Title: Ethylene Dichloride Market - Forecast(2022 - 2027)
1Ethylene Dichloride Market - Forecast(2022 -
2027)
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- Ethylene Dichloride market size is forecast to
reach XX.X million by 2025, after growing at a
CAGR of 3.8 during 2020-2025. - Ethylene Dichloride Market size is likely to
witness significant growth on account of
growing PVC industry and its usage in
construction, and electrical industries owing to
its lightweight versatile nature. - In addition, it is used in packaging, transport,
healthcare, and apparel industries on account of
high melting point and vapor pressure. Increasing
urbanization, along with rising disposable income
has led to a significant increase in global PVC
market demand, thereby stimulating the ethylene
dichloride market demand.
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- Key Takeaways from this Report
- New product developments and increasing
investments in research and development of
ethylene dichloride are expected to drive the
growth of this market. - Among application, vinyl chloride monomer segment
is projected to lead the ethylene dichloride
market during the forecast period. - North America dominated the ethylene dichloride
market.
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- By Distribution Channel- Segment Analysis
- Vinyl Chloride Monomer segment held a significant
share in ethylene dichloride market in 2019.
Ethylene dichloride is a colorless liquid with
sweet odor. It is manufactured by reacting
ethylene with chlorine, which is further
thermally cracked in order to produce vinyl
chloride monomer. Ethylene dichloride can be
manufactured using two routes. The direct
chlorination process that uses pure chlorine and
ethylene is primarily employed to produce
ethylene dichloride. Another process called
oxy-chlorination, wherein the ethylene reacts
with chlorine in hydrogen chloride, is also
frequently used for the production of ethylene
dichloride.
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- Ethylene Dichloride Market Industry Outlook
- The Dow Chemical Company
- Occidental Chemical Corporation
- Formosa Plastics Corporation
- Reliance Industries Limited
- E. I. du Pont de Nemours
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-dichloride-market.html
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