Olefin Market

Olefin by Product Type (1-Hexane, 1-Butene, 1-Octane, 1-Dodecene, 1-Decene, and Others), By Applications (Synthetic Lubricants, Detergent Alcohol, Plasticizers, Cosmetics, Polyethylene, Adhesives, and Others), By Region (North America, Europe, APAC and Rest of the World)

  • Report ID : MD1264
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  • Pages : 210
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  • Tables : 87
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Olefins are the unsaturated hydrocarbons that contain at least one carbon-carbon double bond. They are also known as alkenes. They are generally the non-polar, colorless and combustible unsaturated hydrocarbons. They are extracted by cracking naphtha, crude oil or natural gas and are chiefly used as raw materials in many chemical products. Further, they are used for manufacturing several key plastics, resins, and polymers. Some of the prominently used olefins are ethylene, propylene, and butadiene. Ethylene and propylene are the most commonly used raw materials in plastics and chemical industries. As per the recent Olefins market research report, the production of ethylene and propylene all over the world was estimated to be 115 million tones and 70 million tones respectively.

olefin market

Olefin  Market revenue shall reach a value of USD Billion in 2031, growing with a CAGR of X.X% during the forecast period of 2022 to 2031. In terms of volume sales, the market is anticipated to reach XX Units.

In early times, the olefins were known as alpha-olefins due to the presence of double bond on alpha carbon in their chemical structure. Further, these are also found in many of the natural living things. For example, beta-carotene is a prominently used olefin that is found in carrots.  Also, olefins such as ethylene are one of the most commercialized olefins used for the ripening of fruits and vegetables. They are extensively used in petroleum industries to produce high-octane gasoline. Further, polymers of ethylene are used to manufacture pails, crates, fibers, bins, bottles, trash liners, bags, wire and cable sheathing, piping, food packaging films, surface coatings for paper and cardboard, insulation, and several other products including tile and flooring for building and construction. It is also used to manufacture chemicals such as Asanti-freezing agents, solvents, detergents, surfactants, and ethanolamine. Other uses of ethylene include cutting operations, as a fuel gas in welding and petrochemical industries as a refrigerant.

REGIONAL ANALYSIS

Rapid industrialization and urbanization in Asian countries such as India and China is the main reason anticipated to drive the olefins market shares in these countries. Also, various initiatives taken by the government and the availability of cost-effective raw materials are leading the market scenario to grow positively during the forecast period. Malaysia and Indonesia registered significant olefins market growth in the last few years. As a result of which, the Asia Pacific is expected to become the largest manufacturer of olefins in the years to come.

SEGMENT ANALYSIS

Based on product type, the market has been segmented as1-Octane, 1-Dodecene,1-Hexane, 1-Butene, 1-Decene, and Others. Olefins are used comprehensively as plasticizers, cosmetics, polyethylene, adhesives synthetic lubricants, detergent alcohol, and others. Out of which polyethylene is the segment which dominated the business revenue by registering a revenue share of 57% in 2022. Additionally, olefins are used extensively by construction industries. Further, these compounds are majorly used in the packaging sector and for prototype development on Computer Numerical Control (CNC) machines and 3D printers.

OLEFIN MANUFACTURING COMPANIES:

Shell Chemical Ltd., INEOS Oligomers, Sasol, Sinopec Beijing Yanhua, ONGC, Chevron Phillips, Idemitsu Petrochemical, Exxon Mobil Corporation, and Saudi Arabia are top leading olefins manufacturers. New strategies adopted by the olefin manufacturing industries will help these market vendors to expand their business all over the world. For instance, several long term agreements have been signed by these industry players with raw material industries to acquire their acquisition all over the world. Also, the cost-effectiveness of raw materials, the rapid development of manufacturing industries infrastructure and advanced business strategies are the factors driving the olefin market shares greatly.

