Global 1-Decene Market Size, Share, Trends, Industry Growth by Derivative (Polyalphaolefins, Oxo Alcohols, Others), by Application (Synthetic Lubricants, Surfactants, Plasticizers, Polyethylene, Others), by Region, and Forecast to 2028

Report ID: RC24160 | Report Format: PDF + Excel | Starting Price: 2520/- USD | Last Updated: June 26th, 2023

The global 1-Decene market size is expected to register a significant CAGR of over 6% during the forecast period and is expected to reach around USD 1 billion by 2028. The increasing demand for synthetic lubricants is one of the key factor driving the market growth. Furthermore, the increasing demand for the product in the automotive and packaging industry is further anticipated to fuel market growth. The product is used as a co-monomer in the production of polyethylene. The increasing demand for polyethylene in the food and beverage industry is expected to fuel market growth over the forecast period. Moreover, the increasing demand for surfactants and the growing production of poly alpha olefins is further expected to boost the market growth.

Market Drivers:

Growing demand for polyalphaolefins (PAO): 1-decene is a primary feedstock for the production of PAO, a high-performance synthetic lubricant. PAO offers excellent thermal stability, low-temperature fluidity, and high viscosity index, making it suitable for various applications in automotive, industrial, and aerospace sectors. The increasing demand for PAO in lubricants and greases drives the demand for 1-decene.

Expansion of the automotive industry: The automotive industry is a major consumer of lubricants and greases, which are essential for the proper functioning and maintenance of vehicles. With the growth of the automotive industry worldwide, there is an increased demand for high-quality lubricants with improved performance characteristics. 1-decene is a crucial raw material for the production of synthetic lubricants used in automotive applications, thereby driving the market growth.

Growth in the plastics and packaging industry: 1-decene is also used as a comonomer in the production of linear low-density polyethylene (LLDPE), which finds extensive applications in the plastics and packaging industry. LLDPE offers excellent flexibility, toughness, and impact resistance, making it suitable for various packaging applications, including films, bags, and containers. The expanding plastics and packaging industry contributes to the demand for 1-decene.

Increasing demand for surfactants: 1-decene is utilized in the production of alcohol ethoxylates, which are widely used as surfactants in various industries, including household cleaning, personal care, and industrial applications. Surfactants play a crucial role in reducing surface tension, enhancing detergency, and stabilizing emulsions. The growing demand for surfactants in diverse applications drives the demand for 1-decene.

Favorable properties and versatility of 1-decene: 1-decene possesses favorable properties, such as high reactivity, stability, and versatility, which make it suitable for various downstream applications. It serves as a building block for the synthesis of a wide range of specialty chemicals, including plasticizers, detergents, adhesives, and corrosion inhibitors. The versatility of 1-decene enables its use in multiple industries, contributing to market growth.

Technological advancements in production processes: Continuous advancements in production technologies, such as metallocene catalysts and advanced polymerization techniques, have improved the efficiency and cost-effectiveness of 1-decene production. These technological advancements enable the production of high-purity 1-decene with enhanced yields, lower impurities, and improved process control. The advancements in production processes support the growth of the 1-decene market.

Increasing focus on renewable and sustainable feedstocks: The chemical industry is increasingly emphasizing the use of renewable and sustainable feedstocks to reduce environmental impact and dependence on fossil resources. 1-decene can be derived from bio-based feedstocks, such as vegetable oils, through processes like olefin metathesis. The utilization of renewable feedstocks for 1-decene production aligns with the industry’s sustainability goals, driving the demand for bio-based 1-decene.

Economic growth in emerging markets: The economic growth in emerging markets, particularly in Asia-Pacific, has led to increased industrial activities and demand for various chemicals and polymers. 1-decene is extensively used in the production of key industrial materials, such as lubricants, plastics, and surfactants, which are essential for industrial development. The economic growth in emerging markets contributes to the expansion of the 1-decene market.

Market Snapshot:

Benchmark Year 2022
Market Size ~ USD 1 Billion by 2028
Market Growth (CAGR) > 6% (2023-2030)
Largest Market Share Asia Pacific
Analysis Period 2020-2030
Market Players Royal Dutch Shell, SABIC, Exxon Mobil Corporation, INEOS, and Chevron Phillips Chemical Company LLC

Market Insights:

The global 1Decene market is bifurcated into derivative, application, and geography. On the basis of derivatives, the market is further segmented into polyalphaolefins, oxo alcohols, and others. The polyalphaolefins segment dominated the global market in 2021 and is expected to hold the largest revenue share of over two-third of the market by the end of the analysis period. The increasing demand for PAO in the production of synthetic lubricants is one of the major factor driving the segment growth. Furthermore, the rapid growth in the automotive industry in developing economies and the growing manufacturing industry is further expected to fuel the segment growth over the forecast period.

