“The Allyl Chloride Market  study is a comprehensive report with in-depth qualitative and quantitative research evaluating the current scenario and analyzing the growth USD 1.71 billion and CAGR of 4.45% by segment Application and Geography during the forecast period 2022 to 2027” 

Furthermore, this report extensively covers the smart home appliances market segmentation by application (epichlorohydrin, chelating agents, allylic ether resins, allylic esters, others), and geography APAC, North America, Europe, South America, and MEA . The market report also offers information on several market vendors, including DuPont de Nemours Inc., INOVYN Europe Ltd., Kashima Chemical Co. Ltd., Mitsubishi Chemical Corp., Olin Corp., OSAKA SODA CO. Ltd., SIELC Technologies, Solvay SA, Sumitomo Chemical Co. Ltd., and Thermo Fisher Scientific Inc.

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Parent Market Analysis

Technavio categorizes the Allyl Chloride Market as a part of the Materials industry within the Chemicals industry. Our Technavio research report has extensively covered external factors influencing the parent market growth potential in the coming years, which will determine the levels of growth of the forecast year.  

Allyl Chloride Market: Key Drivers, Trends, and Challenges

Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic's impact on the smart room heater industry. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge. 

Key Allyl Chloride Market Driver

The increasing use of allyl chloride derivatives in several applications is one of the key factors driving the allyl chloride market growth. Allyl chloride is primarily used as a chemical intermediate in the production of several chemicals. Allyl chloride is insoluble in water but soluble in organic solvents. Moreover, it is also utilized as an alkylating agent during the manufacturing of several chemical compounds such as pharmaceutical and pesticide products. Furthermore, the rise in the growth of the plastic industry globally is further driving the demand for allyl chloride. Thus, the rising demand for this end-use application is, in turn, expected to foster the growth of the global allyl chloride market during the period. 

Key Allyl Chloride Market Challenge

The stringent environmental laws and regulations will be a major challenge for the allyl chloride market during the forecast period. There are many stringent government regulations to regulate the use of allyl chloride and end-product chemicals such as epichlorohydrin as it has harmful effects on humans and the environment. The harmful gases released during the manufacturing process of allyl chloride cause pollution. Propylene, which is used in the production of allyl chloride, can be very harmful to humans and biodiversity when it comes in contact with water. It can cause severe eye, skin, and respiratory irritation. It can also cause burns, blistering, and skin rash. Its effects on the central nervous system include excitement, headache, dizziness, incoordination, narcosis, drunkenness, vomiting, collapse, and coma. Its effects from swallowing include severe irritation and burns to the gastrointestinal tract, nausea, vomiting, diarrhoea, central nervous system depression, and difficulty in breathing. Governments of various countries have set standard emission regulations to control emissions from industries manufacturing and usage of allyl chloride. BPA replacing epichlorohydrin in industrial processes Fluctuations in raw material prices 

Allyl Chloride Market Value Chain Analysis

Our In-house experts produce extensive information on the value chain, and parent market of the allyl chloride market which vendors can leverage to gain a competitive advantage during the forecast period. The Value Chain information provides an end-end understanding of product insight and profit and also optimization and evaluation of business strategies The players across the value chain includes selective data and analysis from entire research findings as per the scope of the report.

Who are the Major Allyl Chloride Market Vendors?

DuPont de Nemours Inc. - The company offers allyl chloride such as Tychem 5000, Tychem 5000-C3360T TN, Tychem 5000-C3275T TN, Tychem 5000-C3128T TN, and many more. Through the Electronics and Imaging segment, the company offers materials and systems for a broad range of consumer electronics including mobile devices, television monitors, personal computers and electronics used in a variety of industries. Through the Nutrition and Biosciences segment, the company offers ingredients for dietary supplement, infant nutrition, sports nutrition, animal nutrition, detergents, biofuel production, food and beverage applications, and for producing pharmaceutical solutions.

The report  on Allyl Chloride Market analyzes the market’s competitive landscape and offers information on several market vendors, including: 

• DuPont de Nemours Inc.
• INOVYN Europe Ltd.
• Kashima Chemical Co. Ltd.
• Mitsubishi Chemical Corp.
• Olin Corp.
• OSAKA SODA CO. Ltd.
• SIELC Technologies
• Solvay SA
• Sumitomo Chemical Co. Ltd.
• Thermo Fisher Scientific Inc.

This statistical study of the allyl chloride market encompasses successful business strategies deployed by the key vendors. The allyl chloride market is fragmented and the vendors are deploying organic and inorganic growth strategies to compete in the market.The allyl chloride market forecast report offers in-depth insights into key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies.

Which are the Key Regions for Allyl Chloride Market?

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69% of the market’s growth will originate from APAC during the forecast period. China, India, and Japan are the key markets for allyl chloride in APAC. Market growth in this region will be faster than the growth of the market in other regions.

APAC was the largest producer and consumer of allyl chloride in 2021. This is because of the high demand for allyl chloride-based products from China. Allyl chloride is one of the key raw materials used in the production of epichlorohydrin. There is also a rise in the demand for epichlorohydrin in APAC countries such as India, China, South Korea, Taiwan, and others. This growth can also be attributed to the increasing demand for epichlorohydrin in paints and coatings applications. Moreover, increasing demand from the construction industry in India, Taiwan, and South Korea has made APAC the largest consumer of epichlorohydrin globally. This market research report entails detailed information on the competitive intelligence, marketing gaps, and regional opportunities in store for vendors, which will assist in creating efficient business plans.

COVID Impact and Recovery Analysis

The outbreak of COVID-19 in the region in 2020 hampered the growth of the regional allyl chloride market in the end-user industries such as electronics and electrical, and others. Several countries such as China, India, Nepal, Pakistan, South Korea, Malaysia, Sri Lanka, and the Philippines were under partial or full lockdown due to the pandemic. However, there has been relaxations in lockdown norms, owing to the advent of the vaccination drive across the region in the first half of the 2021. This led to the resumption of various chemical manufacturing activities in Q3 2021. This factor is anticipated to boost the growth of the market in focus in the region during the forecast period.

What are the Revenue-generating Application Segments in the Allyl Chloride Market?

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The allyl chloride market share growth by the Epichlorohydrin segment will be significant during the forecast period. The epichlorohydrin segment is expected to grow at a moderate rate during the forecast period. The demand is generated mainly from the automotive, construction, and household segments. Epoxy resins manufactured from epichlorohydrin have superior properties, which include toughness, resistance to moisture and chemicals, high tensile strength, and good dielectric properties. Such factors are expected to boost the demand for allyl chloride from producing epichlorohydrin during the forecast period.

This report provides an accurate prediction of the contribution of all the segments to the growth of the allyl chloride market size and actionable market insights on post-COVID-19 impact on each segment.

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What are the Key Data Covered in this Allyl Chloride Market Report?

• CAGR of the market during the forecast period 2022-2026
• Detailed information on factors that will drive allyl chloride market growth during the next five years
• Precise estimation of the allyl chloride market size and its contribution to the parent market
• Accurate predictions on upcoming trends and changes in consumer behavior
• The growth of the allyl chloride industry across APAC, North America, Europe, South America, and MEA
• A thorough analysis of the market’s competitive landscape and detailed information on vendors
• Comprehensive details of factors that will challenge the growth of allyl chloride market vendors

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