Global linear alpha olefins market is projected to cross $ 21 billion by 2024, growing at a steady rate.
The market for linear alpha-olefins has been segmented into type, application, end-use industry and region. Based on type, the market has been segmented as 1-butene, 1-hexene, 1-octene, 1-decene, 1-dodecene, others. Among these, 1-Hexene holds a significant market share in global linear alpha olefins market as poly-alpha-olefins finds use in automotive engines as synthetic lubricant and as polyethylene in packaging industry. Based on application, the market has been segmented as detergent alcohols, alkylbenzenes (linear & branched), polybutylene, oilfield chemicals, synthetic lubricant, low-density polyethylene (LDPE), high-density polyethylene (HDPE), linear low-density polyethylene (LLDPE) and others. LLDP is witnessing growing demand from numerous industries, as it is used as packaging material.
Regionally, the market for linear alpha-olefins has been segmented as North America, South America, Europe, Asia-Pacific and Middle East & Africa. Markedly, North America is the leading demand generator of linear alpha-olefins. Europe also accounts for a substantial proportion of the global consumption of linear alpha-olefins. Additionally, high demand from end-use industries such as packaging, automotive, pharmaceuticals and chemical industries is expected to fuel linear alpha-olefins market in Asia-Pacific.
Some of the key players operating in global linear alpha olefins market include, Royal Dutch Shell Plc., Sasol Limited, Qatar Chemical Company Ltd (Q-Chem), Chevron Phillips Chemical Company, The Dow Chemical Company, Idemitsu Kosan Co. Ltd, The Linde Group, Exxon Mobil Corporation, INEOS Oligomers, among others. Players operating in the market are using strategies such as mergers and collaboration and product development to register growth in the market.
Years considered for this report
Historical Years2014-2017
Base Year2018
Estimated Year2019
Forecast Period2020-2024
Objective of the Study
- To analyze and forecast global linear alpha olefins market size.
- To forecast global linear alpha olefins market based on type, application, end-use industry and regional distribution.
- To identify drivers and challenges for global linear alpha olefins market.
- To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in global linear alpha olefins market.
- To conduct pricing analysis for linear alpha olefins market.
- To identify and analyze the profile of leading players involved in the manufacturing of linear alpha olefins.
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Some of the leading players in global linear alpha olefins market are Royal Dutch Shell Plc., Sasol Limited, Qatar Chemical Company Ltd (Q-Chem), Chevron Phillips Chemical Company, The Dow Chemical Company, Idemitsu Kosan Co.Ltd, The Linde Group, Exxon Mobil Corporation, INEOS Oligomers, among others.
Market insights research performed both primary as well as exhaustive secondary research for this study. Initially, Market insights research sourced a list of leading manufacturers across the globe. Subsequently, Market insights research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, Market insights research could include the manufacturers which could not be identified due to the limitations of secondary research. Market insights research analyzed the product offerings, distribution channels and presence of all major players operating in global
Market insights research calculated global
Key Target Audience
- Linear alpha olefins manufacturers and suppliers
- Government and other regulatory bodies
- Organizations, forums and alliances related to linear alpha olefins
- Market research and consulting firms
The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as manufacturers and partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.