On the basis of application, the market is segmented into synthetic lubricants, surfactants, plasticizers, polyethylene, and others. The synthetic lubricant segment dominated the global 1-Decene market in 2021 and is expected to maintain its dominance over the forecast period. The widespread use of synthetic lubricants in automotive engines is one of the prominent factor driving the segment growth. Furthermore, the increasing demand in the food & beverage sector and the rising environmental regulations in the automotive industry are further anticipated to fuel the segment growth over the forecast period.

1-Decene Market Size

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The 1-Decene comprehensive study analyzes industry trends, market size, competitive analysis, and market forecast – 2022 to 2028. Research Corridor report provides detailed premium insight into the global market and reveals the potential revenue streams, commercial prospects, market drivers, challenges, opportunities, issues, and events affecting the industry. In addition, the report has a dedicated section covering market forecasts and analysis for leading geographies, profiles of major companies operating in the market and expert opinion obtained from interviews with industry executives and experts from prominent companies.

The 1-Decene market research report presents the analysis of each segment from 2019 to 2028 considering 2020 as the base year for the research. The compounded annual growth rate (CAGR) for each respective segment is calculated for the forecast period from 2021 to 2027.

Historical & Forecast Period

  • 2019-20 – Historical Year
  • 2021 – Base Year
  • 2022-2028 – Forecast Period

Market Segmentation:

By Derivative:

  • Polyalphaolefins
  • Oxo Alcohols
  • Others

By Application:

  • Synthetic Lubricants
  • Surfactants
  • Plasticizers
  • Polyethylene
  • Others

By Region:

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East & Africa

Regional Analysis:

Geographically, the Asia Pacific dominated the global 1-Decene market in 2021 and is expected to hold the largest revenue share of around one-third market share by the end of the analysis period. The growing demand for synthetic lubricants and the growing automotive industry in developing economies are some of the major factors to drive the market growth in the region. Furthermore, the growing demand for polyethylene and the increasing demand for detergent alcohols in clothing and dishwashing applications are further expected to propel the market growth in the Asia Pacific. Moreover, the increasing demand for the product in various end-use industries is expected to uplift the market growth in the region.

Competitive Assessment:

Some of the major market players operating in the global 1-Decene market are Royal Dutch Shell, SABIC, Exxon Mobil Corporation, INEOS, and Chevron Phillips Chemical Company LLC. Companies are exploring markets by expansion, new investment, the introduction of new services, and collaboration as their preferred strategies. Players are exploring new geography through expansion and acquisition to gain a competitive advantage through joint synergy.

Key Companies:

  • Royal Dutch Shell
  • SABIC
  • Exxon Mobil Corporation
  • INEOS
  • Chevron Phillips Chemical Company LLC
  • Qatar Chemical Company II Ltd.
  • Idemitsu Kosan Co., Ltd.
  • PJSC Nizhnekamskneftekhim
  • Alfa Aesar
  • Merck Group

Key Questions Answered by 1-Decene Market Report

  • Global 1-Decene market forecasts from 2022-2028
  • Regional market forecasts from 2022-2028 covering Asia-Pacific, North America, Europe, Middle East & Africa, and Latin America
  • Country-level forecasts from 2022-2028 covering 15 major countries from the regions as mentioned above
  • 1-Decene submarket forecasts from 2022-2028 covering the market by derivative, by application, and geography
  • Various industry models such as SWOT analysis, Value Chain Analysis about the market
  • Analysis of the key factors driving and restraining the growth of the global, regional, and country-level 1-Decene markets from 2022-2028
  • Competitive Landscape and market positioning of top 10 players operating in the market
Table of Content:

1. Preface


1.1. Report Description
1.1.1. Purpose of the Report
1.1.2. Target Audience
1.1.3. USP and Key Offerings
1.2. Research Scope
1.3. Research Methodology
1.3.1. Phase I – Secondary Research
1.3.2. Phase II – Primary Research
1.3.3. Phase III – Expert Panel Review
1.4. Assumptions

 

2. Executive Summary


2.1. Global 1-Decene Market Portraiture
2.2. Global 1-Decene Market, by Derivative, 2021 (USD Mn)
2.3. Global 1-Decene Market, by Application, 2021 (USD Mn)
2.4. Global 1-Decene Market, by Geography, 2021 (USD Mn)

