Alpha Olefins Market Opportunities 2031
MARKET OVERVIEW
Alpha olefins are a group of linear alpha-olefin (LAO) hydrocarbons produced from ethylene oligomerization. They are a type of alkenes, which are hydrocarbons that contain a double carbon-carbon bond. Alpha olefins are colorless, flammable liquids or solids with a characteristic alkene odor. They are typically produced through the oligomerization of ethylene, a process involving repeated addition of ethylene molecules to form a chain of increasing length. The market for alpha olefins is driven by the increasing demand for these products in various end-use industries, such as personal care, automotive, and industrial. The growing use of Laos as an intermediate in producing biofuels is also expected to drive market growth.
MARKET DYNAMICS
The alpha olefins market is anticipated to grow in the forecast period owing to driving factors such as growing demands from automotive, plastic, and other end-use industry. Moreover, the discovery of shale gas and demands for PAO-based synthetic lubricants fuel alpha olefins market growth. Nonetheless, growing R&D for the development of a product from different sources offer significant growth opportunity for the alpha olefins market and the major players involved.
MARKET SCOPE
The "Global Alpha Olefins Market Analysis to 2031" is a specialized and in-depth study of the chemicals and materials industry with a special focus on global market trend analysis. The report aims to provide an overview of the alpha olefins market with detailed market segmentation by product, application, and geography. The global alpha olefins market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading alpha olefins market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global alpha olefins market is segmented based on product and application. Based on product, the market is segmented as 1-butene, 1-hexene, 1-octene, 1-decene, 1-dodecene, and others. Based on the application the market is segmented as polyethylene, detergent alcohol, synthetic lubricants, and others.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global alpha olefins market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 with respect to five major regions, namely, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA), and South & Central America. The alpha olefins market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the alpha olefins market from both the demand and supply side and further evaluates market dynamics affecting the market during the forecast period, i.e., drivers, restraints, opportunities, and future trends. The report also provides an exhaustive PEST analysis for all five regions namely, North America, Europe, APAC, MEA, and South & Central America after evaluating political, economic, social, and technological factors affecting the alpha olefins market in these regions.
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The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global alpha olefins market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 with respect to five major regions, namely, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA), and South & Central America. The alpha olefins market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the alpha olefins market from both the demand and supply side and further evaluates market dynamics affecting the market during the forecast period, i.e., drivers, restraints, opportunities, and future trends. The report also provides an exhaustive PEST analysis for all five regions namely, North America, Europe, APAC, MEA, and South & Central America after evaluating political, economic, social, and technological factors affecting the alpha olefins market in these regions.
MARKET PLAYERS
The reports cover key developments in the alpha olefins market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals, and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions and partnerships & collaborations. These activities have paved the way for the expansion of business and the customer base of market players. The market payers from the alpha olefins market are anticipated to have lucrative growth opportunities in the future with the rising demand for alpha olefins in the global market. Below mentioned is the list of a few companies engaged in the alpha olefins market.
The report also includes the profiles of key alpha olefins companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information for the last three years, and key developments in the past five years.
- Chevron Phillips Chemical Company LLC
- Exxon Mobil Corporation
- INEOS AG
- Mitsubishi Chemical Corporation
- PJSC Nizhnekamskneftekhim
- Qatar Petroleum
- Royal Dutch Shell plc
- SABIC
- Sasol Limited
- The Dow Chemical Company
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Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
This text is related
to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
This text is related
to country scope.
