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1-Hexene Market Snapshot (2022 to 2032)

The global 1-hexene market size is anticipated to reach US$ 117.9 Million in 2022, exhibiting a CAGR of 5% during the forecast period of 2022 to 2032. A boost in the application industries is set to raise the demand for 1-hexene, thereby elevating market growth from 2022 to 2032.

The global 1-hexene market is set to be valued at US$ 168.2 Million in 2032 and stood at US$ 105.1 Million in 2021. The surging usage of 1-hexene in the production of polyethylene in various end-use industries is likely to bolster growth.

Report Attribute Details
1-Hexene Market Estimated Base Year Value (2021) US$ 105.1 Million
1-Hexene Market Expected Market Value (2022) US$ 117.9 Million
1-Hexene Market Anticipated Forecast Value (2032) US$ 168.2 Million
1-Hexene Market Projected Growth Rate (2022 to 2032) 5% CAGR

An important C6 hydrocarbon, 1-hexene, also known as alpha-olefins as per the industrial classification, has two significant production processes, namely- oligomerization of ethylene and dehydration of hexanol. Comparatively, a higher quantity of 1-hexene is produced via oligomerization of ethylene while dehydration of hexanol is used at a smaller scale within the chemical industry.

Over the past decade, investment in the research, development, and improvement of the production processes in the field of 1-hexene has increased. Key players such as SABIC and Linde have invented their own technologies to produce 1-hexene by oligomerization of ethylene. Additionally, its varied uses in the chemical and manufacturing industries will propel sales of 1-hexene during the forecast period of 2022 to 2032.

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Which Factors will Drive Growth in the 1-Hexene Market?

1-hexene’s primary applications include chemical synthesis, polymer production, as well as the manufacturing of perfumes, flavors, and dyes. 1-hexene is extensively used in the manufacturing of polyethylene and linear aldehydes. Hence, the surging usage of these organic compounds in the chemical industry is also predicted to bolster the growth in the 1-hexene market over the forecast period.

Besides this, several other applications of 1-hexene and high commercial value in the polymer industry are estimated to drive growth in the 1-hexene market over the next decade. Furthermore, rising demand for specialty chemicals, easy availability of raw materials, and increasing applications of LDPE and HDPE are set to drive the 1-hexene market.

Advancements in technologies and investments in the polymer sector across the globe are propelling the expansion of the 1-hexene market. Another prospect emerging as a potential revenue source is the specialty chemicals industry.

The surging use of 1-hexene in the manufacturing of HDPE and LDPE is another factor boosting the 1-hexene market over the forecast period. Increasing usage of the organic compound in the agriculture and packaging sectors will further create new opportunities for chemical companies, thereby augmenting the growth in the 1-hexene market.

What are the Challenges Restraining the Growth in the 1-Hexene Market?

Shifts and alterations in the cost of raw materials might hamper the demand for 1-hexene over the upcoming decade. Along with this, fluctuations in prices, as well as stringent environmental laws and regulations would also become a hindrance for key players in the 1-hexene market. Further, the availability of alternatives to 1-hexene may restrain the growth of the 1 -hexene market during the forecast period.

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Which Factors are Propelling Growth in Asia Pacific 1-Hexene Market?

Rapid advancements in the industrial sector is one of the key factor propelling the growth in the Asia Pacific 1-hexene market. Expansion of industrial and chemical sectors in emerging economies such as China and India will boost the Asia Pacific's 1-hexene market share in the upcoming decade.

As per Future Market Insights (FMI), the Asia Pacific 1-hexene market is primarily dominated by tier-1 players, which is likely to improve sales through 2032. Additionally, increasing the production of 1 -hexene in China at lower costs will propel the demand in the Asia Pacific market.

What is the Demand Outlook of the 1-Hexene Market in Europe?

Europe's 1-hexene market is expected to showcase significant growth during the forecast period (2022 to 2032). As per the study, Europe is anticipated to follow the Asia Pacific 1-hexene market in terms of demand.

However, strict safety laws implemented in the United Kingdom and Germany might impede the 1-hexene market growth in the region.

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Market Competition

Some of the leading players present in the global 1-hexene market include Sasol, the Linde Group, Chevron Phillips Chemical Company, SABIC, the Dow Chemical Company, Royal Dutch Shell plc, Qatar Chemical Company Ltd (Q-Chem), Idemitsu Kosan Co.Ltd, INEOS, and Nizhnekamskneftekhim among others.

