North America 1-octene Market is Expected to Reach 497 Thousand MT in
North America 1-octene Market is Expected to Reach
497 Thousand MT in 2018
The North America 1-Octene Market report provides a comprehensive review of the key market
drivers, challenges, and issues.
Browse through the TOC of the North America 1-Octene Market report, to get an idea of the indepth analysis provided. This also provides a glimpse of the
segmentation in the market, and is supported by various tables
Key players in the
North America 1octene Market are
Shell Chemical (U.K),
ExxonMobil (U.S.),
Evonik (Germany), CP
Chem (U.S.) & others.
and figures.
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1-Octene is a colorless, flammable liquid with a pleasant,
sweet odor. 1-Octene is used as an intermediate (monomer) to
manufacture polyethylene resins. 1-Octene is used as an
industrial intermediate, primarily to produce polyethylene
resins. Small amounts of 1-octene may be used to synthesize
other chemicals. 1-octene is commonly manufactured by two
main methods, namely, oligomerization of ethylene and by
Fischer-Tropsch synthesis, followed by purification. The
demand for C8 (1-octene) alpha olefin was 832 thousand MT
in 2013, and is expected to reach 1,014 thousand MT by 2018.
In the North American region, huge consumption potential, growing production capacities,
competitive manufacturing costs, and high economic growth rates are the favorable forces for the
future growth in the 1-octene market. The North American 1-octene market is a dominant region,
in terms of production and consumption of alpha olefins. North America is expected to be a good
market for polyethylene.
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