Global Epichlorohydrin Market: Recent Industry Trends, Analysis and Forecast, 2016-2022

Epichlorohydrin is a bitter smelling, colourless toxic epoxide volatile liquid. Epichlorohydrin is manufactured using allyl chloride, chlorine and water by passing it through several reactors and separation columns. Epichlorohydrin is primarily used in the production of epoxy resins, epichlorohydrin elastomers, water treatment chemicals, surfactants and resin for paper production. The wide range of applications of epoxy resins in industries such as paints, electronics, adhesives, automotive and construction are propelling the growth of epoxy resin industries which in return is contributing to the growth of global epichlorohydrin market. Mostly epoxy resin manufacturing industries have the largest consumption of epichlorohydrin which is a prominent factor for the growth of global epichlorohydrin market. New eco-friendly technologies are being employed by the manufacturers for the production of epichlorohydrin like replacing the petro-based raw material (propylene) by bio-based raw material (glycerine).

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The key drivers of the global epichlorohydrin market are the growth in the number of epoxy resin producers as epichlorohydrin serves as the key ingredient for manufacturing epoxy resin. From the epichlorohydrin market demand point of view the epoxy resin had the highest demand trailed by synthetic glycerine. With the growth of automotive industries the use of epichlorohydrin based rubber in the automotive industry is also increasing thus facilitating to the market growth of global epichlorohydrin market. The stringent emission standards set by the government for the production of epichlorohydrin might act as a market restraint for the growth of epichlorohydrin market globally. The lump sum production and export of epichlorohydrin by the China manufacturers could act as a restraint for other epichlorohydrin manufacturer’s growth in the market. New technologically advanced process like the Epicerol process is replacing the traditional epichlorohydrin production process which eliminates the environmental restraints hindering the growth of the global epichlorohydrin market.

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