The Asia Pacific Epichlorohydrin Market would witness market growth of 5.5% CAGR during the forecast period (2023-2030). In the year 2021, the Asia Pacific market's volume surged to 520.99 kilo tonnes, showcasing a growth of 3.7% (2019-2022).
Epichlorohydrin (ECH) is a crucial industrial chemical vital in various applications across diverse sectors. It is an organochlorine compound produced through the reaction of chlorine, propylene, and caustic soda. The versatile nature of epichlorohydrin makes it a key component in manufacturing epoxy resins, synthetic glycerin, and elastomers. Economic growth in emerging nations will lead to expanding the consumption of epoxy resin in building and construction sectors, paints and coatings, and automotive. As a result of increased employment opportunities, the rise in private and public non-residential spending is enhancing the development prospects for epoxy resins, thus benefiting the market.
Primarily, epichlorohydrin manufacturing uses propylene as a raw material. The rising penetration of bio-based products has forced manufacturers to use glycerin-based starting materials. Many corporations, including Dow Chemical Company, and Samsung Fine Chemical, have initiated the production of ECH using renewable feedstock glycerin. Historically, the production of epichlorohydrin involved a complex series of steps, with propylene serving as the initial constituent. The increased production of raw glycerin, a byproduct of biodiesel production, in conjunction with the volatile price of propylene, has sparked greater interest in processes that utilize glycerol as a raw material.
The chemical industry in Asia Pacific is diverse, with epichlorohydrin finding applications in producing various chemicals. The growth of the chemical sector contributes to the overall demand for epichlorohydrin. Various governments in the Asia Pacific region are investing heavily in infrastructure development projects. The aforementioned factors will drive the market growth in this region.
The China market dominated the Asia Pacific Epichlorohydrin Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $582.7 million by 2030. The India market is registering a CAGR of 5.8% during (2023 - 2030). Additionally, The Japan market would experience a CAGR of 5.1% during (2023 - 2030).
Based on Application, the market is segmented into Epoxy Resins, Water Treatment Chemicals, Synthetic Glycerin, Pharmaceuticals and Others. Based on End-Use, the market is segmented into Paints & Coatings, Composites, Wind Turbine, Construction, Electrical & Electronics, Adhesives and Others. Based on countries, the market is segmented into China, India, Japan, South Korea, Indonesia, Australia, and Rest of Asia Pacific.
Free Valuable Insights: The Global Epichlorohydrin Market is Predict to reach $4.3 Billion by 2030, at a CAGR of 5.3%
The market research report covers the analysis of key stakeholders of the market. Key companies profiled in the report include Shandong Haili Chemical Co., Ltd., Daiso Chemical Co., Ltd. (OSAKA SODA CO., LTD.), Formosa Plastics Group, Hanwha Solutions Chemical Division Corporation (Hanwha Corporation), Jiangsu Yangnong Chemical Co. Ltd., Kashima Chemical Co., Ltd. (Asahi Glass Co., Ltd.), Momentive Performance Materials, Inc. (Hexion, Inc.), Solvay SA, Sumitomo Chemical Co. Ltd., The Dow Chemical Company
Scope of the Study
Market Segments Covered in the Report:
By Application (Volume, Kilo Tones, USD Billion, 2019-2030)
- Epoxy Resins
- Water Treatment Chemicals
- Synthetic Glycerin
- Pharmaceuticals
- Others
By End Use (Volume, Kilo Tones, USD Billion, 2019-2030)
- Paints & Coatings
- Composites
- Wind Turbine
- Construction
- Electrical & Electronics
- Adhesives
- Others
By Country (Volume, Kilo Tonnes, USD Billion, 2019-2030)
- China
- India
- Japan
- South Korea
- Indonesia
- Australia
- Rest of Asia Pacific
Key Market Players
List of Companies Profiled in the Report:
- Shandong Haili Chemical Co., Ltd.
- Daiso Chemical Co., Ltd. (OSAKA SODA CO., LTD.)
- Formosa Plastics Group
- Hanwha Solutions Chemical Division Corporation (Hanwha Corporation)
- Jiangsu Yangnong Chemical Co. Ltd.
- Kashima Chemical Co., Ltd. (Asahi Glass Co., Ltd.)
