Global Higher Olefins Market Overview
Chem Reports estimates that the global Higher Olefins market was valued at USD xxxx in 2025 and is expected to reach USD xxxx by 2036, expanding at a CAGR of xx% during the forecast period 2026–2036.
The Global Higher Olefins Market Report 2025 delivers an in-depth evaluation of market size, growth drivers, technological advancements, and competitive dynamics. The report analyzes historical and current market performance to forecast future growth opportunities across regions and high-value application segments.
This research study is based on extensive primary and secondary research, incorporating analysis of:
Market Description
Higher olefins are advanced olefin compounds produced with ultra-high purity levels and used as critical raw materials in electronics, semiconductor manufacturing, optoelectronics, and energy storage systems. These materials play a vital role in ensuring performance consistency, electrical properties, and reliability in high-tech applications.
The market is primarily driven by rising demand for high-purity materials in semiconductor fabrication, LED manufacturing, electronic displays, and lithium-ion battery technologies. Continuous miniaturization, higher performance requirements, and stricter quality standards are increasing the need for 4N, 5N, and 6N purity-grade higher olefins.
Impact of COVID-19 on the Higher Olefins Market
The COVID-19 pandemic had a mixed impact on the Higher Olefins market in 2020.
Key impacts included:
Overall, the market demonstrated resilience, supported by accelerating digitalization and electrification trends.
Market Segmentation
By Type
By Application
Regional Analysis
Asia-Pacific dominates the market due to strong semiconductor manufacturing bases, expanding electronics production, and increasing investments in battery manufacturing capacity.
Key Players in the Global Higher Olefins Market
Purity levels, process control, supply reliability, and long-term contracts with electronics manufacturers drive competition.
Market Drivers
Market Challenges
Market Trends
Porter’s Five Forces Analysis
Threat of New Entrants – Low
Bargaining Power of Suppliers – Moderate
Bargaining Power of Buyers – High
Threat of Substitutes – Low
Competitive Rivalry – Moderate
SWOT Analysis
Strengths
Weaknesses
Opportunities
Threats
Value Chain Analysis
Market Outlook
The global Higher Olefins market is expected to witness robust and sustained growth through 2036, driven by expanding semiconductor production, rising demand for advanced electronics, and increasing investments in energy storage technologies. While high production costs and stringent quality requirements present challenges, continuous innovation in purification technologies, process efficiency, and capacity expansion is expected to support long-term market growth. Manufacturers focusing on ultra-high-purity grades, strategic partnerships, and regional expansion are likely to strengthen their competitive position over the forecast period.
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1. Market Overview of Higher Olefins
1.1 Higher Olefins Market Overview
1.1.1 Higher Olefins Product Scope
1.1.2 Market Status and Outlook
1.2 Higher Olefins Market Size by Regions:
1.3 Higher Olefins Historic Market Size by Regions
1.4 Higher Olefins Forecasted Market Size by Regions
1.5 Covid-19 Impact on Key Regions, Keyword Market Size YoY Growth
1.5.1 North America
1.5.2 East Asia
1.5.3 Europe
1.5.4 South Asia
1.5.5 Southeast Asia
1.5.6 Middle East
1.5.7 Africa
1.5.8 Oceania
1.5.9 South America
1.5.10 Rest of the World
1.6 Coronavirus Disease 2019 (Covid-19) Impact Will Have a Severe Impact on Global Growth
1.6.1 Covid-19 Impact: Global GDP Growth, 2019, 2020 and 2025 Projections
1.6.2 Covid-19 Impact: Commodity Prices Indices
1.6.3 Covid-19 Impact: Global Major Government Policy
2. Covid-19 Impact Higher Olefins Sales Market by Type
2.1 Global Higher Olefins Historic Market Size by Type
2.2 Global Higher Olefins Forecasted Market Size by Type
2.3 Purity(4N)
2.4 Purity(5N)
2.5 Purity(6N)
3. Covid-19 Impact Higher Olefins Sales Market by Application
3.1 Global Higher Olefins Historic Market Size by Application
3.2 Global Higher Olefins Forecasted Market Size by Application
3.3 LEDs
3.4 Electronic Displays
3.5 Semiconductors
3.6 Li-Ion Batteries
3.7 Others
4. Covid-19 Impact Market Competition by Manufacturers
4.1 Global Higher Olefins Production Capacity Market Share by Manufacturers
4.2 Global Higher Olefins Revenue Market Share by Manufacturers
4.3 Global Higher Olefins Average Price by Manufacturers
5. Company Profiles and Key Figures in Higher Olefins Business
5.1 Altech Chemicals
5.1.1 Altech Chemicals Company Profile
5.1.2 Altech Chemicals Higher Olefins Product Specification
5.1.3 Altech Chemicals Higher Olefins Production Capacity, Revenue, Price and Gross Margin
5.2 Baikowski Pure Solutions
5.2.1 Baikowski Pure Solutions Company Profile
5.2.2 Baikowski Pure Solutions Higher Olefins Product Specification
5.2.3 Baikowski Pure Solutions Higher Olefins Production Capacity, Revenue, Price and Gross Margin
5.3 Shell
5.3.1 Shell Company Profile
5.3.2 Shell Higher Olefins Product Specification
5.3.3 Shell Higher Olefins Production Capacity, Revenue, Price and Gross Margin
5.4 ExxonMobil
