EPICHLOROHYDRIN (ECH) MARKET SIZE AND SHARE ANALYSIS - GROWTH TRENDS AND FORECASTS (2024 - 2031)

Epichlorohydrin (ECH) Market, By Application (Epoxy Resins, Synthetic Glycerin, Water Treatment Chemicals, and Others), By End-use Industry (Automotive, Construction, Electronics, Healthcare, and Others), By Geography (North America, Latin America, Asia Pacific, Europe, Middle East, and Africa)

Published In : Dec 2024
Code : CMI7578
Pages :110
Formats :
Excel and PDF
Industry : Bulk Chemicals

Key Takeaways from Analyst

The epoxy resins application segment currently dominates the market and is likely to maintain its leading position over the forecast period. Epoxy resins synthesized using ECH find wide usage in industrial coatings, composites, adhesives, and electrical laminates.

Asia Pacific is projected to be the fastest growing as well as the largest regional market owing to buoyant demand from China and India. Both countries are major consumers as well as producers of ECH globally. Rising construction activities in the region are also pushing the usage of epoxy resins and adhesives. North America are relatively mature markets but will continue exhibiting steady gains due to growing end-use industries.

Stringent environmental regulations concerning the production and usage of ECH may act as a restraint. However, manufacturers are increasingly investing in R&D to develop eco-friendly production processes. Availability of raw materials is another challenge as ECH is primarily derived from epichlorohydrin obtained from propylene.