The global epichlorohydrin market is forecast to grow at a CAGR of 3.72% during the period 2017-2021.
The report, Global Epichlorohydrin Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
The latest trend gaining momentum in the market is bio-based methods replacing synthetic methods. The availability of glycerine as a byproduct from biodiesel production has influenced the development of technologies that use glycerine as a raw material to produce value-added products, such as epichlorohydrin. The conventional method used propylene and chlorine to produce epichlorohydrin. Glycerine can also be reacted with hydrochloric acid (HCl) to form an intermediate called dichlorohydrin, which can be converted into epichlorohydrin. The cost of glycerine is very high compared with propylene.
According to the report, one of the major drivers for this market is the low cost of raw materials and labor. The cost of raw materials required for the production of epichlorohydrin is less compared with bisphenol A (BPA). Bisphenol A is synthesized by the reaction of phenol and acetone. These starting materials, phenol and acetone, are abundantly and readily available compared with the synthesis of epichlorohydrin that is produced through chlorohydrination, which is a three-step process. High temperature conditions are also required during the reaction. The labor cost is low in many regions, especially in APAC. This is because developing countries, such as China and India, have a huge population and many unemployed individuals. Thus, many individuals are willing to work for low wages.
- Shandong Haili Chemical Industry
- Sumitomo Chemical
- The Dow Chemical Company
Other prominent vendors
- Aditya Birla Chemicals
- Formosa Plastics
- Hanwha Chemical
- Jiangsu Yangnong Chemical Group
- Kashima Chemical
- NAMA Chemicals
- Samsung Fine Chemicals
- Tianjin Bohai Chemical Industries
Key Topics Covered:
Part 01: Executive Summary
Part 02: Scope Of The Report
Part 03: Research Methodology
Part 04: Introduction
Part 05: Market Landscape
Part 06: Market Segmentation By End-User
Part 07: Geographical Segmentation
Part 08: Decision Framework
Part 09: Drivers And Challenges
Part 10: Market Trends
Part 11: Vendor Landscape
Part 12: Key Vendor Analysis
Part 13: Appendix
For more information about this report visit https://www.researchandmarkets.com/research/v8qj84/global