COVERAGE HIGHLIGHTS    

• Revenue Estimation and Forecast (2022 – 2031)
• Production Estimation and Forecast (2022 – 2031)
• Sales/Consumption Volume Estimation and Forecast (2022 – 2031)
• Breakdown of Revenue by Segments (2022 – 2031)
• Breakdown of Production by Segments (2022 – 2031)
• Breakdown of Sales Volume by Segments (2022 – 2031)
• Gross Margin and Profitability Analysis of Companies
• Business Trend and Expansion Analysis
• Import and Export Analysis
• Regional Analysis and Data Breakdown

SEGMENTAL ANALYSIS

By Product Outlook ($Revenue and Unit Sales, 2022-2031)
•    1-Hexane
•    1-Butene
•    1-Octane
•    1-Dodecene
•    1-Decene
•    Others

By Application Outlook ($Revenue and Unit Sales, 2022-2031)
•    Synthetic Lubricants
•    Detergent Alcohol
•    Plasticizers
•    Cosmetics
•    Polyethylene
•    Adhesives
•    Others 

By Regional Outlook ($Revenue and Unit Sales, 2022-2031)
•    North America
•    Canada
•    U.S
•    Mexico
•    Europe
•    Germany
•    France
•    U.K
•    Rest of Europe 
•    Asia Pacific
•    China
•    India
•    Japan
•    Rest of Asia Pacific
•    Rest of the World
•    Middle East
•    Africa
•    Latin America

OLEFIN  COMPANIES:

•    Shell Chemical Ltd.
•    Sinopec Beijing Yanhua
•    ONGC
•    Chevron Phillips
•    INEOS Oligomers
•    Sasol
•    Idemitsu Petrochemical
•    Exxon Mobil Corporation
•    Saudi Arabia Basic Industries Corporation

