Linear Alpha Olefins Market by Product (1-Octene, 1-Hexene, 1-Butene,1-Decene, 1-Dodecene, Others), By Application (Synthetic Lubricants, Detergent Alcohol, Polyethylene), Regional Outlook (North America, Europe, Asia-Pacific, LAMEA), Global Opportunity Analysis and Industry Forecast, 2019–2026

Global Linear Alpha Olefins Market Overview 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.

Driving Factors in Linear Alpha Olefins Market Drivers:

Rising demand of alpha olefin in automobile industry and increasing demand for polyethylene is predicted to rise the linear alpha olefins market.

Increasing use of polyethylene and increasing demand of alpha olefin in the automobile sector are considered to be the most important driving factors of liner alpha olefins market. Most of the automobile industry uses alpha olefin end products. The surfactants, lubricants, oil chemicals and plasticizers are the end products produced by the alpha olefin which are used in the automobile sector for maintaining and managing the spare parts in motor vehicles. These spare parts are used in the automobile to work on the longevity.  Linear alpha olefins are used for the manufacturing of polyethylene, detergent alcohol, plasticizer alcohol and many other products. These products are used as a raw material in many other industries for the manufacturing of the respective industry finished product. The industries such as coatings & paper, pharmaceutical, and cosmetic, which consume alpha olefin as a raw material are considered to be the driving factor for the market. In addition, easy availability of the raw material is projected to rise the demand for the linear alpha olefins market.

Market Restraints:

Cost involved in the raw materials and manufacturing of the component is considered to be the major threat for the linear alpha olefins market.

The process required for the manufacturing of the component is considered to be biggest restraint for the market. The process requires extreme pressure and temperature conditions. Executing wrong pressure and variation in the temperature can led to a defect in the product, rendering it useless and causing a huge loss to the manufacturing company. Fluctuating price of the raw material is considered to have a huge impact on the linear alpha olefins industry. The rising price of the raw material will have an adverse effect on the production cost which will lead to the rise in the overall cost of manufacturing. Thus, the rise in the production cost due to the rise in the price for alpha olefin will hamper to the growth of the industry.

Investment Opportunity Linear Alpha Olefins Market:

Rising focus from the competitors to reduce supply demand gap is considered to be an opportunity for the linear alpha olefins market.

The market will witness a rise in the price of the raw material, with a rise in the prices of ethylene. The prices are normally based on the raw material and the production technology. Major companies like INEOS, SASOL, and CPChem are increasing their focus on the extraction of raw material from ecofriendly products where the cost of production and raw material will decrease, which is going to reduce the supply demand gap and can create opportunity in the forecast period.

Linear Alpha Olefins Market by Product Type:

1-Hexen will possess high investment opportunities with the highest growth rate.

Source: Research Dive Analysis

1-Hexen is predicted to have the largest market growth in the segment. 1-Hexen is predicted to grow with a CAGR of 6.0% by generating a revenue of $2,678.5 million by 2026. 1-Hexen is the most commonly used type due to its excellent chemical properties. 1-Hexen is the most common material used for the manufacturing of linear low density polyethylene (LLDPE) and high density polyethylene(HDPE). Increasing demand for polyethylene with respect to the rise in the consumer goods and automotive market will drive the 1-Hexen segment.

Linear Alpha Olefins Market by Application:

The Polyethylene manufacturing application is projected to be most lucrative by 2026.

Source: Research Dive Analysis

Polyethylene manufacturing application constitute the largest market share of 43% in 2018. The demand for polyethylene is predicted grow in the forecast years due to the rise in the increase use of Low-density polyethylene (LDPE) by many industries. LDPE is a thermoplastic made from monomer ethylene which is a very flexible material made with a material that increases impact resistance and is easy to fabricate. LDPE is used in film application due to it being flexible, tough and transparent. LDPE is used to manufacture bottles, lids, wires and cables. Linear alpha olefins market share for polyethylene is predicted to grow at a CAGR of 4.5% by generating a revenue of $4,909.4 million by 2026.

