Epichlorohydrin Price Trend Demystified: Insights into the Market Dynamics
Posted on 31 October, 2023 by Endru Smith
Epichlorohydrin (C3H5OCl) is a colorless chemical compound that comprises carbon, hydrogen, oxygen, and chlorine atoms bound together to form a volatile compound. The chemical is flammable in nature and has a characteristic smell, like chloroform. It is moderately soluble in water and is miscible in other organic solvents. The compound is commercially prepared by epoxidation of allyl chloride within an aqueous hydrogen peroxide solution in the presence of a catalyst, mainly titanium.
The chemical compound is highly reactive and marks its melting and boiling point around -25.6° C and 117.9° C, respectively. It is mainly associated with the plastics manufacturing and polymers manufacturing industries.
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The key importing countries that import Epichlorohydrin include India, the United States, and the Netherlands. On the other hand, the key exporting countries include Germany, South Korea, and China.
Key Details About the Epichlorohydrin Price Trend:
Procurement Resource does an in-depth analysis of the price trend to bring forth the monthly, quarterly, half-yearly, and yearly information on the Epichlorohydrin price in its latest pricing dashboard. The detailed assessment deeply explores the facts about the product, price change over the weeks, months, and years, key players, industrial uses, and drivers propelling the market and price trends.
Each price record is linked to an easy-to-use graphing device dated back to 2014, which offers a series of functionalities; customization of price currencies and units and downloading of price information as excel files that can be used offline.
The Epichlorohydrin Price, including India Epichlorohydrin price, USA Epichlorohydrin price, pricing database, and analysis can prove valuable for procurement managers, directors, and decision-makers to build up their strongly backed-up strategic insights to attain progress and profitability in the business.
Industrial Uses Impacting Epichlorohydrin Price Trend:
Epichlorohydrin is a flammable and volatile chemical compound with a wide range of applications in the commercial market on a large scale. The compound is mainly associated with the polymers and plastics manufacturing industries. It is used in manufacturing various resins and products derived from it. The primary usage of the chemical is in the production of commercial products like epoxy resins, coatings, and adhesives that are marketed globally.
Additionally, it is used to produce paints and inks used for painting or printing purposes. It also produces dyes, synthetic glycerin, solvents, surfactants, etc. The chemical compound is also associated with the pharmaceutical industry, where it is used as a material to manufacture cleansers, etc. It acts as a reactant or solvent in producing various industrial chemicals used in the medical and pharmaceutical sectors.
Key Players:
- Solvay S.A. Chemicals Company
- Zachem SA
- Samsung Fine Chemicals Company Limited
- Dow Chemical Company
- Sumitomo Chemical Company
- Aditya Birla Chemicals
News & Recent Development
- Date: March 1, 2023- Sinopec Corporation has announced the beginning of a new project that aims to produce high-quality chemicals, including a 100,000-tpy Epichlorohydrin unit, gasoline, and more in China.
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