  • Leading companies in the market are focusing on contracts and expansions to strengthen their positions in the global market. Manufacturers are also signing long-term contracts with their raw material suppliers in order to overcome the limitation of fluctuating prices.

Report Scope

Report Attribute Details
Growth Rate CAGR of 5% from 2022 to 2032
Base Year for Estimation 2021
Historical Data 2015 to 2021
Forecast Period 2022 to 2032
Quantitative Units Revenue in US$ Million, and CAGR from 2022 to 2032
Report Coverage Revenue Forecast, Volume Forecast, Company Ranking, Competitive Landscape, Growth Factors, Trends, and Pricing Analysis
Segments Covered
  • Application
  • End User
  • Region
Countries Covered
  • North America
  • Latin America
  • Western Europe
  • Eastern Europe
  • Asia-Pacific
  • Japan
  • Middle East and Africa
Key Companies Profiled
  • Sasol
  • The Linde Group
  • Chevron Phillips Chemical Company
  • SABIC
  • The Dow Chemical Company
  • Royal Dutch Shell plc
  • Qatar Chemical Company Ltd (Q-Chem)
  • Idemitsu Kosan Co.Ltd
  • INEOS
  • Nizhnekamskneftekhim
Customization Available Upon Request

Key Segments Profiled in the 1 -Hexene Market Survey

By Application:

  • Polyethylene Production
  • Heptanol Production
  • Flavors
  • Perfumes
  • Dyes
  • Resins

By End User:

  • Paper Industry
  • Consumer Goods
  • Chemical Industry
  • Automotive Industry
  • Packaging Industry
  • Cosmetics & Pharmaceuticals Industry

By Region:

  • North America
  • Latin America
  • Western Europe
  • Eastern Europe
  • Asia Pacific Excluding Japan
  • Japan
  • Middle East and Africa

Frequently Asked Questions

At what rate will the 1-hexene market grow?

The global 1-hexene market is projected to reach US$ 117.9 Billion in 2022.

Which region is set to lead the 1-hexene market?

Asia Pacific is anticipated to lead the 1-hexene market during the forecast period.

Which are some the renowned companies in the 1-hexene market?

Sasol, the Linde Group, Chevron Phillips Chemical Company, SABIC, and the Dow Chemical Company are some of the renowned companies in the 1-hexene market.

Table of Content

1. Executive Summary | 1-Hexene Market

    1.1. Global Market Outlook

    1.2. Demand-side Trends

    1.3. Supply-side Trends

    1.4. Technology Roadmap Analysis

    1.5. Analysis and Recommendations

2. Market Overview

    2.1. Market Coverage / Taxonomy

    2.2. Market Definition / Scope / Limitations

3. Market Background

    3.1. Market Dynamics

        3.1.1. Drivers

        3.1.2. Restraints

        3.1.3. Opportunity

        3.1.4. Trends

    3.2. Scenario Forecast

        3.2.1. Demand in Optimistic Scenario

        3.2.2. Demand in Likely Scenario

        3.2.3. Demand in Conservative Scenario

    3.3. Opportunity Map Analysis

    3.4. Product Life Cycle Analysis

    3.5. Supply Chain Analysis

        3.5.1. Supply Side Participants and Their Roles

            3.5.1.1. Producers

            3.5.1.2. Mid-Level Participants (Traders/ Agents/ Brokers)

            3.5.1.3. Wholesalers and Distributors

        3.5.2. Value Added and Value Created at Node in the Supply Chain

        3.5.3. List of Raw Material Suppliers

        3.5.4. List of Existing and Potential Buyers

    3.6. Investment Feasibility Matrix

    3.7. Value Chain Analysis

        3.7.1. Profit Margin Analysis

        3.7.2. Wholesalers and Distributors

        3.7.3. Retailers

    3.8. PESTLE and Porter’s Analysis

    3.9. Regulatory Landscape

        3.9.1. By Key Regions

        3.9.2. By Key Countries

    3.10. Regional Parent Market Outlook

    3.11. Production and Consumption Statistics

    3.12. Import and Export Statistics

4. Global Market Analysis 2017 to 2021 and Forecast, 2022 to 2032

    4.1. Historical Market Size Value (US$ Million) & Volume (Tons) Analysis, 2017 to 2021

    4.2. Current and Future Market Size Value (US$ Million) & Volume (Tons) Projections, 2022 to 2032

        4.2.1. Y-o-Y Growth Trend Analysis

        4.2.2. Absolute $ Opportunity Analysis

5. Global Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Application

    5.1. Introduction / Key Findings

    5.2. Historical Market Size Value (US$ Million) & Volume (Tons) Analysis By Application, 2017 to 2021

    5.3. Current and Future Market Size Value (US$ Million) & Volume (Tons) Analysis and Forecast By Application, 2022 to 2032

