#Allyl Chloride Market trends
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Allyl Chloride Price | Prices | Pricing | News | Database | Chart | ChemAnalyst
Allyl Chloride prices, a crucial raw material in the chemical industry, has experienced notable price fluctuations due to various market dynamics, including supply-demand shifts, production costs, and broader economic factors. As a primary ingredient in the production of epichlorohydrin and allyl alcohol, the demand for allyl chloride is heavily influenced by these end-use sectors. Epichlorohydrin is an essential intermediate in the manufacturing of epoxy resins, which are in demand across automotive, construction, and electronics industries. The prices of allyl chloride have shown a fluctuating trend in recent years due to the interplay of demand from these downstream sectors and the cost of raw materials required for its production, primarily propylene and chlorine. Propylene is derived from crude oil, meaning that any volatility in oil prices directly impacts the production cost of allyl chloride, as it raises the price of feedstocks, further affecting profitability and influencing market prices.
In regions like Asia-Pacific, where manufacturing activity is high, allyl chloride demand is strong, and production is concentrated in countries like China, Japan, and South Korea. These countries have experienced varying degrees of economic growth and industrial expansion, which has supported a steady demand for allyl chloride in recent years. However, shifts in government policies around environmental sustainability and stricter regulations on hazardous chemicals have sometimes resulted in supply disruptions. For instance, China has recently imposed stricter controls on the production and use of chemicals, leading to temporary plant closures and supply chain bottlenecks. These regulatory changes can lead to short-term supply constraints, which in turn can cause price spikes as companies struggle to source sufficient quantities of allyl chloride. Globally, as industries focus on reducing environmental footprints, the pressure on chemical manufacturers to adopt greener production processes is mounting, which may add further production costs, potentially impacting the pricing of allyl chloride in the long term.
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Global economic conditions play a significant role in determining allyl chloride prices. Economic slowdowns can weaken demand for end-use products like epoxy resins and plasticizers, leading to lower consumption of allyl chloride. Conversely, economic booms often result in increased demand and production, driving up prices. The impact of inflation, rising energy prices, and changes in currency exchange rates also contribute to pricing fluctuations. For instance, rising energy prices add to production costs, while shifts in currency exchange rates impact import and export dynamics. In recent years, geopolitical issues such as trade disputes and tariffs have further complicated the global supply chain for allyl chloride. The U.S.-China trade tensions, for example, have affected not only the allyl chloride market but also related sectors by increasing tariffs on chemical imports and exports, leading to higher prices and influencing sourcing strategies across the globe.
Technological advancements and innovations in production processes for allyl chloride can lead to more efficient manufacturing, thereby reducing costs and stabilizing prices. Many companies are investing in research and development to create production methods that are less dependent on crude oil derivatives, making the allyl chloride supply chain more resilient to fluctuations in oil prices. Additionally, as new applications for allyl chloride and its derivatives are discovered, demand could potentially increase, impacting prices. Innovations in the use of allyl chloride in specialized sectors such as pharmaceuticals and fine chemicals may also play a role in future price trends. For instance, allyl chloride is being explored as a potential ingredient in advanced chemical syntheses, which could increase its value in niche markets and drive up prices if these applications become commercially viable.
Regional market trends also impact allyl chloride prices, as different geographic areas face unique challenges and opportunities in production and demand. In North America and Europe, where the chemical industry is mature and well-regulated, prices are often more stable than in emerging economies. However, stringent environmental regulations in these regions also mean that companies incur higher production costs to meet compliance standards, which can contribute to price increases. Emerging markets, on the other hand, often experience more volatility in allyl chloride prices due to their dynamic growth and less predictable regulatory environments. For instance, demand surges in India and Southeast Asia due to rapid industrialization have driven prices up as companies race to meet the growing needs of local industries. However, these regions also face challenges such as limited domestic production capacities and reliance on imports, making them susceptible to global price swings and supply chain disruptions.
=The future outlook for allyl chloride prices will likely be influenced by ongoing global efforts to decarbonize industries and adopt sustainable practices. As regulatory bodies push for more environmentally friendly production processes, companies may face higher costs due to investments in cleaner technologies and compliance with stricter standards. These factors, combined with the increasing pressure from consumers and industries for sustainable products, could result in a gradual upward trend in allyl chloride prices as production costs rise. However, the emergence of alternative chemicals and innovations in production methods could help to offset these costs. Long-term price stability may also benefit from increasing investments in recycling and circular economy initiatives, which aim to reduce waste and make production processes more efficient. In the coming years, allyl chloride market dynamics will likely be shaped by a balance between demand growth from traditional sectors, innovation in new applications, and regulatory pressures to limit environmental impact.
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#Allyl Chloride#Allyl Chloride Price#Allyl Chloride Prices#Allyl Chloride Pricing#Allyl Chloride News#Allyl Chloride Price Monitor
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Allyl Chloride Market Global Share, Trend, Segmentation and Forecast 2031
The Insight Partners market research Allyl Chloride Market Size and Share Report | 2031 is now available for purchase. This report offers an exclusive evaluation of a range of business environment factors impacting market participants. The market information included in this report is assimilated and reliant on a few strategies, for example, PESTLE, Porter's Five, SWOT examination, and market dynamics
Allyl Chloride market is evaluated based on current scenarios and future projections are added keeping the projected period in consideration. This report integrates the valuation of Allyl Chloride market size for esteem (million USD) and volume (K Units). Research analysts have used top-down, bottom-up, primary, and secondary research approaches to evaluate and approve the Allyl Chloride market estimation.
Detailed scrutiny of market shares, optional sources, and basic essential sources has been done to integrate only valid facts. This research further reveals strategies to help companies grow in the Allyl Chloride market.
Key objectives of this research are:
To contemporary market dynamics including drivers, challenges, threats, and opportunities in the Allyl Chloride market.
To analyze the sum and market estimation of the worldwide Allyl Chloride market
Based on key facets, market segments are added.
The competitive analysis covers key market players and their business strategies.
To examine the Allyl Chloride Market for business probable and strategic outlook.
To review the Allyl Chloride Market size, key regions and countries, end-users, and statistical details.
To offer strategic recommendations based on the latest market developments, and Allyl Chloride market trends.
Perks of The Insight Partners’ Allyl Chloride Market Research
Market Trends: Our report reveals developing Allyl Chloride market trends that are poised to reshape the market preparing businesses with the foresight to retain their competitive edge. This Market research report presents market trends, supply chain analysis, leading participants, and business growth strategies. This research covers technological progress and key developments covering various aspects of the inclusive market. It is valuable market research for existing key players as well as new entrants in the Allyl Chloride Market. Through inputs derived from experts, this research attempts to guide future investors about market details and potential returns on investment.
Competitive Landscape: This research reveals key market players, their strategies, and possible areas for differentiation.
