Market Leader - Alpha Olefins Market

 The alpha olefins market size is projected to reach USD 13,464.2 million by 2022 from USD 8,761.2 million in 2016, at a CAGR of 7.8%. The rising demand from the end-use industries such as plastics and automotive is driving the market of alpha olefins. Alpha olefins are used in the production of polyethylene. Thus, the increasing demand from the plastics industry for polyethylene production is expected to drive the market for alpha olefins.

♦ Download PDF Brochure -https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=1282

North America to account for the largest share of the global alpha olefins market during the forecast period

In this study, the alpha olefins market is segmented into five major regions, namely, Asia-Pacific, Europe, North America, Middle East Asia & Africa, and South America. North America is the largest market for alpha olefins.The region has a huge potential for the alpha olefins market as the region has a vast and varied industrial base. The growth in North America is mainly attributed to the continuous expansion of oil & gas and petrochemical infrastructure in the U.S., Canada, and Mexico. North America is considered as a potential investment hub for alpha olefins production by several domestic as well as foreign players because of its vast natural resources reserves. It houses some of the top regional players such as Chevron Phillips Chemical Company (U.S.) and ExxonMobil. (U.S.). The high growth in the region is likely to be backed by the increasing demand from the plastics industry coupled with the rising awareness of environment-friendly products.

Premium Insights -
    4.1 Growth Opportunities for the Alpha Olefins Manufacturers Between 2016 and 2022
    4.2 Global Alpha Olefins Market to Grow at A Steady Rate
    4.3 Asia-Pacific Aplha Olefins Market Scenario By Country and Application
    4.4 Leading Countries in the Alpha Olefins Market, 2017
   4.5 Alpha Olefins Market in 2017, By Application

♦ Request Free Sample Report –https://www.marketsandmarkets.com/requestsampleNew.asp?id=1282

Key Questions Addressed by the Report

• Who are the major market players in the alpha olefins market?
• What are the regional growth trends and the largest revenue-generating regions for the alpha olefins market?
• Which are the significant regions for different industries that are projected to witness remarkable growth for the alpha olefins market?
• What are the major types of alpha olefins that are projected to gain maximum market revenue and share during the forecast period?
• Which is the major type of source where alpha olefins are used that will be accounting for the majority of the revenue over the forecast period?

Market Leader - Alpha Olefins Market

The global market for alpha olefins is expected to witness high growth between 2017 and 2022. Increasing demand from end-use industries such as automobiles and packaging are expected to drive the alpha olefins market. Shale gas, which is rich is olefin content, has been discovered in several countries recently, and thus has led to an expansion of the olefin industry. Abundant availability of cheap natural gas-based feedstock from North America’s highly productive shale has led to the growth of the alpha olefins industry. This increase in the availability of ethane and propane feedstock from shale gas has prompted nearly all major North American alpha olefin producers to announce ethylene/propylene or alpha olefins capacity additions.

Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=1282

The global alpha olefins market has a large number of market players; however the market is led by some major players, such as Shell (The Netherlands), Chevron Phillips (US), Ineos (Switzerland), SABIC (Saudi Arabia), Sasol (South Africa), Evonik (Germany), Dow Chemical (US), ExxonMobil (US), PJSC Nizhnekamskneftekhim (Russia), and Qatar Chemical Company Ltd. (Qatar), among others.

Growth of the automobile and packaging industries in the Asia-Pacific is also expected to lead to the growth of the alpha olefins market. Additionally, factors such as increasing population, higher disposable incomes, higher standards of living, rising consumption of packaged food, and increasing automobile manufacturing facilities are also expected to contribute to its growth in the region.

Market Segmentation, by Application:

• Polyolefin Co-monomers
• Surfactants and Intermediates
• Lubricants
• Fine Chemicals
• Plasticizers
• Oil Field Chemicals
• Others

Speak to Analyst: https://www.marketsandmarkets.com/speaktoanalystNew.asp?id=1282

The oil field chemicals application is projected to register the highest CAGR in the alpha olefins market during the forecast period.

The discovery of oil fields in the emerging regions is boosting the demand for specialty oil field chemicals, which is expected to fuel the alpha olefins market in the oil field chemicals segment during the forecast period. The second fastest-growing application of alpha-olefins is polyolefin comonomers. The advancement of polymer technology and demand from the packaging industry are the main drivers for the market in this segment.

The Oil Field Chemicals Application is Projected to Register the Highest CAGR in the Alpha Olefins Market during the Forecast Period

The Alpha Olefins Market is projected to grow from USD 9.3 billion in 2017 to reach USD 13.5 billion by 2022, at a compound annual growth rate (CAGR) of 7.8% during the forecast period. The market is driven by the growing demand for automobiles & plastics and the growth of the major application segments such as polyolefin co-monomers, surfactants and intermediates, and lubricants.

