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Linear Alpha Olefins Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027

Market Overview:

The global linear alpha olefins market size reached US$ 8.8 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 11.7 Billion by 2027, exhibiting a growth rate (CAGR) of 4.9% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use industries. These insights are included in the report as a major market contributor.

Linear alpha olefins (LAOs) are unbranched alkenes or hydrocarbons joined by linear chains and one double bond at the first carbon atom of the chain. They are either produced by the oligomerization of ethylene molecules or by Fischer-Tropsch synthesis, followed by purification. They help enhance the toughness, tear strength, and impact resistance of polymers, making them suitable for being used in the production of toys, grocery bags, and food and beverage containers. They are also used as co-monomers for manufacturing polyethylene, plastic packaging, inks, waxes, cosmetic emollients, color concentrates, high-performing engines, and industrial oils. Besides this, LAOs are tailored to meet individual specifications and provide vast options for new chemical development.

 

 
 

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Note: Values and trends in the above chart consists of dummy data and are only shown here for representation purpose. Kindly contact us for the actual market size and trends.

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Linear Alpha Olefins Market Trends:

Rapid industrialization and the escalating demand for polyethylene (PE) in numerous industry verticals represent one of the key factors positively influencing the market. LAOs are widely used as co-monomers in the manufacturing of linear low-density polyethylene (LLDPE) and high-density polyethylene (HDPE). In addition, there is a rise in the widespread adoption of the product in the burgeoning automotive industry to maintain and manage the spare parts of motorized vehicles. Apart from this, LAOs are utilized as raw materials in pulp and paper, pharmaceutical, coatings, and cosmetic industries to prepare various finished products. Furthermore, leading market players are employing advanced technologies to improve the cost-efficiency and productivity of the LAOs. They are focusing on introducing organic variants that help reduce waste and support environmental health. Moreover, increasing investments in research and development (R&D) projects to develop more advanced product variants are expected to propel market growth.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the global linear alpha olefins market report, along with forecasts at the global, regional and country level from 2022-2027. Our report has categorized the market based on type and end use.

Breakup by Type:

 

 
 

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  • Butene
  • Hexene
  • Octene
  • Decene
  • Dodecene
  • Tetradecene
  • Hexadecene
  • Octadecene
  • Eicosene
  • Others
     

Butene currently dominates the market due to the presence of a double bond, which makes this compound highly reactive and suitable for numerous applications.

Breakup by End Use:

  • LLDPE
  • Detergent Alcohols
  • HDPE
  • Lubricants
  • LDPE
  • Others
     

LLDPE holds the majority of the market share as it is extensively used in manufacturing films and packaging due to its flexibility and toughness. It also provides resistance against various harmful chemicals.

Regional Insights:

  • North America
  • Middle East
  • Western Europe
  • South America
  • Others
     

North America enjoys the leading position in the market as it is the largest producer and consumer of LAOs across the globe. Additionally, the existence of numerous manufacturing companies and continuous upgradation in the petrochemical and oil and gas infrastructure are strengthening the market growth in this region.

Competitive Landscape:

The report has also analyzed the global competitive landscape of the linear alpha olefins market. Some of the major players operating in this market include - Shell International B.V., Chevron Phillips Chemical Company LLC, INEOS AG, Sasol LTD, The Dow Chemical Company, and Exxon Mobil Corporation.

The essential aspects of the global linear alpha olefins market evaluated in the report include:

  • Market trends
  • Impact of COVID-19
  • Major regions
  • Key types
  • Key end uses
  • Key manufacturers
  • Price trends
  • Raw material requirements
  • Chemical reactions involved in the manufacturing process
  • Major importers and exporters
  • Value chain analysis
  • Market trends for major feedstocks
  • Price trends for major feedstocks
  • Key regions for major feedstocks
  • Key end-uses for major feedstocks
  • Key players for major feedstocks
     

Report Coverage:

Report Features Details
Base Year of the Analysis 2021
Historical Period 2016-2021
Forecast Period 2022-2027
Units US$ Billion, Million Tons
Segment Coverage Type, End User, Region
Region Covered North America, Middle East, Western Europe, South America, Others
Companies Covered Shell International B.V., Chevron Phillips Chemical Company LLC, INEOS AG, Sasol LTD, The Dow Chemical Company, and Exxon Mobil Corporation
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)

