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The global 1-Decene market is estimated to grow in the forecast period of 2024-2032 at a CAGR of 4.3% to reach a valuation of about USD 1.73 billion by 2032.
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North America is holding a significant share in the 1-Decene market on account of the growing shale gas exploration in the region coupled with the increasing production of Polyalphaolefins (PAO). For example, ExxonMobil Chemical is one of the largest chemical companies worldwide. It has witnessed the largest production capacity of polyalphaolefins worldwide over the past few years and is expected to fuel the market growth of 1-Decene across North America.
The rising demand from the automotive industry along with the increasing awareness about environment-friendly products are likely to propel the market growth of 1-Decene in the North American region. Meanwhile, the Asia Pacific is likely to be a substantial market over the forecast period. This is on account of the rising dishwashing and detergents industry as detergent alcohols and their dependents are major raw materials used as surfactants in clothing and dishwashing applications.
1-Decene is a decane alkene with one double bond at position 1, and acts as a metabolite. It is an unsaturated hydrocarbon, with the chemical formula C10H20. It includes a chain of 10 carbon atoms with one double bond. It is a colourless liquid with a watery consistency and a generally pleasant odour.
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By derivative, the 1-Decene market is divided into:
The EMR report looks into the regional markets of 1-Decene like Latin America, North America, Europe, the Asia Pacific, and the Middle East and Africa.
Based on derivatives, the polyalphaolefins segment is expected to fuel market growth over the coming years on account of high usage of 1-Decene in the automotive and manufacturing sectors. The rising consumption of 1-Decene as transmission oil, compressor oil, gear oil, and lube-oil added substance is likely to drive the growth of the polyalphaolefins segment in the market.
Moreover, 1-Decene is generally used as a raw material in the PAO industry to produce high-performance lubricants utilised in the oil & gas industry. Accordingly, this segment is expected to fuel the market growth over the upcoming years. The surging demand for surfactants as a chemical intermediate is further anticipated to drive the market demand for 1-Decene during the forecast period.
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The report presents a detailed analysis of the following key players in the global 1-Decene market, looking into their capacity, market shares, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:
The comprehensive report looks into the macro and micro aspects of the market. The EMR report gives an in-depth insight into the market by providing a SWOT analysis as well as an analysis of Porter’s Five Forces model.
| REPORT FEATURES | DETAILS |
| Base Year | 2023 |
| Historical Period | 2018-2023 |
| Forecast Period | 2024-2032 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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| Breakup by Derivative |
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| Breakup by Region |
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| Market Dynamics |
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| Price Analysis |
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| Competitive Landscape |
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| Companies Covered |
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*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
Get in touch with us today for customized, data-driven solutions tailored to your unique requirements!
The global market is expected to grow at a CAGR of 4.3% between 2024 and 2032.
Over the forecast period of 2024-2032, the market is estimated to witness healthy growth, reaching a value of almost USD 1.73 billion by 2032.
The major market drivers are the growing developments in the chemical industry along with rising investments by various private companies.
The key market trends include rise in disposable incomes, growing urbanisation, and increasing shale gas exploration.
At a regional level, the major markets are North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa.
The various derivatives of 1-Decene in the market include polyalphaolefins, polyethylene, detergent alcohols, and others.
The major players in the market are Chevron Phillips Chemical Company LP, PJSC Nizhnekamskneftekhim, INEOS, SABIC, Qatar, Chemical Company Ltd, and Spectrum Chemical, among others.
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