Analysts Viewpoint: We have industry-specific experts who add credibility to this report with their exclusive viewpoints based on market understanding and expertise. This report goes further into details of entire business processes and doesn’t restrict to only operational aspects. These insights cover venture economics and include tactics for capital investment, investor funding, and projections of ROIs. Net income and profit loss financial stats are crucial metrics of this Allyl Chloride market report. With these meticulous insights companies can reduce their risks and increase the success rate in the coming decade.
Allyl Chloride Market Report Coverage:
Segmental Coverage
Application
Epichlorohydrin
Allylic Esters
Allylic Ether Resins
Alkyl and Allylic Silanes
Chelating Agents
Adhesives
Biodegradable detergents
Flame retardants
Ziegler catalyst modification
Oil Production
End User
Pharmaceutical
Oil and Gas
Paints and Coatings
Others
Regional and Country Coverage
North America (US, Canada, Mexico)
Europe (UK, Germany, France, Russia, Italy, Rest of Europe)
Asia Pacific (China, India, Japan, Australia, Rest of APAC)
South / South & Central America (Brazil, Argentina, Rest of South/South & Central America)
Middle East & Africa (South Africa, Saudi Arabia, UAE, Rest of MEA)
Market Leaders and Key Company Profiles
Alfa Aesar
DowDuPont
Gelest, Inc.
Kashima Chemical Co., Ltd.
Olin Corporation
Osaka Soda
Rizho Lanxing Chemical Industry Co., Ltd.
SIELC Technologies
Solvay S.A.
Sumitomo Chemical Co., Ltd.
Other key companies
What all adds up to the credibility of this research?
A comprehensive summary of the contemporary Allyl Chloride market scenario
Precise estimations on market revenue forecasts and CAGR to rationalize resources
Regional coverage to uncover new markets for business
Rivalry analysis aims to help corporations at a modest edge
Facts-based crystal-clear insights for business success
The research can be customized as per business necessities
Access to PDF, and PPT formats of this research
About Us:
The Insight Partners is a one-stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We specialize in industries such as Semiconductor and Electronics, Aerospace and Defense, Automotive and Transportation, Biotechnology, Healthcare IT, Manufacturing and Construction, Medical Devices, Technology, Media and Telecommunications, Chemicals and Materials.
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Allyl Chloride Market Could Be $2,845.1 Million Market Opportunity by 2030
Allyl Chloride Market Overview - The allyl chloride market size is anticipated surpass USD 2,845.1 million by 2030 and record a CAGR 4.11% CAGR over 2021-2030. Allyl chloride, a pungent chemical smelling chemical. The use of the chemical as a base for producing epichlorohydrin, glycerin, and other derivatives is likely to boost the allyl chloride market growth till 2023. Allyl chloride has found its applications in chemical industries, the pharmaceutical field, and many other industries. Allyl Chloride structure is simple as it is a carbon compound that is used as an important chemical intermediate in many industries. It is used in the preparation of polymers, resins, and other plastic materials. It also shows its application in chemical industries including the manufacturing of pesticides, adhesives, etc. Due to the many applications of this chemical compound, it has set a good place in the chemical market. Also, Allyl Chloride Market is reporting its growth at a very good rate.
Obtain Brochure For Latest Technology Advancements @ https://www.marketresearchfuture.com/sample_request/7248 Allyl Chloride Market - Eminent Firms: Rizho Lanxing Chemical Industry Co.Ltd., Sumitomo Chemical Co.Ltd., Olin Corporation, Solvay, Kashima Chemical Co.Ltd., Gelest Inc., Osaka Soda, Alfa Aesar, DowDuPont, among others. Market Insights:-
The increasing use of allyl chloride derivatives across numerous end-use industries is expected to fuel the market growth. This is exemplified by the demand for epoxy resins, derived with the help of allyl chloride, in building & construction and aerospace & defense industries. In addition, the need for quaternary ammonium salts for wastewater management is another driver of the allyl chloride market. For instance, food & beverage manufacturers are investing in water management projects owing to demand for freshwater.
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. Furthermore, according to the study, COVID-19 has wreaked havoc on the Allyl Chloride Market by obtaining more customer demands. More main drivers are being employed in the humid acid sector in order to help reaching all of the countries' geographical regions. Owing to the involvement of multiple players in the sector, the competition between companies in the market is expected to be moderate. Competition is awaited in terms of pricing and the availability of innovative and successful production methods.
On the flip side, it is found that Allyl Chlorides are relatively expensive and have a high raw material cost, which could be a factor behind a hamper to the market growth for some years. The lack of awareness and difficulties in fabrication methods, such as soldering and welding of Allyl Chlorides, are also anticipated to restrain the market growth in the foreseen years. Access Complete Report @ https://www.marketresearchfuture.com/reports/allyl-chloride-market-7248 Segment Study of Allyl Chloride Market :- The allyl chloride market is divided on the basis of different applications of the compound.
Allyl chloride finds extensive applications in epichlorohydrin, water treatment chemicals, allyl amines, allyl sulfonates, glycidyl ether, and others. Epichlorohydrin accounted for a major proportion of the 2017 allyl chloride market share and was valued at nearly USD 1,974.1 million. The leading factor that contributed to this growth is the use of epichlorohydrin in the formation of epoxy resins which find ample demand from various industries including aerospace and defense, building & construction, electrical and electronics and automotive. Estimates argue that the segment can amass nearly USD 2,503.7 million by 2023 due to the expansion of the industries that use epoxy resins.
Since sustainability and environmental conservation are become the two overriding themes that are expected to shape the future almost every industry in the coming years, water treatment has become a compulsory feature in industries that produce waste water. Allyl chloride finds extensive application in water treatment chemicals and therefore this segment accounted for the second-biggest share in the allyl chloride market in 2017 and anticipated to record a 4.33% CAGR over the forecast period to amass approximately USD 104.8 million by 2023. Freshwater reserves are shrinking, a factor that has created a vast growth scope for allyl chloride market due to the fact the compound can be very effectively used in quaternary ammonium salts production. Significantly, quaternary ammonium salts are vital water management component.
Buy Now @ https://www.marketresearchfuture.com/checkout?currency=one_user-USD&report_id=7248 Allyl Chloride Market Market - Geographical Analysis :- Geographic segmentation of the allyl chloride market includes North America, Latin America, Europe, Asia Pacific and the Middle East & Africa (MEA).
Expansive industrialization in APAC region will have significant impact on the allyl chloride market as is evident from the 2017 estimation that the region accounted for 51% market share. Industrialization in countries like Singapore, Indonesia, and Thailand will be contributing to the growth. Exponential growth in population in developing economies located in the region coupled with increased investment in desalination and water treatment are anticipated to boost the APAC allyl chloride market valuation to USD 1,526 million by 2023.
The Europe allyl chloride market size was estimated to be USD 464.5 million in 2017. Considering that the region has a robust presence of aerospace and automotive industries, nearly 449.1 Kilotons of allyl chloride are expected to be in demand by 2023. Therefore, the market valuation is predicted to surpass USD 555.1 million by 2023, registering a CAGR of 3.11% over the forecast period.
