Global Ethylene Dichloride Market is valued at USD 17.14 Billion in 2019 and expected to reach USD 21.99 Billion by 2026 with the CAGR of 3.62% over the forecast period.
Growing use of EDC in making of PVC is expected to drive the Global Ethylene Dichloride Market.
Scope of Global Ethylene Dichloride Market Report–
Ethylene dichloride (EDC) is a chlorinated hydrocarbon with chemical compound named 1, 2-dichloroethane. It has chloroform like odour and is a colourless liquid. Generally, ethylene dichloride is used in the production of vinyl chloride, which is used to make polyvinyl chloride (PVC) pipes, furniture and automobile upholstery, wall coverings, housewares, and automobile parts. It is also used in manufacture of other organic chemical compounds and as a solvent.
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Global Ethylene Dichloride Market is segmented on the basis of application, end-user and region & country level. Based on application, global ethylene dichloride market is classified as vinyl chloride monomer, ethylene amines, and others. Based upon end-user, global ethylene dichloride market is classified into construction, automotive, packaging, furniture, medical, and others.
The regions covered in this ethylene dichloride market report are North America, Europe, Asia-Pacific and Rest of the World. On the basis of country level, market of ethylene dichloride is sub divided into U.S., Mexico, Canada, U.K., France, Germany, Italy, China, Japan, India, South East Asia, GCC, Africa, etc.
Key Players for Global Ethylene Dichloride Market Report-
Some major key players for global ethylene dichloride market are Olin Corporation, Formosa Plastics Corporation, Westlake Chemical Corporation, Axiall Corporation, Occidental Petroleum Corporation, PPG Industries, The Dow Chemical Company, PT Asahimas Chemical, Horizon Chemical Industry Co. Ltd, Punjab Chemicals & Crop Protection Limited and others.
Global Ethylene Dichloride Market Dynamics–
The increasing demand of PVC related products and various application of ethylene dichloride in manufacturing of chemical compounds as well as use of it as dispersant in rubber and plastics is the major factor driving the growth of global ethylene dichloride market. For instance; more than 90 percent of produced EDC is used in the production of vinyl chloride monomer (VCM) and VCM is one of the main ingredient in the production of polyvinyl chloride. In addition, increasing use of PVC in many industrial sectors such as rigid pipe & tubing, windows & doors, resellers & compounders, calendaring, coating, wire & cable, siding and etc. is also supplementing the market growth. As PVC market is growing steadily, the EDC market is also expanding, as EDC is one of the main ingredients for PVC production. Other than that EDC is also used in the production of methyl chloroform (1,1,1-trichloroethane), ethyleneamines, perchloroethylene, trichloroethylene, and vinylidene chloride (1,1-dichloroethene). Other than that, consumption of EDC by minor uses, more than 20% is used in the manufacturing of paints, coatings and adhesives, then extraction of oil from seeds, treating animal fats and processing pharmaceutical products is responsible for 23% and 19% of EDC is consumed in cleaning textile products and polyvinyl chloride manufacturing equipment. Furthermore, it is used in preparation of polysulfide compounds, grain fumigation and as a carrier for amines in leaching copper ores, in the production of color film, as diluent for pesticide and herbicides etc. However, stringent rules & regulations regarding the production and use of EDC due to its taxability may hamper the market growth up to some extent.
Global Ethylene Dichloride Market Regional Analysis–
Asia-Pacific is expected to witness a fastest growth in the global ethylene dichloride market for ethylene dichloride due to availability of cheap labor & raw materials, low manufacturing cost and moderately strict regulatory framework and rapid economic development in countries such as China and India. For instance; china had about 11% of CAGR in recent years in automotive industry and is expected to have high growth rate of more than 15% in forecast period which will also help the EDC market to grow with significant CAGR in this region. In Europe, the ethylene dichloride market will have moderate growth rate due to growing automotive production, high investment in research & development activities and strict environmental regulations. North America is expected to witness moderate growth due to high consumption potential, increasing production capabilities and rising use of EDC in various sectors. In 2015, the per capita consumption of PVC was more than 14 kg which was highest in the world. This shows that there is high demand for EDC in this region as it is used in production of PVC.
Key Benefits for Global Ethylene Dichloride Market Report–
Global market report covers in depth historical and forecast analysis.
Global market research report provides detail information about Market Introduction, Market Summary, Global market Revenue (Revenue USD), Market Drivers, Market Restraints, Market opportunities, Competitive Analysis, Regional and Country Level.
Global market report helps to identify opportunities in market place.
Global market report covers extensive analysis of emerging trends and competitive landscape.
Global Ethylene Dichloride Market Segmentation:–
Vinyl Chloride Monomer
By Regional & Country Analysis
The Middle East and Africa
Rest of Middle East and Africa
Table of Content
1 Study Coverage
1.1 Ethylene Dichloride Product
1.2 Key Market Segments in This Study
1.3 Key Manufacturers Covered
1.4 Market by Type
1.5 Market by Application
1.6 Study Objectives
1.7 Years Considered
2 Executive Summary
2.1 Global Ethylene Dichloride Market Size
2.2 Ethylene Dichloride Growth Rate (CAGR) 2019-2025
2.3 Analysis of Competitive Landscape
2.4 Key Trends for Ethylene Dichloride Markets & Products
3 Market Size by Manufacturers
3.1 Ethylene Dichloride Production by Manufacturers
3.2 Ethylene Dichloride Revenue by Manufacturers
3.3 Ethylene Dichloride Price by Manufacturers
3.4 Mergers & Acquisitions, Expansion Plans
4 Ethylene Dichloride Production by Regions
4.1 Global Ethylene Dichloride Production by Regions
4.2 North America
5 Ethylene Dichloride Consumption by Regions
5.1 Global Ethylene Dichloride Consumption by Regions
5.2 North America
5.4 Asia Pacific
5.5 Central & South America
5.6 Middle East and Africa
6 Market Size by Type
6.1 Global Ethylene Dichloride Production by Type
6.2 Global Ethylene Dichloride Revenue by Type
6.3 Ethylene Dichloride Price by Type
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