Dublin, June 15, 2023 (GLOBE NEWSWIRE) -- The "1-Decene: Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.
The global market for 1-Decene estimated at US$611.4 Million in the year 2022, is projected to reach a revised size of US$1 Billion by 2030, growing at a CAGR of 7% over the analysis period 2022-2030.
Polyalphaolefins, one of the segments analyzed in the report, is projected to record a 7.4% CAGR and reach US$745.4 Million by the end of the analysis period.
Taking into account the ongoing post pandemic recovery, growth in the Oxo Alcohols segment is readjusted to a revised 6.3% CAGR for the next 8-year period.
The U.S. Market is Estimated at $147.9 Million, While China is Forecast to Grow at 10.2% CAGR
The 1-Decene market in the U.S. is estimated at US$147.9 Million in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$136.2 Million by the year 2030 trailing a CAGR of 10.2% over the analysis period 2022 to 2030.
Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 3.8% and 5.9% respectively over the 2022-2030 period.
Within Europe, Germany is forecast to grow at approximately 4.4% CAGR. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$111.6 Million by the year 2030.
Select Competitors (Total 38 Featured) -
- Angene International Limited
- Chevron Phillips Chemical Company, LLC
- Exxon Mobil Corporation
- Gelest, Inc.
- Idemitsu Kosan Co.,Ltd.
- Ineos Group Limited
- MERCK KGaA
- PJSC Nizhnekamskneftekhim
- Qatar Chemical Company Ltd.
- Royal Dutch Shell plc
- Saudi Basic Industries Corporation
- Sea-Land Chemical Company
- Spectrum Chemical Mfg. Corp.
- Thermo Fisher Scientific India Private Limited
- Tokyo Chemical Industry Co., Ltd.
- Toronto Research Chemicals Inc.
Key Attributes:
| Report Attribute | Details |
| No. of Pages | 251 |
| Forecast Period | 2022 - 2030 |
| Estimated Market Value (USD) in 2022 | $611.4 Million |
| Forecasted Market Value (USD) by 2030 | $1000 Million |
| Compound Annual Growth Rate | 6.3% |
| Regions Covered | Global |
Key Topics Covered:
I. METHODOLOGY
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
- 1-Decene - Global Key Competitors Percentage Market Share in 2022 (E)
- Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
- A Prelude to Decene and 1-Decene
- An Insight into 1-Decene
- Impact of Covid-19 and a Looming Global Recession
- 2020 Marked as a Year of Disruption & Transformation
- As the Race between the Virus & Vaccines Intensifies, Where is the World Economy Headed in 2021
- World Economic Growth Projections (Real GDP, Annual % Change) for 2020 through 2022
- Global Market Prospects and Outlook
- Global 1-Decene Market Set for a Rapid Growth
- PAOs Set to Drive Growth of the Global 1-Decene Market
- Developed Regions Dominate, Developing to Exhibit Significant Growth
- Competitive Scenario
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
- Steady Growth in Poly Alpha Olefin Demand to Drive the Global 1-Decene Market
- Industrial Segment to Hold Major Revenue Share of PAO Market
- Growing Oxo Alcohols Market - A Growth Propeller for 1-Decene
- Supply of Ethylene Set to Rise, Bio-Based Production of Alpha Olefins to Gain Momentum
- Growing Demand for Lubricants Augments Market Prospects
- World Lubricants Market Revenues (in US$ Billion) for 2019, 2021 & 2023
- Breakdown of World Industrial Lubricants Market Revenues (in %) by Application for 2021
- Projected Rise in Auto Sales & Vehicle Miles Boosts Market Demand
- Average Age of Light Vehicles (Cars & Light Trucks) in the United States for the Years 2010 through 2017
- Average Age of Cars, Vans and Truck and Buses in the European Union (EU-27) for the Years 2016 and 2018
- Sales of New PCs in Select European Countries: 2012-2019
- Sales of New PCs in Americas Region, including Canada, Mexico, and United States of America: 2012-2019
- Sales of New PCs in ASIA/OCEANIA/MIDDLE EAST Region, Including Australia, China, India, Qatar, Saudi Arabia, Singapore, and South Korea: 2012-2019
- Sales of Commercial Vehicles in Select European Countries: 2012-2019
- Sales of Commercial Vehicles in Americas Region: 2012-2019
- Sales of CVs in ASIA/OCEANIA/MIDDLE EAST Region: 2012-2019
- How the Automotive Industry Is Impacted by the Pandemic & What's the New Normal?
- Global Automotive Market Reset & Trajectory - Growth Outlook (In %) For Years 2019 Through 2025
- Increased Importance of Lubricants in Automotive Servicing Augurs Well for Market Growth
- Expanding Machine Tools Sector Spurs Demand Growth
- Global Machine Tools Market (2019): Percentage Share Breakdown of Demand by End-Use Industries
- Manufacturing PMI: An Important Bellwether
- Global Manufacturing Purchasing Managers' Index (PMI) for the Years 2018 through 2020
- Global Manufacturing Purchasing Managers' Index (PMI) for Jan 2019 to November 2020
- Rising Focus on Wind Energy to Benefit 1-Decene Market
- Growing Demand for Polyethylene in Food and Beverage Sector to Drive 1-Decene Market
- Global Packaged Food Sales in US$ Trillion: 2014-2024
- Global Packaged Beverages Market by Material Type (2020): Percentage Share Breakdown by Beverage Volume
- Global Consumption of Packaged Beverages by Type (2019 & 2025): Percentage Share Breakdown by Volume
- Increasing Demand for Surfactants in Home Care and Personal Care Products to Drive the Demand for 1-Decene
- Global Surfactants Market by End-Use Sector (2020): Percentage Breakdown of Consumption Volume for Agricultural Chemicals, Food Processing, Household Detergents, Industrial Cleaners, Personal Care and Others
- Sustained Opportunities in the Plasticizers Domain
- World Plasticizers Market Revenues (in US$ Billion) for 2019, 2021 & 2023
4. GLOBAL MARKET PERSPECTIVE
III. MARKET ANALYSIS
IV. COMPETITION
For more information about this report visit https://www.researchandmarkets.com/r/a8fxke
About ResearchAndMarkets.com
ResearchAndMarkets.com is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.
Attachment
