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Report Overview
The global allyl alcohol market was valued at USD 1.94 Billion in 2024. The industry is expected to grow at a CAGR of 6.00% during the forecast period of 2025-2034. The derivatives of allyl alcohol are increasingly finding applications in high-performance 3D printing resins. This propels innovation within various sectors like health care, automobiles, and aerospace toward precision and durable prototype development. In turn, all these factors have resulted in the market attaining a valuation of USD 3.47 Billion by 2034.
2023
Base Year
2018-2023
Historical Year
2024-2032
Forecast Year
- Allyl alcohol is being used with increasing frequency in the manufacture of specialty resins such as allyl esters and allyl glycidyl ethers. Since these resins are crucial in coatings, adhesives, and composites, the chemical has become the preferred choice for manufacturers in construction, automotive, and electronics sectors.
- Allyl alcohol has reactive properties that allow it to be a key intermediate in the synthesis of active pharmaceutical ingredients. These are heavily demanded for the production of glycerol, diallyl phthalate, diallyl isophthalate, and other compounds, thereby driving growth in the allyl alcohol market. These specialized drugs and agrochemicals are pushing for higher demand across regions that prioritize developments in healthcare and agriculture.
- Companies are more focused on sustainable practices in the production of allyl alcohol, with bio-based sources and more energy-efficient processes. This has resulted from construction pressures followed by a greater appreciation within the customer base for sustainable chemicals which in turn creates a window of opportunities for companies to adopt greener innovations.
Allyl Alcohol Market Trends
An increasing usage of environmentally friendly waterborne coatings has been observed in automotive, construction, and packaging industries. Allyl alcohol plays a major role in the manufacture of water-soluble resins and adhesives. It has increasingly become a critical component in achieving regulatory and sustainability goals. Hence this factor positively impacts the allyl alcohol demand forecast. Moreover, rapid growth of the electronics and semiconductor industries directly results in higher demand for allyl alcohol-based chemicals, such as high-performance polymers and adhesives used for encapsulants, printed circuit boards, and protective coatings. As per industry reports, 4.3 billion individuals or over half (54%) of the world's population, now possess a smartphone. The increasing penetration of smartphones is driving growth of the optical resins segment.
Allyl Alcohol Market Report Snapshots
*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
In 2024, the allyl alcohol market reached an approximate value of USD 1.94 Billion.
The market is projected to grow at a CAGR of 6.00% between 2025 and 2034.
The market is estimated to witness healthy growth in the forecast period of 2025-2034 to reach a value of around USD 3.47 Billion by 2034.
The major drivers of the market are growing applications in high-performance 3D printing resins, increasing usage of environmentally friendly waterborne coatings, and rapid growth of the electronics and semiconductor industries.
The key trends of the market include sustainable production methods that support biodiversity, growth in UV-curable coatings, expanded chemical polymer applications, and innovation in catalysts to produce efficiency and long-term sustainability across different sectors.
The major regions in the market are North America, Europe, Asia Pacific, Latin America, and Middle East and Africa.
The various types considered in the market report are Allyl Diglycol Carbonate (ADGC), Allyl Diglycidyl Ether (AGE), Allyl Methacrylate (AMA), Allyl Isoamyl Glycolate, Diallyl Phthalate (DAP), Styrene Allyl Alcohol (SAA), and others.
The various allyl chloride hydrolysis, Propylene Oxide (PO) Isomerization and others.
The major players in the market are LyondellBasell Industries Holdings B.V., Zouping Mingxing Chemical Co. Ltd., Dairen Chemical Corporation (DCC), Tokyo Chemical Industry Co., Ltd, Thermo Fisher Scientific Inc., Merck KGaA, RX Marine International, among others.
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