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The global 1-decene market is expected to reach USD 1.45 Billion by 2026, according to a new report by Reports and Data.
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Market Summary The global 1-decene marketis expected to reach USD 1.45 Billion by 2026, according to a new report by Reports and Data. Increasing demand for poly alpha olefins is one of the major factors estimated to stimulate market demand. Stringent regulatory norms in the food & beverage and cosmetic industries, as well as growing environmental concerns in automotive industries, have led to an increased demand for synthetic lubricants, which in turn, would be instrumental in driving market growth during the forecast period. 1-decene is used as a chemical intermediate in the manufacturing of detergents and their derivatives, which finds application in the production of industrial surfactants. The increase in demand for surfactants from end-user industries is causative of a rise in the demand for 1-decene. • Further key findings from the report suggest: • By grade, the synthetic 1-decene market dominated the market in 2018 and is expected to grow at a rate of 3.9% in the forecast period. The market dominance of this grade is owing to the low price and easy availability of the product for use in end-user industries. • By application, poly alpha olefins contributed to the largest market share in 2018 and are likely to witness a growth rate of 3.8% in the forecast period. Poly alpha olefin is the most synthetic base oil used in automotive and industrial lubricants. PAOs find extensive application in automotive fluids along with hydraulic, bearing, and gear oils, working in extreme conditions. Also, these are deployed as base fluids in some wide temperature range greases.
Market Summary Key Players: Royal Dutch Shell, Chevron Phillips Chemical Company, SABIC, Sasol Limited, ExxonMobil Corporation, Ineos Group Limited, Qatar Chemical Company, Idemitsu Petrochemical Company, Sigma-Aldrich, and Alfa Aesar, among others Segmentation: Grade Outlook (Volume, Kilo Tons; 2016-2026 and Revenue, USD Million; 2016-2026) Bio-Based Synthetic Application Outlook (Volume, Kilo Tons; 2016-2026 and Revenue, USD Million; 2016-2026) Polyethylene Poly Alpha Olefins Detergent Alcohols Others Fill in your details to get your hands on an Exclusive Sample of this Report @ https://www.reportsanddata.com/sample-enquiry-form/1996
Market Summary Regional Outlook for Industrial FiltersMarket analyses the following geographies: North America (United States, Canada, and Mexico) Europe (Germany, France, UK, Russia, and Italy) Asia-Pacific (China, Japan, Korea, India, and Southeast Asia) South America (Brazil, Argentina, Colombia, etc.) Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa) Avail this report at Attractive Discount rates! Click here to know more @ https://www.reportsanddata.com/discount-enquiry-form/1996
Major highlights of the report: • An all-inclusive evaluation of the parent market • The evolution of significant market aspects • Industry-wide investigation of market segments • Assessment of the market value and volume in the past, present and forecast years • Market share evaluation • Study of niche industrial sectors • Tactical approaches of the market leaders • Lucrative strategies to help companies strengthen their position in the market
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