Allyl Chloride Market is estimated to grow at a CAGR of 4.45% during the forecast period. Allyl Chloride Market is estimated to grow by US$ 1.75 Billion during the forecasted period (2022-2027).
Organochlorine compounds include allyl chloride. It is mostly converted into epichlorohydrin, which is used to make plastics. The primary source of allyl chloride demand is epichlorohydrin production. Epoxidation or reaction of allyl chloride with hydrochloric acid converts allyl chloride to epichlorohydrin. Allyl chloride is also used in the production of allyl alcohol, allyl isothiocyanates, allylamine, and allyl silane.
Allyl Chloride Market Report Scope and Research Methodology
The SMR study provides an overview of the Allyl Chloride market share and competitor sector, as well as an analysis of the major players and leading regions. This analysis covers the Allyl Chloride market's historical trends, revenue, capacity, cost structure, and major drivers. The purpose of this report is to provide current market size, growth rates, and company profiles of the top players and producers.
The report on Allyl Chloride Market includes market size and analysis for applications, economic factors, and geographic divisions, as well as a thorough examination of key market characteristics. The bottom-up method was used to estimate the Allyl Chloride market size in terms of value and volume. An in-depth analysis of regional development is included, as well as information on the Allyl Chloride market's key growth indicators, geographical challenges, and threats.
The Allyl Chloride research provides a thorough analysis as well as reliable revenue data on the market participant. A description of the company, its primary operations, total earnings and sales, revenue generated in the Allyl Chloride market, the entry date into the Allyl Chloride market, recent developments, and other information are provided.
Allyl Chloride Market Overview:
SMR released a report on the Allyl Chloride Market. The Allyl Chloride market report is a compilation of primary and secondary data, and domain experts have examined the market from both a local and global perspective. According to the report, the Allyl Chloride market is expected to grow rapidly during the forecast period.
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Allyl Chloride Market Key Players:
Dow DuPont (USA)
Osaka Soda (Japan)
Sumitomo Chemicals (Japan)
Solvay (Belgium)
INOVYN (UK)
Oilin (USA)
Gelest (USA)
Hexion (USA)
Chemical Corp Pvt Ltd (Japan)
AccuStandard (USA)
SIELC Technologies (USA)
W.W. Grainger, Inc. (USA)
Allyl Chloride Market Drivers:
Rising demand for polymers, plastics, and other chemicals from countries such as China, India, and other emerging economies in the region is driving demand for allyl chloride.
Allyl chloride is in high demand as an alkylating agent in the pharmaceutical and pesticide industries. The global chemical industry is driving the allyl chloride market due to its increasing use as a raw material and alkylating agent.
Epoxy is a significant polymer that is in high demand in the plastics, paints and coatings, and composites industries. During the forecast period, rising trends in these end-use markets are expected to boost allyl chloride demand.
Allyl Chloride Market Segmentation:
End Users and Applications can be used to segment the Allyl Chloride Market.
The Allyl Chloride market can be classified into Pharmaceuticals, Pesticides, Plastics, and Others.
Because of the increasing demand, the pharmaceutical and plastics segments are expected to have a large share of the End User segment.
Epichlorohydrin, Glycidyl Ether, Allyl Amine, Water Treatment Chemicals, Allyl Sulfonate, and Others are the application segments of the Allyl Chloride Market.
Epichlorohydrin, which is used to make epoxy resins, surfactants, and flame retardants, is expected to dominate the global allyl chloride market's application segment. During the forecast period, the epichlorohydrin segment will increase its allyl chloride market share significantly. The automotive, construction, and household segments drive the majority of demand. Epichlorohydrin-based epoxy resins have superior properties such as toughness, resistance to moisture and chemicals, high tensile strength, and good dielectric properties. During the forecast period, such factors are expected to increase demand for allyl chloride from production (2022-2027).
Allyl Chloride Market Regional Insights
Geographically, the report is divided into several key countries, with market size, growth rate, import and export of Allyl Chloride market in these countries, which cover North America, the United States, Canada, Mexico, Europe, the United Kingdom, Germany, France, Spain, Italy, Rest of Europe, Asia Pacific, China, India, Japan, Australia, South Korea, ASEAN Countries, Rest of APAC, South America, Brazil, and the Middle East and Africa.
Key Questions answered in the Allyl Chloride Market Report are:
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Allyl Chloride Market , Asia Pacific Vehicle Subscription Market
Established in 2018, Stellar Market Research is India Based consulting and advisory firm focused on helping clients to reach their business transformation objectives with advisory services and strategic business.
Allyl Chloride Market , Allyl Chloride Market Size , Allyl Chloride Market Share , Allyl Chloride Market Growth , Allyl Chloride Market Trends
Mar 20, 2023