North America 1-octene Market is Expected to Reach 497 Thousand MT in | Page 2
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“North America 1-Octene Market”
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The key countries in the North American market are the U.S., Canada, and Mexico. Canada and
Mexico have shown promising growth rates for polyethylene consumption, and this trend is
expected to continue in the coming years.
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Europe 1-octene Market:
Despite the economic downturns in the region, the European chemical industry is still in a strong
position. More than half of the chemical sales in Europe are that of petrochemicals and polymers,
experiencing a continuous rise of share in sales, among all chemicals. Europe is the secondlargest market for 1-octene, with a major contribution from Germany. The European 1-octene
market has matured, and therefore, the growth of this market is expected to be lower than that
seen in the past. The key countries in the region include Germany, France, Italy, and the U.K.,
together accounting for the major share of the European 1-octene market, in terms of volume, in
2013. The demand in Europe for 1-octene is projected to reach 189 thousand MT by 2018. The
European region is expected to experience slow growth in the next five years, owing to the
mature nature of the market and the prevalent impacts of the global meltdown of 2008.
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