Epichlorohydrin Market Size Worth $4.40 Billion By 2030

The global epichlorohydrin market size is projected to reach USD 4.40 billion by 2030, according to a new report by Grand View Research, Inc. The market is estimated to register a CAGR of 5.4% over the forecast period. Steady rise in demand for epoxy resins is the major factor responsible for increased product consumption.

The epichlorohydrin (ECH) market will witness healthy growth owing to rising demand from the paint and coatings industry. Widespread industrial applications such as automotive, electronics, and wind turbines are also driving the overall market growth. Paint and coating industry accounts for the maximum revenue share in the global epoxy resins market.

Escalating demand for protective epoxy resin-based coatings is expected to have a positive impact on the epichlorohydrin market development. Asia Pacific leads the global maker as majority of the epichlorohydrin manufacturing facilities are in this region. The region will maintain its dominance throughout the forecast period due to rising consumption in countries such as China, Taiwan, and Malaysia.

To request a sample copy, click the link below:
https://www.grandviewresearch.com/industry-analysis/epichlorohydrin-ech-market

Further key findings from the study suggest:

  • In terms of volume, the market size of epoxy resins is anticipated to exceed 2.35 million tons by 2030, expanding at a CAGR of 4.1% from 2018 to 2030

About Grand View Research:

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For More Information: www.grandviewresearch.com

I am working in Market Research Company. So my job in research is to provide answers & guidance to our clients as they relate to marketing and consumer science.

I am working in Market Research Company. So my job in research is to provide answers & guidance to our clients as they relate to marketing and consumer science.