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CHAPTER 1:    INTRODUCTION

1.1. Research Methodology

1.1.1. Desk Research

1.1.2. Data Synthesis

1.1.3. Data Validation & Market Feedback

1.1.4. Data Sources

CHAPTER 2:    EXECUTIVE SUMMARY

2.1. Global Market Outlook

2.2. Core Insights - Product

2.3. Core Insights – Application

2.4. Core Insights – Geography

CHAPTER 3:    MARKET OVERVIEW

3.1.  Market Definition and Scope

3.2. Key Forces Shaping the Industry

3.2.1. Bargaining Power of Suppliers

3.2.2. Bargaining Power of Buyers

3.2.3. Threat of Substitutes

3.2.4. Threat of New Entrants

3.3. Market Dynamics

3.3.1. Drivers

3.3.1.1. Supply-side Drivers

3.3.1.2. Demand-side Drivers

3.3.2. Restraints

3.3.3. Opportunities

3.4. Industry Landscape - PESTEL Analysis

3.4.1. Political Landscape

3.4.2. Environmental Landscape

3.4.3. Social Landscape

3.4.4. Technology Landscape

3.4.5. Economic Landscape

CHAPTER 4:    MARKET BACKGROUND

4.1. Industry Value Chain Analysis

4.1.1. Upstream Participants

4.1.2. Downstream participants

4.2. Pricing Analysis and Forecast, 2018-2026

4.2.1. By Type

4.2.2. By Region

CHAPTER 5:  GLOBAL OLEFIN MARKET, BY PRODUCT

5.1. Overview

5.1.1. Market Volume and Forecast, 2018-2026

5.1.2. Market Revenue (US$ Million) and Forecast, 2018-2026

5.2. 1-Hexane

5.2.1. Key Market Trends, Growth Factors and Opportunities

5.2.2. Market Volume and Forecast, By Region

5.2.3. Market Revenue (US$ Million) and Forecast, By Region

5.3. 1-Butene

5.3.1. Key Market Trends, Growth Factors and Opportunities

5.3.2. Market Volume and Forecast, By Region

5.3.3. Market Revenue (US$ Million) and Forecast, By Region

5.4. 1-Octane

5.4.1. Key Market Trends, Growth Factors and Opportunities

5.4.2. Market Volume and Forecast, By Region

5.4.3. Market Revenue (US$ Million) and Forecast, By Region

5.5. 1-Dodecene

5.5.1. Key Market Trends, Growth Factors and Opportunities

5.5.2. Market Volume and Forecast, By Region

5.5.3. Market Revenue (US$ Million) and Forecast, By Region

5.6. 1-Decene

5.6.1. Key Market Trends, Growth Factors and Opportunities

5.6.2. Market Volume and Forecast, By Region

5.6.3. Market Revenue (US$ Million) and Forecast, By Region

5.7. Others

5.7.1. Key Market Trends, Growth Factors and Opportunities

5.7.2. Market Volume and Forecast, By Region

5.7.3. Market Revenue (US$ Million) and Forecast, By Region

CHAPTER 6:  GLOBAL OLEFIN MARKET, BY APPLICATION

6.1. Overview

6.1.1. Market Volume and Forecast, 2018-2026

6.1.2. Market Revenue (US$ Million) and Forecast, 2018-2026

6.2. Synthetic Lubricants

6.2.1. Key Market Trends, Growth Factors and Opportunities

6.2.2. Market Volume and Forecast, By Region

6.2.3. Market Revenue (US$ Million) and Forecast, By Region

6.3. Detergent Alcohol

6.3.1. Key Market Trends, Growth Factors and Opportunities

6.3.2. Market Volume and Forecast, By Region

6.3.3. Market Revenue (US$ Million) and Forecast, By Region

6.4. Plasticizers

6.4.1. Key Market Trends, Growth Factors and Opportunities

6.4.2. Market Volume and Forecast, By Region

6.4.3. Market Revenue (US$ Million) and Forecast, By Region

6.5. Cosmetics

6.5.1. Key Market Trends, Growth Factors and Opportunities

6.5.2. Market Volume and Forecast, By Region

6.5.3. Market Revenue (US$ Million) and Forecast, By Region

6.6. Polyethylene

6.6.1. Key Market Trends, Growth Factors and Opportunities

6.6.2. Market Volume and Forecast, By Region

6.6.3. Market Revenue (US$ Million) and Forecast, By Region        

6.7. Adhesives

6.7.1. Key Market Trends, Growth Factors and Opportunities

6.7.2. Market Volume and Forecast, By Region

6.7.3. Market Revenue (US$ Million) and Forecast, By Region

6.8. Others

6.8.1. Key Market Trends, Growth Factors and Opportunities

6.8.2. Market Volume and Forecast, By Region

6.8.3. Market Revenue (US$ Million) and Forecast, By Region                    

CHAPTER 7:  GLOBAL OLEFIN MARKET, BY GEOGRAPHY

7.1. Overview

7.2. North America

