Alpha Olefins Market by Type, Application, and Geography - Forecast and Analysis 2020-2024

  • Published: Nov 2020
  • Pages: 120
  • SKU: IRTNTR43866
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The alpha olefins market size is expected to grow by 1209.22 k MT and record a CAGR of 6% during 2020-2024.

This post-pandemic global alpha olefins market report has assessed the shift in consumer behaviour and has identified and explored the upcoming trends and drivers that the vendors can capitalize on to support prompt business decisions. In this alpha olefins market analysis report, key drivers such as increasing demand for rubber chemicals have been discussed with emerging growth regions, which will offer immense business opportunities. Our analysts have also identified challenges that will impede market growth. With these insights, the vendors can recreate their plan of action to obtain growth opportunities in the future.

What will the Alpha Olefins Market Size be in 2020?

Alpha-Olefins-Market-Market-Size-2019-2024

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Who are the Key Vendors in the Alpha Olefins Market?

The alpha olefins market forecast report provides insights on complete key vendor profiles and their business strategies to reimage themselves. The profiles include information on the production, competitive landscape, sustainability, and prospects of the leading companies including:

 

  • Akzo Nobel NV
  • Chevron Phillips Chemical Co. LLC
  • Evonik Industries AG
  • Exxon Mobil Corp.
  • Idemitsu Kosan Co. Ltd.
  • INEOS Group Holdings SA
  • Mitsubishi Chemical Holdings Corp.
  • Royal Dutch Shell Plc
  • Sasol Ltd.
  • Saudi Basic Industries Corp.

 

The alpha olefins market is fragmented and the vendors are deploying various growth strategies to compete in the market. Click here to uncover other successful business strategies deployed by the vendors.

This alpha olefins market report further entails segmentations by Type (1-Hexene, 1-Butene, 1-Octene, 1-Decene, and Others), Geography (North America, Europe, APAC, MEA, and South America), and Application (polyethylene, synthetic lubricants, plasticizers, and others). View our sample report to gather market insights on the segmentations.

To make the most of the opportunities, vendors should focus on fast-growing segments, while maintaining their positions in the slow-growing segments. Fetch actionable market insights on post COVID-19 impact on each product and service segments.

 

Which are the Key Regional Markets for Alpha Olefins Market?

Alpha-Olefins-Market-Market-Share-by-Region-2019-2024

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The report offers an up-to-date analysis of the geographical composition of the market. North America had the largest market share in the alpha olefins market in 2020, and the region will offer several growth opportunities to market vendors during the forecast period. The expansion of end-user industries will significantly influence biofuels market growth in this region. To garner further competitive intelligence and regional opportunities in store for vendors, view our sample report.

47% of the market’s growth will originate from North America during the forecast period. The US is one of the key markets for alpha olefins market in the region. This report provides estimations of the contribution of all regions to the growth of the alpha olefins market size.

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What are the Key Factors Covered in this Alpha Olefins Market Report?

  • CAGR of the market during the forecast period 2020-2024
  • Detailed information on factors that will drive alpha olefins market growth during the next five years
  • Precise estimation of the alpha olefins market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the alpha olefins market industry across North America, Europe, APAC, MEA, and South America
  • A thorough analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of alpha olefins market vendors

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Alpha Olefins Market Scope

Report Coverage

Details

Page number

120

Base year

2019

Forecast period

2020-2024

Growth momentum & CAGR

Accelerate at a CAGR of 6%

Market growth 2020-2024

1209.22 k MT

Market structure

Fragmented

YoY growth (%)

5.20

Regional analysis

North America, Europe, APAC, MEA, and South America

Performing market contribution

North America at 47%

Key consumer countries

US, Germany, China, France, and Japan

Competitive landscape

Leading companies, competitive strategies, consumer engagement scope

Companies profiled

Akzo Nobel NV, Chevron Phillips Chemical Co. LLC, Evonik Industries AG, Exxon Mobil Corp., Idemitsu Kosan Co. Ltd., INEOS Group Holdings SA, Mitsubishi Chemical Holdings Corp., Royal Dutch Shell Plc, Sasol Ltd., and Saudi Basic Industries Corp.

