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Global Alpha Olefins Market Size, Share, Forecast, Report 2026

Alpha Olefins Market

CARMELSTAT compounds developed by Carmel Olefins represent a technological breakthrough. Injection molded totes, bins and containers, chip trays and PCB racks from these compounds exhibit permanent, consistent and controlled surface resistivity in the 106 - 109 ohms/square electrostatic dissipative range at carbon black concentrations as low as 1 - 2%.

"The global petrochemicals market size is projected to reach USD958.8 billion by 2025, expanding at a CAGR of 8.5% over the forecast period. Increasing demand for ethylene, propylene, methanol, and benzene in different end-use industries is anticipated to propel the global market demand. Government support and favorable policies in Asian countries, such as China and India, are expected to further accelerate market growth. The methanol product segment is anticipated to witness robust growth on account of its high demand in the production of formaldehyde gasoline, methanol olefins, and other chemicals. They have a high preference in various end-use industries, including plastic manufacturing, paints and adhesives, construction, automotive, and pharmaceuticals. It is extensively used in the production of biodegradable lubricants, which reduce air pollution and are considered safer than other fuels. The production of biodiesel is supported by regulatory bodies as a measure to reduce carbon footprint."