7.2.1. Key Market Trends, Growth Factors and Opportunities

7.2.2. Market Volume and Forecast, By Product

7.2.3. Market Volume and Forecast, By Application

7.2.4. Market Revenue and Forecast, By Product

7.2.5. Market Revenue and Forecast, By Application

7.2.6. Market Revenue and Forecast, By Country

7.2.7. U.S.

7.2.7.1. Market Volume and Forecast

7.2.7.2. Market Revenue and Forecast

7.2.8. Canada

7.2.8.1. Market Volume and Forecast

7.2.8.2. Market Revenue and Forecast

7.2.9. Mexico

7.2.9.1. Market Volume and Forecast

7.2.9.2. Market Revenue and Forecast

7.3. Europe

7.3.1. Market Volume and Forecast, By Product

7.3.2. Market Volume and Forecast, By Application

7.3.3. Market Revenue and Forecast, By Product

7.3.4. Market Revenue and Forecast, By Application

7.3.5. Market Revenue and Forecast, By Country

7.3.6. Germany

7.3.6.1. Market Volume and Forecast, By Product

7.3.6.2. Market Revenue and Forecast, By Application

7.3.7. UK

7.3.7.1. Market Volume and Forecast, By Product

7.3.7.2. Market Revenue and Forecast, By Application

7.3.8. France

7.3.8.1. Market Volume and Forecast, By Product

7.3.8.2. Market Revenue and Forecast, By Application

7.3.9. Italy

7.3.9.1. Market Volume and Forecast, By Product

7.3.9.2. Market Revenue and Forecast, By Application

7.3.10. Rest of Europe

7.3.10.1. Market Volume and Forecast, By Product

7.3.10.2. Market Revenue and Forecast, By Application

7.4. Asia-Pacific

7.4.1. Market Volume and Forecast, By Product

7.4.2. Market Volume and Forecast, By Application

7.4.3. Market Revenue and Forecast, By Product

7.4.4. Market Revenue and Forecast, By Application

7.4.5. Market Revenue and Forecast, By Country

7.4.6. China

7.4.6.1. Market Volume and Forecast, By Product

7.4.6.2. Market Revenue and Forecast, By Application

7.4.7. India

7.4.7.1. Market Volume and Forecast, By Product

7.4.7.2. Market Revenue and Forecast, By Application

7.4.8. Japan

7.4.8.1. Market Volume and Forecast, By Product

7.4.8.2. Market Revenue and Forecast, By Application

7.4.9. South Korea

7.4.9.1. Market Volume and Forecast, By Product

7.4.9.2. Market Revenue and Forecast, By Application

7.4.10. Rest of Asia-Pacific

7.4.10.1. Market Volume and Forecast, By Product

7.4.10.2. Market Revenue and Forecast, By Application

7.5. REST OF THE WORLD

7.5.1. Market Volume and Forecast, By Product

7.5.2. Market Volume and Forecast, By Application

7.5.3. Market Revenue and Forecast, By Product

7.5.4. Market Revenue and Forecast, By Application

7.5.5. Market Revenue and Forecast, By Country

7.5.6. Latin America

7.5.6.1. Market Volume and Forecast, By Product

7.5.6.2. Market Revenue and Forecast, By Application

7.5.7. Middle East

7.5.7.1. Market Volume and Forecast, By Product

7.5.7.2. Market Revenue and Forecast, By Application

7.5.8. Africa

7.5.8.1. Market Volume and Forecast, By Product

7.5.8.2. Market Revenue and Forecast, By Application

CHAPTER 8:    COMPETITIVE LANDSCAPE

8.1. Olefin Market Share Analysis, 2018

CHAPTER 9:    COMPANY PROFILES

9.1. Shell Chemical Ltd.

9.1.1. Company Overview

9.1.2. Financial Performance

9.1.3. SWOT Analysis

9.2. Sinopec Beijing Yanhua

9.2.1. Company Overview

9.2.2. Financial Performance

9.2.3. SWOT Analysis

9.3. ONGC

9.3.1. Company Overview

9.3.2. Financial Performance

9.3.3. SWOT Analysis

9.4. Chevron Phillips

9.4.1. Company Overview

9.4.2. Financial Performance

9.4.3. SWOT Analysis

9.5. INEOS Oligomers

9.5.1. Company Overview

9.5.2. Financial Performance

9.5.3. SWOT Analysis

9.6. Sasol

9.6.1. Company Overview

9.6.2. Financial Performance

9.6.3. SWOT Analysis

9.7. Idemitsu Petrochemical

9.7.1. Company Overview

9.7.2. Financial Performance

9.7.3. SWOT Analysis

9.8. Exxon Mobil Corporation

9.8.1. Company Overview

9.8.2. Financial Performance

9.8.3. SWOT Analysis

9.9. Saudi Arabia Basic Industries Corporation

9.9.1. Company Overview

9.9.2. Financial Performance

9.9.3. SWOT Analysis

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