        5.3.1. Polyethylene Production

        5.3.2. Heptanol Production

        5.3.3. Flavors

        5.3.4. Perfumes

        5.3.5. Dyes

        5.3.6. Resins

    5.4. Y-o-Y Growth Trend Analysis By Application, 2017 to 2021

    5.5. Absolute $ Opportunity Analysis By Application, 2022 to 2032

6. Global Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By End Use Industry

    6.1. Introduction / Key Findings

    6.2. Historical Market Size Value (US$ Million) & Volume (Tons) Analysis By End Use Industry, 2017 to 2021

    6.3. Current and Future Market Size Value (US$ Million) & Volume (Tons) Analysis and Forecast By End Use Industry, 2022 to 2032

        6.3.1. Paper Industry

        6.3.2. Consumer Goods

        6.3.3. Chemical Industry

        6.3.4. Automotive Industry

        6.3.5. Packaging Industry

        6.3.6. Cosmetics & Pharmaceuticals Industry

    6.4. Y-o-Y Growth Trend Analysis By End Use Industry, 2017 to 2021

    6.5. Absolute $ Opportunity Analysis By End Use Industry, 2022 to 2032

7. Global Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Region

    7.1. Introduction

    7.2. Historical Market Size Value (US$ Million) & Volume (Tons) Analysis By Region, 2017 to 2021

    7.3. Current Market Size Value (US$ Million) & Volume (Tons) Analysis and Forecast By Region, 2022 to 2032

        7.3.1. North America

        7.3.2. Latin America

        7.3.3. Europe

        7.3.4. Asia Pacific

        7.3.5. Middle East and Africa

    7.4. Market Attractiveness Analysis By Region

8. North America Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Country

    8.1. Historical Market Size Value (US$ Million) & Volume (Tons) Trend Analysis By Market Taxonomy, 2017 to 2021

    8.2. Market Size Value (US$ Million) & Volume (Tons) Forecast By Market Taxonomy, 2022 to 2032

        8.2.1. By Country

            8.2.1.1. USA

            8.2.1.2. Canada

        8.2.2. By Application

        8.2.3. By End Use Industry

    8.3. Market Attractiveness Analysis

        8.3.1. By Country

        8.3.2. By Application

        8.3.3. By End Use Industry

    8.4. Key Takeaways

9. Latin America Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Country

    9.1. Historical Market Size Value (US$ Million) & Volume (Tons) Trend Analysis By Market Taxonomy, 2017 to 2021

    9.2. Market Size Value (US$ Million) & Volume (Tons) Forecast By Market Taxonomy, 2022 to 2032

        9.2.1. By Country

            9.2.1.1. Brazil

            9.2.1.2. Mexico

            9.2.1.3. Rest of Latin America

        9.2.2. By Application

        9.2.3. By End Use Industry

    9.3. Market Attractiveness Analysis

        9.3.1. By Country

        9.3.2. By Application

        9.3.3. By End Use Industry

    9.4. Key Takeaways

10. Europe Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Country

    10.1. Historical Market Size Value (US$ Million) & Volume (Tons) Trend Analysis By Market Taxonomy, 2017 to 2021

    10.2. Market Size Value (US$ Million) & Volume (Tons) Forecast By Market Taxonomy, 2022 to 2032

        10.2.1. By Country

            10.2.1.1. Germany

            10.2.1.2. United Kingdom

            10.2.1.3. France

            10.2.1.4. Spain

            10.2.1.5. Italy

            10.2.1.6. Rest of Europe

        10.2.2. By Application

        10.2.3. By End Use Industry

    10.3. Market Attractiveness Analysis

        10.3.1. By Country

        10.3.2. By Application

        10.3.3. By End Use Industry

    10.4. Key Takeaways

11. Asia Pacific Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Country

    11.1. Historical Market Size Value (US$ Million) & Volume (Tons) Trend Analysis By Market Taxonomy, 2017 to 2021

    11.2. Market Size Value (US$ Million) & Volume (Tons) Forecast By Market Taxonomy, 2022 to 2032

        11.2.1. By Country

            11.2.1.1. China

            11.2.1.2. Japan

            11.2.1.3. South Korea

            11.2.1.4. Malaysia

            11.2.1.5. Singapore

            11.2.1.6. Australia

            11.2.1.7. New Zealand

            11.2.1.8. Rest of Asia Pacific

        11.2.2. By Application

        11.2.3. By End Use Industry

    11.3. Market Attractiveness Analysis

        11.3.1. By Country

