Global Alpha Olefins Market Analysis, Trends, Current Industry Status, Demand

Posted by Nikhil khadilkar on July 26th, 2019

Market Overview:

Alpha Olefins Market are organic compounds that have their major application as feedstock in various end-use industries which utilize petrochemicals to carry out various production processes. Market Research Future (MRFR) has published a report asserting that the global alpha olefins market is forecasted to expand at a moderate growth rate in the forthcoming years.

Alpha Olefins Market are feedstock for many industries. The major applications of these compounds are comonomer for polyolefin production, synthetic lubricant production, as surfactant in detergent production and crude oil refining, and used as drilling machinery fuel in oil & gas exploration. Alpha Olefins are mainly produced by the catalytic oligomerization of ethylene and fishcer-tropsch process to give a mixture of largely linear products of C4-C20+ even number chain length. Crude oil pricing is the major constraint to produce alpha olefins.

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Competitive Analysis:

Some of the prominent players operating in the Global Alpha Olefins Market are Royal Dutch Shell plc (the Netherlands), Chevron Phillips Chemical Company LLC (U.S.), Ineos Group Limited (U.K), SABIC (Saudi Arabia), Sasol Limited (South Africa), The Dow Chemical Company (U.S.), PJSC Nizhnekamskneftekhim (Russia), Qatar Chemical Company Ltd. (Qatar), Evonik Industries AG (Germany), and Idemitsu Kosan Co.,Ltd. (Japan) among others.

Market Drivers and Restraints:

Increasing demand for alpha olefins as comonomers for synthetic lubricant production, polyolefin production, as surfactant in detergent production and crude oil refining are propelling the growth of the global alpha olefins market. Rise in exploration and extraction activities of oil and gas and increased utilization of alpha olefins as drilling machinery fuel in exploration activities are some other factors that are fueling the growth of the global alpha olefins market. 

Intended Audience

  • Alpha Olefins Manufacturers
  • Traders and Distributors of Alpha Olefins
  • Production Process Industries
  • Potential Investors
  • Raw Material Suppliers
  • Nationalized Laboratory

Market Segmentation:

The Global Alpha Olefins Market has been segmented based on type and application.

Based on Type, the alpha olefins market has been segmented into 1-butene, 1-hexene, 1-octene, 1-decene and others. The 1-Butene segment is forecasted to be the fastest growing segment in the global alpha olefins market owing to the increased utilization of plastics in various end-use industries.

Based on Application, the alpha olefins market has been segmented into polyolefin comonomer, plasticizer, lubricant, surfactant, drilling machinery fuel, and others. The polyolefin comonomers segment commanded for the major share in the global alpha olefins market owing to the rapid expansion of plastic industry.

Regional Analysis:

The Global Alpha Olefins Market has been geographically segmented into five major regions such as Europe, Asia Pacific, North America, Latin America, and the Middle East and Africa. The Asia Pacific region commands for the largest share in the global alpha olefins market owing to the increased demand for alpha olefins as a result of rapid expansion of the construction industry.

Increased production of pipes in emerging economies like China, India, Japan and others due to rapid infrastructural development and increased production of petrochemicals are propelling the growth of the alpha olefins market in the Asia Pacific region. 

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Table Of Contents:

1 Executive Summary

2 Scope Of The Report

2.1 Market Definition

2.2 Scope Of The Study

2.2.1 Research Objectives

3 Market Research Methodology

3.1 Research Process

3.2 Secondary Research

3.3 Primary Research

4 Market Landscape

4.1 Five Forces Analysis

4.1.1 Threat Of New Entrants

4.1.2 Bargaining Power Of Buyers

4.1.3 Threat Of Substitutes

5 Industry Overview Of Global Alpha Olefins Market

5.1 Introduction

5.2 Growth Drivers

5.3 Impact Analysis

5.4 Market Challenges

To Be Continue…….

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Nikhil khadilkar

About the Author

Nikhil khadilkar
Joined: December 19th, 2018
Articles Posted: 524

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