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Published Date: 2016-03-22Number of Pages: 190

Epichlorohydrin (ECH) Market by Raw Materials (Propylene and Glycerin) for Paints & Coatings; Electronics & Electrical; Adhesives; Paper, Inks & Dyes; Textiles; Water Treatment; and Other End-users - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 - 2023

ECH is a chemical containing epoxy and chlorine element. It has characteristics such as moderate solubility in water, chiral nature, and miscibility in polar solvents owing to which it is used to manufacture epoxy resins and glues, plastics, glycerols, and elastomers. It is manufactured using glycerin and propylene as raw materials. Using propylene as feedstock, allyl chloride and allyl alcohol routes are employed to produce ECH. It can be manufactured through the allyl chloride route in two steps: addition of hypochlorous acid and reaction with base to give epoxide. In the other method, ECH is reacted with bisphenol A diglycidyl ether to obtain resins and polymers that are employed in end-user industries such as pharmaceutical and personal care. ECH is employed in end-user industries such as paints & coatings, textiles, electrical & electronics, agrochemicals etc. 

Asia Pacific was the largest producer and consumer of ECH in 2014, owing to high demand for ECH-based products in China. Currently, China accounts for more than one-third of the global ECH market. In terms of volume, Asia Pacific is also the fastest growing region for ECH market owing to the rising demand for ECH in South Korea and Taiwan. Europe was the second-largest consumer of ECH in 2014. This can be ascribed to the increasing demand for this material in paints & coating applications in Germany. The ECH market in North America is anticipated to expand at a modest rate during the forecast period. However, regulatory concerns regarding the harmful effects of ECH on health and environment and decreasing profit margins of manufacturers are estimated to hamper the ECH market in the near future in the North America. 
Paints & coatings was the largest end-user application of ECH market in 21014, owing to significant demand of ECH-based anti-corrosion coatings from the automobile market. Electronics & electrical accounted for more than 20% share of the total end-user segment owing to the increasing demand from the Japan and Taiwan in 2014. ECH based resins are used to manufacture adhesives which are further used in industries such as footwear, construction, automobile etc. Paper, Inks and Dyes displayed sluggish growth in 2014 owing to decrease in the demand of papers and inks from end-user industry. Textiles end-user segment is anticipated to grow at decent rate owing to increasing demand from Asia Pacific region during the forecast period. Furthermore, the application of ECH based resins is projected to soar in the water treatment industry during the forecast period. Hence, it is the likely to be fastest growing end-user industry for ECH market in the near future. Propylene accounted for the major share of the raw material in 2014. However, bio-based glycerin is projected to be the fastest growing raw material segment during the forecast period owing to its easy availability. 

Increasing consumption of epoxy resins in end-user industries such as paints & coating is projected to drive the global ECH market during the forecast period. However, concern of regulatory bodies regarding harmful effects of ECH on health and environment is projected to hinder the growth of the global ECH market. Lucrative growth in glycerin based ECH is likely to act as an opportunity for the ECH market during the forecast period. Key players in the ECH market include Sumitomo Chemical Co., Ltd., Solvay, Aditya Birla Chemicals (Thailand), Osaka Soda , Spolchemie A.S., Shandong Haili Chemical Industry Co. Ltd (Haili), Samsung Fine Chemicals Co. Ltd, The Dow Chemical Company, Jiangsu Yangnong Chemical Group Co., and Hexion Inc. The ECH market is concentrated; the top five players accounted for major market share in 2014. Key manufacturers focus on strategic mergers and portfolio enhancement to maintain their dominance in the global market.

epichlorohydrin-market

 


Chapter 1 Preface
1.1 Report Description
1.2 Research Scope
1.3 Assumptions
1.4 Market Segmentation
1.5 Research Methodology

Chapter 2 Executive Summary
2.1 Global Epichlorohydrin Market, 2014 - 2023, (Kilo Tons) (US$ Mn)
2.2 Epichlorohydrin: Market Snapshot 

