Growing demand for epichlorohydrin-based products such as epoxy resins from various end use industries such as building and construction, automotive, and renewable energy equipment is a key factor driving market revenue growth.
Market Size - USD 2,695.8 Million in 2020, Market Growth - CAGR of 4.4%, Market Trends - Rising focus and investments by major companies in manufacturing epichlorohydrin using bio-based such as glycerin-based material.
The global epichlorohydrin market size is expected to reach USD 3,870.9 Million in 2028, and register a CAGR of 4.4% during the forecast period. Growing adoption of epichlorohydrin (ECH) to manufacture various products and increasing focus of major companies in manufacturing ECH using renewable feedstock glycerin are some of the major factors expected to drive revenue growth of the global epichlorohydrin market.
Among the application segments, the epoxy resins segment accounted for the largest revenue share of 78.5% in the global epichlorohydrin market in 2020, owing to high demand for ECH-based epoxy resins from various end us e industries.
Market Size - USD 2,695.8 Million in 2020, Market Growth - CAGR of 4.4%, Market Trends - Rising focus and investments by major companies in manufacturing epichlorohydrin using bio-based such as glycerin-based material.
The global epichlorohydrin market size is expected to reach USD 3,870.9 Million in 2028, and register a CAGR of 4.4% during the forecast period. Growing adoption of epichlorohydrin (ECH) to manufacture various products and increasing focus of major companies in manufacturing ECH using renewable feedstock glycerin are some of the major factors expected to drive revenue growth of the global epichlorohydrin market.
Some Key Findings From the Report:
Among the application segments, the epoxy resins segment accounted for the largest revenue share of 78.5% in the global epichlorohydrin market in 2020, owing to high demand for ECH-based epoxy resins from various end us e industries.
- The Asia Pacific epichlorohydrin market size was USD 1,401.8 Million in 2020, due to rising demand and consumption of epichlorohydrin from various end use industries such as building and construction, and electronic manufacturing, among others.
- North America market accounted for the second-largest revenue share in the global epichlorohydrin market and is expected to register a steadily increasing revenue growth rate during the forecast period.
- Europe market is expected to follow the North America market in terms of revenue share. Factors such as presence of well-established and mature industries including automotive, and electrical and electronics, and high demand for ECH are expected to drive revenue growth of the epichlorohydrin market in the region.
- Key players profiled in the report include 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 and Spolchemie AS. The market players have adopted various strategies including mergers, acquisitions, partnerships, and new product developments, among other strategies, to stay ahead of the competition and expand market footprint.
For the purpose of this report, the global epichlorohydrin market is segmented on the basis of raw material, application, end use, and region:
Raw Material Outlook
- Bio-based
- Petro-based
Application Outlook
- Epoxy Resins
- Water Treatment Chemicals
- Synthetic Glycerin
- Pharmaceuticals
- Others
End Use Outlook
- Paints and Coatings
- Wind Turbine
- Composites
- Construction
- Adhesives
- Electrical and Electronics
- Others
Region Outlook
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- UK
- France
- Italy
- Spain
- Benelux
- Rest of Europe
- Asia Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia Pacific
- Latin America
- Brazil
- Rest of Latin America
- Middle East and Africa
- Saudi Arabia
- UAE
- South Africa
- Rest of Middle East & Africa
Reasons to Buy the Report
- A robust analysis and estimation of the Epichlorohydrin Market with four levels of quality check - in-house database, expert interviews, governmental regulation, and a forecast specifically done through time series analysis
- A holistic competitive landscape of the all the major players in the Epichlorohydrin Market. The report covers their market shares, strategic initiatives, new product launches, R&D expenditure, M&As, Joint ventures, expansionary plans, product wise metric space analysis and key developments
- Go-to-market strategies specifically formulated in line with location analysis which takes into the factors such as government regulations, supplier mapping, supply chain obstacles, and feedback from local vendors
- Most deep dive segmental bifurcation available currently in the market. Our stellar methodology helps us understand the overall gamut of the supply chain and will help you explain the current market dynamics
- Special focus given on vendor landscape, supplier portfolio, customer mapping, production capacity, and yearly capacity utilization
Table of Contents
Chapter 1. Market Synopsis
Chapter 2. Executive Summary
Chapter 4. Epichlorohydrin Market Segmentation & Impact Analysis
Chapter 5. Epichlorohydrin Market By Raw Materials Insights & Trends
Chapter 6. Epichlorohydrin Market By End-use Insights & Trends
Chapter 7. Epichlorohydrin Market By Application Insights & Trends
Chapter 8. Epichlorohydrin Market Regional Outlook
Chapter 9. Competitive Landscape
Chapter 10. Company Profiles
Companies Mentioned
- DAISO Co. Ltd.
- Aditya Birla Chemicals
- Hanwha Chemical
- Formosa Plastics
- Kashima Chemical
- Jiangsu Yangnong Chemical Group
- Spolchemie AS
- Momentive Specialty Chemical Industries
- Sumitomo Chemicals
- Spolchemie AS.
