Epichlorohydrin (ECH) is a
colorless, organochlorine compound and an epoxide with a pungent smell.
ECH is produced from hydro chlorination of Allyl chloride. It is used in
the production of ion exchange resins, epoxy resins, glycerol, and elastomers,
and in pharmaceutical and chemical synthesis. Globally the ECH market is
balanced in terms of demand and supply. Asia-Pacific region is the major
producer and consumer of ECH. China alone contributes major share of the total
ECH demand globally. China is introducing new green technologies in the
production of ECH. Europe is the second largest consumer of ECH followed by the
U.S. and other regions. The global ECH market is expected to grow moderately.
To
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The ECH market is primarily driven
by new developments in polycarbonate and epoxy resin industries. The ECH
end-use demand is increasing due to technological development in electronics,
automobile, and construction sectors. Manufacturers are switching to the
production of bio-based ECH owing to higher demand of such a type of ECH,
because the end-use industries are adopting green technologies. The ECH market
is a consolidated one, as the top few manufacturers account for nearly 60% to
70% of the total ECH production. Thus, these market leaders are adopting a high
pricing strategy even if there is a decline in raw material prices.
Dow Chemical of the U.S. is the
market leader in ECH production followed by Hexion and Shandong Haili of China
and some others. Other companies participating in the ECH industry are NAMA
Chemicals, Shenzhen Asiatop Carnitine Technology, Tengzhou Rui Defeng Fine
Chemical, Solvay Chemicals, Zibo Aoerte Chemical, Qingdao E.S Chemical, and
Zibo Nature International Trading, etc.
This research report analyzes this
market depending on its market segments, major geographies, and current market
trends. Geographies analyzed under this research report include
- North America
- Asia Pacific
- Europe
- Rest of the World
This report provides comprehensive
analysis of
- Market growth drivers
- Factors limiting market growth
- Current market trends
- Market structure
- Market projections for upcoming
years
This report is a complete study of
current trends in the market, industry growth drivers, and restraints. It
provides market projections for the coming years. It includes analysis of
recent developments in technology, Porter’s five force model analysis and
detailed profiles of top industry players. The report also includes a review of
micro and macro factors essential for the existing market players and new
entrants along with detailed value chain analysis.
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