Title: Epichlorohydrin Market - Forecast(2022 - 2027)
1Epichlorohydrin Market - Forecast(2022 - 2027)
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- Epichlorohydrin Market is forecast to reach 3.14
billion by 2025, after growing at a CAGR of
5.1 during 2020-2025. - Epichlorohydrin is a colorless, clear,
flammable, volatile liquid with bitter odor used
as a raw material for epoxy resin production, and
has a wide range of application in numerous
end-use industries which include paints
coatings, building construction, and
electronics electrical systems. - Furthermore, employment of new eco-friendly
technologies by manufacturers for the production
of epichlorohydrin will create new opportunities
for the growth of the global epichlorohydrin
industry in the forecast era.
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- Key Takeaways from this Report
- Increased automotive demand in the Asia Pacific
region due to growing disposable income,
government investments, simple financing
alternatives, and initiatives to support the
regional automotive industry, increasing the
region's automotive manufacturing base will push
the global epichlorohydrin market. - Growing private and public non-residential
expenditure as a result of expanded job
opportunities boosts the prospects for growth of
epoxy resins, thereby benefiting the demand for
epichlorohydrin (ECH) over the forecast period.
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- By Distribution Channel- Segment Analysis
- Petro-Based feedstock held the largest share in
epichlorohydrin market in 2019. Epichlorohydrin
(ECH) is historically produced via petro-based
feedstock. The conventional way of producing
epichlorohydrin is a multi-step process based on
propylene, which is obtained petro chemically. At
present, approximately 85 per cent of industrial
ECH demand is still met by traditional propylene
high-temperature reaction with chlorine followed
by hydrolysis. Epichlorohydrin is an organic
chemical raw material with broad applications,
and an intermediate chemical component.
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- Epichlorohydrin Market Industry Outlook
- Solvay S.A.
- Zachem SA
- Samsung Fine Chemicals Co., Ltd.
- Dow Chemical Company
- Sumitomo Chemical Co.
- Aditya Birla Chemicals
- Osaka Soda Co., Ltd.
- Formosa Plastics Corporation
- Shandong Haili Chemical Industry Co. Ltd., and
NAMA Chemicals
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Epichlorohydrin Market - Forecast(2022 -
2027) Learn More About the Report _at_
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ohydrin-market.html
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- Analyst Briefing
- Data Tables
- Key Contacts
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