Covid-19 Impact on 1-Decene Market:The ongoing COVID-19 pandemic conditions have severely affected every sector around the world. Whereas, the chemicals and materials sectors were moderately affected during the pandemic. This is primarily due to the uncut demand for chemicals for healthcare, life science, and cleaning agents. However, other elements of chemical and material sectors such as paints, industrial oil, construction materials are facing diminution in demand. Strict lockdown resulted in a nearly 50-60% reduction in supply for raw materials, which directly affected the manufacturing process. Further, halt on many end-use industries directly affected the chemical demand all around the world.
1-Decene Market OverviewThe 1-Decene Market was worth USD 650.70 million in 2021 and is expected to be worth USD 1,075.50 million by 2030, increasing at a CAGR of 7.2% between 2023 and 2030.
1-Decene is mainly used in the production of epoxides, amines, and synthetic fatty acids.1-Decene is used in the production of polyalphaolefins (PAO), a type of synthetic lubricants which is used as high-performance synthetic lubricants for industrial gear systems and automatic transmission engines in aviation and marine sectors. In addition, growing requirements in cosmetic and food & beverage industries and rise in environmental guidelines in the automotive sector are indirectly enhancing the demand for synthetic lubricants. Therefore, the rising demand for synthetic lubricants is expected to increase the demand for 1-Decene during the forecast period.
1-Decene witness a high demand as a chemical intermediate. It is used in the making of surfactants. Due to the excessive demand for surfactants in the end-use industries is propelled the demand for 1-Decene. All these factors are estimated to observe captivating development in the forthcoming year. Furthermore, reduction in prices of raw materials is fueling the growth of market.
However, some challenges such as strict rules and regulation of government in different regions and environmental impact due to rise in carbon footprints may be hampering the global 1-Decene market growth in the following years.
1-Decene Market Segment OverviewThe polyalphaolefins segment has a notable share in the market. The flexible government taxation policies, advancement in product development and demand as well as increasing per capita income are few other key aspects positively affecting the growth of polyalphaolefins segment.
Increasing demand for high-density polyethylene (HDPE), commonly used in the production of packaging products and housing appliances, is anticipated to drive demand for 1-decene. Furthermore, the growing adoption of Low-density polyethylene (LDPE) used for manufacturing kitchen appliances, is also fuelling the growth of the market.
1-Decene Regional OverviewBased on region, the Asia Pacific region is contributing a major share in the global 1-Decene market. It is expected to dominate the global market during the forecast period. Developing countries such as India and China have large market share. Rising growth in the automotive sector in these countries propels the growth of the 1-Decene market. European countries such as Belgium, Germany have good market space. With the presence of a huge industrial base of polyalphaolefins in Belgium, the country is a profitable market for 1-Decene. Furthermore, rapid expansion in the 1-Decene market in Germany owing to the growth in the automobile industry. Increasing demand for synthetic lubricants in the North American region, especially in the U.S. North America is expected to command a considerable share of the market. The market in Latin America and Middle East & Africa is expected to expand at a slow level during the forecast period.
1-Decene Market Competitor overview· In January 2019, Royal Dutch Shell (Netherlands) started the production of its fourth alpha olefins (AO) unit at its Geismar, Louisiana, US chemical manufacturing site.
· In May 2019, Exxon Mobil planned to expand its Baytown, Texas, US chemical plant with an investment of USD 2 billion, which is expected to contribute a 15% return concerning its investment. The investment is believed to maximize the production from the Permian basin and extra produce of 350,000 tons of linear alpha olefins a year.
1-Decene Market, Key Players
· Shell Chemicals
· Chevron Phillips Chemical Company
· Sea-Land Chemical Company
· Symrise
· INEOS
· SABIC
· LG Chem Ltd.
· Exxon Mobil Corporation
· Royal Dutch Shell Plc.