Chapter 3 Epichlorohydrin Market – Industry Analysis
3.1 Introduction
3.2 Value Chain Analysis
3.3 Market Drivers
      3.3.1 Substantial Increase in the Demand of Epoxy Resins for Various End-user Industries Anticipated to Drive the Epichlorohydrin Market
      3.3.2 High Demand of Synthetic Glycerin Due to Increasing Applications Projected to Drive the Epichlorohydrin Market  
3.4 Restraints
      3.4.1 Concern of Regulatory Bodies Regarding Harmful Effects of Epichlorohydrin on Health and Environment Likely to Hinder the Epichlorohydrin Market Growth
3.5 Opportunity
      3.5.1 Increase in the Production of Bio-based Epichlorohydrin Expected to Act as Opportunity for Epichlorohydrin Market
3.6 Porter’s Five Forces Analysis
      3.6.1 Bargaining Power of Suppliers
      3.6.2 Bargaining Power of Buyers
      3.6.3 Threat of New Entrants
      3.6.4 Threat of Substitutes
      3.6.5 Degree of Competition
3.7 Global Epichlorohydrin Market Attractiveness, by End-user
3.8 Global Epichlorohydrin Market Attractiveness, by Country
3.9 Company Market Share, 2014

Chapter 4 Raw Material and Price Trend Analysis
4.1 Epichlorohydrin Manufacturing Process 
4.2 Raw Material Analysis
4.3 Global Average Propylene Price Trend, 2014–2023 (US$/Kg)
4.4 Global Average Epichlorohydrin Price Trend, 2014–2023 (US$/Kg)

Chapter 5 Global Epichlorohydrin Market – Raw Material Analysis
5.1 Global Epichlorohydrin Market: Raw Material Overview
5.2 Global Epichlorohydrin Market by Propylene, 2014 – 2023 (Kilo Tons) (US$ Mn)
5.3 Global Epichlorohydrin Market by Glycerin, 2014 – 2023 (Kilo Tons) (US$ Mn)

Chapter 6 Global Epichlorohydrin Market – End-user Analysis
6.1 Global Epichlorohydrin Market: End-user Overview
6.2 Global Epichlorohydrin Market for Paints & Coatings, 2014 – 2023 (Kilo Tons) (US$ Mn)
6.3 Global Epichlorohydrin Market for Electronics & Electrical, 2014 – 2023 (Kilo Tons) (US$ Mn)
6.4 Global Epichlorohydrin Market for Adhesives, 2014 – 2023 (Kilo Tons) (US$ Mn)
6.5 Global Epichlorohydrin Market for Paper, Inks & Dyes, 2014 – 2023 (Kilo Tons) (US$ Mn)
6.6 Global Epichlorohydrin Market for Textiles, 2014 – 2023 (Kilo Tons) (US$ Mn)
6.7 Global Epichlorohydrin Market for Water Treatment, 2014 – 2023 (Kilo Tons) (US$ Mn)
6.8 Global Epichlorohydrin Market for Others, 2014 – 2023 (Kilo Tons) (US$ Mn)

