Demand
for linear alpha olefins in India stood at 159.92 KTPA in 2018 and is
projected to grow at a CAGR of 6.91% during 2019-2030. The presence of double
bond in linear alpha olefins increases the
reactivity of the compound which makes it useful for several applications such
as detergent alcohol, low-density polyethylene (LDPE), high-density
polyethylene (HDPE), linear low-density polyethylene (LLDPE) and synthetic
lubricant. Rising demand for poly alpha olefins in automotive industry and
polyethylene in packaging industry is expected to fuel growth in global linear
alpha olefins market during forecast period. Various properties of linear alpha
olefins such as high compatibility with hard water and good foaming properties is
resulting in rising demand for linear alpha olefins as a raw material in the
production of specialty chemicals such as surfactants and oilfield chemicals. Rising
demand for the lubricating chemicals from automotive and industrial sector is further
likely to positively influence global linear alpha olefins market as linear
alpha olefins-based lubricants offer higher viscosity index and better
oxidation stability.
Years Considered
for this Report:
Historical Years: 2013 – 2017
Base Year: 2018
Estimated Year: 2019
Forecast Period: 2020 – 2030
Objective of the Study:
- The
primary objective of the study was to evaluate and forecast linear alpha olefins capacity, production, demand,
inventory, and demand–supply gap in India.
- To
categorize demand for linear alpha olefins based on, type,
region and sales channel.
- To study
trade dynamics and company share in India linear alpha olefins market.
- To
identify major customers of linear alpha olefins in India.
- To
evaluate and forecast linear alpha olefins pricing by grade in India linear
alpha olefins market.
- To
identify and profile major companies operating in India linear alpha olefins market.
- To identify major news, deals and expansion plans
in India linear alpha olefins market.
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Some of the major players operating in India linear
alpha olefins market are Reliance Industries
Limited, GAIL India Limited, Indian Oil Corporation Limited, Haldia
Petrochemicals Limited, ONGC Petro additions Limited, HPCL-Mittal Energy
Limited, etc.
To extract data for India linear alpha olefins market, primary research surveys were conducted with linear alpha olefins manufacturers, suppliers, distributors, wholesalers and
end users. While interviewing, the respondents were also inquired about their competitors.
Through this technique, TechSci Research was able to include manufacturers that
could not be identified due to the limitations of secondary research. Moreover,
TechSci Research analyzed various end user segments and projected a positive
outlook for India linear alpha olefins market over the coming years.
TechSci Research calculated linear alpha olefins demand in India by analyzing the historical data and
demand forecast was carried out considering the end use industries growth.
TechSci Research sourced these values from industry experts and company
representatives and externally validated through analyzing historical sales data of respective
manufacturers to arrive at the overall market size. Various secondary sources
such as company websites, association reports, annual reports, etc., were also studied
by TechSci Research.
Key
Target Audience:
- Linear alpha olefins manufacturers and
other stakeholders
- Organizations,
forums and alliances related to linear alpha olefins distribution
- Government
bodies such as regulating authorities and policy makers
- Market research organizations and consulting
companies
The study is useful in providing
answers to several critical questions that are important for industry
stakeholders, such as linear alpha olefins manufacturers and policy makers. The report also
provides useful insights about which market segments should be targeted over
the coming years to strategize investments and capitalize on growth
opportunities.
Report Scope:
In this report, India linear alpha olefins market has been segmented into following categories:
Available Customizations:
With the given
market data, TechSci Research offers customizations according to a company’s
specific needs.
In case you can’t find what, you are looking for
then please get in touch with our custom research team at [email protected]