Linear Alpha Olefins Historical Charts and Forecast Analysis | Provided by Procurement Resource
|Product Name||Linear Alpha Olefins|
|Currency||US$ (Data can also be provided in local currency)|
|Customization Scope||The report can be customized as per the requirements of the customer|
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Linear Alpha Olefins (LAO) are alkenes that contain double bonds at the alpha position, the first carbon atom in the chain of a hydrocarbon. The compound’s double bond location makes it more reactive and lends itself to a variety of industrial applications. During oligomerization, linear alpha olefins are produced and used as raw materials for products including detergents, plastics, and adhesives.
Despite their scarcity, linear olefins can still be produced industrially. Olefins are created by thermally cracking oil and gasoline.
The Catalytic Ziegler Process, the Stoichiometric Ziegler Process, and Ethylene Oligomerization all result in the formation of linear alpha olefins. When oligomerizing, lower molecular weight mono-olefins like ethylene are joined to expand the substrate.
The major regions that are contributing to the market development of linear alpha olefins are the United Kingdom, Canada, Germany, France, United Kingdom, Italy, Japan, China, India, South Korea, Australia, the Middle west, and Africa.
Key Details About the Linear Alpha olefins Price Trend:
Procurement Resource does an in-depth analysis of the price trend to bring forth the monthly, quarterly, half-yearly, and yearly information on the linear alpha olefins price in its latest pricing dashboard. The detailed assessment deeply explores the facts about the product, price change over the weeks, months, and years, key players, industrial uses, and drivers propelling the market and price trends.
Each price record is linked to an easy-to-use graphing device dated back to 2014, which offers a series of functionalities; customization of price currencies and units and downloading of price information as excel files that can be used offline.
The linear alpha olefins price trends, pricing database, and analysis can prove valuable for procurement managers, directors, and decision-makers to build up their strongly backed-up strategic insights to attain progress and profitability in the business.
Industrial Uses Impacting Linear Alpha olefins Price Trend:
Linear Alpha Olefins are employed in detergent alcohols, lubricants, oilfield chemicals, and plasticizers. The manufacturing of polypropylene and polyethylene uses it extensively as a co-monomer.
When making plastics like polyethylene and polypropylene, linear alpha olefins are frequently employed as co-monomers. It finds its application in end-user industries like automotive and plastics.
Among its many uses, it is also used in the production of polyethylene, the creation of aldehydes, and the creation of fatty acids for plasticisers.
Key Market Players:
• Shell Chemicals
• Chevron Phillips Chemical
News and Events:
• March 29, 2022: ExxonMobil has reported that development on the new linear aloha olefins (LAO) manufacturing facility is underway at its integrated petrochemical complex in Baytown, Texas, and that a mid-2023 commercial start-up is the aim. Once fully operational, the new facility will be able to manufacture about 350,000 metric tonnes of LAO every year.
Exxonmobil will produce 10 high-purity LAO products, which will be sold under the Elevexx brand. Extremely versatile, LAO molecules are employed in a wide range of specialised applications, such as plastic packaging, industrial fluids, high-performance engines, and as the building blocks for surfactants and other specialty chemicals.
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