Procurement Resource does an in-depth analysis of the market trend to bring forth the monthly, quarterly, half-yearly, and yearly information on the Allyl Alcohol price in its latest pricing dashboard. The detailed assessment deeply explores the facts about the product, price change over the weeks, months, and years, key players, industrial uses, and drivers propelling the market and price trends. Each price record is linked to an easy-to-use graphing device dated back to 2014, which offers a series of functionalities; customisation of price currencies and units and downloading of price information as excel files that can be used offline. The pricing database and analysis of Allyl Alcohol can prove valuable for the procurement managers, directors, and decision-makers to build up their strongly backed up strategic insights to attain progress and profitability in the business.
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The liquid known as allyl alcohol has the appearance of being transparent, colourless, and odourless. The flash point of it is 21 oC (70 oF). Its density is 7.1 lb/gal less than that of water, and its vapours are heavier than air. It is the smallest member of the allylic alcohols and, like many alcohols, is a water-soluble molecule.
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Numerous specialised substances, including plasticizers, drying oils, and flame-resistant polymers, use allyl alcohol. Additionally, it serves as an essential feedstock in the creation of glycidol, a chemical synthesis intermediate that is used to create molecules like glycerol and glycidyl products. The market for allyl alcohol is being helped by the rising need for the production of glycerol and products made from polymers. The plastic and chemical industries’ consumption habits have an impact on the demand for allyl alcohol. The production of safety glass, CRT screens, paints and coatings, silane coupling agents, optical resins, and polymer crosslinking agents places a significant demand on allyl alcohol. Due to the use of allyl alcohol in the resin sector, the market is also anticipated to rise strongly. During the projected period, it is anticipated that increased allyl alcohol use in the paints & coatings industry would further stimulate the market.
LyondellBasell Industries Holdings B.V.
RX Marine International
Dairen Chemical Corp.
Central Drug House
Despite their substantial market shares, Western Europe and North America are experiencing modest growth, which is expected to continue during the projected period. The allyl market situation has been significantly impacted by the rapid growth of the chemical, plastics, and polymer manufacturing industries in the APEJ, particularly from China, India, and South Korea. Japan would likely experience the strongest growth in the allyl market, followed by APEJ. The Middle East & Africa, Eastern Europe, and Japan are predicted to be the next three major regions for the allyl alcohol market throughout the projection period.
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Reference Link: https://takeitcool.com/price-trends-of-allyl-alcohol/