Linear Alpha Olefins Market, by Region

North America is anticipated to have new opportunities for the investors in the forecast period.

Source: Research Dive Analysis

North America is predicted to have the largest market across the globe. 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. North America is predicted to have the largest share due to the huge and diverse industrial base with constant development in the petrochemical and gas & oil infrastructure. Moreover, the presence of vast natural resources is a factor expected to drive the market for this region.

Key participants in Linear alpha olefins market:

Liner alpha olefins top Key players are Qatar Chemical Company Ltd (Q-chem)., Chevron Phillips Chemical Company LLC, Mitsubishi Chemical Corp, Exxon Mobil Corporation, INEOS Oligomers, Petrochemicals Sdn. Bhd, Royal Dutch Shell, Evonik Industries, and JAM Petrochemicals Company among others

Report Scope:

Source: Research Dive Analysis

1. Research Methodology

1.1. Desk Research
1.2. Real time insights and validation
1.3. Forecast model
1.4. Assumptions and forecast parameters

1.4.1. Assumptions
1.4.2. Forecast parameters

1.5. Data sources

1.5.1. Primary
1.5.2. Secondary

2. Executive Summary

2.1. 360° summary
2.2. Product type trends
2.3. Application trends

3. Market overview

3.1. Market segmentation & definitions
3.2. Key takeaways

3.2.1. Top investment pockets
3.2.2. Top winning strategies

3.3. Porter’s five forces analysis

3.3.1. Bargaining power of consumers
3.3.2. Bargaining power of suppliers
3.3.3. Threat of new entrants
3.3.4. Threat of substitutes
3.3.5. Competitive rivalry in the market

3.4. Market dynamics

3.4.1. Drivers
3.4.2. Restraints
3.4.3. Opportunities

3.5. Technology landscape
3.6. Regulatory landscape
3.7. Patent landscape
3.8. Pricing overview

3.8.1. By product type
3.8.2. By application
3.8.3. By region

3.9. Market value chain analysis

3.9.1. Stress point analysis
3.9.2. Raw material analysis
3.9.3. Manufacturing process
3.9.4. Distribution channel analysis
3.9.5. Operating vendors

3.9.5.1. Raw material suppliers
3.9.5.2. Product manufacturers
3.9.5.3. Product distributors

3.10. Strategic overview

4. Linear alpha olefin market, by product type

4.1. 1-Octene

4.1.1. Market size and forecast, by region, 2017-2028
4.1.2. Comparative market share analysis, 2018 & 2028

4.2. 1-Hexene

4.2.1. Market size and forecast, by region, 2017-2028
4.2.2. Comparative market share analysis, 2018 & 2028

4.3. 1-Butene

4.3.1. Market size and forecast, by region, 2017-2028
4.3.2. Comparative market share analysis, 2018 & 2028

4.4. 1-Decene

4.4.1. Market size and forecast, by region, 2017-2028
4.4.2. Comparative market share analysis, 2018 & 2028

4.5. 1-Dodecene

4.5.1. Market size and forecast, by region, 2017-2028
4.5.2. Comparative market share analysis, 2018 & 2028

4.6. Others

4.6.1. Market size and forecast, by region, 2017-2028
4.6.2. Comparative market share analysis, 2018 & 2028

5. Linear alpha olefin market, by application

5.1. Synthetic Lubricants

5.1.1. Market size and forecast, by region, 2017-2028
5.1.2. Comparative market share analysis, 2018 & 2028

5.2. Detergent Alcohol

5.2.1. Market size and forecast, by region, 2017-2028
5.2.2. Comparative market share analysis, 2018 & 2028

5.3. Polyethylene

5.3.1. Market size and forecast, by region, 2017-2028
5.3.2. Comparative market share analysis, 2018 & 2028

5.4. Others

5.4.1. Market size and forecast, by region, 2017-2028
5.4.2. Comparative market share analysis, 2018 & 2028

6. Linear alpha olefin market, by Region

6.1. North Region

6.1.1. Market size and forecast, by type, 2017-2028
6.1.2. Market size and forecast, by application, 2017-2028
6.1.3. Market size and forecast, by end-use, 2017-2028
6.1.4. Market size and forecast, by country, 2017-2028
6.1.5. Comparative market share analysis, 2018 & 2028
6.1.6. U.S