- Momentive Performance Materials, Inc. (Hexion, Inc.)
- Solvay SA
- Sumitomo Chemical Co. Ltd.
- The Dow Chemical Company
TABLE 1 Asia Pacific Epichlorohydrin Market, 2019 - 2022, USD Million
TABLE 2 Asia Pacific Epichlorohydrin Market, 2023 - 2030, USD Million
TABLE 3 Asia Pacific Epichlorohydrin Market, 2019 - 2022, Kilo Tonnes
TABLE 4 Asia Pacific Epichlorohydrin Market, 2023 - 2030, Kilo Tonnes
TABLE 5 Asia Pacific Epichlorohydrin Market by Application, 2019 - 2022, USD Million
TABLE 6 Asia Pacific Epichlorohydrin Market by Application, 2023 - 2030, USD Million
TABLE 7 Asia Pacific Epichlorohydrin Market by Application, 2019 - 2022, Kilo Tonnes
TABLE 8 Asia Pacific Epichlorohydrin Market by Application, 2023 - 2030, Kilo Tonnes
TABLE 9 Asia Pacific Epoxy Resins Market by Country, 2019 - 2022, USD Million
TABLE 10 Asia Pacific Epoxy Resins Market by Country, 2023 - 2030, USD Million
TABLE 11 Asia Pacific Epoxy Resins Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 12 Asia Pacific Epoxy Resins Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 13 Asia Pacific Water Treatment Chemicals Market by Country, 2019 - 2022, USD Million
TABLE 14 Asia Pacific Water Treatment Chemicals Market by Country, 2023 - 2030, USD Million
TABLE 15 Asia Pacific Water Treatment Chemicals Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 16 Asia Pacific Water Treatment Chemicals Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 17 Asia Pacific Synthetic Glycerin Market by Country, 2019 - 2022, USD Million
TABLE 18 Asia Pacific Synthetic Glycerin Market by Country, 2023 - 2030, USD Million
TABLE 19 Asia Pacific Synthetic Glycerin Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 20 Asia Pacific Synthetic Glycerin Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 21 Asia Pacific Pharmaceuticals Market by Country, 2019 - 2022, USD Million
TABLE 22 Asia Pacific Pharmaceuticals Market by Country, 2023 - 2030, USD Million
TABLE 23 Asia Pacific Pharmaceuticals Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 24 Asia Pacific Pharmaceuticals Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 25 Asia Pacific Others Market by Country, 2019 - 2022, USD Million
TABLE 26 Asia Pacific Others Market by Country, 2023 - 2030, USD Million
TABLE 27 Asia Pacific Others Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 28 Asia Pacific Others Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 29 Asia Pacific Epichlorohydrin Market by End-use, 2019 - 2022, USD Million
TABLE 30 Asia Pacific Epichlorohydrin Market by End-use, 2023 - 2030, USD Million
TABLE 31 Asia Pacific Epichlorohydrin Market by End-use, 2019 - 2022, Kilo Tonnes
TABLE 32 Asia Pacific Epichlorohydrin Market by End-use, 2023 - 2030, Kilo Tonnes
TABLE 33 Asia Pacific Paints & Coatings Market by Country, 2019 - 2022, USD Million
TABLE 34 Asia Pacific Paints & Coatings Market by Country, 2023 - 2030, USD Million
TABLE 35 Asia Pacific Paints & Coatings Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 36 Asia Pacific Paints & Coatings Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 37 Asia Pacific Composites Market by Country, 2019 - 2022, USD Million
TABLE 38 Asia Pacific Composites Market by Country, 2023 - 2030, USD Million
TABLE 39 Asia Pacific Composites Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 40 Asia Pacific Composites Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 41 Asia Pacific Wind Turbine Market by Country, 2019 - 2022, USD Million
