Title: Europe Alpha Olefins Market is Expected to Reach $1,958 Million in 2018
1Worlds 1st Real Time Market Intelligence
MicroMarket Monitor
Forecasts
- Europe Alpha Olefins Market is Expected to Reach
1,958 Million in 2018
2 Browse through the market data tables, figures
and detailed ToC on the Europe Alpha Olefins
Market. http//www.micromarketmonitor.com/marke
t/europe-alpha-olefins-1214921799.html
3- An alpha olefin is an olefin or an alkene with a
double bond, located on the primary or alpha
position of the carbon chain, or between the 1st
and 2nd carbon atom. - There are two types of alpha-olefins, namely,
branched and linear (or normal). - The alpha olefin market is a vital market, owing
to the ample scope of its applications such as
polyethylene co-monomers and synthetic
lubricants, across a wide range of industries. - North America and Europe have been lucrative
markets for alpha olefins however, Asia-Pacific
has emerged as a major consumer, due to the
increasing demand from the export-based industry
development and demand from the growing domestic
front due to a rise in living standards.
4- The global alpha olefin market is estimated to
grow from 7,472 million in 2013 to 9,589
million by 2018. - In 2013, the alpha olefin market was dominated
by the North American region, with a share of
44.7 of the alpha olefin market, in terms of
volume. - Europe was the second largest consumer of alpha
olefins, which represented nearly 21.6 of the
share of the global consumption, followed by
Asia-Pacific that accounted for 14.6 of the
alpha olefin market in 2013. - The alpha olefins market for emerging economies
of the world is expected to grow at faster growth
rates, while the market in matured economies is
expected to grow at modest rates.
5Asia-Pacific Alpha Olefins Market
- Globally, the Asia-Pacific alpha olefin market
ranks third, in terms of demand. - The key countries in the Asia-Pacific market
include China, India, Japan, and South Korea.
China and India have shown promising demand for
alpha olefin and the demand is expected to
increase in the coming years. - The Asia-Pacific region accounted for a market
share of 14.6 of the total demand generated by
the alpha olefin demand, in 2013. - By 2018, the region is expected to account for
about 16.0 of the total demand. In countries
such as China and India, there is not only strong
demand growth for petrochemicals in general, but
also an increased need for more sophisticated
products that would ultimately contribute towards
the growth of alpha olefins. - http//www.micromarketmonitor.com/market/asia-paci
fic-alpha-olefins-8996359426.html
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