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

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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

Hexa Research Inc.
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 regulations regarding polyethylene...