Global Epichlorohydrin Market Expected to Rise 2,262.8 Kilo Tons by 2020: A to Z Research
Epichlorohydrin (ECH) (Propylene and Glycerin) Market for Electronics & Electrical; Paints & Coatings; Adhesives; Water Treatment Pulp & Paper; Textiles; and Other Applications: Global Industry Perspective, Comprehensive Analysis and Forecast, 2014 – 2020
Sarasota, FL -- (SBWire) -- 11/09/2016 --The report covers forecast and analysis for the Epichlorohydrin market on a global and regional level. According to the report, the global epichlorohydrin market accounted for approximately 1,512.0 kilo tons in 2014 and is expected to reach approximately 2,262.8 kilo tons by 2020, growing at a CAGR of around 4.3% between 2015 and 2020.The study includes drivers and restraints for the epichlorohydrin market along with the impact they have on the demand over the forecast period. Additionally, the report includes the study of opportunities available in the epichlorohydrin market on a global level.
Burgeoning demand for epoxy resins from paints & coatings industry is expected to drive the demand for the epichlorohydrin over the next few years. Moreover, rising demand for synthetic glycerin in various applications may fuel the demand for epichlorohydrin further. Epichlorohydrin harms health and environment tremendously. Thus, there are stringent mandates on the usage of epichlorohydrin in high dosages which in turn is expected to hamper the market growth in the near future. Nonetheless, increase in the production of bio-based epichlorohydrin is expected to open growth avenues for the epichlorohydrin market.
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In order to give the users of this report a comprehensive view on the epichlorohydrin market. To understand the competitive landscape in the market, an analysis of Porter's Five Forces model for the epichlorohydrin market has also been included. The study encompasses a market attractiveness analysis, wherein raw material segments are benchmarked based on their market size, growth rate and general attractiveness.
Traditionally, epichlorohydrin is majorly produced via petro-based feedstock propylene. However, companies have started focusing on using glycerin which in turn is slowing replacing propylene. Glycerin is expected to be the fastest growing raw material segment of the market within the forecast period as it used in the production of bio-based epichlorohydrin.
Paints & coatings dominated the epichlorohydrin market in 2014 owing to the growing demand for epichlorohydrin based anti corrosion coatings in the automobile industry. Electronics & electrical application segment witnessed tremendous growth in the market in 2014 and accounted for more than 18% share in the market. This trend is expected continue in the near future. Moreover, applications such as textiles, adhesives etc are expected to witness modest growth within the forecast period owing to its extensive usage in chemical synthesis.
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The study provides a decisive view on the epichlorohydrin market by segmenting the market based on raw material, application and regions. All the segments have been analyzed based on present and future trends and the market is estimated from 2014 to 2020. Based on raw material, the epichlorohydrin market has been segmented into propylene and glycerin. Key applications segment include adhesives, paper & pulp, textiles, water treatment, electronics & electrical, and others. The regional segmentation includes the current and forecast demand for North America, Europe, Asia Pacific, Latin America and Middle East and Africa with its further bifurcation into major countries including U.S. Germany, France, UK, China, Japan, India and Brazil.
The report also includes detailed profiles of end players such as Sumitomo Chemical Co., Ltd., Solvay, Aditya Birla Chemicals, Osaka Soda , Spolchemie A.S., Shandong Haili Chemical Industry Co. Ltd, Samsung Fine Chemicals Co. Ltd, The Dow Chemical Company, Jiangsu Yangnong Chemical Group Co., and Hexion Inc. The detailed description of players includes parameters such as company overview, financial overview, business and recent developments of the company.
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This report segments the global epichlorohydrin market as follows:
Global Epichlorohydrin Market: Raw Material Segment Analysis
Global Epichlorohydrin Market: Application Segment Analysis
Electronics & Electrical
Paints & Coatings
Water Treatment Pulp & Paper
Global Epichlorohydrin Market: Regional Segment Analysis
Middle East and Africa
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