Precision Business Insights has published a report on the global 1-decene market, estimating its value at USD 860.33 Million in 2024 and is expected to expand at a compound annual growth rate (CAGR) of 5.9% over the forecast period 2025-2031. The report explores the market growth and potential opportunities in the market industry. Additionally, it offers a detailed analysis of how these elements will affect market demand dynamics and market performance throughout the forecast period.
View the detailed report description here - https://www.precisionbusinessinsights.com/market-reports/1-decene-market
The 1-Decene Market focuses on the manufacturing and utilization of 1-decene, a hydrocarbon having the molecular formula C10H20. It is an alkene generated mostly via techniques such as ethylene oligomerization or catalytic cracking. This compound is a major raw ingredient for the manufacture of synthetic lubricants, polyethylene, surfactants, plasticizers, and detergents. Its flexibility makes it useful in a variety of sectors, including automotive, cosmetics, food and beverage, and pharmaceutical.
Drivers:
Rising Demand for Synthetic Lubricants: Polyalphaolefins (PAOs), derived from 1-Decene, are widely used in synthetic lubricants, especially in the automotive industry.
Growth in the Automotive Sector: Increasing vehicle production and ownership, particularly in developing countries, is boosting demand for lubricants and other 1-Decene derivatives.
The global 1-decene market segmentation:
1) By Derivative: Polyalphaolefins, Oxo Alcohols, Linear Alkyl Benzene, Linear Mercaptans, Chlorinated Alpha Olefins, and Others
2) By Method of Production: Catalytic Cracking, Oligomerization of Ethylene, and Others
3) By Application: Surfactants, Plasticizers, Synthetic Lubricants, Polyethylene, and Others
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Regional Overview:
The report also examines the current concerns and their Future Effects on the 1-decene market by the region. The report covers all regions and countries, North America was the largest and Asia was the fastest-growing region in the 1-decene market. The market has been segmented into numerous primary regions and a detailed evanluation of primary countries.
North America (U.S., Canada)
Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)
Asia-Pacific (China, India, Japan, Australia, Southeast Asia, Rest of Asia Pacific)
Latin America (Mexico, Brazil, Argentina, Columbia, Rest of Latin America)
Middle East & Africa (GCC, Egypt, Nigeria, South Africa, Rest of Middle East and Africa)
The competitive landscape is dominated by major players like Otto Chemie Pvt. Ltd., Dowpol Chemical International Corp., Hubei jusheng technology co., ltd., Imkemex Marketing Private Limited, National Analytical Corporation, SIELC Technologies, Ningbo Inno Pharmchem Co. Ltd., GM Chemical Co., Ltd., Royal Dutch Shell, INEOS, Chevron Phillips Chemical Company LLC, SABIC, Exxon Mobil Corporation, Qatar Chemical Company II Ltd, Idemitsu Kosan Co., Ltd., Alfa Aesar, Merck Group, Toronto Chemical Industry Company Limited, Spectrum Chemical Mfg. Corp., Agene Chemicals, Gelest Inc.
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