Market Overview
The Global
1-Decene market is estimated to be valued at
USD 724.6 million in 2023 and is anticipated to reach
USD 1,309.7 million by 2032, achieving a Compound Annual Growth Rate
(CAGR) of 7.0% from 2023 to 2032.
1-Decene, classified within the alpha-olefin category, is an organic molecule featuring the chemical formula C10H20. It constitutes a linear, branched-chain hydrocarbon and falls under the domain of alkene hydrocarbons, characterized by a chain of 10 carbon atoms harboring a single double bond. This unsaturated hydrocarbon holds substantial relevance in the production of polymers, resins, and synthetic lubricants.
Notably, 1-Decene is a colorless, transparent, and fragrant poisonous liquid. Its synthesis commonly occurs through ethylene oligomerization or by cracking petroleum waxes rich in higher carbon content. This compound serves as a significant monomer in copolymers and serves as an intermediary in producing oxo alcohols, epoxides, alkylated aromatics, amines, and synthetic fatty acids. Consequently, 1-Decene finds application across diverse sectors including fragrances, oils, medications, resins, industrial machinery, automotive transmission systems, and marine applications.
Market Dynamics
The increasing application of 1-decene in producing polyalphaolefin (PAO) is fostering a promising market trajectory, especially in automotive and manufacturing sectors. PAO serves as a synthetic lubricant for transmission, compressors, lube-oil additives, and gear oil, contributing to positive market prospects due to its anti-corrosive attributes. Moreover, 1-decene's role in crafting polymers like polyethylene essential for packaging adds momentum, extending its utility as food additives, glazing agents, and polishing agents in the food and beverage sector.
Additionally, 1-decene acts as a vital intermediate for detergent and surfactant manufacturing, underpinning its wide-ranging applicability across end-use industries. Factors such as increased consumer spending capacity, cost-effective raw materials, and automotive industry growth are set to drive market expansion.
The shale gas boom, notably in the U.S. and China, has enhanced ethylene production, benefiting 1-decene manufacturing.
This potential, alongside the unique full-range alpha olefin distribution process for 1-decene, distinguishes it from other olefins. However, the limited C-10 supply for PAO production has led lubricant manufacturers to explore alternatives like ester-based synthetic oils, possibly influencing market growth during the forecast period.
Research Scope and Analysis
By Derivatives
The derivative sector within the global 1-decene market comprises six primary types: polyalphaolefin, oxo alcohols, linear alkyne benzene, linear mercaptans, chlorinated olefins, and other derivatives. The preeminence is held by the polyalphaolefins category, asserting dominance due to its wide-ranging applications. Notably, the industrial and automotive sectors stand as primary users of polyalphaolefins, extending their utility into gear oil, lube oil additives, compressor oil, and transmission oil.
This array of practical applications contributes to heightened demand, driven by their exceptional technical performance and environmental preservation attributes.
Moreover, in the realm of laundry and dishwashing applications, detergent alcohols and their derivatives emerge as vital raw materials underpinning surfactant production, a sector poised to exhibit an above-average growth rate throughout the forecast period.
By Grade
Categorized by grade, The Global 1-Decene Market delineates into two sub-segments: synthetic and bio-based grades, delineated by raw material sources. Synthetic-grade 1-decene emerges from hydrocarbon feedstocks via chemical processes, serving versatile applications including synthetic lubricants, plasticizers, and detergents. In contrast, bio-based 1-decene is derived from renewable plant-derived oils, aligning with sustainability goals by offering eco-friendly alternatives for
biodegradable lubricants, environmentally conscious plastics, and sustainable surfactants.
The dichotomy between these segments underscores the industry's responsiveness to evolving market needs and accentuates sustainability's growing significance in the contemporary chemical landscape. However, the synthetic-grade 1-decene segment has dominated the global market due to established production processes and versatile applications. However, the bio-based grade is gaining traction with rising sustainability concerns.
The Global 1-Decene Market Report is segmented on the
basis of the following
By Derivatives
- Poly Alpha Olefins
- Oxo Alcohol
- Linera Alkyl Benzene
- Linera Mercaptans
- Chlorinated Alpha Olefins
- Others
By Grade
Regional Analysis
In 2023, the Europe region asserted its dominance over the global industry by capturing
more than 45% of the total revenue, marking it as the leading contributor. The region is anticipated to maintain this prominence, steadily expanding throughout the forecast period. This continued growth is driven by significant PAO (poly alpha olefin) and synthetic lubricant production orchestrated by key product manufacturers. The availability of raw materials in this region further aids its ascendancy.
In North America, the United States, a substantial oil producer, has facilitated extensive market penetration. Notably, the presence of major industry players like ExxonMobil Corp., Shell Chemicals, and Chevron Phillips, who possess patented alpha olefin production technology, has bolstered the demand for 1-decene in North America. Simultaneously, the Asia Pacific region is poised for the most rapid growth throughout the forecast period, propelled by escalating PAO demand for lubricant production.
