Epichlorohydrin Market size was over USD 3 Billion in 2023 and is set to cross USD 6 Billion by the end of 2036, growing at more than 6% CAGR during the forecast period i.e., between 2024-2036. In the year 2024, the industry size of epichlorohydrin is evaluated at USD 3.18 Billion.
The growing need for paints and coatings in the building industry is one of the major reasons driving the epichlorohydrin market. The automobile sector uses paints and coatings in addition to building, and as more people purchase cars due to an increasing global population, the market for epichlorohydrin will grow. Global auto production reached 85.4 million in 2022, up 5.7% from the previous year.
Author Credits: Rajrani Baghel
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