Market revenue in 2022 | USD 1,100.1 million |
Market revenue in 2030 | USD 1,635.6 million |
Growth rate | 5.1% (CAGR from 2022 to 2030) |
Largest segment | Poly alpha olefin |
Fastest growing segment | Poly Alpha Olefin |
Historical data covered | 2018 - 2021 |
Base year for estimation | 2022 |
Forecast period covered | 2023 - 2030 |
Quantitative units | Revenue in USD million |
Market segmentation | Poly Alpha Olefin, Polyethylene, Detergent Alcohol |
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The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to 1-decene market will help companies and investors design strategic landscapes.
Poly alpha olefin was the largest segment with a revenue share of 67.36% in 2022. Horizon Databook has segmented the Global 1-decene market based on poly alpha olefin, polyethylene, detergent alcohol covering the revenue growth of each sub-segment from 2018 to 2030.
Increasing demand for group base oil among various end-use industries, such as automotive, and in the industrial sector is expected to drive market growth significantly over the forecast period. PAO are 100% synthetic chemical compounds and are designated at API Group IV. PAOs are used as a base stock in the production of some synthetic lubricants.
The increasing popularity of the product due to the various advantages over conventional lubricants such as excellent thermal stability, wear & tear protection coupled with other properties such as good load carrying capacity and low friction is anticipated to propel PAO industry growth over the forecast period.
Horizon Databook provides a detailed overview of global-level data and insights on the Global 1-decene market , including forecasts for subscribers. This global databook contains high-level insights into Global 1-decene market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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