Epichlorohydrin (ECH) Market Demand and Future Scope With Top Key Players- DAISO, Jiangsu Yangnong Chemical Group, Momentive Speciality Chemicals, NAMA Chemicals among Others

A recent report published by QMI on Epichlorohydrin market is a detailed assessment of the most important market dynamics. After carrying out thorough research of epichlorohydrin market historical as well as current growth parameters, business expectations for growth are obtained with utmost precision. The study identifies specific and important factors affecting the market for epichlorohydrin during the forecast period. It can enable manufacturers of epichlorohydrin to change their production and marketing strategies in order to envisage maximum growth.

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According to the report, increasing demand for bio-based epichlorohydrinis expected to drive the growth of the global epichlorohydrin (ech) market during the forecast period. This has resulted in some of the key developments by companies operating in the market to consolidate their market positions and look for further niche opportunities.

Understanding the chemistry and uses ofEpichlorohydrin(ECH)

ECH is a chemical containing an epoxy and chlorine component. It has characteristics such as gentle water solubility, chiral nature, and miscibility in polar solvents resulting in the production of epoxy resins and glues, plastics, glycerols, and elastomers. It is manufactured using the glycerin and propylene raw materials. The use of allyl chloride and allyl alcohol is done to manufacture ECH using propylene as feedstock.

In the other process, ECH responds to the acquisition of resins and polymers used in end-user industries such as pharmaceutical and personal care, using bisphenol ether. ECH operates in end-user sectors such as paints and coatings, textiles, electrical & electronics, agrochemicals, and so on.

Increasing use of epoxy resins in end-user sectors such as paints & coating is expected to drive the worldwide ECH market during the forecast period. Legislative bodies, however, are expected to be concerned about ECH's damaging effects on health and the environment to hinder the development of the ECH industry around the world. The glycerin-based lucrative development in ECH is likely to be an opportunity for ECH industry in the days ahead.

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Important Factors Impacting Market Growth:

o The rapid growth of end use industry
o Growing Consumption Of Epoxy Resins In End-User Industries
o Increasing Demand For Bio-Based Epichlorohydrin

Insights about regional distribution of market:
Based on region, the global epichlorohydrin (ECH) market has been segmented by North America, Western Europe, Eastern Europe, Asia Pacific, Middle East, & Rest of the World. North America and Western Europe being some of the major markets are also traditional suppliers of chemicals such as specialty chemicals, bulk chemicals, and so on. Major companies in this market are headquartered in North America and Western Europe. This region has been witnessing a number of transitions in terms of productions of chemicals and respective applications by end-use industries. The Asia Pacific and the Middle East are expected to register substantial growth in the global epichlorohydrin (ECH) market during the forecast period. This demand is with regard to the growth of major applications such as epoxy resins, synthetic glycerin, water treatment chemicals, pharmaceuticals.

Eastern Europe has been largely dominated by Russia and Turkey with operations of major chemical giants in the region. Rest the World that includes South America and Africa has a strong potential for global epichlorohydrin (ECH) market. There have been an increasing number of investments by global companies in these regions to strengthen their presence and tap the potential market.

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Companies Covered: Aditya Birla Chemicals, DAISO Co. Ltd, FORMOSA PLASTIC CORPORATION, Hanwha Chemical, Jiangsu Yangnong Chemical Group Co. Ltd, KASHIMA CHEMICAL CO. LTD, Momentive Speciality Chemicals, NAMA Chemicals, Samsung Fine Chemicals Co. Ltd, Shandong Haili Chemical Industry Co. Ltd, SOLVAY, Spolchemie A.S, Sumitomo Chemical, TamilnaduPetroproducts Ltd, The Dow Chemical Company, ZAKADY ChemiczneZachem SA

Market Segmentation:

By Process:
o Allyl Chloride Route
o Allyl Alcohol Route
o Glycerin Route

By Applications:
o Epoxy Resins

o Paints & Coatings
o Electrical & Electronics
o Construction
o Wind Turbines
o Composites
o Adhesives
o Synthetic Glycerin
o Water Treatment Chemicals
o Pharmaceuticals

By Region:
North America
o By Country (US, Canada, Mexico)
o By Process
o By Applications

Western Europe:
o By Country (Germany, UK, France, Spain, Rest of Western Europe)
o By Process
o By Applications

Eastern Europe:
o By Country (Russia, Turkey, Rest of Eastern Europe)
o By Process
o By Applications

Asia Pacific
o By Country (China, Japan, India, Rest of Asia Pacific)
o By Process
o By Applications

Middle East:
o By Country (UAE, Qatar, Iran, Saudi Arabia, Rest of Middle East)
o By Process
o By Applications

Rest of the World
o By Region (Latin America, Brazil, Rest of the World)
o By Process
o By Applications

Reasons To Buy This Report:

o Market size estimation of the epichlorohydrin (ECH) on a regional and global basis

o The unique research design for market size estimation and forecast

o Profiling of major companies operating in the market with key developments

o Broad scope to cover all the possible segments helping every stakeholder in the market

Customization:

We provide customization of the study to meet specific requirements:
o By Segment
o By Sub-segment
o By Region/Country

Contact:
Quince Market Insights
Ajay D. (Knowledge Partner)
Office No- A109
Pune, Maharashtra 411028
Phone: US +1 208 405 2835 UK +44 121 364 6144 APAC +91 706 672 4848
Email: sales@quincemarketinsights.com
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This release was published on openPR.