6.1.6.1. Market size and forecast, by type, 2017-2028
6.1.6.2. Market size and forecast, by application, 2017-2028
6.1.6.3. Market size and forecast, by end-use, 2017-2028
6.1.6.4. Comparative market share analysis, 2018 & 2028

6.1.7. Canada

6.1.7.1. Market size and forecast, by type, 2017-2028
6.1.7.2. Market size and forecast, by application, 2017-2028
6.1.7.3. Market size and forecast, by end-use, 2017-2028
6.1.7.4. Comparative market share analysis, 2018 & 2028

6.2. Europe

6.2.1. Market size and forecast, by type, 2017-2028
6.2.2. Market size and forecast, by application, 2017-2028
6.2.3. Market size and forecast, by end-use, 2017-2028
6.2.4. Market size and forecast, by country, 2017-2028
6.2.5. Comparative market share analysis, 2018 & 2028
6.2.6. UK

6.2.6.1. Market size and forecast, by type, 2017-2028
6.2.6.2. Market size and forecast, by application, 2017-2028
6.2.6.3. Market size and forecast, by end-use, 2017-2028
6.2.6.4. Comparative market share analysis, 2018 & 2028

6.2.7. Germany

6.2.7.1. Market size and forecast, by type, 2017-2028
6.2.7.2. Market size and forecast, by application, 2017-2028
6.2.7.3. Market size and forecast, by end-use, 2017-2028
6.2.7.4. Comparative market share analysis, 2018 & 2028

6.2.8. France

6.2.8.1. Market size and forecast, by type, 2017-2028
6.2.8.2. Market size and forecast, by application, 2017-2028
6.2.8.3. Market size and forecast, by end-use, 2017-2028
6.2.8.4. Comparative market share analysis, 2018 & 2028

6.2.9. Italy

6.2.9.1. Market size and forecast, by type, 2017-2028
6.2.9.2. Market size and forecast, by application, 2017-2028
6.2.9.3. Market size and forecast, by end-use, 2017-2028
6.2.9.4. Comparative market share analysis, 2018 & 2028

6.2.10. Rest of Europe

6.2.10.1. Market size and forecast, by type, 2017-2028
6.2.10.2. Market size and forecast, by application, 2017-2028
6.2.10.3. Market size and forecast, by end-use, 2017-2028
6.2.10.4. Comparative market share analysis, 2018 & 2028

6.3. Asia-Pacific

6.3.1. Market size and forecast, by type, 2017-2028
6.3.2. Market size and forecast, by application, 2017-2028
6.3.3. Market size and forecast, by end-use, 2017-2028
6.3.4. Market size and forecast, by country, 2017-2028
6.3.5. Comparative market share analysis, 2018 & 2028
6.3.6. China

6.3.6.1. Market size and forecast, by type, 2017-2028
6.3.6.2. Market size and forecast, by application, 2017-2028
6.3.6.3. Market size and forecast, by end-use, 2017-2028
6.3.6.4. Comparative market share analysis, 2018 & 2028

6.3.7. India

6.3.7.1. Market size and forecast, by type, 2017-2028
6.3.7.2. Market size and forecast, by application, 2017-2028
6.3.7.3. Market size and forecast, by end-use, 2017-2028
6.3.7.4. Comparative market share analysis, 2018 & 2028

6.3.8. Japan

6.3.8.1. Market size and forecast, by type, 2017-2028
6.3.8.2. Market size and forecast, by application, 2017-2028
6.3.8.3. Market size and forecast, by end-use, 2017-2028
6.3.8.4. Comparative market share analysis, 2018 & 2028

