Reports and Data estimates the global Epoxypropane Market competitive landscape is highly fragmented with numerous players operating on a global and regional scale. The key companies in the market are engaged in mergers and acquisitions, joint ventures, collaborations, and product launches to gain a robust revenue growth over the forecast period. The report considers 2020-2021 as historic years, 2020 as the base year, and 2022-2028 as the forecast period. The report offers CAGR and market size for the global Epoxypropane Market during the forecast period.

The report also offers key insights about the top companies operating in the market and their market share and global position along with product portfolio and advancements. The top companies in the market include: DAISO Co. Ltd., Aditya Birla Chemicals, Hanwha Chemical, Formosa Plastics, Kashima Chemical, Jiangsu Yangnong Chemical Group, Spolchemie AS, Momentive Specialty Chemical Industries (Hexion), Sumitomo Chemicals, and Spolchemie AS.

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Epoxypropane Market  Overview :-

The global Epoxypropane market is forecast to reach USD 3,870.9 Million by 2028 from USD 2,695.8 Million, growing at a CAGR of 4.40% through the forecast period, according to a new report by Reports and Data. Epoxy resins find demand in a large number of end-use industries. Thus, rising demand from industries such as building and construction, automotive, and renewable energy equipment is anticipated to be a major driver for the market. Paints and coatings is among the largest end-user segments that consumes a major volume of epoxy resins in their formulations.Economic growth in the emerging countries of Asia Pacific will lead to a rise in the consumption of epoxy resin in paints and coatings, automotive, and building and construction sectors. The rise in private and public non-residential spending, as a result of increased employment opportunities, are improving the growth prospects for epoxy resins, thus benefitting the Epoxypropane (ECH) market.Largely, Epoxypropane manufacturing uses propylene as a raw material. Rising reach of bio-based products has urged manufacturers to use glycerin-based starting material. Various companies such as Samsung Fine Chemical, Dow Chemical Company, and Belgium’s Solvay SA are utilizing renewable feedstock glycerin to manufacture ECH.

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Raw Material Outlook (Volume, Kilo Tons; Revenue, USD Billion; 2018-2028)

• Bio-based
• Petro-based

End-use Outlook (Volume, Kilo Tons; Revenue, USD Billion; 2018-2028)

• Paints and Coatings
• Wind turbine
• Composites
• Construction
• Adhesives
• Electrical and electronics
• Others

Application Outlook (Volume, Kilo Tons; Revenue, USD Billion; 2018-2028)

• Epoxy resins
• Water treatment chemicals
• Synthetic Glycerin
• Pharmaceuticals
• Others

Key Regional Markets Covered in the Report:

• North America (U.S.A., Canada, Mexico)
• Europe (Italy, U.K., Germany, France, Rest of Europe)
• Asia Pacific (India, China, Japan, South Korea, Australia, Rest of Asia Pacific)
• Latin America (Chile, Brazil, Argentina, Peru, Rest of Latin America)

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 Key Questions answered by the Report:

• What is the expected year-on-year growth of the Epoxypropane Market during the forecast period?
• What key trends are expected influence revenue growth of the market going ahead?
• Which region is expected to account for largest revenue share over the forecast period?
• Which key companies are profiled in the report?

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About Reports and Data 

Reports and Data is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyze consumer behavior shifts across demographics, across industries, and help clients to make smarter business decisions. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Products, and Energy. We consistently update our research offerings to ensure our clients are aware of the latest trends existent in the market. Reports and Data has a strong base of experienced analysts from varied areas of expertise. Our industry experience and ability to develop a concrete solution to any research problems provides our clients with the ability to secure an edge over their respective competitors.

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