Epichlorohydrin (ECH) is a volatile and unstable colorless oily liquid with a chloroform-like odor.

Overview of Market Development

According to our research data, the global sales volume of epichlorohydrin in 2023 was 1.86 million tons, an increase of 6.52% compared to 2022; The market revenue was $3813 million, an increase of 5.18% compared to 2022. It is expected that by 2028, the global sales volume of epichlorohydrin will increase to 2.56 million tons, and the market revenue is expected to increase to $5172 million.

Analysis of Market Competitive Landscape

From the perspective of market competition, the concentration of the global epichlorohydrin market is moderate. Data shows that in 2023, the top 3 companies in the industry achieved a total revenue of $1378 million in the epichlorohydrin market, with a total revenue share of 36.14%; The total revenue of the Top 6 companies was $2106 million, with a total revenue share of 55.24%. The top three companies were Olin (Dow Chemical), Hexion, and Jiangsu Yangnong Chemical. In 2023, these three companies accounted for 20.03%, 9.56%, and 6.55% of the global market revenue for epichlorohydrin, respectively.

Source: www.globalmarketmonitor.com

Analysis of Downstream Application Pattern

From downstream applications, epichlorohydrin is a raw material for producing glycerol, epoxy resin, nitroglycerin explosives, fiberglass, electrical insulation products, plasticizers, stabilizers, surfactants, and chloroprene rubber. It can also be used as a solvent for cellulose esters, resins, and cellulose ethers. Among them, the synthesis field of epoxy resin is the largest downstream application market of epichlorohydrin. According to our data, the global sales volume of epichlorohydrin in the synthesis of epoxy resins in 2023 was 1.69 million tons, accounting for 90.53% of the total sales volume.

Market Analysis of Major Regions

From a regional perspective, the global market for epichlorohydrin is mainly concentrated in three major regions: North America, Europe, and the Asia Pacific region. Among them, the Asia Pacific region is the largest sales market. Data shows that the sales volume of epichlorohydrin in the Asia Pacific region was 981.9k tons in 2023, accounting for 52.73% of the total sales volume; The European and North American markets ranked second and third respectively with a share of 22.62% and 20.50%.

Global Epichlorohydrin Sales Volume and Proportion by Application and Region in 2023

	Sales Volume (K Tons)	Proportion
Segmented by Application
Synthesis of Epoxy Resin	1685.7	90.53%
Synthesis of Glycerol	98.0	5.26%
Others	78.3	4.21%
Segmented by Region
North America	381.8	20.50%
Europe	421.2	22.62%
Asia Pacific	981.9	52.73%
South America	477.0	2.56%
Middle East & Africa	294.0	1.58%

Source: www.globalmarketmonitor.com