COVID-19 Impacts: Alpha Olefins Market Will Accelerate at a CAGR of Almost 6% Through 2020-2024 | The Increasing Demand For Rubber Chemicals to Boost Growth | Technavio


LONDON–()–Technavio has been monitoring the alpha olefins market and it is poised to grow by 1209.22 k MT during 2020-2024, progressing at a CAGR of almost 6% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.

Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Please Request Latest Free Sample Report on COVID-19 Impact

The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Akzo Nobel NV, Chevron Phillips Chemical Co. LLC, Evonik Industries AG, Exxon Mobil Corp., Idemitsu Kosan Co. Ltd., INEOS Group Holdings SA, Mitsubishi Chemical Holdings Corp., Royal Dutch Shell Plc, Sasol Ltd., and Saudi Basic Industries Corp. are some of the major market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

The increasing demand for rubber chemicals has been instrumental in driving the growth of the market. However, fluctuations in oil prices might hamper the market growth.

Alpha Olefins Market 2020-2024 : Segmentation

Alpha Olefins Market is segmented as below:

  • Type

    • 1-Hexene
    • 1-Butene
    • 1-Octene
    • 1-Decene
    • Others
  • Geography

    • North America
    • Europe
    • APAC
    • MEA
    • South America

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Alpha Olefins Market 2020-2024 : Scope

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. Our alpha olefins market report covers the following areas:

  • Alpha Olefins Market size
  • Alpha Olefins Market trends
  • Alpha Olefins Market industry analysis

This study identifies the expansion of end-user industries as one of the prime reasons driving the alpha olefins market growth during the next few years.

Alpha Olefins Market 2020-2024 : Vendor Analysis

We provide a detailed analysis of around 25 vendors operating in the alpha olefins market, including some of the vendors such as Akzo Nobel NV, Chevron Phillips Chemical Co. LLC, Evonik Industries AG, Exxon Mobil Corp., Idemitsu Kosan Co. Ltd., INEOS Group Holdings SA, Mitsubishi Chemical Holdings Corp., Royal Dutch Shell Plc, Sasol Ltd., and Saudi Basic Industries Corp. Backed with competitive intelligence and benchmarking, our research reports on the alpha olefins market are designed to provide entry support, customer profile and M&As as well as go-to-market strategy support.

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Alpha Olefins Market 2020-2024 : Key Highlights

  • CAGR of the market during the forecast period 2020-2024
  • Detailed information on factors that will assist alpha olefins market growth during the next five years
  • Estimation of the alpha olefins market size and its contribution to the parent market
  • Predictions on upcoming trends and changes in consumer behavior
  • The growth of the alpha olefins market
  • Analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of alpha olefins market vendors

Table Of Contents :

Executive Summary

Market Landscape

  • Market ecosystem
  • Value chain analysis

Market Sizing

  • Market definition
  • Market segment analysis
  • Market size 2019
  • Market outlook: Forecast for 2019 – 2024

Five Forces Analysis

  • Five Forces Summary
  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition

Market Segmentation by Application

  • Market segments
  • Comparison by Application
  • Polyethylene – Market size and forecast 2019-2024
  • Synthetic lubricants – Market size and forecast 2019-2024
  • Plasticizers – Market size and forecast 2019-2024
  • Others – Market size and forecast 2019-2024
  • Market opportunity by Application

Market Segmentation by Type

  • Market segments
  • Comparison by Type
  • 1-Hexene – Market size and forecast 2019-2024
  • 1-Butene – Market size and forecast 2019-2024
  • 1-Octene – Market size and forecast 2019-2024
  • 1-Decene – Market size and forecast 2019-2024
  • Others – Market size and forecast 2019-2024
  • Market opportunity by Type

Customer Landscape

Geographic Landscape

  • Geographic segmentation
  • Geographic comparison
  • North America – Market size and forecast 2019-2024
  • Europe – Market size and forecast 2019-2024
  • APAC – Market size and forecast 2019-2024
  • MEA – Market size and forecast 2019-2024
  • South America – Market size and forecast 2019-2024
  • Key leading countries
  • Market opportunity by geography

Volume Driver- Demand led growth

Market Challenges

Market Trends

Vendor Landscape

  • Vendor landscape
  • Landscape disruption

Vendor Analysis

  • Vendors covered
  • Market positioning of vendors
  • Akzo Nobel NV
  • Chevron Phillips Chemical Co. LLC
  • Evonik Industries AG
  • Exxon Mobil Corp.
  • Idemitsu Kosan Co. Ltd.
  • INEOS Group Holdings SA
  • Mitsubishi Chemical Holdings Corp.
  • Royal Dutch Shell Plc
  • Sasol Ltd.
  • Saudi Basic Industries Corp.

Appendix

  • Scope of the report
  • Currency conversion rates for US$
  • Research methodology
  • List of abbreviations

About Us

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.



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