SAN FRANCISCO, October 31, 2018
SAN FRANCISCO, October 31, 2018 /PRNewswire/ --
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.
Browse full research report with TOC on "Epichlorohydrin Market Size, Share & Trends Analysis Report By Application (Water Treatment Chemicals, Epoxy Resins, Synthetic Glycerin, Pharmaceuticals), By Region, And Segment Forecasts, 2018 - 2030" at: https://www.grandviewresearch.com/industry-analysis/epichlorohydrin-ech-market
Further Key Findings From the Report Suggest:
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Grand View Research has segmented the global epichlorohydrin market on the basis of application and region:
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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.
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