Epichlorohydrin (ECH) Market Size By Feedstock, By Application, By End User, By Geographic Scope And Forecast


Posted July 24, 2020 by jennysmith22119

Epichlorohydrin (ECH) Market was valued at USD 2.50 Billion in 2019 and is projected to reach USD 3.67 Billion by 2027, growing at a CAGR of 4.9% from 2020 to 2027.

 
Epichlorohydrin (ECH) Market Size And Forecast
The Global    report provides a holistic evaluation of the market. The report comprises various segments as well as an analysis of the trends and factors that are playing a substantial role in the market. These factors; the market dynamics, involves the drivers, restraints, opportunities, and challenges through which the impact of these factors in the market is outlined. The drivers and restraints are intrinsic factors whereas opportunities and challenges are extrinsic factors of the market. The Global Epichlorohydrin (ECH) Market study provides an outlook on the development of the market in terms of revenue throughout the prognosis period.

Epichlorohydrin (ECH) Market was valued at USD 2.50 Billion in 2019 and is projected to reach USD 3.67 Billion by 2027, growing at a CAGR of 4.9% from 2020 to 2027.

What is Epichlorohydrin (ECH)?
Epichlorohydrin is a liquid epoxide that is manufactured by the chlorohydrination of allyl chloride. It is a volatile, colourless liquid with an ethereal odour. ECH is an extremely versatile chemical intermediate that is used for a variety of applications such as in the production of epoxy resins which is its primary use. It is also used in the production of elastomers and printing special inks. Other uses of Epichlorohydrin are to prepare dyeable polypropylene fibers and to dye polyolefin and other fibers, it is also used in vinyl polymer plasticizers and as solvents for food and flavoring.

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Global Epichlorohydrin (ECH) Market Outlook
In the report, the market outlook section mainly encompasses fundamental dynamics of the market which include drivers, restraints, opportunities and challenges faced by the industry. Drivers and restraints are intrinsic factors whereas opportunities and challenges are extrinsic factors of the market.

The primary use of Epichlorohydrin is its production of epoxy resins which acts as a key driver for the Global Epichlorohydrin Market since epoxy resins are used in the manufacture of a variety of materials in the Building and Construction Industry such as adhesives, paints, coatings, primers, plastics, sealants and other products.

Typically companies used petroleum-based feedstock in the production of Epichlorohydrin, but recently there has been a sharp increase in the production of Epichlorohydrin from glycerin which is bio-based making it environmentally friendly. This will increase the growth of the Global Epichlorohydrin Market. Along with this new technology that is being introduced can also help the growth of the market.

The growth in the automotive industries also positively impacts the Epichlorohydrin Market since epoxy resins are used in the manufacturing of rubber which is used in automotive industries.

China accounts for most of the production and export of Epichlorohydrin even though the plants are working at reduced operating rates. This can act as a restraint for the Global Epichlorohydrin Market since there will not be maximum production.

Verified Market Research narrows down the available data using primary sources to validate the data and use it in compiling a full-fledged market research study. The report contains a quantitative and qualitative estimation of market elements which interests the client. The “Global Epichlorohydrin (ECH) Market” is mainly bifurcated into sub-segments which can provide a classified data regarding latest trends in the market.

Global Epichlorohydrin (ECH) Market Competitive Landscape
The “Global Epichlorohydrin (ECH) Market” study report will provide a valuable insight with an emphasis on the global market including some of the major players such as The Dow Chemical Company, NAMA Chemicals, Aditya Birla Chemicals, Solvay Chemical SA, Shandong Haili Chemical Industry Co., and Spolchemie AS. Our market analysis also entails a section solely dedicated to such major players wherein our analysts provide an insight into the financial statements of all the major players, along with its product benchmarking and SWOT analysis. The competitive landscape section also includes key development strategies, market share and market ranking analysis of the above-mentioned players globally.

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Epichlorohydrin (ECH) Market, By Feedstock
● Propylene based
● Glycerin based

Epichlorohydrin (ECH) Market, By Application
● Epoxy Resins
● Water Treatment Chemicals
● Synthetic Glycerine
● Pharmaceutical
● Others

Epichlorohydrin (ECH) Market, By End User
● Paints and Applications
● Construction
● Automotive
● Electrical and Electronics
● Others

Epichlorohydrin (ECH) Market Geographic Scope
● North America
o U.S.
o Canada
o Mexico
● Europe
o Germany
o UK
o France
o Rest of Europe
● Asia Pacific
o China
o Japan
o India
o Rest of Asia Pacific
● Rest of the World
o Latin America
o Middle East & Africa

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Issued By vmr
Country United States
Categories Business
Tags epichlorohydrin ech
Last Updated July 24, 2020