North America will witness similar trends to that of Europe and market valuation is projected to surpass USD 493.9 million by 2023 in the region with a CAGR of 3.35% over the forecast period. The region will demand almost the same value of allyl chloride by 2023 amounting to almost 407 Kilotons.
Industry News:
November 2021: Manufacturers of specialty chemicals, such as Galaxy Surfactants, the market leader in alkyl polyglucoside surfactants, continue to benefit from robust demand, but supply chain constraints are limiting the advantages. The September quarter performance reflected the same. However, the company's total revenues increased by 22% year on year in the September quarter, supported by improved realisations. Galaxy's stock prices increased by more than 3% in early trading. Volumes in all areas were modest, including surfactants and specialist care products. The supply chain for critical raw materials presented issues, and increased input costs had an adverse effect on operating performance. Supply-side restrictions were exacerbated by volatility in feedstock costs, unavailability of important feedstocks, and extended lead times. Sicomin, formulator and supplier of epoxy resin systems and high-performance composite solutions has announced the qualification of its epoxy infusion resins and adhesive products for the series production of Candela’s new all-electric foiling boat. Read more reports at: https://www.marketresearchfuture.com/categories/chemicals-market-report Read more details at: https://www.marketresearchfuture.com/infographics Read more details at: https://www.marketresearchfuture.com/videos About Market Research Future:- At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services. MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions. Contact Us: Wantstats Research and Media Private Limited 99 Hudson Street,5Th Floor New York, New York 10013 United States of America Maharashtra, India
#Allyl Chloride Market#Allyl Chloride Market industry#Allyl Chloride Market trends#market research#Allyl Chloride Market analysis
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Allyl Chloride Market Size, Share, Trends, Core Needle Biopsy Devices Market Growth, Analysis and Forecast by 2023
“Market Research Future Published a New Cooked Research Report on Allyl Chloride Market Research Report – Forecast Till 2023”
Market Overview
The growth in demand for organochlorides derived from propylene is expected to favor the allyl chloride market. Reports that appraise the chemicals and materials industry have been presented by Market Research Future, which creates reports on industry verticals that assess the market development and prospects. The Allyl Chloride Market is projected to attain revenue levels touching USD 2,845.1 million by 2023. The market is forecasted to gain a CAGR of 4.11% by the summation of the forecast period.
We can provide sample pages for a better understanding of this report. Request Sample of This Report @ https://www.marketresearchfuture.com/sample_request/7248
The market is developing at an escalated pace due to use in a broad range of applications. The increased demand for the pharmaceutical industry is expected to promote the growth of the allyl chloride market. The demand for generic migraine medicines motivates the growth of the allyl chloride market. The escalated demand being observed by construction, electrical & electronics, marine, aerospace, and automotive. Use of allyl chloride in distributing freshwater to residential and commercial units is expected to boost the development of the market. Moreover, the demand for epoxy resins is also expected to encourage the market for allyl chloride in the coming period.
Segmental Analysis
The segmentation of the Allyl Chloride Market is carried out on the basis of application and region. On the basis of application, the allyl chloride market is segmented into allyl amines, water treatment chemicals, allyl sulfonates, epichlorohydrin, glycidyl ether, and others. On the basis of region, the allyl chloride market is segmented into Europe, APAC, Latin America, North America, and the Middle East & Africa.
Competitive Analysis
Rizho Lanxing Chemical Industry Co.Ltd.
Sumitomo Chemical Co.Ltd.
Olin Corporation
Solvay
Kashima Chemical Co.Ltd.
Gelest Inc.
Osaka Soda
Alfa Aesar
DowDuPont
Browse key industry insights spread across 108 pages with 92 market data tables and 20 figures & charts from the report, “Allyl Chloride Market Research Report: By Application (Epichlorohydrin, Allyl Amines, Allyl Sulfonates, Glycidyl Ether, Water Treatment Chemicals, Others), and Region – Global Forecast Till 2023” in detail along with the table of contents: https://www.marketresearchfuture.com/reports/allyl-chloride-market-7248
The enhancement of the distribution channels is projected to motivate market growth relatively. The conducive nature of the monetary and fiscal policies is likely to lead to solid growth in the market. Moreover, the rise in International transactions is anticipated to bolster the expansion of the market considerably. The positive effect exerted by governments in the development of the market is expected to guide the market towards sound progress in the coming years. The disequilibrium noticed in the forces that are backing the growth of the market is expected to lead to a relatively slow pace of the growth. The global economies are reacting to the market forces by implementing favorable policies and cutbacks so as prevent a slowdown in the progress of the market. The changes in the income levels globally are contributing to the growth of the market. The rise in individual discretionary spending is anticipated to lead to the progress of the market.
Detailed Regional Analysis
The regional analysis of the allyl chloride market consists of regions such as Europe, APAC, Latin America, North America, and the Middle East & Africa. According to the analysis, the APAC region is projected to direct the allyl chloride market in the forecast period owing to the prevalence of significant producers of epichlorohydrin in China. The demand for the derivative across end-user industries amongst the rapid industrialization and urbanization is anticipated to enhance the regional growth. China and Japan are the principal manufacturers of the chemical and can add tremendously to the regional market. The Europe allyl chloride market is anticipated to observe a rise in growth due to the speedy development of plastics, polymers, and other chemicals. The strict policies concerning the manufacturing of the chemicals can pose a threat to the market. Conversely, the North American region is projected to accrue a momentous demand thanks to the increased requirement of chemical intermediates.
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Polyurea Coating Market Market: Complete Analytical Report for 2021 with leading key players – Tessenderlo Group, Ching Shiang Chemical Corporation, Compass Minerals
Future Market Insights offers vital insights concerning to the global polyurea coatings market, and delivers exclusive information through structured market research. The report titled, ‘Polyurea Coatings Market: Global Industry Analysis 2014–2018 and Opportunity Assessment 2019–2029′,estimates the market and forecasts the forthcoming market scenario on the basis of type, isocynate type, application, and region. The global polyurea coatings market was valued nearly US$ 600 Mn in terms of value at the end of 2018, and is expected to surpass US$ 1,500 Mn by the end of the forecast period, registering a CAGR of over 9.0%.
The global polyurea coatings market is segmented on the basis its type into pure polyurea and hybrid polyurea. On the basis of type, the hybrid polyurea segment is a prominent segment in the global polyurea coatings market, as it has a lower price range and also various application areas. However, the pure polyurea coatings segment is projected to witness healthy growth during the forecast period. Rising environmental concerns towards the risks associated with VOC content coatings, and shifting trend towards the adoption of advanced as well as eco-friendly coating technologies to drive the demand for polyurea coatings.
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Rapid Industrial Growth to Propel the Polyurea Coatings Market
Polyurea coatings are primarily used for waterproofing and corrosion-protection purposes. Polyurea coatings are used for the waterproofing of roofs, walls, and floors in the building & construction industry. Polyurea coatings are also used as bridge coatings for corrosion protection as well as waterproofing. Therefore, the growing building and construction industry and increasing infrastructural development, especially in developing nations, are expected to drive the growth of the polyurea coatings market.
