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Europe 1-decene Market is Expected to Reach 251.7 thousand MT in 2018 - New Report by MicroMarket Monitor

(PRWEB) July 30, 2014

Decene is an alkene with the formula C10H20. Decene contains a chain of ten carbon atoms with one double bond. 1-Decene enters all reactions that are typical of 1-decenes. It can be used as a co-monomer in certain copolymers and as an intermediate to produce epoxides, amines, oxo alcohols, synthetic lubricants, synthetic fatty acids, and alkylated aromatics.

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The major application of 1-decene is to make polyalphaolefin synthetic lubricant base stock (PAO) and produce surfactants in a blend with higher linear 1-decenes. The C10 (1-decene) alpha olefin demand was 389 thousand MT in 2013, which is expected to reach 525 thousand MT by 2018.

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The European 1-decene market has matured, and therefore the growth of this market is expected to be lower as compared to the past growth rates. The key countries in the region include Germany, France, Italy, and the U.K., which together accounted for a major share of the European 1-decene market, in terms of volume, in 2013. The C10 alpha olefin (1-decene) demand in Europe was 190.8 thousand MT in 2013, which is expected to reach 251.7 thousand MT by 2018. The European region is expected to experience slow growth in the next five years, owing to the global slowdown.

Browse through the market data tables, figures and detailed ToC on the “Europe 1-decene Market”.

Related Reports

North America 1-decene Market
In the North American region, there is huge consumption potential, growing production capacities, competitive manufacturing costs, and high economic growth rates that are favorable forces for future growth in the 1-decene market. North America’s 1-decene demand is expected to reach 213.9 thousand MT by 2018. The North American 1-decene market is a dominant region in terms of production and consumption of alpha olefins. North America is expected to be a good market for polyethylene. The key countries in the North American market are the U.S., Canada, and Mexico. Canada and Mexico have shown promising growth rates for polyethylene consumption, which is expected to continue over a few years. The U.S. dominated the North American 1-decene market with a share of nearly 85% of the total market, followed by Canada and Mexico. The region is characterized by continuous technical innovations in various segments of the 1-decene industry, with the presence of a few top regional players.

Asia-Pacific 1-decene Market
Globally, the Asia-Pacific 1-decene market ranks third with respect to demand. The Key countries in the Asia-Pacific market include China, India, Japan, and South Korea. China and India have shown a promising demand for 1-decene, which is expected to continue over a few more years. Asia-Pacific’s 1-decene demand is expected to reach 41.5 thousand MT by 2018. The Asia-Pacific region accounted for a market share of 14.6% of the total demand generated by the 1-decene demand in 2013.

Middle East 1-decene Market
The Middle East is one of the important regions in terms of production and consumption of 1-decene. The Middle East & Africa 1-decene market is expected to reach 12.6 thousand MT by 2018. The Middle East is emerging as a major producer of polyethylene and is subsequently expected to become a major exporter of polyethylene, which is in-turn going to increase the overall demand of 1-decene in the market. The Middle East accounted for a market share of 12.4% of the total demand generated in the 1-decene market in 2013. The major players in the region include Saudi Basic Industries Corporation (Saudi Arabia), and Qatar Chemical Company Ltd. (Qatar).

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