· Qatar Chemical Company
· 1-Decene Market Segmentation
1-Decene Market, By Derivative
· Polyalphaolefins
· Oxo Alcohols
· Linear Alkyne Benzene
· Linear Mercaptans
· Chlorinated Olefins
· Alkyl Dimethylamine
· Di-alkyl Diethylamine
1-Decene Market, By Application
· Synthetic Lubricants
· Plasticizers
· Polyethylene
· Surfactants
· Others
1-Decene market, By Region
- North America
- Europe
- UK
- Germany
- France
- Italy
- Spain
- Rest of Europe
- Asia-Pacific
- Japan
- China
- India
- Australia
- South Korea
- Rest of Asia-Pacific
- South America
- Brazil
- Argentina
- Rest of South America
- Middle East and Africa
- GCC
- South Africa
- Rest of Middle East and Africa
List of Figures
Figure 1: Global 1-Decene Market Revenue Breakdown (USD Billion, %) by Region, 2023 & 2030
Figure 2: Global 1-Decene Market Value Share (%), By Segment 1, 2023 & 2030
Figure 3: Global 1-Decene Market Forecast (USD Billion), by Sub-Segment 1, 2021-2030
Figure 4: Global 1-Decene Market Forecast (USD Billion), by Sub-Segment 2, 2021-2030
Figure 5: Global 1-Decene Market Value Share (%), By Segment 2, 2023 & 2030
Figure 6: Global 1-Decene Market Forecast (USD Billion), by Sub-Segment 1, 2021-2030
Figure 7: Global 1-Decene Market Forecast (USD Billion), by Sub-Segment 2, 2021-2030
Figure 8: Global 1-Decene Market Forecast (USD Billion), by Sub-Segment 3, 2021-2030
Figure 9: Global 1-Decene Market Forecast (USD Billion), by Others, 2021-2030
Figure 10: Global 1-Decene Market Value Share (%), By Segment 3, 2023 & 2030
Figure 11: Global 1-Decene Market Forecast (USD Billion), by Sub-Segment 1, 2021-2030
Figure 12: Global 1-Decene Market Forecast (USD Billion), by Sub-Segment 2, 2021-2030
Figure 13: Global 1-Decene Market Forecast (USD Billion), by Sub-Segment 3, 2021-2030
Figure 14: Global 1-Decene Market Forecast (USD Billion), by Others, 2021-2030
Figure 15: Global 1-Decene Market Value (USD Billion), by Region, 2023 & 2030
Figure 16: North America 1-Decene Market Value Share (%), By Segment 1, 2023 & 2030
Figure 17: North America 1-Decene Market Forecast (USD Billion), by Sub-Segment 1, 2021-2030
Figure 18: North America 1-Decene Market Forecast (USD Billion), by Sub-Segment 2, 2021-2030
Figure 19: North America 1-Decene Market Value Share (%), By Segment 2, 2023 & 2030
Figure 20: North America 1-Decene Market Forecast (USD Billion), by Sub-Segment 1, 2021-2030
Figure 21: North America 1-Decene Market Forecast (USD Billion), by Sub-Segment 2, 2021-2030
Figure 22: North America 1-Decene Market Forecast (USD Billion), by Sub-Segment 3, 2021-2030
Figure 23: North America 1-Decene Market Forecast (USD Billion), by Others, 2021-2030
Figure 24: North America 1-Decene Market Value Share (%), By Segment 3, 2023 & 2030
Figure 25: North America 1-Decene Market Forecast (USD Billion), by Sub-Segment 1, 2021-2030
Figure 26: North America 1-Decene Market Forecast (USD Billion), by Sub-Segment 2, 2021-2030
Figure 27: North America 1-Decene Market Forecast (USD Billion), by Sub-Segment 3, 2021-2030
Figure 28: North America 1-Decene Market Forecast (USD Billion), by Others, 2021-2030
Figure 29: North America 1-Decene Market Forecast (USD Billion), by U.S., 2021-2030
Figure 30: North America 1-Decene Market Forecast (USD Billion), by Canada, 2021-2030
Figure 31: Latin America 1-Decene Market Value Share (%), By Segment 1, 2023 & 2030
Figure 32: Latin America 1-Decene Market Forecast (USD Billion), by Sub-Segment 1, 2021-2030
Figure 33: Latin America 1-Decene Market Forecast (USD Billion), by Sub-Segment 2, 2021-2030
Figure 34: Latin America 1-Decene Market Value Share (%), By Segment 2, 2023 & 2030
