Europe 1-tetradecene Market is Expected to Reach at 1.16% from 2012 to 2018.


Posted January 21, 2015 by RobinMMM

1-tetradecene, a sub-section of the parent compound alpha olefin, is used in various chemical industries.

 
Alpha olefin, primarily termed as alkene and olefin, is a chemical compound that consists of a chain of twelve carbon atoms that is having a double bond at the alpha position. It is being observed that a double bond seems to enhance the reactivity of the compound, thereby increasing its usage in a wide range of applications. 1-tetradecene, a sub-section of the parent compound alpha olefin, is used in various chemical industries. Its ample scope of applications that ranges from polyethylene co-monomers to synthetic lubricants has resulted in increasing the growing demand of the 1-tetradecene market.
Europe and North America are considered to be the most lucrative markets of the alpha olefins. Due to the recent economic depression in Europe, 1-tretradecene market is growing at a slower pace in comparison to other regions. The European 1-tetradecene market is poised to rise at a CAGR of 1.16% from 2012 to 2018. Despite the economic restraints, the chemical industry in Europe is estimated to witness a significant growth in the coming years. Since more than half of the chemicals sales in the European region come from products, such as petrochemicals and polymers, it significantly affects the overall demand of polyalphaolefins products in this region.
Browse through the market data tables, figures and detailed TOC on the “Europe 1-tetradecene Market”.
http://www.micromarketmonitor.com/market/europe-1-tetradecene-1078842536.html

Related Reports
North America 1-tetradecene Market
The North American 1-tetradecene market growth is mainly attributed to the increasing demand of polyalphaolefins from the end-user industry, especially polyethylene. This market is projected to register a CAGR of 3.47% between 2012 and 2018. North America is considered to dominate the global market of alpha olefins, and has the highest market share in comparison to other regions. 1-tetradecene is a sub-product of the main parent, named as linear alpha olefins. A striking feature of this chemical compound is that it consists of a chain of twelve carbon atoms, intersecting at the alpha position. This intersection is known to enhance the reactivity of such chemical compounds, thereby increasing its scope of application across various chemical industry segments, which ranges from detergent alcohols to synthetic lubricants. In North America, the rapid progression of the chemical industry due to extensive investments and expansion plans made in this sector has resulted in the rapid progression of the 1-tetradecene market.
Apart from factors discussed above, significant technological developments made in the field of polyethylene have fueled the growing demand of 1-tetradecene market. Certain factors, such as the fluctuating prices of raw materials and heightened manufacturing costs might act as market restraints. North America, being the largest market base of polyalphaolefins, is competent enough to effectively overcome such restraints.
http://www.micromarketmonitor.com/market/north-america-1-tetradecene-9040503259.html

Asia-Pacific 1-tetradecene Market

The Asia-Pacific 1-tetradecene market report offers a comprehensive study on varied market dynamics, such as drivers, restraints, and upcoming opportunities. It provides an analytical perspective on the recent developments taking place in this industry. In-depth analysis of various market segments and competitive coverage of the key growth strategies adopted by the leading market players are vividly discussed in this report.

1-tetradecene is a type of linear alpha olefin that is completely different from other mono olefins. In scientific terms, alpha olefin is considered to be a family of organic compounds, which comprises alkenes and olefins that are primarily developed by the process of oligomerization of ethylene. These compounds are used in a wide range of chemical applications, such as detergent alcohols, polyethylene, and synthetic lubricants, among others.
http://www.micromarketmonitor.com/market/asia-pacific-1-tetradecene-9586192808.html

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Issued By Robin
Country United States
Categories Business , Construction , Services
Tags 1tetradecene , europe 1tetradecene market , europe 1tetradecene market report
Last Updated January 21, 2015