Industry Background:
1-Dodecene is refers to an alkene consisting of a chain of twelve carbon atoms which ends with a double bond as stated in the formula C10H21CH=CH2. It is considered as one of the essential compound in the family of alpha olefins. The most important application of 1-Dodecene is manufacturer of detergent, and the growth in the sector of manufacturing of detergent is the primary driver of the 1-Dodecene market. While some of the technological advancement in the alpha olefins sector is also driving the growth of 1-Dodecene market.This growth is primarily driven by Growing detergents industry, which is further propelling the production of 1-Dodecene.
Attributes | Details |
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Study Period | 2017-2027 |
Base Year | 2021 |
Forecast Period | 2022-2027 |
Historical Period | 2017-2021 |
Unit | Value (USD Million) |
Key Companies in Study | Royal Dutch Shell (Netherland), DescriptionEvonik Industries AG (Germany), Dow Chemical Company (United States), Sasol (South Africa), Chevron Phillips Chemical LLC (United States), ExxonMobil (United States), Saudi Basic Industries Corporation (SABIC) (Saudi Arabia), Tpc Group (United States), Qatar Chemical Company Ltd. (Qatar) and INEOS (Switzerland) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility |
Globally, a noticeable market trend is evident Technological advancements in the field of alpha olefins. Major Vendors, such as Royal Dutch Shell (Netherland), DescriptionEvonik Industries AG (Germany), Dow Chemical Company (United States), Sasol (South Africa), Chevron Phillips Chemical LLC (United States), ExxonMobil (United States), Saudi Basic Industries Corporation (SABIC) (Saudi Arabia), Tpc Group (United States), Qatar Chemical Company Ltd. (Qatar) and INEOS (Switzerland) etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years.
Key Developments in the Market:
Evonik has acquired German biotech company JeNaCell. The acquisition expands Evonik’s biomaterials portfolio to provide biotechnologically derived cellulose. The nature-identical material developed by JeNaCell is used in medical technology and dermatology for the treatment of wounds and burns as well as in hydroactive skin care.
Market Drivers
- Growing detergents industry, which is further propelling the production of 1-Dodecene
Market Trend
- Technological advancements in the field of alpha olefins
Restraints
- Strict regulation on plastic industry which is one of the application of 1-Dodecene industry
Opportunities
Growing application in the production of alkylated aromatics, amines and amine oxides, and oxo alcohols among others
Challenges
Availability of substitutes in the market
AMA Research follow a focused and realistic research framework that provides the ability to study the crucial market dynamics in several regions across the world. Moreover, an in-depth assessment is mostly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcase the spontaneously changing Vendors landscape impacting the growth of the market. Furthermore, our market researchers extensively analyse the products and services offered by multiple players competing to increase their market share and presence.
Customization in the Report
AMA Research features not only specific market forecasts, but also include significant value-added commentary on:
- Market Trends
- Technological Trends and Innovations
- Market Maturity Indicators
- Growth Drivers and Constraints
- New Entrants into the Market & Entry/Exit Barriers
- To Seize Powerful Market Opportunities
- Identify Key Business Segments, Market Proposition & Gap Analysis
Against this Challenging Backdrop, 1-Dodecene Study Sheds Light on
The 1-Dodecene Market status quo and key characteristics. To end this, Analyst at AMA organize and took survey of the 1-Dodecene industry Vendors. The resultant snapshot serves as a basis for understanding why and how the industry can be expected to change.
Where 1-Dodecene industry is heading and what are the top priorities. Insights are drawn from financial analysis, the survey and interviews with key executives and industry experts.
How every company in this diverse set of Vendors can best navigate the emerging competition landscape and follow a strategy that helps them position to hold value they currently claim, or capture the new addressable opportunity.