Alpha Olefin Industry analysis research and trends report Alpha Olefin Market

Global Alpha Olefin Market 2019 By Regional Trend &
Growth Forecast To 2025: Global Market Insights Inc.
According to new Global Market Insights, Inc, chemical research report Alpha Olefin
Market size is likely to witness a significant upsurge to 2025 owing to growing demand
for linear low-density polyethylene (LLDPE) and high-density polyethylene (HDPE) in
plastics industry. It is majorly utilized for LLDPE & HDPE manufacturing owing to
attaining persuading attributes including superior resistance and flexibility which may
accelerate industry growth.
1-Hexene alpha olefin market size is anticipated to rise significantly in projected
timeframe owing to growing plastics and automobiles demand. 1- Hexene is
predominantly utilised as a comonomer in manufacturing plastic products including
polyethylene, LLDPE and HDPE for attaining superior mechanical resistance which
will promote product demand. Growing plastic packaging demand from industries
including food & beverages, pharmaceutical, chemical, consumer goods and
cosmetics & personal care will favour plastics demand thus, driving 1-Hexene olefins
market growth.
Alpha Olefin market size from surfactant application may witness a steady demand
over forecast period. Growing product utilisation in surfactants production owing to
beneficial attributes including superior detergency, compatibility with hard water along
with quality wetting and forming should promote industry growth.
Alpha Olefin market size from plastomers application may witness appreciable gains
in the projected time frame. Rising product utilisation as a major raw material for
plastomers production owing to gain rubber like properties and plastic processability
will have positive impact on industry growth. Growing plastomers demand in flexible
packaging, molded & extruded products and foamed compounds manufacturing owing
to superior toughness, impact strength, durability and flexibility should promote
product demand.
Rising synthetic lubricants demand over petroleum-based lubricants owing to
persuading characteristics including biodegradability and non-toxicity which will
promote industry growth. Escalating synthetic lubricants demand in automotive
industry due to energy efficiency, superior wear protection and broad range of working
temperature should accelerate alpha olefin product demand.
Volatility in raw material prices including ethylene owing to ethane feedstock supply
deficit for ethylene production may challenge industry profitability, thus affecting alpha
olefin market price trends. Rising capital investment for setting up commercial
manufacturing plant may hamper industry growth.
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