HOME Research Insight Top Players Are Keen On The Alpha Olefin Capacity Expansion



Top Players Are Keen On The Alpha Olefin Capacity Expansion


The alpha olefin market is extremely competitive. In terms of the global market, the industry comprises of several market participants with a few market leaders globally. In the alpha olefin market, there are established players such as Chevron Philips Chemical Co. (U.S.), Ineos Oligomers (U.S.), Sasol (South Africa), Nizhnekamskneftekhim (Russia), and ExxonMobil Chemical Co. (U.S.). These top players have a significant controlling stack in the market.

Capacity expansion is the most popular growth strategy adopted by leading companies in the alpha olefin market. The top players in the alpha olefin market are keen on the capacity expansion strategy for better penetration and expansion of their business into new regions. Various capacity expansion and new plants for alpha olefin and poly alpha olefins will be established in the next five years. These capacity expansions would aid the companies to cater to the growing demand for alpha olefins.

The alpha olefin market is extremely competitive. In terms of the global market, the industry comprises of several market participants with a few market leaders globally. In the alpha olefin market, there are established players such as Chevron Philips Chemical Co. (U.S.), Ineos Oligomers (U.S.), Sasol (South Africa), Nizhnekamskneftekhim (Russia), and ExxonMobil Chemical Co. (U.S.). These top players have a significant controlling stack in the market. The major players still hold their respective positions by launching new products and by making substantial investments for capacity expansions. All those factors make the alpha olefin market highly competitive.

One of the major problems for a new local producer entering the market is that they cannot easily enter into higher chain length materials; however, serving the lower chain length material markets, for example, C6 to C10, is little easier for them.

Related Reports:

Alpha Olefin Market By Type (1-Butene, 1-Hexene, 1-Octene, 1-Decene, 1-Dodecene 1-Tetradecene, C16-18, C20), & Applications (LLDPE, HDPE, Detergent Alcohols, Synthetic Lubricants, Polybutene-1, Aos & Others) - Global Trends & Forecast to 2018.

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