Market Overview:
The global olefin derivatives market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for olefin derivatives in pharmaceutical and industrial applications. Olefin derivatives are used as intermediates in the production of various end-products such as plastics, fibers, solvents, and elastomers. They are also used as additives in various products such as paints, coatings, adhesives, sealants, and lubricants. Based on type, the acrylonitrile segment is projected to lead the global olefin derivatives market during the forecast period. Acrylonitrile is a colorless liquid with a pungent odor that is mainly used for manufacturing acrylic fibers and plastics. It is also used for producing monomers such as acrylamide and methacrylamide which are further converted into polymers like polyacrylic acid (PAA) and acrylic esters (PMMA). Based on application, the industrial segment accounted for majority of share of the global olefin derivatives market in 2017.
Product Definition:
Olefin derivatives are a class of chemicals that are derived from olefins, which are unsaturated hydrocarbons. Olefin derivatives have a wide variety of applications, including as solvents, plasticizers, and synthetic lubricants. They are also used in the production of paints and coatings.
Acrylonitrile:
Acrylonitrile is an organic compound, which is a colorless liquid. It has a strong odor similar to that of gasoline. Acrylonitrile can also be produced from propylene and styrene through the catalytic hydrolysis process. The major application of acrylonitrile is in the production of polyacrylates and acrylics used for coating applications such as food packaging films, textiles, etc.
Ethylene Oxide:
Ethylene oxide is a colorless, flammable gas with a strong odor. It is mainly manufactured for use as an industrial chemical and as a precursor to olefin derivatives such as ethylene glycols and polyethylene terephthalate (PET). The global ethylene oxide market size was valued at USD 3.5 billion in 2015 and it is expected to grow at an estimated CAGR of XX% from 2016 to 2035.
Application Insights:
The global market Olefin derivatives is segmented by application into pharmaceutical, industrial and other applications such as food & beverages, cosmetics and textiles. The pharmaceutical application dominated the overall market in terms of revenue share at over 40% in 2017.
Olefins are used as monomers for the production of biodegradable polymers which are utilized in various end-use industries including construction materials (roofing tiles), automotive parts (rotary blades), medical devices & equipment (nasal sprays) and personal care products such as plastic bottles for liquid detergents or cleaners. Growing demand from emerging economies like India, China and Brazil coupled with increasing R&D expenditure on new product development to cater to unmet needs is expected to drive growth over the forecast period.
Regional Analysis:
Asia Pacific was the largest market for olefin derivatives in 2016 and is expected to continue its dominance over the forecast period. The region accounts for approximately 60% of global pharmaceuticals industry, which has led to a high demand from countries such as China, India, South Korea and Japan. Increasing industrialization along with growing automotive production in these countries is also anticipated to drive Olefin Derivatives Market growth over the coming years.
The European market accounted for 23% of global share in terms of volume owing to increasing demand from end-use industries such as paints & coatings; construction; automotive; packaging & printing ink on account of regulatory support aimed at reducing Greenhouse Gas (GHG) emissions coupled with stringent environmental regulations by various agencies like ECHA, EU etc.
Growth Factors:
- Increasing demand from end-use industries such as automotive, construction, and packaging
- Rising production of olefins in the Middle East and Asia Pacific regions
- Growing use of olefin derivatives in polymerization processes
- Technological advancements in production facilities for olefin derivatives
- Expansion of global trade routes that are facilitating the export of olefin derivatives
Scope Of The Report
Report Attributes
Report Details
Report Title
Olefin Derivatives Market Research Report
By Type
Acrylonitrile, Ethylene Oxide, Propylene Glycol, Butanol, Others
By Application
Pharmaceutical, Industrial
By Companies
Mitsubishi Chemical, China National Petroleum, Repsol, Ineos Holdings Luxembourg, China Petroleum & Chemical, Mitsubishi Chemical
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
220
Number of Tables & Figures
154
Customization Available
Yes, the report can be customized as per your need.
