Bottom Article Ad

Wednesday, May 26, 2021

Global Epichlorohydrin Market to be Driven by the Increasing Manufacturers of Epoxy Resin in the Forecast Period of 2021-2026

The new report by Expert Market Research titled, ‘Global Epichlorohydrin Market Size, Share, Price, Trends, Growth, Report and Forecast 2021-2026’, gives an in-depth analysis of the global epichlorohydrin market, assessing the market based on its end-use and major regions. The report tracks the latest trends in the industry and studies their impact on the overall market. It also assesses the market dynamics, covering the key demand and price indicators, along with analyzing the market based on the SWOT and Porter’s Five Forces models.

Note 1: For a snapshot of the primary and secondary data of the market (2016-2026), along with business strategies and detailed market segmentation, please click on the request sample report. The sample report shall be delivered to you within 24 hours.

Get a Free Sample Report with Table of Contents – https://www.expertmarketresearch.com/reports/epichlorohydrin-market/requestsample

The key highlights of the report include:

Market Overview (2016-2026)

• Forecast CAGR (2021-2026): 3.5%
• Forecast Market Size (2026): USD 3.35 Billion

The growth in the global epichlorohydrin market is induced by the increasing demand for epoxy resins in multiple end industries and surge in production of automobile, as primarily it is used as a raw material for production of epoxy resin. Epoxy resins are majorly used in heavy-duty metal substrate paints and coatings. These are more environmentally friendly and use less energy than heat-cured coatings. Increase in spending power, lifestyle changes, strong industrialization, and an escalating population will drive the growth of the construction sector, driving up demand for paints and coatings.

Industry Definition and Major Segments

Epichlorohydrin is made up of organic bonds and chlorine and has an epoxy structure. The chemical is made by chlorohydrinating allyl chloride. It is a clear, colorless, volatile, and flammable liquid with an unpleasant odor.

Read Full Report with Table of Contents – https://www.expertmarketresearch.com/reports/epichlorohydrin-market

Based on type, the market is divided into:

• Petro Based
• Bio Based

Based on processes, the industry is segmented into:

• Allyl Chloride Route
• Allyl Alcohol Route
• Glycerine Route

Based on application, the market can be categorised as:

• Epoxy Resins
• Synthetic Glycerine
• Elastomers
• Water Treatment Chemicals
• Others

Based on end-use, the market is divided into:

• Paint and Coating
• Adhesives
• Textiles
• Pharmaceuticals
• Construction
• Others

On the basis of region, the market is divided into:

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East and Africa

Market Trends

Epichlorohydrin is used in a variety of industries, including automotive, pharmaceuticals, textiles, and electronics, and with these industries expanding specially in the emerging markets, the epichlorohydrin demand is anticipated to rise. Because epichlorohydrin is obtained from petroleum-based products, the epichlorohydrin industry is expected to expand as petroleum refining and exploration activities increase. However, this is a possible constraint as governments are enforcing strict rules to reduce reliance on nonrenewable energy sources, also consumers who want to steer clear of sources which are potentially harmful.

Key Market Players

The major players in the market are Solvay S.A., LOTTE Fine Chemical Co., Ltd., Olin Corporation, Aditya Birla Chemicals, Sumitomo Chemical Co. Ltd., and Nama Chemicals Company, among others. The report covers the market shares, capacities, plant turnarounds, expansions, investments and mergers and acquisitions, among other latest developments of these market players.

Related Reports:

Aluminium Fluoride Market: https://www.expertmarketresearch.com/reports/aluminium-fluoride-market

Monosodium Glutamate Market: https://www.expertmarketresearch.com/reports/monosodium-glutamate-market

Oryzanol Market: https://www.expertmarketresearch.com/reports/oryzanol-market

Aerogel Market: https://www.expertmarketresearch.com/reports/aerogel-market

Sebacic Acid Market: https://www.expertmarketresearch.com/reports/sebacic-acid-market

Nanocellulose Market: https://www.expertmarketresearch.com/reports/nanocellulose-market

Modacrylic Fibre Market: https://www.expertmarketresearch.com/reports/modacrylic-fibre-market

Oxo-Octyl Acetate Market: https://www.expertmarketresearch.com/reports/oxo-octyl-acetate-market

Europe Cumene Market: https://www.expertmarketresearch.com/reports/europe-cumene-market

Organic Peroxide Market: https://www.expertmarketresearch.com/reports/organic-peroxide-market

Note 2: As the novel coronavirus (COVID-19) continues to spread across the world, our analysts are constantly tracking the impact of this rapidly evolving situation on the markets and the consumer purchase behaviours. Thus, our latest estimates and analysis about the current market trends and forecast will exhaustively reflect the effects of this emerging pandemic.

About Us:

Expert Market Research is a leading business intelligence firm, providing custom and syndicated market reports along with consultancy services for our clients. We serve a wide client base ranging from Fortune 1000 companies to small and medium enterprises. Our reports cover over 100 industries across established and emerging markets researched by our skilled analysts who track the latest economic, demographic, trade and market data globally.

At Expert Market Research, we tailor our approach according to our clients’ needs and preferences, providing them with valuable, actionable and up-to-date insights into the market, thus, helping them realize their optimum growth potential. We offer market intelligence across a range of industry verticals which include Pharmaceuticals, Food and Beverage, Technology, Retail, Chemical and Materials, Energy and Mining, Packaging and Agriculture.

We also provide state-of-the-art procurement intelligence through our platform, https://www.procurementresource.com. Procurement Resource is a leading platform for digital procurement solutions, offering daily price tracking, market intelligence, supply chain intelligence, procurement analytics, and category insights through our thoroughly researched and infallible market reports, production cost reports, price analysis, and benchmarking.

Informes de Expertos (https://informesdeexpertos.com), the Spanish variant of Expert Market Research, is a platform that offers market research and consultancy services to a broad clientele base across Spanish speaking countries. With our primary focus on the Latin America and Spain markets, our research experts provide relevant and actionable insights into the markets and track major trends, economic developments, and global trade data.

Determined to bring client satisfaction, we make sure that our tailored approach meets the client’s unique market intelligence requirements. Our syndicated and customized research reports cover a wide spectrum of industries ranging from pharmaceuticals and food and beverage to packaging, logistics, and transportation.

Media Contact

Company Name: Expert Market Research
Contact Person: Mathew Williams, Business Consultant
Email: sales@expertmarketresearch.com
Expert Market Research
Toll Free Number: US +1-415-325-5166 | UK +44-702-402-5790
Address: 30 North Gould Street, Sheridan, WY 82801, USA
City: Sheridan
State: Wyoming
Country: United States
Website: https://www.expertmarketresearch.com

*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.

0 Comments:

Post a Comment