TABLE OF CONTENTS
1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Alpha Olefins Market - By Product
1.3.2 Alpha Olefins Market - By Application
1.3.3 Alpha Olefins Market - By Region
1.3.3.1 By Country
2. KEY TAKEWAYS
3. RESEARCH METHODOLOGY
4. ALPHA OLEFINS MARKET LANDSCAPE
4.1. OVERVIEW
4.2. PEST ANALYSIS
4.2.1 North America - Pest Analysis
4.2.2 Europe - Pest Analysis
4.2.3 Asia-Pacific - Pest Analysis
4.2.4 Middle East and Africa - Pest Analysis
4.2.5 South and Central America - Pest Analysis
4.3. EXPERT OPINIONS
5. ALPHA OLEFINS MARKET - KEY MARKET DYNAMICS
5.1. KEY MARKET DRIVERS
5.2. KEY MARKET RESTRAINTS
5.3. KEY MARKET OPPORTUNITIES
5.4. FUTURE TRENDS
5.5. IMPACT ANALYSIS OF DRIVERS, RESTRAINTS & EXPECTED INFLUENCE OF COVID-19 PANDEMIC
6. ALPHA OLEFINS MARKET - GLOBAL MARKET ANALYSIS
6.1. ALPHA OLEFINS - GLOBAL MARKET OVERVIEW
6.2. ALPHA OLEFINS - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE
7. ALPHA OLEFINS MARKET - REVENUE AND FORECASTS TO 2028 - PRODUCT
7.1. OVERVIEW
7.2. PRODUCT MARKET FORECASTS AND ANALYSIS
7.3. 1-BUTENE
7.3.1. Overview
7.3.2. 1-Butene Market Forecast and Analysis
7.4. 1-HEXENE
7.4.1. Overview
7.4.2. 1-Hexene Market Forecast and Analysis
7.5. 1-OCTENE
7.5.1. Overview
7.5.2. 1-Octene Market Forecast and Analysis
7.6. 1-DECENE
7.6.1. Overview
7.6.2. 1-Decene Market Forecast and Analysis
7.7. 1-DODECENE
7.7.1. Overview
7.7.2. 1-Dodecene Market Forecast and Analysis
7.8. OTHERS
7.8.1. Overview
7.8.2. Others Market Forecast and Analysis
8. ALPHA OLEFINS MARKET - REVENUE AND FORECASTS TO 2028 - APPLICATION
8.1. OVERVIEW
8.2. APPLICATION MARKET FORECASTS AND ANALYSIS
8.3. POLYETHYLENE
8.3.1. Overview
8.3.2. Polyethylene Market Forecast and Analysis
8.4. DETERGENT ALCOHOL
8.4.1. Overview
8.4.2. Detergent alcohol Market Forecast and Analysis
8.5. SYNTHETIC LUBRICANTS
8.5.1. Overview
8.5.2. Synthetic lubricants Market Forecast and Analysis
8.6. OTHERS
8.6.1. Overview
8.6.2. Others Market Forecast and Analysis
9. ALPHA OLEFINS MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
9.1. NORTH AMERICA
9.1.1 North America Alpha Olefins Market Overview
9.1.2 North America Alpha Olefins Market Forecasts and Analysis
9.1.3 North America Alpha Olefins Market Forecasts and Analysis - By Product
9.1.4 North America Alpha Olefins Market Forecasts and Analysis - By Application
9.1.5 North America Alpha Olefins Market Forecasts and Analysis - By Countries
9.1.5.1 United States Alpha Olefins Market
9.1.5.1.1 United States Alpha Olefins Market by Product
9.1.5.1.2 United States Alpha Olefins Market by Application
9.1.5.2 Canada Alpha Olefins Market
9.1.5.2.1 Canada Alpha Olefins Market by Product
9.1.5.2.2 Canada Alpha Olefins Market by Application
9.1.5.3 Mexico Alpha Olefins Market
9.1.5.3.1 Mexico Alpha Olefins Market by Product
9.1.5.3.2 Mexico Alpha Olefins Market by Application
9.2. EUROPE
9.2.1 Europe Alpha Olefins Market Overview
9.2.2 Europe Alpha Olefins Market Forecasts and Analysis
9.2.3 Europe Alpha Olefins Market Forecasts and Analysis - By Product
9.2.4 Europe Alpha Olefins Market Forecasts and Analysis - By Application
9.2.5 Europe Alpha Olefins Market Forecasts and Analysis - By Countries
9.2.5.1 Germany Alpha Olefins Market
9.2.5.1.1 Germany Alpha Olefins Market by Product
