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)
In August 2024, Dow Chemical revealed plans for a comprehensive upgrade to its propylene-based ECH production facilities, integrating state-of-the-art technologies to enhance operational efficiency and environmental sustainability
In July 2024, the U.S. Department of Energy published a paper highlighting the potential of innovative propylene processing technologies to significantly improve the sustainability of chemical production. The paper emphasized the need for increased research and development funding to advance these technologies, reflecting strong government backing for initiatives that could drive growth of the market
In February 2024, BASF announced a substantial investment in R&D to innovate a new generation of ECH derivatives. This effort aims to expand their product portfolio and address emerging needs in the pharmaceutical and agricultural industries.
2021, Hexion, Inc. formed a strategic partnership with a leading automobile manufacturer such as Ford Motor Company’s JEC (Ford F-150 Model) to provide high-performance ECH-based resins for advanced composites, underscoring the company's dedication to advancing its automotive applications