Stratview Research announces the launch of a new market research report on the Linear Alpha Olefins Market by Product Type (1-Butene, 1-Hexene, 1-Octene, 1-Decene, 1-Dodecene, 1-Tetradecene, 1-Hexadecene, 1-Octadecene, and Others), by Application Type (LLDPE, HDPE, Poly Alpha Olefins, Detergent Alcohols, Oil Field Chemicals, Lubricants, Plasticizers, and Others), and by Region (North America, Europe, Asia-Pacific, and Rest of the World).
This strategic assessment report, from Stratview Research, provides a wide-ranging analysis that throws light on the present Linear Alpha Olefins Market realities and future market possibilities for the forecast period of 5 years. The report has been segmented in a way to provide a complete and accurate view of the market. The vital data/information provided in the report can help market participants and investors recognise low-hanging fruit in the market and develop growth strategies.
Scope of the Linear alpha olefins market:
The regional and national analysis segment examines the Linear alpha olefins industry minutely. The report also compares the size of the market in each landscape, and historical and projected growth in the market. It evaluates the aftereffects of the Covid-19 pandemic and its recovery path for all geographies, advanced economies, and transition economies.
The segment on developments and strategies examines how the Linear alpha olefins Market is recovering from the global crisis and suggests ways for businesses to grow as the economy recovers.
Market Highlights
The report primarily highlights the essential details of the sector based on the basic diagram of the Linear alpha olefins Market network structure, and depicts competitive landscape, market expansion, manufacturing, generating cost structure, growth strategies, planning processes, and development.
Linear Alpha Olefins Market is likely to witness an impressive CAGR of 5.5% during the forecast period. Major factors such as rapid growth of consumer goods and growing automotive industry coupled with increasing per capita income is expected to accelerate the growth of the market over the forecast period.
Here are the key-players: –
- Chevron Phillips Chemical Company
- Evonik Industries
- Exxon Mobil Corporation
- Idemitsu Kosan Co. Ltd.
- INEOS Oligomers
- Nizhnekamskneftekhim
- Qatar Chemical Company Ltd.
- Royal Dutch Shell plc
- SABIC
- Sasol Ltd.
Segment Analysis
Based on the product type, the market is segmented as 1-butene, 1-hexene, 1-octene, 1-decene, 1-dodecene, 1-tetradecene, 1-hexadecene, 1-octadecene, and others. The 1-butene segment is estimated to register high growth in the market on account of its wide range of application scope in manufacturing commodity polymers and extensive utilization in flexible packaging and automotive industries. On the other hand, 1-decene is estimated to account for the major share of the market owing to its utilization in production of synthetic lubricants.
Based on the application type, the market is segmented as LLDPE, HDPE, poly alpha olefins, detergent alcohols, oil field chemicals, lubricants, plasticizers, and others. LLDPE is estimated to account for the largest share of the market during the forecast period owing to its extensive utilization in polymer industry. Further, oil field chemicals are estimated to witness significant growth in the market over the forecast period on account of increasing energy demand along with technological enhancements in shale oil & gas extraction and drilling in the U.S.
In terms of regions, Europe is estimated to register high growth rate in the market on account of the presence of major automobile manufacturers and stringent emission control regulations made by the government agencies in the region with Germany being the major country with lucrative growth opportunities in the regional market. On the other hand, Asia-Pacific is estimated to account for a significant share of the market on account of increasing adoption of synthetic lubricants in automobile applications.
Why should one invest in the Linear alpha olefins Market report?
– Analyze how the coronavirus is affecting the industry
– How it is likely to arise and develop when the virus’s effect fades?
– Recognize investment options in growth areas.
– Outdo competitions by utilising future projections as well as growth drivers and patterns.
– Most recent market research data is provided that can help users gain a better understanding of the target audience.
– Clear comparison with the market competitors.
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