Study papers on 1-Decene market and regional forecast. 1-Decene market players are Royal Dutch Shell (Netherlands), Chevron Phillips Chemical Company (US), Ineos Group Limited (Switzerland), SABIC (Saudi Arabia), Sasol Limited (South Africa), ExxonMobil (US), PJSC Nizhnekamskneftekhim (Russia), and Qatar Chemical Company (Qatar).
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1-Decene market is estimated to be USD 999.4 million in 2017 and is projected to reach USD 1,272.7million by 2022, at a CAGR of 5.0% between 2017 and 2022. Increasing demand for 1-Decene from end-use industries such as automobiles and packaging is expected to drive the 1-Decene market.
However, volatility in raw material prices and growth of group III base oils are considered as restraints for the growth of the 1-Decenemarket.
- 1-Decene Manufacturers
- 1-Decene Dealers
- 1-Decene Suppliers
- End Users and Raw Material Suppliers
North America is the largest industrial base for oil & gas, petrochemicals, packaging, automotive, electronics, paints & coatings, pulp & paper, pharmaceuticals.
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The market in this region has promising growth potential, owing to the availability of low-cost raw materials and the development of shale gas. The US is the leading producer and consumer of 1-Decene in the region.
The 1-Decene market in the US is driven by the increasing demand for derivatives from various industries such as automotive, packaging, and others.
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There is also presence of manufacturers of 1-Decenesuch as Chevron Phillips Chemical (US) and ExxonMobil (US) in the US. These manufacturers have planned various technological advancements and expansions to cater to the increasing demand for 1-Decene and enhance profit margins.
Polyalphaolefins is the largest and fastest-growing segment of the 1-Decene market and is expected to continue its dominance during the forecast period. Low and high-temperature viscosity performance; chemical and shear stability; and resistance to oxidation, thermal breakdown, and oil sludge problems are some of the advantages of polyalphaolefins over traditional lubricants.
The growth of the lubricants market is driven by the increasing demand from end-use industries, such as automotive and manufacturing. The polyalphaolefins segment is further sub segmented into synthetic lubricants and others.
High demand for synthetic lubricants in diesel engines is expected to fuel the 1-Decene market during the forecast period.
2 Expansions: The Most Popular Growth Strategies
3 Maximum Developments During 2013-2015
4 Competitive Situations and Trends
4.2 Joint Venture
5 Market Share of Top Companies
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The 1-Decenemarket is segmented on the basis of derivative and region. The derivative segment is further segmented into polyalphaolefins (synthetic lubricants and others), oxo alcohols (plasticizer alcohols and detergent alcohols), and others (linear alkyl benzene, linear mercaptans, chlorinated alpha olefins, alkyl dimethylamine, and di-alkyl dimethylamine).
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