Press release
Epichlorohydrin Market Top Key Players Dow Chemical Company, Formosa Plastics Corporation & Others
Epichlorohydrin
Epichlorohydrin Market - Intended Audience by 2023
• Epichlorohydrin manufacturers
• Traders and distributors of Epichlorohydrin
• Production Process industries
• Potential investors
• Raw material suppliers
• Nationalized laboratory
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Study Objectives of Epichlorohydrin Market:
• To provide detailed analysis of the market structure along with forecast for the next 7 years of the various segments and sub-segments of the Global Epichlorohydrin Market
• To understand the supply and demand dynamics including supply and consumption concentration mapping
• To provide region level market analysis and future outlook for North America, Europe, Asia, and Rest of the World (ROW) and their countries
• To provide competitor positioning of the market
• To provide company profiling of major players in the market along with their production and capacity
• To provide regional trade analysis
• To evaluate historical market trends, patents and technologies, and current government regulatory requirements that are relevant to the market
Synopsis of Epichlorohydrin Market
The Global Epichlorohydrin is expected to witness a significant growth of ~ 2580.04 Kilo Tons by 2023 with CAGR of ~5% between 2016 and 2023. Epichlorohydrin also known as ECH, chloromethyloxirane, 2, 3-epoxypropyl chloride, oxirane. Epichlorohydrin have features such as excellent resistance to hydrocarbon oils & fuels, excellent resistance to ozone & weathering, low solvent & gas permeability, and durability from low to high temperature. Epichlorohydrin is used mainly for the production of epoxy resins, synthetic glycerin, water treatment chemicals, and others.
Top 10 Global Key Players in Epichlorohydrin Market during forecast period 2018 to 2023
Key players of the global epichlorohydrin market are 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), and others.
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Substantial growth in the demand of epoxy resins for various end-user industries anticipated to drive the epichlorohydrin market and high demand of synthetic glycerin due to increasing applications projected to drive the epichlorohydrin market. Epichlorohydrin is irritating and moderately toxic when it gets contact with skin and if swalloed, also it is carcinogenic. Hence concern of regulatory bodies regarding dangerous effects of epichlorohydrin on health as well as environment expected to hamper the global epichlorohydrin market growth.
Epichlorohydrin Market Regional Analysis
Asia Pacific is the largest market of epichlorohydrin due to demand in various applications such as epoxy resins and synthetic glycerin in China region followed by Japan. Increasing demand for epoxy resins and synthetic glycerin in the India, Taiwan, and South Korea has made Asia Pacific largest consumer of the global epichlorohydrin market followed by increasing in the consumption of epichlorohydrin market in Europe region. The third largest market of epichlorohydrin is North America. Latin America and Middle East also witnessed in growth of epichlorohydrin market due to various end user industry such as automotive, electronics, textiles, industrial, pharmaceutical, and others.
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