Internal Olefins Market size was valued at USD 25.3 Billion in 2024 and is forecasted to grow at a CAGR of 4.5% from 2026 to 2033, reaching USD 35.8 Billion by 2033.
The global Internal Olefins market size was valued at approximately USD 5.85 billion in 2022 and is expected to expand at a compound annual growth rate (CAGR) of 6.2% from 2023 to 2030. The growing demand for surfactants, lubricants, and detergents, along with their increasing applications in various industries, such as automotive and personal care, is anticipated to drive the market. North America holds a significant share of the market, accounting for around 35% of the global revenue in 2022. The region is expected to maintain a strong market presence due to the high consumption of internal olefins in the production of cleaning products and lubricants. Europe follows closely, with an estimated share of 28% in 2022, driven by the demand for high performance chemicals in the automotive and industrial sectors. In the Asia Pacific region, the market is projected to experience the highest growth, with a CAGR of 7.5% during the forecast period. This growth is attributed to rapid industrialization, especially in emerging economies like China and India, where the demand for internal olefins in the automotive, personal care, and chemical sectors is rising. Additionally, the presence of key manufacturing hubs in the region contributes to the increasing supply of internal olefins. The Middle East and Africa (MEA) and Latin America markets are also expected to witness moderate growth due to increasing industrial activity and growing investments in infrastructure development. However, the internal olefins market in these regions remains comparatively smaller in terms of revenue contribution.
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Royal Dutch Shell
INEOS Oligomers
Elevance Renewable Sciences
Sasol
Chevron Phillips Chemical Company
Schlumberger
Halliburton
Idemitsu Kosan
Shrieve Chemical Company
SABIC
Infineum International
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. 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 Global Internal Olefins Market
1-Butene
2-Butene
1-Hexene
1-Octene
1-Decene
1-Dodecene
Polyethylene Production
Detergents and Surfactants
Lubricants
Chemical Intermediates
Plastic Additives
Automotive
Construction
Consumer Goods
Aerospace
Electronics
Healthcare
Steam Cracking
Fischer-Tropsch Synthesis
Thermal Cracking
Metathesis
Direct Sales
Distributors
Online Retail
Wholesale
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 Global Internal 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. Global Internal Olefins Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Internal Olefins Market, By Type
6. Global Internal Olefins Market, By Application
7. Global Internal Olefins Market, By Geography
US
Europe
Asia Pacific
Rest of the World
8. Global Internal Olefins Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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