        11.3.2. By Application

        11.3.3. By End Use Industry

    11.4. Key Takeaways

12. Middle East and Africa Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Country

    12.1. Historical Market Size Value (US$ Million) & Volume (Tons) Trend Analysis By Market Taxonomy, 2017 to 2021

    12.2. Market Size Value (US$ Million) & Volume (Tons) Forecast By Market Taxonomy, 2022 to 2032

        12.2.1. By Country

            12.2.1.1. GCC Countries

            12.2.1.2. South Africa

            12.2.1.3. Israel

            12.2.1.4. Rest of Middle East and Africa

        12.2.2. By Application

        12.2.3. By End Use Industry

    12.3. Market Attractiveness Analysis

        12.3.1. By Country

        12.3.2. By Application

        12.3.3. By End Use Industry

    12.4. Key Takeaways

13. Key Countries Market Analysis

    13.1. USA

        13.1.1. Pricing Analysis

        13.1.2. Market Share Analysis, 2021

            13.1.2.1. By Application

            13.1.2.2. By End Use Industry

    13.2. Canada

        13.2.1. Pricing Analysis

        13.2.2. Market Share Analysis, 2021

            13.2.2.1. By Application

            13.2.2.2. By End Use Industry

    13.3. Brazil

        13.3.1. Pricing Analysis

        13.3.2. Market Share Analysis, 2021

            13.3.2.1. By Application

            13.3.2.2. By End Use Industry

    13.4. Mexico

        13.4.1. Pricing Analysis

        13.4.2. Market Share Analysis, 2021

            13.4.2.1. By Application

            13.4.2.2. By End Use Industry

    13.5. Germany

        13.5.1. Pricing Analysis

        13.5.2. Market Share Analysis, 2021

            13.5.2.1. By Application

            13.5.2.2. By End Use Industry

    13.6. United Kingdom

        13.6.1. Pricing Analysis

        13.6.2. Market Share Analysis, 2021

            13.6.2.1. By Application

            13.6.2.2. By End Use Industry

    13.7. France

        13.7.1. Pricing Analysis

        13.7.2. Market Share Analysis, 2021

            13.7.2.1. By Application

            13.7.2.2. By End Use Industry

    13.8. Spain

        13.8.1. Pricing Analysis

        13.8.2. Market Share Analysis, 2021

            13.8.2.1. By Application

            13.8.2.2. By End Use Industry

    13.9. Italy

        13.9.1. Pricing Analysis

        13.9.2. Market Share Analysis, 2021

            13.9.2.1. By Application

            13.9.2.2. By End Use Industry

    13.10. China

        13.10.1. Pricing Analysis

        13.10.2. Market Share Analysis, 2021

            13.10.2.1. By Application

            13.10.2.2. By End Use Industry

    13.11. Japan

        13.11.1. Pricing Analysis

        13.11.2. Market Share Analysis, 2021

            13.11.2.1. By Application

            13.11.2.2. By End Use Industry

    13.12. South Korea

        13.12.1. Pricing Analysis

        13.12.2. Market Share Analysis, 2021

            13.12.2.1. By Application

            13.12.2.2. By End Use Industry

    13.13. Malaysia

        13.13.1. Pricing Analysis

        13.13.2. Market Share Analysis, 2021

            13.13.2.1. By Application

            13.13.2.2. By End Use Industry

    13.14. Singapore

        13.14.1. Pricing Analysis

        13.14.2. Market Share Analysis, 2021

            13.14.2.1. By Application

            13.14.2.2. By End Use Industry

    13.15. Australia

        13.15.1. Pricing Analysis

        13.15.2. Market Share Analysis, 2021

            13.15.2.1. By Application

            13.15.2.2. By End Use Industry

    13.16. New Zealand

        13.16.1. Pricing Analysis

        13.16.2. Market Share Analysis, 2021

            13.16.2.1. By Application

            13.16.2.2. By End Use Industry

    13.17. GCC Countries

        13.17.1. Pricing Analysis

        13.17.2. Market Share Analysis, 2021

            13.17.2.1. By Application

            13.17.2.2. By End Use Industry

    13.18. South Africa

        13.18.1. Pricing Analysis

        13.18.2. Market Share Analysis, 2021

            13.18.2.1. By Application

            13.18.2.2. By End Use Industry

    13.19. Israel

        13.19.1. Pricing Analysis

        13.19.2. Market Share Analysis, 2021

            13.19.2.1. By Application

            13.19.2.2. By End Use Industry