TABLE 42 Asia Pacific Wind Turbine Market by Country, 2023 - 2030, USD Million
TABLE 43 Asia Pacific Wind Turbine Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 44 Asia Pacific Wind Turbine Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 45 Asia Pacific Construction Market by Country, 2019 - 2022, USD Million
TABLE 46 Asia Pacific Construction Market by Country, 2023 - 2030, USD Million
TABLE 47 Asia Pacific Construction Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 48 Asia Pacific Construction Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 49 Asia Pacific Electrical & Electronics Market by Country, 2019 - 2022, USD Million
TABLE 50 Asia Pacific Electrical & Electronics Market by Country, 2023 - 2030, USD Million
TABLE 51 Asia Pacific Electrical & Electronics Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 52 Asia Pacific Electrical & Electronics Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 53 Asia Pacific Adhesives Market by Country, 2019 - 2022, USD Million
TABLE 54 Asia Pacific Adhesives Market by Country, 2023 - 2030, USD Million
TABLE 55 Asia Pacific Adhesives Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 56 Asia Pacific Adhesives Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 57 Asia Pacific Others Market by Country, 2019 - 2022, USD Million
TABLE 58 Asia Pacific Others Market by Country, 2023 - 2030, USD Million
TABLE 59 Asia Pacific Others Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 60 Asia Pacific Others Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 61 Asia Pacific Epichlorohydrin Market by Country, 2019 - 2022, USD Million
TABLE 62 Asia Pacific Epichlorohydrin Market by Country, 2023 - 2030, USD Million
TABLE 63 Asia Pacific Epichlorohydrin Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 64 Asia Pacific Epichlorohydrin Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 65 China Epichlorohydrin Market, 2019 - 2022, USD Million
TABLE 66 China Epichlorohydrin Market, 2023 - 2030, USD Million
TABLE 67 China Epichlorohydrin Market, 2019 - 2022, Kilo Tonnes
TABLE 68 China Epichlorohydrin Market, 2023 - 2030, Kilo Tonnes
TABLE 69 China Epichlorohydrin Market by Application, 2019 - 2022, USD Million
TABLE 70 China Epichlorohydrin Market by Application, 2023 - 2030, USD Million
TABLE 71 China Epichlorohydrin Market by Application, 2019 - 2022, Kilo Tonnes
TABLE 72 China Epichlorohydrin Market by Application, 2023 - 2030, Kilo Tonnes
TABLE 73 China Epichlorohydrin Market by End-use, 2019 - 2022, USD Million
TABLE 74 China Epichlorohydrin Market by End-use, 2023 - 2030, USD Million
TABLE 75 China Epichlorohydrin Market by End-use, 2019 - 2022, Kilo Tonnes
TABLE 76 China Epichlorohydrin Market by End-use, 2023 - 2030, Kilo Tonnes
TABLE 77 India Epichlorohydrin Market, 2019 - 2022, USD Million
TABLE 78 India Epichlorohydrin Market, 2023 - 2030, USD Million
TABLE 79 India Epichlorohydrin Market, 2019 - 2022, Kilo Tonnes
TABLE 80 India Epichlorohydrin Market, 2023 - 2030, Kilo Tonnes
TABLE 81 India Epichlorohydrin Market by Application, 2019 - 2022, USD Million
TABLE 82 India Epichlorohydrin Market by Application, 2023 - 2030, USD Million
TABLE 83 India Epichlorohydrin Market by Application, 2019 - 2022, Kilo Tonnes
TABLE 84 India Epichlorohydrin Market by Application, 2023 - 2030, Kilo Tonnes
TABLE 85 India Epichlorohydrin Market by End-use, 2019 - 2022, USD Million
