Europe α-Olefins Market was valued at USD 1.1 Billion in 2022 and is projected to reach USD 1.8 Billion by 2030, growing at a CAGR of 6.4% from 2024 to 2030.
The Europe α-Olefins market has experienced significant growth in recent years, driven by the increasing demand for these versatile compounds in a variety of industrial applications. These aliphatic hydrocarbons, which include ethylene, propylene, and butene derivatives, are used in the production of a wide range of products, from detergents to lubricants, plastics, and surfactants. With its unique ability to cater to several industries, the demand for α-olefins has steadily risen, creating opportunities for market expansion and investment.
Industries across Europe rely heavily on α-olefins for their role in the production of synthetic lubricants, plasticizers, and other chemical intermediates. The polymer and chemical industries, in particular, have shown increased consumption of α-olefins due to their essential function in creating polyethylene, polypropylene, and other plastic products that meet consumer and industrial needs. These markets, especially in Germany, the UK, and France, have made significant strides in the adoption of α-olefins, which are integral to the production of polymers, surfactants, and solvents used in cleaning and personal care products.
The automotive and construction sectors also contribute heavily to the demand for α-olefins, particularly in the production of high-performance lubricants, coatings, and sealants. As the European automotive market embraces electric vehicles and green technologies, the need for advanced lubricants and chemicals derived from α-olefins is expected to rise. These products enhance vehicle performance and improve fuel efficiency, making them essential for modern automotive engineering.
Moreover, the rise in eco-conscious manufacturing processes has led to the development of bio-based α-olefins, which align with the growing focus on sustainability. This trend not only supports Europe’s green energy agenda but also ensures that industries can reduce their environmental footprint while meeting strict regulatory standards.
The α-olefins market in Europe is poised for further growth as industries continue to require these versatile hydrocarbons for a wide range of applications. The demand for high-quality, sustainable, and cost-effective α-olefins will likely continue to rise as various sectors, including automotive, construction, and plastics, seek innovative solutions to meet evolving market needs.
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INEOS Oligomers
Chevron Phillips Chemical
Shell
Exxon Mobil Corporation
Mitsubishi Chemical Corp
Petrochemicals (Malaysia) Sdn. Bhd
Qatar Chemical Company Ltd (Q-chem)
Idemitsu Kosan Global
Möller Chemie
Mitsui Elastomers Singapore Pte.
Ltd
CP Chem
Georgia Gulf Corporation
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Europe α-Olefins Market
1-Hexene
1-Octene
1-Decene
1-Dodecene
1-Tetradecene
Polyethylene Production
Surfactants
Lubricants
Detergents
Adhesives and Sealants
Automotive
Construction
Consumer Goods
Aerospace
Medical
Liquid
Solid
Powder
Industrial Grade
Pharmaceutical Grade
Food Grade
Technical Grade
US (United States, US and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Europe α-Olefins Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Europe α-Olefins Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Europe α-Olefins Market, By Type
6. Europe α-Olefins Market, By Application
7. Europe α-Olefins Market, By Geography
US
Europe
Asia Pacific
Rest of the World
8. Europe α-Olefins Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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