1-Decene Market Size

1-Decene Market size was over USD 2.42 billion in 2024 and is projected to cross USD 8 billion by the end of 2037, growing at more than 9.6% CAGR during the forecast period i.e., between 2025-2037. In the year 2025, the industry size of 1-decene is estimated at USD 2.61 billion. In the year 2024, the industry size of 1-decene is evaluated at USD 2.4 Billion. 

The primary factor that is attributed to creating lucrative growth opportunities in the market is the expansion of the manufacturing sector and the use of PAO as a raw material in many manufacturing industries as a transmission, compressor, lubricator, and gear oil. As per the reported data, the revenue generated by the manufacturing industry of the U.S. is projected to be approximately USD 9 trillion as of 2022.

Apart from the aforementioned factors, the increased utilization rate of 1-decene in the food and beverage industry as food additives, glazing, and polishing agents, is anticipated to be a positive contributing factor to the market growth in the forecast period. Moreover, it is being utilized as a non-stick coating in utensils, as a lubricant in dough-dividing machines, as an anti-dusting and anti-foaming agent, and as a plasticizer in the food and beverage industry. In addition, the advantages of 1-decene have also made it a preferable chemical intermediate in the manufacture of detergents, their derivatives, and industrial surfactants. As, a result of its characteristics, 1-decene is being highly utilized in end-use industries including automotive, petrochemical, and oil & gas, which subsequently is expected to bring profitable opportunities for the market. Furthermore, the rising economies as well as the rising spending capacities of consumers, along with the decrease in the prices of raw materials, are other anticipated growth drivers to fuel the market in the upcoming years.