Press release
Internal Olefins Market to hit $2 bn by 2024
Positive application outlook in surfactants, pharmaceutical and oil drilling industries should stimulate internal olefins market growth. Rising environmental awareness along with shifting consumer focus for quality personal care products will have positive impact on industry growth.
Request for a sample of this research report @ https://www.gminsights.com/request-sample/detail/2131
Strict regulations by REACH & EPA across oil drilling industries coupled with increasing automobile sales in India, China and Brazil will propel industry growth. Automotive manufacturers prefer to use synthetic lubricants over conventional owing to addition of internal olefins in it. They have properties like biodegradability, thermal stability and lubricity which help in preventing sludge formation in vehicle engines.
Lubricants application should surpass USD 350 million by 2024. Internal olefins used in lubricants enhances fuel efficiency, vehicle performance and equipment life. It is mainly used in industrial and automotive lubricants owing to mandatory compliance implemented by REACH and EPA and act as synthetic oil base stock, helping in maintaining performance and cost ratio of the manufacturers.
Internal olefins are dependent majorly on the raw materials including ethylene and n-paraffins. Ethylene oligomerization process are prominently used in the manufacturing of alpha olefins. Fluctuation in raw material prices may hinder internal olefins market price trend and affect industry profitability.
Browse key industry insights spread across 120 pages with 92 market data tables & 26 figures & charts from the report, “Internal Olefins Market Size By Application (Oil Drilling, Surfactants, Lubricants, Agrochemicals, Pharmaceuticals) Industry Analysis Report, Regional Outlook (U.S., Canada, Mexico, Germany, UK, France, Italy, Russia, China, India, Japan, South Korea, Australia, Brazil, Saudi Arabia, UAE, South Korea), Application Development Potential, Price Trend, Competitive Market Share & Forecast, 2017 – 2024” in detail along with the table of contents:
https://www.gminsights.com/industry-analysis/internal-olefins-market
Internal olefins demand from surfactants applications is likely to witness significant growth at over 4.5% by the end of projected period. These products when added to surfactants are highly compatible with hard water and possess good wetting and foaming characteristics. Surfactants include bubble baths, powder & liquid detergents, liquid hand soap and shampoos are free of skin irritants and sensitizers.
U.S. internal olefins market demand is likely to exceed USD 750 million by 2024. Increase in oil & gas exploration owing to shale gas revolution has resulted into growth in drilling platforms. The product has extensive usage in oil drilling due to its well-bore stability, lubricity and thermal stability which helps in lesser environmental impact caused by drilling.
Germany internal olefins market should surpass USD 90 million by 2024.
It is widely used in lubricants, facilitating low emission and is considered as environment friendly, thereby enhancing product demand. Automotive manufacturers are investing in R&D activities, in order to produce ecofriendly products, thereby stimulating regional industry growth.
Internal olefins market demand from pharmaceutical applications may exceed USD 100 million by 2024. It is used as pharmaceutical intermediates, offering higher surface activity compared to other terminal olefins. Pharmaceutical intermediates are mixed with other chemicals to form various medicines used to fight diseases.
Make an inquiry for purchasing this report @ https://www.gminsights.com/inquiry-before-buying/2131
Russia internal olefins market size is likely to grow over 3.5% by the end of forecast period. Increasing awareness pertaining to advantages of synthetic lubricants over its counterparts for cost effectiveness and higher fuel efficiency should propel regional demand. Rapid development in automotive sector and increase in personal vehicle ownership should drive industry growth.
Shell, Sasol, Elevance and INEOS Oligomers are the main industry players in the internal olefins market. Strong R&D spending by automotive and oil & gas manufacturers in order to comply with environmental norms may enhance product portfolio thereby driving industry growth.
Browse Related Reports:
Oxo Alcohols Market Forecast ,2017 – 2024
Oxo Alcohols Market Size By Product (N-Butanol, 2-Ethylhexanol, Iso-Butanol), By Application (Plasticizers, Acrylate, Acetate, Glycol Ether, Solvents, Adhesives, Lube Oil Additive), Regional Outlook (U.S., Canada, Mexico, Germany, UK, France, Italy, Russia, China, Japan, India, South Korea, Australia, Malaysia, Thailand, Brazil, Saudi Arabia, UAE, South Africa), Competitive Market Share & Forecast, 2017 – 2024
https://www.gminsights.com/industry-analysis/oxo-alcohols-market
About Global Market Insights
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.
Contact Us:
Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone: 1-302-846-7766
Toll Free: 1-888-689-0688
Email: rel="nofollow">sales@gminsights.com
Web: https://www.gminsights.com
Blog: https://www.gminsights.com/blogs
Connect with us: Facebook | Google+ | LinkedIn | Twitter
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Internal Olefins Market to hit $2 bn by 2024 here
News-ID: 847503 • Views: …
More Releases from Global Market Insights, Inc.