Figure 35: Latin America 1-Decene Market Forecast (USD Billion), by Sub-Segment 1, 2021-2030
Figure 36: Latin America 1-Decene Market Forecast (USD Billion), by Sub-Segment 2, 2021-2030
Figure 37: Latin America 1-Decene Market Forecast (USD Billion), by Sub-Segment 3, 2021-2030
Figure 38: Latin America 1-Decene Market Forecast (USD Billion), by Others, 2021-2030
Figure 39: Latin America 1-Decene Market Value Share (%), By Segment 3, 2023 & 2030
Figure 40: Latin America 1-Decene Market Forecast (USD Billion), by Sub-Segment 1, 2021-2030
Figure 41: Latin America 1-Decene Market Forecast (USD Billion), by Sub-Segment 2, 2021-2030
Figure 42: Latin America 1-Decene Market Forecast (USD Billion), by Sub-Segment 3, 2021-2030
Figure 43: Latin America 1-Decene Market Forecast (USD Billion), by Others, 2021-2030
Figure 44: Latin America 1-Decene Market Forecast (USD Billion), by Brazil, 2021-2030
Figure 45: Latin America 1-Decene Market Forecast (USD Billion), by Mexico, 2021-2030
Figure 46: Latin America 1-Decene Market Forecast (USD Billion), by Rest of Latin America, 2021-2030
Figure 47: Europe 1-Decene Market Value Share (%), By Segment 1, 2023 & 2030
Figure 48: Europe 1-Decene Market Forecast (USD Billion), by Sub-Segment 1, 2021-2030
Figure 49: Europe 1-Decene Market Forecast (USD Billion), by Sub-Segment 2, 2021-2030
Figure 50: Europe 1-Decene Market Value Share (%), By Segment 2, 2023 & 2030
Figure 51: Europe 1-Decene Market Forecast (USD Billion), by Sub-Segment 1, 2021-2030
Figure 52: Europe 1-Decene Market Forecast (USD Billion), by Sub-Segment 2, 2021-2030
Figure 53: Europe 1-Decene Market Forecast (USD Billion), by Sub-Segment 3, 2021-2030
Figure 54: Europe 1-Decene Market Forecast (USD Billion), by Others, 2021-2030
Figure 55: Europe 1-Decene Market Value Share (%), By Segment 3, 2023 & 2030
Figure 56: Europe 1-Decene Market Forecast (USD Billion), by Sub-Segment 1, 2021-2030
Figure 57: Europe 1-Decene Market Forecast (USD Billion), by Sub-Segment 2, 2021-2030
Figure 58: Europe 1-Decene Market Forecast (USD Billion), by Sub-Segment 3, 2021-2030
Figure 59: Europe 1-Decene Market Forecast (USD Billion), by Others, 2021-2030
Figure 60: Europe 1-Decene Market Forecast (USD Billion), by U.K., 2021-2030
Figure 61: Europe 1-Decene Market Forecast (USD Billion), by Germany, 2021-2030
Figure 62: Europe 1-Decene Market Forecast (USD Billion), by France, 2021-2030
Figure 63: Europe 1-Decene Market Forecast (USD Billion), by Italy, 2021-2030
Figure 64: Europe 1-Decene Market Forecast (USD Billion), by Spain, 2021-2030
Figure 65: Europe 1-Decene Market Forecast (USD Billion), by Russia, 2021-2030
Figure 66: Europe 1-Decene Market Forecast (USD Billion), by Rest of Europe, 2021-2030
Figure 67: Asia Pacific 1-Decene Market Value Share (%), By Segment 1, 2023 & 2030
Figure 68: Asia Pacific 1-Decene Market Forecast (USD Billion), by Sub-Segment 1, 2021-2030
Figure 69: Asia Pacific 1-Decene Market Forecast (USD Billion), by Sub-Segment 2, 2021-2030
Figure 70: Asia Pacific 1-Decene Market Value Share (%), By Segment 2, 2023 & 2030
Figure 71: Asia Pacific 1-Decene Market Forecast (USD Billion), by Sub-Segment 1, 2021-2030
Figure 72: Asia Pacific 1-Decene Market Forecast (USD Billion), by Sub-Segment 2, 2021-2030
Figure 73: Asia Pacific 1-Decene Market Forecast (USD Billion), by Sub-Segment 3, 2021-2030
Figure 74: Asia Pacific 1-Decene Market Forecast (USD Billion), by Others, 2021-2030
Figure 75: Asia Pacific 1-Decene Market Value Share (%), By Segment 3, 2023 & 2030
Figure 76: Asia Pacific 1-Decene Market Forecast (USD Billion), by Sub-Segment 1, 2021-2030
Figure 77: Asia Pacific 1-Decene Market Forecast (USD Billion), by Sub-Segment 2, 2021-2030
