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The allyl chloride market size is forecast to increase by USD 1.56 billion, at a CAGR of 4.1% between 2023 and 2028. The market is experiencing significant growth due to the increasing utilization of allyl chloride derivatives in various industries. In the electrical and electronics sector, allyl chloride is used to produce epoxy resins, which are essential for manufacturing electronic components. The aerospace and marine industries also use allyl chloride derivatives, such as allyl sulfonates and glycidyl ethers, for manufacturing fuel additives and antifouling agents, respectively. Furthermore, the rise of epichlorohydrin-based resins in the water treatment industry is driving market growth. However, stringent environmental laws and regulations are posing challenges to the market, as allyl chloride production involves the release of hazardous by-products. Bio-based alternatives, such as bio-based epichlorohydrin and allyl amines, are being explored to mitigate these environmental concerns. Overall, the allyl chloride market is witnessing growth due to its wide application base in industries like electrical and electronics, aerospace, marine, and water treatment chemicals. However, the market is facing challenges due to stringent environmental regulations and the need for eco-friendly alternatives.
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Application
7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Opportunity/Restraints
10 Competitive Landscape
11 Competitive Analysis
12 Appendix
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