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1-Decene Market Size, Revenue, Trends, Competitive Landscape Study & Analysis, Forecast To 2028

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1-Decene Market Size, Revenue, Trends, Competitive Landscape Study & Analysis, Forecast To 2028

September 24
17:25 2021
1-Decene Market Size, Revenue, Trends, Competitive Landscape Study & Analysis, Forecast To 2028
1-Decene Market
The latest research report published by Reports and Data centers around the global 1-Decene market. It offers an in-depth scrutiny of the 1-Decene industry and expands on its key segments, including product type, technology, and end-use segments.

The global 1-decene market is expected to reach USD 950.7 Million by 2028, according to a new report by Reports and Data. Increasing demand for poly alpha olefins is one of the major factors estimated to stimulate market demand. Stringent regulatory norms in the food & beverage and cosmetic industries, as well as growing environmental concerns in automotive industries, have led to an increased demand for synthetic lubricants, which in turn, would be instrumental in driving market growth during the forecast period.

Key companies in the report:

Royal Dutch Shell, Chevron Phillips Chemical Company, SABIC, Sasol Limited, ExxonMobil Corporation, Ineos Group Limited, Qatar Chemical Company, Idemitsu Petrochemical Company, Sigma-Aldrich, and Alfa Aesar, among others.

Get a sample of the report @ https://www.reportsanddata.com/sample-enquiry-form/1996   

Rising global population has led to increasing number of construction and building activities across the globe, in turn, driving demand for materials and chemicals. Availability of advanced finishing materials, environmentally sustainable raw materials and chemicals, and growing progress of plastics industry has significantly contributed to the revenue growth of the market. Chemicals and materials industry is a crucial part of the world economy and produces over 70,000 products that are needed across various end-use industries. Consumer products such as soaps, detergents, and cosmetics, along with electronic gadgets, automobiles, and paints & cosmetics, among others are in high demand across the globe and are majorly dependent on various types of chemicals and materials. International corporations are actively engaged in developing sustainable products to reduce carbon emissions and pollution and ensure safe operations of the facilities. These key factors have significantly contributed to market revenue growth and is expected to continue to do so going ahead.

For the purpose of this report, Reports and Data have segmented the global 1-decene market on the basis of grade, application, end-users, and region:

Grade Outlook (Volume, Kilo Tons; 2018-2028 and Revenue, USD Million; 2018-2028)

Bio-Based

Synthetic

Application Outlook (Volume, Kilo Tons; 2018-2028 and Revenue, USD Million; 2018-2028)

Polyethylene

Poly Alpha Olefins

Detergent Alcohols

Others

End-Users Outlook (Volume, Kilo Tons; 2018-2028 and Revenue, USD Million; 2018-2028)

Food & Beverage Industry

Pharmaceutical Industry

Paints & Dyes Industry

Others

Request a discount on the report @ https://www.reportsanddata.com/discount-enquiry-form/1996  

Key companies are focused on mergers and acquisitions, joint ventures, collaborations, partnerships, product launches, brand promotions, and R&D activities among others to cater to growing global demand and gain a strong foothold in the market. The report also analyzes the presence of key companies, their ventures, and investment and funding opportunities in key regions of the world including North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.

The study covers critical information and factual data about the 1-Decene industry along with an in-depth statistical analysis of the market drivers, limitations, growth prospects, opportunities, and threats. The report also covers SWOT analysis and Porter’s Five Forces analysis to offer better understanding of the competitive landscape of the global 1-Decene market.

Further key findings from the report suggest

By grade, the synthetic 1-decene market dominated the market in 2018 and is expected to grow at a rate of 3.9% in the forecast period. The market dominance of this grade is owing to the low price and easy availability of the product for use in end-user industries.

By application, poly alpha olefins contributed to the largest market share in 2018 and are likely to witness a growth rate of 3.8% in the forecast period. Poly alpha olefin is the most synthetic base oil used in automotive and industrial lubricants. PAOs find extensive application in automotive fluids along with hydraulic, bearing, and gear oils, working in extreme conditions. Also, these are deployed as base fluids in some wide temperature range greases.

Europe held the largest market share in 2018 and is expected to grow at a rate of 3.7% in the forecast period. The high demand in the region is due to high consumption, rising production capacities, competitive production costs, and high economic growth.

Request a customization on the report @ https://www.reportsanddata.com/request-customization-form/1996 

Thank you for reading our report. The report can be customized based on the regions and countries. Kindly connect with us to know more and our team will ensure the report is best suited to your needs.

About Us:

Reports and Data is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target and analyze consumer behavior shifts across demographics, across industries and help client’s make a smarter business decision. We offer market intelligence studies ensuring relevant and fact-based research across a multiple industries including Healthcare, Technology, Chemicals, Power and Energy. We consistently update our research offerings to ensure our clients are aware about the latest trends existent in the market.

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