1-Nonene is a branch of olefin, produced by
polymerization of propylene. It is an important trimer of propylene thus also
known as propylene trimer. 1-nonene is an alkene with molecular formula C9H18.
It is a clear & flammable liquid. It is soluble in alcohol and insoluble in
water. It retains a characteristic odor of gasoline. It is used as a building
block in the production of numerous chemical intermediate materials. It is also
used as plasticizers in polyvinyl chloride wiring & cables. It is used in
the production of surfactants, plasticizers, detergents, paint components, and
coating desiccants.
According to study, “World
1-Nonene Market Research Report 2024(covering USA, EU, China, India, South East
Asia, Japan)” the key companies operating in the world 1-nonene market
are Exxon Mobil Corporation, Shell, Anellotech, Mitsubishi Chemical, AOC
Company, Aladdin, DOW, BASF, DSM, DuPont, Sigma-Aldrich, PJSC
Nizhnekamskneftekhim, PBF Energy, Jiangsu Jiafeng Chemical Co. Ltd., Formosan
Union Chemical Corp., Suncor Energy Inc., SI Group Inc. (TPC Group Inc.), FUCC,
ChemChina Daqing Zhonglan Petrochemical Co Ltd., Jiangsu Lingfei Chemical Co.,
Ltd., Royal Dutch Shell, Imperial Oil Limited, Braskem. The key players are
competing with one another by giving higher product & services at a
reasonable worth in order to take important share at the regional & global
level market.
Based on type, 1-nonene market is segmented
into chemical raw material and reagents. Based on grade type, market is
segmented into industrial grade type and technical grade type. Based on purity
type, market is segmented into purity 99.5% min and purity 98.0% min. Based on
distribution channel, market is segmented into distributor and direct sales.
Based on application, market is segmented into chemical intermediates,
additive, plasticizer, and antioxidants. The chemical intermediates segmented
is further sub-segmented into iso-decanol, neodecanoic acid & its esters,
di-nonyl naphthalene, nonylated diphenylamine, nonenyl succinic anhydride, nonylphenol
& ethoxylates and nonyl mercaptan. In addition, based on end-use
industries, market is segmented into agrochemical industry, home care, personal
care industry and paints & coatings.
The 1-nonene market is driven rise in the
demand for use of surfactants, plasticizers, and lubricant additives in end-use
industries followed by increase in usage of nonyl phenol ethoxylates (NPEs) in
textile industry, low cost of nonene with excellent manufacturing flexibility,
increase in urbanization and growth in production of chemical intermediates for
instance isodecylon, dinonyl naphthalene. However, implementation of stringent
regulations may impact the market. Moreover, growth in demand for surfactants
from developing economies is a key opportunity for market.
Based on geography, EU holds major share
followed by USA in 1-nonene market owing to increase in demand for
manufacturing of chemical intermediates and rise in investments in product due
to technology barriers & other issues. China country is anticipated to witness
higher growth rate on account of increase in consumption of coatings and paints
over the forecast period. Additionally, unlike applications of foreign
countries, country mainly uses 1-nonene to produce nonylphenol instead of
isodecyl alcohol for the time being. It is expected that the market will be
reached at US $2020 million by 2024, from US $1440 million in 2019, over the
next five years.
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