Press Release / Industry / Epichlorohydrin (ECH) Market Estimation By Applications (2016) - Paint, Dies, Electronics Industry

Epichlorohydrin (ECH) Market Estimation By Applications (2016) - Paint, Dies, Electronics Industry

The ECH consumption is estimated to be 1,520 kilo tons in 2012 and will grow by 4.8% annually till 2017. It has wide range of applications from epoxy resins, synthetic glycerin, water treatment resins, pharmaceuticals and others (epichlorohydrin-based rubber, textiles, papers, inks, dyes, ion exchange resins, agricultural products such as insecticides, bactericides, and fungicides).
Traditionally, epichlorohydrin (ECH) is being produced through petro-based feedstock, i.e. from propylene. However, companies have started using glycerin which is slowly replacing propylene. Glycerin is a bio-based feedstock and can be obtained easily as byproduct from biodiesel production. The increasing availability of bio-based glycerin from biodiesel production makes it possible to produce bio-based epichlorohydrin.
Download PDF link: http://bit.ly/1wX07yX
Key content of this market:
The increasing demand of Epichlorohydrin in China and growth in the end-user segments such as paint and electronic industry are key factors to drive the global market. Epoxy resin is the main application which consumes a large part of ECH. Properties of epoxy resin make it suitable for wide variety of applications such as paints, electrical & electronics, construction, wind turbine, composites, adhesives, and others. Since, epoxies have the largest share in applications; growth of the epoxy resin industry will ultimately contribute to the growth of the industry.
Get more information:
http://www.marketsandmarkets.com/Market-Reports/epichlorohydrin-market-936.html

ECH is mainly used as a raw material in the manufacture of epoxy resins which finds extensive application in various industries such as paints, electrical & electronics, construction and wind turbines. The rapid growth of these end-user industries will drive the overall growth of ECH industry.
Generally, the ECH production process uses propylene as major raw material. Due to industry trends which are favoring the use bio-based products, ECH manufacturers are shifting towards the usage of glycerin-based ECH. Several companies such as U.S-based Dow Chemical Company, Belgium’s Solvay SA, South Korea headquartered Samsung Fine Chemical, and many Chinese companies have already started using renewable feedstock glycerin to produce ECH.
U.S-based Dow Chemical Company dominates the ECH market leading the other market players such as China’s Shandong Haili Chemical Industry Co. Ltd and Belgium-based Solvay SA by a significant margin. Around 74% of the market share is captured by top ten companies producing ECH. Several small players also exist in the ECH market.
This report forecasts volume and revenue of the global ECH market and its various submarkets with respect to main regions such as Americas, Europe, Asia-Pacific, Latin America, and Rest of the world. Major countries such as China, U.S., Taiwan, Germany, etc. were also analyzed.