DOHA, Qatar, February 19, 2024 QatarEnergy and Chevron Phillips Chemical today celebrated the commencement of construction of an integrated polymers complex in Qatar.
1-Decene Market worth $798 Million by 2025 - Exclusive Report by MarketsandMarkets 1-Decene Market by Derivative (Polyalphaolefins (Synthetic Lubricants, and Others), Oxo Alcohols (Plasticizer and Detergent Alcohols)), and Region - Global Forecast to 2025 , published by MarketsandMarkets, the 1-Decene Market is projected to reach USD 798 million by 2025, at a CAGR of 6.7% from USD 576 million in 2020.
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The growth of the 1-Decene Market is primarily triggered by the increasing demand for PAO-based synthetic lubricants. Moreover, growing industrial activities in Middle East & Africa and Asia Pacific (APAC) is another factor driving the 1-Dcene market. Polyalphaolefins (PAOs) have gained acceptance as a high-performance lubricant as they possess highly desi
The growth of the 1-Decene Market is primarily triggered by the increasing demand for PAO-based synthetic lubricants. Moreover, growing industrial activities in Middle East & Africa and Asia Pacific (APAC) is another factor driving the 1-Dcene market. Polyalphaolefins (PAOs) have gained acceptance as a high-performance lubricant as they possess highly desirable characteristics, such as high viscosity index, thermal stability, oxidative stability, compatibility with mineral oils, and low toxicity. PAOs not only offer the advantages of technical performance but also preserve the environment in certain sensitive applications. PAO-based synthetic lubricants offer superior performance in offshore drilling applications, where environmental concerns are high. In addition, certain PAOs are biodegradable and thus can be used as substitutes for vegetable-based oils. The PAO-based synthetic lubricants tend to eliminate the performance errors associated with drilling operations.