Internal olefins are predominantly linear however, may contain small amount of branched material as impurities. Growing environmental concerns related to the impact of fluids on aquaculture is driving growth of internal olefins market. Key players operating in petroleum industry generally prefer various synthetic-based fluids such as synthetic paraffin, internal olefins, and linear alpha olefins. These synthetic fluids provide safe and cost effective solution for gas wells and oil drilling, fueling growth of the internal olefins market.
Market Dynamics
By application, surfactant segment is gaining traction in the market. Growing usage of surfactant products such as liquid detergents, soaps and shampoos, sanitizers, and others, owing to increasing hygiene awareness is expected to drive growth of the internal olefin market. For instance, in 2021, ‘Your Health is in Your Hands’ campaign in the city of Duma, in the Women’s Office of the Local Council, began in regards to spread of garbage and to elevate the level of public hygiene.
Asia Pacific held a significant market share in 2021, due to substantial demand for internal olefins from China, India, South Korea, and Japan. Growing demand for agrochemicals, owing to increasing population, in turn increasing demand for agricultural products and this aids in growth of the internal olefin market. For instance, according to India Brand Equity Foundation (IBEF), in 2020, the agrochemical market in India is expected to grow at 7.5% annually, with a growing domestic demand of 6.5% per annum, to reach US$ 6.3 billion by 2020.
Key features of the study:
- This report provides in-depth analysis of internal olefins and provides market size (US$ Billion and Tons) and Cumulative Annual Growth Rate (CAGR %) for the forecast period (2023 – 2030), considering 2022 as the base year
- It elucidates potential revenue opportunity across different segments and explains attractive investment proposition matrix for this market
- This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, regional outlook, and competitive strategy adopted by the leading players
- It profiles leading players in the global internal olefins market based on the following parameters – company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies, and future plans
- Key companies covered as a part of this study includes, INEOS Group Limited, Sasol Limited, Royal Dutch Shell plc, Elevance Renewable Sciences, Inc., Chevron Corporation, SABIC, Halliburton Company, Schlumberger Limited, Shrieve Chemical Company, and Idemitsu Kosan Co., Ltd.
- Insights from this report would allow marketers and the management authorities of the companies to make informed decision regarding their future products launches, technology up-gradation, market expansion, and marketing tactics
- The global internal olefins market report caters to various stakeholders in this industry including investors, suppliers, internal olefins manufacturers, distributors, new entrants, and financial analysts
- Stakeholders would have ease in decision-making through the various strategy matrices used in analyzing the global internal olefins market
Detailed Segmentation:
- Global Internal Olefins Market, By Technology:
- Paraffin Dehydrogenation
- Isomerization & Disproportionation (I/D)
- Global Internal Olefins Market, By Application:
- Surfactants
- Oil Drilling
- Pharmaceuticals
- Lubricants
- Agrochemical
- Others
- Global Internal Olefins Market, By Geography:
- North America
- U.S.
- By Technology:
- Paraffin Dehydrogenation
- Isomerization & Disproportionation (I/D)
- By Application:
- Surfactants
- Oil Drilling
- Pharmaceuticals
- Lubricants
- Agrochemical
- Others
- Canada
- By Technology:
- Paraffin Dehydrogenation
- Isomerization & Disproportionation (I/D)
- By Application:
- Surfactants
- Oil Drilling
- Pharmaceuticals
- Lubricants
- Agrochemical
- Others
- Europe
- U.K.
