The global 1-decene market size is expected to reach USD 1,223.20 Million by 2032, according to a new study by Polaris Market Research. The report “1-Decene Market [By Derivative (Polyalphaolefins, Oxo Alcohols (Plasticizer and Detergent Alcohols), Linear Alkyl Benzene, Linear Mercaptans, Chlorinated Alpha Olefins, Alkyl Dimethylamine & di-Alkyl Dimethylamine); By Application; By Grade; By End-Use; By Region]: Market size & Forecasts, 2023-2032” gives a detailed insight into current market dynamics and provides analysis on future market growth.
The 1-Decene Market is expanding significantly as a result of the rising population, increased packaged food consumption, and increased production of plastics and autos. One significant development that is expected to have an impact on the demand pattern for the 1-Decene Market is the rising need for parts-based synthetic lubricants.
Synthetic lubricant producers are forced to look for other raw materials for oil production due to a lack of PAO in the market. Thus, ester-based synthetic oils are becoming more popular and are projected to hamper the growth of the 1-decene market over the forecast period.
Demand for poly alpha olefins has recently increased due to the rising use of synthetic lubricants, which offer superior lubrication and result in reduced engine wear and tear. The most popular alpha-olefin for PAO manufacturing is C-10, which is created when linear alpha olefins are oligomerized. The primary reason driving the 1-decene sector is anticipated to be rising PAO demand for generating engine/gear oils, greases, and other lubricants.
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Synthetic lubricant producers are forced to look for other raw materials for oil production de to a lack of PAO on the market. Thus, ester-based synthetic oils are becoming more popular and are projected to have an impact on the growth of the 1-decene market over the forecast period.
The market for 1-decene is driven by rising poly alpha olefin manufacturing. The demand for synthetic lubricants has been indirectly increased by strict regulations in the cosmetic and food and beverage industries as well as growing environmental concerns in the automobile sector. The need for synthetic lubricants has increased, which has increased 1-decene consumption.
1-Decene market Report Highlights
Polaris Market Research has segmented 1-Decene market report based on Derivative, Application, Grade, End Use and region:
1-Decene market, Derivative Outlook (Revenue - USD Million, 2019-2032)
1-Decene market, application Outlook (Revenue - USD Million, 2019-2032)
1-Decene market, Grade Outlook (Revenue - USD Million, 2019-2032)
1-Decene market, end use Outlook (Revenue - USD Million, 2019-2032)
1-Decene market, Regional Outlook (Revenue - USD Million, 2019-2032)
Middle East and Africa