1   Preface
2   Research Methodology
3   Executive Summary
4   Introduction
  
  4.1 Overview
    4.2 Properties
    4.3 Key Industry Trends
5   Global Linear Alpha Olefins Industry
    5.1 Market Overview
    5.2 Impact of COVID-19
    5.3 Market Performance
        5.3.1 Volume Trends
        5.3.2 Value Trends
    5.4 Price Trends
    5.5 Market Breakup by Region
    5.6 Market Breakup by Type
    5.7 Market Breakup by End-Use
    5.8 Market Forecast
    5.9 SWOT Analysis
        5.9.1 Overview
        5.9.2 Strengths
        5.9.3 Weaknesses
        5.9.4 Opportunities
        5.9.5 Threats
    5.10 Value Chain Analysis
    5.11 Porter’s Five Forces Analysis
        5.11.1 Overview
        5.11.2 Bargaining Power of Buyers
        5.11.3 Bargaining Power of Suppliers
        5.11.4 Degree of Competition
        5.11.5 Threat of New Entrants
        5.11.6 Threat of Substitutes
     5.12 Trade Data
        5.12.1 Imports
        5.12.2 Exports
    5.13 Key Market Drivers and Success Factors
6   Performance of Key Regions
    6.1 North America
        6.1.1 Market Trends
        6.1.2 Market Forecast
    6.2 Middle East
        6.2.1 Market Trends
        6.2.2 Market Trends
    6.3 Western Europe
        6.3.1 Market Trends
        6.3.2 Market Forecast
    6.4 South America
        6.4.1 Market Trends
        6.4.2 Market Forecast
    6.5 Others
        6.5.1 Market Trends
        6.5.2 Market Forecast
7   Market Breakup by Type
    7.1 Butene
        7.1.1 Market Trends
        7.1.2 Market Forecast
    7.2 Hexene
        7.2.1 Market Trends
        7.2.2 Market Trends
    7.3 Octene
        7.3.1 Market Trends
        7.3.2 Market Forecast
    7.4 Decene
        7.4.1 Market Trends
        7.4.2 Market Forecast
    7.5 Dodecene
        7.5.1 Market Trends
        7.5.2 Market Forecast
    7.6 Tetradecene
        7.6.1 Market Trends
        7.6.2 Market Forecast
    7.7 Hexadecene
        7.7.1 Market Trends
        7.7.2 Market Trends
    7.8 Octadecene
        7.8.1 Market Trends
        7.8.2 Market Forecast
    7.9 Eicosene
        7.9.1 Market Trends
        7.9.2 Market Forecast
    7.10 Others
        7.10.1 Market Trends
        7.10.2 Market Forecast
8   Market Breakup by End-Use
    8.1 LLDPE
        8.1.1 Market Trends
        8.1.2 Market Forecast
    8.2 Detergent Alcohols
        8.2.1 Market Trends
        8.2.2 Market Trends
    8.3 HDPE
        8.3.1 Market Trends
        8.3.2 Market Forecast
    8.4 Lubricants
        8.4.1 Market Trends
        8.4.2 Market Forecast
    8.5 LDPE
        8.5.1 Market Trends
        8.5.2 Market Forecast
    8.6 Others
        8.6.1 Market Trends
        8.6.2 Market Forecast
9   Competitive Landscape
    9.1 Market Structure
    9.2 Market Breakup by Key Players
    9.3 Key Player Profiles
        9.3.1 Shell International B.V.
        9.3.2 Chevron Phillips Chemical Company LLC
        9.3.3 INEOS AG
        9.3.4 Sasol LTD
        9.3.5 The Dow Chemical Company
        9.3.6 Exxon Mobil Corporation
10  Linear Alpha Olefins Manufacturing Process
    10.1 Product Overview
    10.2 Chemical Reactions Involved
    10.3 Manufacturing Process
    10.4 Detailed Process Flow
    10.5 Raw Material Requirement
    10.6 Mass Balance and Feedstock Conversion Rate
11  Linear Alpha Olefins Feedstock Market Analysis
    11.1 Ethylene
        11.1.1 Market Performance
        11.1.2 Volume Trends
        11.1.3 Value Trends
        11.1.4 Price Trends
        11.1.5 Market Breakup by Region
        11.1.6 Market Breakup by End-Use
        11.1.7 Key Suppliers

