Global Alpha Olefin
Market Report
2025
Alpha Olefin market was valued at USD 6.9 billion in 2022 and is projected to reach USD 10.5 billion by 2030, registering a CAGR of 5.4% for the forecast period 2023-2030.
The base year for the calculation is 2024. The historical will be 2021 to 2024. The year 2025 will be estimated one while the forecasted data will be from year 2025 to 2033. When we deliver the report that time we updated report data till the purchase date.
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The global Alpha Olefins market was valued at USD 6.9 billion in 2022 and is projected to reach USD 10.5 billion by 2030, registering a CAGR of 5.4% for the forecast period 2023-2030.
2024 | 2025 | 2032 | 2033 | CAGR | |
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Global Alpha Olefin Market Sales Revenue | 121212 | 121212 | 121212 | 121212 | 5.4% |
Base Year | 2024 |
Historical Data Time Period | 2021-2024 |
Forecast Period | 2025-2033 |
Market Split by Type |
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Market Split by Application |
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List of Competitors |
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Regional Analysis |
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Country Analysis |
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Report scope is customizable as we have a huge database of Alpha Olefin industry. We can deliver an exclusive report Edition/Consultation as per your data requirements. Request for your Free Sample Pages.
Alpha Olefin Market is Segmented as below. Particular segment of your interest can be provided without any additional cost. Download the Sample Pages!
What are alpha-olefins?
Alpha Olefins are a class of organic compounds that belong to the broader family of olefins or alkenes. Alfa olefins are manufactured by catalytic polymerization of ethylene gas. These compounds are utilized as monomers in the production of polyethylene, to enhance their properties. Also, alpha olefins serve as raw material for manufacturing various specialty chemicals, like detergent, lubricant, plastic, and synthetic lubricant. They are used in many applications due to their chemical reactivity and versatile nature.
Driving Factor:
Alpha olefins are used as monomers in the production of polyethylene. Polyethylene is the most widely used polyethylene in the world. Increasing population, urbanization increases the demand for polyethylene in various industries such as packaging, automotive, construction, and consumer goods. Enhanced polyethylene properties of polyethylene, increase the demand for alfa olefins. Besides, ongoing research and development efforts focus on developing new polyethylene grades with improved properties, contributing to the alpha olefin market growth. Moreover, Alfa olefins are used as co-monomers in the production of polyethylene, driving the market’s growth.
Restraining Factor:
Alpha olefins are manufactured from feedstock like ethylene, which is derived from crude oil or natural gas. Volatility in crude oil prices due to trade regulations, geopolitical issues, and stock exchange rates fluctuates the prices of feedstock. Fluctuation in the prices of these feedstocks significantly impacts the production costs of alpha-olefins and may restrain the growth of the alpha-olefins market.
Impact of the COVID-19 Pandemic on the alpha olefins market:
The COVID-19 pandemic had a significant impact on the alpha-olefin market. The pandemic led to disruption in the global supply chain, including the production and transportation of alpha olefins. This led to supply chain disruption, affecting the availability and delivery of alpha-olefin to end-use industries. The pandemic resulted in global consumer spending. Industries such as construction, automotive, and packaging experienced a decline in demand due to reduced manufacturing activities. Reduced construction projects, automotive production, and packaging requirements resulted in lower demand for alpha-olefin.
As the world begins to recover from the pandemic, the consumer industries of alpha olefin like construction, automotive, and packaging are gradually returning to normalcy. Therefore, the demand for Alpha Olefin is expected to recover and potentially grow as the construction industry rebounds.
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Jan 2019
Shell started the production of the fourth alpha olefin unit at its Geismar, Louisiana, USA chemical manufacturing site. At its new plant, Shell produces 1.3 million tonnes of alpha olefin per annum.
Top Companies Market Share in Alpha Olefin Industry: (In no particular order of Rank)
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North America is estimated to be the largest market for Alpha Olefin during the forecast period.