Polyurea coatings are used as pipeline coatings, tank coatings, and also for coating machinery & equipment in various industries such as chemicals, oil & gas, mining, water supply & treatment, etc. Hence, rapid industrialization across the globe will positively influence the polyurea coatings market. Increasing environmental awareness pertaining to VOC emissions will act as prime driving factor for the polyurea coatings market. Growing automotive production will elevate the demand for polyurea coatings, as they are used as anti-scratch and anti-corrosive coatings. Growing urban population, rising GDP growth of developing countries, and increased consumer spending are expected to indirectly drive the growth of the polyurea coatings market.
Polyurea coatings cure quickly and are highly reactive. The application of polyurea coatings on wet surfaces may cause poor adhesion on the surface. Thus, the surface requires adequate amount of drying time before the application of a polyurea coating. Moreover, the cost of application of polyurea coatings is much higher, owing to the cost of the spraying equipment. The handling of such equipment requires skilled labourers and technicians. The aforementioned factors might hamper the growth of the polyurea coatings market.
South Asia’s Market for Polyurea Coatings to Witness Lucrative Growth Prospects
From a regional perspective, Europe and North America are prominent markets for polyurea coatings, due to the increasing demand for advanced and eco-friendly coatings because of stringent environmental regulations pertaining to VOC emissions. Increasing government initiatives for the adoption of advanced coating technologies due to rising environmental awareness in regions such as East Asia and South Asia are expected to drive the demand for polyurea coatings in South Asia and East Asia. South Asia is estimated to grow at a CAGR of over 11%.
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During the latter half of the forecast period, East Asia is expected to surpass Europe in terms of market value. Also, regions such as Latin America are anticipated to witness substantial growth during the forecast period, due to the growth in building & construction activities and automotive production. Also, the markets in regions such Oceania and the Middle East & Africa are expected to experience healthy growth during the forecast period.
Polyurea Coatings Market: Competition Landscape
Some of the players stated in the study of the global polyurea coatings market are BASF SE, Huntsman Corporation, Teknos Groups, DowDuPont Inc., Versaflex Incorporated, Sherwin Williams Company, Pidilite Industries Ltd., Covestro AG, PPG Industry Inc., and Rhino Linings Corporation, among others.
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Allyl Chloride Market - Size, Industry Analysis Report, Regional Outlook, Application Development Potential, Price Trends, Competitive Market Share & Forecast, 2021 – 2027
Segmentation:
The allyl chloride market is segmented by application.
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.
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.
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Regional Analysis:
Region-wise, the allyl chloride market includes North America, Europe, Latin America, Asia Pacific (APAC), and the Middle East & Africa (MEA).
The APAC region accounted for 51% share in the allyl chloride market in 2017 thanks to the robust pace of industrialization in Singapore, Indonesia, and Thailand. The booming population in these developing economies coupled with increased budget in water treatment and desalination is predicted to boost the regional allyl chloride market valuation to USD 1,526 million by 2023. Meanwhile, the APAC region can accrue a market volume of 1,317.5 kilotons (KT) by the end of the forecast period.
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.
Competitive 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.), and others. 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.
Overview:
The global allyl chloride market is expected to rise and touch a valuation of USD 2,845.1 million by 2023, at a 4.11% CAGR during the forecast period (2018-2023). Market Research Future (MRFR) in their astutely detailed report has highlighted drivers and opportunities affecting the market. Allyl chloride is a chemical with a pungent odor obtained via chlorination of propylene. The use of the chemical as a base for producing epichlorohydrin, glycerin, and other derivatives is likely to boost the allyl chloride market growth till 2023.
The increasing use of allyl chloride derivatives across numerous end-use industries is expected to fuel the market growth. This is exemplified by the demand for epoxy resins, derived with the help of allyl chloride, in building & construction and aerospace & defense industries. In addition, the need for quaternary ammonium salts for wastewater management is another driver of the allyl chloride market. For instance, food & beverage manufacturers are investing in water management projects owing to demand for freshwater.
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.
NOTE: Our Team of Researchers are Studying Covid19 and its Impact on Various Industry Verticals and wherever required we will be considering Covid19 Footprints for Better Analysis of Market and Industries. Cordially get in Touch for More Details.
#Allyl Chloride Market#Allyl Chloride Industry#Allyl Chloride Market Size#Allyl Chloride Market Report
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Polymerization Catalysts Market Overview: 2020-2027
ThePolymerization Catalysts Market was valued at US$ xx Mn in 2019 is expected to reach US$ xx Mn by the end of 2027 at a CAGR of 4.7% from 2019 to 2027.
The report includes an analysis of the impact of COVID-19 lockdown on the revenue of market leaders, followers, and disruptors. Since the lockdown was implemented differently in various regions and countries; the impact of the same is also seen differently by regions and segments. The report has covered the current short-term and long-term impact on the market, and it would help the decision-makers to prepare the outline and strategies for companies by region.
Global Polymerization Catalysts Market:
Traditionally, polymerization of a-olefins was done by radical polymerization. The problem with the technique was the formation of undesired allylic radicals leading to the branched polymers. For example, radical polymerization of propene gave branched polymers with large molecular weight distribution. Also, radical polymerization had no control over stereochemistry. The ZN catalyst overcomes these problems. The catalyst can give linear a-olefin polymers with high and controllable molecular weights. In addition, it makes the fabrication of polymers with specific tacticity possible. By controlling the stereochemistry of products, either syndiotactic or isotactic polymers can be achieved.
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They catalyze a-olefins to produce various commercial polymers, like polyethylene, polypropylene, and Polybutene-1. Polyethylene and polypropylene are reported to be the top two widely used synthetic plastics globally. Among the polyethylene fabricated by ZN catalysts, there are three major classes which include high-density polyethylene (HDPE), linear low-density polyethylene (LLDPE), and ultra-high molecular weight polyethylene (UHMWPE).
HDPE, a linear homopolymer, is widely applied in garbage containers, detergent bottles, and water pipes because of its high tensile strength. Compared with HDPE, whose branching degree is quite low, LLDPE has many short branches. Its better toughness, flexibility, and stress-cracking resistance make it suitable for materials like cable coverings, bubble wrap.
UHMWPE is polyethylene with a molecular weight between 3.5 and 7.5 million. This material is extremely tough and chemically resistant. Therefore, it is often used to make gears and artificial joints. Increasing production of polymer resin is the primary factor that is driving the market growth.
ZN catalysts are effective for polymerization of a-Olefins (ethylene, propylene) and some dienes (butadiene, isoprene). However, they don’t work for some other monomers, such as 1.2 disubstituted double bonds. Vinyl chloride cannot be polymerized by ZN catalyst either because free radical vinyl polymerization is initiated during the reaction. Another situation where ZN catalysts don’t work is when the substrate is an acrylate. The reason is, ZN catalysts often initiate anionic vinyl polymerization in those monomers.
