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Alpha Olefin Market Size, Share | Industry Report 2026
The Global Alpha Olefin Market was valued at $9.05Billion in 2018 and is forecast to grow at a modest5.9% CAGR between2018 and 2025, culminating in 2026 global sales of $14.32Billion.The global alpha olefin market is anticipated to reach USD 14.38 billion by 2026.Rising demand for polyethylene, due to its uses in several applications, for example, consumer goods, packaging, industrial processes, and others are projected to initiate the market.Domestic production and consumption of alpha-olefinbenefit the manufacturers to reduce thetransportation cost and supply to the final user directly to increase cost-effectiveness.Growing polyethylene demand from several end-use industries is projected to persist a crucial driving aspect for the global alpha olefin market.Alpha olefins are organic compounds including olefins or alkenes, which are normally manufactured through the oligomerization of ethylene.Ethylene, which is manufactured bynaphtha and crude oil, is the key raw material used in the production of alpha-olefin.The alpha-olefins are used in a wide array of chemical operation, for example, synthetic lubricants, polyethylene, and detergent alcohols.After all, the market is expected to directly increase in product prices with an increase in the cost of ethylene over the estimated period. The prices are usually created on raw material costs and the production technology used.
We have observed that the rapid growth of Alpha Olefin followed by 1-Hexenewiththe largest market share over the forecast period. This segment playing a major to produce LLDPE (Linear Low-Density Polyethylene) and HDPE (High-Density Polyethylene) polymers is projected to expand the growth. Increasing demand for polyethylene in consequence of rising consumer goods and automotive segment, in the developing economies of India, Brazil and China are projected to move the 1-hexene segment more.
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www.ameriresearch.com/product/alpha-olefin-market/
Key findings from the study: -
• We have segmented the Global Alpha Olefin Market based on Key Product Categories as 1-Hexene, 1-Octene.
• We have segmented the Global Alpha Olefin Market based on Application as Polyethylene, Detergent Alcohol, Synthetic Lubricants.
• The key market participants includeChevron Phillips Chemical Company LP, ExxonMobil Chemical Company, Evonik Industries AG, Godrej Industries Ltd., Ineos Oligomers, Linde AG, Mitsubishi Chemical, Qatar chemical, Shell Chemical Limited, and Saudi Basic Industries Corporation.
Ameri Research has segmented the Alpha Olefin Market by material categories, product type, end-use and region:
Market Segmentation:
Global Alpha Olefin Market by Key Product Categories(Revenue, Million, 2018 – 2026)
• 1-Hexene
• 1-Octene
Global Alpha Olefin Market by Application(Revenue, Million, 2018 – 2026)
• Polyethylene
• Detergent Alcohol
• Synthetic Lubricants
Global Alpha Olefin Market Regional Outlook (Revenue, USD Million, 2018-2026)
• North America
o U.S.
o Canada
• Europe
o UK
o Germany
o France
o Italy
o Spain
• Asia Pacific
o Japan
o China
o India
o Australia
• Latin America
o Brazil
o Mexico
o Columbia
• Middle East and Africa
o South Africa
o Saudi Arabia
Browse Full Report @ www.ameriresearch.com/product/alpha-olefin-market/
About Us:
Ameri Research Inc. (www.ameriresearch.com) is a U.S. based market research and consulting company, registered in the State of Florida and headquartered in Tampa Bay Area. At Ameri Research we are passionately curious about people, markets, brands and society. Our ability to gauge market movements, deep expertise in data science, strong domain expertise and years of collective global experiences helps us to bring unmatched quality in deliverables to our clients. With carefully planned systems and processes in place, we cater to the requirements of our clients in a timely and cost-efficient manner, bringing increased predictability to their business. Each year we are publishing more than 100 syndicated reports in healthcare, chemicals, materials, food & beverages, defense & aerospace, media & entertainment, sports & fitness, and energy. We offer our clients a unique depth of knowledge and expertise around-
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