-- Allyl Chloride Market Overview:
The Global Allyl Chloride Market is expected to rise and touch a valuation of USD 2,845.1 Mn by 2023, at a 4.11% CAGR during the forecast period (2018-2023).
Rising demand for epoxy resins in end-use industries is likely to boost the market growth. The automotive sector, for instance, requires these prepolymers for producing coatings which can resist corrosion and extreme temperatures. But strict environment policies regarding the production of the chemical coupled with production of bio-based epichlorohydrin as an alternative can pose a challenge to the allyl chloride market.
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Allyl Chloride Market Key Players Analysis:
Major names operational in the allyl chloride market report are:
• Osaka Soda (Japan)
• Kashima Chemical Co., Ltd. (Japan)
• Alfa Aesar (U.S.)
• DowDuPont (U.S.)
• Rizho Lanxing Chemical Industry Co., Ltd. (China)
• Solvay (Belgium)
• Sumitomo Chemical Co., Ltd. (Japan)
• Gelest, Inc. (U.S.)
• Olin Corporation (U.S.)
Players are focusing their efforts on producing different grades of the chemical at economical prices. But volatile prices of propylene owing to swings in crude oil prices can negatively affect the market.
Allyl Chloride Market Segmentation:
The Allyl Chloride Market is segmented by application.
Water treatment chemicals accounted for the second-largest share in the allyl chloride market in 2017. It can exhibit a 4.33% CAGR over the forecast period to accrue nearly USD 104.8 million by 2023. The paucity of freshwater reserves has created the demand for allyl chloride which can be used in the production of quaternary ammonium salts, a vital component in water management. On the other hand, ‘others can exhibit a 4.01% CAGR over the forecast period to generate close to USD 65.3 million by 2023.
Major applications include epichlorohydrin, allyl sulfonates, allyl amines, water treatment chemicals, glycidyl ether, and others. Among them, epichlorohydrin accounted for the largest market share in 2017 with a value of USD 1,974.1 million. The increasing demand for epoxy resins across aerospace and defense, electrical and electronics, automotive, and building & construction is expected to augur well for the segment. The segment can accrue close to USD 2,503.7 million by 2023 for the allyl chloride market, at a CAGR during the forecast period.
Allyl Chloride Market Regional Analysis:
Region-wise, the allyl chloride market includes North America, Europe, Latin America, Asia Pacific (APAC), and the Middle East & Africa (MEA).
The Europe allyl chloride market valuation stood at USD 464.5 million in 2017. It is predicted to reach USD 555.1 million by 2023, at a CAGR of 3.11% during the forecast period. The region can accumulate a demand of 449.1 KT by 2023.
North America can reach a valuation of USD 493.9 million by 2023, at a predicted CAGR of 3.35% during the forecast period. The regional market volume can touch 407 KT by 2023.
Allyl Chloride Market Table of Content:
1 Executive Summary
2 Market Introduction
3 Market Insights
4 Research Methodology
5 Market Dynamics
Allyl Chloride Market Table of Content to be Continue…….,
Allyl Chloride Market List of Table:
TABLE 1 MARKET SYNOPSIS
TABLE 2 LIST OF ASSUMPTIONS
TABLE 3 GLBOAL ALLYL CHLORIDE MARKET PRICING & FORECAST (USD/TON), 2017-2023
TABLE 4 ASIA-PACIFIC ALLYL CHLORIDE MARKET PRICING & FORECAST (USD/TON), 2017-2023
TABLE 5 GLOBAL ALLYL CHLORIDE MARKET, BY APPLICATION 2018-2023 (USD MILLION)
Allyl Chloride Market List of Table to be Continue……,
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