1-Decene Market Size (2024 - 2029)

The 1-decene market is projected to experience growth driven by rising demand in the surfactants segment as a chemical intermediate. Despite potential setbacks from the COVID-19 pandemic, the market's expansion is supported by the increasing applications of polyalphaolefin across various sectors. The Asia-Pacific region is anticipated to dominate the market due to significant production and consumption activities.

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Market Size of 1-Decene Industry

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1-decene - market summary
Study Period 2019 - 2029
Base Year For Estimation 2023
CAGR 3.00 %
Fastest Growing Market Asia Pacific
Largest Market Asia Pacific
Market Concentration Medium

Major Players

1-Decene Market Major Players

*Disclaimer: Major Players sorted in no particular order

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1-Decene Market Analysis

The market for 1-decene is expected to grow at a CAGR of over 3% during the forecast period. The major factor driving the growth of the 1-decene market is the increasing demand from the surfactants segment as a chemical intermediate. On the flip-side, unfavorable conditions arising due to the sudden outbreak of COVID-19 is anticipated to foil the growth of the market studied.

  • Polyalphaolefin is expected to remain largest due to its increasing applications from the various sectors during the period of forecast.
  • Asia-Pacific is expected to be the largest market due to the large-scale production and consumption of the 1-decene products in the region.

1-Decene Industry Segmentation

The 1-Decene Market report includes:

Derivative
Polyalphaolefins
Oxo Alcohols
Linear Alkyl Benzene
Linear Mercaptans
Chlorinated Alpha Olefins
Others
Application
Surfactants
Plasticizers
Synthetic Lubricants
Polyethylene
Others
Geography
Asia-Pacific
China
India
Japan
South Korea
Rest of Asia-Pacific
North America
United States
Canada
Mexico
Europe
Germany
United Kingdom
France
Italy
Rest of Europe
South America
Brazil
Argentina
Rest of South America
Middle-East and Africa
Saudi Arabia
South Africa
Rest of Middle-East and Africa
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1-Decene Market Size Summary

The 1-decene market is poised for growth, driven primarily by its increasing demand as a chemical intermediate in the surfactants segment. This growth trajectory is supported by the expanding applications of polyalphaolefins, which are derived from 1-decene and widely used in the automotive and manufacturing sectors as synthetic lubricants. Despite the positive outlook, the market faces challenges due to the lingering effects of the COVID-19 pandemic, which have introduced unfavorable conditions. The Asia-Pacific region is anticipated to be the largest market, benefiting from substantial production and consumption of 1-decene products, further bolstered by the region's robust demand for polyethylene and detergent alcohols.

The market landscape for 1-decene is characterized by a consolidated structure, with key players such as SABIC, SEA-LAND CHEMICAL COMPANY, PJSC Nizhnekamskneftekhim, Royal Dutch Shell, and Exxon Mobil Corporation dominating the scene. The Asia-Pacific region's prominence is underscored by its significant contribution to the global market, particularly in the synthetic lubricants and dishwashing detergents sectors. The region's demand for 1-decene is expected to drive market growth, supported by its extensive industrial applications and the increasing need for high-performance lubricants and surfactants.

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1-Decene Market Size - Table of Contents

  1. 1. MARKET DYNAMICS

    1. 1.1 Drivers

      1. 1.1.1 Increasing Demand from Industrial Surfactants as a Chemical Intermediate

      2. 1.1.2 Rising Demand for Polyalphaolefin

    2. 1.2 Restraints

      1. 1.2.1 Outbreak of Covid-19

      2. 1.2.2 Other Restraints

    3. 1.3 Industry Value Chain Analysis

    4. 1.4 Porter's Five Forces Analysis

      1. 1.4.1 Threat of New Entrants

      2. 1.4.2 Bargaining Power of Buyers

      3. 1.4.3 Bargaining Power of Suppliers

      4. 1.4.4 Threat of Substitute Products

      5. 1.4.5 Degree of Competition

  2. 2. MARKET SEGMENTATION

    1. 2.1 Derivative

      1. 2.1.1 Polyalphaolefins

      2. 2.1.2 Oxo Alcohols

      3. 2.1.3 Linear Alkyl Benzene

      4. 2.1.4 Linear Mercaptans

      5. 2.1.5 Chlorinated Alpha Olefins

      6. 2.1.6 Others

    2. 2.2 Application

      1. 2.2.1 Surfactants

      2. 2.2.2 Plasticizers

      3. 2.2.3 Synthetic Lubricants

      4. 2.2.4 Polyethylene

      5. 2.2.5 Others

    3. 2.3 Geography

      1. 2.3.1 Asia-Pacific

        1. 2.3.1.1 China

        2. 2.3.1.2 India

        3. 2.3.1.3 Japan

        4. 2.3.1.4 South Korea

        5. 2.3.1.5 Rest of Asia-Pacific

      2. 2.3.2 North America

        1. 2.3.2.1 United States

        2. 2.3.2.2 Canada

        3. 2.3.2.3 Mexico

      3. 2.3.3 Europe

        1. 2.3.3.1 Germany

        2. 2.3.3.2 United Kingdom

        3. 2.3.3.3 France

        4. 2.3.3.4 Italy

        5. 2.3.3.5 Rest of Europe

      4. 2.3.4 South America

        1. 2.3.4.1 Brazil

        2. 2.3.4.2 Argentina

        3. 2.3.4.3 Rest of South America

      5. 2.3.5 Middle-East and Africa

        1. 2.3.5.1 Saudi Arabia

        2. 2.3.5.2 South Africa

        3. 2.3.5.3 Rest of Middle-East and Africa

1-Decene Market Size FAQs

The 1-Decene Market is projected to register a CAGR of greater than 3% during the forecast period (2024-2029)

SABIC, SEA-LAND CHEMICAL COMPANY, PJSC Nizhnekamskneftekhim, Royal Dutch Shell and Exxon Mobil Corporation are the major companies operating in the 1-Decene Market.

1-Decene Report Snapshots

1-Decene Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)