Worldwide Alpha Olefins Industry to 2026 – Growing Demand from Paper & Pulp Industries is Driving Growth – ResearchAndMarkets.com
DUBLIN–(BUSINESS WIRE)–The “Alpha Olefins Market – Growth, Trends, COVID-19 Impact, and Forecasts (2021 – 2026)” report has been added to ResearchAndMarkets.com’s offering.
The Global Alpha Olefins Market is projected to register a CAGR of more than 5% during the forecast period (2021-2026).
Companies Mentioned
- Chevron Phillips Chemical Company LLC
- Exxon Mobil Corporation
- Evonik Industries AG
- Idemitsu Kosan Co., Ltd
- INEOS
- LANXESS
- Qatar Chemical Company Ltd
- SABIC
- Sasol
- Royal Dutch Shell PLC
Key Market Trends
Increasing Usage in Surfactants Application
- Surfactants are present in a wide range of cleaning products, and one of the usual groups is anionic surfactants, which are particularly valued for their foaming ability. There is a multitude of anionic surfactants for use in detergents, although the most commonly used today are the salts of dodecylbenzene sulfonic acid and ethoxylated sodium lauryl sulfate.
- Conversely, new trends have led to a rethinking of the suitability of these surfactants, due to factors such as hazardous or difficult handling, biodegradability, compatibility with skin and fabrics, efficiency in low-temperature washing, or transport costs linked with diluted products. For this reason, ingredients developed in the last century such as Alpha-Olefin Sulfonate (INCI: Sodium C14-16 Olefin Sulfonate), are once again of interest in the detergency and cosmetic sectors.
- Alpha Olefin Sulfonate is an anionic surfactant that has been used efficaciously for many years in laundry and personal care products but was gradually substituted by other low-cost products.
- The chief benefits of Alpha Olefin Sulfonate in cleaning products are its great capacity to form stable foams, even in diluted products, in hard water and at low temperatures, good cleaning properties, useful in both detergents and cosmetics, fast biodegradability, good compatibility with the skin, and its high-water solubility. It is therefore making it suitable for liquid or powder detergents and personal hygiene products, and especially for hand dishwashers, laundry detergents, automotive cleaners or bath gels.
- The most common Alpha Olefin Sulfonate(AOS) used in personal care is sodium C14-16 olefin sulfonate, which functions as a detergent, wetting agent and also as an emulsifier. When properly formulated, sodium C14-16 olefin sulfonate imparts viscosity, a consumer-acceptable foaming profile and quick flash foam to produce a stable lather, among other benefits.
Asia-Pacific Region to Dominate the Market
- The Asia-Pacific region is expected to be the dominant market in alpha olefins consumption. In countries like China, Japan, South Korea, India, and the Southeast Asian nations, the demand for alpha olefins is increasing. China is also the largest producer of lubricants, oil field chemicals, plasticizers, etc. catering to the market worldwide.
- China has one of the largest pulp and paper industries in the world. China is one of the top three producers of paper in the world. However, owing to environmental concerns, the country announced to ban all wastepaper imports in 2020, and it is estimated to have eliminated more than 45 million metric tons of backward paper capacity during the last seven years. The new investment in the pulp and paper industry in the country is also slowing due to strict regulatory controls and low availability of raw materials. This is expected to negatively impact the demand growth of the market studied in the country, during the forecast period.
- China, the per capita consumption of toilet/bathing soap in China is four kilograms, which is one of the largest across the world. In addition, the consumption of soap and detergent witnessed sharp increase in the country, owing to the hygiene awareness due to the COVID-19 pandemic. This consumption is expected to propel the demand for alpha olefins in the coming years.
- Procter & Gamble (China) Ltd, Nice Group, Guangzhou Liby Enterprise Group Co. Ltd, Unilever (China) Ltd, and Nafine Chemical Industry Group Co. Ltd are the major producers of soaps and detergents in the country.
- Alpha olefins are mostly consumed to manufacture polyethylene, such as linear low-density polyethylene (LLDPE) and high-density polyethylene (HDPE), which are used in various applications ranging from packaging to pipes.
Key Topics Covered:
1 INTRODUCTION
2 RESEARCH METHODOLOGY
3 EXECUTIVE SUMMARY
4 MARKET DYNAMICS
4.1 Drivers
4.1.1 Growing Demand from Paper & Pulp Industries
4.1.2 Other Drivers
4.2 Restraints
4.2.1 Non-biodegradable Nature of Polyethylene
4.2.2 Impact of COVID-19 on the Market
4.2.3 Other Restraints
4.3 Industry Value Chain Analysis
4.4 Porter’s Five Forces Analysis
4.5 Technological Snapshot
5 MARKET SEGMENTATION
5.1 Type
5.2 Application
5.3 Geography
6 COMPETITIVE LANDSCAPE
6.1 Merger & Acquisitions, Joint Ventures, Collaborations, and Agreements
6.2 Market Share Analysis**/Ranking Analysis
6.3 Strategies Adopted by Leading Players
6.4 Company Profiles
7 MARKET OPPORTUNITIES AND FUTURE TRENDS
7.1 Growing R&D Investments for the Development of Alpha Olefins from Various Sources
7.2 Other Opportunities
For more information about this report visit https://www.researchandmarkets.com/r/aumgwd
Contacts
ResearchAndMarkets.com
Laura Wood, Senior Press Manager
[email protected]
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