Based on region, the market is bifurcated into North America, Europe, Asia Pacific, Latin America, and Middle East, and Africa. North America has a well-developed petrochemical industry. The presence of well-established refining and petrochemical refineries strengthens North America’s position in the market. Moreover, North America has abundant crude oil and natural gas, which serve as the primary feedstock for alpha-olefin production. Hence, the availability of raw materials increases the manufacturing of alpha olefins. For instance, In the U.S., there are 11,128 chemical manufacturing facilities available, which impacted the abundance of raw materials for manufacturing alpha-olefin. As a report published by U.S. Cybersecurity and infrastructure security agency, The market share for specialty chemicals including polyolefin/ethylene copolymer in North America is significantly higher than the global average which is 23.4%.
The current report Scope analyzes Alpha Olefin Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com
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Global Alpha Olefin Market Report 2025 Edition talks about crucial market insights with the help of segments and sub-segments analysis. In this section, we reveal an in-depth analysis of the key factors influencing Alpha Olefin Industry growth. Alpha Olefin market has been segmented with the help of its Type, Application , and others. Alpha Olefin market analysis helps to understand key industry segments, and their global, regional, and country-level insights. Furthermore, this analysis also provides information pertaining to segments that are going to be most lucrative in the near future and their expected growth rate and future market opportunities. The report also provides detailed insights into factors responsible for the positive or negative growth of each industry segment.
The 1- butene segment is expected to remain dominant during the forecast period.
Based on the product, the market is bifurcated into 1-Hexene, 1-Butene, 1-Octene, and Others. 1-butene is widely used alpha olefin due to its versatility and compatibility. It acts as a co-monomer in the production of polyethylene-like linear low-density polyethylene (LLDPE), which is extensively used in packaging film, and industrial applications. It is also used in the manufacturing of polypropylene resins, butanone, and butylene oxide. Moreover, 1-butene is also utilized as feedstock for the manufacturing of maleic anhydride, n-butyl derivatives, and methylethylketone (MEK). Overall, the increasing demand for LLDPE, polypropylene resins, and butanone drives the growth of the 1-butene segment in the alpha olefin market.
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The Poly-olefine Comonomer segment dominated the market and is expected to maintain its position during the forecast period.
Based on Application, the market is further segmented into poly-olefine comonomer, fine chemicals, surfactants and intermediates, and oil field chemicals. Poly-olefine Comonomers like 1-hexene, 1-butene, and 1-octene are widely used in various applications like construction, automotive, agriculture, consumer goods, and packaging. The addition of commoners in the polyethylene during the polymerization process enhances the performance of polyethylene like flexibility, tensile strength, and clarity. The rise in the uses of high-quality polyethylene drives the growth of the poly-olefine comonomer segment in the alpha olefin market.
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Manoj Phagare is a dynamic and results-driven research analyst with a passion for transforming raw data into actionable insights. Armed with a solid foundation in market research and data analysis and working in various domains including chemical & materials and paints & coatings. He thrive on the challenge of uncovering patterns, trends, and opportunities that drive strategic decision-making.His analytical mindset, coupled with effective communication skills, allows him to bridge the gap between data analysis and practical business applications.
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Our study will explain complete manufacturing process along with major raw materials required to manufacture end-product. This report helps to make effective decisions determining product position and will assist you to understand opportunities and threats around the globe.
The Global Alpha Olefin Market is witnessing significant growth in the near future.
In 2023, the 1-Hexene segment accounted for noticeable share of global Alpha Olefin Market and is projected to experience significant growth in the near future.
The Poly-olefine Comonomer segment is expected to expand at the significant CAGR retaining position throughout the forecast period.
Some of the key companies Chevron Phillips, Exxon Mobil and others are focusing on its strategy building model to strengthen its product portfolio and expand its business in the global market.
Please note, we have not disclose, all the sources consulted/referred during a market study due to confidentiality and paid service concern. However, rest assured that upon purchasing the service or paid report version, we will release the comprehensive list of sources along with the complete report and we also provide the data support where you can intract with the team of analysts who worked on the report.
