ALLYL CHLORIDE MARKET
INTRODUCTION TO ALLYL CHLORIDE MARKET
With the chemical formula CH2=CHCH2Cl, allyl chloride is an organic molecule. Despite being soluble in typical organic solvents, this colourless liquid is insoluble in water. Epichlorohydrin, which is used to make plastics, is the major result of this conversion. A derivative of propylene that has undergone chlorination. Because it is an alkylating agent, handling it is both risky and useful.
A byproduct of chlorinating propylene is allyl chloride. High toxicity and flammability characterise allyl chloride. Vision impairment may result from eye problems that take time to manifest.
In a catalytic oxychlorination process, allyl chloride is created by the reaction of oxygen, hydrogen chloride, and propylene at a temperature that produces allyl chloride in the presence of an oxychlorination catalyst.
To create intermediates for later derivatives like resins and polymers, allyl chloride is employed. Epichlorohydrin, a fundamental component of epoxy resins and a step in the synthesis of glycerol, is synthesised from allyl chloride, which accounts for around 90% of the total production of the chemical.Allyl chloride is typically stable, however it can become unstable at high pressures and temperatures.
ALLYL CHLORIDE MARKET SIZE AND FORECAST
The Global allyl chloride market accounted for $XX Billion in 2023 and is anticipated to reach $XX Billion by 2030, registering a CAGR of XX% from 2024 to 2030.
ALLYL CHLORIDE MARKET RECENT DEVELOPMENT
Chlorohydrination of Allyl Chloride to Dichloropropanol in a Microchemical System. The chlorohydrination of allyl chloride with chlorine in water is carried out using a microchemical system that includes two micromixers and a delay loop.
In the first micromixer, chlorine is dissolved in water. In the second micromixer, allyl chloride and dichloropropanol combine to form dichloropropanol. With a residence time of less than 10 s and a selectivity of greater than 98%, the reaction may be carried out in the delay loop.
A multistage approach that links several microchemical units in series has been created and proven. This method effectively achieves a dichloropropanol concentration greater than 6 wt% with a selectivity greater than 96%.
The outcomes demonstrate that low temperature and high pressure may significantly enhance the performance of microreactions. The microreaction method provides benefits over the traditional reaction process, including a greater yield, more dichloropropanol concentration, less water waste, and less energy use. Additionally, the novel method could improve the safety and management of the chlorine-based reaction process.
ALLYL CHLORIDE MARKET GEOGRAPHY OVERVIEW
North America
The North American market, particularly the USA, will be one of the prime markets for (Allyl Chloride) due to the nature of industrial automation in the region, high consumer spending compared to other regions, and the growth of various industries, mainly AI, along with constant technological advancements. The GDP of the USA is one of the largest in the world, and it is home to various industries such as Pharmaceuticals, Aerospace, and Technology. The average consumer spending in the region was $72K in 2023, and this is set to increase over the forecast period. Industries are focused on industrial automation and increasing efficiency in the region. This will be facilitated by the growth in IoT and AI across the board. Due to tensions in geopolitics, much manufacturing is set to shift towards the USA and Mexico, away from China. This shift will include industries such as semiconductors and automotive.
Europe
The European market, particularly Western Europe, is another prime market for (Allyl Chloride) due to the strong economic conditions in the region, bolstered by robust systems that support sustained growth. This includes research and development of new technologies, constant innovation, and developments across various industries that promote regional growth. Investments are being made to develop and improve existing infrastructure, enabling various industries to thrive. In Western Europe, the margins for (Allyl Chloride) are higher than in other parts of the world due to regional supply and demand dynamics. Average consumer spending in the region was lower than in the USA in 2023, but it is expected to increase over the forecast period.
Eastern Europe is anticipated to experience a higher growth rate compared to Western Europe, as significant shifts in manufacturing and development are taking place in countries like Poland and Hungary. However, the Russia-Ukraine war is currently disrupting growth in this region, with the lack of an immediate resolution negatively impacting growth and creating instability in neighboring areas. Despite these challenges, technological hubs are emerging in Eastern Europe, driven by lower labor costs and a strong supply of technological capabilities compared to Western Europe.
