Alpha Olefin Market Size, Share & Trends Analysis Report By Product By Application And Segment Forecasts, 2019 – 2025: Radiant Insights

Posted on 2019-04-12 by researchinsights in Chemicals, Marketing // 0 Comments

CITY, Country, 2019-Apr-12 — /EPR Network/ — The global alpha olefin market size is projected to reach USD 11.5 billion by 2025, according to a new report by Grand View Research, Inc., exhibiting a 4.8% CAGR during the forecast period. Increasing demand for polyethylene and synthetic lubricants is driving demand for these products. Increasing polyethylene demand from various end-use industries is expected to remain a key driving factor for the global market. Surge in demand can be attributed to its easy processability, versatility, recyclability, and low cost of production. Growing population and increasing consumer spending, coupled with increasing industrial output in emerging markets of China, India, Brazil, and Mexico, have fueled polyethylene consumption.

Growing demand for polyalphasolefin in synthetic lubricants, because of its ability to protect engines from wear and tear damages, is also expected to fuel market growth over the forecast period. Synthetic lubricants exhibit high demand owing to increasing usage in industrial, automotive, marine, and aerospace industries. These lubricants are gaining wide acceptance due to its benefits such as reduction in oil consumption and increased thermal stability. Increasing oilfield activities and petrochemical production in Middle East have propelled ethylene production, thereby assisting the growth of the alpha olefin market in the region. Major manufacturers are also aiming to shift their production base in MEA, owing to the abundant availability of raw material.

Request a Free Sample Copy of Alpha Olefin Market Report @ https://www.radiantinsights.com/research/alpha-olefins-market/request-sample

Further key findings from the report suggest:

By product, the 1-Hexene segment is anticipated to exhibit a revenue-based CAGR of 5.8% from 2019 to 2025. It is used in large quantities in the production of polyethylene, which is used in various end-use industries such as packaging, consumer goods, and automotive
By application, polyethylene production dominated the market in terms of revenue, with a share of over 53.0% in 2018 owing to growing need for lightweight, durable plastics. Infrastructural development in emerging countries such as China, India, and Brazil has boosted demand for high-density polyethylene (HDPE) pipes and cables
The U.S. alpha olefin market is anticipated to exceed 1,541 kilotons by 2025, owing to abundant availability of raw material, which has spurred industrialization in the country
Industry participants are focusing on developing new and sustainable products, along with various R&D activities to fulfill the demand stemming from local markets
Some of the key industry participants are Chevron Phillips Chemical Company LLC, Dow Chemical Co., ExxonMobil Corporation, and Petrochemicals (Malaysia) Sdn. Bhd.

Browse the Full Global Alpha Olefin Market- Global Scenario, Industry Outlook, Analysis, Size, Trends and Forecast, 2019 To 2025 Report at – https://www.radiantinsights.com/research/alpha-olefins-market

Table of Contents

Chapter 1 Methodology and Scope
1.1 Research methodology
1.2 Research scope and assumptions
1.3 List of data sources

Chapter 2 Executive Summary
2.1 Market Snapshot
2.2 Alpha olefin- Industry snapshot and demand analysis

Chapter 3 Market Variables, Trends & Scope
3.1. Market Lineage Outlook
3.1.1. Global Petrochemicals Market Outlook
3.1.2. Global Alpha Olefin Market Outlook
3.2. Penetration & Growth Prospect Mapping
3.3. Industry Value Chain Analysis
3.3.1. Raw Material Trends
3.3.2. Manufacturing Trends
3.3.2.1. Technology Trends
3.3.2.2. Outsourcing & Contract Manufacturing Trends
3.3.2.3. Cost Structure Analysis
3.3.3. Sales Channel Analysis
3.3.4. Vendor Selection Criteria Analysis
3.3.5. Profit Margin Analysis
3.3.6. Price Trend Analysis
3.4. Technology Overview
3.5. Regulatory Framework
3.5.1. Product Classification Codes
3.5.2. Standard & Compliances
3.5.3. Safety
3.6. Market Dynamics
3.6.1. Market Driver Analysis
3.6.2. Market Restraint Analysis
3.6.3. Industry Challenges
3.7. Trade Analysis
3.7.1. Trade Balance Assessment, by country/region
3.7.2. Net Importers, key Country Analysis (USD Million)
3.7.3. Net Exporters, Key Country Analysis (USD Million)

Read More Reports of this Category by Radiant Insights

Polyacrylic Acid Fiber Market – https://www.radiantinsights.com/research/global-polyacrylic-acid-fiber-market-research-report-2019
Nanometre Ammonium Octamolybdate Market – https://www.radiantinsights.com/research/global-nanometre-ammonium-octamolybdate-market-research-report-2019

About Radiant Insights, Inc

Radiant Insights is a market research and consulting company offering syndicated research studies, customized reports, and consulting services. Our market research studies are designed to facilitate strategic decision making, on the basis of extensive and in-depth quantitative information, supported by extensive analysis and industry insights. Using a patented and robust research methodology, we publish exhaustive research reports covering a host of industries such as Technology, Chemicals, Materials, and Energy. Radiant Insights has a strong base of analysts, consultants and domain experts, with global experience helping us deliver excellence in all research projects we undertake.

Matched content

Editor’s pick