Chapter 7 Global Epichlorohydrin Market - Regional Analysis
7.1 Global Epichlorohydrin Market: Regional Overview
7.2 North America Epichlorohydrin Market, 2014 and 2023
      7.2.1 North America Epichlorohydrin Market Volume, by Raw Material, 2014 – 2023 (Kilo Tons)
      7.2.2 North America Epichlorohydrin Market Revenue, by Raw Material, 2014 – 2023 (US$ Mn)
      7.2.3 North America Epichlorohydrin Market Volume, by End-user, 2014 – 2023 (Kilo Tons)
      7.2.4 North America Epichlorohydrin Market Revenue, by End-user, 2014 – 2023 (US$ Mn)
      7.2.5 U.S. Epichlorohydrin Market Volume, by Raw Material, 2014 – 2023 (Kilo Tons)
      7.2.6 U.S. Epichlorohydrin Market Revenue, by Raw Material, 2014 – 2023 (US$ Mn)
      7.2.7 U.S. Epichlorohydrin Market Volume, by End-user, 2014 – 2023 (Kilo Tons)
      7.2.8 U.S. Epichlorohydrin Market Revenue, by End-user, 2014 – 2023 (US$ Mn)
      7.2.9 Rest of North America Epichlorohydrin Market Volume, by Raw Material, 2014 – 2023 (Kilo Tons)
      7.2.10 Rest of North America Epichlorohydrin Market Revenue, by Raw Material, 2014 – 2023 (US$ Mn)
      7.2.11 Rest of North America Epichlorohydrin Market Volume, by End-user, 2014 – 2023 (Kilo Tons)
      7.2.12 Rest of North America Epichlorohydrin Market Revenue, by End-user, 2014 – 2023 (US$ Mn)
7.3 Europe Epichlorohydrin Market, 2014 and 2023
      7.3.1 Europe Epichlorohydrin Market Volume, by Raw Material, 2014 – 2023 (Kilo Tons)
      7.3.2 Europe Epichlorohydrin Market Revenue, by Raw Material, 2014 – 2023 (US$ Mn)
      7.3.3 Europe Epichlorohydrin Market Volume, by End-user, 2014 – 2023 (Kilo Tons)
      7.3.4 Europe Epichlorohydrin Market Revenue, by End-user, 2014 – 2023 (US$ Mn)
      7.3.5 France Epichlorohydrin Market Volume, by Raw Material, 2014 – 2023 (Kilo Tons)
      7.3.6 France Epichlorohydrin Market Revenue, by Raw Material, 2014 – 2023 (US$ Mn)
      7.3.7 France Epichlorohydrin Market Volume, by End-user, 2014 – 2023 (Kilo Tons)
      7.3.8 France Epichlorohydrin Market Revenue, by End-user, 2014 – 2023 (US$ Mn)
      7.3.9 UK Epichlorohydrin Market Volume, by Raw Material, 2014 – 2023 (Kilo Tons)
      7.3.10 UK Epichlorohydrin Market Revenue, by Raw Material, 2014 – 2023 (US$ Mn)
      7.3.11 UK Epichlorohydrin Market Volume, by End-user, 2014 – 2023 (Kilo Tons)
      7.3.12 UK Epichlorohydrin Market Revenue, by End-user, 2014 – 2023 (US$ Mn)
      7.3.13 Spain Epichlorohydrin Market Volume, by Raw Material, 2014 – 2023 (Kilo Tons)
      7.3.14 Spain Epichlorohydrin Market Revenue, by Raw Material, 2014 – 2023 (US$ Mn)
      7.3.15 Spain Epichlorohydrin Market Volume, by End-user, 2014 – 2023 (Kilo Tons)
      7.3.16 Spain Epichlorohydrin Market Revenue, by End-user, 2014 – 2023 (US$ Mn)
      7.3.17 Germany Epichlorohydrin Market Volume, by Raw Material, 2014 – 2023 (Kilo Tons)
      7.3.18 Germany Epichlorohydrin Market Revenue, by Raw Material, 2014 – 2023 (US$ Mn)
      7.3.19 Germany Epichlorohydrin Market Volume, by End-user, 2014 – 2023 (Kilo Tons)
      7.3.20 Germany Epichlorohydrin Market Revenue, by End-user, 2014 – 2023 (US$ Mn)
