Global Internal Olefins Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Technology;

Paraffin Dehydrogenation, and Isomerization & Disproportionation (I/D).

By Product;

Industrial, Agricultural.

By Application;

Surfactants, Oil Drilling, Pharmaceuticals, Lubricants, Agrochemical, and Others.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn140033554 Published Date: March, 2025 Updated Date: April, 2025

Introduction

Global Internal Olefins Market (USD Million), 2021 - 2031

In the year 2024, the Global Internal Olefins Market was valued at USD 2,377.87 million. The size of this market is expected to increase to USD 3,192.85 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 4.3%.

The global internal olefins market is a significant segment of the chemical industry, primarily driven by the growing demand for a wide range of applications in industries such as automotive, pharmaceuticals, textiles, and detergents. Internal olefins are a class of olefins (unsaturated hydrocarbons) that contain a double bond in the carbon chain, typically at the second position. These compounds are produced through various chemical processes, such as oligomerization, isomerization, and cracking of longer-chain hydrocarbons. Due to their versatility and ability to be tailored for specific applications, internal olefins have found widespread use in several manufacturing processes and end-use industries.

Internal olefins are key raw materials for the production of surfactants, detergents, and lubricants, offering essential properties such as emulsification, foaming, and wetting. The automotive sector also benefits from internal olefins in the formulation of fuel additives, lubricants, and plasticizers, enhancing vehicle performance and reducing emissions. Additionally, the chemical industry uses these compounds as intermediates in the production of synthetic lubricants, plastic additives, and other specialty chemicals. The continuous evolution of industries and technological advancements in chemical production processes have paved the way for a steady increase in the demand for high-purity internal olefins in various applications.

The market for internal olefins is experiencing growth as manufacturers across the globe aim to meet the rising demand for more efficient and environmentally friendly products. The expansion of end-user industries, particularly in emerging markets, is anticipated to drive the demand for internal olefins in the coming years. Additionally, with a growing focus on sustainability and regulatory standards, companies are exploring innovative methods of production to reduce the environmental footprint of internal olefin manufacturing. As the global market for chemicals and petrochemicals continues to expand, the internal olefins market is expected to benefit from its increasing use in various industrial applications, supporting growth and innovation within the broader chemical sector.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Technology
    2. Market Snapshot, By Product
    3. Market Snapshot, By Application
    4. Market Snapshot, By Region
  4. Global Internal Olefins Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Rising Demand from Automotive Industry
        2. Growth in the Detergents and Surfactants Market
        3. Expanding Applications in Lubricants and Additives
      2. Restraints
        1. Fluctuating Raw Material Prices
        2. Environmental Regulations on Chemical Production
        3. High Production Costs
      3. Opportunities
        1. Growth in Emerging Markets
        2. Innovation in Sustainable and Green Production Techniques
        3. Increasing Demand for High-Performance Chemicals
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Internal Olefins Market, By Technology, 2021 - 2031 (USD Million)
      1. Paraffin Dehydrogenation
      2. Isomerization & Disproportionation (I/D)
    2. Global Internal Olefins Market, By Product, 2021 - 2031 (USD Million)
      1. Industrial
      2. Agricultural
    3. Global Internal Olefins Market, By Application, 2021 - 2031 (USD Million)
      1. Surfactants
      2. Oil Drilling
      3. Pharmaceuticals
      4. Lubricants
      5. Agrochemical
      6. Others
    4. Global Internal Olefins Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. INEOS Group Limited
      2. Sasol Limited
      3. Royal Dutch Shell plc
      4. Elevance Renewable Sciences
      5. Chevron Corporation
  7. Analyst Views
  8. Future Outlook of the Market