Alpha Olefin Market Analysis, Share, Regional Outlook, Industry Trends, Competitive Strategies and Segment Forecast, 2012 to 2020

Hexa Research Inc.

Industry Research,Custom Research & Consulting

Alpha Olefin Market Analysis, Share, Regional Outlook,

Industry Trends, Competitive Strategies And Segment

Forecast, 2012 To 2020

Industry Overview

Global alpha olefin market size is expected to reach 5.16 million tons by 2020, growing at a CAGR of

4.4% from 2014 to 2020.

Polyethylene is expected to witness a surge in demand on account of its easy processability, versatility,

recyclability, and low cost. Increase in polyethylene demand for plastic production is expected to drive

alpha olefin market growth. These olefins are primarily used as feedstock for manufacturing LLDPE and

HDPE. Strong packaged food products demand, particularly in Asia Pacific, is expected to drive LLDPE

market.

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Global polyethylene demand was 81,914.88 kilo tons in 2013 and is expected to exceed 106,742.46 kilo

tons by 2020, at a growth rate of 4.0%. Polyethylene market growth is expected to be fuelled by world

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Industry Research,Custom Research & Consulting

economic growth. Increasing population coupled with polyethylene’s application versatility is further

expected to drive the polyethylene market over the forecast period.

Growing protective films usage in agriculture to reduce soil erosion and increase protection against UV

rays is also anticipated to fuel demand. Growing poly-alpha-olefin demand for synthetic lubricants in

order to reduce engine wear & tear is expected to drive market growth.

Increasing oilfield exploration & drilling activities is anticipated to drive demand. It is being developed as

synthetic based oil drilling fluid which is likely to help address environmental concerns associated with

diesel based oil based mud.

Volatile prices of key raw materials such as ethylene are likely to affect the profitability of industry

participants. Increasing government...