      7.3.21 Italy Epichlorohydrin Market Volume, by Raw Material, 2014 – 2023 (Kilo Tons)
      7.3.22 Italy Epichlorohydrin Market Revenue, by Raw Material, 2014 – 2023 (US$ Mn)
      7.3.23 Italy Epichlorohydrin Market Volume, by End-user, 2014 – 2023 (Kilo Tons)
      7.3.24 Italy Epichlorohydrin Market Revenue, by End-user, 2014 – 2023 (US$ Mn)
      7.3.25 Rest of Europe Epichlorohydrin Market Volume, by Raw Material, 2014 – 2023 (Kilo Tons)
      7.3.26 Rest of Europe Epichlorohydrin Market Revenue, by Raw Material, 2014 – 2023 (US$ Mn)
      7.3.27 Rest of Europe Epichlorohydrin Market Volume, by End-user, 2014 – 2023 (Kilo Tons)
      7.3.28 Rest of Europe Epichlorohydrin Market Revenue, by End-user, 2014 – 2023 (US$ Mn)
7.4 Asia Pacific (APAC) Epichlorohydrin Market, 2014 and 2023
      7.4.1 Asia Pacific Epichlorohydrin Market Volume, by Raw Material, 2014 – 2023 (Kilo Tons)
      7.4.2 Asia Pacific Epichlorohydrin Market Revenue, by Raw Material, 2014 – 2023 (US$ Mn)
      7.4.3 Asia Pacific Epichlorohydrin Market Volume, by End-user, 2014 – 2023 (Kilo Tons)
      7.4.4 Asia Pacific Epichlorohydrin Market Revenue, by End-user, 2014 – 2023 (US$ Mn)
      7.4.5 China Epichlorohydrin Market Volume, by Raw Material, 2014 – 2023 (Kilo Tons)
      7.4.6 China Epichlorohydrin Market Revenue, by Raw Material, 2014 – 2023 (US$ Mn)
      7.4.7 China Epichlorohydrin Market Volume, by End-user, 2014 – 2023 (Kilo Tons)
      7.4.8 China Epichlorohydrin Market Revenue, by End-user, 2014 – 2023 (US$ Mn)
      7.4.9 Taiwan Epichlorohydrin Market Volume, by Raw Material, 2014 – 2023 (Kilo Tons)
      7.4.10 Taiwan Epichlorohydrin Market Revenue, by Raw Material, 2014 – 2023 (US$ Mn)
      7.4.11 Taiwan Epichlorohydrin Market Volume, by End-user, 2014 – 2023 (Kilo Tons)
      7.4.12 Taiwan Epichlorohydrin Market Revenue, by End-user, 2014 – 2023 (US$ Mn)
      7.4.13 South Korea Epichlorohydrin Market Volume, by Raw Material, 2014 – 2023 (Kilo Tons)
      7.4.14 South Korea Epichlorohydrin Market Revenue, by Raw Material, 2014 – 2023 (US$ Mn)
      7.4.15 South Korea Epichlorohydrin Market Volume, by End-user, 2014 – 2023 (Kilo Tons)
      7.4.16 South Korea Epichlorohydrin Market Revenue, by End-user, 2014 – 2023 (US$ Mn)
      7.4.17 Japan Epichlorohydrin Market Volume, by Raw Material, 2014 – 2023 (Kilo Tons)
      7.4.18 Japan Epichlorohydrin Market Revenue, by Raw Material, 2014 – 2023 (US$ Mn)
      7.4.19 Japan Epichlorohydrin Market Volume, by End-user, 2014 – 2023 (Kilo Tons)
      7.4.20 Japan Epichlorohydrin Market Revenue, by End-user, 2014 – 2023 (US$ Mn)
      7.4.21 ASEAN Epichlorohydrin Market Volume, by Raw Material, 2014 – 2023 (Kilo Tons)
      7.4.22 ASEAN Epichlorohydrin Market Revenue, by Raw Material, 2014 – 2023 (US$ Mn)
      7.4.23 ASEAN Epichlorohydrin Market Volume, by End-user, 2014 – 2023 (Kilo Tons)
      7.4.24 ASEAN Epichlorohydrin Market Revenue, by End-user, 2014 – 2023 (US$ Mn)
      7.4.25 Rest of APAC Epichlorohydrin Market Volume, by Raw Material, 2014 – 2023 (Kilo Tons)
