The purpose of the report is to illustrate the state of the market of Alpha Olefins, to present actual information about the volumes of production, exports, imports, consumption and the state of the market, the changes that took place in 2017, and also, to build a forecast for the growth of the industry in the medium term until 2026.
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The global alpha olefins market was evaluated at USD 8.0 Bn during year 2015. Growing demand for polyethylene from packaging sector is predicted to remain a main aspect for global alpha olefins market in future. The rising demand for polyalphaolefin in synthetic lubricants owing to reduced wear and tear of engine is predicted to enhance the demand for alpha olefins in future. Growing concerns about environment regarding automobile pollution has propelled the demand for polyalphaolefin dependent synthetic lubricants in the past. Optimistic overview on oilfield drilling events is foreseen to augment the demand for alpha olefins in future. Easy accessibility of ethylene which is a main raw material for manufacture of alpha olefins is also anticipated to nurture the growth and expansion of the global alpha olefins market. Diminishing costs of raw materials are also anticipated to encourage the demand for alpha olefin in different end use sectors.
Shell Chemicals Limited, Sinopec Beijing Yanhua, Idemitsu Petrochemical Company Limited, Nizhnekamskneftekhim, Chevron Phillips Chemical Company LLC., Sasol Limited, ExxonMobil Corporation, ONGC, Qatar Chemical Company II Limited, The Dow Chemical Company, Royal Dutch Shell Plc., Mitsubishi Chemical Corporation, Qatar Chemical Company Limited, Saudi Arabia Basic Industries Corporation, Evonik Industries AG, TPC Group, Ineos Group Limited are few key manufacturers in alpha olefins market.
Why was the report written?
This report is the result of an extensive survey drawn from Credence Research’s exclusive panel of leading global market industry executives; it provides data and analysis on buyer investment, acquisition, and developments within the global market research. It includes key topics such as global Alpha Olefins buyer expenditure and procurement behaviors and strategies and recognizes the threats and possibilities within the industry, economic outlook trends, and business confidence within global industry executives. Most secondary research reports are based on general industry drivers and do not understand the industry executives’ attitude and changing behaviors, creating a gap in presenting the business outlook of the industry; in an effort to bridge this gap, Credence Research created this primary research-based report by gathering the opinions of multiple stakeholders in the value chain of the global industry.
What is the current market landscape and what is changing?
Executives from the global industry anticipate an increase in levels of consolidation, with 55% of respondents projecting an increase in merger and acquisition (M&A) activities in 2017.
The report on the market of Alpha Olefins contains:
Analysis and forecast of Alpha Olefins market dynamics;
Analysis of domestic production, market shares of the main market players;
Analysis of exports and imports;
Analysis of factors, leading the development of the Alpha Olefins market;
Assessment and forecast of Alpha Olefins market development;
Financial and business profiles of the leading companies in the Alpha Olefins industry.
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– Up to date working Alpha Olefins data by major regions in the world, the forecast of planned capacity additions by 2026
– The annual breakdown of capital expenditure spending on proposed Alpha Olefins for the period 2018 to 2026
– Planned Alpha Olefins additions and capital expenditure spending by key countries and companies across the world
– Planned capital expenditure spending on new Alpha Olefins projects by region, key countries, and companies
– Details of major planned Alpha Olefins projects in the world up to 2026
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