Procurement Resource Evaluates the Price Trends of 1-Decene in its Latest Insights and Dashboard
Price Trends of 1-Decene in its Latest Insights and Dashboard
Procurement Resource does an in-depth analysis of the market trend to bring forth the monthly, quarterly, half-yearly, and yearly information on the 1-Decene price in its latest pricing dashboard. The detailed assessment deeply explores the facts about the product, price change over the weeks, months, and years, key players, industrial uses, and drivers propelling the market and price trends. Each price record is linked to an easy-to-use graphing device dated back to 2014, which offers a series of functionalities; Customisation of price currencies and units and downloading of price information as excel files that can be used offline. The pricing database and analysis of 1-Decene can prove valuable for the procurement managers, directors, and decision-makers to build up their strongly backed up strategic insights to attain progress and profitability in the business.
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Product Description:
Alkene 1-Decene has one double bond in position 1 and is an octadecane. One double bond connects a chain of 1O carbon atoms that makes up decene. Decene comes in a variety of isomers depending on where the double bond is located and how it is shaped. The only isomer of commercial significance is dec-1-ene.
Regions Covered to Evaluate 1-Decene Price Trend:
- North America
- South America
- Europe
- The Asia Pacific
- The Middle East
- Africa
Industrial Uses Impacting 1-Decene Price Trend:
Detergents and their derivatives, which are used to make industrial surfactants, are produced using 1-decene as a chemical intermediary. Surfactants are more and more in demand from end-use industries. As a result, 1-Decene demand is increasing. The global 1-Decene market is anticipated to be driven by falling raw material prices during the projected period. In 2018, the polyalphaolefins market segment held the lion’s share of the market. Throughout the predicted period, it is anticipated that this tendency would persist. During the projection period, the polyalphaolefins segment is expected to be driven by the Asia Pacific automobile industry’s rapid expansion, flexible government taxation policies, rising per capita income, and quick technological improvements in products and product offerings. Due to a rise in demand for synthetic lubricants from sectors like aviation, marine, and automotive, Asia-Pacific saw the strongest growth in 2021. China and India dominated the market in the region in terms of output. Prices for 1-decene fluctuate in line with those of its source chemical, ethylene. The shale gas boom has increased ethylene production and given petrochemical companies fresh hope, especially in China and the United States. It is also projected that the abundance of necessary raw materials in these areas will increase product demand.
Key Market Players:
- Orochem Technologies Inc
- PJSC Nizhnekamskneftekhim
- Acros Organics
News and Events:
The need for derivatives increased as a result of growth in sectors including packaging, the automotive industry, and others. Among the leading producers of 1-Decene in the US are ExxonMobil and Chevron Phillips Chemical. Europe has dominated the global 1-Decene market due to the presence of numerous well-known 1-Decene producers, several well-known vehicle producers, and a significant demand for PAO.
About Us:
Procurement Resource is Claight’s subscription-based SaaS platform providing in-depth research on product pricing and market insights for more than 500 chemicals, commodities, and utilities updated daily, weekly, monthly, and annually. It is a cost-effective, one-stop solution for all your market research requirements, irrespective of which part of the value chain you represent. We have a team of highly experienced analysts who perform comprehensive research to deliver our clients the newest and up-to-date market reports, cost models, price analysis, benchmarking, and category insights, which help in streamlining the procurement process for our clientele. Our team track the prices and production costs of a wide variety of goods and commodities, hence, providing you with the latest and consistent data. To get real-time facts and insights to help our customers, we work with a varied range of procurement teams across industries. At Procurement Resource, we support our clients, with up-to-date and pioneering practices in the industry, to understand procurement methods, supply chain, and industry trends, so that they can build strategies to achieve maximum growth.
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