USD 6.2 billion
1-Decene Market Size, Share, Growth Analysis, By Type(Polyalphaolefins (PAO), Oxo alcohols, Linear alkyne benzene, Linear mercaptans), By Application(Polyethylene, Synthetic lubricants, Detergent alcohols, Plasticizers), By Region - Industry Forecast 2024-2031
Report ID:
SQMIG15E2246 |
Region:
Global |
Published Date: February, 2024
Pages:
157
|Tables:
68
|Figures:
75
1-Decene Market Insights
1-Decene Market size was valued at USD 6.2 billion in 2021 and is poised to grow from USD 6.5 billion in 2022 to USD 10.3 billion by 2030, growing at a CAGR of 5.8% in the forecast period (2023-2030).
The growth of the market is attributed to the increasing demand for 1-decent in various end-use industries, such as the automotive, industrial, and consumer goods industries. The automotive industry is a major driver of the 1-decene market. 1-Decene is used in the production of PAO-based synthetic lubricants, which are used in a variety of automotive applications, such as engine oils, transmission fluids, and gear lubricants. The increasing demand for fuel-efficient and high-performance vehicles is expected to drive the growth of the 1-decene market in the automotive industry. The industrial sector is another major driver of the 1-decene market. 1-Decene is used in the production of a variety of industrial products, such as plasticizers, detergent alcohols, and epoxides. The growing demand for these products in various industrial applications is expected to drive the growth of the 1-decene market in the industrial sector. The consumer goods industry is also a major driver of the 1-decene market. 1-Decene is used in the production of a variety of consumer goods, such as cosmetics, personal care products, and household cleaners. The growing demand for these products in various consumer applications is expected to drive the growth of the 1-decene market in the consumer goods industry. The 1-decene market is segmented by derivative, application, and geography. By derivative, the market is segmented into PAO, oxo alcohols, linear alkyne benzene, linear mercaptans, chlorinated alpha olefins, and others. The PAO segment is projected to be the largest segment during the forecast period, due to the increasing demand for PAO-based synthetic lubricants in the automotive, industrial, and consumer goods industries.
US 1-Decene Market is poised to grow at a sustainable CAGR for the next forecast year.
Market Snapshot - 2024-2031
Global Market Size
Largest Segment
Polyalphaolefins
Fastest Growth
Polyalphaolefins
Growth Rate
5.8% CAGR
Global 1 - Decene By Country ($ Bn)
Country Share for North America Region (%)
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1-Decene Market Segmental Analysis
The Global 1-Decene Market is segmented by type, application, and region. Based on type, the market can be segmented into Polyalphaolefins (PAO), Oxo alcohols, Linear alkyne benzene, Linear mercaptans, Chlorinated alpha olefins and Others. Based on application, the market is segmented into Polyethylene, Synthetic lubricants, Detergent alcohols, Plasticizers and Others. Based on region, the market is segmented into North America, Europe, Asia Pacific, Middle East and Africa, and Latin America.
Global 1 - Decene By Type
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1-Decene Market Regional Insights
North America is the dominant region for the global 1-decene market, accounting for the largest share of the market. This is due to the presence of a large number of end-use industries in the region, such as the automotive, industrial, and consumer goods industries. The US is the largest market for 1-decent in North America, followed by Canada and Mexico.
Asia Pacific is the fastest-growing region for the global 1-decene market, this is due to the growing demand for 1-decene in the automotive, industrial, and consumer goods industries in the region. China is the largest market for 1-decent in Asia Pacific, followed by India and Japan.
Global 1 - Decene By Geography
- Largest
- Fastest
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1-Decene Market Dynamics
1-Decene Drivers
Growing Demand for Plasticizers
- The Global Market for 1-Decene is witnessing significant growth due to the rising demand for plasticizers across various industries including automotive, construction, and packaging. Plasticizers play a crucial role in enhancing the flexibility, durability, and transparency of plastics. The increased adoption of plastics in diverse applications has resulted in a surge in the demand for plasticizers, consequently driving the demand for 1-decene.
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1-Decene Market Competitive Landscape
Companies operating in the 1-Decene market strive to gain a competitive edge through extensive research and development activities. They focus on enhancing the properties, such as particle size control, stability, and functionalization, to meet the specific requirements of end-users. Moreover, technological advancements enable companies to develop new and improved products, fostering competition and driving market growth.
1-Decene Top Player’s Company Profiles
- Huntsman (US)
- Ineos (UK)
- JXTG Nippon Oil & Energy (Japan)
- Lanxess (Germany)
- Lubrizol (US)
- Mitsui Chemicals (Japan)
- Nippon Shokubai (Japan)
- Oxea (Germany)
- PETRONAS (Malaysia)
- SABIC (Saudi Arabia)
- Solvay (Belgium)
- Stepan (US)
- The Chemours Company (US)
- TotalEnergies (France)
- Vinmar (India)
- Wacker Chemie (Germany)
- Yantai Petrochemical (China)
1-Decene Key Market Trends
- The growth of the market is being driven by the increasing demand for 1-decent in various end-use industries, such as the automotive, industrial, and consumer goods industries. The rising demand for PAO-based synthetic lubricants in the automotive, industrial, and consumer goods industries is one of the key trends driving the growth of the global 1-decene market. Other key trends include the growing demand for plasticizers in a variety of end-use industries, such as the automotive, construction, and packaging industries, and the increasing demand for 1-decene in the production of epoxides, oxo alcohols, and linear alkyne benzene.
1-Decene Market SkyQuest Analysis
SkyQuest’s ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Correlates, and Analyses the Data collected by means of Primary Exploratory Research backed by robust Secondary Desk research.
