Worldwide Linear Alpha Olefins Market forecasts on regional growth, industry players and more

1
Linear Alpha-Olefin Market Growth Analysis,
Opportunities Forecasts till 2024
2
Global Market Scenario of Linear Alpha Olefins
Industry

• Linear Alpha Olefins (LAO) Market size may
  surpass USD 19 billion by 2024 according to a
  new research report by Global Market Insights,
  Inc.
• Growing PAOs demand in synthetic based lubricants
  manufacturing due to key properties including
  reduced wear tear, low volatility, thermal
  stability, natural lubricity and chemical
  inertness should positively influence linear
  alpha olefins market size. PAO is widely used in
  production of engine oils and greases to balance
  cost with performance may fuel product demand.
• U.S. linear alpha olefins demand market must
  surpass USD 6 billion during the forecast period
  due to its surge in ethylene production and shale
  oil boom in the region. Availability and constant
  supply of ethylene at low price has resulted in
  increasing production of LAO based products.

3
Continue

• Linear alpha olefins market demand from HDPE
  application should grow steadily surpassing USD
  2.4 billion by 2024. Growing HDPE demand in film
  and injection molding applications owing to its
  superior impact puncture resistance and high
  tensile strength should boost product demand over
  the forecasted timeframe.
• Companies focusing on development of bio based
  products to reduce dependency on fossil based raw
  materials should have positive impact on market
  growth. Growing RD expenditures to formulate
  renewable products and reduce environmental
  impact should favor industry growth. Increasing
  investments on to enhance manufacturing process
  technology for high quality products should surge
  linear alpha olefins demand.
• Key feedstock required for commercial LAO
  production include ethylene, syn-gas and C4
  steam. Fluctuating crude oil index coupled with
  procurement risk associated with transportation
  handling of raw material may challenge industry
  profitability and impact linear alpha olefins
  market price trends. However, technological
  innovations in production process to produce
  sustainable products should propel industry
  growth.

4
U.S. Linear Alpha Olefins Market Size, By
Application, 2016 2024 (USD Million)
5
Regional Insights

• Europe, led by Germany, France and Italy linear
  alpha olefins market size, is estimated to show
  steady growth rates and surpass 1.5 million tons
  by 2024. Increasing production and sales of
  automobiles coupled with presence of big
  automotive production companies should favor
  industry growth.
• Increasing environmental concern towards harmful
  automobile emissions supported by strict
  automobile emission control policies set by
  government should boost synthetic lubricants
  demand thereby driving market demand.
• Easy accessibility, consistent supply and low
  cost of key raw material, ethylene for production
  owing to shale gas exploration activities mainly
  in U.S. and Europe should stimulate linear alpha
  olefins market growth. Increasing petrochemicals
  demand along with development of enhance drilling
  techniques has led to rise in shale gas
  extraction thereby driving linear alpha olefins
  market growth.

6

Latest Research Report On Linear Alpha Olefins
Market_at_ http//bit.ly/2imis5P Request Table
of Contents of this report_at_ http//bit.ly/2z6ScXC
For Customization in this report
click_at_ http//bit.ly/2jwGGOh
7
Stay In Touch You can visit us at
www.gminsights.com
Thank You