Introduction
In alpha olefin, second-largest component is known as 1-octene. It owns a double bond at alpha position of its molecular arrangement owing to which it has great reactivity. Fischer-Tropsch Synthesis and oligomerization of ethylene are the two methods for the production of 1-octene. The major segment of 1-octene market is linear low-density polyethylene (LLDPE), which is used to make buckets, covers, toys, pipes, extrusion coating and packaging films among others.
Market Dynamics
Versatile use of LLDPE and shale gas boom is majorly driving the growth of this market, globally. HDPE, LLDPE, synthetic lubricants, detergent alcohols, plasticizers, etc. are the various application arenas of 1-octene and thus, widespread usage of 1-octene among end user sectors is expected to boost the growth of this market in near future. However, the quick vaporizing quality and highly flammability of 1-octene hampers the growth of this market to some extent owing to its cautious property.
Market Classification
The 1-octene market is segmented into application, product type and geography. By application, the market is classified into production of LLDPE, plasticizers, and others. Based on product type, the market is classified into 0.97, 0.98 and others. Based on geography, market is divided into North America, Latin America, Europe, Asia-Pacific and Middle East & Africa (MEA).
Report Coverage
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Market
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1-Octene Market
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Analysis Period
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2015 – 2026
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Historic Data
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2015 – 2016
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Base Year
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2017
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Forecast Data
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2018 – 2026
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Market Stratification
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Application, Product Type, Geography
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Regional Scope
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North America, Europe, Asia-Pacific, Latin America, Middle East and Africa (MEA)
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Report Coverage
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Market Trends, Drivers, Restraints, Porter's Five Forces Analysis, Competitive Analysis,
Player Profiling, Value Chain Analysis
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Market Participants
The market players in the 1-octene market include Delphi Automotive LLP, Wuxi Longsheng Technology Co., Ltd, Zhejiang Yinlun Machinery Co., Ltd, BorgWarner Inc., MAHLE GmbH, Faurecia, Cummins, Inc., Tenneco Inc and Pierburg among others.
Market Segmentation
Market By Application
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Production of LLDPE
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Plasticizers
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Others
Market By Product Type
Market By Geography
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North America
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Europe
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UK
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Germany
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France
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Rest of Europe
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Asia-Pacific
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China
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Japan
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India
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Australia
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Rest of Asia-Pacific
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Latin America
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Brazil
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Rest of Latin America
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Middle East and Africa (MEA)
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South Africa
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Saudi Arabia
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Rest of MEA
