1-dodecene is among the most important and commonly used alpha olefin products. It finds its application mainly in the detergent and plastics industries. It is also used in the manufacture of synthetic fatty acids, epoxides, and oxo alcohols. The growing demand from the plastic industry, and increased usage of these chemical compounds especially in the detergent industry, are among the main factors expected to drive the growth of the European 1-dodecene market.
The European market has held a major market share of 19.14% in the global 1-dodecene market, in 2013. It is projected to grow at a CAGR of 1.19% from 2013 to 2018. In terms of application, detergent alcohols and plasticizer alcohols are the major consumers of 1-dodecene. The key countries in the region include Germany, France, and Italy, who are contributing and stimulating the growth of the 1-dodecene market in Europe. The market is witnessing sluggish growth as the industrial sector in this region is still recovering from the aftermath of global recession that took place in 2008. In addition, various socio-political factors have also affected the growth of the industrial sector in Europe. However, the market has gained momentum in recent years, and is expected to grow significantly in the coming years.
Some of the major companies contributing to the growth of the European 1-dodecene market are Linde AG (Germany), Evonik Industries AG (Germany), and Royal Dutch Shell plc (Netherlands) among others. Various collaborations and partnership agreements between the major companies in this market has resulted in the significant expansion of its market operations, investments, customers, and revenues. This is expected to be one of the main reasons for the growth of the European 1-dodecene market.
The European 1-dodecene market report provides insights into the segmentation of the concerned market. The European market has been segmented on the basis of application and geography. Alkylbenzenes (linear & branched), alpha olefin sulfonates (AOS), detergent alcohols, lubricants, oilfield chemicals, plasticizer alcohols, and polybutylene among others, are the main applications of 1-dodecene. The U.K., France, Germany, Italy, and Spain among others, are the major countries that have been considered for this extensive market analysis. The report also includes details of the competition in the market, along with the strategic profiles of the top players in the European 1-dodecene market.
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