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The Asia Pacific Alpha Olefin market size was valued at US$ 2.78 billion in 2024 and is projected to reach US$ 3.86 billion by 2030, at a CAGR of 5.6% during the forecast period 2024-2030.
Alpha olefins are a class of organic compounds characterized by a carbon-carbon double bond at the primary or alpha position, used in the production of polyethylene, synthetic lubricants, and other chemical intermediates.
The Asia Pacific alpha olefin market is experiencing strong growth, driven by the expanding plastics and petrochemical industries. China leads with a 45% market share, followed by South Korea at 20% and Japan at 15%. In 2023, polyethylene co-monomers accounted for 50% of consumption, with synthetic lubricants at 25% and detergent alcohols at 15%. The market saw a 12% increase in demand for 1-hexene and 1-octene due to growing LLDPE production. Key players include Chevron Phillips Chemical Company (USA) and INEOS Group Ltd (UK), holding a combined 40% market share in the region. The industry is investing in on-purpose alpha olefin production technologies, with a 15% increase in capacity additions using ethylene oligomerization in 2023. Challenges include feedstock price volatility and competition from shale gas-based production, leading to a 7% focus on improving process efficiency. The trend towards high-performance polymers has driven an 18% growth in demand for higher alpha olefins (C10+) for specialty applications. The market is benefiting from the automotive industry's shift towards synthetic lubricants, with a 20% rise in PAO (Poly-Alpha-Olefin) based lubricant consumption.
Report Includes
This report is an essential reference for who looks for detailed information on Asia Pacific Alpha Olefin . The report covers data on Asia Pacific markets including historical and future trends for supply, market size, prices, trading, competition and value chain as well as Asia Pacific major vendors¡¯ information. In addition to the data part, the report also provides overview of Alpha Olefin , including classification, application, manufacturing technology, industry chain analysis and latest market dynamics. Finally, a customization report in order to meet user's requirements is also available.
This report aims to provide a comprehensive presentation of the Asia Pacific Alpha Olefin , with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Alpha Olefin . This report contains market size and forecasts of Alpha Olefin in Asia Pacific, including the following market information:
We surveyed the Alpha Olefin manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
• China
• India
• Japan
• South Korea
• Australia
• Thailand
• Indonesia
• 1-Butene
• 1-Hexene
• 1-Octene
• Others
• Polyolefin Co-monomers
• Surfactants and Intermediates
• Lubricants
• Fine Chemicals
• Plasticizers
• Oil Field Chemicals
• Others
• ExxonMobil
• Royal Dutch Shell
• Chevron Phillips Chemical
• SABIC
• INEOS
• Mitsui Chemicals
• Idemitsu Kosan
• Nizhnekamskneftekhim
• Sinopec
• PetroChina
Including or excluding key companies relevant to your analysis.
The report also provides analysis of leading market participants including:
• Key companies Alpha Olefin revenues in Asia Pacific market, 2019-2024 (Estimated), ($ millions)
• Key companies Alpha Olefin revenues share in Asia Pacific market, 2023 (%)
• Key companies Alpha Olefin sales in Asia Pacific market, 2019-2024 (Estimated),
• Key companies Alpha Olefin sales share in Asia Pacific market, 2023 (%)
Key Points of this Report:
• The depth industry chain includes analysis value chain analysis, porter five forces model analysis and cost structure analysis
• The report covers Asia Pacific and country-wise market of Alpha Olefin
• It describes present situation, historical background and future forecast
• Comprehensive data showing Alpha Olefin capacities, production, consumption, trade statistics, and prices in the recent years are provided
• The report indicates a wealth of information on Alpha Olefin manufacturers
• Alpha Olefin forecast for next five years, including market volumes and prices is also provided
• Raw Material Supply and Downstream Consumer Information is also included
• Any other user's requirements which is feasible for us
Reasons to Purchase this Report:
• Analyzing the outlook of the market with the recent trends and SWOT analysis
• Market dynamics scenario, along with growth opportunities of the market in the years to come
• Market segmentation analysis including qualitative and quantitative research incorporating the impact of economic and non-economic aspects
• Regional and country level analysis integrating the demand and supply forces that are influencing the growth of the market.