Market Dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, market condition analysis for forecast period,

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

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Executive Summary

    Market Landscape

    • Market ecosystem
    • Value chain analysis

    Market Sizing

    • Market definition
    • Market segment analysis
    • Market size 2019
    • Market outlook: Forecast for 2019 - 2024

    Five Forces Analysis

    • Five Forces Summary
    • Bargaining power of buyers
    • Bargaining power of suppliers
    • Threat of new entrants
    • Threat of substitutes
    • Threat of rivalry
    • Market condition

    Market Segmentation by Application

    • Market segments
    • Comparison by Application
    • Polyethylene - Market size and forecast 2019-2024
    • Synthetic lubricants - Market size and forecast 2019-2024
    • Plasticizers - Market size and forecast 2019-2024
    • Others - Market size and forecast 2019-2024
    • Market opportunity by Application

    Market Segmentation by Type

    • Market segments
    • Comparison by Type
    • 1-Hexene - Market size and forecast 2019-2024
    • 1-Butene - Market size and forecast 2019-2024
    • 1-Octene - Market size and forecast 2019-2024
    • 1-Decene - Market size and forecast 2019-2024
    • Others - Market size and forecast 2019-2024
    • Market opportunity by Type

    Customer landscape

      Geographic Landscape

      • Geographic segmentation
      • Geographic comparison
      • North America - Market size and forecast 2019-2024
      • Europe - Market size and forecast 2019-2024
      • APAC - Market size and forecast 2019-2024
      • MEA - Market size and forecast 2019-2024
      • South America - Market size and forecast 2019-2024
      • Key leading countries
      • Market opportunity by geography
      • Volume driver- Demand led growth
      • Market challenges
      • Market trends

      Vendor Landscape

      • Vendor landscape
      • Landscape disruption

      Vendor Analysis

      • Vendors covered
      • Market positioning of vendors
      • Akzo Nobel NV
      • Chevron Phillips Chemical Co. LLC
      • Evonik Industries AG
      • Exxon Mobil Corp.
      • Idemitsu Kosan Co. Ltd.
      • INEOS Group Holdings SA
      • Mitsubishi Chemical Holdings Corp.
      • Royal Dutch Shell Plc
      • Sasol Ltd.
      • Saudi Basic Industries Corp.

      Appendix

      • Scope of the report
      • Currency conversion rates for US$
      • Research methodology
      • List of abbreviations

      Research Framework

      Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

      TechnavioINFORMATION SOURCES

      Primary sources

      • Manufacturers and suppliers
      • Channel partners
      • Industry experts
      • Strategic decision makers

      Secondary sources

      • Industry journals and periodicals
      • Government data
      • Financial reports of key industry players
      • Historical data
      • Press releases
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      TechnavioDATA ANALYSIS

      Data Synthesis

      • Collation of data
      • Estimation of key figures
      • Analysis of derived insights

      Data Validation

      • Triangulation with data models
      • Reference against proprietary databases
      • Corroboration with industry experts
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      TechnavioREPORT WRITING

      Qualitative

      • Market drivers
      • Market challenges
      • Market trends
      • Five forces analysis

      Quantitative

      • Market size and forecast
      • Market segmentation
      • Geographical insights
      • Competitive landscape
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      The alpha olefins market growth will increase by $1209.22 thousand MT during 2019-2024.
      The alpha olefins market is expected to grow at a CAGR of 5.60% during 2019-2024.
      Technavio has segmented the alpha olefins market by type (1-Hexene, 1-Butene, 1-Octene, 1-Decene, and Others) ,application (Polyethylene, Synthetic lubricants, Plasticizers, and Others) , and geographic (North America, Europe, APAC, MEA, and South America).
      Akzo Nobel NV, Chevron Phillips Chemical Co. LLC, Evonik Industries AG, Exxon Mobil Corp., Idemitsu Kosan Co. Ltd., INEOS Group Holdings SA, Mitsubishi Chemical Holdings Corp., Royal Dutch Shell Plc, Sasol Ltd., Saudi Basic Industries Corp. are a few of the key vendors in the alpha olefins market.
      North America will register the highest growth rate of 47.26% among the other regions. Therefore, the alpha olefins market in North America is expected to garner significant business opportunities for the vendors during the forecast period.
      • US
      • Germany
      • China
      • France
      • Japan
      The key factors driving the alpha olefins market growth are:
      • Increasing demand for rubber chemicals
      The alpha olefins market vendors should focus on grabbing business opportunities from the 1-hexene segment as it accounted for the largest market share in the base year.
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