TABLE 86 India Epichlorohydrin Market by End-use, 2023 - 2030, USD Million
TABLE 87 India Epichlorohydrin Market by End-use, 2019 - 2022, Kilo Tonnes
TABLE 88 India Epichlorohydrin Market by End-use, 2023 - 2030, Kilo Tonnes
TABLE 89 Japan Epichlorohydrin Market, 2019 - 2022, USD Million
TABLE 90 Japan Epichlorohydrin Market, 2023 - 2030, USD Million
TABLE 91 Japan Epichlorohydrin Market, 2019 - 2022, Kilo Tonnes
TABLE 92 Japan Epichlorohydrin Market, 2023 - 2030, Kilo Tonnes
TABLE 93 Japan Epichlorohydrin Market by Application, 2019 - 2022, USD Million
TABLE 94 Japan Epichlorohydrin Market by Application, 2023 - 2030, USD Million
TABLE 95 Japan Epichlorohydrin Market by Application, 2019 - 2022, Kilo Tonnes
TABLE 96 Japan Epichlorohydrin Market by Application, 2023 - 2030, Kilo Tonnes
TABLE 97 Japan Epichlorohydrin Market by End-use, 2019 - 2022, USD Million
TABLE 98 Japan Epichlorohydrin Market by End-use, 2023 - 2030, USD Million
TABLE 99 Japan Epichlorohydrin Market by End-use, 2019 - 2022, Kilo Tonnes
TABLE 100 Japan Epichlorohydrin Market by End-use, 2023 - 2030, Kilo Tonnes
TABLE 101 South Korea Epichlorohydrin Market, 2019 - 2022, USD Million
TABLE 102 South Korea Epichlorohydrin Market, 2023 - 2030, USD Million
TABLE 103 South Korea Epichlorohydrin Market, 2019 - 2022, Kilo Tonnes
TABLE 104 South Korea Epichlorohydrin Market, 2023 - 2030, Kilo Tonnes
TABLE 105 South Korea Epichlorohydrin Market by Application, 2019 - 2022, USD Million
TABLE 106 South Korea Epichlorohydrin Market by Application, 2023 - 2030, USD Million
TABLE 107 South Korea Epichlorohydrin Market by Application, 2019 - 2022, Kilo Tonnes
TABLE 108 South Korea Epichlorohydrin Market by Application, 2023 - 2030, Kilo Tonnes
TABLE 109 South Korea Epichlorohydrin Market by End-use, 2019 - 2022, USD Million
TABLE 110 South Korea Epichlorohydrin Market by End-use, 2023 - 2030, USD Million
TABLE 111 South Korea Epichlorohydrin Market by End-use, 2019 - 2022, Kilo Tonnes
TABLE 112 South Korea Epichlorohydrin Market by End-use, 2023 - 2030, Kilo Tonnes
TABLE 113 Indonesia Epichlorohydrin Market, 2019 - 2022, USD Million
TABLE 114 Indonesia Epichlorohydrin Market, 2023 - 2030, USD Million
TABLE 115 Indonesia Epichlorohydrin Market, 2019 - 2022, Kilo Tonnes
TABLE 116 Indonesia Epichlorohydrin Market, 2023 - 2030, Kilo Tonnes
TABLE 117 Indonesia Epichlorohydrin Market by Application, 2019 - 2022, USD Million
TABLE 118 Indonesia Epichlorohydrin Market by Application, 2023 - 2030, USD Million
TABLE 119 Indonesia Epichlorohydrin Market by Application, 2019 - 2022, Kilo Tonnes
TABLE 120 Indonesia Epichlorohydrin Market by Application, 2023 - 2030, Kilo Tonnes
TABLE 121 Indonesia Epichlorohydrin Market by End-use, 2019 - 2022, USD Million
TABLE 122 Indonesia Epichlorohydrin Market by End-use, 2023 - 2030, USD Million
TABLE 123 Indonesia Epichlorohydrin Market by End-use, 2019 - 2022, Kilo Tonnes
TABLE 124 Indonesia Epichlorohydrin Market by End-use, 2023 - 2030, Kilo Tonnes
TABLE 125 Australia Epichlorohydrin Market, 2019 - 2022, USD Million
TABLE 126 Australia Epichlorohydrin Market, 2023 - 2030, USD Million
TABLE 127 Australia Epichlorohydrin Market, 2019 - 2022, Kilo Tonnes
TABLE 128 Australia Epichlorohydrin Market, 2023 - 2030, Kilo Tonnes
TABLE 129 Australia Epichlorohydrin Market by Application, 2019 - 2022, USD Million
TABLE 130 Australia Epichlorohydrin Market by Application, 2023 - 2030, USD Million
