Linear Alpha-Olefins Market Insights, Development, Opportunities and Forecast by 2027

Press Release

The Report Linear Alpha-Olefins Market: Global Industry Analysis and Opportunity Assessment 2017-2027 provides information on pricing, market analysis, shares, forecast, and company profiles for key industry participants. –

LinearAlpha olefins are unsaturated hydrocarbonswhich are used to manufacture products like synthetic acids, synthetic lubricants, polymers (LLDPE, HPDE), oilfield chemicals, detergent intermediates and additives. Linear Alpha Olefins are industrially important alkenes with the chemical formula CXH2X. These are unbranched alkenes in which the first carbon atom of the chain has a double bond. The double bond between the first and second carbon of the chain determines the alkene’s chemical properties and makes it useful for a number of applications such as all reactions of an olefin which include polymerization, addition metathesis, etc. Linear Alpha Olefins are manufactured mostly through oligomerisation of ethylene or through Fischer-Tropsch synthesis. This is followed by purification of Linear Alpha Olefins. Linear Alpha olefins are extremely versatile and have applications in the manufacturing of a number of important chemical products such as alkenyl succinic anhydrides, drag reducing agents, Poly Alpha Olefins, lubricants, oilfield chemicals, Alkylbenzenes, fuel additives, plasticizers, detergent alcohols, low density polyethylene (LDPE)and High density polyethylene (HDPE). Linear Alpha Olefins are used as co-monomers in the production of plastics such as polyethylene and polypropylene. Among Linear Alpha-Olefins,1-Hexene has unique properties and is used in various applications. For example, it is used as a co-monomer during the manufacturing of polyethylene, production of aldehydes and fatty acids for plasticizers.

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Linear Alpha-Olefins Market:Market Dynamics

On the basis of value and volume, 1-Hexene holds a major market share of the overall Linear alpha olefins market. Growing demand for Poly-Alpha-Olefins which is used in synthetic lubricants used in automobile engines and increased demand for polyethylene which is used in the packaging industry will continue to drive the linear alpha-olefins market during the forecast period. Increasing demand from various industries for LLDPE, which is used as packaging material, is also contributing towards the growth of the Linear-Alpha Olefins market. Easy availability of raw materials for alpha olefin production is also projected to increase the market growth of Linear Alpha-Olefins.  The growth of automotive and consumer goods industry and positive outlook on oilfield drilling activities is expected to affect the Linear-Alpha Olefins demand positively.

Volatility in the prices of raw materials coupled with stringent environmental regulations is expected to remain a key challenge for market players. Other than this, relatively high initial investments may also affect the market negatively. The presence of alternatives such astungsten disulphide and advancement in nanoparticle-based lubricants are the key restraints for the market growth of Linear Alpha-Olefins.

Though bio-based Linear Alpha-Olefins are in research and development phase, they are likely to gain momentum in near future, which can be an upcoming opportunity for the manufacturers.

Linear Alpha-Olefins Market:Market Segmentation

The global alpha-olefins market is segmented on the basis of:

  • Segmentation of  Linear Alpha-Olefinsmarket on the basis of product/submarkets
  • 1-Butene
  • 1-Hexene
  • 1-Octene
  • 1-decene
  • 1-dodecene
  • 1-tetradecene
  • 1-hexadecene
  • Higher Olefins
  • Segmentation of  Linear Alpha-Olefinsmarket on the basisof its application
  • Detergent Alcohol
  • Synthetic Lubricant
  • Low-density polyethylene (LDPE)
  • High-density polyethylene  (HDPE)
  • LLDPE( Linear low-density polyethylene)
  • Segmentation of Linear Alpha-Olefinsmarket on the basis of end-use industry
  • Automotive industry
  • Paper industry
  • Cosmetics & Pharmaceuticals industry
  • Chemical industry
  • Consumer goods
  • Packaging industry

Linear Alpha-Olefins Market: Regional Outlook

North America is considered to be a major consumer of Linear Alpha-Olefins market. Europe also accounts for a significant proportion of Linear Alpha-Olefinsglobal consumption. Moreover, high demand from end-use industries such as packaging, automotive, pharmaceuticals and chemical industries is likely to fuel the Linear Alpha-Olefinsmarket growth in Asia Pacific. The growth of automotive and consumer goods industries in Asia Pacific and Latin America is expected to affect market growth in positive way. Linear Alpha-Olefins market during the forecast period.

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Linear Alpha-Olefins Market: Market Participants

Some of the examples of the market participants in the Linear Alpha-Olefinsglobal market identified across the value chain are

  • Royal Dutch Shell plc
  • Sasol
  • Qatar Chemical Company Ltd (Q-Chem)
  • Chevron Phillips Chemical Company
  • The Dow Chemical Company
  • Idemitsu Kosan Co.Ltd
  • The Linde Group
  • Nizhnekamskneftekhim

The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to market segments such as geographies, application, and industry.

The report covers exhaust analysis on:

  • Market Segments
  • Market Dynamics
  • Market Size
  • Supply & Demand
  • Current Trends/Issues/Challenges
  • Competition & Companies involved
  • Technology
  • Value Chain

Regional analysis includes:

  • North America (U.S., Canada)
  • Latin America (Mexico. Brazil)
  • Western Europe (Germany, Italy, France, U.K, Spain)
  • Eastern Europe (Poland, Russia)
  • Asia Pacific (China, India, ASEAN, Australia & New Zealand)
  • Japan
  • Middle East and Africa (GCC Countries, S. Africa, Northern Africa)

The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.

Report Highlights:

  • Detailed overview of parent market
  • Changing market dynamics in the industry
  • In-depth market segmentation
  • Historical, current and projected market size in terms of volume and value
  • Recent industry trends and developments
  • Competitive landscape
  • Strategies of key players and products offered
  • Potential and niche segments, geographical regions exhibiting promising growth
  • A neutral perspective on market performance
  • Must-have information for market players to sustain and enhance their market footprint

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The main aim of the report is to:

  • Enable key stakeholder’s in the market bet right on it
  • Understand the opportunities and pitfalls awaiting them
  • Assess the overall growth scope in the near term
  • Strategize effectively with respect to production and distribution

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