By Region
North America
Europe
- Germany
- The U.K.
- France
- Italy
- Russia
- Spain
- Benelux
- Nordic
- Rest of Europe
Asia-Pacific
- China
- Japan
- South Korea
- India
- ANZ
- ASEAN
- Rest of Asia-Pacific
Latin America
- Brazil
- Mexico
- Argentina
- Colombia
- Rest of Latin America
Middle East & Africa
- Saudi Arabia
- UAE
- South Africa
- Israel
- Egypt
- Rest of MEA
Competitive Landscape
The Global 1-Decene Market is shaped by prominent chemical industry leaders with substantial production capacities and a diverse portfolio of downstream products. These major players wield significant influence through integrated operations and established supply chains.
Alongside them, specialized producers and regional entities cater to niche markets, capitalizing on localized advantages and fostering tailored solutions. Downstream manufacturers play a pivotal role, utilizing 1-decene as a foundational raw material for products such as linear low-density polyethylene (LLDPE), synthetic lubricants, and surfactants.
Competitiveness in this landscape is built upon innovation, environmental awareness, regulatory compliance, and effective market penetration. This drives companies to invest in research, sustainability initiatives, and strategic distribution networks. To stay aligned with the ever-evolving dynamics of the 1-decene market, a vigilant eye on industry reports is essential. This enables stakeholders to navigate challenges and seize opportunities within this intricate sector.
Some of the prominent players in the Global 1-Decene Market is
- BASF SE
- Arkema
- Huntsman
- Mitsui Chemicals
- Nippon Shokubai
- Croda International
- Oxea
- SABIC
- Stepan
- The Chemours Company
- Solvay
- Shell Chemicals
- ExxonMobil Corp
- Chevron Phillips
- Other Key Players
COVID-19 Pandemic & Recession: Impact on the Global 1-Decene Market
The Global 1-Decene Market underwent significant shifts due to the COVID-19 pandemic and the ensuing recession. Supply chains faced disruptions from lockdowns and workforce shortages, impacting 1-decene production and distribution. Changing consumer preferences and reduced economic activity, particularly in sectors like automotive and construction, affected demand for 1-decene-based products. This demand-supply imbalance led to price volatility.
Economic uncertainty prompted delayed investments in 1-decene projects and R&D. International trade patterns were reshaped by travel restrictions and shifting demand. As economies recovered, industries like automotive and personal care gradually drove renewed 1-decene demand. Sustainability concerns and evolving regulations also molded production practices and product applications. For the latest insights, consult recent industry reports.
| Report Characteristics |
| Market Size (2023) |
USD 724.6 Mn |
| Forecast Value (2032) |
USD 1,309.7 Mn |
| CAGR (2023-2032) |
7.0% |
| Historical Data |
2017 - 2022 |
| Forecast Data |
2023 - 2032 |
| Base Year |
2022 |
| Estimate Year |
2023 |
| Report Coverage |
Market Revenue Estimation, Market Dynamics, Competitive Landscape, Growth Factors and etc. |
| Segments Covered |
By Derivatives (Polyalphaolefins, Oxo Alcohol, Linear
Alkyl Benzene, Linear Mercaptans, Chlorinated Alpha Olefins, Others), By Grade
(Synthetic & Bio-Based). |
| Regional Coverage |
North America – The US and Canada; Europe – Germany, The UK, France, Russia, Spain, Italy, Benelux, Nordic, & Rest of Europe; Asia- Pacific– China, Japan, South Korea, India, ANZ, ASEAN, Rest of APAC; Latin America – Brazil, Mexico, Argentina, Colombia, Rest of Latin America; Middle East & Africa – Saudi Arabia, UAE, South Africa, Turkey, Egypt, Israel, & Rest of MEA
|
| Prominent Players |
BASF SE, Arkema, Huntsman, Mitsui Chemicals, Nippon
Shokubai, Croda International, Oxea, SABIC, Stepan, The Chemours Company,
Solvay, Shell Company, ExxonMobil Corp, Chevron, and Other Key Players. |
| Purchase Options |
We have three licenses to opt for: Single User License (Limited to 1 user), Multi-User License (Up to 5 Users), and Corporate Use License (Unlimited User) along with free report customization equivalent to 0 analyst working days, 3 analysts working days and 5 analysts working days respectively. |
Frequently Asked Questions
In 2023, the market size of 1-Decene estimated to be USD 724.6 Million.
The Global 1-Decene Market is expected to grow at a compound annual growth rate (CAGR)
of 7.0% from 2023 to 2032.
In 2023, the Europe region asserted its dominance, capturing the largest revenue share at 45.3%.
Some of the prominent players in the Global 1-Decene Market include BASF SE, Arkema, Huntsman, Mitsui Chemicals, Nippon Shokubai, Croda International, Oxea, SABIC, Stepan, The Chemours Company, Solvay, Shell Company, ExxonMobil Corp, etc.