Middle East 1-dodecene Market
- Report Code: 1- 1002
- Publish Date: Upcoming
The applications of alpha olefins have been growing significantly in the Middle East, in recent years. One of the most important alpha olefin is 1-dodecene, which is being used extensively in the detergents, plastics, and oilfield chemicals industries in the Middle East region. The increasing use of 1-dodecene in the oilfield chemicals industry, along with the growing number of collaborations between the Middle Eastern companies and top global companies in the alpha olefin market, is expected to drive the growth of the Middle East 1-dodecene market.
The Middle East market is expected to be the fastest-growing segment in the global 1-dodecene market, projected to grow at a CAGR of 5.43% from 2013 to 2018. The Middle East market accounted for a 15.18% share of the global 1-dodecene market in 2013. Saudi Arabia is the most important contributor to the Middle East market. In terms of application, the oilfield chemicals segment is the biggest consumer of 1-dodecene and other alpha olefins in this region.
One of the main factors impacting the growth of the 1-dodecene market in the Middle East is the growing number of collaborations and partnerships between the top companies in the alpha olefin industry as well as the local Middle East companies. This has expanded the foreign companies’ operations and investments in the Middle East region, thereby resulting in a significant growth of the regional market for 1-dodecene. For instance, the collaborated efforts of Saudi Basic Industries Corporation (SABIC) and the Germany-based Linde Group to commercialize linear alpha olefins (LAOs), using the jointly developed technology named a-SABLIN, has had a huge impact on the growth of the 1-dodecene and other alpha olefin markets, since 2009. Another major factor impacting the growth of the 1-dodecene market is the growing demand from the oilfield chemicals industry in the Middle East. Some of the major companies operating in the Middle East market include Saudi Basic Industries Corporation (SABIC, Saudi Arabia), Qatar Chemical Co. Ltd. (Qatar), and Linde AG (Germany) among others.
The Middle East 1-dodecene market report provides an in-depth analysis of the segmentation of the concerned market, along with insights into the competitive scenario in this market. The Middle East market has been segmented on the basis of geography and application. In terms of application, the market has been segmented into alkylbenzenes (linear & branched), alpha olefin sulfonates (AOS), lubricants, detergent alcohols, oilfield chemicals, plasticizer alcohols, and polybutylene among others. The market report also provides details of the market drivers, restraints, and opportunities for the new and existing players in the Middle East 1-dodecene market.
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