 

3. Global 1-Decene Market Analysis


3.1. 1-Decene Market Overview
3.2. Market Inclination Insights
3.3. Market Dynamics
3.3.1. Drivers
3.3.2. Challenges
3.3.3. Opportunities
3.4. Attractive Investment Proposition
3.5. Competitive Analysis
3.6. Porter’s Five Force Analysis
3.6.1. Bargaining Power of Suppliers
3.6.2. Bargaining Power of Buyers
3.6.3. Threat of New Entrants
3.6.4. Threat of Substitutes
3.6.5. Degree of Competition
3.7. COVID-19 Impact Analysis

 

4. Global 1-Decene Market By Derivative, 2019 – 2028 (USD Mn)


4.1. Overview
4.2. Polyalphaolefins
4.3. Oxo Alcohols
4.4. Others

 

5. Global 1-Decene Market By Application, 2019 – 2028 (USD Mn)


5.1. Overview
5.2. Synthetic Lubricants
5.3. Surfactants
5.4. Plasticizers
5.5. Polyethylene
5.6. Others

 

6. North America 1-Decene Market Analysis and Forecast, 2019 – 2028 (USD Mn)


6.1. Overview
6.2. North America 1-Decene Market by Derivative (2019-2028 USD Mn)
6.3. North America 1-Decene Market by Application (2019-2028 USD Mn)
6.4. North America 1-Decene Market by Country (2019-2028 USD Mn)
6.4.1. U.S.
6.4.1.1. U.S. 1-Decene Market by Derivative (2019-2028 USD Mn)
6.4.1.2. U.S. 1-Decene Market by Application (2019-2028 USD Mn)
6.4.2. Canada
6.4.2.1. Canada 1-Decene Market by Derivative (2019-2028 USD Mn)
6.4.2.2. Canada 1-Decene Market by Application (2019-2028 USD Mn)

 

7. Europe 1-Decene Market Analysis and Forecast, 2019 – 2028 (USD Mn)


7.1. Overview
7.2. Europe 1-Decene Market by Derivative (2019-2028 USD Mn)
7.3. Europe 1-Decene Market by Application (2019-2028 USD Mn)
7.4. Europe 1-Decene Market by Country (2019-2028 USD Mn)
7.4.1. Germany
7.4.1.1. Germany 1-Decene Market by Derivative (2019-2028 USD Mn)
7.4.1.2. Germany 1-Decene Market by Application (2019-2028 USD Mn)
7.4.2. U.K.
7.4.2.1. U.K. 1-Decene Market by Derivative (2019-2028 USD Mn)
7.4.2.2. U.K. 1-Decene Market by Application (2019-2028 USD Mn)
7.4.3. France
7.4.3.1. France 1-Decene Market by Derivative (2019-2028 USD Mn)
7.4.3.2. France 1-Decene Market by Application (2019-2028 USD Mn)
7.4.4. Italy
7.4.4.1. Italy 1-Decene Market by Derivative (2019-2028 USD Mn)
7.4.4.2. Italy 1-Decene Market by Application (2019-2028 USD Mn)
7.4.5. Rest of Europe
7.4.5.1. Rest of Europe 1-Decene Market by Derivative (2019-2028 USD Mn)
7.4.5.2. Rest of Europe 1-Decene Market by Application (2019-2028 USD Mn)

 

8. Asia Pacific 1-Decene Market Analysis and Forecast, 2019 – 2028 (USD Mn)


8.1. Overview
8.2. Asia Pacific 1-Decene Market by Derivative (2019-2028 USD Mn)
8.3. Asia Pacific 1-Decene Market by Application (2019-2028 USD Mn)
8.4. Asia Pacific 1-Decene Market by Country (2019-2028 USD Mn)
8.4.1. China
8.4.1.1. China 1-Decene Market by Derivative (2019-2028 USD Mn)
8.4.1.2. China 1-Decene Market by Application (2019-2028 USD Mn)
8.4.2. Japan
8.4.2.1. Japan 1-Decene Market by Derivative (2019-2028 USD Mn)
8.4.2.2. Japan 1-Decene Market by Application (2019-2028 USD Mn)
8.4.3. Rest of Asia Pacific
8.4.3.1. Rest of Asia Pacific 1-Decene Market by Derivative (2019-2028 USD Mn)
8.4.3.2. Rest of Asia Pacific 1-Decene Market by Application (2019-2028 USD Mn)

