Global Olefin Market to Reach USD 19.8 Billion by 2024

Posted on 2018-08-31 by Goldstein Research in Chemicals // 0 Comments

New York, USA, 2018-Aug-31 — /EPR Network/ —According to Goldstein Research, global olefin market is expected to reach USD 19.8 billion by the end of 2024 from USD 14.5 billion in 2016, growing at a CAGR of 4.8%. The growth of the packaging industry and allied industries are driving the demand for olefin derivatives, used in the manufacturing of superior quality packages especially for the food and beverage industry and consumer goods industry. Global Olefin market segmentation has been done on the basis of product type, application and geography. Olefin are regarded as stain repellant and has high tensile strength, which is best applicable in manufacturing synthetic acids, detergent intermediates, polymers and lubricants. Global Olefin market is majorly dominated by North America acquiring 36% share of total production.

North America is followed by Asia-Pacific on account of huge development activities requiring the application of olefin. Europe olefin market growth rate is expected to slow down on the back of adoption of sustainability in every aspect.

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Market Segmentation

On the basis of our in-depth analysis, Global Olefin Market can be segmented as follows:

By Product Type

1-Butene
1-Hexane
1-Octene
1-Decene
1-Dodecene
Others (Tetradecene etc.)

By Applications

Polyethylene
Detergent Alcohol
Synthetic Lubricants
Plasticizers
Cosmetics
Adhesives
Others (Waxes etc.)

By Region

North America Olefin Market Analysis, 2016-2024
Europe Olefin Market Analysis, 2016-2024
Middle East And Africa Olefin Market Analysis, 2016-2024
Latin America Olefin Market Analysis, 2016-2024
Asia Pacific Olefin Market Analysis, 2016-2024
Rest Of The World Olefin Market Analysis, 2016-2024

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“Global Olefin Market Outlook 2024” contains a detailed overview of the global olefin market. On the basis of our in-depth analysis, the market can be segmented in terms of market segmentation by product type, application, and geography.

The Global Olefin Market Report highlights the competitive outlook of major global players that includes the business strategies, product portfolio, revenue distribution, financial analysis, R&D activities and investments. The in-depth analysis of olefin market report will help the clients to assess their business strategies as per the competitive environment in the market space.

Major players of the global olefin market discussed in the report are Shell Chemicals Ltd., ONGC, The Dow Chemical Company, Chevron Phillips Chemical Company, Sasol, INEOS, The Linde Group, Qatar Chemical Company Ltd., Idemitsu Petrochemicals, Sinopec Beijing Yanhua, ExxonMobil, SABIC, Mitsubishi Chemicals, etc.

Further, Global Olefin Market Report encompasses the major trends & growth opportunities, market dynamics, and other growth factors. The Olefin Market outlook also comprises of key challenges for the market players, risk analysis, SWOT Analysis, BPS analysis and Market Attractiveness. The report also includes the expert analysis which provides a complete overview of the market post analysis of the economic, political, environmental & social factors of each region and country.

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Market Segmentation

By Product Type

By Applications

By Region

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