Market Overview:
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 is a hydrocarbon that belongs to the alkene group and consists of a chain of ten carbon atoms with one double bond. It is a white, clear, mobile liquid with a pleasant odor that is toxic in nature. It is commonly produced by the oligomerization of ethylene or by cracking higher carbon content petroleum waxes. 1-Decene is widely used as a monomer in copolymers and as an intermediate in the production of oxo alcohols, epoxides, alkylated aromatics, amines, and synthetic fatty acids. It is usually stored under a nitrogen blanket and exhibits anti-corrosive properties. As a result, it is used in perfumes, oils, dyes, pharmaceuticals, resins, dough dividing machines, industrial gear systems, automatic transmission engines, and marine applications.
1-Decene Market Trends:
The increasing utilization of 1-decene in the production of polyalphaolefin (PAO) is creating a positive outlook for the market. PAO is a synthetic lubricant that is widely utilized in the automotive and manufacturing industries as a transmission, compressor, lube-oil added substance and gear oil. Apart from this, the rising consumption of packaged food products is acting as another growth-inducing factor as 1-decene is employed to produce polymers, such as polyethylene, that are used to pack these items. They are also used as food additives, glazing and polishing agents, which, in turn, has intensified their adoption in the food and beverage (F&B) industry. Additionally, 1-decene is widely used as a chemical intermediate in the production of detergents and their derivates that are further incorporated in the manufacturing of industrial surfactants. This is facilitating their usage in end use industries, which is consequently creating a positive outlook for the market. Other factors, including the rising expenditure capacities of consumers, decrease in the prices of raw materials, and significant expansion in the automotive industry, are anticipated to drive the market toward growth.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global 1-decene market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on derivative, grade and application.
Breakup by Derivative:
- Polyalphaolefins
- Oxo Alcohols
- Linear Alkyl Benzene
- Linear Mercaptans
- Chlorinated Alpha Olefins
- Others
Breakup by Grade:
Breakup by Application:
- Surfactants
- Plasticizers
- Synthetic Lubricants
- Polyethylene
- Others
Breakup by Region:
- North America
- Asia-Pacific
- China
- Japan
- India
- South Korea
- Australia
- Indonesia
- Others
- Europe
- Germany
- France
- United Kingdom
- Italy
- Spain
- Russia
- Others
- Latin America
- Middle East and Africa
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being 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.
Report Coverage:
Report Features |
Details |
Base Year of the Analysis |
2022 |
Historical Period |
2017-2022 |
Forecast Period |
2023-2028 |
Units |
US$ Billion |
Segment Coverage |
Derivative, Grade, Application, Region |
Region Covered |
Asia Pacific, Europe, North America, Latin America, Middle East and Africa |
Countries Covered |
United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico |
Companies Covered |
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. |
Customization Scope |
10% Free Customization |
Report Price and Purchase Option |
Single User License: US$ 2499
Five User License: US$ 3499
Corporate License: US$ 4499 |
Post-Sale Analyst Support |
10-12 Weeks |
Delivery Format |
PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |