1-Decene - Global Strategic Business Report

The global market for 1-Decene was valued at US$707.2 Million in 2024 and is projected to reach US$1.0 Billion by 2030, growing at a CAGR of 6.8% from 2024 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions.

Global 1-Decene Market - Key Trends & Drivers Summarized

1-Decene is a linear alpha olefin, a type of hydrocarbon characterized by having a double bond at the alpha position of its carbon chain. This chemical compound is typically derived through the oligomerization of ethylene or the Fischer-Tropsch process from coal or natural gas. 1-Decene serves as an essential building block in the production of synthetic lubricants, surfactants, and detergents, and it is particularly valued for its ability to undergo reactions that form more complex molecular structures. Its role is critical in the manufacture of polyalphaolefins (PAOs), which are high-performance synthetic base oils used extensively in automotive and industrial lubricants.

The demand for 1-Decene is closely linked to its applications in various industries. The most significant use is in the synthesis of PAOs, which are preferred in applications requiring high stability, low volatility, and excellent performance at extreme temperatures. These properties make PAOs ideal for use in high-performance motor oils, gear oils, and hydraulic fluids. Besides lubricants, 1-Decene is also a key component in the production of alkylbenzenes for detergents and linear alkylbenzene sulfonates (LABS), which are common in household cleaning products. The versatility of 1-Decene in synthesizing a range of derivatives that meet specific industrial requirements boosts its demand across multiple sectors, including automotive, manufacturing, and consumer goods.

The growth in the 1-Decene market is driven by several factors, including advances in chemical processing technology, expanding automotive and industrial sectors, and stringent environmental regulations. Technological improvements in the extraction and processing of natural gas, where 1-Decene is often sourced, have made this feedstock more accessible and cost-effective, enhancing market supply dynamics. The escalating production and sales of vehicles worldwide necessitate more high-quality lubricants, propelling the demand for PAOs and subsequently for 1-Decene. Additionally, regulatory trends towards environmentally safer and biodegradable products encourage the development of new 1-Decene-based formulations that align with sustainability goals.

Scope of the Study

The report analyzes the 1-Decene market, presented in terms of market value (US$ Thousand). The analysis covers the key segments and geographic regions outlined below.

Segments:

Derivative (Polyalphaolefins, Oxo Alcohols, Other Derivatives).

Geographic Regions/Countries:

World; USA; Canada; Japan; China; Europe; France; Germany; Italy; UK; Spain; Russia; Rest of Europe; Asia-Pacific; Australia; India; South Korea; Rest of Asia-Pacific; Latin America; Argentina; Brazil; Mexico; Rest of Latin America; Middle East; Iran; Israel; Saudi Arabia; UAE; Rest of Middle East; Africa.

Key Insights:

• Market Growth: Understand the significant growth trajectory of the Polyalphaolefins Derivative segment, which is expected to reach US$745.4 Million by 2030 with a CAGR of a 7.2%. The Oxo Alcohols Derivative segment is also set to grow at 6.1% CAGR over the analysis period.
• Regional Analysis: Gain insights into the U.S. market, valued at $167.7 Million in 2024, and China, forecasted to grow at an impressive 10.0% CAGR to reach $136.2 Million by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.

Report Features:

• Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2024 to 2030.
• In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
• Company Profiles: Coverage of major players such as Chevron Phillips Chemical Company LLC, Exxon Mobil Corporation, Idemitsu Kosan Co., Ltd., INEOS Group Holdings S.A., Cole-Parmer Instrument Company LLC and more.
• Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.

Why You Should Buy This Report:

• Detailed Market Analysis: Access a thorough analysis of the Global 1-Decene Market, covering all major geographic regions and market segments.
• Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
• Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global 1-Decene Market.
• Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.

Key Questions Answered:

• How is the Global 1-Decene Market expected to evolve by 2030?
• What are the main drivers and restraints affecting the market?
• Which market segments will grow the most over the forecast period?
• How will market shares for different regions and segments change by 2030?
• Who are the leading players in the market, and what are their prospects?

Some of the 38 major companies featured in this 1-Decene market report include:

• Chevron Phillips Chemical Company LLC
• ExxonMobil Corporation
• Idemitsu Kosan Co., Ltd.
• INEOS Group Holdings S.A.
• Cole-Parmer Instrument Company LLC
• Nizhnekamskneftekhim
• Gelest, Inc.
• DAYANG CHEM (HANGZHOU) CO., LTD
• Chiron AS
• Hefei TNJ Chemical Industry Co., Ltd.
• Alfa Chemistry
• Orochem Technologies Inc.
• Angene International Ltd.
• GM Chemical Co., Ltd.
• City Chemical LLC