Global plastic production increased from 348 million tonnes in 2017 to 359 million tonnes in 2018, as per PlasticsEurope. Among all types of plastics, polypropylene (PP) and polyethylene are produced and consumed in the highest volumes. Common uses of PP are hinged caps, food packaging, microwave-proof containers and other pieces of houseware, plastic furniture, pipes, automotive components, medical supplies (syringes, vials, Petri dishes, and non-absorbable sutures), and even banknotes and items of clothing.
Similarly, PE, in both its low-density (LDPE) and high-density (HDPE) forms, is used in trays and containers, reusable bags, agricultural films, toys, food packaging, milk bottles, textiles & fibers, fittings & pipes, wires & cables, and houseware. The increasing demand for PP and PE products, according to P&S Intelligence, will be the key factor to take the alpha olefins market to $15,846.5 million by 2023 from $11,704.2 million in 2017, at a 5.4% CAGR between 2018 and 2023. This is because alpha-olefins are widely used in the production of polyolefin comonomers, of which PP and PE are the most-widely used.
Other key products made from alpha-olefins are surfactants and their intermediates, petroleum additives, synthetic lubricants, plasticizers, and oilfield chemicals. Among these, the demand for synthetic lubricants and petroleum additives is rising because of the increasing concerns regarding air pollution from gasoline (petrol)- and diesel-based automobiles. Also known as fuel additives, petroleum additives serve a range of purposes, such as controlling engine deposits, increasing the cetane (diesel) and octane (petrol) ratings, improving fuel fluidity in cold conditions, reducing nitrous oxide emissions, increasing the fuel lubricity and preventing the formation of foam.
As a result of the rising demand for all such products, the alpha olefins market is presently dominated by North America. In addition, a lot of petrochemical companies, such as Chevron Phillips Chemical Company LLC and Royal Dutch Shell Plc, are operational here. They not only provide alpha-olefins but also use them, in the form of oilfield chemicals. Moreover, the region is home to the largest medical device industry in the world, which is one of the reasons for its high requirement for PP. Similarly, the stringent Environmental Protection Agency (EPA) emission standards are forcing people to use lubricants and petroleum additives in on-road and non-road engines.
Hence, with the increasing demand for plastics, fuel additives, and lubricants, the consumption of alpha-olefins will surge.
The latest trending report Global Alpha Olefin Market 2020 by Manufacturers, Regions, Type and Application, Forecast to 2025 offered by DecisionDatabases.com is an informative study covering the market with detailed analysis.
The report will assist reader with better understanding and decision making.The global Alpha Olefin market size is expected to gain market growth in the forecast period of 2020 to 2025, with a CAGR of 4.2% in the forecast period of 2020 to 2025 and will expected to reach USD 10890 million by 2025, from USD 9227.5 million in 2019.The Alpha Olefin market report provides a detailed analysis of global market size, regional and country-level market size, segmentation market growth, market share, competitive Landscape, sales analysis, impact of domestic and global market players, value chain optimization, trade regulations, recent developments, opportunities analysis, strategic market growth analysis, product launches, area marketplace expanding, and technological innovations.Browse the complete report and table of contents @ https://www.decisiondatabases.com/ip/34051-alpha-olefins-market-analysis-reportThe major players covered in Alpha Olefin are: Chevron Godrej Shell INEOS Exxon Mobil SABIC Mitsubishi Chemical Evonik Akzo Nobel The Linde Group Reliance Industries Nizhnekamskneftekhim Idemitsu Kosan Sasol ONGC Petro additions Qatar Chemical CompanyBy Type, Alpha Olefin market has been segmented into 1-Butene 1-Hexene 1-Octene OthersBy Application, Alpha Olefin has been segmented into: Polyolefin Co-monomers Surfactants and Intermediates Lubricants Fine Chemicals Plasticizers Oil Field Chemicals OthersThe report offers in-depth assessment of the growth and other aspects of the Alpha Olefin market in important countries (regions), including: North America (United States, Canada and Mexico) Europe (Germany, France, UK, Russia and Italy) Asia-Pacific (China, Japan, Korea, India and Southeast Asia) South America (Brazil, Argentina, etc.
) Middle East & Africa (Saudi Arabia, Egypt, Nigeria and South Africa)Download Free Sample Report of Global Alpha Olefin Market @ https://www.decisiondatabases.com/contact/download-sample-34051The content of the study subjects, includes a total of 15 chapters:Chapter 1, to describe Alpha Olefin product scope, , market opportunities, market driving force and market risks.Chapter 2, to profile the top manufacturers of Alpha Olefin, with price, sales, revenue and global market share of Alpha Olefin in 2018 and 2019.Chapter 3, the Alpha Olefin competitive situation, sales, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.Chapter 4, the Alpha Olefin breakdown data are shown at the regional level, to show the sales, revenue and growth by regions, from 2015 to 2020.Chapter 5, 6, 7, 8 and 9, to break the sales data at the country level, with sales, revenue and market share for key countries in the world, from 2015 to 2020.Chapter 10 and 11, to segment the sales by type and application, with sales market share and growth rate by type, application, from 2015 to 2020.Chapter 12, Alpha Olefin market forecast, by regions, type and application, with sales and revenue, from 2020 to 2025.Chapter 13, 14 and 15, to describe Alpha Olefin sales channel, distributors, customers, research findings and conclusion, appendix and data source.Purchase the complete Global Alpha Olefin Market Research Report @ https://www.decisiondatabases.com/contact/buy-now-34051Other Reports by DecisionDatabases.com:Global 1-Octene Market 2020 by Manufacturers, Regions, Type and Application, Forecast to 2025Global Isobutene Market 2019 by Manufacturers, Regions, Type and Application, Forecast to 2024Global Cyclohexene (CAS 110-83-8) Market 2019 by Manufacturers, Regions, Type and Application, Forecast to 2024About-Us:DecisionDatabases.com is a global business research reports provider, enriching decision makers and strategists with qualitative statistics.