TABLE 131 Australia Epichlorohydrin Market by Application, 2019 - 2022, Kilo Tonnes
TABLE 132 Australia Epichlorohydrin Market by Application, 2023 - 2030, Kilo Tonnes
TABLE 133 Australia Epichlorohydrin Market by End-use, 2019 - 2022, USD Million
TABLE 134 Australia Epichlorohydrin Market by End-use, 2023 - 2030, USD Million
TABLE 135 Australia Epichlorohydrin Market by End-use, 2019 - 2022, Kilo Tonnes
TABLE 136 Australia Epichlorohydrin Market by End-use, 2023 - 2030, Kilo Tonnes
TABLE 137 Rest of Asia Pacific Epichlorohydrin Market, 2019 - 2022, USD Million
TABLE 138 Rest of Asia Pacific Epichlorohydrin Market, 2023 - 2030, USD Million
TABLE 139 Rest of Asia Pacific Epichlorohydrin Market, 2019 - 2022, Kilo Tonnes
TABLE 140 Rest of Asia Pacific Epichlorohydrin Market, 2023 - 2030, Kilo Tonnes
TABLE 141 Rest of Asia Pacific Epichlorohydrin Market by Application, 2019 - 2022, USD Million
TABLE 142 Rest of Asia Pacific Epichlorohydrin Market by Application, 2023 - 2030, USD Million
TABLE 143 Rest of Asia Pacific Epichlorohydrin Market by Application, 2019 - 2022, Kilo Tonnes
TABLE 144 Rest of Asia Pacific Epichlorohydrin Market by Application, 2023 - 2030, Kilo Tonnes
TABLE 145 Rest of Asia Pacific Epichlorohydrin Market by End-use, 2019 - 2022, USD Million
TABLE 146 Rest of Asia Pacific Epichlorohydrin Market by End-use, 2023 - 2030, USD Million
TABLE 147 Rest of Asia Pacific Epichlorohydrin Market by End-use, 2019 - 2022, Kilo Tonnes
TABLE 148 Rest of Asia Pacific Epichlorohydrin Market by End-use, 2023 - 2030, Kilo Tonnes
TABLE 149 Key Information – Shandong Haili Chemical Co., Ltd.
TABLE 150 Key Information – DAISO Chemical Co., Ltd.
TABLE 151 Key Information – hanwha Solutions chemical divison corporation
TABLE 152 Key Information – jiangsu yangnong chemical co. LTD.
TABLE 153 Key Information – Kashima Chemical
TABLE 154 Key Information – Momentive Performance Materials, Inc.
TABLE 155 Key Information – Formosa Plastics Group
TABLE 156 Key Information – Solvay SA
TABLE 157 Key Information – Sumitomo Chemical Co., Ltd.
TABLE 158 Key Information – The Dow Chemical Company
List of Figures
FIG 1 Methodology for the research
FIG 2 Asia Pacific Epichlorohydrin Market, 2019 – 2030, USD Million
FIG 3 Key Factors Impacting Epichlorohydrin Market
FIG 4 Porter’s Five Forces Analysis - Epichlorohydrin Market
FIG 5 Asia Pacific Epichlorohydrin Market share by Application, 2022
FIG 6 Asia Pacific Epichlorohydrin Market share by Application, 2030
FIG 7 Asia Pacific Epichlorohydrin Market by Application, 2019 - 2030, USD Million
FIG 8 Asia Pacific Epichlorohydrin Market share by End-use, 2022
FIG 9 Asia Pacific Epichlorohydrin Market share by End-use, 2030
FIG 10 Asia Pacific Epichlorohydrin Market by End-use, 2019 - 2030, USD Million
FIG 11 Asia Pacific Epichlorohydrin Market share by Country, 2022
FIG 12 Asia Pacific Epichlorohydrin Market share by Country, 2030
FIG 13 Asia Pacific Epichlorohydrin Market by Country, 2019 - 2030, USD Million
FIG 14 SWOT Analysis: Daiso Chemical Co., Ltd.
FIG 15 SWOT Analysis: Hanwha Solutions Chemical Division Corporation
FIG 16 SWOT Analysis: Jiangsu Yangnong Chemical Co., Ltd.
FIG 17 SWOT Analysis: Kashima Chemical Co., Ltd.
FIG 18 SWOT Analysis: Momentive Performance Materials, Inc.
FIG 19 SWOT Analysis: Formosa Plastics Group
FIG 20 SWOT Analysis: Solvay SA
FIG 21 Swot Analysis: Sumitomo Chemical Co., Ltd.
FIG 22 SWOT Analysis: The Dow Chemical Company