There is a significant boom in manufacturing within Europe, especially in the semiconductor industry, which is expected to influence other industries. Major improvements in the development of sectors such as renewable energy, industrial automation, automotive manufacturing, battery manufacturing and recycling, and AI are poised to promote the growth of (Allyl Chloride) in the region.
Asia
Asia will continue to be the global manufacturing hub for (Allyl Chloride) over the forecast period with China dominating the manufacturing. However, there will be a shift in manufacturing towards other Asian countries such as India and Vietnam. The technological developments will come from China, Japan, South Korea, and India for the region. There is a trend to improve the efficiency as well as the quality of goods and services to keep up with the standards that are present internationally as well as win the fight in terms of pricing in this region. The demand in this region will also be driven by infrastructural developments that will take place over the forecast period to improve the output for various industries in different countries.
There will be higher growth in the Middle East as investments fall into place to improve their standing in various industries away from petroleum. Plans such as Saudi Arabia Vision 2030, Qatar Vision 2030, and Abu Dhabi 2030 will cause developments across multiple industries in the region. There is a focus on improving the manufacturing sector as well as the knowledge-based services to cater to the needs of the region and the rest of the world. Due to the shifting nature of fossil fuels, the region will be ready with multiple other revenue sources by the time comes, though fossil fuels are not going away any time soon.
Africa
Africa is expected to see the largest growth in (Allyl Chloride Market) over the forecast period, as the region prepares to advance across multiple fronts. This growth aligns with the surge of investments targeting key sectors such as agriculture, mining, financial services, manufacturing, logistics, automotive, and healthcare. These investments are poised to stimulate overall regional growth, creating ripple effects across other industries as consumer spending increases, access to products improves, and product offerings expand. This development is supported by both established companies and startups in the region, with assistance from various charitable organizations. Additionally, the presence of a young workforce will address various existing regional challenges. There has been an improvement in political stability, which has attracted and will continue to attract more foreign investments. Initiatives like the African Continental Free Trade Area (AfCFTA) are set to facilitate the easier movement of goods and services within the region, further enhancing the economic landscape.
RoW
Latin America and the Oceania region will showcase growth over the forecast period in (Allyl Chloride Market). In Latin America, the focus in the forecast period will be to improve their manufacturing capabilities which is supported by foreign investments in the region. This will be across industries mainly automotive and medical devices. There will also be an increase in mining activities over the forecast period in this region. The area is ripe for industrial automation to enable improvements in manufacturing across different industries and efficiency improvements. This will lead to growth of other industries in the region.
ALLYL CHLORIDE MARKET MARGIN COMPARISON
| Margin Comparison (Highest to lowest) | Region | Remarks |
| 1 | Europe | The supply chain demands and the purchasing power in the region enable suppliers to extradite a larger margin from this region than other regions. This is for both locally manufactured as well as imported goods and services in the region. |
| 2 | North America | Due to the high spending power in this region, the margins are higher compared to the rest of the world, but they are lower than Europe as there is higher competition in this region. All the suppliers of goods and services target USA as a main market thereby decreasing their margins compared to Europe |
| 3 | Asia | Lower purchasing power, coupled with higher accessibility of services in this regions doesn’t enable suppliers to charge a high margin making it lower than Europe and North America. The quality of goods and services are also affected due to this aspect in the region |
| 4 | Africa and ROW | The margins are the lowest in this region, except for Australia and New Zealand as the countries in this region don’t have much spending power and a large portion of the products and services from this area is exported to other parts of the world |
ALLYL CHLORIDE MARKET REPORT WILL ANSWER FOLLOWING QUESTIONS
- How many allyl chlorides are manufactured per annum globally? Who are the sub-component suppliers in different regions?
- Cost breakup of Global allyl chloride and key vendor selection criteria
- Where is the allyl chloride manufactured? What is the average margin per unit?
- Market share of Global allyl chloride market manufacturers and their upcoming products
- Cost advantage for OEMs who manufacture Global allyl chloride in-house
- key predictions for the next 5 years in the Global allyl chloride market
- Average B-2-B allyl chloride market price in all segments
- Latest trends in the allyl chloride market, by every market segment
- The market size (both volume and value) of the allyl chloride market in 2024-2030 and every year in between?
- Production breakup of the allyl chloride market, by suppliers and their OEM relationship
