Alpha Olefins Market Size And Forecast
According to Verified Market Research, the Alpha Olefins Market was valued at USD 9.5 Billion in 2018 and is projected to reach USD 16.2 Billion by 2026, growing at a CAGR of 7.0% from 2019 to 2026.

What are Alpha Olefins?
Alpha olefins are organic compounds, manufactured by the oligomerization of ethylene. The name alpha suffices the position of a double bond at alpha position. These compounds are used in various applications including comonomers for polyolefin production, synthetic lubricant production, as a surfactant in detergent production crude oil refining, and in many other applications. Alpha olefins are also used in synthetic fatty acids, alkylated aromatics, and tanning oils. In the plastic industry, alpha olefins are used in the manufacturing of LLDPE and HDPE.

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Global Alpha Olefins Market Outlook
In the report, the market outlook section mainly encompasses the fundamental dynamics of the market which include drivers, restraints, opportunities, and challenges faced by the industry. Drivers and restraints are intrinsic factors whereas opportunities and challenges are extrinsic factors of the market.

The rising demand for alpha olefins in various applications such as polyolefin co-monomers, surfactants and intermediates, automotive, and many more is majorly responsible to augment the growth of the global alpha olefins market. Moreover, increasing demand for pao-based synthetic lubricants is also likely to fuel market growth. Growing population and increasing demand for alpha olefins-based food packaging products, which in turn drive the growth of the target market. However, volatility in raw material prices might hamper the demand and constraint the growth of the target market. Furthermore, growing research and development expenditure for the production of bio-based alpha-olefins is expected to create a lucrative opportunity for the global market.

Verified Market Research narrows down the available data using primary sources to validate the data and use it in compiling a full-fledged market research study. The report contains a quantitative and qualitative estimation of market elements that interests the client. The “Global Alpha Olefins Market” is mainly bifurcated into sub-segments which can provide classified data regarding the latest trends in the market.

Global Alpha Olefins Market Competitive Landscape
The “Global Alpha Olefins Market” study report will provide a valuable insight with an emphasis on global market including some of the major players such as Chevron Phillips Chemical Company, Royal Dutch Shell PLC, SABIC, INEOS, Evonik Industries AG, Exxonmobil Corporation, Qatar Chemical Company Ltd., The Dow Chemical Company, Sasol Limited, and PJSC Nizhnekamskneftekhim.

Our market analysis also entails a section solely dedicated to such major players wherein our analysts provide an insight into the financial statements of all the major players, along with its product benchmarking and SWOT analysis. The competitive landscape section also includes key development strategies, market share and market ranking analysis of the above-mentioned players globally.

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Alpha Olefins Market segment analysis:
Alpha Olefins Market is segmented into product, application, and geographic scope.

Alpha Olefins Market, By Product
• 1-Butene
• 1-Hexene
• 1-Octene
• Others

Alpha Olefins Market, By Application
• Polyolefin Co-monomers
• Surfactants & Intermediates
• Lubricants
• Others

Alpha Olefins Market Geographic Scope
• North America
o U.S.
o Canada
o Mexico
• Europe
o Germany
o UK
o France
o Rest of Europe
• Asia Pacific
o China
o Japan
o India
o Rest of Asia Pacific
• Rest of the World

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