Epichlorohydrin (ECH) Market Trends 2014 To 2020 by Grand View Research, Inc.

Grand View Research, Inc: Global Epichlorohydrin Market,
Market Size, Application Analysis, Regional Outlook,
Competitive Strategies And Forecasts, 2014 To 2020
Growth of end-use industries such as paints & coatings and electrical &
electronics is expected to drive epichlorohydrin (ECH) market over the forecast
period. Major ECH applications include rubber, textiles, elastomers, papers,
papers & dyes, ion-exchange resins and agricultural products such as
fungicides, insecticides and bactericides Soaring ECH demand in emerging
economies of Asia Pacific such as China and India is expected to further
augment ECH market growth. ECH products include epoxy resins, synthetic
glycerin, water treatment chemicals and pharmaceuticals.
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Epoxy resins lead ECH market followed by synthetic resins. ECH caters to a
host of industries such as infrastructure, adhesives, composites and wind
turbine. Rapid growth in plastics industry coupled with increasing automobile
production is expected to complement rising epoxy resin application demand in
these industries. This factor is expected to fuel ECH market over the forecast
period. Ongoing capacity expansion in China is expected to result in
oversupply of ECH which in turn is anticipated to reduce profit margin of
industry participants. Swift shift of ECH production from petroleum based
propylene to bio based glycerin is expected to open new opportunities for
industry participant’s growth.

Asia Pacific was the major ECH regional market over the past few years. Over
the forecast period, countries in this region such as China, India, South Korea
and Taiwan are expected to witness highest growth rates owing to low capital
cost and inexpensive labor availability. ECH demand is expected to achieve
steady growth rates in developed economies of North America and Europe.
ECH demand is expected to be higher in countries of these regions such as U.S.,
UK and Germany. Emerging economies of Latin America such as Brazil and
Argentina are expected to witness considerable growth rate over the forecast
period.
Major companies operating in the global epichlorohydrin market include
Solvay, The Dow Chemical Co., Momentive Performance Materials, NAMA
Chemicals, Qingdao E.S. Chemical Co. Ltd., Samsung Fine Chemicals, Zibo
Nature International Co. Ltd. and Shandong Haili Chemical Industry Co. Ltd.
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About Grand View Research
Grand View Research, Inc. is a U.S. based market research and consulting
company, registered in the State of California and headquartered in San
Francisco. The company provides syndicated research reports, customized
research reports, and consulting services. To help clients make informed
business decisions, the company offers market intelligence studies ensuring
relevant and fact-based research across a range of industries including
technology, chemicals, materials, healthcare and energy.

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