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The latest trending report Global Alpha-methylstyrene (AMS) Market 2020 by Manufacturers, Regions, Type and Application, Forecast to 2025 offered by DecisionDatabases.com is an informative study covering the market with detailed analysis.
The report will assist reader with better understanding and decision making.The Alpha-methylstyrene (AMS) market report provides a detailed analysis of global market size, regional and country-level market size, segmentation market growth, market share, competitive Landscape, sales analysis, impact of domestic and global market players, value chain optimization, trade regulations, recent developments, opportunities analysis, strategic market growth analysis, product launches, area marketplace expanding, and technological innovations.This report also researches and evaluates the impact of Covid-19 outbreak on the Alpha-methylstyrene (AMS) industry, involving potential opportunity and challenges, drivers and risks.
We present the impact assessment of Covid-19 effects on Alpha-methylstyrene (AMS) and market growth forecast based on different scenario (optimistic, pessimistic, very optimistic, most likely etc.
).Final Report will cover the impact of COVID-19 on this industry.Browse the complete report and table of contents @ https://www.decisiondatabases.com/ip/24838-alpha-methylstyrene-ams-market-analysis-reportThe major players covered in Alpha-methylstyrene (AMS) are:Ineos Phenol GmbHRosneft(SANORS)CepsaAdvanSix(Honeywell)Versalis (Eni)AltiviaMitsubishi ChemicalDOMO ChemicalsNovapexTaiwan Prosperity ChemicalKumho P ChemicalsLiwei ChemicalSI GroupPrasol ChemicalsBy Type, Alpha-methylstyrene (AMS) market has been segmented intoAssay above 99.5%OtherBy Application, Alpha-methylstyrene (AMS) has been segmented into:PlasticizersResins (ABS/Polyester/Alkyd)Polymerization ProductionOtherThe report offers in-depth assessment of the growth and other aspects of the Alpha-methylstyrene (AMS) market in important countries (regions), including:North America (United States, Canada and Mexico)Europe (Germany, France, UK, Russia and Italy)Asia-Pacific (China, Japan, Korea, India and Southeast Asia)South America (Brazil, Argentina, etc.
)Middle East & Africa (Saudi Arabia, Egypt, Nigeria and South Africa)Download Free Sample Report of Global Alpha-methylstyrene (AMS) Market @ https://www.decisiondatabases.com/contact/download-sample-24838The content of the study subjects, includes a total of 15 chapters:Chapter 1, to describe Alpha-methylstyrene (AMS) product scope, market overview, market opportunities, market driving force and market risks.Chapter 2, to profile the top manufacturers of Alpha-methylstyrene (AMS), with price, sales, revenue and global market share of Alpha-methylstyrene (AMS) in 2018 and 2019.Chapter 3, the Alpha-methylstyrene (AMS) competitive situation, sales, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.Chapter 4, the Alpha-methylstyrene (AMS) breakdown data are shown at the regional level, to show the sales, revenue and growth by regions, from 2015 to 2020.Chapter 5, 6, 7, 8 and 9, to break the sales data at the country level, with sales, revenue and market share for key countries in the world, from 2015 to 2020.Chapter 10 and 11, to segment the sales by type and application, with sales market share and growth rate by type, application, from 2015 to 2020.Chapter 12, Alpha-methylstyrene (AMS) market forecast, by regions, type and application, with sales and revenue, from 2020 to 2025.Chapter 13, 14 and 15, to describe Alpha-methylstyrene (AMS) sales channel, distributors, customers, research findings and conclusion, appendix and data source.Purchase the complete Global Alpha-methylstyrene (AMS) Market Research Report @ https://www.decisiondatabases.com/contact/buy-now-24838Other Reports by DecisionDatabases.com:Global Water Based Resins Market 2020 by Manufacturers, Regions, Type and Application, Forecast to 2025Global Plasticizers Market 2020 by Manufacturers, Regions, Type and Application, Forecast to 2025Global Anion-exchange Resins Market 2020 by Manufacturers, Regions, Type and Application, Forecast to 2025About-Us:DecisionDatabases.com is a global business research reports provider, enriching decision makers and strategists with qualitative statistics.
DecisionDatabases.com is proficient in providing syndicated research report, customized research reports, company profiles and industry databases across multiple domains.Our expert research analysts have been trained to map client’s research requirements to the correct research resource leading to a distinctive edge over its competitors.