The report has profiled ten-key players in the market from different regions. However, the report has considered all market leaders, followers, and new entrants with investors while analyzing the market and estimation the size of the same. The manufacturing environment in each region is different and focus is given on the regional impact on the cost of manufacturing, supply chain, availability of raw materials, labor cost, availability of advanced technology, trusted vendors are analysis and report has come up with recommendations for a future hot spot in the Asia Pacific region. Major countries' policies about manufacturing and their impact on Polymerization Catalysts' demands are covered in the report.
Global Polymerization Catalysts Market Segment Analysis:
The polyethylene segment is expected to grow at a CAGR of xx % during the forecast period
By Applications, in 2019, the global polyethylene segment was xx % and is estimated to reach USD $ XX Mn by 2027. The polyethylene segment is dominating as they are lightweight and durable thermoplastic. Continuous demand for polyethylene from the electrical, packaging, automotive industry is also a major factor. It is used in applications ranging from tubes, laminates, films, and plastic parts.
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The polypropylene segment is the second-largest segment which is expected to grow at a CAGR of xx % during the forecast period. The major end-users of polypropylene are the packaging industry, which consumes about 30% of the total, followed by electrical and equipment manufacturing, which uses about 13% each. Household appliances and automotive industries both consume 10% each and construction materials follow with 5% of the market. Other applications together make up the rest of the global polypropylene consumption.
Global Polymerization Catalysts Market Regional Insights:
Asia Pacific is expected to grow at a CAGR of xx % during the forecast period and is expected to reach xx % market share by 2027
In the Asia Pacific, the market growth is fuelled by the increasing demand from the petrol chemical industry. In China and India, the growth in the polymer, refining, chemical industry, and urbanization is likely to drive the polymerization catalyst market. In the Middle East and Africa, increasing production of the oil & gas industry and increasing investment by large-scale producers of oil & gas for building new refining petroleum are expected to drive the market.
The objective of the report is to present a comprehensive analysis of the global Polymerization Catalysts market including all the stakeholders of the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers.
The report also helps in understanding the global Polymerization Catalysts market dynamics, structure by analyzing the market segments and project global Polymerization Catalysts market clear representation of competitive analysis of key players by price, financial position, by detection and equipment portfolio, growth strategies, and regional presence in the global Polymerization Catalysts market make the report investor’s guide.
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Epichlorohydrin is a highly reactive, organochlorine compound which is produced by the chlorohydrination process of allyl chloride compound. It is mainly used in the production of epoxy resins present in coatings, adhesives, and plastic products. It is also present as an ingredient in some of the pesticides.
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Allyl Chloride Market - Analysis, Size, Share, Trends, Key Players, Growth Application and Opportunity Forecast 2023
Overview:
Global Allyl Chloride Market is expected to rise and touch a valuation of USD 2,845.1 million by 2023, at a 4.11% CAGR during the forecast period (2018-2023). Market Research Future (MRFR) in their astutely detailed report has highlighted drivers and opportunities affecting the market. Allyl Chloride is a chemical with a pungent odor obtained via chlorination of propylene. The use of the chemical as a base for producing epichlorohydrin, glycerin, and other derivatives is likely to boost the Allyl Chloride Market Growth till 2023.
The increasing use of Allyl Chloride derivatives across numerous end-use industries is expected to fuel the market growth. This is exemplified by the demand for epoxy resins, derived with the help of allyl chloride, in building & construction and aerospace & defense industries. In addition, the need for quaternary ammonium salts for wastewater management is another driver of the allyl chloride market. For instance, food & beverage manufacturers are investing in water management projects owing to demand for freshwater.
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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Competitive 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.), and others. 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.
Segmentation:
The Allyl Chloride Market is segmented by Application.
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.
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.
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Regional Analysis:
Region-wise, the Allyl Chloride Market includes North America, Europe, Latin America, Asia Pacific (APAC), and the Middle East & Africa (MEA).
The APAC region accounted for 51% share in the Allyl Chloride Market in 2017 thanks to the robust pace of industrialization in Singapore, Indonesia, and Thailand. The booming population in these developing economies coupled with increased budget in water treatment and desalination is predicted to boost the regional Allyl Chloride Market valuation to USD 1,526 million by 2023. Meanwhile, the APAC region can accrue a market volume of 1,317.5 kilotons (KT) by the end of the forecast period.
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.
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Tetrahydrofuran Market Types and Application by regions from 2020 to 2027
According to the latest review of Reports and Data, the global demand for Tetrahydrofuran was estimated at USD 3.2 trillion in 2019 and is forecast to hit USD 5.45 trillion by 2027, at a CAGR of 6.8 percent. Tetrahydrofuran is a colourless, reactive substance which is also water-miscible. Tetrahydrofuran is an excellently stable compound with a moderately low boiling point and first-rate solvency. THF is typically used for the degradation of several compounds as well as feedstocks in the synthesis of polytetramethylene ether glycol (PTMEG). The derivative of saturated furan is tetrahydrofuran. Tetrahydrofuran is an ideal solvent at atmospheric temperatures for higher molecular compounds, such as polyvinyl chloride and other copolymers. In combination with methyl-ethyl-ketone, tetrahydrofuran helps increase the solvency of multiple polymer compounds.
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The tetrahydrofuran market is increasing as the compound has a wide range of uses including PVC top coatings in the automotive industry and polyurethane coatings for cloth finishes. The chosen ink solvent which is used for PVC film printing is tetrahydrofuran. In addition, tetrahydrofuran use has proliferated in consumer segments, such as PVC welding components and other leather-related adhesive applications and polymer compositions. The tetrahydrofuran industry finds major opportunities for use in the chemical industries. In certain chemical compounds which are inorganic, THF solvency consistency is used. The components and solutions of tetrahydrofuran are also used as reagents, catalysts and for polymerization. The pharmaceutical industry still routinely uses oxolane or tetrahydrofuran for solvent cleansing used in chemical production and processing machinery.
Tetrahydrofuran is commonly used in the production of polyurethane resins and is widely adopted for its lightweight properties in the aerospace, manufacturing and electronic industries. The development of the market for tetrahydrofuran is expected to fuel this. Strict environmental regulations on fossil fuel burning to control toxic gas emissions can impede business development. Under the Hazardous Material Control Act, numerous changes have been introduced to encourage environmental discourse by using the environmentally friendly product production approach of the tetrahydrofuran industry.
Over the projected period, the Asia Pacific tetrahydrofuran market is expected to have a CAGR of 7 percent, led by North America and Europe, with a CAGR of 6.9 percent and 6.7 percent. The key driver for accelerated demand growth in all regions during the forecast timeframe is the widespread use of THF across industries. The Asia Pacific region is expected to possess 50.6 percent of global oxolane production. The rise in solvent applications in countries such as India, China, Australia and Korea will also add to this increase in the industry's revenue growth.
