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North America 1-hexene Market is Expected to Reach 482 Thousand MT in 2018 - New Report by MicroMarket Monitor
Date:8/16/2014

(PRWEB) August 16, 2014

1-Hexene is an organic compound with the formula C6H12. 1-Hexene is a colorless liquid. It is classified as a high olefin and is one of the industrially significant linear alpha olefins. C6 is mainly used as co-monomer of HAO-LLDPE and HDPE (high-density polyethylene). It may also be used as an intermediate to produce mercaptans, oxo alcohols, organic aluminum compounds, and synthetic fatty acids. 1-hexene is a critical component used to produce polyethylene, a plastic resin commonly converted into film, plastic pipe, milk jugs, detergent bottles, and food & beverage containers. 1-Hexene is commonly manufactured by general methods such as full-range processes through the oligomerization of ethylene and on-purpose technology.

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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 the growth of the 1-hexene market. North America is expected to be a highly lucrative 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, and the trend is expected to continue in the coming years. North America captures the largest share of the global demand. The North American 1-hexene market is the most dominant player in the global market, in terms of production and consumption of alpha olefins.

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