Rare Sugar Market Top 3 Trends, Covid-19 Outbreak, Factors Driving, Threats, Cha …
Rising awareness regarding health & fitness and the subsequent shift in consumer trends towards low-calorie sweeteners will boost rare sugar market share over the forecast spell. Recent years have marked a steady rise in the prevalence of cardiovascular ailments, diabetes, and obesity, among other chronic conditions, which have triggered a massive change in consumer perceptions towards health.
This in turn has led to a surge in demand for various functional foods…
Global Selenium Yeast Market Industry Assessment, Trends, Competitive Landscape, …
The selenium yeast market is anticipated to register substantial gains on account of rising inclination towards organic additives in animal nutrition, with an aim to improve livestock health and production. Consumers are steadily becoming aware of the downsides associated with using synthetic additives. As a result, they are preferring selenium yeast feed grades over other counterparts to provide balanced nutrition to their livestock.
According to Global Market Insights Inc estimates…
Power Distribution Component Market Share, Size, Trends by 2025 | Leading Key pl …
Global Power Distribution Component Market Report offers market overview, segmentation by types, application, countries, key manufactures, cost analysis, industrial chain, sourcing strategy, downstream buyers, marketing strategy analysis, distributors/traders, factors affecting market, forecast and other important information for key insight.
Request a sample of this research report @ https://www.gminsights.com/request-sample/detail/3091
Voltage rating have acted as a standard industry protocol toward the installation of power components reliant on regulatory preference, deployment areas, and the group…
Prenatal Vitamin Ingredients Market New Entrants, Risk Factors, Market Expansion …
The rise in the instances of miscarriages on account of poor diet and hygiene will anchor the consumption of prenatal vitamin ingredients. Excessive intake of junk food has resulted in the scarcity of important nutrients in pregnant women that could adversely affect the fetus health and development. Furthermore, prenatal vitamin ingredients possess additional nutritional components that are not so easily sourced from regular food items and products.
Prenatal vitamin ingredients can…
More Releases for Internal
Internal Neuromodulation Market 2022 | Detailed Report
This report provides an informative view about the competitive aspect of the global market. It includes detailed picture of the exhibition of a portion of the essential global players working in the Internal Neuromodulation market. The research study also provides historical record with profits predictions and forecasts from 2022 to 2028. Also, the business manufacturing of the notable manufacturers is also emphasized with technical data in the report.
This report is…
European Study: "Internal Communications Monitor 2020"
Berlin / Europe, 03 Feb 2020: The School for Communication and Management (SCM) in collaboration with Kammann Rossi and Staffbase is conducting the online survey "Internal Communications Monitor 2020".
Through its brand EPICOM, SCM takes a look at the state of the art of internal communications in Europe. The study "Internal Communications Monitor 2020" is intended to give an overview of the European market and to define the role of…
Internal Beam Radiotherapy Market
Internal beam radiation therapy involves short distance therapy. It is commonly known as brachytherapy and is used in highly targeted treatments, especially in cases of breast, cervix, prostrate, and skin cancer. The internal beam radiation therapy procedure involves placing of radioactive material inside a human body. The radioactive material is placed either close to or on the tumor. The process of internal beam radiation causes the delivery of radiation directly…
Global Internal Combustion Engines Market, 2025
IndexBox has just published a new report "World: Motor Vehicles Compression-Ignition Internal Combustion Piston Engines - Market Report. Analysis and Forecast to 2025" ( http://www.indexbox.co.uk/store/world-motor-vehicles-compression-ignition-internal-combustion-piston-engines-market-report-analysis-and-forecast-to-2020/?utm_source=opr ).
This report is best suitable for you if you:
• Are planning to enter a new geographical market and wish to know which one is best for your product
• Are planning to enter a new product market and want to have a detailed overview of the…
Software Company Ditch Internal Emails
Software developer Exformatics are to abolish internal emails. Inefficiency and lack of knowledge sharing put more emphasis on social media, mobile applications and digital workflows and task.
New Year’s resolutions normally concerns exercise, weight loss and a farewell to bad habits. At Exformatics, January sees an end to the long electronic email conversations, an ocean of more or less irrelevant cc emails and short, untimely reminders via the disliked form of…
Internal audit boutique joins Moore Stephens
Campbell Tickell Assurance, a specialist internal audit and investigations firm, merged with leading accountants and consultants, Moore Stephens, on 1 January 2011.
CT Assurance provides internal audit and investigation services for social housing organisations. The transaction will boost Moore Stephens’ already significant governance, risk and assurance practice.
Roger Lustig, CT Assurance’s principal said that the time had come for his firm to take the next step in its development. “We examined a…
