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Global 1-Decene Market By Derivatives (Poly Alpha Olefins, Oxo Alcohol and Others) By Grade- Global Industry Outlook, Key Companies (BASF SE, Arkema, Huntsman and others), Trends and Forecast 2023-2032

Published on : August-2023  Report Code : RC-253  Pages Count : 203  Report Format : PDF
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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.
  1-Decene Market Growth Analysis  
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.

1-Decene Market segment Analysis

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

  • Synthetic
  • Bio-Based

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.
  1-Decene Market Grade Analysis

By Region

North America
  • The U.S.
  • Canada
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

  • What is the value of the Global 1-Decene Market?

    In 2023, the market size of 1-Decene estimated to be USD 724.6 Million.

  • What is the expected CAGR for the Global 1-Decene Market?

    The Global 1-Decene Market is expected to grow at a compound annual growth rate (CAGR) of 7.0% from 2023 to 2032.

  • Which region has dominated the Global 1-Decene Market?

    In 2023, the Europe region asserted its dominance, capturing the largest revenue share at 45.3%.

  • Who are the prominent players in the Global 1-Decene Market?

    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.

  • Contents

      1.Introduction
        1.1.Objectives of the Study
        1.2.Market Scope
        1.3.Market Definition and Scope
      2.1-Decene Market Overview
        2.1.Global 1-Decene Market Overview by Type
        2.2.Global 1-Decene Market Overview by Application
      3.1-Decene Market Dynamics, Opportunity, Regulations, and Trends Analysis
        3.1.Market Dynamics
          3.1.1.1-Decene Market Drivers
          3.1.2.1-Decene Market Opportunities
          3.1.3.1-Decene Market Restraints
          3.1.4.1-Decene Market Challenges
        3.2.Emerging Trend/Technology
        3.3.PESTLE Analysis
        3.4.PORTER'S Five Forces Analysis
        3.5.Technology Roadmap
        3.6.Opportunity Map Analysis
        3.7.Case Studies
        3.8.Opportunity Orbits
        3.9.Pricing Analysis
        3.10.Ecosystem Analysis
        3.11.Supply/Value Chain Analysis
        3.12.Covid-19 & Recession Impact Analysis
        3.13.Product/Brand Comparison
      4.Global 1-Decene Market Value ((US$ Mn)), Share (%), and Growth Rate (%) Comparison by By Derivatives, 2017-2032
        4.1.Global 1-Decene Market Analysis by By Derivatives: Introduction
        4.2.Market Size and Forecast by Region
        4.3.Poly Alpha Olefins
        4.4.Oxo Alcohol
        4.5.Linera Alkyl Benzene
        4.6. Linera Mercaptans
        4.7.Chlorinated Alpha Olefins
        4.8.Others
      5.Global 1-Decene Market Value ((US$ Mn)), Share (%), and Growth Rate (%) Comparison by By Grade, 2017-2032
        5.1.Global 1-Decene Market Analysis by By Grade: Introduction
        5.2.Market Size and Forecast by Region
        5.3.Synthetic
        5.4.Bio-Based
      6.Global 1-Decene Market Value ((US$ Mn)), Share (%), and Growth Rate (%) Comparison by Region, 2017-2032
        6.1.North America
          6.1.1.North America 1-Decene Market: Regional Trend Analysis
            6.1.1.1.The US
            6.1.1.2.Canada
        6.2.1.Europe
          6.2.1.Europe 1-Decene Market: Regional Trend Analysis
            6.2.1.1.Germany
            6.2.1.2.France
            6.2.1.3.UK
            6.2.1.4.Russia
            6.2.1.5.Italy
            6.2.1.6.Spain
            6.2.1.7.Nordic
            6.2.1.8.Benelux
            6.2.1.9.Rest of Europe
        6.3.Asia-Pacific
          6.3.1.Asia-Pacific 1-Decene Market: Regional Trend Analysis
            6.3.1.1.China
            6.3.1.2.Japan
            6.3.1.3.South Korea
            6.3.1.4.India
            6.3.1.5.ANZ
            6.3.1.6.ASEAN
            6.3.1.7.Rest of Asia-Pacifc