5.4.1 ExxonMobil Company Profile
5.4.2 ExxonMobil Higher Olefins Product Specification
5.4.3 ExxonMobil Higher Olefins Production Capacity, Revenue, Price and Gross Margin
5.5 Sinopec
5.5.1 Sinopec Company Profile
5.5.2 Sinopec Higher Olefins Product Specification
5.5.3 Sinopec Higher Olefins Production Capacity, Revenue, Price and Gross Margin
5.6 Dalian Hiland Photoelectric Material
5.6.1 Dalian Hiland Photoelectric Material Company Profile
5.6.2 Dalian Hiland Photoelectric Material Higher Olefins Product Specification
5.6.3 Dalian Hiland Photoelectric Material Higher Olefins Production Capacity, Revenue, Price and Gross Margin
5.7 Nippon Light Metal Holdings Company
5.7.1 Nippon Light Metal Holdings Company Company Profile
5.7.2 Nippon Light Metal Holdings Company Higher Olefins Product Specification
5.7.3 Nippon Light Metal Holdings Company Higher Olefins Production Capacity, Revenue, Price and Gross Margin
5.8 Orbite Technologies
5.8.1 Orbite Technologies Company Profile
5.8.2 Orbite Technologies Higher Olefins Product Specification
5.8.3 Orbite Technologies Higher Olefins Production Capacity, Revenue, Price and Gross Margin
5.9 Rusal
5.9.1 Rusal Company Profile
5.9.2 Rusal Higher Olefins Product Specification
5.9.3 Rusal Higher Olefins Production Capacity, Revenue, Price and Gross Margin
5.10 Sasol
5.10.1 Sasol Company Profile
5.10.2 Sasol Higher Olefins Product Specification
5.10.3 Sasol Higher Olefins Production Capacity, Revenue, Price and Gross Margin
5.11 Sumitomo Chemical
5.11.1 Sumitomo Chemical Company Profile
5.11.2 Sumitomo Chemical Higher Olefins Product Specification
5.11.3 Sumitomo Chemical Higher Olefins Production Capacity, Revenue, Price and Gross Margin
5.12 Xuan Cheng Jing Rui New Material
5.12.1 Xuan Cheng Jing Rui New Material Company Profile
5.12.2 Xuan Cheng Jing Rui New Material Higher Olefins Product Specification
5.12.3 Xuan Cheng Jing Rui New Material Higher Olefins Production Capacity, Revenue, Price and Gross Margin
5.13 Zibo Honghe Chemical
5.13.1 Zibo Honghe Chemical Company Profile
5.13.2 Zibo Honghe Chemical Higher Olefins Product Specification
5.13.3 Zibo Honghe Chemical Higher Olefins Production Capacity, Revenue, Price and Gross Margin
6. North America
6.1 North America Higher Olefins Market Size
6.2 North America Higher Olefins Key Players in North America
6.3 North America Higher Olefins Market Size by Type
6.4 North America Higher Olefins Market Size by Application
7. East Asia
7.1 East Asia Higher Olefins Market Size
7.2 East Asia Higher Olefins Key Players in North America
7.3 East Asia Higher Olefins Market Size by Type
7.4 East Asia Higher Olefins Market Size by Application
8. Europe
8.1 Europe Higher Olefins Market Size
8.2 Europe Higher Olefins Key Players in North America
8.3 Europe Higher Olefins Market Size by Type
8.4 Europe Higher Olefins Market Size by Application
9. South Asia
9.1 South Asia Higher Olefins Market Size
9.2 South Asia Higher Olefins Key Players in North America
9.3 South Asia Higher Olefins Market Size by Type
9.4 South Asia Higher Olefins Market Size by Application
10. Southeast Asia
10.1 Southeast Asia Higher Olefins Market Size
10.2 Southeast Asia Higher Olefins Key Players in North America
10.3 Southeast Asia Higher Olefins Market Size by Type
10.4 Southeast Asia Higher Olefins Market Size by Application
11. Middle East
11.1 Middle East Higher Olefins Market Size
11.2 Middle East Higher Olefins Key Players in North America
11.3 Middle East Higher Olefins Market Size by Type
11.4 Middle East Higher Olefins Market Size by Application
12. Africa
12.1 Africa Higher Olefins Market Size
12.2 Africa Higher Olefins Key Players in North America
12.3 Africa Higher Olefins Market Size by Type
12.4 Africa Higher Olefins Market Size by Application
13. Oceania
13.1 Oceania Higher Olefins Market Size
13.2 Oceania Higher Olefins Key Players in North America
13.3 Oceania Higher Olefins Market Size by Type
13.4 Oceania Higher Olefins Market Size by Application
14. South America
14.1 South America Higher Olefins Market Size
14.2 South America Higher Olefins Key Players in North America
14.3 South America Higher Olefins Market Size by Type
14.4 South America Higher Olefins Market Size by Application
15. Rest of the World
15.1 Rest of the World Higher Olefins Market Size
15.2 Rest of the World Higher Olefins Key Players in North America
15.3 Rest of the World Higher Olefins Market Size by Type
15.4 Rest of the World Higher Olefins Market Size by Application
16 Higher Olefins Market Dynamics
16.1 Covid-19 Impact Market Top Trends
16.2 Covid-19 Impact Market Drivers
16.3 Covid-19 Impact Market Challenges
16.4 Porter?s Five Forces Analysis
18 Regulatory Information
17 Analyst's Viewpoints/Conclusions
18 Appendix
18.1 Research Methodology
18.1.1 Methodology/Research Approach
18.1.2 Data Source
18.2 Disclaimer
Market Segmentation
By Type
By Application
Regional Analysis
Asia-Pacific dominates the market due to strong semiconductor manufacturing bases, expanding electronics production, and increasing investments in battery manufacturing capacity.
Key Players in the Global Higher Olefins Market
Purity levels, process control, supply reliability, and long-term contracts with electronics manufacturers drive competition.
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