Global Epichlorohydrin (ECH) Market Size By Feedstock, By Application, By End User, By Geographic Scope And Forecast
Epichlorohydrin (ECH) Market Size And Forecast
Epichlorohydrin (ECH) Market was valued at USD 2.50 Billion in 2019 and is projected to reach USD 3.67 Billion by 2027, growing at a CAGR of 4.9% from 2020 to 2027.
Global Epichlorohydrin (ECH) Market Outlook
The primary use of Epichlorohydrin is its production of epoxy resins which acts as a key driver for the Global Epichlorohydrin Market since epoxy resins are used in the manufacture of a variety of materials in the Building and Construction Industry such as adhesives, paints, coatings, primers, plastics, sealants and other products.
Typically companies used petroleum-based feedstock in the production of Epichlorohydrin, but recently there has been a sharp increase in the production of Epichlorohydrin from glycerin which is bio-based making it environmentally friendly. This will increase the growth of the Global Epichlorohydrin Market. Along with this new technology that is being introduced can also help the growth of the market.
Verified Market Research narrows down the available data using primary sources to validate the data and use it in compiling a full-fledged market research study. The report contains a quantitative and qualitative estimation of market elements which interests the client. The Global Epichlorohydrin(ECH) Market is mainly bifurcated into sub-segments which can provide a classified data regarding latest trends in the market.
Global Epichlorohydrin (ECH) Market Competitive Landscape
The Global Epichlorohydrin (ECH) Market study report will provide a valuable insight with an emphasis on the global market including some of the major players such as The Dow Chemical Company, NAMA Chemicals, Aditya Birla Chemicals, Solvay Chemical SA, Shandong Haili Chemical Industry Co., and Spolchemie AS.
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