Linear Alpha Olefins (LAO) Market Analysis, By Demand, By Applications [Oxo-alcohols, Surfactants & Intermediates, Lubricants, Fine Chemicals, Oil field Chemicals, Others] & Forecast Analysis

Linear Alpha Olefins (LAO) Market 

Linear Alpha Olefins (LAOs) are straight-chain hydrocarbons. They are characterized by a double bond in the terminal or alpha position. The production of linear alpha-olefins (LAOs) yields an entire range of even-numbered carbon chain-length LAOs varying from four carbons (butene-1) to more than thirty carbons (expressed as C30+).

The industrially important alpha-olefins are

The industrially important alpha-olefins are

  • Butene-1,
  • Hexene-1,
  • Octene-1
  • Higher LAOs (decene-1, dodecene-1, tetradecene-1, hexadecane-1, octadecene-1 and higher blends of C20-C24, C24-C30, and C20-C30 ranges).

The biggest outlet for LAOs is their use as comonomers for polyethylene production while other important end-uses include lubricants, plasticizers, oil-field & fine chemicals, detergent intermediates, lubricants, polybutene-1, pulp & paper and additives amongst others. The production of LAOs can be divided into either Full-range Alpha olefins or on-purpose LAOs. The major technology used is ethylene oligomerization.

Linear Alpha Olefins (LAO) Demand Analysis

The current global demand for total LAOs has more than doubled, from 2.0 million tons in 1995. Historically, the overall demand witnessed an aggregate growth rate of 4.0% in the last 15 years, mainly supported by the strong demand from polyethylene and detergent alcohols as well as lubricants. The demand for LAOs was affected in 2008 with the market contracting by almost 5%, however, the market recovered in 2009 and by 2010; the demand bounced back to pre-economic downturn levels.

Historically demand for LAOs has mainly come in from the polyethylene segment, closely followed by detergents and lubricants. The demand from polyethylene has increased from 40% in 1995 to nearly 60% in 2015, as the global demand for polyethylene witnessed strong growth rates over the past decade. This has resulted in a lowered share from detergent alcohols and lubricants which declined from 13-14% of the total LAOs demand in 1995 to 10% in 2015. The other applications have more or less maintained their share in the global LAOs demand in the past 15 years.

Global LAO Market Demand Analysis

In the long term forecast till 2025, the demand from polyethylene is likely to reach 63% of the total LAOs demand and further increase to 65% of the total demand by 2030. On the other hand, the demand from detergent alcohols and lubricant applications will decline in the coming years to reach 8% each by 2025. The other applications are likely to maintain a similar share as witnessed in history, till the end of the forecast period. Prismane Consulting LAOs integrated market model has tracked all LAOs with their production, demand-supply, and process-technologies for all full range and on-purpose capacities.

LAO Market by Type-2017

In 2020, the total Linear Alpha Olefins (LAOs) capacity in the United States was estimated to be around 2950 kilo tons, accounting for over 90% of the capacity in North America. The country is expected to witness two major capacity additions during the forecast period. 

In September 2019, ExxonMobil started construction of its 350 kilotons/year full-range Linear Alpha Olefins (LAO) plant in Baytown, Texas. The plant is currently on-track and is expected to start commercial operations this year. The average full range Linear Alpha Olefins capacity utilization rates in the last 6 years in North America has averaged around 80%. 

According to Prismane Consulting estimates, the on-purpose LAO plants have been operating at higher rates in comparison to full-range LAO capacities. The region has been a net exporter and will continue to retain its status as new LAO capacities come up during the forecast period.

Top Producers of Linear Alpha Olefins (LAO):

  1. Shell Chemicals
  2. INEOS
  3. Chevron Phillips Chemical Company
  4. Royal Dutch Shell PLC
  5. SABIC
  6. Evonik Industries
  7. ExxonMobil Corporation
  8. Sasol Limited
  9. Qatar Chemical Company Ltd. (Q-Chem)
  10. PJSC Nizhnekamskneftekhim Group
  11. The Dow Chemical Company
  12. Idemitsu Kosan Chemical Company
  13. Sinopec Group

These companies are major producers of linear alpha olefins (LAO) and are known for their expertise and high-quality products in the industry.

Scope of Report 

The Linear Alpha Olefins report describes the global LAO market, with focus on the country, applications and other end-use scenarios. The study provides

Market Data & Forecast (Short-term and Long-term)
•  Demand Analysis
•  Demand Composition, by Type and Application
•  Capacity 
•  Sales & Revenue
•  Pricing Analysis
•  Market Dynamics

Country Summaries & Product Review
•  Demand Balance 
•  Macro-economic factors like GDP, Population and World Economic integration
•  Economic & Energy Outlook
•  Industry & Policy Developments 
•  End-use Industry / Applications Market 
•  Reasoning & Analysis
•  Insightful Commentary
•  Market Review
•  Comparative Analysis
•  Latest Trends and market developments
•  Key players
•  Strategic Issues and Recommendations
•  Business Opportunity Assessment

