have fueled polyethylene consumption.
Growing demand for polyalphaolefin in synthetic lubricants, because of its ability to protect engines from wear and tear damages, is also expected to fuel market growth over the forecast period. Synthetic lubricants exhibit high demand owing to increasing usage in industrial, automotive, marine, and aerospace industries. These lubricants are gaining wide acceptance due to its benefits such as reduction in oil consumption and increased thermal stability.
Increasing oilfield activities and petrochemical production in Middle East have propelled ethylene production, thereby assisting the growth of the alpha olefin market in the region. Major manufacturers are also aiming to shift their production base in MEA, owing to the abundant availability of raw material.
Alpha Olefin Market Report Highlights:
- By product, the 1-Hexene segment is anticipated to exhibit a revenue-based CAGR of 5.8% from 2024 to 2030. It is used in large quantities in the production of polyethylene, which is used in various end-use industries such as packaging, consumer goods, and automotive
- By application, polyethylene production dominated the market in terms of revenue, with a share of over 55% in 2023 owing to growing need for lightweight, durable plastics. Infrastructural development in emerging countries such as China, India, and Brazil has boosted demand for high-density polyethylene (HDPE) pipes and cables
- Industry participants are focusing on developing new and sustainable products, along with various R&D activities to fulfill the demand stemming from local markets
Table of Contents
Chapter 1. Methodology and Scope
- 1.1. Market Segmentation & Scope
- 1.2. Market Definition
- 1.3. Information Procurement
- 1.3.1. Purchased Database
- 1.3.2. GVR's Internal Database
- 1.3.3. Secondary Sources & Third-Party Perspectives
- 1.3.4. Primary Research
- 1.4. Information Analysis
- 1.4.1. Data Analysis Models
- 1.5. Market Formulation & Data Visualization
- 1.6. Data Validation & Publishing
Chapter 2. Executive Summary
- 2.1. Market Snapshot
- 2.2. Segment Snapshot
- 2.3. Competitive Landscape Snapshot
Chapter 3. Alpha Olefin Market Variables, Trends & Scope
- 3.1. Market Lineage Outlook
- 3.2. Industry Value Chain Analysis
- 3.2.1. Raw Material Trends
- 3.2.2. Manufacturing/Technological Trends
- 3.2.3. Sales Channel Analysis
- 3.3. Regulatory Framework
- 3.4. Price Trend Analysis, 2018 - 2030 (USD/Kg)
- 3.4.1. Factors Influencing Price Trend Analysis
- 3.5. Market Dynamics
- 3.5.1. Market Driver Analysis
- 3.5.2. Market Restraint Analysis
- 3.5.3. Industry Challenges
- 3.5.4. Industry Opportunities
- 3.6. Industry Analysis Tools
- 3.6.1. Porter's Five Forces Analysis
- 3.6.2. Macro-environmental Analysis
Chapter 4. Alpha Olefin Market: Product Estimates & Trend Analysis
- 4.1. Product Movement Analysis & Market Share, 2023 & 2030
- 4.2. Alpha Olefin Market Estimates & Forecast, By Product, 2018 to 2030 (Kilo Tons) (USD Million)
- 4.3. 1-Butene
- 4.3.1. 1-Butene Market Revenue & Volume Estimates and Forecasts, 2018 - 2030 (Kilo Tons) (USD Million)
- 4.4. 1-Hexene
- 4.4.1. 1-Hexene Market & Volume Revenue Estimates and Forecasts, 2018 - 2030 (Kilo Tons) (USD Million)
- 4.5. 1-Octene
- 4.5.1. 1-Octene Market & Volume Revenue Estimates and Forecasts, 2018 - 2030 (Kilo Tons) (USD Million)
- 4.6. 1-Decene
- 4.6.1. 1-Decene Market & Volume Revenue Estimates and Forecasts, 2018 - 2030 (Kilo Tons) (USD Million)
- 4.7. 1-Dodecene
- 4.7.1. 1-Dodecene Market & Volume Revenue Estimates and Forecasts, 2018 - 2030 (Kilo Tons) (USD Million)
- 4.8. Others
- 4.8.1. Others Market Revenue & Volume Estimates and Forecasts, 2018 - 2030 (Kilo Tons) (USD Million)
Chapter 5. Alpha Olefin Market: Application Market Estimates & Trend Analysis
- 5.1. Application Movement Analysis & Market Share, 2023 & 2030
- 5.2. Alpha Olefin Market Estimates & Forecast, By Application 2018 to 2030 (Kilo Tons) (USD Million)
- 5.3. Polyethylene
- 5.3.1. Polyethylene Market Revenue& Volume Estimates and Forecasts, 2018 - 2030 (Kilo Tons) (USD Million)
- 5.4. Detergent Alcohol
- 5.4.1. Detergent Alcohol Market Revenue & Volume Estimates and Forecasts, 2018 - 2030 (Kilo Tons) (USD Million)
- 5.5. Synthetic Lubricant
- 5.5.1. Synthetic Lubricant Market Revenue & Volume Estimates and Forecasts, 2018 - 2030 (Kilo Tons) (USD Million)
- 5.6. Others
- 5.6.1. Others Market & Volume Revenue Estimates and Forecasts, 2018 - 2030 (Kilo Tons) (USD Million)
Chapter 6. Alpha Olefin Market: Regional Estimates & Trend Analysis
- 6.1. Regional Movement Analysis & Market Share, 2023 & 2030
- 6.2. North America
- 6.2.1. North America Alpha Olefin Market Estimates & Forecast, 2018 - 2030 (Kilo Tons) (USD Million)
- 6.2.2. U.S.
