A Global Research on 1-Decene market Analysis-2020

Posted by rohan on December 1st, 2020

1-Decene Market Overview:

The global 1-Decene market was registered at USD 1035.4 Million in 2020 and is anticipated to reach USD 1,451.7 Million by 2025, at a CAGR of 6.4% during the forecast period. 1-decene contains ten carbon atoms and twenty hydrogen atoms, and it belongs to the group of alkenes. There are many isomers of decene depending on the geometry and position of the double bond and all of them are of great importance in industry. It is also known by its name: decylene and α-decene. Decene is an alkene, that is to say an unsaturated hydrocarbon, with the chemical formula C10H20. It consists of a chain of chemical bonds of 10 carbon atoms with one double bond. It is produced chemically by oligomerization of ethylene or by decomposition of petroleum waxes with higher carbon content. It is a white transparent toxic mobile liquid. The 1-decene is stored under a nitrogen blanket. It exhibits anticorrosive properties with respect to steel or aluminum. 1-Decene is commonly used in industrial processes. It is used as a monomer in copolymers which are mainly used in the production of polyalphaolefins (PAO). 1-Decene finds its applications and uses for the manufacture of surfactants, specialized industrial chemicals such as flavors, fragrances, pharmaceuticals, dyes, oils and resins. It also finds wide use as a lubricating agent in dough dividers, as a mold release agent in bread boxes and as an anti-foam and anti-dust agent. It is also used primarily in industrial gear systems and automatic transmission motors in the aerospace and marine industries.

1-Decene Market drivers and restraints:

The 1-decene market is driven by increased production of polyalpha olefins. Strict requirements in the cosmetics, food and beverage industries and growing environmental concerns in the automotive industries have indirectly driven the demand for synthetic lubricants. This increased demand for synthetic lubricants has led to an increase in the consumption of 1-decene. In addition, 1-decene is used as a chemical intermediate in the production of detergents and their derivatives, which are also used in the manufacture of industrial surfactants. The increased demand for surfactants from end-use industries has led to an increased demand for 1-decene. In addition, a fall in commodity prices has conferred an additional advantage which is expected to lead to market growth of 1 tenth. An increase in demand for synthetic lubricants, hit by insufficient supply of polyalphaolefins (PAOs) in the global market, has led lubricant manufacturers to develop alternative lubricant materials such as glycol-based lubricants, that is, i.e. polyalkylene glycol (PAG), polyol esters and phosphate esters. , among others. An increase in the variety of lubricants and a declining share of PAO lubricants are expected to affect the growth of the 1-Decene market. In addition, special care should be taken when handling 1-decene, as it forms an explosive mixture on contact with moisture or oxygen. Factors such as relatively lower economic growth in major world markets and a lack of specific production techniques hamper the market growth. In addition, the growth of Group III base oils and the volatility of raw material prices are the possible constraints hindering the overall 1 tenth world market growth.

To know more, click on the link below:

https://www.marketdataforecast.com/market-reports/1-decene-market