1.  Introduction
      •  Scope
      •  Market Coverage
          -  Type
          -  Application
          -  Regions
          -  Countries
      •  Years Considered
          -  Historical - 2016 – 2021
          -  Base - 2022
          -  Forecast Period - 2023 – 2032
      •  Research Methodology
          -  Approach
          -  Research Methodology
          -  Prismane Consulting Market Models
          -  Assumptions & Limitations
          -  Abbreviations & Definitions
          -  Conversion Factors
          -  Data Sources
2.  Market Synopsis 
      •  Market Evolution
      •  Demand-Supply Overview
      •  Industry Structure
      •  Strategic Issues
      •  End-use Trends
      •  Growth Forecast
3.  Economic & Energy Outlook
      •  GDP and Demographics
      •  Monetary & Fiscal Policies
      •  Crude Oil Production and prices
      •  Natural Gas
      •  Electricity Prices
4.  End-use Sector Performance
      • Industrial
      • Chemicals
      • Others 
5.  Plants & Projects Analysis
      •  Linear Alpha Olefins Production Capacity, by Company
      •  Linear Alpha Olefins Production Capacity, by Country and by region
      •  Capacity Overview
6.  Introduction to Linear Alpha Olefins and Market Overview 
      •  Product Description
      •  Grades & Properties
      •  Raw Material
      •  Manufacturing Process
      •  Environmental Issues
      •  Value Chain
      •  Applications
7.  Market Dynamics and Industry Trends 
      •  Market Dynamics 
          -  Drivers
          -  Restraints
          -  Opportunities
          -  Challenges
8.  Global Linear Alpha Olefin Demand-Supply Analysis, By Applications (Volume, Value) (2016–2032)
      •  Strategic Issues
      •  Demand-Supply Analysis and Forecast (2016 – 2032)
          -  Capacity
          -  Capacity Utilization (%)
          -  Production
          -  Net Trade
          -  Demand
          -  Demand Growth Rate (%)
          -  Driving Force Analysis
      •  Global Linear Alpha Olefins Market, By Type
          1-Butene
          1-Hexene
          1-Octene
          1-Decene
          Others
      •  Global Linear Alpha Olefins Market, By Application
          Polyethylene co-monomers
          Poly-alpha Olefins (PAO)
          Oxo-alcohols
          Surfactants & Intermediates
          Lubricants
          Fine Chemicals
          Oil field Chemicals
          Others
9.  Demand-Supply Analysis and Market Review, By Region, By Country (Volume, Value), (2016– 2032)
      •  Strategic Issues
      •  Capacity
      •  Capacity Utilization (%)
      •  Production
      •  Net Exports
      •  Demand
      •  Demand Growth Rate (%)
      •  Linear Alpha Olefins Market, By Type
      •  Linear Alpha Olefins Market, By Application
Note: Demand-Supply Analysis has been provided for all major Regions / Countries as mentioned below. The demand-supply (consumption) split by applications has been provided for each of the countries/regions in Volume (Kilotons) and Value (USD Million).
      •  North America
         -  USA
         -  Canada
         -  Mexico
      •  Western Europe
         -  Germany
         -  France
         -  Italy
         -  United Kingdom
         -  Spain
         -  Rest of Western Europe
      •  Central & Eastern Europe
         -  Russia
         -  Poland
         -  Turkey
         -  Rest of Central & Eastern Europe
      •  Asia-Pacific
         -  China
         -  Japan
         -  India
         -  South Korea
         -  ASEAN
         -  Rest of Asia-Pacific
      •  Central & South America
      •  Middle East & Africa
Note: CAGR will be calculated for all the applications to arrive at the regional/global demand growth for the forecast period (2023 – 2032)
10.  Pricing Analysis
      •  Average Linear Alpha Olefins Prices, by Country 
      •  Average Linear Alpha Olefins Prices, by Region
      •  Price Forecast
11.  Key Strategic Issues
12.  Business Opportunity Assessment 
      •  Market Attractiveness Assessment
      •  Prospective & Target Market Study
13.  Strategic Recommendation & Suggestions
14.  Company Analysis and Market Share Analysis
         -  Basic Details
         - Headquarters, Key Markets
         -  Ownership
         -  Company Financial
         -  Manufacturing Bases
         -  Global Turnover
         -  Total Employee
         -  Product Portfolio / Services / Solutions
         -  Recent Developments
         -  Companies Covered
             -  Shell Chemicals
             -  INEOS
             -  Chevron Phillips Chemical Company
             -  Royal Dutch Shell PLC
             -  SABIC
             -  Evonik Industries
             -  ExxonMobil Corporation
             -  Sasol Limited
             -  Qatar Chemical Company Ltd.
             -  PJSC Nizhnekamskneftekhim Group
             -  The Dow Chemical Company
             -  Idemitsu Kosan Chemical Company
             -  Sinopec Group
             -  Other Manufacturers
Note: This section includes company information, company financials, manufacturing bases, and operating regions. Company financials have been mentioned only for those companies where financials were available in SEC Filings, annual reports, or company websites. All the reported financials in this report are in U.S. Dollars. Financials reported in other currencies have been converted using average currency conversion rates. Company profiles may include manufacturers, suppliers, and distributors.
15.  Appendices
      •  Demand-Supply - Regions
      •  Demand-Supply– Countries
      •  Capacities, 2016-2032

Scope of Report 

The Linear Alpha Olefins report describes the global LAO market, with focus on the country, applications and other end-use scenarios. The study provides

Market Data & Forecast (Short-term and Long-term)
•  Demand Analysis
•  Demand Composition, by Type and Application
•  Capacity 
•  Sales & Revenue
•  Pricing Analysis
•  Market Dynamics

Country Summaries & Product Review
•  Demand Balance 
•  Macro-economic factors like GDP, Population and World Economic integration
•  Economic & Energy Outlook
•  Industry & Policy Developments 
•  End-use Industry / Applications Market 
•  Reasoning & Analysis
•  Insightful Commentary
•  Market Review
•  Comparative Analysis
•  Latest Trends and market developments
•  Key players
•  Strategic Issues and Recommendations
•  Business Opportunity Assessment