Product Code: ETC4490671 | Publication Date: Jul 2023 | Updated Date: Sep 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 85 | No. of Figures: 45 | No. of Tables: 25 | |
The Vietnam epichlorohydrin (ECH) market is witnessing growth propelled by the chemical`s applications in the production of epoxy resins, textiles, and water treatment chemicals. As Vietnam addresses environmental concerns and invests in water treatment infrastructure, the demand for ECH is expected to rise. Additionally, the epoxy resin market`s expansion, driven by construction and electronics industries, further contributes to the positive outlook of the ECH market in Vietnam.
The Vietnam Epichlorohydrin (ECH) market is experiencing substantial growth due to several driving factors. One of the key drivers is the increasing demand for epoxy resins and other ECH-derived products in the country`s construction and automotive industries. ECH is a vital precursor in the production of epoxy resins, which are used in adhesives, coatings, and composites. The expanding construction sector, driven by infrastructure projects and urbanization, relies on epoxy resins for various applications, including flooring and coatings. The automotive industry`s growth, fueled by rising consumer purchasing power, is also contributing to the demand for ECH-derived materials, as epoxy resins are used in automotive coatings and components. Additionally, the government`s efforts to promote environmentally friendly and energy-efficient construction materials are further boosting the ECH market, as epoxy resins can contribute to sustainability goals.
The Vietnam Epichlorohydrin (ECH) market confronts distinctive challenges that impact its operational landscape. One of the prominent challenges is the dependency on propylene, a key raw material for ECH production. Fluctuations in propylene prices can lead to cost variations and affect the overall profitability of market players. Additionally, stringent regulations regarding the handling and disposal of epichlorohydrin due to its hazardous nature pose compliance challenges for manufacturers. The market also faces competition from alternative materials in various applications, requiring continuous innovation and development to maintain market share. Furthermore, the global economic landscape and trade dynamics can introduce uncertainties in the supply chain, affecting the availability and pricing of key inputs for the Epichlorohydrin market in Vietnam.
The COVID-19 pandemic has left a lasting imprint on the Vietnam Epichlorohydrin (ECH) market. The market has grappled with challenges such as supply chain disruptions, changing consumer behavior, and economic uncertainties. In response, key players in the Vietnam Epichlorohydrin market have undertaken measures to mitigate risks, enhance operational efficiency, and explore new avenues for growth. The pandemic has accelerated the need for resilience and adaptability in the market, prompting companies to innovate and strategize for the post-pandemic landscape.
The Vietnam Epichlorohydrin (ECH) market witnesses the influence of major players shaping its trajectory. Companies such as Solvay S.A., Dow Inc., and Sumitomo Chemical Co., Ltd. are instrumental in driving advancements in this sector. Solvay S.A., a global chemical and advanced materials company, stands out for its commitment to sustainability and innovation. Dow Inc., a multinational chemical corporation, contributes with its technological expertise and diverse product range. Sumitomo Chemical Co., Ltd., a Japanese company, adds to the competitive landscape with its strategic initiatives in the Epichlorohydrin market.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Vietnam Epichlorohydrin (ECH) Market Overview |
3.1 Vietnam Country Macro Economic Indicators |
3.2 Vietnam Epichlorohydrin (ECH) Market Revenues & Volume, 2021 & 2031F |
3.3 Vietnam Epichlorohydrin (ECH) Market - Industry Life Cycle |
3.4 Vietnam Epichlorohydrin (ECH) Market - Porter's Five Forces |
3.5 Vietnam Epichlorohydrin (ECH) Market Revenues & Volume Share, By Applications, 2021 & 2031F |
3.6 Vietnam Epichlorohydrin (ECH) Market Revenues & Volume Share, By End Use, 2021 & 2031F |
4 Vietnam Epichlorohydrin (ECH) Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing demand for epoxy resins in various industries such as automotive, construction, and electronics |
4.2.2 Increasing investments in infrastructure development in Vietnam |
4.2.3 Shift towards eco-friendly and sustainable production processes |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices, particularly for propylene and chlorine |
4.3.2 Stringent environmental regulations impacting production costs |
4.3.3 Intense competition from other substitute chemicals in the market |
5 Vietnam Epichlorohydrin (ECH) Market Trends |
6 Vietnam Epichlorohydrin (ECH) Market, By Types |
6.1 Vietnam Epichlorohydrin (ECH) Market, By Applications |
6.1.1 Overview and Analysis |
6.1.2 Vietnam Epichlorohydrin (ECH) Market Revenues & Volume, By Applications, 2021-2031F |
6.1.3 Vietnam Epichlorohydrin (ECH) Market Revenues & Volume, By Epoxy Resins, 2021-2031F |
6.1.4 Vietnam Epichlorohydrin (ECH) Market Revenues & Volume, By Synthetic Glycerin, 2021-2031F |
6.1.5 Vietnam Epichlorohydrin (ECH) Market Revenues & Volume, By Water Treatment Chemicals, 2021-2031F |
6.1.6 Vietnam Epichlorohydrin (ECH) Market Revenues & Volume, By Pharmaceuticals, 2021-2031F |
6.2 Vietnam Epichlorohydrin (ECH) Market, By End Use |
6.2.1 Overview and Analysis |
6.2.2 Vietnam Epichlorohydrin (ECH) Market Revenues & Volume, By Paints & Applications, 2021-2031F |
6.2.3 Vietnam Epichlorohydrin (ECH) Market Revenues & Volume, By Electrical & Electronics, 2021-2031F |
6.2.4 Vietnam Epichlorohydrin (ECH) Market Revenues & Volume, By Construction, 2021-2031F |
6.2.5 Vietnam Epichlorohydrin (ECH) Market Revenues & Volume, By Wind Turbine, 2021-2031F |
6.2.6 Vietnam Epichlorohydrin (ECH) Market Revenues & Volume, By Composites, 2021-2031F |
6.2.7 Vietnam Epichlorohydrin (ECH) Market Revenues & Volume, By Adhesives, 2021-2031F |
7 Vietnam Epichlorohydrin (ECH) Market Import-Export Trade Statistics |
7.1 Vietnam Epichlorohydrin (ECH) Market Export to Major Countries |
7.2 Vietnam Epichlorohydrin (ECH) Market Imports from Major Countries |
8 Vietnam Epichlorohydrin (ECH) Market Key Performance Indicators |
8.1 Average selling price of epichlorohydrin (ECH) in Vietnam |
8.2 Capacity utilization rate of ECH manufacturing plants |
8.3 Number of new product developments or innovations in the ECH market in Vietnam |
9 Vietnam Epichlorohydrin (ECH) Market - Opportunity Assessment |
9.1 Vietnam Epichlorohydrin (ECH) Market Opportunity Assessment, By Applications, 2021 & 2031F |
9.2 Vietnam Epichlorohydrin (ECH) Market Opportunity Assessment, By End Use, 2021 & 2031F |
10 Vietnam Epichlorohydrin (ECH) Market - Competitive Landscape |
10.1 Vietnam Epichlorohydrin (ECH) Market Revenue Share, By Companies, 2024 |
10.2 Vietnam Epichlorohydrin (ECH) Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |