Report Explores the Global Olefin Market Size, Demand, Growth, Analysis and Forecast to 2023
Added: (Wed Nov 08 2017)
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Infinium Global Research has added a new report on Global Olefin Market. The report predicts the market size of Olefin is expected to reach XX billion by 2023.
Olefins also called as alkene are compound made up of hydrogen and carbon that contains one or more pars of carbon atoms linked by a double bond. The simplest olefin compound has a carbon double bond and four hydrogen single bonds. Olefins belongs to a family an organic compounds called hydrocarbons. Olefins are insoluble and exist in all three states of matter. Some short chain alkenes are gases at room temperature and pressure. More complicated structures exist as liquids and solids. Olefins are examples of unsaturated hydrocarbons, compounds that contain only hydrogen and carbon and at least one double or triple bond.
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The global olefin market was sized over USD 14.2 billion in 2015. The global olefin market is projected to reach USD 21.50 billion by 2023, growing with a CAGR of X.XX% to X.XX% from 2017 to 2023. The increasing demand for polyethylene is expected to be a prime factor driving the growth of global olefin market over the forecast period. Easy availability of ethylene, a key raw material used for olefin production will also drive this market. Furthermore, increasing environmental concerns regarding automotive production of olefin will drive the global olefin market over the forecast period. Moreover, fluctuating prices of raw materials needed for the production of olefin, Government regulations on usage of polyethylene as well as increasing consumer awareness regarding environment hazards caused by polyethylene are the key factors restraining the growth of global olefin market. Growing demand for bio-degradable which forces manufacturers to focus on R&D for bio –based raw material development and increasing olefin demand from end use industries are expected to bring more opportunities to the global olefin market over the forecast period.
The report segments the global olefin market by end user applications, product type, and region. The end user applications include polyethylene, synthetic lubricants, cosmetics, plasticizers, adhesives, detergent alcoholand others. On the basis of product type, the market has been segmented into 1-butene, 1-hexane, 1-octene, 1-decene, 1-dodecene and some others.
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Shell Chemical Ltd.
Sinopec Beijing Yanhua
Exxon Mobil Corporation
Key topics covered:
2. Executive Summary
3. Global Olefin Market Overview
4. Global Olefin Market : IGR Snapshots
5. Global Olefin market by Application (USD Million, KT) 2017 – 2023
6. Global Olefin market by Product type (USD Million, KT) 2017 – 2023
7. Global Olefin Market Analysis, by Region (USD Million, KT) 2017 – 2023
8. Company Profiles
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