• Market value (USD Million) and volume (Units Million) data for each segment and sub-segment
• Distribution Channel sales Analysis by Value
• Competitive landscape involving the market share of major players, along with the new projects and strategies adopted by players in the past five years
• Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players
• 1-year analyst support, along with the data support in excel format.
1.1 Product Overview and Scope of Alpha Olefin
1.2.1 Asia Pacific Market Size YoY Growth Rate Analysis by Type: 2023 VS 2030
1.2.2 1-Butene
1.2.3 1-Hexene
1.2.4 1-Octene
1.2.5 Others
1.3.1 Asia Pacific Market Size YoY Growth Rate Analysis by Application: 2023 VS 2030
1.3.2 Polyolefin Co-monomers
1.3.3 Surfactants and Intermediates
1.3.4 Lubricants
1.3.5 Fine Chemicals
1.3.6 Plasticizers
1.3.7 Oil Field Chemicals
1.3.8 Others
1.4 Asia Pacific Market Growth Prospects
1.4.1 Asia Pacific Revenue Estimates and Forecasts (2019-2030)
1.4.2 Asia Pacific Production Estimates and Forecasts (2019-2030)
2.1 Industry Trends
2.1.1 SWOT Analysis
2.1.2 PESTEL Analysis
2.1.3 Porter’s Five Forces Analysis
2.2 Potential Market and Growth Potential Analysis
3.1 Asia Pacific Production by Manufacturers (2019-2023)
3.2 Asia Pacific Revenue Market Share by Manufacturers (2019-2023)
3.3 Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
3.4 Asia Pacific Average Price by Manufacturers (2019-2023)
3.5 Manufacturers Production Sites, Area Served, Product Type
3.6 Market Competitive Situation and Trends
3.6.1 Market Concentration Rate
3.6.2 Asia Pacific 5 and 10 Largest Players Market Share by Revenue
3.6.3 Mergers & Acquisitions, Expansion
4.1 Asia Pacific Production
4.1.1 Asia Pacific Production YoY Growth Rate (2019-2023)
4.1.2 Asia Pacific Production, Revenue, Price and Gross Margin (2019-2024)
5.1 Asia Pacific
5.1.1 Asia Pacific Consumption by Country
5.1.2 Asia Pacific Sales, Consumption, Export, Import (2019-2023)
5.1.1 China
5.2.2 India
5.3.3 Japan
5.4.4 South Korea
5.5.5 Australia
5.6.6 Thailand
5.7.7 Indonesia
6.1 Asia Pacific Production Market Share by Type (2019-2024)
6.2 Asia Pacific Revenue Market Share by Type (2019-2024)
6.3 Asia Pacific Price by Type (2019-2024)
7.1 Asia Pacific Production Market Share by Application (2019-2024)
7.2 Asia Pacific Revenue Market Share by Application (2019-2024)
7.3 Asia Pacific Price by Application (2019-2024)
8.1 ExxonMobil
8.1.1 ExxonMobil Corporation Information
8.1.2 ExxonMobil Product Portfolio
8.1.3 ExxonMobil Production Capacity, Revenue, Price and Gross Margin (2019-2024)
8.1.4 ExxonMobil Main Business and Markets Served
8.1.5 ExxonMobil Recent Developments/Updates
8.2 Royal Dutch Shell
8.2.1 Royal Dutch Shell Corporation Information
8.2.2 Royal Dutch Shell Product Portfolio
8.2.3 Royal Dutch Shell Production Capacity, Revenue, Price and Gross Margin (2019-2024)
8.2.4 Royal Dutch Shell Main Business and Markets Served
8.2.5 Royal Dutch Shell Recent Developments/Updates
8.3 Chevron Phillips Chemical
8.3.1 Chevron Phillips Chemical Corporation Information
8.3.2 Chevron Phillips Chemical Product Portfolio
8.3.3 Chevron Phillips Chemical Production Capacity, Revenue, Price and Gross Margin (2019-2024)
8.3.4 Chevron Phillips Chemical Main Business and Markets Served