9.2.5.1.2 Germany Alpha Olefins Market by Application
9.2.5.2 France Alpha Olefins Market
9.2.5.2.1 France Alpha Olefins Market by Product
9.2.5.2.2 France Alpha Olefins Market by Application
9.2.5.3 Italy Alpha Olefins Market
9.2.5.3.1 Italy Alpha Olefins Market by Product
9.2.5.3.2 Italy Alpha Olefins Market by Application
9.2.5.4 United Kingdom Alpha Olefins Market
9.2.5.4.1 United Kingdom Alpha Olefins Market by Product
9.2.5.4.2 United Kingdom Alpha Olefins Market by Application
9.2.5.5 Russia Alpha Olefins Market
9.2.5.5.1 Russia Alpha Olefins Market by Product
9.2.5.5.2 Russia Alpha Olefins Market by Application
9.2.5.6 Rest of Europe Alpha Olefins Market
9.2.5.6.1 Rest of Europe Alpha Olefins Market by Product
9.2.5.6.2 Rest of Europe Alpha Olefins Market by Application
9.3. ASIA-PACIFIC
9.3.1 Asia-Pacific Alpha Olefins Market Overview
9.3.2 Asia-Pacific Alpha Olefins Market Forecasts and Analysis
9.3.3 Asia-Pacific Alpha Olefins Market Forecasts and Analysis - By Product
9.3.4 Asia-Pacific Alpha Olefins Market Forecasts and Analysis - By Application
9.3.5 Asia-Pacific Alpha Olefins Market Forecasts and Analysis - By Countries
9.3.5.1 Australia Alpha Olefins Market
9.3.5.1.1 Australia Alpha Olefins Market by Product
9.3.5.1.2 Australia Alpha Olefins Market by Application
9.3.5.2 China Alpha Olefins Market
9.3.5.2.1 China Alpha Olefins Market by Product
9.3.5.2.2 China Alpha Olefins Market by Application
9.3.5.3 India Alpha Olefins Market
9.3.5.3.1 India Alpha Olefins Market by Product
9.3.5.3.2 India Alpha Olefins Market by Application
9.3.5.4 Japan Alpha Olefins Market
9.3.5.4.1 Japan Alpha Olefins Market by Product
9.3.5.4.2 Japan Alpha Olefins Market by Application
9.3.5.5 South Korea Alpha Olefins Market
9.3.5.5.1 South Korea Alpha Olefins Market by Product
9.3.5.5.2 South Korea Alpha Olefins Market by Application
9.3.5.6 Rest of Asia-Pacific Alpha Olefins Market
9.3.5.6.1 Rest of Asia-Pacific Alpha Olefins Market by Product
9.3.5.6.2 Rest of Asia-Pacific Alpha Olefins Market by Application
9.4. MIDDLE EAST AND AFRICA
9.4.1 Middle East and Africa Alpha Olefins Market Overview
9.4.2 Middle East and Africa Alpha Olefins Market Forecasts and Analysis
9.4.3 Middle East and Africa Alpha Olefins Market Forecasts and Analysis - By Product
9.4.4 Middle East and Africa Alpha Olefins Market Forecasts and Analysis - By Application
9.4.5 Middle East and Africa Alpha Olefins Market Forecasts and Analysis - By Countries
9.4.5.1 South Africa Alpha Olefins Market
9.4.5.1.1 South Africa Alpha Olefins Market by Product
9.4.5.1.2 South Africa Alpha Olefins Market by Application
9.4.5.2 Saudi Arabia Alpha Olefins Market
9.4.5.2.1 Saudi Arabia Alpha Olefins Market by Product
9.4.5.2.2 Saudi Arabia Alpha Olefins Market by Application
9.4.5.3 U.A.E Alpha Olefins Market
9.4.5.3.1 U.A.E Alpha Olefins Market by Product
9.4.5.3.2 U.A.E Alpha Olefins Market by Application
9.4.5.4 Rest of Middle East and Africa Alpha Olefins Market
9.4.5.4.1 Rest of Middle East and Africa Alpha Olefins Market by Product
9.4.5.4.2 Rest of Middle East and Africa Alpha Olefins Market by Application
9.5. SOUTH AND CENTRAL AMERICA
9.5.1 South and Central America Alpha Olefins Market Overview
9.5.2 South and Central America Alpha Olefins Market Forecasts and Analysis