- 6.2.2.1. Key country dynamics
- 6.2.2.2. U.S. alpha olefin market estimates & forecast,
- 6.2.3. Canada
- 6.2.3.1. Key country dynamics
- 6.2.3.2. Canada alpha olefin market estimates & forecast, 2018 - 2030 (Kilo Tons) (USD Million)
- 6.2.4. Mexico
- 6.2.4.1. Key country dynamics
- 6.2.4.2. Mexico alpha olefin market estimates & forecast, 2018 - 2030 (Kilo Tons) (USD Million)
- 6.3. Europe
- 6.3.1. Europe Alpha Olefin Market Estimates & Forecast, 2018 - 2030 (Kilo Tons) (USD Million)
- 6.3.2. Germany
- 6.3.2.1. Key country dynamics
- 6.3.2.2. Germany alpha olefin market estimates & forecast, 2018 - 2030 (Kilo Tons) (USD Million)
- 6.3.3. UK
- 6.3.3.1. Key country dynamics
- 6.3.3.2. UK alpha olefin market estimates & forecast, 2018 - 2030 (Kilo Tons) (USD Million)
- 6.3.4. France
- 6.3.4.1. Key country dynamics
- 6.3.4.2. France alpha olefin market estimates & forecast, 2018 - 2030 (Kilo Tons) (USD Million)
- 6.3.5. Italy
- 6.3.5.1. Key country dynamics
- 6.3.5.2. Italy alpha olefin market estimates & forecast, 2018 - 2030 (Kilo Tons) (USD Million)
- 6.3.6. Spain
- 6.3.6.1. Key country dynamics
- 6.3.6.2. Spain alpha olefin market estimates & forecast, 2018 - 2030 (Kilo Tons) (USD Million)
- 6.4. Asia Pacific
- 6.4.1. Asia Pacific Alpha Olefin Market Estimates & Forecast, 2018 - 2030 (Kilo Tons) (USD Million)
- 6.4.2. China
- 6.4.2.1. Key country dynamics
- 6.4.2.2. China alpha olefin market estimates & forecast, 2018 - 2030 (Kilo Tons) (USD Million)
- 6.4.3. Japan
- 6.4.3.1. Key country dynamics
- 6.4.3.2. Japan alpha olefin market estimates & forecast, 2018 - 2030 (Kilo Tons) (USD Million)
- 6.4.4. India
- 6.4.4.1. Key country dynamics
- 6.4.4.2. India alpha olefin market estimates & forecast, 2018 - 2030 (Kilo Tons) (USD Million)
- 6.4.5. South Korea
- 6.4.5.1. Key country dynamics
- 6.4.5.2. South Korea alpha olefin market estimates & forecast, 2018 - 2030 (Kilo Tons) (USD Million)
- 6.5. Central & South America
- 6.5.1. Central & South America Alpha Olefin Market Estimates & Forecast, 2018 - 2030 (Kilo Tons) (USD Million)
- 6.5.2. Brazil
- 6.5.2.1. Key country dynamics
- 6.5.3. Brazil alpha olefin market estimates & forecast, 2018 - 2030 (Kilo Tons) (USD Million)
- 6.5.4. Argentina
- 6.5.4.1. Key country dynamics
- 6.5.5. Argentina alpha olefin market estimates & forecast, 2018 - 2030 (Kilo Tons) (USD Million)
- 6.6. Middle East & Africa
- 6.6.1. Middle East & Africa Alpha Olefin Market Estimates & Forecast, 2018 - 2030 (Kilo Tons) (USD Million)
- 6.6.2. Saudi Arabia
- 6.6.2.1. Key country dynamics
- 6.6.3. Saudi Arabia alpha olefin market estimates & forecast, 2018 - 2030 (Kilo Tons) (USD Million)
- 6.6.4. South Africa
- 6.6.4.1. Key country dynamics
- 6.6.5. South Africa alpha olefin market estimates & forecast, 2018 - 2030 (Kilo Tons) (USD Million)
Chapter 7. Alpha Olefin Market - Competitive Landscape
- 7.1. Recent Developments & Impact Analysis, By Key Market Participants
- 7.2. Company Categorization
- 7.3. Company Market Share/Position Analysis, 2023
- 7.4. Company Heat Map Analysis
- 7.5. List of Key Distributors and Channel Partners
- 7.6. Strategy Mapping
- 7.6.1. Expansion
- 7.6.2. Mergers & Acquisition
- 7.6.3. Partnerships & Collaborations
- 7.6.4. New Product Launches
- 7.6.5. Research And Development
- 7.7. Company Profiles
- 7.7.1. Chevron Phillips Chemical Company LLC
- 7.7.1.1. Participant's overview
- 7.7.1.2. Financial performance
- 7.7.1.3. Product benchmarking
- 7.7.1.4. Recent developments
- 7.7.2. Exxon Mobil Corporation
- 7.7.3. Petrochemicals (Malaysia) Sdn. Bhd.
- 7.7.4. INEOS Oligomers
- 7.7.5. Mitsubishi Chemical Corporation
- 7.7.6. SABIC
- 7.7.7. Sasol
- 7.7.8. Shell plc
- 7.7.9. Jam Petrochemical
- 7.7.10. Dow