Infinium Global Research has added a new report on Ethylene Dichloride Market. The report predicts the market size of Ethylene Dichloride is expected to reach XX billion by 2023.
The global ethylene dichloride market is expected to grow at a CAGR between 3.0% and 3.5% from 2017 to 2023. Ethylene dichloride (also known as EDC) is a chlorinated hydrocarbon liquid, which is colourless, flammable, pleasant smelling and oily. Ethylene dichloride is also known as 1,2-dichloroethane. Ethylene dichloride is predominately used as an intermediate for the manufacturing of monomer of vinyl chloride, a raw material, used for the manufacturing of poly vinyl chloride (PVC). Ethylene dichloride is also used for manufacturing chemical solvents such as ethylene amines, trichloroethane, trichloroethylene, and vinylidene chloride. EDC is used as solvents in industries such as adhesives, metal cleaning, and textile.
The growth in the PVC market is expected to drive the growth of ethylene dichloride market as over 95% of the output of the ethylene dichloride is used in PVC industry. The major end user applications of PVC are in the construction industry, and the growth in construction sector is likely to drive the growth in global ethylene dichloride market over the forecast period. Furthermore, the advanced resins developed with the utilization of EDC as major raw material are expected to provide growth opportunities for the market during the forecast period.
The report segments the global ethylene dichloride market by applications, types of process, and region. Applications include agricultural chemicals, chemical intermediate, chemical solvents, and VCM/PVC raw materials production. On the basis of type of process, the market is segmented into, catalyst law, chlorination and direct synthesis.
- Bayer AG, Dupont, Formosa Plastics
- INEOS Group Ltd, LG Chem Ltd
- Occidental Chemical Corporation
- Reliance Industries, Saudi Aramco
- Solvay SA, and The Dow Chemicals
Key Topics Covered:
- Executive Summary
- Global Ethylene Dichloride Market Overview
- Global Ethylene Dichloride Market Analysis, by Application (USD Million, KT) 2014 – 2023
- Global Ethylene Dichloride Market Analysis, by Region (USD Million, KT) 2014 – 2023
- Company Profiles