Global Epichlorohydrin Market Size is estimated to expand rapidly in the coming years, at a CAGR of 5.3 % from 2017 to 2025. In 2017, the global market valuation was USD 2.23 billion, and it is anticipated to be greater than USD xx.xx billion by 2025. The global market is expected to witness high boost in developing economies such as the Asia Pacific, and North America by cause of increased focus on the globalization of market across the region.
Global Market Growth Opportunities (Revenue, Growth) By 2018-2025
This global market study report analysis offers in-depth insights, revenue details, and other vital information regarding the global epichlorohydrin market, and the various trends, drivers, restraints, opportunities, and threats in the target market till 2025. The report offers insightful and detailed information regarding the various key players operating in the market, their financials, supply chain trends, technological innovations, key developments, apart from future strategies, acquisitions & mergers, and market footprint. The global epichlorohydrin market report has been segmented on the basis of type, application, and region. It includes the estimation of the market size, in terms of value, with respect to 4 main geographies, namely, North America, Europe, APAC, and RoW.
By Application Insights:
This market is focusing based on application textiles, water treatment chemicals, epoxy resins, synthetic glycerin, and pharmaceuticals. Epichlorohydrin is used in the textile sector to alter carboxyl wool groups. The resulting product has a longer and better moth resistance. It is also used to produce wooly protein-modified fibers, which are acid dyes-related and have mold and insect resistance. In the preparation of dyeing polypropylene fibers and polyolefin dyeing fibers, polyacrylonitriles, polyvinyl chloride, polyvinyl is alcohol, and other fibers, epichlorohydrin is also used. It is also used to convey resistance to wrinkles and to produce anti-static substances and textile sizing. Its derivatives are useful as leveling, dispersion, softening, emulsification, and washing substances.
By Raw Material Insights:
Petro-based and bio-based is a raw material type of epichlorohydrin. Bio-based epichlorohydrin is produced through an innovative glycerol-based patented process. Glycerol is a biodiesel and oleochemicals by-product and a renewable feedstock. Compared to fossil fuel propylene epichlorohydrin, it offers significant environmental advantages. It offers a 61 % reduction in global warming potential, and a 57 % decrease in energy consumption, with 100 % renewable carbon production. Its uses include epoxy resins, cationic reagent, and chemicals from paper.
The global epichlorohydrin market is divided into regions that are North America - U.S, Canada, Other; Asia-Pacific -India, Japan, China, Australia, Other; Europe - UK, Russia, France, Brazil, Other; Middle East and Africa. Every region analysis details in sense of growth, revenue, volume, challenges, and opportunities with the regional and global key players. Canada also played a significant part in North America's sealers industry. In the future, the use of pavement and coal tar sealers will probably grow steadily in the nation. As there is no legislation or bans on the use of carbon tar sealers in Canada presently, this industry is anticipated to grow steadily in the years to come. In Canada, the supply for sealants comes from the application section driveway & parking spaces, the section paving, and blocks are expected to also be significantly growing. The Asia Pacific was the greatest regional market with a worldwide volume share. The presence of emerging countries, like China, Taiwan, and Malaysia, was the main reason for domination, and these countries are one of the leading epichlorohydrin consumers. In India and Taiwan, demand from the end uses industries, including construction and electronics manufacturing, which is forecast to grow rapidly in the coming years. The growth of petroleum refining businesses and increased demand for epoxy resins in these regions will also stimulate market growth. The North America epichlorohydrin market will increase decently over the forecast period.
Global Epichlorohydrin Market Size, Share Analysis By Region 2018
Global Epichlorohydrin Market Study Objective
1. To forecast the market size of the epichlorohydrin market in terms of quantity and income as well as market possibilities for shareholders, along with defining and identifying the market, in order to provide a competitive landscape for worldwide market players.
2. Epichlorohydrin market analysis and forecast based on region, substratum, and implementation or end-use industries. Profiling significant market players and comprehensively analyzing their market stocks and vital skills.
3. To evaluate and elaborate important variables that will have an important effect on edge analytics market growth, such as drivers, constraints, difficulties, and prospects.
4. Epichlorohydrin market regional assessment to stimulate the size of the market of five main worldwide areas, including Europe, North America, South America, Middle East & Africa, and the Asia Pacific.
5. Strategic assessment of micro markets in terms of individual prospects, possibilities, trends in development and general market participation.
6. To provide a detailed examination of competitive and strategic trends on the epichlorohydrin market such as a fresh product launch, partnership & contract, investment & development, and mergers & acquisitions of companies.
Key Players Landscape
Solvay SA, Dow Chemical Company, Lotte Fine Chemical, Shandong Haili Chemical Industry Co Ltd., Sumitomo Chemicals, Aditya Birla Chemicals, Nama Chemicals, Spolchemie AS, Kashima Chemical, Hanwha Chemical, Yee Fong Chemical & Industrial Co., Ltd., and others are some of the key players in the market of epichlorohydrin. Not only are industries struggling with the value and advancement of products, but they are also focusing on major steps to achieve higher business stocks, such as fusions and purchases.
Global Epichlorohydrin Market Study Report Offer You!
The global market study report gives an idea about market size, share, stock, equity, investment and total price analysis. Also, the report provides comprehensively industry insights with all major factors such as market credit, allocation, demand, distribution, market scope, key players, end-user & applications, provisions, livestock, commodities and industry economics analysis, future growth & forecast. The global market report includes all depth data like pre-market emphasis, market survey, market investment, industry advice, portfolio, finance, access, trade, market exploration, industry review and market predication & projection to develop effective strategies for optimizing their market position.
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