Global 1-Decene Market by Derivative Type (Oxo Alcohols, Chlorinated Olefins, Linear Alkyne Benzenes, Polyalphaolefins, Alkyl Dimethylamine, Di-alkyl Diethylamine and Linear Mercaptans), By Application (Poly Alpha Olefin, Polyethylene and Detergent Alcohols), By Region and Companies - Industry Segment Outlook, Market Assessment, Competition Scenario, Trends and Forecast 2022-2032

1-decene Market Overview:

In 2021, the global 1-decene market was worth USD 631.8 million. It is projected to increase at a compound annual growth rate of 6.1% between 2022 and 2032.

The industry will see a rise in Insistence for synthetic lubricants due to increased volume growth by major industry participants and a focus on alpha olefins made of bio-based materials. Poly alpha olefins have seen a rise in demand due to their superior lubrication and slighter engine wear. The oligomerization and synthesis of linear alpha-olefins produce polyalphaolefin. C-10 is the preferred alpha oil for PAO production. The key driver of the 1-decene market is assumed to be the rise of PAO insistence on engine & gear oils, greases & other lubricants

Global 1-Decene Market:

Segmentation

Derivative Type Analysis:

The market can be divided based on derivatives into Oxo Alcohols, Chlorinated Olefins, Linear Alkyne Benzenes, Polyalphaolefins, Alkyl Dimethylamine, Di-alkyl Diethylamine, and Linear Mercaptans. The vast market share is held by the polyalphaolefins category.

The automotive and manufacturing industries are the main users of polyalphaolefins. They can also be utilized in the automotive &manufacturing industries as transmission oil, compressor oil, lube oil additive, and gear oil.

Application analysis:

The poly alpha olefin segment will gain popularity over the forecast period. The market has been driven by rising demand for PAO in synthetic lubricant production. This trend is assumed to continue for the forecast period. The fastest-growing segment for PAO will be the one that is expected to grow in size. The main raw materials for making surfactants in dishwashing and laundry applications are detergent alcohols and their derivatives. This segment is expected to grow at a higher rate than average over the forecast period.

Кеу Маrkеt Ѕеgmеntѕ:

By Derivative Type

• Oxo Alcohols
• Chlorinated Olefins
• Linear Alkyne Benzenes
• Polyalphaolefins
• Alkyl Dimethylamine
• Di-alkyl Diethylamine
• Linear Mercaptans

By Application

• Poly Alpha Olefin
• Polyethylene
• Detergent Alcohols

Market Dynamics:

The Shale gas boom has given new hope to petrochemical manufacturers and has driven ethylene production which is essential for 1-decene production. The availability of key raw materials in these areas is expected to also have a good impact on demands regarding products. 1-Decene can be obtained by oligomerization of ethylene.

It cannot be produced by on-purpose making procedures such as 1-hexene and 1-octene. This has resulted in a limited supply of C-10 for the production of PAO. The market is short-supplied with PAO, leaving synthetic lubricant producers no other choice than to search for alternative raw materials. Ester-dependent synthetic oils have been growing in popularity and will likely impact 1-decene’s market growth amidst the forecast period.

The global market has been sensitive to economic conditions and supply-demand. The 1-decene price is usually based on costs plus pricing method. raw materials prices play an important role. In the past ethylene, prices fluctuated, and this trend can also be seen for alpha olefins.

Regional Analysis:

North America was the dominant market, with a 37.4% share of the revenue in 2021. This is due to its vast industrial base of PAOs as well as oxo alcohols. North America’s growth is mainly due to the expansion of oil and gas infrastructure in the US, Canada, and Mexico. Because of its large natural resources, North America is considered a potential investment center for 1-Decene production. The oil & gas industry has enjoyed cost advantages due to its abundance of natural resources such as crude oil and shale gas, as well as access to oil & gas exploration and production technology.

The region’s shale gas exploration is another reason for increased demand. Some of the most prominent 1-Decene producers are located in the region, including Exxon Mobil Corporation (US), and Chevron Phillips Chemical Company LLC (US). This market will be driven by the increasing demand from the automobile industry and the growing awareness of eco-friendly products.

Key Regions and Countries covered іn thе rероrt:

• North America
  • US
  • Canada
  • Mexico
• Europe
  • Germany
  • UK
  • France
  • Italy
  • Russia
  • Spain
  • Rest of Europe
• APAC
  • China
  • Japan
  • South Korea
  • India
  • Rest of Asia-Pacific
• South America
  • Brazil
  • Argentina
  • Rest of South America
• MEA
  • GCC
  • South Africa
  • Israel
  • Rest of MEA

Market Share Analysis:

Shell Chemicals and INEOS are major players in alpha-olefin production. ExxonMobi, SASOL,Qatar Chemicals, Ottokemi, World of chemicals, chemnet are some of the other companies. The 1-decene market is dominated by a few multinational companies that have their patented technology. Shell Chemicals accounted significant growth market, with the other three largest players being Shell Chemicals and ExxonMobi.

Major industry players have demonstrated a high degree of integration in the market. It is notable that key players such as Shell Chemicals and INEOS, Chevron Phillips (SASOL), ExxonMobi, Qatar Chemicals, Ottokemi, World of chemicals, chemnet, and other key players have integrated their operations throughout the value chain, including supply and production of raw materials to end-users.

Кеу Маrkеt Рlауеrѕ:

• Shell Chemicals
• INEOS
• Chevron Phillips
• Exxonmobi
• SASOL
• Quatar Chemicals
• Ottokemi
• World of chemicals
• Chemnet
• Other Key Players

For the 1-Decene Market research study, the following years have been considered to estimate the market size: