Epichlorohydrin is an organochlorine compound majorly used in
the production of glycerol, plastics, epoxy glues and resins, and elastomers.
Major chunk of the epichlorohydrin produced annually is employed in the
production of synthetic glycerin. It is used as an intermediate in chemical
synthesis; however, it is not available as a consumer good or commodity. It is
a colorless liquid with a characteristic chloroform-like odour that is
manufactured using chlorine, propylene and milk of lime as raw materials.
Epichlorohydrin is poorly soluble in water. Epichlorohydrin can be manufactured
through the allyl chloride route in two steps: addition of hypochlorous acid
and reaction with base to give epoxide. In the other method, epichlorohydrin is
reacted with bisphenol A diglycidyl ether to obtain resins and polymers that
are employed in end-user industries such as pharmaceutical and personal care.
Browse the
full "Epichlorohydrin
(ECH) (Propylene and Glycerin) Market for Electronics & Electrical; Paints
& Coatings; Adhesives; Water Treatment Pulp & Paper; Textiles; and
Other Applications: Global Industry Perspective, Comprehensive Analysis and
Forecast, 2014 – 2020" report at http://www.marketresearchstore.com/report/epichlorohydrin-market-z52697
Increasing demand for epoxy resins from industries such as
paints & coatings, agrochemicals and textiles is expected to drive the
demand for the epichlorohydrin over the next few years. In addition, growing
demand for synthetic glycerin in various applications is expected to fuel the
demand for epichlorohydrin further. However, presence of stringent regulations
on the usage of epichlorohydrin owing to its harmful effects on health and
environment is likely to curb the demand for epichlorohydrin in the near
future. Nonetheless, increase in the production of bio-based epichlorohydrin is
expected to open growth avenues for the epichlorohydrin market over the years.
The epichlorohydrin market is segmented by its raw materials
viz. propylene and glycerin. Traditionally, epichlorohydrin is majorly produced
via petro-based feedstock propylene. However, companies have started
focusing on using glycerin which in turn is slowing replacing propylene. The
increasing availability of bio-based glycerin from biodiesel production is
making bio-based epichlorohydrin production possible. Thus, glycerin is expected
to be the fastest growing raw material segment of the market within the
forecast period.
The epichlorohydrin market is segmented into applications such
as adhesives, paper & pulp, textiles, water treatment, electronics &
electrical, and others. Paints & coatings dominated the epichlorohydrin
market in 2014 owing to the growing demand for epichlorohydrin based anti
corrosion coatings in the automobile industry. Electronics & electrical
application segment witnessed tremendous growth in the market in 2014 and
accounted for more than 18% share in the market. Moreover, applications such as
textiles, adhesives etc are expected to grow at an above average rate within
the forecast period.
Asia Pacific was the largest regional market of epichlorohydrin
in 2014, owing to high demand for epichlorohydrin based products in China and
India. Currently, China accounts for the major chunk of the global
epichlorohydrin market. Asia Pacific is also the fastest growing region for
epichlorohydrin market owing to the increasing demand for epichlorohydrin
in South Korea and Taiwan. This trend is expected to continue within the
forecast period. Europe followed Asia Pacific in terms of epichlorohydrin demand in
2014. The demand for epichlorohydrin in Europe is ascribed to its increasing
demand in paints & coating applications in Germany and France.
Regulatory concerns regarding the harmful effects of ECH on health and
environment and decreasing profit margins of manufacturers are estimated to
hamper the ECH market in the near future in the North America.Thus, North
America is expected to witness average growth in the near future.
Some of the key participants in the epichlorohydrin market are
Sumitomo Chemical Co., Ltd., Solvay, Aditya Birla Chemicals , Osaka Soda ,
Spolchemie A.S., Shandong Haili Chemical Industry Co. Ltd, Samsung Fine
Chemicals Co. Ltd, The Dow Chemical Company, Jiangsu Yangnong Chemical Group
Co., and Hexion Inc.The epichlorohydrin market is consolidated in nature.
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3422 SW 15 Street,Suit #8138
Deerfield Beach,Florida 33442
United States
Toll Free: +1-855-465-4651 (USA-CANADA)
Tel: +1-386-310-3803
Email: sales@marketresearchstore.com
Website: http://www.marketresearchstore.com