As per this study the Global 1-Nonene Market was valued USD XX BN (by revenue) in 2021 and is anticipated to reach USD XX BN by 2028 with a CAGR of XX%.
1-nonene alternatively known as propylene trimer is a colorless but combustible liquid that is soluble in alcohol but is insoluble in water. It possesses a characteristic odor of gasoline. Structurally, it is a branched olefin with chemical formula C9H18. Generally, it is produced by polymerization of propylene. It is used in the production of surfactants, detergents, plasticizers, paint components, and coating desiccants.
The market is witnessing substantial growth owing to rising demand for paints, coatings, plasticizers, detergents, etc. to cater to end-use industries. Growing usage of nonene in the production of chemical intermediates such as isodecylon, dinonyl naphthalene, nonyl mercaptan, nonyl phenols and others are contributing the market growth. Also, relatively low cost of nonene with excellent manufacturing flexibility is again boosting the market growth. However, stringent regulation imposed on nonene is expected to act as a roadblock in the market growth.
This detailed market study is centered on the data obtained from multiple sources and is analyzed using numerous tools including porter’s five forces analysis, market attractiveness analysis and value chain analysis. These tools are employed to gain insights of the potential value of the market facilitating the business strategists with the latest growth opportunities. Additionally, these tools also provide a detailed analysis of each application/product segment in the global market of 1-nonene.
The broad 1-nonene market has been sub-grouped into application. The report studies these subsets with respect to the geographical segmentation. The strategists can gain a detailed insight and devise appropriate strategies to target specific market. This detail will lead to a focused approach leading to identification of better opportunities.
- Isodecyl Alcohol
- Nonyl Phenol
- Neodecanoic Acid
- Isononyl Mercaptan
Furthermore, the report comprises of the geographical segmentation, which mainly focuses on current and forecast demand for 1-nonene in North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The report further focuses on demand for individual application segments in all the regions.
Global 1-Nonene Market Share by Region (Representative Graph)
The report also covers detailed competitive landscape including company profiles of key players operating in the global market. The key players in the 1-nonene market include Braskem, ChemChina Daqing Zhonglan Petrochemical Co Ltd., Exxon Mobil Corporation, FORMOSAN UNION CHEMICAL CORP, Jiangsu Lingfei Chemical Co., Ltd., PBF ENERGY, Royal Dutch Shell and SI Group, Inc. among others. An in-depth view of the competitive outlook includes future capacities, key mergers & acquisitions, financial overview, partnerships, collaborations, new product launches, new product developments and other developments with information in terms of H.Q.
A combination of primary and secondary research has been used to determine the market estimates and forecasts. Sources used for secondary research include (but not limited to) Paid Data Sources, Company Websites, Technical Journals, Annual Reports, SEC Filings and various other industry publications. Specific details on methodology used for this report can be provided on demand.