 

9. Latin America (LATAM) 1-Decene Market Analysis and Forecast, 2019 – 2028 (USD Mn)


9.1. Overview
9.2. Latin America 1-Decene Market by Derivative (2019-2028 USD Mn)
9.3. Latin America 1-Decene Market by Application (2019-2028 USD Mn)
9.4. Latin America 1-Decene Market by Country (2019-2028 USD Mn)
9.4.1. Brazil
9.4.1.1. Brazil 1-Decene Market by Derivative (2019-2028 USD Mn)
9.4.1.2. Brazil 1-Decene Market by Application (2019-2028 USD Mn)
9.4.2. Mexico
9.4.2.1. Mexico 1-Decene Market by Derivative (2019-2028 USD Mn)
9.4.2.2. Mexico 1-Decene Market by Application (2019-2028 USD Mn)
9.4.3. Rest of Latin America
9.4.3.1. Rest of Latin America 1-Decene Market by Derivative (2019-2028 USD Mn)
9.4.3.2. Rest of Latin America 1-Decene Market by Application (2019-2028 USD Mn)

 

10. Middle East and Africa 1-Decene Market Analysis and Forecast, 2019 – 2028 (USD Mn)


10.1. Overview
10.2. MEA 1-Decene Market by Derivative (2019-2028 USD Mn)
10.3. MEA 1-Decene Market by Application (2019-2028 USD Mn)
10.4. Middle East and Africa 1-Decene Market, by Country (2019-2028 USD Mn)
10.4.1. GCC
10.4.1.1. GCC 1-Decene Market by Derivative (2019-2028 USD Mn)
10.4.1.2. GCC 1-Decene Market by Application (2019-2028 USD Mn)
10.4.2. South Africa
10.4.2.1. South Africa 1-Decene Market by Derivative (2019-2028 USD Mn)
10.4.2.2. South Africa 1-Decene Market by Application (2019-2028 USD Mn)
10.4.3. Rest of MEA
10.4.3.1. Rest of MEA 1-Decene Market by Derivative (2019-2028 USD Mn)
10.4.3.2. Rest of MEA 1-Decene Market by Application (2019-2028 USD Mn)

 

11. Company Profiles


11.1. Royal Dutch Shell
11.1.1. Business Description
11.1.2. Financial Health and Budget Allocation
11.1.3. Product Positions/Portfolio
11.1.4. Recent Development
11.1.5. SWOT Analysis
11.2. SABIC
11.2.1. Business Description
11.2.2. Financial Health and Budget Allocation
11.2.3. Product Positions/Portfolio
11.2.4. Recent Development
11.2.5. SWOT Analysis
11.3. Exxon Mobil Corporation
11.3.1. Business Description
11.3.2. Financial Health and Budget Allocation
11.3.3. Product Positions/Portfolio
11.3.4. Recent Development
11.3.5. SWOT Analysis
11.4. INEOS
11.4.1. Business Description
11.4.2. Financial Health and Budget Allocation
11.4.3. Product Positions/Portfolio
11.4.4. Recent Development
11.4.5. SWOT Analysis
11.5. Chevron Phillips Chemical Company LLC
11.5.1. Business Description
11.5.2. Financial Health and Budget Allocation
11.5.3. Product Positions/Portfolio
11.5.4. Recent Development
11.5.5. SWOT Analysis
11.6. Qatar Chemical Company II Ltd.
11.6.1. Business Description
11.6.2. Financial Health and Budget Allocation
11.6.3. Product Positions/Portfolio
11.6.4. Recent Development
11.6.5. SWOT Analysis
11.7. Idemitsu Kosan Co., Ltd.
11.7.1. Business Description
11.7.2. Financial Health and Budget Allocation
11.7.3. Product Positions/Portfolio
11.7.4. Recent Development
11.7.5. SWOT Analysis
11.8. PJSC Nizhnekamskneftekhim
11.8.1. Business Description
11.8.2. Financial Health and Budget Allocation
11.8.3. Product Positions/Portfolio
11.8.4. Recent Development
11.8.5. SWOT Analysis
11.9. Alfa Aesar
11.9.1. Business Description
11.9.2. Financial Health and Budget Allocation
11.9.3. Product Positions/Portfolio
11.9.4. Recent Development
11.9.5. SWOT Analysis
11.10. Merck Group
11.10.1. Business Description
11.10.2. Financial Health and Budget Allocation
11.10.3. Product Positions/Portfolio
11.10.4. Recent Development
11.10.5. SWOT Analysis
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