Global 1-decene Market Size & Outlook, 2022-2030
Global 1-decene market, 2018-2030 (US$M)
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Global 1-decene market highlights
- The global 1-decene market generated a revenue of USD 1,100.1 million in 2022 and is expected to reach USD 1,635.6 million by 2030.
- The market is expected to grow at a CAGR (2023 - 2030) of 5.1% by 2030.
- In terms of segment, poly alpha olefin accounted for a revenue of USD 741.0 million in 2022.
- Poly Alpha Olefin is the most lucrative application segment registering the fastest growth during the forecast period.
- In terms of region, Europe was the largest revenue generating market in 2022.
- Country-wise, U.S. is expected to register the highest CAGR from 2023 to 2030.
Global data book summary
| 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 |
Other key industry trends
- In terms of revenue, the North America accounted for 39.5% of the global 1-decene market in 2022.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, U.S. is the fastest growing regional market and is projected to reach USD 472.3 million by 2030.
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1-Decene Market Scope
1-Decene Market Companies
| Name | Profile | # Employees | HQ | Website |
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Global 1-decene market outlook
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.
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Target buyers of Global 1-decene market databook
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Our clientele includes a mix of 1-decene market companies, investment firms, advisory firms & academic institutions.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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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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Global 1-decene market size, by regions, 2018-2030 (US$M)
Top 10 countries: 1-decene market size, 2022 (US$M)
Global 1-decene market share, by application, 2022 & 2030 (%, US$M)
1-decene market: Opportunity assessment by country
Global 1-decene market, by region, 2022 (US$M)
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