6.3.9. South Korea

6.3.9.1. Market size and forecast, by type, 2017-2028
6.3.9.2. Market size and forecast, by application, 2017-2028
6.3.9.3. Market size and forecast, by end-use, 2017-2028
6.3.9.4. Comparative market share analysis, 2018 & 2028

6.3.10. Australia

6.3.10.1. Market size and forecast, by type, 2017-2028
6.3.10.2. Market size and forecast, by application, 2017-2028
6.3.10.3. Market size and forecast, by end-use, 2017-2028
6.3.10.4. Comparative market share analysis, 2018 & 2028

6.3.11. Rest of Asia Pacific

6.3.11.1. Market size and forecast, by type, 2017-2028
6.3.11.2. Market size and forecast, by application, 2017-2028
6.3.11.3. Market size and forecast, by end-use, 2017-2028
6.3.11.4. Comparative market share analysis, 2018 & 2028

6.4. LAMEA

6.4.1. Market size and forecast, by type, 2017-2028
6.4.2. Market size and forecast, by application, 2017-2028
6.4.3. Market size and forecast, by end-use, 2017-2028
6.4.4. Market size and forecast, by country, 2017-2028
6.4.5. Comparative market share analysis, 2018 & 2028
6.4.6. Middle East

6.4.6.1. Market size and forecast, by type, 2017-2028
6.4.6.2. Market size and forecast, by application, 2017-2028
6.4.6.3. Market size and forecast, by end-use, 2017-2028
6.4.6.4. Comparative market share analysis, 2018 & 2028

6.4.7. Africa

6.4.7.1. Market size and forecast, by type, 2017-2028
6.4.7.2. Market size and forecast, by application, 2017-2028
6.4.7.3. Market size and forecast, by end-use, 2017-2028
6.4.7.4. Comparative market share analysis, 2018 & 2028

7. Company profiles

7.1. Qatar Chemical Company Ltd (Q-chem)

7.1.1. Business overview
7.1.2. Financial performance
7.1.3. Product portfolio
7.1.4. Recent strategic moves & developments
7.1.5. SWOT analysis

7.2. Chevron Phillips Chemical Company LLC

7.2.1. Business overview
7.2.2. Financial performance
7.2.3. Product portfolio
7.2.4. Recent strategic moves & developments
7.2.5. SWOT analysis

7.3. Mitsubishi Chemical Corp

7.3.1. Business overview
7.3.2. Financial performance
7.3.3. Product portfolio
7.3.4. Recent strategic moves & developments
7.3.5. SWOT analysis

7.4. Exxon Mobil Corporation

7.4.1. Business overview
7.4.2. Financial performance
7.4.3. Product portfolio
7.4.4. Recent strategic moves & developments
7.4.5. SWOT analysis

7.5. INEOS Oligomers

7.5.1. Business overview
7.5.2. Financial performance
7.5.3. Product portfolio
7.5.4. Recent strategic moves & developments
7.5.5. SWOT analysis

7.6. Petrochemicals(M) Sdn.Bhd

7.6.1. Business overview
7.6.2. Financial performance
7.6.3. Product portfolio
7.6.4. Recent strategic moves & developments
7.6.5. SWOT analysis

7.7. Royal Dutch Shell

7.7.1. Business overview
7.7.2. Financial performance
7.7.3. Product portfolio
7.7.4. Recent strategic moves & developments
7.7.5. SWOT analysis

7.8. Evonik Industries

7.8.1. Business overview
7.8.2. Financial performance
7.8.3. Product portfolio
7.8.4. Recent strategic moves & developments
7.8.5. SWOT analysis

7.9. JAM Petrochemicals Company

7.9.1. Business overview
7.9.2. Financial performance
7.9.3. Product portfolio
7.9.4. Recent strategic moves & developments
7.9.5. SWOT analysis

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