Epichlorohydrin Market by End-user and Geography - Forecast and Analysis 2021-2025

  • Published: Jul 2021
  • Pages: 120
  • SKU: IRTNTR45102
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The epichlorohydrin market has the potential to grow by USD 619.47 million during 2021-2025, and the market’s growth momentum will accelerate at a CAGR of 3.77%.

This epichlorohydrin market research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers market segmentation by end-user (paints and coatings, electronics and electrical, adhesives, dyes and pigments, and others), application (paints and coatings, electronics and electrical, adhesives, dyes and pigments, and others), and Geography (APAC, Europe, North America, South America, and MEA). The epichlorohydrin market report also offers information on several market vendors, including Aditya Birla Management Corp. Pvt. Ltd., Daiso Chemical (Thailand) Co. Ltd, Hanwha Group, Hexion Inc., Jiangsu Yangnong Chemical Group Co. Ltd., Kashima Chemical Co. Ltd., Olin Corp., OSAKA SODA CO. Ltd., Spolchemie AS, and Sumitomo Corp. among others.

What will the Epichlorohydrin Market Size be in 2021?

Epichlorohydrin-Market-Market-Size-2020-2025

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Epichlorohydrin Market: Key Drivers and Trends

Based on our research output, there has been a neutral impact on the market growth during and post COVID-19 era. The increasing demand for epichlorohydrin in paints and coatings segment is notably driving the epichlorohydrin market growth, although factors such as epichlorohydrin manufacturers worldwide face stiff competition from Chinese manufacturers may impede market growth. To unlock information on the key market drivers and the COVID-19 pandemic impact on the epichlorohydrin market industry get your FREE report sample now.

  • The automotive industries extensively use epichlorohydrin-based anticorrosion coatings resulting in the high demand for epichlorohydrin in paints and coatings segment. The segment increasingly invests in the formation of epoxy resins using epichlorohydrin and bisphenol A.
  • Vendors are introducing eco-friendly technologies such as the epicerol technology to produce epichlorohydrin. The technique involves the formation of epichlorohydrin using biomaterials or natural products.
  • The increasing demand for epichlorohydrin in paints and coatings segment is one of the major factors driving epichlorohydrin market growth. 
  • The rising awareness among consumers about the harmful effects of propylene on the environment and the benefits of using bio-based products is driving the popularity of bio-based methods.
  • The adoption of bio-based methods to produce epichlorohydrin over synthetic methods is one of the key trends that will gain traction in the global epichlorohydrin market throughout the estimated period.
  • The production of epichlorohydrin from glycerin is increasing with the rising investment in R&D activities.

Get detailed insights on the trends and challenges,

This epichlorohydrin market analysis report provides further information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. Detailed qualitative analysis of trends and challenges will help companies evaluate and develop growth strategies.

Epichlorohydrin Market Scope

Report Coverage

Details

Page number

120

Base year

2020

Forecast period

2021-2025

Growth momentum & CAGR

Accelerate at a CAGR of 4%

Market growth 2021-2025

$ 619.47 million

Market structure

Fragmented

YoY growth (%)

3.34

Regional analysis

APAC, Europe, North America, South America, and MEA

Performing market contribution

APAC at 66%

Key consumer countries

China, US, South Korea (Republic of Korea), Japan, and UK

Competitive landscape

Leading companies, competitive strategies, consumer engagement scope

Companies profiled

Aditya Birla Management Corp. Pvt. Ltd., Daiso Chemical (Thailand) Co. Ltd, Hanwha Group, Hexion Inc., Jiangsu Yangnong Chemical Group Co. Ltd., Kashima Chemical Co. Ltd., Olin Corp., OSAKA SODA CO. Ltd., Spolchemie AS, and Sumitomo Corp.

Market Dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, market condition analysis for forecast period,

Customization purview

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Who are the Major Epichlorohydrin Market Vendors?

The report analyzes the market’s competitive landscape and offers information on several market vendors, including:

 

  • Aditya Birla Management Corp. Pvt. Ltd.
  • Daiso Chemical (Thailand) Co. Ltd
  • Hanwha Group
  • Hexion Inc.
  • Jiangsu Yangnong Chemical Group Co. Ltd.
  • Kashima Chemical Co. Ltd.
  • Olin Corp.
  • OSAKA SODA CO. Ltd.
  • Spolchemie AS
  • Sumitomo Corp.

