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Report Overview
2023
Base Year
2018-2023
Historical Year
2024-2032
Forecast Year
Allyl Alcohol Market Share
The demand for allyl alcohol is rising due to its various applications across different industries
Optical resins are a significant application of allyl alcohol. The demand for optical resins is driven by their use in various applications such as lenses, prisms, and other optical components. The market for allyl alcohol in optical resins is expected to grow at a moderate rate due to the increasing demand for high-quality optical components in various industries like aerospace, automotive, and consumer electronics.
As per allyl alcohol market analysis, safety glass is another key application of allyl alcohol. The demand for safety glass is driven by its use in various applications such as automotive windshields, architectural glass, and other safety-related applications. The segment is expected to grow at a moderate rate due to the increasing demand for safety glass in various industries.
Paints and coatings are a significant application of allyl alcohol as paints and coatings are applied in architectural, automotive, and industrial projects. The segment is expected to contribute to allyl alcohol market growth due to the increasing demand for high-quality coatings in various industries. Meanwhile, the demand for polymer crosslinking agents is driven by their use in production of plastics and rubbers.
CRT (Cathode Ray Tube) screens are a traditional application of allyl alcohol. The demand for CRT screens is driven by their use in various applications such as televisions and computer monitors. Although the market for CRT screens is declining due to the shift towards newer technologies like LCD and OLED, allyl alcohol is still used in the production of CRT screens, and thus, the segment is expected to maintain a steady growth rate.
Allyl Alcohol Market Report Snapshots
Allyl Alcohol Market Regional Analysis
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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Key Questions Answered in the Report
The allyl alcohol market is expected to grow at a CAGR of 1% between 2025 and 2034.
The major drivers of the market include rising disposable incomes, developments in the chemical industry, and the demand for glycerol-based products.
Key trends aiding market expansion include the increasing utilisation of allyl alcohol in resin manufacturing, rising need for safety glasses, and growing demand for plastics and polymers.
Regions considered in the market are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
The applications of allyl alcohol include optical resins, safety glass, CRT screens, paints and coatings, silane coupling agents, and polymer crosslinking agents, among others.
Asia Pacific is expected to dominate the market within the forecast period.
The dominant applications of allyl alcohol are expected to be the BDO industry, resin industry, and coupling agents.
The major challenges include fluctuating raw material costs, environmental regulations, and competition from alternative products.
Key players in the market are LyondellBasell Industries Holdings B.V., Showa Denko K.K., Seqens Group, Zouping Mingxing, Chemical Co. Ltd., Daicel Corporation, and Dairen Chemical Corporation (DCC), among others.
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United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Australia
63 Fiona Drive, Tamworth, NSW
+61-448-061-727
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-858-608-1494
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.
+63-287-899-028, +63-967-048-3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84-865-399-124