9.5.3 South and Central America Alpha Olefins Market Forecasts and Analysis - By Product
9.5.4 South and Central America Alpha Olefins Market Forecasts and Analysis - By Application
9.5.5 South and Central America Alpha Olefins Market Forecasts and Analysis - By Countries
9.5.5.1 Brazil Alpha Olefins Market
9.5.5.1.1 Brazil Alpha Olefins Market by Product
9.5.5.1.2 Brazil Alpha Olefins Market by Application
9.5.5.2 Argentina Alpha Olefins Market
9.5.5.2.1 Argentina Alpha Olefins Market by Product
9.5.5.2.2 Argentina Alpha Olefins Market by Application
9.5.5.3 Rest of South and Central America Alpha Olefins Market
9.5.5.3.1 Rest of South and Central America Alpha Olefins Market by Product
9.5.5.3.2 Rest of South and Central America Alpha Olefins Market by Application
10. INDUSTRY LANDSCAPE
10.1. MERGERS AND ACQUISITIONS
10.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
10.3. NEW PRODUCT LAUNCHES
10.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
11. ALPHA OLEFINS MARKET, KEY COMPANY PROFILES
11.1. CHEVRON PHILLIPS CHEMICAL COMPANY LLC
11.1.1. Key Facts
11.1.2. Business Description
11.1.3. Products and Services
11.1.4. Financial Overview
11.1.5. SWOT Analysis
11.1.6. Key Developments
11.2. EXXON MOBIL CORPORATION
11.2.1. Key Facts
11.2.2. Business Description
11.2.3. Products and Services
11.2.4. Financial Overview
11.2.5. SWOT Analysis
11.2.6. Key Developments
11.3. INEOS AG
11.3.1. Key Facts
11.3.2. Business Description
11.3.3. Products and Services
11.3.4. Financial Overview
11.3.5. SWOT Analysis
11.3.6. Key Developments
11.4. MITSUBISHI CHEMICAL CORPORATION
11.4.1. Key Facts
11.4.2. Business Description
11.4.3. Products and Services
11.4.4. Financial Overview
11.4.5. SWOT Analysis
11.4.6. Key Developments
11.5. PJSC NIZHNEKAMSKNEFTEKHIM
11.5.1. Key Facts
11.5.2. Business Description
11.5.3. Products and Services
11.5.4. Financial Overview
11.5.5. SWOT Analysis
11.5.6. Key Developments
11.6. QATAR PETROLEUM
11.6.1. Key Facts
11.6.2. Business Description
11.6.3. Products and Services
11.6.4. Financial Overview
11.6.5. SWOT Analysis
11.6.6. Key Developments
11.7. ROYAL DUTCH SHELL PLC
11.7.1. Key Facts
11.7.2. Business Description
11.7.3. Products and Services
11.7.4. Financial Overview
11.7.5. SWOT Analysis
11.7.6. Key Developments
11.8. SABIC
11.8.1. Key Facts
11.8.2. Business Description
11.8.3. Products and Services
11.8.4. Financial Overview
11.8.5. SWOT Analysis
11.8.6. Key Developments
11.9. SASOL LIMITED
11.9.1. Key Facts
11.9.2. Business Description
11.9.3. Products and Services
11.9.4. Financial Overview
11.9.5. SWOT Analysis
11.9.6. Key Developments
11.10. THE DOW CHEMICAL COMPANY
11.10.1. Key Facts
11.10.2. Business Description
11.10.3. Products and Services
11.10.4. Financial Overview
11.10.5. SWOT Analysis
11.10.6. Key Developments
12. APPENDIX
12.1. ABOUT THE INSIGHT PARTNERS
12.2. GLOSSARY OF TERMS
The List of Companies
- Chevron Phillips Chemical Company LLC
- Exxon Mobil Corporation
- INEOS AG
- Mitsubishi Chemical Corporation
- PJSC Nizhnekamskneftekhim
- Qatar Petroleum
- Royal Dutch Shell plc
- SABIC
- Sasol Limited
- The Dow Chemical Company
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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