Press release
Global Linear Alpha Olefins Market Size All Set to Reach $ 11,747.8 Million By 2026
The Linear alpha olefins market size was $8,012.2.0 million in 2018 and is predicted to reach $11,747.8 million by 2026, growing at a CAGR of 4.9% in the forecast period. North America held the market share of 36% in 2018 by generating a revenue of $3,395.1 million and is predicted to grow at a CAGR of 3.6% in the forecast period.Linear alpha olefin are alkenes with a double bond of carbon atoms. These double bonds determine the chemical properties and can undergo all the reactions of an olefin, including metathesis, polymerization, and others. Most of the linear alpha olefins are produced by ethylene oligomerization. These oligomerizations are used for the production of higher olefins, which are used in the preparation of lubricants, surfactants, plasticizer, oil chemicals and for the fusion of linear low-density polyethylene.
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Linear Alpha Olefins (LAO) are unsaturated hydrocarbons that are used to manufacture products like synthetic lubricants, synthetic acids, polymers (LLDPE, HPDE), detergent intermediates, oilfield chemicals, and additives. LAO's are industrially imperative alkenes with the chemical formula CXH2X. In these unbranched alkenes, the first carbon atom of the chain has a double bond. This bond present between the first and second carbon makes it useful for a number of applications by determining the alkene's chemical properties. The applications of all reactions of an olefin include addition metathesis, polymerization, etc.
The Joint Venture for ?-SABLIN Technology:
Linear Alpha Olefins are used in several applications in chemical industry. In particular, 1-Hexene and 1-Butene are highly valued co-monomers for polyolefins. Higher LAOs are processed within the production of Poly-Linear-Alpha-Olefins (PAOs), lubricants, and detergent alcohols.
One of the excellent examples of successful technology development is ?-SABLIN technology. The technology partners, Saudi based SABIC and German-based The Linde Group jointly developed the ?-SABLIN technology. From the first lab experiments in 1990s, the ?-SABLIN technology has grown form pilot plant size up to the commercial plant. The Linde Group had specially constructed and designed the pilot plant on the basis of an initial conceptual design for a large-scale commercial process. Later, in 2000, it was put into operation at the Development Centre of SABIC in Riyadh. Finally, after a successful performance test run, UNITED declared the commercial plant in Al Jubail as fully commercial plant. This UNITED plant has the capacity to produce 150.000 t/a of LAO, which is also the first commercial plant to use the ?-SABLIN technology for the production of LAO.
Application Areas of Linear Alpha Olefins
Linear alpha olefins are extremely diverse, as they are known for high purity and are used in a range of applications, including industrial oils, high-performing engine, waxes, plastic packaging, synthetic lubricants, and as constructing blocks for surfactants and other special chemicals. Linear alpha olefins can provide unlimited options for chemical development and can be also tailored to meet individual specifications.
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Following are the uses of linear alpha olefins in various applications:
o Polyethylene
Co-monomers such as 1-butene, 1-hexene, and 1-octene are used as strength modifiers for specialized plastic products.
o Synthetic Lubricants
Linear alpha olefins are used as a feedstock poly-alpha-olefin (PAO) for synthetic lubricants.
o Surfactants
Linear alpha olefins are typically functionalized for use in surfactants such as detergent alcohols, alkyl-amine oxides, and olefin sulfonates.
o Drilling Fluids
Linear alpha olefins are isomerized into ecological offshore drilling fluids. The linear alpha olefins are also changed from one isomer to another in raw materials for paper-sizing.
o Lube Additives & Functional fluids
In additives, linear alpha olefins are used as anti-corrosion additives and detergents and lubricants or functional fluids.
o Synthetic Waxes
In this application linear alpha olefins are used in candles, plastic processing, and several other specialty uses such as crayons, color, inks, and cosmetic emollients.
Key Companies Profiled:
o Qatar Chemical Company Ltd (Q-chem).
o Chevron Phillips Chemical Company LLC
o Mitsubishi Chemical Corp
o Exxon Mobil Corporation,
o INEOS Oligomers
o Petrochemicals(M) Sdn.Bhd
o Royal Dutch Shell
o Evonik Industries
o JAM Petrochemicals Company
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