      7.4.26 Rest of APAC Epichlorohydrin Market Revenue, by Raw Material, 2014 – 2023 (US$ Mn)
      7.4.27 Rest of APAC Epichlorohydrin Market Volume, by End-user, 2014 – 2023 (Kilo Tons)
      7.4.28 Rest of APAC Epichlorohydrin Market Revenue, by End-user, 2014 – 2023 (US$ Mn)
7.5 Latin America (LA) Epichlorohydrin Market, 2014 and 2023
      7.5.1 Latin America Epichlorohydrin Market Volume, by Raw Material, 2014 – 2023 (Kilo Tons)
      7.5.2 Latin America Epichlorohydrin Market Revenue, by Raw Material, 2014 – 2023 (US$ Mn)
      7.5.3 Latin America Epichlorohydrin Market Volume, by End-user, 2014 – 2023 (Kilo Tons)
      7.5.4 Latin America Epichlorohydrin Market Revenue, by End-user, 2014 – 2023 (US$ Mn)
      7.5.5 Brazil Epichlorohydrin Market Volume, by Raw Material, 2014 – 2023 (Kilo Tons)
      7.5.6 Brazil Epichlorohydrin Market Revenue, by Raw Material, 2014 – 2023 (US$ Mn)
      7.5.7 Brazil Epichlorohydrin Market Volume, by End-user, 2014 – 2023 (Kilo Tons)
      7.5.8 Brazil Epichlorohydrin Market Revenue, by End-user, 2014 – 2023 (US$ Mn)
      7.5.9 Rest of LA Epichlorohydrin Market Volume, by Raw Material, 2014 – 2023 (Kilo Tons)
      7.5.10 Rest of LA Epichlorohydrin Market Revenue, by Raw Material, 2014 – 2023 (US$ Mn)
      7.5.11 Rest of LA Epichlorohydrin Market Volume, by End-user, 2014 – 2023 (Kilo Tons)
      7.5.12 Rest of LA Epichlorohydrin Market Revenue, by End-user, 2014 – 2023 (US$ Mn)
7.6 Middle East & Africa (MEA) Epichlorohydrin Market, 2014 and 2023
      7.6.1 Middle East & Africa Epichlorohydrin Market Volume, by Raw Material, 2014 – 2023 (Kilo Tons)
      7.6.2 Middle East & Africa Epichlorohydrin Market Revenue, by Raw Material, 2014 – 2023 (US$ Mn)
      7.6.3 Middle East & Africa Epichlorohydrin Market Volume, by End-user, 2014 – 2023 (Kilo Tons)
      7.6.4 Middle East & Africa Epichlorohydrin Market Revenue, by End-user, 2014 – 2023 (US$ Mn)
      7.6.5 GCC Epichlorohydrin Market Volume, by Raw Material, 2014 – 2023 (Kilo Tons)
      7.6.6 GCC Epichlorohydrin Market Revenue, by Raw Material, 2014 – 2023 (US$ Mn)
      7.6.7 GCC Epichlorohydrin Market Volume, by End-user, 2014 – 2023 (Kilo Tons)
      7.6.8 GCC Epichlorohydrin Market Revenue, by End-user, 2014 – 2023 (US$ Mn)
      7.6.9 South Africa Epichlorohydrin Market Volume, by Raw Material, 2014 – 2023 (Kilo Tons)
      7.6.10 South Africa Epichlorohydrin Market Revenue, by Raw Material, 2014 – 2023 (US$ Mn)
      7.6.11 South Africa Epichlorohydrin Market Volume, by End-user, 2014 – 2023 (Kilo Tons)
      7.6.12 South Africa Epichlorohydrin Market Revenue, by End-user, 2014 – 2023 (US$ Mn)
      7.6.13 Rest of Middle East & Africa Epichlorohydrin Market Volume, by Raw Material, 2014 – 2023 (Kilo Tons)
      7.6.14 Rest of Middle East & Africa Epichlorohydrin Market Revenue, by Raw Material, 2014 – 2023 (US$ Mn)
      7.6.15 Rest of Middle East & Africa Epichlorohydrin Market Volume, by End-user, 2014 – 2023 (Kilo Tons)
      7.6.16 Rest of Middle East & Africa Epichlorohydrin Market Revenue, by End-user, 2014 – 2023 (US$ Mn)