Download PDF Brochure: http://bit.ly/2y9ooGY

The alpha olefins market is characterized by the presence of players such as Chevron Phillips (US), Shell (Netherlands), Ineos (Switzerland), Sasol (South Africa), SABIC (Saudi Arabia), Evonik (Germany), ExxonMobil (US), Dow Chemical (US), Qatar Chemical Company Ltd (Qatar), and PJSC Nizhnekamskneftekhim (Russia), among others.

Market Segmentation, by Application:

• Polyolefin Co-monomers
• Surfactants and Intermediates
• Lubricants
• Fine Chemicals
• Plasticizers
• Oil Field Chemicals
• Others

Growth of the automobile and packaging industries in the Asia-Pacific is also expected to lead to the growth of the alpha olefins market. Additionally, factors such as increasing population, higher disposable incomes, higher standards of living, rising consumption of packaged food, and increasing automobile manufacturing facilities are also expected to contribute to its growth in the region.

Most of these companies are leaders in the alpha olefins market and are focusing on capturing the full value chain to achieve economies of scale and product innovations in order to strengthen their market shares.

Market players are concentrating on expanding their product portfolios and developing cost-effective technologies. The companies are investing in establishing new facilities mainly in emerging regions so as to increase their global reach. These developments are being undertaken to meet the increasing demand for alpha olefins for various applications.

Speak to Analyst: http://bit.ly/2y923cr

Shell (The Netherlands) is amongst the leading suppliers of alpha olefins. The company adopted expansions as a strategy to maintain its premium position in the market. For instance, in November 2015, it expanded its production capacity at its chemical manufacturing site in Louisiana (US). Similarly, in March 2015, it also invested at its Wesseling (Germany) plant to upgrade the steam cracking unit to produce heavy olefins and aromatics.

Chevron Phillips (US) also adopted the expansions strategy to sustain its premium market position. For instance, in December 2014, it expanded its ethylene business by increasing production capacity at its manufacturing facility in Texas. This expansion helped the company in supporting the growth of its olefins business.

Contact -
Mr. Shelly Singh
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : +1-888-600-6441
Email: newsletter@marketsandmarkets.com

Polyolefins Comonomers Application of Alpha Olefins to Dominate the Market Globally

The global market for alpha olefins is expected to witness high growth between 2017 and 2022. Increasing demand from end-use industries such as automobiles and packaging are expected to drive the alpha olefins market. Shale gas, which is rich is olefin content, has been discovered in several countries recently, and thus has led to an expansion of the olefin industry. Abundant availability of cheap natural gas-based feedstock from North America’s highly productive shale has led to the growth of the alpha olefins industry. This increase in the availability of ethane and propane feedstock from shale gas has prompted nearly all major North American alpha olefin producers to announce ethylene/propylene or alpha olefins capacity additions.

Speak to Research Expert for more info: http://bit.ly/2J7HUMg

The global alpha olefins market has a large number of market players; however the market is led by some major players, such as Shell (The Netherlands), Chevron Phillips (US), Ineos (Switzerland), SABIC (Saudi Arabia), Sasol (South Africa), Evonik (Germany), Dow Chemical (US), ExxonMobil (US), PJSC Nizhnekamskneftekhim (Russia), and Qatar Chemical Company Ltd. (Qatar), among others.

Most of these companies are leaders in the alpha olefins market and are focusing on capturing the full value chain to achieve economies of scale and product innovations in order to strengthen their market shares.


Polyolefin co-monomers application accounted for the largest share in 2016

The polyolefin co-monomers segment is projected to be the largest market for alpha olefins from 2017 to 2022, owing to the rapid growth of the plastics industry in the Asia-Pacific. Factors such as rising disposable incomes; rising living standards; flexible government taxation policies; rapid technological advancements in products & product offerings, by major international and domestic players, at competitive prices; are a few of the major factors driving the market for plastics, which in turn are driving the alpha olefins market in the polyolefin co-monomers application.

1-Butene is expected to be the fastest-growing segment in the alpha olefins market

The main reason for the high demand for 1-Butene can be attributed to the increasing consumption of plastics and automobiles, which are its largest end-use industries. The growing plastics industry worldwide drives the market for 1-Butene, and demand is expected to be higher in emerging countries. The rising demand for plastic packaging in food, pharmaceutical, and other industries is boosting the plastics market, which in turn is expected to drive the alpha olefins market. 1-Butene is used as a copolymer in the production of gasoline, butadiene, and other products, which increases its scope of applications.

Get 10% Free Customization: http://bit.ly/2HbRMmr

Growth of the automobile and packaging industries in the Asia-Pacific is also expected to lead to the growth of the alpha olefins market. Additionally, factors such as increasing population, higher disposable incomes, higher standards of living, rising consumption of packaged food, and increasing automobile manufacturing facilities are also expected to contribute to its growth in the region.



Market players are concentrating on expanding their product portfolios and developing cost-effective technologies. The companies are investing in establishing new facilities mainly in emerging regions so as to increase their global reach. These developments are being undertaken to meet the increasing demand for alpha olefins for various applications.


Contact:
Mr. Shelly Singh
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : +1-888-600-6441
Email: newsletter@marketsandmarkets.com