According to the Global 1-Decene analysis, the increasing demand for polyethylene and synthetic lubricants are major applications of 1-decene. The expanding automotive and industrial sectors, coupled with rising disposable incomes in emerging economies, are driving the demand for these end-use products. Additionally, the report highlights the growing need for specialty chemicals and the shifting focus toward renewable and sustainable solutions, which contribute to the market's growth.
| Report Metric | Details |
|---|---|
| Market size value in 2023 | USD 6.2 billion |
| Market size value in 2031 | USD 10.3 billion |
| Growth Rate | 5.8% |
| Forecast period | 2024-2031 |
| Forecast Unit (Value) | USD Billion |
| Segments covered |
|
| Regions covered | North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA) |
| Companies covered |
|
| Customization scope | Free report customization with purchase. Customization includes:-
|
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Table Of Content
Executive Summary
Market overview
- Exhibit: Executive Summary – Chart on Market Overview
- Exhibit: Executive Summary – Data Table on Market Overview
- Exhibit: Executive Summary – Chart on 1-Decene Market Characteristics
- Exhibit: Executive Summary – Chart on Market by Geography
- Exhibit: Executive Summary – Chart on Market Segmentation
- Exhibit: Executive Summary – Chart on Incremental Growth
- Exhibit: Executive Summary – Data Table on Incremental Growth
- Exhibit: Executive Summary – Chart on Vendor Market Positioning
Parent Market Analysis
Market overview
Market size
- Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
- Drivers
- Opportunities
- Restraints
- Challenges
- Exhibit: Impact analysis of DROC, 2021
- SWOT Analysis
KEY MARKET INSIGHTS
- Technology Analysis
- (Exhibit: Data Table: Name of technology and details)
- Pricing Analysis
- (Exhibit: Data Table: Name of technology and pricing details)
- Supply Chain Analysis
- (Exhibit: Detailed Supply Chain Presentation)
- Value Chain Analysis
- (Exhibit: Detailed Value Chain Presentation)
- Ecosystem Of the Market
- Exhibit: Parent Market Ecosystem Market Analysis
- Exhibit: Market Characteristics of Parent Market
- IP Analysis
- (Exhibit: Data Table: Name of product/technology, patents filed, inventor/company name, acquiring firm)
- Trade Analysis
- (Exhibit: Data Table: Import and Export data details)
- Startup Analysis
- (Exhibit: Data Table: Emerging startups details)
- Raw Material Analysis
- (Exhibit: Data Table: Mapping of key raw materials)
- Innovation Matrix
- (Exhibit: Positioning Matrix: Mapping of new and existing technologies)
- Pipeline product Analysis
- (Exhibit: Data Table: Name of companies and pipeline products, regional mapping)
- Macroeconomic Indicators
COVID IMPACT
- Introduction
- Impact On Economy—scenario Assessment
- Exhibit: Data on GDP - Year-over-year growth 2016-2022 (%)
- Revised Market Size
- Exhibit: Data Table on 1-Decene Market size and forecast 2021-2027 ($ million)
- Impact Of COVID On Key Segments
- Exhibit: Data Table on Segment Market size and forecast 2021-2027 ($ million)
- COVID Strategies By Company
- Exhibit: Analysis on key strategies adopted by companies
MARKET DYNAMICS & OUTLOOK
- Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
- Drivers
- Opportunities
- Restraints
- Challenges
- Exhibit: Impact analysis of DROC, 2021
- Regulatory Landscape
- Exhibit: Data Table on regulation from different region
- SWOT Analysis
- Porters Analysis
- Competitive rivalry
- Exhibit: Competitive rivalry Impact of key factors, 2021
- Threat of substitute products
- Exhibit: Threat of Substitute Products Impact of key factors, 2021
- Bargaining power of buyers
- Exhibit: buyers bargaining power Impact of key factors, 2021
- Threat of new entrants
- Exhibit: Threat of new entrants Impact of key factors, 2021
- Bargaining power of suppliers
- Exhibit: Threat of suppliers bargaining power Impact of key factors, 2021
- Competitive rivalry
- Skyquest special insights on future disruptions
- Political Impact
- Economic impact
- Social Impact
- Technical Impact
- Environmental Impact
- Legal Impact
Market Size by Region
- Chart on Market share by geography 2021-2027 (%)
- Data Table on Market share by geography 2021-2027(%)
- North America
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- USA
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Canada
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Europe
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- Germany
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Spain
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- France
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- UK
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of Europe
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Asia Pacific
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- China
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- India
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Japan
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- South Korea
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of Asia Pacific
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Latin America
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- Brazil
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of South America
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Middle East & Africa (MEA)
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- GCC Countries
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- South Africa
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of MEA
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
KEY COMPANY PROFILES
- Competitive Landscape
- Total number of companies covered
- Exhibit: companies covered in the report, 2021
- Top companies market positioning
- Exhibit: company positioning matrix, 2021
- Top companies market Share
- Exhibit: Pie chart analysis on company market share, 2021(%)
- Total number of companies covered
Methodology
For the 1-Decene Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:
1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.
2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the 1-Decene Market.
3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.
4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.
Analyst Support
Customization Options
With the given market data, our dedicated team of analysts can offer you the following customization options are available for the 1-Decene Market:
Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.
Regional Analysis: Further analysis of the 1-Decene Market for additional countries.
Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.
Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.
Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.
Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.
Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.
Social Media Listening: To analyze the conversations and trends happening not just around your brand, but around your industry as a whole, and use those insights to make better Marketing decisions.
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