List of Figures

Figure 1: Global: Linear Alpha Olefins Industry Overview 
Figure 2: Global: Linear Alpha Olefins Market: Consumption Volume Trends (in Million Tons), 2016-2021
Figure 3: Global: Linear Alpha Olefins Market: Consumption Value Trends (in Billion US$), 2016-2021
Figure 4: Global: Linear Alpha Olefins Market: Average Price Trends (in US$/Ton), 2016-2021
Figure 5: Global: Linear Alpha Olefins Market: Production Breakup by Region (in %), 2021
Figure 6: Global: Linear Alpha Olefins Market: Consumption Breakup by Region (in %), 2021
Figure 7: Global: Linear Alpha Olefins Market: Breakup by Type (in %), 2021
Figure 8: Global: Linear Alpha Olefins Market: Breakup by End-Use (in %), 2021
Figure 9: Global: Linear Alpha Olefins Market Forecast: Consumption Volume Trends (in Million Tons), 2022-2027
Figure 10: Global: Linear Alpha Olefins Market Forecast: Consumption Value Trends (in Billion US$), 2022-2027
Figure 11: Global: Linear Alpha Olefins Industry: SWOT Analysis
Figure 12: Global: Linear Alpha Olefins Industry: Value Chain Analysis
Figure 13: Global: Linear Alpha Olefins Industry: Porter’s Five Forces Analysis
Figure 14: Global: Linear Alpha Olefins Market: Import Volume Breakup by Country (in %)
Figure 15: Trinidad and Tobago: Linear Alpha Olefins Market: Import Volume Trend (in Tons)
Figure 16: Global: Linear Alpha Olefins Market: Export Volume Breakup by Country (in %)
Figure 17: USA: Linear Alpha Olefins Market: Export Volume Trend (in Tons)
Figure 18: North America: Linear Alpha Olefins Market (in Tons), 2016 & 2021
Figure 19: North America: Linear Alpha Olefins Market Forecast (in Tons), 2022-2027
Figure 20: Middle East: Linear Alpha Olefins Market (in Tons), 2016 & 2021
Figure 21: Middle East: Linear Alpha Olefins Market Forecast (in Tons), 2022-2027
Figure 22: Western Europe: Linear Alpha Olefins Market (in Tons), 2016 & 2021
Figure 23: Western Europe: Linear Alpha Olefins Market Forecast (in Tons), 2022-2027
Figure 24: South America: Linear Alpha Olefins Market (in Tons), 2016 & 2021
Figure 25: South America: Linear Alpha Olefins Market Forecast (in Tons), 2022-2027
Figure 26: Others: Linear Alpha Olefins Market (in Tons), 2016 & 2021
Figure 27: Others: Linear Alpha Olefins Market Forecast (in Tons), 2022-2027
Figure 28: Global: Linear Alpha Olefins Market: Butene (in Tons), 2016 & 2021
Figure 29: Global: Linear Alpha Olefins Market Forecast: Butene (in Tons), 2022-2027
Figure 30: Global: Linear Alpha Olefins Market: Hexene (in Tons), 2016 & 2021
Figure 31: Global: Linear Alpha Olefins Market Forecast: Hexene (in Tons), 2022-2027
Figure 32: Global: Linear Alpha Olefins Market: Octene (in Tons), 2016 & 2021
Figure 33: Global: Linear Alpha Olefins Market Forecast: Octene (in Tons), 2022-2027
Figure 34: Global: Linear Alpha Olefins Market: Decene (in Tons), 2016 & 2021
Figure 35: Global: Linear Alpha Olefins Market Forecast: Decene (in Tons), 2022-2027
Figure 36: Global: Linear Alpha Olefins Market: Dodecene (in Tons), 2016 & 2021
Figure 37: Global: Linear Alpha Olefins Market Forecast: Dodecene (in Tons), 2022-2027
Figure 38: Global: Linear Alpha Olefins Market: Tetradecene (in Tons), 2016 & 2021
Figure 39: Global: Linear Alpha Olefins Market Forecast: Tetradecene (in Tons), 2022-2027
Figure 40: Global: Linear Alpha Olefins Market: Hexadecene (in Tons), 2016 & 2021
Figure 41: Global: Linear Alpha Olefins Market Forecast: Hexadecene (in Tons), 2022-2027
Figure 42: Global: Linear Alpha Olefins Market: Octadecene (in Tons), 2016 & 2021
Figure 43: Global: Linear Alpha Olefins Market Forecast: Octadecene (in Tons), 2022-2027
Figure 44: Global: Linear Alpha Olefins Market: Eicosene (in Tons), 2016 & 2021
Figure 45: Global: Linear Alpha Olefins Market Forecast: Eicosene (in Tons), 2022-2027
Figure 46: Global: Linear Alpha Olefins Market: Others (in Tons), 2016 & 2021
Figure 47: Global: Linear Alpha Olefins Market Forecast: Others (in Tons), 2022-2027
Figure 48: Global: Linear Alpha Olefins Market: LLDPE (in Tons), 2016 & 2021
Figure 49: Global: Linear Alpha Olefins Market Forecast: LLDPE (in Tons), 2022-2027
Figure 50: Global: Linear Alpha Olefins Market: Detergent Alcohols (in Tons), 2016 & 2021
Figure 51: Global: Linear Alpha Olefins Market Forecast: Detergent Alcohols (in Tons), 2022-2027
Figure 52: Global: Linear Alpha Olefins Market: HDPE (in Tons), 2016 & 2021
Figure 53: Global: Linear Alpha Olefins Market Forecast: HDPE (in Tons), 2022-2027
Figure 54: Global: Linear Alpha Olefins Market: Lubricants (in Tons), 2016 & 2021
Figure 55: Global: Linear Alpha Olefins Market Forecast: Lubricants (in Tons), 2022-2027
Figure 56: Global: Linear Alpha Olefins Market: LDPE (in Tons), 2016 & 2021
Figure 57: Global: Linear Alpha Olefins Market Forecast: LDPE (in Tons), 2022-2027
Figure 58: Global: Linear Alpha Olefins Market: Other End Users (in Tons), 2016 & 2021
Figure 59: Global: Linear Alpha Olefins Market Forecast: Other End Users (in Tons), 2022-2027
Figure 60: Linear Alpha Olefins Manufacturing Process: Detailed Process Flow
Figure 61: Linear Alpha Olefins Manufacturing Process: Conversion Rate of Feedstocks
Figure 62: Global: Ethylene Market: Consumption Volume Trends (in Million Tons), 2016-2021 
Figure 63: Global: Ethylene Market: Consumption Value Trends (in Million US$), 2016-2021 
Figure 64: Global: Ethylene Market: Average Price Trends (in US$/Ton), 2016-2021 
Figure 65: Global: Ethylene Market: Breakup by Region (in %), 2021 
Figure 66: Global: Ethylene Market: Breakup by End-Use (in %), 2021
Figure 67: Global: Ethylene Market Forecast: Consumption Volume Trends (in Million Tons), 2022-2027
Figure 68: Global: Ethylene Market Forecast: Consumption Value Trends (in Million US$), 2022-2027

