According to the latest report by IMARC Group, title “1-Decene Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028“, 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.
1-Decene refers to a hydrocarbon that consists of a chain of ten carbon atoms with one double bond and belongs to the alkene group. In terms of grade, it can be categorized into bio-based and synthetic types. These 1-Decene chemicals are mostly produced by the oligomerization of ethylene and by breaking higher carbon content petroleum waxes. They are commonly utilized as a monomer in copolymers and act as essential intermediates in the production of synthetic lubricants, epoxides, amines, oxo alcohols, alkylated aromatics, etc. 1-Decene compounds are further employed in the production of poly alpha olefins (PAO) which are used as high-performance synthetic lubricants for automatic transmission engines and industrial gear systems. Consequently, they find extensive applications across numerous sectors, such as automobile, manufacturing, oil and gas, food and beverage (F&B), etc.
Request for a Free Sample Copy of This Report: https://www.imarcgroup.com/1-decene-market/requestsample
1-Decene Market Trends:
The rising demand from the F&B segment for effective food additives and glazing and polishing agents is primarily driving the 1-Decene market. Besides this, the increasing product usage as an intermediate in the production of detergents and their derivatives is acting as another significant growth-inducing factor.
Moreover, the growing automotive industry and the shifting preferences towards synthetic lubricants for engines are also positively influencing the global market. In line with this, the elevating employment of the product as compressor oil, transmission oil, gear oil, and lube-oil additive is expected to catalyze the 1-Decene market in the coming years.
Click here to view detailed information with table of content: https://www.imarcgroup.com/1-decene-market
| 1-Decene Market Report Scope | |
| Report Coverage | Details |
| Market size value in 2022 | US$ 1.2 Billion |
| Market forecast in 2028 | US$ 1.7 Billion |
| Growth Rate | CAGR of 5.8% from 2023 to 2028 |
| Base year for estimation | 2022 |
| Historical data | 2017-2022 |
| Forecast period | 2023-2028 |
| Report coverage | Revenue forecast, company ranking, competitive landscape, growth factors, and trends |
| Segments covered | Derivative, Grade, Application and Region |
| Market Dynamics | Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, market condition analysis for forecast period, |
| Customization preview | If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
Key Market 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 Geography:
- North America: (United States, Canada)
- Asia Pacific: (China, Japan, India, South Korea, Australia, Indonesia, Others)
- Europe: (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
- Latin America: (Brazil, Mexico, Others)
- Middle East and Africa
List of Key Companies Covered in this Market Report:
The major players in the market are Alfa Aesar (Thermo Fisher Scientific), Angene Chemical Private Limited, Chevron Phillips Chemical Company LLC, Gelest Inc. (Mitsubishi Chemical Corporation), Idemitsu Kosan Company Ltd., Ineos Group Ltd, Merck KGaA, PJSC Nizhnekamskneftekhim, Saudi Basic Industries Corporation and Spectrum Laboratory Products Inc.
Ask Analyst for 10% free customized report: https://www.imarcgroup.com/request?type=report&id=6040&flag=C
Note: We are updating our reports, if you want the report with the latest primary and secondary data (2023-2028) including industry trends, market size and competitive landscape, etc. click request free sample report, published report will be delivered to you in PDF format via email within 24 to 48 hours.
About IMARC Group:
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.
Media Contact:
Company Name: IMARC Group
Contact Person: Elena Anderson
Email: sales@imarcgroup.com
Phone: +1-631-791-1145
Address: 134 N 4th St.
City: Brooklyn
State: NY
Country: United States
