Thailand 1-Decene Market (2025-2031) | Outlook, Growth, Forecast, Industry, Analysis, Trends, Value, Share, Size, Revenue & Companies

Thailand 1-Decene Market Highlights

Topics Covered in the Thailand 1-Decene Market

Thailand 1-Decene Market report thoroughly covers the market by derivative type. The market outlook report provides an unbiased and detailed analysis of the ongoing market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.

Thailand 1-Decene Market Synopsis

Thailand’s 1-decene market is growing due to the rising demand across various end-use industries such as personal care, polymers, and surfactants. Decene’s demand in the surfactant industry is estimated to grow underpinned by the rising demand for surfactants because of the growth of the personal care industry. Furthermore, decene is used in high-performance lubricant production, which is in high demand owing to the massive growth of the automobile sector.

According to 6Wresearch, the Thailand 1-Decene Market size is expected to grow at a CAGR of 6.5% during the forecast period 2025-2031. The market growth is influenced by several factors such as government support, the growth of end-use industries, and increasing foreign investments. The Thailand government is implementing policies to attract investors, including tax incentives, fast-track investment promotion, and special economic zones. This policy move has resulted in several foreign investors flocking into Thailand, boosting the decene market. Additionally, the growth of end-use industries such as surfactants, polymers, and lube oils is driving the high growth of the decene market.

There are several challenges Thailand’s 1-Decene industry is facing such as volatile raw material prices, market consolidation, and increasing competition. Nevertheless, the a rising shift from using petrochemical resins to more sustainable raw materials. This shift has led to an increasing demand for bioresins derived from renewable feedstock. Furthermore, the personal care industry is experiencing a trend towards natural and sustainable products. Incorporating decene in manufacturing natural personal care products presents an opportunity for decene players to serve this market.

Government Initiatives Introduced in the Thailand 1-Decene Market

The Thailand government has implemented various initiatives to support the growth of the petrochemical industry. The Board of Investment (BOI) provides investment incentives for investors interested in this sector. Additionally, the government has initiated a program to promote the use of renewable resources and green chemistry practices in the petrochemical industry. These are some measures supporting the Thailand 1-Decene Market growth. 

Key Players in the Thailand 1-Decene Market

The key players in Thailand’s 1-decene market include ExxonMobil Chemical, Shell, and Chevron Phillips Chemical. These players have invested heavily in the market, and several newcomers have also joined the market, including SABIC, Sasol, and LOTTE Chemical Titan. Combined efforts by these players are expected to drive the growth of Thailand’s 1-decene market.

Future Insights of the Thailand 1-Decene Market

Thailand 1-Decene Market share is estimated to increase with several growing factors, including trends and opportunities. The Thailand 1-Decene market has several growth opportunities, such as expanding the application of 1-Decene in various industries such as cosmetics, pharmaceuticals, and more. The increasing demand for lightweight materials in automobiles and other consumer products also presents an exciting opportunity for the 1-Decene industry.

Market Analysis by Derivative Type

According to Nitesh, Research Manager, 6Wresearch, Polyalphaolefins (PAOs) are leading in Thailand's 1-decene market, driven by rising demand for high-performance lubricants in the automotive and industrial sectors, along with the increasing adoption of stringent food safety standards.

Key attractiveness of the report

• 10 Years Market Numbers.
• Historical Data Starting from 2021 to 2024.
• Base Year: 2024.
• Forecast Data until 2031.
• Key Performance Indicators Impacting the Market.
• Major Upcoming Developments and Projects.

Key Highlights of the Report:

• Thailand 1-Decene Market Outlook
• Market Size of Thailand 1-Decene Market, 2024
• Forecast of Thailand 1-Decene Market, 2031
• Historical Data and Forecast of Thailand 1-Decene Revenues & Volume for the Period 2021-2031
• Thailand 1-Decene Market Trend Evolution
• Thailand 1-Decene Market Drivers and Challenges
• Thailand 1-Decene Price Trends
• Thailand 1-Decene Porter's Five Forces
• Thailand 1-Decene Industry Life Cycle
• Historical Data and Forecast of Thailand 1-Decene Market Revenues & Volume By Derivative Type for the Period 2021-2031
• Historical Data and Forecast of Thailand 1-Decene Market Revenues & Volume By polyalphaolefins (PAOs) for the Period 2021-2031
• Historical Data and Forecast of Thailand 1-Decene Market Revenues & Volume By Oxo Alcohols for the Period 2021-2031
• Historical Data and Forecast of Thailand 1-Decene Market Revenues & Volume By Others for the Period 2021-2031
• Thailand 1-Decene Import Export Trade Statistics
• Market Opportunity Assessment By Derivative Type
• Thailand 1-Decene Top Companies Market Share
• Thailand 1-Decene Competitive Benchmarking By Technical and Operational Parameters
• Thailand 1-Decene Company Profiles
• Thailand 1-Decene Key Strategic Recommendations

Market Covered

The report offers a comprehensive study of the subsequent market segments:

By Derivative Type

• Polyalphaolefins (PAOs)
• Oxo Alcohols
• Others