14. Market Structure Analysis

    14.1. Competition Dashboard

    14.2. Competition Benchmarking

    14.3. Market Share Analysis of Top Players

        14.3.1. By Regional

        14.3.2. By Application

        14.3.3. By End Use Industry

15. Competition Analysis

    15.1. Competition Deep Dive

        15.1.1. Sasol

            15.1.1.1. Overview

            15.1.1.2. Product Portfolio

            15.1.1.3. Profitability by Market Segments

            15.1.1.4. Sales Footprint

            15.1.1.5. Strategy Overview

                15.1.1.5.1. Marketing Strategy

                15.1.1.5.2. Product Strategy

                15.1.1.5.3. Channel Strategy

        15.1.2. The Linde Group

            15.1.2.1. Overview

            15.1.2.2. Product Portfolio

            15.1.2.3. Profitability by Market Segments

            15.1.2.4. Sales Footprint

            15.1.2.5. Strategy Overview

                15.1.2.5.1. Marketing Strategy

                15.1.2.5.2. Product Strategy

                15.1.2.5.3. Channel Strategy

        15.1.3. Chevron Phillips Chemical Company

            15.1.3.1. Overview

            15.1.3.2. Product Portfolio

            15.1.3.3. Profitability by Market Segments

            15.1.3.4. Sales Footprint

            15.1.3.5. Strategy Overview

                15.1.3.5.1. Marketing Strategy

                15.1.3.5.2. Product Strategy

                15.1.3.5.3. Channel Strategy

        15.1.4. SABIC

            15.1.4.1. Overview

            15.1.4.2. Product Portfolio

            15.1.4.3. Profitability by Market Segments

            15.1.4.4. Sales Footprint

            15.1.4.5. Strategy Overview

                15.1.4.5.1. Marketing Strategy

                15.1.4.5.2. Product Strategy

                15.1.4.5.3. Channel Strategy

        15.1.5. The Dow Chemical Company

            15.1.5.1. Overview

            15.1.5.2. Product Portfolio

            15.1.5.3. Profitability by Market Segments

            15.1.5.4. Sales Footprint

            15.1.5.5. Strategy Overview

                15.1.5.5.1. Marketing Strategy

                15.1.5.5.2. Product Strategy

                15.1.5.5.3. Channel Strategy

        15.1.6. Royal Dutch Shell plc

            15.1.6.1. Overview

            15.1.6.2. Product Portfolio

            15.1.6.3. Profitability by Market Segments

            15.1.6.4. Sales Footprint

            15.1.6.5. Strategy Overview

                15.1.6.5.1. Marketing Strategy

                15.1.6.5.2. Product Strategy

                15.1.6.5.3. Channel Strategy

        15.1.7. Qatar Chemical Company Ltd (Q-Chem)

            15.1.7.1. Overview

            15.1.7.2. Product Portfolio

            15.1.7.3. Profitability by Market Segments

            15.1.7.4. Sales Footprint

            15.1.7.5. Strategy Overview

                15.1.7.5.1. Marketing Strategy

                15.1.7.5.2. Product Strategy

                15.1.7.5.3. Channel Strategy

        15.1.8. Idemitsu Kosan Co.Ltd

            15.1.8.1. Overview

            15.1.8.2. Product Portfolio

            15.1.8.3. Profitability by Market Segments

            15.1.8.4. Sales Footprint

            15.1.8.5. Strategy Overview

                15.1.8.5.1. Marketing Strategy

                15.1.8.5.2. Product Strategy

                15.1.8.5.3. Channel Strategy

        15.1.9. INEOS

            15.1.9.1. Overview

            15.1.9.2. Product Portfolio

            15.1.9.3. Profitability by Market Segments

            15.1.9.4. Sales Footprint

            15.1.9.5. Strategy Overview

                15.1.9.5.1. Marketing Strategy

                15.1.9.5.2. Product Strategy

                15.1.9.5.3. Channel Strategy

        15.1.10. Nizhnekamskneftekhim

            15.1.10.1. Overview

            15.1.10.2. Product Portfolio

            15.1.10.3. Profitability by Market Segments

            15.1.10.4. Sales Footprint

            15.1.10.5. Strategy Overview

                15.1.10.5.1. Marketing Strategy

                15.1.10.5.2. Product Strategy

                15.1.10.5.3. Channel Strategy

16. Assumptions & Acronyms Used

17. Research Methodology

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