8.3.5 Chevron Phillips Chemical Recent Developments/Updates
8.4 SABIC
8.4.1 SABIC Corporation Information
8.4.2 SABIC Product Portfolio
8.4.3 SABIC Production Capacity, Revenue, Price and Gross Margin (2019-2024)
8.4.4 SABIC Main Business and Markets Served
8.4.5 SABIC Recent Developments/Updates
8.5 INEOS
8.5.1 INEOS Corporation Information
8.5.2 INEOS Product Portfolio
8.5.3 INEOS Production Capacity, Revenue, Price and Gross Margin (2019-2024)
8.5.4 INEOS Main Business and Markets Served
8.5.5 INEOS Recent Developments/Updates
8.6 Mitsui Chemicals
8.6.1 Mitsui Chemicals Corporation Information
8.6.2 Mitsui Chemicals Product Portfolio
8.6.3 Mitsui Chemicals Production Capacity, Revenue, Price and Gross Margin (2019-2024)
8.6.4 Mitsui Chemicals Main Business and Markets Served
8.6.5 Mitsui Chemicals Recent Developments/Updates
8.7 Idemitsu Kosan
8.7.1 Idemitsu Kosan Corporation Information
8.7.2 Idemitsu Kosan Production Capacity, Revenue, Price and Gross Margin (2019-2024)
8.7.3 Idemitsu Kosan Main Business and Markets Served
8.7.4 Idemitsu Kosan Recent Developments/Updates
8.8 Nizhnekamskneftekhim
8.8.1 Nizhnekamskneftekhim Corporation Information
8.8.2 Nizhnekamskneftekhim Product Portfolio
8.8.3 Nizhnekamskneftekhim Production Capacity, Revenue, Price and Gross Margin (2019-2024)
8.8.4 Nizhnekamskneftekhim Main Business and Markets Served
8.8.5 Nizhnekamskneftekhim Recent Developments/Updates
8.9 Sinopec
8.9.1 Sinopec Corporation Information
8.9.2 Sinopec Product Portfolio
8.9.3 Sinopec Production Capacity, Revenue, Price and Gross Margin (2019-2024)
8.9.4 Sinopec Main Business and Markets Served
8.9.5 Sinopec Recent Developments/Updates
8.10 PetroChina
8.10.1 PetroChina Corporation Information
8.10.2 PetroChina Product Portfolio
8.10.3 PetroChina Production Capacity, Revenue, Price and Gross Margin (2019-2024)
8.10.4 PetroChina Main Business and Markets Served
8.10.5 PetroChina Recent Developments/Updates
9.1 Key Raw Materials Analysis
9.1.1 Key Raw Materials
9.1.2 Key Suppliers of Raw Materials
9.2 Proportion of Manufacturing Cost Structure
9.3 Manufacturing Process Analysis of Alpha Olefin
9.4 Industrial Chain Analysis
10.1 Marketing Channel
10.2 Distributors List
10.3 Customers
11.1 Industry Trends
11.2 Market Drivers
11.3 Market Challenges
11.4 Market Restraints
12.1 Asia Pacific Production, Revenue Forecast (2024-2030)
13.1 Asia Pacific Forecasted Consumption of by Country
14.1 Asia Pacific Production, Revenue and Price Forecast by Type (2024-2030)
14.1.1 Asia Pacific Forecasted Production of by Type (2024-2030)
14.1.2 Asia Pacific Forecasted Revenue of by Type (2024-2030)
14.1.3 Asia Pacific Forecasted Price of by Type (2024-2030)
14.2 Asia Pacific Production, Revenue and Price Forecast by Application (2024-2030)
14.2.1 Asia Pacific Forecasted Production of by Application (2024-2030)
14.2.2 Asia Pacific Forecasted Revenue of by Application (2024-2030)
14.2.3 Asia Pacific Forecasted Price of by Application (2024-2030)
16.1 Methodology/Research Approach
16.1.1 Research Programs/Design
16.1.2 Market Size Estimation
16.1.3 Market Breakdown and Data Triangulation
16.2 Data Source
16.2.1 Secondary Sources
16.2.2 Primary Sources
16.3 Author List
16.4 Disclaimer
17.1 Note
17.2 Examples of Clients
Frequently Asked Questions ?