North America's tetrahydrofuran market, led by end-use industries, is predicted to see considerable growth over the forecast timeline in the U.S., Canada and Mexico. The production of numerous processing aids and solvents in the petroleum industry is likely to spur the industry's growth. The European market for oxolane, led by the United Kingdom, France, Italy and Germany, is expected to rise as a result of growing demand for ready-to-eat food and take-away food.
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Tetrahydrofuran Market: Key Players
BASF SE
Dairen Chemical Corporation
INVISTA
Mitsubishi Chemical Holdings Corporation
LyondellBasell Industries N.V.
Saudi International Petrochemical Company
Penn A Kem LLC
Ashland Global Specialty Chemicals Inc.
Nova Molecular Technologies
BioAmber Inc.
Tetrahydrofuran Market: Segmentation
For a better understanding of the study, Reports and Data has segmented the Tetrahydrofuran market based on Type, Application, End-use, and Region:
Process Type (Revenue in USD Million; Volume in Tons, 2017–2027)
Acetylene-based Process
Butadiene-based Process
Maleic Anhydride-based Process
Propylene-Based Process via Allyl Alcohol
Propylene Oxide-based Process
Application (Revenue in USD Million; Volume in Tons, 2017–2027)
Polytetramethylene ether glycol (PTMEG)
Solvent applications
Other Applications
End-Use (Revenue in USD Million; Volume in Tons, 2017–2027)
Polymer
PVC
Pharmaceutical
Sealants & Adhesives
Others
Regional Outlook (Revenue in USD Million; Volume in Tons, 2017–2027)
North America
Europe
Asia Pacific
Middle East & Africa
Latin America
U.S.
Canada
Germany
France
UK
Spain
Italy
Rest of Europe
China
India
Japan
Rest of Asia-Pacific
Brazil
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#Tetrahydrofuran Market#Tetrahydrofuran Market Trends#Tetrahydrofuran Market Size#Tetrahydrofuran Market Growth
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Allyl Chloride Market Size, Share Report, Trends, Industry Growth to Reach by USD 2,845.1 Mn, at a 4.11% CAGR Worth Value Estimated is Global Analysis and Region Forecast to 2023 | MRFR – Herald Keeper
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Ruthenium Catalyst Market - Global Industry Insights, Trends, Outlook, and Opportunity Analysis, 2018-2026
Ruthenium containing catalysts can act as homogenous or heterogeneous catalyst in organic reactions such as olefin metathesis. Few examples of commercially available ruthenium catalysts includes benzeneruthenium (II) chloride dimer, ruthenium (III) iodide hydrate, ruthenium (IV) oxide, triruthenium dodecacarbonyl, and chlorotris (triphenylphosphine) ruthenium(II) acetate among others. It is used in different organic reactions such as alkylation, arylation, allylation, cyclopropanation, hydroformylation, cyclization, hydrogenation, hydrosilylation, isomerization, hydroxylation, oxidation, olefin metathesis, tandem reactions, transfer hydrogenation, and water splitting. Ruthenium catalysts is utilized in the production of biologically active compounds such as Swainsonine, Castanospermine, and Epothilone C. It is used in the synthesis of chemotherapeutic agents, smart materials, supramolecular assemblies, biopolymer, specialty polymers, and agrochemicals.
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Market Dynamics
Rise in applications of ruthenium catalyst in petrochemical, pharmaceutical, and chemical industries is augmenting growth of the global ruthenium catalyst market. According to the International Federation of Pharmaceutical Manufacturers & Associations, global pharmaceutical industry is expected to reach US$ 1,430 billion by 2020. This growth in the pharmaceutical industry is driving growth of the global ruthenium catalyst market, owing to applications of ruthenium catalyst in synthesis of active pharmaceutical ingredients such as macrocyclic peptides. Growing demand for chemicals is further propelling growth of the global ruthenium catalyst market, as it is used in production of chemicals such as low temperature synthesis of ammonia and acetic acid production. According to the European Chemical Industry Council (CEFIC), a trade association for European chemical industry, global sales of chemicals was values at US$ 4,015.62 billion in 2015, which increased to US$ 4,031.22 billion in 2016. Demand for Grubbs catalyst, which consists of ruthenium catalyst, is increasing due to its advantages such as efficiency, cost effectiveness, user friendly, and broad array of applications such as bond breaking, formation, and rearrangement in chemical reaction. Grubbs catalyst is used in olefin metathesis, which is used for synthesis of pharmaceutically active ingredients, fine chemicals, and organic compounds such as spirocyclic amine, azapane and neohexene. This, in turn is driving growth of the global ruthenium catalyst market. Furthermore, development of new applications of ruthenium catalyst such as its use in catalytic wet oxidation process for waste water treatment is fuelling growth of the global ruthenium catalyst market.
Market Outlook
Asia Pacific ruthenium catalyst market is expected to exhibit high growth in the global market. This is owing to applications of ruthenium catalyst in olefin metathesis in various industries including chemical and pharmaceutical industry. According to the European Chemical Industry Council (CEFIC), sales of chemicals in China increased form US$ 1,532.25 billion in 2015 to US$ 1,593.3 billion in 2016. Growing chemical industry is driving growth of this market as ruthenium catalyst is used in synthesis of different organic compounds such as polydicyclopentadiene (pDCPD). Furthermore, ruthenium catalysts are used in the petrochemical industry for removing hydrogen sulfide from gaseous streams in the refining process. Growth in the petrochemical industry is contributing to growth of the ruthenium catalyst market in Asia Pacific. According to Department of Chemicals and Petrochemicals, Ministry of Chemicals and Fertilizers, Government of India, production of petrochemicals in India was around 31.16 million metric tons in 2012–2013, which increased to 36.42 million metric tons in 2016–2017.
North America held significant market share in the global ruthenium catalyst market in 2017. Ruthenium catalysts such as Grubbs catalyst is used in pharmaceutical research and development for synthesis of novel lead compounds, scaffolds, and pharmaceutical active ingredients. Also, it is used in various organic reactions involved in R&D such as oxidative dehydrogenation of alcohols, asymmetric epoxidation of alkenes, generation of dioxygen species, and dihydroxylation of olefins. According to the Pharmaceutical Research and Manufacturers Association (PhRMA), pharmaceutical research and development expenditure in the U.S. was around US$ 47.05 billion in 2015. Also, firms in the U.S. conduct more than half of the global pharmaceutical research and development thereby, driving growth of the ruthenium catalyst market in this region.
Ruthenium catalyst market in Europe is expected to exhibit growth, owing to significant demand from the chemical industry ion the region. Ruthenium is used as a catalyst in the production of unsaturated alcohols, which is further utilized as final ingredient or synthetic intermediate. It is also used for the catalysis of 1, 4-hydrogenation reactions of dienes, asymmetric hydrogenation reactions, ring-closing metathesis (RCM), cross-metathesis (CM), ring-opening metathesis polymerization (ROMP) and enyne metathesis. According to the European Chemical Industry Council (CEFIC), chemical industry in Europe Union ranks second with 15.1% market share in 2016. Furthermore, Germany was the largest chemical producing country in Europe, in 2016 along with third-largest sales of US$ 173.39 billion in 2016, in the world. Thus, broad array of applications of ruthenium catalyst in the chemical industry is driving growth of this market in Europe.
