PUBLISHER: Grand View Research | PRODUCT CODE: 1679480
PUBLISHER: Grand View Research | PRODUCT CODE: 1679480
The global allyl chloride market size is anticipated to reach USD 5.02 billion by 2030, growing at a CAGR of 6.7% from 2025 to 2030, according to a new report by Grand View Research, Inc. The demand for the product can be attributed to the rising demand for clean water and increasing epoxy production across the globe leading to increased demand for the product market.
The epichlorohydrin segment dominated the market with a revenue share of 34.1% in 2024. The growth is attributed to the increased use of epichlorohydrin in the production of resins such as epoxy. Epoxy resins are traditionally produced by reacting a polyhydric phenol with a simple aliphatic epoxide or an aliphatic chlorohydrin. The key benefits of epoxy resins include resistance to solvents, corrosion resistance, hardness, chemicals, and strong adhesion. Moreover, epichlorohydrin is used in various end use industries such as textiles, surface active agents, agricultural products, plasticizers, paper, and inks and dyes.
Asia Pacific dominated the market with a market share of 46.9% in 2024, during the forecast period. This growth is attributed to increasing demand for water treatment chemicals. In Asia Pacific around 80% of wastewater is discharged without treatment. This has led to increased demand for water treatment chemicals in the region.