Figure 78: Asia Pacific 1-Decene Market Forecast (USD Billion), by Sub-Segment 3, 2021-2030
Figure 79: Asia Pacific 1-Decene Market Forecast (USD Billion), by Others, 2021-2030
Figure 80: Asia Pacific 1-Decene Market Forecast (USD Billion), by China, 2021-2030
Figure 81: Asia Pacific 1-Decene Market Forecast (USD Billion), by India, 2021-2030
Figure 82: Asia Pacific 1-Decene Market Forecast (USD Billion), by Japan, 2021-2030
Figure 83: Asia Pacific 1-Decene Market Forecast (USD Billion), by Australia, 2021-2030
Figure 84: Asia Pacific 1-Decene Market Forecast (USD Billion), by Southeast Asia, 2021-2030
Figure 85: Asia Pacific 1-Decene Market Forecast (USD Billion), by Rest of Asia Pacific, 2021-2030
Figure 86: Middle East & Africa 1-Decene Market Value Share (%), By Segment 1, 2023 & 2030
Figure 87: Middle East & Africa 1-Decene Market Forecast (USD Billion), by Sub-Segment 1, 2021-2030
Figure 88: Middle East & Africa 1-Decene Market Forecast (USD Billion), by Sub-Segment 2, 2021-2030
Figure 89: Middle East & Africa 1-Decene Market Value Share (%), By Segment 2, 2023 & 2030
Figure 90: Middle East & Africa 1-Decene Market Forecast (USD Billion), by Sub-Segment 1, 2021-2030
Figure 91: Middle East & Africa 1-Decene Market Forecast (USD Billion), by Sub-Segment 2, 2021-2030
Figure 92: Middle East & Africa 1-Decene Market Forecast (USD Billion), by Sub-Segment 3, 2021-2030
Figure 93: Middle East & Africa 1-Decene Market Forecast (USD Billion), by Others, 2021-2030
Figure 94: Middle East & Africa 1-Decene Market Value Share (%), By Segment 3, 2023 & 2030
Figure 95: Middle East & Africa 1-Decene Market Forecast (USD Billion), by Sub-Segment 1, 2021-2030
Figure 96: Middle East & Africa 1-Decene Market Forecast (USD Billion), by Sub-Segment 2, 2021-2030
Figure 97: Middle East & Africa 1-Decene Market Forecast (USD Billion), by Sub-Segment 3, 2021-2030
Figure 98: Middle East & Africa 1-Decene Market Forecast (USD Billion), by Others, 2021-2030
Figure 99: Middle East & Africa 1-Decene Market Forecast (USD Billion), by GCC, 2021-2030
Figure 100: Middle East & Africa 1-Decene Market Forecast (USD Billion), by South Africa, 2021-2030
Figure 101: Middle East & Africa 1-Decene Market Forecast (USD Billion), by Rest of Middle East & Africa, 2021-2030
List of Tables
Table 1: Global 1-Decene Market Revenue (USD Billion) Forecast, by Segment 1, 2021-2030
Table 2: Global 1-Decene Market Revenue (USD Billion) Forecast, by Segment 2, 2021-2030
Table 3: Global 1-Decene Market Revenue (USD Billion) Forecast, by Segment 3, 2021-2030
Table 4: Global 1-Decene Market Revenue (USD Billion) Forecast, by Region, 2021-2030
Table 5: North America 1-Decene Market Revenue (USD Billion) Forecast, by Segment 1, 2021-2030
Table 6: North America 1-Decene Market Revenue (USD Billion) Forecast, by Segment 2, 2021-2030
Table 7: North America 1-Decene Market Revenue (USD Billion) Forecast, by Segment 3, 2021-2030
Table 8: North America 1-Decene Market Revenue (USD Billion) Forecast, by Country, 2021-2030
Table 9: Europe 1-Decene Market Revenue (USD Billion) Forecast, by Segment 1, 2021-2030
Table 10: Europe 1-Decene Market Revenue (USD Billion) Forecast, by Segment 2, 2021-2030
Table 11: Europe 1-Decene Market Revenue (USD Billion) Forecast, by Segment 3, 2021-2030
Table 12: Europe 1-Decene Market Revenue (USD Billion) Forecast, by Country, 2021-2030
Table 13: Latin America 1-Decene Market Revenue (USD Billion) Forecast, by Segment 1, 2021-2030
Table 14: Latin America 1-Decene Market Revenue (USD Billion) Forecast, by Segment 2, 2021-2030
Table 15: Latin America 1-Decene Market Revenue (USD Billion) Forecast, by Segment 3, 2021-2030
