2-Chloropropylene(cas557-98-2), also known as isopropenyl chloride or 2-chloro-1-propene, is an organic compound with the chemical formula C3H5Cl. It is a colorless liquid with a pungent odor that is used as an intermediate in the synthesis of various chemicals, such as epichlorohydrin, glycerol, allyl alcohol, and allylamine. In this article, we will provide an overview of the global market for 2-chloropropylene, including its suppliers, prices, and trends.
Suppliers of 2-Chloropropylene(cas557-98-2)
The major producers of isopropenyl chloride(cas557-98-2) are located in China, India, Japan, South Korea, and the United States. According to the latest data from ChemAnalyst, the global production capacity of 2-chloro-1-propene was about 1.8 million tons per year in 2020, with China accounting for more than 60% of the total. The main manufacturers in China include Shandong Haili Chemical Industry Co., Ltd., Jiangsu Yangnong Chemical Group Co., Ltd., Zhejiang Juhua Co., Ltd., and Shandong Qibo New Energy Co., Ltd. The other notable suppliers in the global market are Dow Chemical Company (USA), Olin Corporation (USA), Nippon Shokubai Co., Ltd. (Japan), Sumitomo Chemical Co., Ltd. (Japan), and Aditya Birla Chemicals (India).
Prices of 2-Chloropropylene
The prices of isopropenyl chloride(cas557-98-2) vary depending on the region, demand, supply, and raw material costs. According to ChemAnalyst, the average global price of isopropenyl chloride was about $1,200 per ton in 2020, which was a slight increase from the previous year. The prices were higher in North America and Europe than in Asia-Pacific due to the limited availability and higher transportation costs. The main factors that influenced the price fluctuations of 2-chloro-1-propene(cas557-98-2) in 2020 were the COVID-19 pandemic, which affected the demand and supply of the product; the volatility of crude oil prices, which affected the cost of propylene, the main raw material for isopropenyl chloride; and the environmental regulations and safety issues related to the production and handling of 2-chloropropylene.
Market Trends of 2-chloro-1-propene
The global demand for 2-chloro-1-propene(cas557-98-2) is expected to grow at a compound annual growth rate (CAGR) of about 4% from 2021 to 2026, reaching about 2.3 million tons by 2026. The main drivers for the market growth are the increasing demand for epichlorohydrin and glycerol, which are used in various industries such as plastics, rubber, cosmetics, pharmaceuticals, and biodiesel. The Asia-Pacific region is expected to remain the largest consumer of 2-chloropropylene, followed by North America and Europe. The key challenges for the market growth are the environmental and health concerns associated with 2-chloro-1-propene(cas557-98-2), which may limit its use and production; the competition from alternative products such as propylene oxide and propylene glycol; and the potential trade disputes and geopolitical tensions that may affect the global trade of 2-chloropropylene(cas557-98-2).
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