1-Decene Market 2023-2028: Growth, Industry Share, Size and Forecast Report

The latest research study “1-Decene Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028” by IMARC Group, finds that the global 1-decene market size reached US$ 1.2 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 1.7 Billion by 2028, exhibiting a growth rate (CAGR) of 5.8% during 2023-2028.

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Industry Definition and Application:

1-Decene(C10H20), or decylene, is a colorless, watery liquid with a pleasant odor, insoluble in water and toxic in nature. It comprises a chain of ten carbon atoms with one double bond and is produced by the oligomerization of ethylene or by cracking higher carbon content petroleum waxes. It is typically stored under a nitrogen blanket and exhibits anti-corrosive properties. It is also used as a monomer in copolymers and as an intermediate in producing amines, synthetic fatty acids, oxo alcohols, alkylated aromatics, and epoxides. Nowadays, 1-decene is widely adopted in pharmaceuticals, marine applications, dyes, resins, perfumes, and oil sectors.

1-Decene Market

Global 1-Decene Market Trends and Drivers:

The market is primarily driven by the expanding automotive industry. In addition, the increasing use of 1-decene to manufacture polyalphaolefin (PAO), which is a high-performance synthetic lubricant extensively used for industrial gear systems and automatic transmission engines in the aviation and marine industries, is contributing to the market growth. Moreover, the widespread product adoption as the chemical intermediate in the producing detergents and industrial surfactants used in dishwashing and clothing applications represents another major growth-inducing factor. Apart from this, technological innovations, decreasing prices of raw materials, rising disposable incomes of consumers, and flexible government policies are providing a positive thrust to the market growth. Furthermore, the increasing research and development (R&D) activities to produce eco-friendly products due to the growing environmental awareness and mergers and acquisitions among key market players are also creating a favorable market outlook.

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Report Segmentation: 

The report has been segmented the market into following categories:

Breakup by Derivative:

• Polyalphaolefins

• Oxo Alcohols

• Linear Alkyl Benzene

• Linear Mercaptans

• Chlorinated Alpha Olefins

• Others

Breakup by Grade:

• Bio-Based

• Synthetic

Breakup by Application:

• Surfactants

• Plasticizers

• Synthetic Lubricants

• Polyethylene

• Others

Breakup by Region:

• North America

• Asia Pacific

• Europe

• Latin America

• Middle East and Africa

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List of Major Key Players:

The major players in the market are Ineos Group Ltd, Merck KGaA, Angene Chemical Private Limited, Chevron Phillips Chemical Company LLC, Alfa Aesar (Thermo Fisher Scientific), Gelest Inc. (Mitsubishi Chemical Corporation), Idemitsu Kosan Company Ltd., PJSC Nizhnekamskneftekhim, Saudi Basic Industries Corporation and Spectrum Laboratory Products Inc.

About Us:

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

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