Press release
Epichlorohydrin Market is Grow at CAGR of 5% by 2023
Epichlorohydrin (ECH) is a transparent liquid with an irritating chloroform similar odor produced by using propylene, chlorine, and milk of lime. It is majorly used in the production of epoxy resins. Epichlorohydrin is a versatile precursor in the synthesis of many organic compounds. It is a highly reactive organochlorine compound and is applicable in the production of epoxy resins, plastics, glycerol, and elastomers. Epichlorohydrin is eagerly biodegradable and is not ordinary to keep in the environment. Extensive Increase in the demand of epichlorohydrin in various end-user industries such as automotive, electronics, textiles, pharmaceutical, construction industry, and others anticipated to drive the market.
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Key Players
• Solvay S.A. Chemicals company (Europe)
• Zachem SA (Europe)
• Samsung Fine Chemicals Co., Ltd. (Korea)
• Dow Chemical Company (US)
• Sumitomo Chemical Co. (Japan)
• Aditya Birla Chemicals (India)
• Osaka Soda Co., Ltd. (Japan)
• Formosa Plastics Corporation (US)
• Shandong Haili Chemical Industry Co. Ltd (China)
• NAMA Chemicals (Saudi Arabia)
Segmentation
The global epichlorohydrin market is majorly segmented on the basis of application, end users and region. Based on application of epichlorohydrin the market is segmented into epoxy resins, synthetic glycerin, water treatment chemicals, and others (elastomers, water-treatment resins, surfactants, ion exchange resins, plasticizers, dyestuffs, oil emulsifiers, lubricants, and adhesives). Based on end user the market segmented into automotive, electronics, textiles, pharmaceutical, construction industry, and others and based on region market is segmented into North America, Europe, APAC, Latin America, and Middle East & Africa.
Regional Analysis
The global epichlorohydrin market is classified on the basis of mixed geographic segmentation which involves regions such as America, Europe, Asia-Pacific, Middle East and Africa. Out of all, Asia Pacific epichlorohydrin market is largest market owing to robust industry growth of application industry in China, Japan and India. Asia Pacific epichlorohydrin market size is likely to witness highest gains over the forecast period. Positive stance on end-use industries such automotive, electronics, textiles, pharmaceutical, construction industry, and others in countries like China & India is predict to drive demand. Increasing demand for construction industry in the Indian, Taiwan, and South Korea has made Asia Pacific largest consumer of the epichlorohydrin market. China is major dominating country owing to large scale production of end user industries such as automotive, electronics and textiles industry.
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Table of Content
1 Executive Summary
2 Scope of the Report
3 Market Research Methodology
4 Market Landscape
5 Industry Overview of Global Epichlorohydrin Market
6 Market Trends
6.1 Introduction
6.2 Growth Trends
6.3 Impact analysis
7. Global Epichlorohydrin Market by Region
8. Global Epichlorohydrin Market by Application (Epoxy Resins, Synthetic Glycerin, Water Treatment Chemicals, and Others)
9. Global Epichlorohydrin Market by End User (Automotive, Electronics, Textiles, Pharmaceutical, Construction Industry, and Others)
10. Company Profiles
Taste the market data and market information presented through more than 30 market data tables and figures spread over 100 numbers of pages of the project report. Avail the in-depth table of content TOC & market synopsis on “Global Epichlorohydrin Market Research Report- Forecast to 2023”.
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