Key Players
Key players operating in the global ruthenium catalyst market are BASF S.E., Merck KGaA, Johnson Matthey Catalog Company, Inc., KaiDa Technology Limited, Strem Chemicals, Inc., Vineeth Precious Catalysts Pvt. Ltd., Heraeus Holding GMBH, American Elements Corp., Apeiron Synthesis S.A., and Loba Chemie Pvt. Ltd.
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Glycidol Market : Segments, Leading Player, Application & Forecast Analysis by 2025
Glycidol, an epoxy compound, can be obtained through chlorine-free methods and also through methods including chlorine. Chloride methods produce a large volume of waste. Disposal of this waste in the environment can be hazardous. Chlorine-free methods generally employ allyl alcohol, an organic raw material. Oxidizers used in the method include organic hydro peroxides, peracids, or hydrogen peroxide. Usage of these raw materials results in the production of large amount of by-products. Glycidol, also known as 2,3 -epoxy-1-propanol, is an odorless and colorless liquid with molar mass of 74 g/mol. It is a simple chemical compound that comprises an epoxy group in the particle along with a hydroxyl group placed in the α position considering the epoxy group. Glycidol is commercially manufactured through two methods. The first method includes epoxidation of allyl alcohol with hydrogen peroxide and a vanadium catalyst or tungsten catalyst. The second method comprises a reaction of epichlorohydrin with caustic alkali.
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Glycidol Market: Drivers and Restraints
Glycidol is used in numerous end-use industries such as plastics and paints. Growth in end-use industries is expected to drive the glycidol market during the forecast period. However, glycidol is a genotoxic as well as carcinogenic compound. This, it can damage DNA and may ultimately cause cancer over the course of time. These factors are anticipated to hamper the global glycidol market during the next few years.
Glycidol Market: Segmentation
Based on grade, the glycidol market can be segmented into:
Glycidol below 95%
Glycidol 96%
Glycidol 97%
Glycidol more than 97%
Glycidol with purity ranging from 95% to 97% is used in various applications such as production of surface active compounds, additives in plastics, and paints. However, glycidol with purity of more than 97% is generally employed in niche applications such as pharmaceutical and R&D.
Glycidol Market: Segmentation
Based on application, the glycidol market can be divided into:
Production of surface-active compounds
Additives in plastics
Paints
Photographic chemicals
Pharmaceuticals
Biocides
Glycidol occurs in various stereo isomeric forms, the laevorotatory and dextrorotatory enantiomers. It is an active alkylating agent. Glycidol is used in the synthesis of several glyceryl and glycidol derivatives. Derivatives are employed as additives in paints, plastics, and photographic chemicals. They are also used the in production of surface-active compounds. Additionally, glycidol is employed as an additive in synthetic hydraulic fluids and solvent in some epoxy resins.
Glycidol Market: Region-wise Outlook
In terms of geography, the global glycidol market can be classified into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Asia Pacific, especially China, accounts for major share of the global glycidol market. The market in the region is anticipated to experience high growth due to the expansion in paints and plastic industries. China is one of the leading markets for paints, plastics, etc. North America also holds large share of the glycidol market in 2016. However, Asia Pacific dominated the market in 2016. This trend is expected to continue during the forecast period. The glycidol market in North America and Europe is expected to be hampered due to the implementation of stringent government norms, as the product is carcinogenic and adversely affects the environment.
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Glycidol Market: Key Market Players
Key players operating in the glycidol market are:
HBCChem, Inc.
Acros Organics
Meryer (Shanghai) Chemical Technology Co., Ltd.
Wako
Nacalai Tesque Inc.
KANTO CHEMICAL CO. INC.
LGC Group
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Allyl Chloride Market Size, Trends and Opportunities 2020 - 2024
“Market Research Future Published a New Cooked Research Report on Allyl Chloride Market Research Report – Forecast Till 2023”
Market Insights
The growth in demand for organochlorides derived from propylene is expected to favor the Allyl Chloride. Reports that appraise the chemicals and materials industry have been presented by Market Research Future, which creates reports on industry verticals that assess the market development and prospects. The Allyl Chloride Market is projected to attain revenue levels touching USD 2,845.1 million by 2023. The market is forecasted to gain a CAGR of 4.11% by the summation of the forecast period.
The market is developing at an escalated pace due to use in a broad range of applications. The increased demand for the pharmaceutical industry is expected to promote the growth of the allyl chloride market. The demand for generic migraine medicines motivates the growth of the allyl chloride market. The escalated demand being observed by construction, electrical & electronics, marine, aerospace, and automotive. Use of Allyl Chloride Market Size in distributing freshwater to residential and commercial units is expected to boost the development of the market. Moreover, the demand for epoxy resins is also expected to encourage the market for allyl chloride in the coming period.
Competitive Analysis
Rizho Lanxing Chemical Industry Co.Ltd.
Sumitomo Chemical Co.Ltd.
Olin Corporation
Solvay
Kashima Chemical Co.Ltd.
Gelest Inc.
Osaka Soda
Alfa Aesar
DowDuPont
Segmental Analysis
The segmentation of the Allyl Chloride Market is carried out based on application and region. Based on application, the allyl chloride market is segmented into allyl amines, water treatment chemicals, allyl sulfonates, epichlorohydrin, glycidyl ether, and others. Based on region, the allyl chloride market is segmented into Europe, APAC, Latin America, North America, and the Middle East & Africa.
The enhancement of the distribution channels is projected to motivate market growth relatively. The conducive nature of the monetary and fiscal policies is likely to lead to solid growth in the market. Moreover, the rise in International transactions is anticipated to bolster the expansion of the market considerably. The positive effect exerted by governments in the development of the market is expected to guide the market towards sound progress in the coming years. The disequilibrium noticed in the forces that are backing the growth of the market is expected to lead to a relatively slow pace of the growth. The global economies are reacting to the market forces by implementing favorable policies and cutbacks so as prevent a slowdown in the progress of the market. The changes in the income levels globally are contributing to the growth of the market. The rise in individual discretionary spending is anticipated to lead to the progress of the market.
Detailed Regional Analysis
The regional analysis of the allyl chloride market consists of regions such as Europe, APAC, Latin America, North America, and the Middle East & Africa. According to the analysis, the APAC region is projected to direct the allyl chloride market in the forecast period owing to the prevalence of significant producers of epichlorohydrin in China. The demand for the derivative across end-user industries amongst the rapid industrialization and urbanization is anticipated to enhance the regional growth. China and Japan are the principal manufacturers of the chemical and can add tremendously to the regional market. The Europe allyl chloride market is anticipated to observe a rise in growth due to the speedy development of plastics, polymers, and other chemicals. The strict policies concerning the manufacturing of the chemicals can pose a threat to the market. Conversely, the North American region is projected to accrue a momentous demand thanks to the increased requirement of chemical intermediates.
