Global Linear a-olefin (LAO) Market Growth 2023-2029

Global Linear α-olefin (LAO) Market Growth 2023-2029

The global Linear α-olefin (LAO) market size is projected to grow from US$ 9016.9 million in 2022 to US$ 11340 million in 2029; it is expected to grow at a CAGR of 11340 from 2023 to 2029.

The key manufacturers of Linear α-olefin (LAO) in the world are Shell, Chevron Phillips Chemical Company, INEOS, Sasol, Qatar Chemical Company, Sabic, PJSC Nizhnekamskneftekhim and Idemitsu Kosan, among which the top three producers account for nearly 50% of the market share, and the largest producer is Shell. The global production of linear α-olefin (LAO) is mainly distributed in North America, Western Europe and China, among which the market share of the top three production regions is more than 65%. At present, North America is the largest production region. In terms of its products, 1-hexene has the highest market share, more than 30%, followed by 1-butene and 1-octene. In terms of its application, polyethylene comonomer is the largest application field, with a market share of nearly 70%, followed by poly alpha olefins and detergent and plasticizer.

LPI (LP Information)' newest research report, the “Linear α-olefin (LAO) Industry Forecast” looks at past sales and reviews total world Linear α-olefin (LAO) sales in 2022, providing a comprehensive analysis by region and market sector of projected Linear α-olefin (LAO) sales for 2023 through 2029. With Linear α-olefin (LAO) sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Linear α-olefin (LAO) industry.

This Insight Report provides a comprehensive analysis of the global Linear α-olefin (LAO) landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Linear α-olefin (LAO) portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Linear α-olefin (LAO) market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Linear α-olefin (LAO) and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Linear α-olefin (LAO).

This report presents a comprehensive overview, market shares, and growth opportunities of Linear α-olefin (LAO) market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type
1-Butene
1-Hexene
1-Octene
1-Decene
Dodecene
C14-C18
Others

Segmentation by application
Polyethylene Comonomer
Poly Alpha Olefins
Detergent and Plasticizer Alcohol
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Shell
Chevron Phillips Chemical Company
INEOS
Sasol
Qatar Chemical Company
Sabic
PJSC Nizhnekamskneftekhim
Idemitsu Kosan
Exxon Mobil Chemical
Sinopec
CNPC
CNOOC and Shell Petrochemicals Company Limited

Key Questions Addressed in this Report

What is the 10-year outlook for the global Linear α-olefin (LAO) market?

What factors are driving Linear α-olefin (LAO) market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Linear α-olefin (LAO) market opportunities vary by end market size?

How does Linear α-olefin (LAO) break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.