Linear Alpha Olefins Market Size By Product (1-Butene, 1-Hexene, 1-Octene, 1-Decene, 1-Dodecene, 1-Tetradecene, 1-Hexadecene, 1-Octadecene), By Application (LLDPE, HDPE, PAO, Detergent Alcohols, Oil Field Chemicals, Lubricants, Plasticizers), Regional Outlook, Competitive Market Share & Forecast, 2017 – 2024

Published Date: Nov 2017  |  Report ID: GMI2182  |  Authors: Kunal Ahuja, Sonal Singh

Report Format: PDF   |   Pages: 175   |   Base Year: 2016




Summary Table of Contents Industry Coverage Methodology

Industry Trends

Linear Alpha Olefins Market size was over USD 12.5 billion in 2016 and consumption may exceed 7 million tons by 2024.
 

U.S. Linear Alpha Olefins Market Size, By Application, 2016 & 2024 (USD Million)
 U.S. Linear Alpha Olefins Market Size, By Application, 2016 & 2024 (USD Million)

Get more details on this report - Request Free Sample PDF
 

Positive application outlook in detergent alcohols, lubricants, oilfield chemicals, and plasticizers should drive linear alpha olefins (LAO) market size. It is extensively used as co-monomers for polypropylene and polyethylene production, thereby favoring product demand. 
 

Growing polyethylene demand in packaging industry should stimulate linear alpha olefins market size. Global packaging market size was over USD 800 billion in 2016 and should witness significant gains owing to new packaging materials development. Rising linear low-density polyethylene (LLDPE) demand for its wide application usage in food packaging, shrink films, automotive, household products, and agriculture is likely to contribute towards industry growth.
 

Poly alpha olefins (PAO) are derived from LAO and is widely used in synthetic lubricants production. Synthetic lubricants market is expected to witness significant gains at over 3% by 2024. 1-Decene is a major PAO building block which finds application in automatic gearbox transmission fluids for automotive, turbine and machinery due to lubricating properties with high viscosity index, high oxidative and thermal stability, low volatility, and high auto ignition points, thereby reducing engine friction, improving efficiency, and longer service life.
 

Growth of consumer goods and automotive industries may have a positive influence on oilfield drilling sector should drive linear alpha olefins market demand. Growing automotive sales along with rise in per-capita income should boost industry growth. Stringent policies for carbon emission in automotive industry may impact engine design and hinder overall industry growth.
 

Key raw material used in commercial production includes ethylene, C4 steam and syn-gas. Fluctuating raw material prices due to volatile crude oil & gas market may hinder profitability and affect linear alpha olefins price trend.
 

Linear Alpha Olefins Market Report Coverage
Report Coverage Details
Base Year: 2016
Historical Data for: 2013 to 2016 Forecast Period: 2017 to 2024
Pages: 175 Tables, Charts & Figures: 183
Geographies covered (20): U.S., Canada, Mexico, Germany, UK, France, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Thailand, Malaysia, Brazil, South Africa, Saudi Arabia, UAE
Segments covered: Product, Application, and Region
Companies covered (11): INEOS Oligomers, Royal Dutch Shell plc, Sasol, Chevron Phillips Chemical Company, Idemitsu Kosan Co.Ltd, Nizhnekamskneftekhim, SABIC, Qatar Chemical Company Ltd, Jam Petrochemical Company, Evonik Industries AG, Exxon Mobil Corporation

Request 15% Free Customization on this Report
 

Linear Alpha Olefins Market, By Product

1-Butene product segment in linear alpha olefins market should witness significant gains of over 4.5% during forecast period owing to its extensive application scope in manufacturing commodity polymers including polyethylene and polypropylene. It is majorly used in the production of HDPE and LLDPE, which is extensively used in flexible packaging, and automotive industries, thereby stimulating industry growth.
 

1-Decene product segment should surpass USD 2.5 billion by 2024 due to its wide application scope in production of synthetic lubricants. Increasing usage mainly in automotive and industrial application owing to high density and viscosity supported by growth in automobile industry which should propel linear alpha olefins industry growth.
 

1-Hexene product segment should have significant growth during forecast period and can be attributed to growth in automotive, consumer goods and oilfield drilling activities. Positive indicators in plastic industry owing to shift in consumer preference towards compact and strong end-use products should propel market growth.
 

Linear Alpha Olefins Market, By Application

Linear alpha olefins market size from oilfield chemical application is expected to grow at over 3.5% during forecast timeframe owing to growing energy demand accompanied with technological advancements in shale oil & gas extraction and drilling in the U.S.  
 

LLDPE application sector should surpass USD 10 billion by 2024 due to extensive application scope in polymer industry. Key properties including high impact resistance and superior tensile strength has led to increase in usage over other polymer materials supported by lenient regulations mainly in India, China and Brazil should have positive influence on industry growth. 
 

Linear Alpha Olefins Market, By Region

Europe linear alpha olefins market size should witness gains at over 3.5% during forecast timeframe. This growth can be attributed to presence of major automobile manufacturers in the region and stringent emission control regulations set forth by government agencies. Rise in per capita income coupled with increasing demand for plastic based products will further drive product demand.
 

China market share will grow significantly exceeding over USD 1.5 billion by 2024. Growing adoption of synthetic lubricants in automobiles due to high performance and fuel efficiency along with reducing environmental impact should favor regional growth. Supporting regulations pertaining to production and usage of polymer is likely to act as another contributing factor towards regional product demand.
 

Germany LAO market size will witness significant gains owing to product demand from synthetic lubricant for its use in automobile applications. Increasing production levels from detergent alcohol in the region should further drive regional product demand.
 

Competitive Market Share

Linear alpha olefins market share is moderately fragmented with participants including Shell, INEOS, Sasol, SABIC, Exxon Mobil and Chevron Phillips.
 

Industry participants are focusing on strategic alliances, collaborations and partnerships to develop manufacturing technology and expand regional presence. They also concentrate on capacity augmentation and reducing production cost.
 

Linear Alpha Olefins Industry Background  

Linear alpha olefins are olefins or alkenes with long chain unsaturated hydrocarbon. They are essentially synthesized from ethylene, C4 and syn-gas following full range or on purpose process. The most commonly used commercial method for production include oligomerization of ethylene that produces even numbered carbon chains ranging from C4-C30.The double bond between the carbon determines its chemical properties and its ability for polymerization and metatheisis.
 


Buy Now

Single User: $5,150 Access to only 1 person; cannot be shared; cannot be printed
Multi User: $7,150 Access for 2 to 5 users only within same department of one company
Enterprise User: $9,150 Access to a company wide audience; includes subsidiary companies or other companies within a group of companies

Need a Discount? Get in touch with us for special pricing

Request Discount

Connect with our sales team

Why Global Market Insights, Inc.?

Reliability & accuracy

  • GMI is unparalleled when to comes to the quality of research and information provided to clients. Our unique methodology is designed to ensure a minimum of 90% accuracy to give our clients excellent value on their investment.

Quality & trust


  • BBB Rating - Click to Verify

Customer service

  • Over 200 experts are available across various time-zones, ready to serve clients for their research needs. Our industry experts help clients to design reports customized to their needs.

Security & compliance

We use cookies to enhance your experience. By continuing to visit this site you agree to our use of cookies. More info X