1-Decene Market Trends: Uncovering Lucrative Business Opportunities to 2023-2035

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1-Decene Market Projected to Witness Substantial
Growth Analysis and Statistics 2023-2035
Global 1-Decene Market Key Insights During the
forecast period of 2023-2035, the global 1-decene
market is expected to reach an estimated value
of USD 5.0 billion by 2035, by expanding at a
CAGR of 10. The market further generated a
revenue of USD 2 billion in the year 2022. Major
key factors propelling the growth of 1-decene
market worldwide are the expanding automotive
industry and the higher production of chemicals
across the world.
Market Definition of 1-Decene 1-decene is one of
the isomers of an organic compound that contains
a series of 10 carbon atoms with one double
bond. The arrangement of the double bond decides
the isomer of the decene. The chemical formula
of decene is C10H20. Out of all the isomers,
1-decene is the only isomer that has industrial
significance. It is a crucial element in the
production of plasticizer alcohols. Moreover, in
aircraft, industrial gear systems, crankcases,
maritime applications, and automatic
transmission engines, poly-alpha olefin (PAO) is
utilized as a high- performance synthetic
lubricant.
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• Global 1-Decene Market Growth Drivers
• The growth of the global 1-decene market can
  majorly be attributed to the expanding
  automotive industry, followed by growing chemical
  industry. 1-decene is extensively used as
  lube-oil, and gear oil in the automotive
  industry. Around the world, 80 million
  automobiles were produced in 2021, approximately
  1.3 rise from 2020. Moreover, the revenue of
  global automotive industry is likely to reach
  USD 9 trillion by 2030. Furthermore, the chemical
  sector generated about 5 trillion dollars in
  revenue worldwide in 2021 and it is expected to
  add USD
• 300 billion to revenue by 2025. On the other
  hand, 1-decene is majorly used in the
  manufacturing of packaging material as it
  increases the plasticity of the material.
  Moreover, it enhances the resistance of plastic
  to extreme weather. Therefore, the growth of the
  market size can also be attributed to growing
  consumption of packaged food, where packaging
  materials are used widely. Global packaged food
  sales increased from USD 2 trillion in 2016 to
  over USD 3 trillion in 2019.
• The global 1-decene market is also estimated to
  grow majorly on account of the following
• Rising Demand for Automobiles
• Growing Investment in RD sector by Businesses
• Growing Consumption of Ready to Eat Food
• Rising Production by Chemical Industry
• Higher Use of Detergents for Clothes and Dishes

Global 1-Decene Market Restraining Factor The
prices of raw material used for making 1-decene
is indefinite, there are strict rules imposed by
the government on the production of 1-decene.
Moreover, 1-decene can be severely toxic, if not
used properly. Hence, these factors are expected
to be the major hindrance for the growth of the
global 1-decene market during the forecast period.
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• Global 1-Decene Market Segmentation
• By Derivatives (Polyalphaolefins, Synthetic
  Lubricants, Oxo Alcohols, Plasticizer, and
  Detergent Alcohols)
• By Grade (Bio-Based, and Synthetic)
• By Application (Surfactants, Plasticizers,
  Synthetic Lubricants, and Polyethylene)
• By End-Use Industry (Food Beverage,
  Pharmaceutical, and Paints Dyes)
• The food beverage segment, amongst all the
  other segments, is anticipated to garner the
  largest revenue by the end of 2035. The growth of
  the segment can be
• attributed to the growing consumption of packaged
  food and beverages, followed by the growing
  consumption of packaged water bottles. With an
  average of 28 billion gallons of bottled water
  consumed per person in 2020, China leads the
  globe in bottled water consumption. The United
  States, with almost 15 billion gallons of usage
  that year, came in second.
• By Region
• The North America 1-decene market is anticipated
  to hold the largest market share by the end of
  2035 among the market in all the other regions.
  The market size is expected to expand on the
  account of increasing sales of vehicles, backed
  by the growing use of 1-decene for the
  preparation of lubricating base oil, such as
  engine oils, gear oils, and greases. 1-decene is
  known to increase the quality of the lubricants.
  As per the statistics of the International
  Organization for Motor Vehicle Manufacturers
  (OICA), the sale of vehicles grew jumped to
  around 22 million in 2021, from nearly 20 million
  in 2020. Besides this, the market growth in
  North America is also expected on the back of
  the growing chemical industry of the region. One
  of the world's top producers of chemical goods
  is the United States. The value of its chemical
  shipments in 2021, including the pharmaceutical
  industry, was close to 770 billion dollars.
• The market research report on global 1-decene
  also includes the market size, market revenue,
  Y-o-Y growth, and key player analysis applicable
  for the market in North America (U.S., and
  Canada), Latin America (Brazil, Mexico,
  Argentina, Rest of Latin America), Asia-Pacific
  (China, India, Japan, South Korea, Singapore,
  Indonesia, Malaysia, Australia, New Zealand,
  Rest of Asia-Pacific), Europe (U.K., Germany,
  France,

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Italy, Spain, Hungary, Belgium, Netherlands
Luxembourg, NORDIC (Finland, Sweden, Norway,
Denmark), Ireland, Switzerland, Austria, Poland,
Turkey, Russia, Rest of Europe), and Middle East
and Africa (Israel, GCC (Saudi Arabia, UAE,
Bahrain, Kuwait, Qatar, Oman), North Africa,
South Africa, Rest of Middle East and Africa).
Key Market Players Featured in the Global
1-Decene Market Some of the key players of the
global 1-decene market are Shell group, Exxon
Mobil Corporation, INEOS AG, Chevron Phillips
Chemical Company LLC, Sasol Limited, Qatar
Chemical Company Ltd, Idemitsu Kosan Co., Ltd.,
Saudi Basic Industries Corporation, Alfa Aesar,
Thermo Fisher Scientific, Gelest, Inc., and
others. Get a Sample PDF Brochure
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