Market Size and Share
The global Allyl Glycidyl Ether market was valued at approximately USD 100 million in 2023 and is expected to reach around USD 150 million by 2029, growing at a compound annual growth rate (CAGR) of 8.5% during the forecast period. The increasing adoption of AGE in coatings and adhesives is one of the main drivers for market growth.Trends Analysis Report
By Product Type
The AGE market is segmented based on product types which include:- Standard AGE
- Modified AGE
By Key Players
Key players in the Allyl Glycidyl Ether market include:- SACHEM Inc.
- OSAKA SODA Co., Ltd.
By Process
The AGE market can be segmented based on production processes, including:- Chemical Synthesis: A prevalent method involving the use of glycidol and allyl chloride.
- Biochemical Processes: Emerging methods focusing on sustainable production techniques.
By Application
The applications of Allyl Glycidyl Ether are diverse, including:- Silane Coupling Agents
- Monomer Modifiers
- Cellulose-Ether Modifiers
By End-Use
The end-use industries of AGE encompass:- Construction
- Aerospace
- Automotive
- Pharmaceuticals
Regional Analysis
Geographically, the Allyl Glycidyl Ether market segments include:- North America
- Europe
- Asia-Pacific
- Latin America
- Middle East & Africa
Market News and Policies
Recent initiatives from governments globally focusing on environmental sustainability have prompted several manufacturers to explore more eco-friendly production techniques of Allyl Glycidyl Ether. Regulatory policies aimed at reducing volatile organic compounds (VOCs) emissions in the coatings industry have further encouraged the adoption of AGE as a lower-toxic alternative, enhancing its market position.Company Strategies
SACHEM is focusing on innovative applications for Allyl Glycidyl Ether, targeting its utilization in niche industrial applications. Meanwhile, OSAKA SODA is strengthening its production capabilities and expanding geographical reach through strategic partnerships and acquisitions, ensuring a significant footprint in the global market.Segment Forecasts (2024-2029)
The forecast for the Allyl Glycidyl Ether market from 2024 to 2029 indicates robust growth, with the automotive and construction industries leading demand. The market is expected to:- Grow at a CAGR of 8.5%.
- Achieve sales of USD 150 million by 2029.
- Witness a shift towards bio-based AGE as consumer preference leans towards sustainability.
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Table of Contents
Companies Mentioned
- SACHEM
- OSAKA SODA