According to ChemAnalyst report, “India Linear Alpha Olefin Market Analysis: Plant Capacity, Production, Operating Efficiency, Demand & Supply, Type, End-User Industries, Sales Channel, Regional Demand, Foreign Trade, FY2015-FY2035”, The India Linear Alpha Olefin (LAO) Market is likely to reach around 470 thousand tonnes by FY2035, at a CAGR of 5.41% during the forecasted period. The growing demand for LAO as a feedstock for producing polyethylene for applications in various industries such as food & beverage, automotive, general-use products, plasticizers, and more is anticipated to propel the LAO’s market expansion in the upcoming years.
Alpha olefins are olefins or alkenes having the chemical formula CnH2n. The regularity of the hydrocarbon chain and the placement of the double bond at the main or alpha position distinguish alpha olefins from other mono-olefins with a similar molecular formula. They are synthesized by the oligomerization of ethylene or the Fischer-Tropsch synthesis, followed by the purification process. There are many kinds of linear alpha olefins including Butene-1, Hexene-1, Octene-1, Decene-1, Dodecene-1, C14-C18, and C20 & Above. The chain length directly influences the chemical property of the olefin. They are used for the production of polyethylene, lubricant, cleansers, plasticizers, petroleum industry chemicals, and specialty chemicals.
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Linear Alpha Olefin’s use as a feedstock in several chemical products, mainly polyethylene is primarily driving the market in the nation. LAOs like 1-butene, 1-hexene, and 1-octene are employed to make polyethylene. Approximately 2-4% of comonomers are used in high-density polyethylene (HDPE) and 8–10% in linear low-density polyethylene (LDPE). Owing to its lightweight, corrosion resistance, and moisture-resistance, polyethylene acts a versatile with applications like food & beverage packaging, automotive, packaging, sports goods, toys, and other industries. with growing consumer preference towards ready-to-eat items, the demand for LDPE for packaging eatables is anticipated to rise, projecting a direct influence on the LAO market. Other applications of polyethylene include electrical insulation and glass-reinforced car bodies, both of which are expected to boost demand for polyethylene and, consequently, LAO’s demand during the projection period. Furthermore, there are numerous applications of polyethylene films. These films are utilized in building as roofing, flooring, countertop protection, window films, vapour reducers, and more. One of the LAO derivatives, polyalphaolefin (PAO), is a popular synthetic base oil that is used in both industrial and automotive lubricants, which contributes to fueling the growth of the LAO market.
The India Linear Alpha Olefin Market is segmented based on type, end-use, sales channel, and region. Based on type, the India Linear Alpha Olefin market is segregated into Butene-1, Hexene-1, Octene-1, Decene-1, Dodecene-1, Tetradecene-1, C14-C18, and Others. Among these, Butene-1 is the leading type and possesses properties like high tensile strength. The manufacturing of high-quality polymers like polyethylene and polypropylene mostly uses butene-1 which is further employed as packaging supplies like films, bags, and food packaging.
Based on end-use, the India Linear Alpha Olefin market is segregated into Polyethylene, Polyalphaolefins, Oxo alcohols, and Others. Among these, the Polyethylene industry is dominating the LAO market. In FY2023, this industry consumed approximately 75% of the market. Being a versatile polymer, polyethylene is widely used for coating wires & cables, food packaging, flexible packaging, sealants, toys, and mixing with other polymers.
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Regionally, the India Linear Alpha Olefin market is segregated into four regions based on regional consumption: West, South, North, and South. Western states like Gujarat and Maharashtra have been the key consumer of Linear Alpha Olefin due to the presence of leading plasticizer industries located in these states. Although, it is anticipated that in the forthcoming years, North India is anticipated to experience a surge in demand. To meet the rising demand for linear alpha olefin across the country, HPCL-Mittal Energy Limited (HMEL) has started operating a new 1-butene plant in Bhatinda, Punjab. A portion of the demand is also supplied by imports from various nations, with Saudi Arabia serving as the major exporter.
“India Linear Alpha Olefin Market Analysis: Plant Capacity, Production, Operating Efficiency, Demand & Supply, Type, End-User Industries, Sales Channel, Regional Demand, Foreign Trade, FY2015-FY2035” Major players in the India Linear Alpha Olefin market are Reliance Industries Limited, GAIL (India) Limited, Indian Oil Corporation Limited, Haldia Petrochemicals Limited, HPCL- Mittal Energy Limited. Major players in the production of Global Linear Alpha Olefin (LAO) are Shell Chemical Company, INEOS, Chevron Phillips Chemical Company LP, Sasol Limited, Qatar Chemical Company Ltd., Sinochem Quanzhou Petrochemical, Evonik Industries, Arabian Petrochemical Company (PETROKEMYA), Dow Chemical, Nizhnekamskneftekhim, Baltic Chemical Plant LLC (BCP) – JSC RusGazDobycha, Sinopec Company, Saudi Basic Industries Corp., and Yanbu National Petrochemicals Cmpny SJSC.
“The rapidly increasing demand of Linear Alpha Olefin as a raw material to manufacture polymers like polyethylene which have applications in various downstream industries such as cable & wire coatings, food & beverages, plastic goods, and others is expected to boost the India Linear Alpha Olefin Market in the forecast period until FY2035. Additionally, the usage of LAO to produce Polyalphaolefin, which serves as an automotive lubricant also serves finely to the growing demand of LAO. With fast paced urbanization coupled with construction activities across the nation, the demand for polyethylene for applications in the construction sector is favouring the LAO market expansion across the nation in the forecast period. “Said Mr. Karan Chechi, Research Director with TechSci Research, a research-based management consulting firm promoting ChemAnalyst worldwide.
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