세계의 에피클로로히드린(ECH) 시장 - 생산능력, 수요, 평균 가격 및 업계 전망(-2034년)

Epichlorohydrin (ECH)

Epichlorohydrin is a colorless, reactive liquid that serves as a vital intermediate in producing a range of materials used across construction, automotive, electronics, water treatment, and consumer goods sectors. Traditionally manufactured using petrochemical-based propylene, the industry has been witnessing a gradual shift toward bio-based production routes to meet growing sustainability goals and reduce carbon footprints. This transition, supported by innovations in bio-glycerin and renewable feedstocks, has positioned the ECH market for long-term transformation. The overall demand is influenced by trends such as increasing infrastructure development, rising electronics consumption, and the global movement toward eco-friendly manufacturing.

Epichlorohydrin Demand, by Application

Epoxy resins remain the dominant application segment in the Epichlorohydrin market, accounting for the majority of global consumption. Epoxy resins are widely used in coatings, adhesives, composites, and electronic encapsulation materials due to their strong mechanical strength, chemical resistance, and durability. The growing adoption of lightweight composites in automotive and aerospace industries has significantly expanded the scope for epoxy resin applications. Epichlorohydrin elastomers represent another key segment, mainly used in high-performance seals, hoses, and gaskets that require resistance to fuels, oils, and heat. Demand from the automotive and industrial sectors supports this segment's steady growth.

Polyamide-epichlorohydrin resins are used primarily in the paper and packaging industry as wet-strength agents, enhancing paper quality and durability. This segment benefits from continued demand for specialty paper products, packaging materials, and tissue paper. Synthetic glycerin production from epichlorohydrin also forms an important application area. Synthetic glycerin finds uses in pharmaceuticals, personal care products, and food applications. However, due to the growing preference for bio-based glycerin derived from natural oils, this segment has seen moderate growth. The water treatment chemicals segment is gaining traction as industries and municipalities focus on clean water supply and wastewater treatment. Epichlorohydrin-based chemicals, such as polyamines and flocculants, are critical in purification processes.

Regional Demand Analysis

Asia Pacific dominates the global Epichlorohydrin market, led by countries such as China, Japan, South Korea, and India. The region benefits from large-scale production facilities, a strong manufacturing base for epoxy resins, and high demand from downstream industries like electronics, construction, and automotive. China, being both a major producer and consumer, plays a crucial role in shaping global market dynamics. The increasing investments in renewable ECH capacity and tightening environmental regulations are influencing production patterns in Asia.

Europe follows as another significant market, driven by the region's focus on sustainability and advanced materials. Countries such as Germany, France, and Belgium are leading in the development of bio-based Epichlorohydrin derived from renewable glycerin. The presence of companies such as Solvay and Advanced Biochemical (Thailand) Co., Ltd., which supply to European customers, further supports the region's transition toward eco-friendly ECH solutions.

Key Manufacturers

The global epichlorohydrin manufacturers include Solvay SA, Advanced Biochemical (Thailand) Co., Ltd., Aditya Birla Chemicals, Hexion, Ineos, Sumitomo Chemical, Olin Corporation, Lotte Fine Chemical, Shandong Haili Chemicals, Osaka Soda, Kashima Chemicals, Chang Chun and Other Manufacturers.

Market Driver: Growing demand for epoxy resins

One of the major drivers for the Epichlorohydrin market is the growing demand for epoxy resins, particularly in construction, wind energy, and automotive applications. The global trend toward lightweight and high-strength materials in manufacturing has resulted in rising consumption of epoxy-based composites. Additionally, the increasing production of electrical and electronic components continues to fuel ECH consumption, given epoxy's role in protective coatings and encapsulation materials.

Another strong driver is the shift toward bio-based Epichlorohydrin, driven by environmental regulations and corporate sustainability commitments. The adoption of bio-glycerin as a renewable feedstock not only helps reduce carbon emissions but also mitigates the volatility associated with propylene-based raw materials. The growth of the renewable chemicals sector, coupled with consumer demand for greener alternatives, has encouraged several producers to invest in sustainable production technologies. Expanding infrastructure projects, especially in developing economies, are further propelling ECH demand for coatings, adhesives, and sealants. Water treatment and paper industries also continue to contribute to market expansion, given the product's utility in improving water purification efficiency and paper strength.

Market Restraint: Volatile raw material prices

One of the primary challenges is the volatility of raw material prices, particularly propylene, which directly affects production costs for traditional ECH manufacturers. This issue is partially alleviated by the rise of bio-based alternatives, but high initial setup and operational costs for bio-based plants remain a barrier to widespread adoption.

Environmental and health concerns associated with ECH also pose significant challenges. Epichlorohydrin is classified as a hazardous substance, requiring strict handling, storage, and transportation measures. Increasing regulatory scrutiny over emissions and workplace safety adds compliance costs to producers.