- By Technology:
- Paraffin Dehydrogenation
- Isomerization & Disproportionation (I/D)
- By Application:
- Surfactants
- Oil Drilling
- Pharmaceuticals
- Lubricants
- Agrochemical
- Others
- Germany
- By Technology:
- Paraffin Dehydrogenation
- Isomerization & Disproportionation (I/D)
- By Application:
- Surfactants
- Oil Drilling
- Pharmaceuticals
- Lubricants
- Agrochemical
- Others
- Italy
- By Technology:
- Paraffin Dehydrogenation
- Isomerization & Disproportionation (I/D)
- By Application:
- Surfactants
- Oil Drilling
- Pharmaceuticals
- Lubricants
- Agrochemical
- Others
- France
- By Technology:
- Paraffin Dehydrogenation
- Isomerization & Disproportionation (I/D)
- By Application:
- Surfactants
- Oil Drilling
- Pharmaceuticals
- Lubricants
- Agrochemical
- Others
- Russia
- By Technology:
- Paraffin Dehydrogenation
- Isomerization & Disproportionation (I/D)
- By Application:
- Surfactants
- Oil Drilling
- Pharmaceuticals
- Lubricants
- Agrochemical
- Others
- Rest of Europe
- By Technology:
- Paraffin Dehydrogenation
- Isomerization & Disproportionation (I/D)
- By Application:
- Surfactants
- Oil Drilling
- Pharmaceuticals
- Lubricants
- Agrochemical
- Others
- Asia Pacific
- China
- By Technology:
- Paraffin Dehydrogenation
- Isomerization & Disproportionation (I/D)
- By Application:
- Surfactants
- Oil Drilling
- Pharmaceuticals
- Lubricants
- Agrochemical
- Others
- India
- By Technology:
- Paraffin Dehydrogenation
- Isomerization & Disproportionation (I/D)
- By Application:
- Surfactants
- Oil Drilling
- Pharmaceuticals
- Lubricants
- Agrochemical
- Others
- Japan
- By Technology:
- Paraffin Dehydrogenation
- Isomerization & Disproportionation (I/D)
- By Application:
- Surfactants
- Oil Drilling
- Pharmaceuticals
- Lubricants
- Agrochemical
- Others
- ASEAN
- By Technology:
- Paraffin Dehydrogenation
- Isomerization & Disproportionation (I/D)
- By Application:
- Surfactants
- Oil Drilling
- Pharmaceuticals
- Lubricants
- Agrochemical
- Others
- Australia
- By Technology:
- Paraffin Dehydrogenation
- Isomerization & Disproportionation (I/D)
- By Application:
- Surfactants
- Oil Drilling
- Pharmaceuticals
- Lubricants
- Agrochemical
- Others
- South Korea
- By Technology:
- Paraffin Dehydrogenation
- Isomerization & Disproportionation (I/D)
- By Application:
- Surfactants
- Oil Drilling
- Pharmaceuticals
- Lubricants
- Agrochemical
- Others
- Rest of Asia Pacific
- By Technology:
- Paraffin Dehydrogenation
- Isomerization & Disproportionation (I/D)
- By Application:
- Surfactants
- Oil Drilling
- Pharmaceuticals
- Lubricants
- Agrochemical
- Others
- Latin America
- Brazil
- By Technology:
- Paraffin Dehydrogenation
- Isomerization & Disproportionation (I/D)
- By Application:
- Surfactants
- Oil Drilling
- Pharmaceuticals
- Lubricants
- Agrochemical
- Others
- Mexico
- By Technology:
- Paraffin Dehydrogenation
- Isomerization & Disproportionation (I/D)
- By Application:
- Surfactants
- Oil Drilling
- Pharmaceuticals
- Lubricants
- Agrochemical
- Others
- Rest of Latin America
- By Technology:
- Paraffin Dehydrogenation
- Isomerization & Disproportionation (I/D)
- By Application:
- Surfactants
- Oil Drilling
- Pharmaceuticals
- Lubricants
- Agrochemical
- Others
- Middle East
- GCC
- By Technology:
- Paraffin Dehydrogenation
- Isomerization & Disproportionation (I/D)
- By Application:
- Surfactants
- Oil Drilling
- Pharmaceuticals
- Lubricants
- Agrochemical
- Others
- Israel
- By Technology:
- Paraffin Dehydrogenation
- Isomerization & Disproportionation (I/D)
- By Application:
- Surfactants
- Oil Drilling
- Pharmaceuticals
- Lubricants
- Agrochemical
- Others
- Rest of Middle East
- By Technology:
- Paraffin Dehydrogenation
- Isomerization & Disproportionation (I/D)
- By Application:
- Surfactants
- Oil Drilling
- Pharmaceuticals
- Lubricants
- Agrochemical
- Others
- Africa
- Northern Africa
- By Technology:
- Paraffin Dehydrogenation
- Isomerization & Disproportionation (I/D)
- By Application:
- Surfactants
- Oil Drilling
- Pharmaceuticals
- Lubricants
- Agrochemical
- Others
- Central Africa
- By Technology:
- Paraffin Dehydrogenation
- Isomerization & Disproportionation (I/D)
- By Application:
- Surfactants
- Oil Drilling
- Pharmaceuticals
- Lubricants
- Agrochemical
- Others
- South Africa
- By Technology:
- Paraffin Dehydrogenation
- Isomerization & Disproportionation (I/D)
- By Application:
- Surfactants
- Oil Drilling
- Pharmaceuticals
- Lubricants
- Agrochemical
- Others
- Company Profiles
- INEOS Group Limited*
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments
- Future Plans
- Sasol Limited
- Royal Dutch Shell plc
- Elevance Renewable Sciences, Inc.
- Chevron Corporation
- SABIC
- Halliburton Company
- Schlumberger Limited
- Shrieve Chemical Company
- Idemitsu Kosan Co., Ltd.