List of Tables

Table 1: Linear Alpha Olefins: Physical Properties
Table 2: Linear Alpha Olefins: Chemical Properties
Table 3: Global: Linear Alpha Olefins Market: Key Industry Highlights, 2021 and 2027
Table 4: Global: Linear Alpha Olefins Market Forecast: Breakup by Region (in Tons), 2022-2027 
Table 5: Global: Linear Alpha Olefins Market Forecast: Breakup by Type (in Tons), 2022-2027
Table 6: Global: Linear Alpha Olefins Market Forecast: Breakup by End-Use (in Tons), 2022-2027
Table 7: Global: Linear Alpha Olefins Market: Imports by Major Countries
Table 8: Global: Linear Alpha Olefins Market: Exports by Major Countries
Table 9: Global: Linear Alpha Olefins Market: Key Players
Table 10: Linear Alpha Olefins: Manufacturing Process: Raw Material Requirements
Table 11: Global: Ethylene Market: Key Manufacturers


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Key Questions Answered in This Report

The global linear alpha-olefins market was valued at US$ 8.8 Billion in 2021.

We expect the global linear alpha-olefins market to exhibit a CAGR of 4.9% during 2022-2027.

The sudden outbreak of the COVID-19 pandemic had led to the implementation of stringent lockdown regulations across several nations resulting in the temporary halt in numerous production activities for linear alpha-olefins.  

The increasing demand for linear alpha-olefins across the automotive industry in maintaining and managing the spare parts of motorized vehicles is primarily driving the global linear alpha-olefins market.

Based on the type, the global linear alpha-olefins market has been segregated into butene, hexene, octene, decene, dodecene, tetradecene, hexadecene, octadecene, eicosene, and others. Among these, butene currently holds the largest market share.

Based on the end use, the global linear alpha-olefins market can be bifurcated into LLDPE, detergent alcohols, HDPE, lubricants, LDPE, and others. Currently, LLDPE exhibits a clear dominance in the market.

 

On a regional level, the market has been classified into North America, Middle East, Western Europe, South America, and others, where North America currently dominates the global market.

Some of the major players in the global linear alpha-olefins market include Shell International B.V., Chevron Phillips Chemical Company LLC, INEOS AG, Sasol LTD, The Dow Chemical Company, and Exxon Mobil Corporation.

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