Chapter 8 Company Profiles
8.1 Sumitomo Chemical Co., Ltd. 
8.2 Solvay
8.3 Aditya Birla Chemicals (Thailand) Ltd.
8.4 Spolchemie A.S.
8.5 Osaka Soda Co., Ltd.
8.6 Shandong Haili Chemical Industry Co. Ltd (Haili)
8.7 Samsung Fine Chemicals Co. Ltd.
8.8 The Dow Chemical Company
8.9 Jiangsu Yangnong Chemical Group Co.
8.9 Hexion Inc.
8.10 Tensar International Corporation

Chapter 9 Primary Research – Key Findings

Chapter 10 List of Key Customers 

This report analyzes and forecasts the market for epichlorohydrin (ECH) at global and regional level. The market has been forecast based on volume (kilo tons) and revenue (US$ Mn) from 2015 to 2023. The study includes drivers and restraints of the global ECH market. It also covers the impact of these drivers and restraints on demand for ECH during the forecast period. The report also highlights opportunities in the ECH market at the global and regional level.

The report includes detailed value chain analysis, which provides a comprehensive view of the global ECH market. Porter’s Five Forces Model for the ECH market has also been included to help understand the competitive landscape in the market. The study encompasses market attractiveness analysis, wherein end-users are benchmarked based on market size, growth rate, and general attractiveness.

The study provides a decisive view of the global ECH market by segmenting it in terms of end-users. These segments have been analyzed based on present and future trends in the market. Regional segmentation includes current and forecast demand for ECH in North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The report also covers demand for ECH in end-user segments in all the regions.

The study comprises profiles of major companies operating in the global ECH market. Key players include Sumitomo Chemical Co., Ltd., Solvay, Aditya Birla Chemicals (Thailand) Ltd., Osaka Soda Co., Ltd., Spolchemie A.S., Shandong Haili Chemical Industry Co. Ltd (Haili), Samsung Fine Chemicals Co. Ltd, The Dow Chemical Company, Jiangsu Yangnong Chemical Group Co., and Hexion Inc. Market players are profiled in terms of attributes such as company overview, financial overview, business strategies, and recent developments.

The report provides the estimated market size of ECH for 2015 and forecast for the next eight years. The global market size of ECH has been provided in terms of volume and revenue. Market volume has been defined in kilo tons, while market revenue is in US$ Mn. Market numbers are estimated based on end-users of ECH. Market size and forecast for each major end-user are provided in terms of global and regional markets.

In order to compile the research report, we conducted in-depth interviews and discussions with a number of key industry participants and opinion leaders. Primary research represents the bulk of research efforts, supplemented by extensive secondary research. We reviewed key players’ product literature, annual reports, press releases, and relevant documents for competitive analysis and market understanding. Secondary research includes a search of recent trade, technical writing, Internet sources, and statistical data from government websites, trade associations, and agencies. This has proven to be the most reliable, effective, and successful approach for obtaining precise market data, capturing industry participants’ insights, and recognizing business opportunities.

Secondary research sources that are typically referred to include, but are not limited to company websites, annual reports, financial reports, broker reports, investor presentations, SEC filings, Plastemart magazine, TPE magazine, internal and external proprietary databases, and relevant patent and regulatory databases such as ICIS, Hoover’s, oneSOURCE, Factiva, and Bloomberg, national government documents, statistical databases, trade journals, market reports, news articles, press releases, and webcasts specific to companies operating in the market.

Primary research involves e-mail interactions, telephonic interviews for each market, category, segment, and sub-segment across geographies. We conduct primary interviews on an ongoing basis with industry participants and commentators to validate data and analysis. Primary interviews provide first-hand information on market size, market trends, growth trends, competitive landscape, outlook, etc. These help validate and strengthen secondary research findings. These also help develop the analysis team’s expertise and market understanding. 

The report segments the global ECH market as follows:

ECH Market - Raw Material Analysis

  • Propylene
  • Glycerin

ECH Market - End-user Analysis

  • Paints & Coatings
  • Electronics & Electrical
  • Adhesives
  • Paper, Inks & Dyes
  • Textiles
  • Water Treatment
  • Others (Including agrochemicals, surfactants, etc.)

ECH Market - Regional Analysis

  • North America
    • U.S.
    • Rest of North America
  • Europe
    • France
    • U.K.
    • Spain
    • Germany
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Taiwan
    • South Korea
    • Japan
    • ASEAN
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Rest of Latin America
  • Middle East & Africa (MEA)
    • GCC
    • South Africa
    • Rest of MEA