1-Decene Market Trends | Growth and Dynamics | Forecast To 2025
“Global 1-Decene Market report includes in-depth analysis of industry by recent technologies, trends, opportunities, challenges, key players and business strategies considering types, segment and future outlook.”
Global 1-decene market is expected to reach USD 1.29 billion by 2025. 1-decene is also termed as “Decylene” or “1-n-Decene”. It is a colorless watery liquid with molecular formula C10H20 and pleasant odor. It is an alkene that floats on water and acts as a metabolite. It has one double bond. It is the only isomer of industrial importance. The 1-decene market is estimated to grow at a significant CAGR of 3.7% over the forecast period as the scope and its applications are rising enormously across the globe. The factors that are playing a major role in the growth of the 1-decene market are the high production of poly alpha olefins, growing concern regarding the environment in automotive industries, and rise in demand for synthetic lubricants. However, fluctuating cost of raw materials may restrain overall market growth in the years to come. The 1-decene industry is segmented based on grade, derivative, application, and region. Synthetic and bio-based are the grades that could be explored in 1-decene in the forecast period. Synthetic-based grades sector accounted for the substantial market share of 1-decene and is estimated to continue with its dominance in the years to come. Request Sample Copy of this Market Research @ https://www.millioninsights.com/industry-reports/1-decene-market/request-sample