The global demand for Epichlorohydrin (ECH) Market is presumed to reach the market size of nearly USD XX MN by 2032 from USD XX MN in 2023 with a CAGR of 6.4% under the study period 2024 - 2032. Regarding volume, the market was calculated XX Kilo Tons in 2023 and forecast to touch XX Kilo Tons by 2032 with a CAGR of XX% during 2024-2032.
Epichlorohydrin is a liquid epoxide made from allyl chloride chlorohydrination. It's a colourless, flammable liquid with an ethereal odour. It's a chiral molecule that usually comes in the form of a racemic combination of right- and left-handed enantiomers. Epichlorohydrin is an electrophilic chemical with a high reactivity that is used to make glycerol, plastics, epoxy glues and resins, epoxy diluents, and elastomers. Epichlorohydrin is designated as a possible or likely carcinogen in humans by various worldwide health research authorities and organizations. Inhalation exposure to epichlorohydrin at work could cause lung irritation and raise the risk of lung cancer.
Market Dynamics
Epichlorohydrin's primary application is the production of epoxy resins. Epoxy resins are used to manufacture various materials in the building and construction industry, like adhesives, paints, coatings, primers, plastics, sealants, and other products. As a result of expanded employment opportunities, private and public non-residential spending is increasing, improving epoxy resins' growth prospects and benefiting the epichlorohydrin (ECH) industry. Furthermore, the government has adopted many water-cleaning initiatives, which will increase demand for epichlorohydrin. Aside from that, the use of epichlorohydrin in the electrical and electronics manufacturing processes will boost the epichlorohydrin market's demand. Epichlorohydrin is also used to create plastics; hence, global plastic demand will increase epichlorohydrin demand. The detrimental consequences of epichlorohydrin on human health and the environment might stifle market expansion.
The research report covers Porter's Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry's structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of epichlorohydrin (ech). The growth and trends of epichlorohydrin (ech) industry provide a holistic approach to this study.
Market Segmentation
This section of the epichlorohydrin (ech) market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
By Application
- Epoxy Resins (Paints & Coatings, Wind Turbine, Composites, Construction, Electrical & Electronics, Adhesives, Others)
- Synthetic Glycerin
- Water Treatment Chemicals
- Pharmaceuticals
- Others
Regional Analysis
This section covers the regional outlook, which accentuates current and future demand for the Epichlorohydrin (ECH) market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
Global Epichlorohydrin (ECH) Market Share by Region (Representative Graph)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the Epichlorohydrin (ECH) market include Dow Chemical Company, Lotte Fine Chemical, and Shandong Haili Chemical Industry Co. Ltd., DAISO Co. Ltd., Aditya Birla Chemicals, Hanwha Chemical, Formosa Plastics, Kashima Chemical, Jiangsu Yangnong Chemical Group, Spolchemie AS, Momentive Specialty Chemical Industries (Hexion), Sumitomo Chemicals. This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
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