Table 16: Latin America 1-Decene Market Revenue (USD Billion) Forecast, by Country, 2021-2030
Table 17: Asia Pacific 1-Decene Market Revenue (USD Billion) Forecast, by Segment 1, 2021-2030
Table 18: Asia Pacific 1-Decene Market Revenue (USD Billion) Forecast, by Segment 2, 2021-2030
Table 19: Asia Pacific 1-Decene Market Revenue (USD Billion) Forecast, by Segment 3, 2021-2030
Table 20: Asia Pacific 1-Decene Market Revenue (USD Billion) Forecast, by Country, 2021-2030
Table 21: Middle East & Africa 1-Decene Market Revenue (USD Billion) Forecast, by Segment 1, 2021-2030
Table 22: Middle East & Africa 1-Decene Market Revenue (USD Billion) Forecast, by Segment 2, 2021-2030
Table 23: Middle East & Africa 1-Decene Market Revenue (USD Billion) Forecast, by Segment 3, 2021-2030
Table 24: Middle East & Africa 1-Decene Market Revenue (USD Billion) Forecast, by Country, 2021-2030
Research Process
Data Library Research are conducted by industry experts who offer insight on
industry structure, market segmentations technology assessment and competitive landscape (CL), and penetration, as well as on emerging trends. Their analysis is based on primary interviews (~ 80%) and secondary research (~ 20%) as well as years of professional expertise in their respective industries. Adding to this, by analysing historical trends and current market positions, our analysts predict where the market will be headed for the next five years. Furthermore, the varying trends of segment & categories geographically presented are also studied and the estimated based on the primary & secondary research.
In this particular report from the supply side Data Library Research has conducted primary surveys (interviews) with the key level executives (VP, CEO’s, Marketing Director, Business Development Manager
and SOFT) of the companies that active & prominent as well as the midsized organization
FIGURE 1: DLR RESEARH PROCESS
Primary Research
Extensive primary research was conducted to gain a deeper insight of the market and industry performance. The analysis is based on both primary and secondary research as well as years of professional expertise in the respective industries.
In addition to analysing current and historical trends, our analysts predict where the market is headed over the next five years.
It varies by segment for these categories geographically presented in the list of market tables. Speaking about this particular report we have conducted primary surveys (interviews) with the key level executives (VP, CEO’s, Marketing Director, Business Development Manager and many more) of the major players active in the market.
Secondary Research
Secondary research was mainly used to collect and identify information useful for the extensive, technical, market-oriented, and Friend’s study of the Global Extra Neutral Alcohol. It was also used to obtain key information about major players, market classification and segmentation according to the industry trends, geographical markets, and developments related to the market and technology perspectives. For this study, analysts have gathered information from various credible sources, such as annual reports, sec filings, journals, white papers, SOFT presentations, and company web sites.
Market Size Estimation
Both, top-down and bottom-up approaches were used to estimate and validate the size of the Global market and to estimate the size of various other dependent submarkets in the overall Extra Neutral Alcohol. The key players in the market were identified through secondary research and their market contributions in the respective geographies were determined through primary and secondary research.
Forecast Model