Global Olefin Derivatives Market Report Segments:
The global Olefin Derivatives market is segmented on the basis of:
Types
Acrylonitrile, Ethylene Oxide, Propylene Glycol, Butanol, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Pharmaceutical, Industrial
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Mitsubishi Chemical
- China National Petroleum
- Repsol
- Ineos Holdings Luxembourg
- China Petroleum & Chemical
- Mitsubishi Chemical
Highlights of The Olefin Derivatives Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Acrylonitrile
- Ethylene Oxide
- Propylene Glycol
- Butanol
- Others
- By Application:
- Pharmaceutical
- Industrial
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Olefin Derivatives Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
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- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Olefin derivatives are a type of derivative that is made from an olefin. Olefin derivatives can be created by combining two or more olefins together.
Some of the major players in the olefin derivatives market are Mitsubishi Chemical, China National Petroleum, Repsol, Ineos Holdings Luxembourg, China Petroleum & Chemical, Mitsubishi Chemical.
The olefin derivatives market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Olefin Derivatives Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Olefin Derivatives Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Olefin Derivatives Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Olefin Derivatives Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Olefin Derivatives Market Size & Forecast, 2018-2028
4.5.1 Olefin Derivatives Market Size and Y-o-Y Growth
4.5.2 Olefin Derivatives Market Absolute $ Opportunity
Chapter 5 Global Olefin Derivatives Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Olefin Derivatives Market Size Forecast by Type
5.2.1 Acrylonitrile
5.2.2 Ethylene Oxide
5.2.3 Propylene Glycol
5.2.4 Butanol
5.2.5 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Olefin Derivatives Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Olefin Derivatives Market Size Forecast by Applications
6.2.1 Pharmaceutical
6.2.2 Industrial
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Olefin Derivatives Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Olefin Derivatives Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Olefin Derivatives Analysis and Forecast
9.1 Introduction
9.2 North America Olefin Derivatives Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Olefin Derivatives Market Size Forecast by Type
9.6.1 Acrylonitrile
9.6.2 Ethylene Oxide
9.6.3 Propylene Glycol
9.6.4 Butanol
9.6.5 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Olefin Derivatives Market Size Forecast by Applications
9.10.1 Pharmaceutical
9.10.2 Industrial
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Olefin Derivatives Analysis and Forecast
10.1 Introduction
10.2 Europe Olefin Derivatives Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Olefin Derivatives Market Size Forecast by Type
10.6.1 Acrylonitrile
10.6.2 Ethylene Oxide
10.6.3 Propylene Glycol
10.6.4 Butanol
10.6.5 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Olefin Derivatives Market Size Forecast by Applications
10.10.1 Pharmaceutical
10.10.2 Industrial
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Olefin Derivatives Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Olefin Derivatives Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Olefin Derivatives Market Size Forecast by Type
11.6.1 Acrylonitrile
11.6.2 Ethylene Oxide
11.6.3 Propylene Glycol
11.6.4 Butanol
11.6.5 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Olefin Derivatives Market Size Forecast by Applications
11.10.1 Pharmaceutical
11.10.2 Industrial
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Olefin Derivatives Analysis and Forecast
12.1 Introduction
12.2 Latin America Olefin Derivatives Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Olefin Derivatives Market Size Forecast by Type
12.6.1 Acrylonitrile
12.6.2 Ethylene Oxide
12.6.3 Propylene Glycol
12.6.4 Butanol
12.6.5 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Olefin Derivatives Market Size Forecast by Applications
12.10.1 Pharmaceutical
12.10.2 Industrial
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Olefin Derivatives Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Olefin Derivatives Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Olefin Derivatives Market Size Forecast by Type
13.6.1 Acrylonitrile
13.6.2 Ethylene Oxide
13.6.3 Propylene Glycol
13.6.4 Butanol
13.6.5 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Olefin Derivatives Market Size Forecast by Applications
13.10.1 Pharmaceutical
13.10.2 Industrial
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Olefin Derivatives Market: Competitive Dashboard
14.2 Global Olefin Derivatives Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Mitsubishi Chemical
14.3.2 China National Petroleum
14.3.3 Repsol
14.3.4 Ineos Holdings Luxembourg
14.3.5 China Petroleum & Chemical
14.3.6 Mitsubishi Chemical