 

The epichlorohydrin market is fragmented and the vendors are deploying growth strategies such as the introduction of advanced products to compete in the market. Click here to uncover other successful business strategies deployed by the vendors. 

To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

Download a free sample of the epichlorohydrin market forecast report for insights on complete key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies. 

Which are the Key Regions for Epichlorohydrin Market?

Epichlorohydrin-Market-Market-Share-by-Region-2020-2025

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66% of the market’s growth will originate from APAC during the forecast period. China, South Korea (Republic of Korea), and Japan are the key markets for epichlorohydrin market in APAC. Market growth in this region will be faster than the growth of the market in other regions.

Factors such as the rising demand for epichlorohydrin from various end-use industries such as automotive, electronics, textiles, pharmaceuticals, and construction will facilitate the epichlorohydrin market growth in APAC over the forecast period. To garner further competitive intelligence and regional opportunities in store for vendors, view our sample report.

What are the Revenue-generating End-user Segments in the Epichlorohydrin Market?

Epichlorohydrin-Market-Market-Share-by-End-2020-2025

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The paints and coatings segment is witnessing an increasing demand for epichlorohydrin epoxy resins, which is derived from epichlorohydrin. Epoxy resins are used for manufacturing paints and coatings to provide high protection. They also exhibit high resistance towards weather conditions and water. Epoxy resin-based coatings are extensively preferred for major applications in the industrial as well as automotive segments because they have more importance in comparison to enamel paints and coatings.

Fetch actionable market insights on post COVID-19 impact on each segment. This report provides an accurate prediction of the contribution of all the segments to the growth of the epichlorohydrin market size.

What are the Key Factors Covered in this Epichlorohydrin Market Report?

  • CAGR of the market during the forecast period 2021-2025
  • Detailed information on factors that will drive epichlorohydrin market growth during the next five years
  • Precise estimation of the epichlorohydrin market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the epichlorohydrin market industry across APAC, Europe, North America, South America, and MEA
  • A thorough analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of epichlorohydrin market vendors

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Research Framework

Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

TechnavioINFORMATION SOURCES

Primary sources

  • Manufacturers and suppliers
  • Channel partners
  • Industry experts
  • Strategic decision makers

Secondary sources

  • Industry journals and periodicals
  • Government data
  • Financial reports of key industry players
  • Historical data
  • Press releases
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TechnavioDATA ANALYSIS

Data Synthesis

  • Collation of data
  • Estimation of key figures
  • Analysis of derived insights

Data Validation

  • Triangulation with data models
  • Reference against proprietary databases
  • Corroboration with industry experts
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TechnavioREPORT WRITING

Qualitative

  • Market drivers
  • Market challenges
  • Market trends
  • Five forces analysis

Quantitative

  • Market size and forecast
  • Market segmentation
  • Geographical insights
  • Competitive landscape
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The epichlorohydrin market growth will increase by $489.80 million during 2019-2024.
The epichlorohydrin market is expected to grow at a CAGR of 2.98% during 2019-2024.
Technavio has segmented the epichlorohydrin market by end user (Paints and coatings, Electronics and electrical, Adhesives, Dyes and pigments, and Others) and geographic (APAC, Europe, North America, South America, and MEA).
Aditya Birla Management Corp. Pvt. Ltd., Formosa Plastics Corp., Hanwha Group, Hexion Inc., Kashima Chemical Co. Ltd., Olin Corp., OSAKA SODA CO. Ltd., Solvay SA, Spolchemie AS, Sumitomo Chemical Co. Ltd. are a few of the key vendors in the epichlorohydrin market.
APAC will register the highest growth rate of 62.25% among the other regions. Therefore, the epichlorohydrin market in APAC is expected to garner significant business opportunities for the vendors during the forecast period.
  • China
  • US
  • South Korea (Republic of Korea)
  • Japan
  • UK
  • Germany
The key factors driving the epichlorohydrin market growth are:
  • Increasing consumption of epoxy resins in various industries
The epichlorohydrin market vendors should focus on grabbing business opportunities from the paints and coatings segment as it accounted for the largest market share in the base year.
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