Table of Contents

1. Introduction

• Scope
• Market Coverage
  • Applications
  • Regions
  • Countries
• Years Considered
  • Historical - 2018 - 2023
  • Base - 2025
  • Forecast Period - 2025 - 2034
• Research Methodology
  • Approach
  • Research Methodology
  • Prismane Consulting Market Models
  • Assumptions & Limitations
  • Abbreviations & Definitions
  • Conversion Factors
  • Data Sources

2. Market Synopsis

• Market Evolution
• Demand-Supply Overview
• Industry Structure
• Strategic Issues
• End-use Trends
• Growth Forecast

3. Economic & Energy Outlook

• GDP and Demographics
• Monetary & Fiscal Policies
• Crude Oil Production and prices
• Natural Gas
• Electricity Prices

4. End-use Sector Performance

• Paints & Coatings
• Construction
• Laminates & Adhesives
• Electrical & Electronics
• Packaging
• Others

5. Plants & Projects Analysis

• Epichlorohydrin Production Capacity, by Company
• Epichlorohydrin Production Capacity, by Country

6. Introduction to Epichlorohydrin and Market Overview

• Product Description
• Grades & Properties
• Raw Material
• Manufacturing Process
• Environmental Issues
• Value Chain
• Applications

7. Market Dynamics and Industry Trends

• Market Dynamics
  • Drivers
  • Restraints
  • Opportunities
  • Challenges

8. Global Epichlorohydrin Demand-Supply Analysis, By Application (Volume, Value) (2018-2034)

• Strategic Issues
• Demand-Supply Analysis and Forecast (2018 - 2034)
  • Capacity
  • Capacity Utilization (%)
  • Production
  • Net Trade
  • Demand
  • Demand Growth Rate (%)
  • Driving Force Analysis
• Global Epichlorohydrin Market, By Application
  • Epichlorohydrin elastomers
  • Epoxy resins
  • Polyamide-epichlorohydrin resins
  • Synthetic glycerin
  • Others

9. Demand-Supply Analysis and Market Review, By Region, By Country (Volume, Value), (2018- 2034)

• Strategic Issues
• Capacity
• Capacity Utilization (%)
• Production
• Import
• Exports
• Net Exports
• Demand
• Demand Growth Rate (%)
• Epichlorohydrin Market, By Application

Note: Demand-Supply Analysis has been provided for all major Regions / Countries as mentioned below. The demand-supply (consumption) split by applications has been provided for each of the countries/regions in Volume (tons) and Value (USD Million).

• North America
  • USA
  • Canada
  • Mexico
• Western Europe
  • Germany
  • France
  • Italy
  • United Kingdom
  • Spain
  • Rest of Western Europe
• Central & Eastern Europe
  • Russia
  • Poland
  • Rest of Central & Eastern Europe
• Asia-Pacific
  • China
  • Japan
  • India
  • South Korea
  • ASEAN
  • Rest of Asia-Pacific
• Central & South America
  • Brazil
  • Rest of Central & South America
• Middle East & Africa
  • Saudi Arabia
  • South Africa
  • Rest of Middle East & Africa

Note: CAGR will be calculated for all the applications to arrive at the regional/global demand growth for the forecast period (2025 - 2034)

10. Pricing Analysis

• Average Epichlorohydrin Prices, USD/Kg
• Average Epichlorohydrin Prices, by Region
• Price Forecast

11. Key Strategic Issues

12. Business Opportunity Assessment

• Market Attractiveness Assessment
• Prospective & Target Market Study

13. Strategic Recommendation & Suggestions

14. Company Analysis and Market Share Analysis

• Epichlorohydrin Manufacturers Profiles/ Company Analysis
  • Basic Details
  • Headquarters, Key Markets
  • Ownership
  • Company Financial
  • Manufacturing Bases
  • Global Turnover
  • Total Employee
  • Product Portfolio / Services / Solutions
  • Recent Developments
  • Companies Covered
  • Solvay SA
  • Advanced Biochemical (Thailand) Co., Ltd.
  • Aditya Birla Chemicals
  • Hexion
  • Ineos
  • Sumitomo Chemical
  • Olin Corporation
  • Lotte Fine Chemical
  • Shandong Haili Chemicals
  • Osaka Soda
  • Kashima Chemicals
  • Chang Chun
  • Other Manufacturers

Note: This section includes company information, company financials, manufacturing bases, and operating regions. Company financials have been mentioned only for those companies where financials were available in SEC Filings, annual reports, or company websites. All the reported financials in this report are in U.S. Dollars. Financials reported in other currencies have been converted using average currency conversion rates. Company profiles may include manufacturers, suppliers, and distributors.

15. Appendices

• Demand-Supply - Regions
• Demand-Supply- Countries
• Capacities, 2018-2034