Global Allyl Alcohol Market to Be Driven by Growth in Plastics Industry During Forecast Period 2021-2026 – Queen Anne and Mangolia News

EMR’s new report entitled “Global Allyl Alcohol Market Report and Forecast 2021-2026′, gives an in-depth analysis of the global allylic alcohol market, assessing the market based on its segments such as products, applications and major regions. The report tracks the latest industry trends and studies their impact on the overall market. It also assesses market dynamics, covering key demand and price indicators, as well as market analysis based on SWOT and Porter’s Five Forces models.

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Key highlights of the report include:

Market Overview (2016-2026):-

  • Forecast CAGR (2021-2026): – 1%

Allyl alcohol is widely used in the manufacture of safety glass, CRT panels, paints and coatings, silane coupling agents, optical resins, and polymeric crosslinking agents. Due to its high demand in the production of glycerol and a wide variety of polymerizable esters, the demand for allyl alcohol is expected to increase significantly over the forecast period. However, due to strict environmental laws and regulations in regions such as North America and Europe, the demand for allylic alcohol might be limited.

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Industry definition and major segments

Allyl alcohol is a colorless liquid that smells like mustard. While its vapors are thicker than air, allyl alcohol is less dense than water.

By Application, the market is segmented into:

Based on region, the industry is divided into:

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East and Africa

Market trends

Allyl alcohol market is expected to grow with the development of BDO and coupling agent industry. Due to the high demand for high-end products, many companies are beginning to focus on the high-end market. China’s allyl alcohol industry is currently actively trying to migrate to the high-end allyl alcohol field, as well as expand the downstream industry chain. Western Europe and North America are the major allyl alcohol markets in terms of allyl alcohol production and consumption due to the high demand for the production of various chemical intermediates and polymer products. While Western Europe and North America hold a large market share, growth is moderate in these regions and this trend is expected to continue during the forecast period.

Main market players

Major market players include LyondellBasell Industries Holdings BV, Showa Denko KK, Seqens Group, Zouping Mingxing Chemical Co. Ltd., Daicel Corporation, Dairen Chemical Corporation (DCC) and others. The report covers market shares, capacities, plant rotations, expansions, investments, and mergers and acquisitions, among other latest developments of these market players.

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