Title: Epichlorohydrin (ECH) Market - Global Market Trends & Forecast To 2017
1MarketsandMarkets Presents
- Epichlorohydrin (ECH) Market
- Global Market Trends Forecast To 2017
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2- The increasing demand of Epichlorohydrin in China
and growth in the end-user segments such as paint
and electronic industry are key factors to drive
the global market. Epoxy resin is the main
application which consumes a large part of ECH.
Properties of epoxy resin make it suitable for
wide variety of applications such as paints,
electrical electronics, construction, wind
turbine, composites, adhesives, and others.
Since, epoxies have the largest share in
applications growth of the epoxy resin industry
will ultimately contribute to the growth of the
industry. - Most of the companies are the captive producers
of Epichlorohydrin and utilize entire market
produced for epoxy resin manufacturing. Top
players such as Dow Chemical Company (U.S.),
Formosa Plastics, and Momentive Performance
Materials Inc. are captive producers.
3-
- http//www.marketsandmarkets.com/Market-Reports/ep
ichlorohydrin-market-936.html - The ECH consumption is estimated to be 1,520 kilo
tons in 2012 and will grow by 4.8 annually till
2017. It has wide range of applications from
epoxy resins, synthetic glycerin, water treatment
resins, pharmaceuticals and others
(epichlorohydrin-based rubber, textiles, papers,
inks, dyes, ion exchange resins, agricultural
products such as insecticides, bactericides, and
fungicides).
4- Asia-Pacific is identified as the largest market
as well as the highest growing in the next five
years among all regional markets. After
Asia-Pacific, Europe and North America regions
accounted for the second and third largest market
share, respectively for ECH consumption. - Major players of Epichlorohydrin market are Dow
Chemical Company (U.S.), Shandong Haili Chemical
Industry Co. Ltd (Haili) (China), Solvay SA
(Belgium), Momentive Performance Materials Inc.
(U.S.), Jiangsu Yangong (China), Formosa Plastics
Group (Thailand), Xinyue (China), Daisco (Japan),
and Samsung Fine Chemicals (South Korea). The
growing demand for ECH globally has prompted most
of the companies to expansions, increase
production capacities to improve their market
share.
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