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Linear Alpha Olefins Prices, Trend & Forecasts | Provided by Procurement Resource

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Linear Alpha olefins (LAO) are olefins or alkenes. It is the first carbon atom in the chain of hydrocarbons. Linear alpha olefins are produced during oligomerisation and are extensively employed as raw materials for various products such as adhesives, plastics, and detergents.

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It is manufactured via thermal cracking oil and gasoline. It is also produced industrially, despite scarcity. The mono-olefins like ethylene are joined to expand the substrate, during the oligomerising.

It is formed by the Catalytic Ziegler Process, the Stoichiometric Ziegler Process, and Ethylene Oligomerisation.

The main producers in the market of linear alpha olefins are the United Kingdom, Canada, Germany, France, Italy, Japan, China, India, South Korea, and Australia.

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.

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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:

Price Trend ImageLinear Alpha Olefins are primarily employed in detergent alcohols, lubricants, oilfield chemicals, and plasticizers. It is also used in the manufacturing of polypropylene and polyethylene

It finds its application in end-user industries like automotive and plastics.Other than that, it is also employed in the manufacturing of aldehydes, and in the creation of fatty acids for plasticisers.

They are utilised in the production of amines and amine oxides, oxo alcohols, alkylated aromatics, epoxides, tanning oils, synthetic lubricants, lubricant additives, alpha olefin sulfonates, and synthetic fatty acids.

Key Market Players:

  • Shell Chemicals
  • INEOS
  • Chevron Phillips Chemical

News and Events:

  • March 29, 2022: At its integrated petrochemical complex in Baytown, Texas, USA, ExxonMobil has developed a new production unit for linear alpha olefins. The unit will produce approximately 350,000 metric tons of linear alpha olefins every year. It is expected that it will start commercially by 2023.

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Procurement Resource offers in-depth research on product pricing and market insights for more than 500 chemicals, commodities, and utilities updated daily, weekly, monthly, and annually. It is a cost-effective, one-stop solution for all your market research requirements, irrespective of which part of the value chain you represent.

We have a team of highly experienced analysts who perform comprehensive research to deliver our clients the newest and most up-to-date market reports, cost models, price analysis, benchmarking, and category insights, which help in streamlining the procurement process for our clientele. Our team tracks the prices and production costs of a wide variety of goods and commodities, hence, providing you with the latest and consistent data.

To get real-time facts and insights to help our customers, we work with a varied range of procurement teams across industries. At Procurement Resource, we support our clients, with up-to-date and pioneering practices in the industry, to understand procurement methods, supply chain, and industry trends, so that they can build strategies to achieve maximum growth.

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