Browse key industry insights spread across 108 pages with 92 market data tables and 20 figures & charts from the report, “Allyl Chloride Market Research Report: By Application (Epichlorohydrin, Allyl Amines, Allyl Sulfonates, Glycidyl Ether, Water Treatment Chemicals, Others), and Region – Global Forecast Till 2023” in detail along with the table of contents: https://www.marketresearchfuture.com/reports/allyl-chloride-market-7248
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Epichlorohydrin Market to observe high growth by 2023
Market Research Future Published a Research Study on Epichlorohydrin Market Research Report, Size, Share and Industry Analysis - Forecast to 2023
Epichlorohydrin Market- Analysis
The Global Epichlorohydrin Market is predicted to grow at a 5% CAGR over the forecast period (2016-2023), states the latest Market Research Future (MRFR) report. Epichlorohydrin is a colorless, bitter smelling toxic epoxide volatile liquid. It is manufactured using water, chlorine, and allyl chloride by passing this through different separation columns and reactors. It has an odor similar to chloroform, is highly reactive and used to produce elastomers, epoxy resins and glues, plastics, and glycerol.
Epichlorohydrin when comes in contact with water hydrolyzes to 3-MCPD, which is a carcinogen present in food. The value chain varies from petro or bio-based products all the way up to end-use applications, including pharmaceuticals, water treatment chemicals, synthetic glycerin, and epoxy resins. It is used in different manufacturing applications owing to their high resistance to chemicals and moisture and the structural rigidity it offers with regards to supporting weight as well as balancing the entire structure devoid of making any compromise on the low weight needs of contemporary design principles.
Various factors are propelling the epichlorohydrin market growth. Some of these factors, according to the Market Research Future report, include growing demand for epoxy resins from different end-use industries including renewable energy equipment, automotive, and building and construction, and an increasing number of epoxy resin producers.
On the contrary, new technologically advanced techniques such as Epicerol method is substituting the traditional production process of epichlorohydrin that helps in eliminating the environmental restraints deterring the epichlorohydrin market growth over the forecast period. Moreover, regulatory restrictions on the usage of epichlorohydrin in proximity to human presence may also hamper the market growth. It is slight irritant when gets into contact with the skin and is also moderately toxic. Besides, it is carcinogenic. All these factors are likely to hamper the epichlorohydrin market growth over the forecast period.
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Key Players
Leading players profiled in the epichlorohydrin market report include Zachem S.A., Dow Chemical Company, Aditya Birla Chemicals, Formosa Plastics Corporation, NAMA Chemicals, Shandong Haili Chemical Industry Co. Ltd., Osaka Soda Co. Ltd., Sumitomo Chemical Co., Samsung Fine Chemicals Co. Ltd., and Solvay SA. Key players are adopting several strategies to create a niche in the market such as partnerships, product launches and innovations, research and development, expansions, and more.
August 2019: An epoxy resin containing phosphorus has been derived lately from sebacic acid, a renewable resource that has been specially formulated for applications that are flame-retardant.
Market Segmentation
The MRFR report offers a wide segmental analysis of the epichlorohydrin market on the basis of end use and application.
Based on application, the epichlorohydrin market is segmented into water treatment chemicals, synthetic glycerin, epoxy resins, and others. The others include adhesives, lubricants, oil emulsifiers, dyestuffs, plasticizers, ion exchange resins, water treatment resins, and elastomers. Of these, the epoxy resin segment will have the largest share in the market over the forecast period.
Based on end use, the epichlorohydrin market is segmented into construction, pharmaceutical, textiles, electronics, automotive, and others.
Browse Key Industry insights spread across 140 pages with 35 market data tables & 11 figures & charts from the Report, “Epichlorohydrin Market Information-by Application (Epoxy Resins, Synthetic Glycerin, Water Treatment Chemicals, and Others), by End User (Automotive, Electronics, Textiles, Pharmaceutical, Construction Industry, and Others) and by Region - Forecast till 2023 ” in detail along with the table of contents@ https://www.marketresearchfuture.com/reports/epichlorohydrin-market-2864
Regional Analysis
By region, the Epichlorohydrin Market report covers the latest trends and growth opportunities across Europe, the Asia Pacific, North America, Latin America, and the Middle East and Africa. Of these, the APAC region will command the market over the forecast period. This is owing to the growing need for epoxy resin, growing manufacturing sector, and increasing demand from the automotive and consumer electronics industry. China and Japan are the leading contributors in this region. Growing demand for synthetic glycerol is also adding to the market growth.
The epichlorohydrin market in North America is predicted to have the second-largest share in the market over the forecast period. This is owing to the growing demand for chemical products, capital infusion, capacity expansion, and rising oil exploration as well as refining activities. The US is the key contributor in this region. On the contrary, the introduction of stringent laws against the use of epichlorohydrin in Canada is likely to lower its demand.
The epichlorohydrin market in Europe is predicted to have a notable growth over the forecast period.
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Allyl Chloride Market - Research -Huge Growth Opportunity Market Size, Share, Countries Growing Popularity and Emerging Trends in the Market by 2027
Segmentation:
The allyl chloride market is segmented by application.
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.
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.
Access Report Details @ https://www.marketresearchfuture.com/reports/allyl-chloride-market-7248
Regional Analysis:
Region-wise, the allyl chloride market includes North America, Europe, Latin America, Asia Pacific (APAC), and the Middle East & Africa (MEA).
The APAC region accounted for 51% share in the allyl chloride market in 2017 thanks to the robust pace of industrialization in Singapore, Indonesia, and Thailand. The booming population in these developing economies coupled with increased budget in water treatment and desalination is predicted to boost the regional allyl chloride market valuation to USD 1,526 million by 2023. Meanwhile, the APAC region can accrue a market volume of 1,317.5 kilotons (KT) by the end of the forecast period.
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.
Competitive 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.), and others. 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.
Overview:
The global allyl chloride market is expected to rise and touch a valuation of USD 2,845.1 million by 2023, at a 4.11% CAGR during the forecast period (2018-2023). Market Research Future (MRFR) in their astutely detailed report has highlighted drivers and opportunities affecting the market. Allyl chloride is a chemical with a pungent odor obtained via chlorination of propylene. The use of the chemical as a base for producing epichlorohydrin, glycerin, and other derivatives is likely to boost the allyl chloride market growth till 2023.
The increasing use of allyl chloride derivatives across numerous end-use industries is expected to fuel the market growth. This is exemplified by the demand for epoxy resins, derived with the help of allyl chloride, in building & construction and aerospace & defense industries. In addition, the need for quaternary ammonium salts for wastewater management is another driver of the allyl chloride market. For instance, food & beverage manufacturers are investing in water management projects owing to demand for freshwater.
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#Allyl Chloride Industry#Allyl Chloride Market Size#Allyl Chloride Market Share
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