Alpha Olefin Market 2018 Size, Major Players Overview and Forecast to 2025

Major companies are involved in raw material production, alpha olefins production, distribution of alpha olefins production and end-use products manufacturing. The Global Alpha Olefin Market is expected to reach USD 12.58 billion by 2025, according to a new report by Grand View Research, Inc.

End-use products include polyethylene, detergent alcohols, synthetic lubricants, plasticizers, etc. In-house production and utilization of alpha olefin helps the manufacturers to cut down logistics cost and cater to end-users directly to increase profitability. Increasing polyethylene demand from various end-use industries is expected to remain a key driving factor for the global alpha olefin market.

Normal alpha olefins are considered to be the best intermediators for the production of alpha olefin sulfonate (AOS) surfactants. The advantages achieved are, good foaming and wetting properties, high hard-water compatibility, and superb detergency. Along with being rapidly biodegradable, AOS is unhampered of skin irritants and sensitizers. C14-C16 AOS blends are usually used for the production of liquid hand soaps.

Increase in the production of oil in OPEC countries and in Russia and the U.S. is anticipated to maintain a smooth flow of raw material supply for alpha olefin production.

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The surge in demand for poly alpha olefin in the synthetic lubricants segment owing to reduced engine wear and tear is anticipated to propel the market growth in the mentioned forecast period.1-Octene generated a demand of 449.1 kilo tons in 2016 and is expected to grow at an estimated CAGR of 3.2% over the forecast period.

Market Segmentation of

The Alpha Olefin Market segmented on the basis of Product, Application and Region.

By Product:

    1-Butene
    1-Hexene
    1-Octene
    1-Decene
    1-Dodecene

By Application:

    Polyethylene
    Synthetic Alcohol
    Synthetic Lubricants

By Region:

    North America
    Europe
    Asia Pacific
    Middle East and Africa
    Central & South America

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