Disclaimer:
Type | 1-Hexene, 1-Butene, 1-Octene, Others |
Application | Poly-olefine Comonomer, Fine Chemicals, Surfactant and Intermediates, Oil Field Chemicals, Others |
List of Competitors | Chevron Phillips, Royal Dutch Shell, Exxon Mobil, Saudi Arabia Basic Industries Corporation (SABIC), Evonik Industries, Dow Chemical, Sasol, TPC Group, Qatar Chemical Company, Ineos Group, PJSC Nizhnekamskneftekhim |
This chapter will help you gain GLOBAL Market Analysis of Alpha Olefin. Further deep in this chapter, you will be able to review Global Alpha Olefin Market Split by various segments and Geographical Split.
Chapter 1 Global Market Analysis
Global Market has been segmented on the basis 5 major regions such as North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America.
You can purchase only the Executive Summary of Global Market (2019 vs 2024 vs 2031)
Global Market Dynamics, Trends, Drivers, Restraints, Opportunities, Only Pointers will be deliverable
This chapter will help you gain North America Market Analysis of Alpha Olefin. Further deep in this chapter, you will be able to review North America Alpha Olefin Market Split by various segments and Country Split.
Chapter 2 North America Market Analysis
This chapter will help you gain Europe Market Analysis of Alpha Olefin. Further deep in this chapter, you will be able to review Europe Alpha Olefin Market Split by various segments and Country Split.
Chapter 3 Europe Market Analysis
This chapter will help you gain Asia Pacific Market Analysis of Alpha Olefin. Further deep in this chapter, you will be able to review Asia Pacific Alpha Olefin Market Split by various segments and Country Split.
Chapter 4 Asia Pacific Market Analysis
This chapter will help you gain South America Market Analysis of Alpha Olefin. Further deep in this chapter, you will be able to review South America Alpha Olefin Market Split by various segments and Country Split.
Chapter 5 South America Market Analysis
This chapter will help you gain Middle East and Africa Market Analysis of Alpha Olefin. Further deep in this chapter, you will be able to review Middle East and Africa Alpha Olefin Market Split by various segments and Country Split.
Chapter 6 Middle East and Africa Market Analysis
Only Available with Corporate User License
Chapter 7 Top 10 Countries Analysis (Only Available with Corporate User License)
This chapter provides an in-depth analysis of the market share among key competitors of Alpha Olefin. The analysis highlights each competitor's position in the market, growth trends, and financial performance, offering insights into competitive dynamics, and emerging players.
Chapter 8 Competitor Analysis (Subject to Data Availability (Private Players))
(Subject to Data Availability (Private Players))
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
This chapter would comprehensively cover market drivers, trends, restraints, opportunities, and various in-depth analyses like industrial chain, PESTEL, Porter’s Five Forces, and ESG, among others. It would also include product life cycle, technological advancements, and patent insights.
Chapter 9 Qualitative Analysis (Subject to Data Availability)
Segmentation Type Analysis 2019 -2031, will provide market size split by Type. This Information is provided at Global Level, Regional Level and Top Countries Level The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 10 Market Split by Type Analysis 2021 - 2033
The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 11 Market Split by Application Analysis 2021 - 2033
This chapter helps you understand the Key Takeaways and Analyst Point of View of the global Alpha Olefin market
Chapter 12 Research Findings
Here the analyst will summarize the content of entire report and will share his view point on the current industry scenario and how the market is expected to perform in the near future. The points shared by the analyst are based on his/her detailed in-depth understanding of the market during the course of this report study. You will be provided exclusive rights to interact with the concerned analyst for unlimited time pre purchase as well as post purchase of the report.
Why 1-Hexene have a significant impact on Alpha Olefin market? |
What are the key factors affecting the 1-Hexene and 1-Butene of Alpha Olefin Market? |
What is the CAGR/Growth Rate of Poly-olefine Comonomer during the forecast period? |
By type, which segment accounted for largest share of the global Alpha Olefin Market? |
Which region is expected to dominate the global Alpha Olefin Market within the forecast period? |
Segmentation Level Customization |
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Region level Data Customization |
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Country level Data Customization |
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Company Level |
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Additional Data Analysis |
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Additional Qualitative Data |
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Additional Quantitative Data |
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Service Level Customization |
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