        6.4.Latin America
          6.4.1.Latin America 1-Decene Market: Regional Trend Analysis
            6.4.1.1.Brazil
            6.4.1.2.Mexico
            6.4.1.3.Argentina
            6.4.1.4.Colombia
            6.4.1.5.Rest of Latin America
        6.5.Middle East and Africa
          6.5.1.Middle East and Africa 1-Decene Market: Regional Trend Analysis
            6.5.1.1.Saudi Arabia
            6.5.1.2.UAE
            6.5.1.3.South Africa
            6.5.1.4.Israel
            6.5.1.5.Egypt
            6.5.1.6.Turkey
            6.5.1.7.Rest of MEA
      7.Global 1-Decene Market Company Evaluation Matrix, Competitive Landscape, Market Share Analysis, and Company Profiles
        7.1.Market Share Analysis
        7.2.Company Profiles
        7.3.BASF SE
          7.3.1.Company Overview
          7.3.2.Financial Highlights
          7.3.3.Product Portfolio
          7.3.4.SWOT Analysis
          7.3.5.Key Strategies and Developments
        7.4.Arkema
          7.4.1.Company Overview
          7.4.2.Financial Highlights
          7.4.3.Product Portfolio
          7.4.4.SWOT Analysis
          7.4.5.Key Strategies and Developments
        7.5.Huntsman
          7.5.1.Company Overview
          7.5.2.Financial Highlights
          7.5.3.Product Portfolio
          7.5.4.SWOT Analysis
          7.5.5.Key Strategies and Developments
        7.6.Mitsui Chemicals
          7.6.1.Company Overview
          7.6.2.Financial Highlights
          7.6.3.Product Portfolio
          7.6.4.SWOT Analysis
          7.6.5.Key Strategies and Developments
        7.7.Nippon Shokubai
          7.7.1.Company Overview
          7.7.2.Financial Highlights
          7.7.3.Product Portfolio
          7.7.4.SWOT Analysis
          7.7.5.Key Strategies and Developments
        7.8.Croda International
          7.8.1.Company Overview
          7.8.2.Financial Highlights
          7.8.3.Product Portfolio
          7.8.4.SWOT Analysis
          7.8.5.Key Strategies and Developments
        7.9.Oxea
          7.9.1.Company Overview
          7.9.2.Financial Highlights
          7.9.3.Product Portfolio
          7.9.4.SWOT Analysis
          7.9.5.Key Strategies and Developments
        7.10.SABIC
          7.10.1.Company Overview
          7.10.2.Financial Highlights
          7.10.3.Product Portfolio
          7.10.4.SWOT Analysis
          7.10.5.Key Strategies and Developments
        7.11.Stepan
          7.11.1.Company Overview
          7.11.2.Financial Highlights
          7.11.3.Product Portfolio
          7.11.4.SWOT Analysis
          7.11.5.Key Strategies and Developments
        7.12.The Chemours Company
          7.12.1.Company Overview
          7.12.2.Financial Highlights
          7.12.3.Product Portfolio
          7.12.4.SWOT Analysis
          7.12.5.Key Strategies and Developments
        7.13.Solvay
          7.13.1.Company Overview
          7.13.2.Financial Highlights
          7.13.3.Product Portfolio
          7.13.4.SWOT Analysis
          7.13.5.Key Strategies and Developments
        7.14.Shell Chemicals
          7.14.1.Company Overview
          7.14.2.Financial Highlights
          7.14.3.Product Portfolio
          7.14.4.SWOT Analysis
          7.14.5.Key Strategies and Developments
        7.15.ExxonMobil Corp
          7.15.1.Company Overview
          7.15.2.Financial Highlights
          7.15.3.Product Portfolio
          7.15.4.SWOT Analysis
          7.15.5.Key Strategies and Developments
        7.16.Chevron Phillips
          7.16.1.Company Overview
          7.16.2.Financial Highlights
          7.16.3.Product Portfolio
          7.16.4.SWOT Analysis
          7.16.5.Key Strategies and Developments
        7.17.Other Key Players
          7.17.1.Company Overview
          7.17.2.Financial Highlights
          7.17.3.Product Portfolio
          7.17.4.SWOT Analysis
          7.17.5.Key Strategies and Developments
      8.Assumptions and Acronyms
      9.Research Methodology
      10.Contact
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