Global Linear Alpha Olefins Market Research Report 2020

Linear alpha olefins (LAO) are olefins or alkenes with a chemical formula CxH2x, distinguished from other mono-olefins with a similar molecular formula by linearity of the hydrocarbon chain and the position of the double bond at the primary or alpha position.
Growing demand for Poly-Alpha-Olefins which is used in synthetic lubricants used in automobile engines and increased demand for polyethylene which is used in the packaging industry will continue to drive the linear alpha-olefins market during the forecast period. Increasing demand from various industries for LLDPE, which is used as packaging material, is also contributing towards the growth of the Linear-Alpha Olefins market. Easy availability of raw materials for alpha olefin production is also projected to increase the market growth of Linear Alpha-Olefins. The growth of automotive and consumer goods industry and positive outlook on oilfield drilling activities is expected to affect the Linear-Alpha Olefins demand positively.

Market Analysis and Insights: Global Linear Alpha Olefins Market
The global Linear Alpha Olefins market is valued at 11640 million US$ in 2020 is expected to reach 13910 million US$ by the end of 2026, growing at a CAGR of 2.6% during 2021-2026.
Global Linear Alpha Olefins Market: Drivers and Restrains
The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and also about each type from 2015 to 2026. This section mentions the volume of production by region from 2015 to 2026. Pricing analysis is included in the report according to each type from the year 2015 to 2026, manufacturer from 2015 to 2020, region from 2015 to 2020, and global price from 2015 to 2026.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.
Market Segment Analysis
The research report includes specific segments by Type and by Application. Each type provides information about the production during the forecast period of 2015 to 2026. Application segment also provides consumption during the forecast period of 2015 to 2026. Understanding the segments helps in identifying the importance of different factors that aid the market growth.
Segment by Type
1-Butene
1-Hexene
1-Octene
1-decene
1-dodecene
1-tetradecene
1-hexadecene
Higher Olefins

Segment by Application
Automotive industry
Paper industry
Cosmetics & Pharmaceuticals industry
Chemical industry
Consumer goods
Packaging industry

Global Linear Alpha Olefins Market: Regional Analysis
The report offers in-depth assessment of the growth and other aspects of the Linear Alpha Olefins market in important regions, including the U.S., Canada, Germany, France, U.K., Italy, Russia, China, Japan, South Korea, Taiwan, Southeast Asia, Mexico, and Brazil, etc. Key regions covered in the report are North America, Europe, Asia-Pacific and Latin America.
The report has been curated after observing and studying various factors that determine regional growth such as economic, environmental, social, technological, and political status of the particular region. Analysts have studied the data of revenue, production, and manufacturers of each region. This section analyses region-wise revenue and volume for the forecast period of 2015 to 2026. These analyses will help the reader to understand the potential worth of investment in a particular region.
Global Linear Alpha Olefins Market:

Competitive Landscape

This section of the report identifies various key manufacturers of the market. It helps the reader understand the strategies and collaborations that players are focusing on combat competition in the market. The comprehensive report provides a significant microscopic look at the market. The reader can identify the footprints of the manufacturers by knowing about the global revenue of manufacturers, the global price of manufacturers, and production by manufacturers during the forecast period of 2015 to 2019.
The major players in the market include Shell, Sasol, Qatar Chemical, Chevron Phillips Chemical, DowDuPont, Idemitsu Kosan, Linde, INEOS, Nizhnekamskneftekhim, etc.