Ethylene Dichloride Market Foreseen to Draw a Promising Growth to Generate Massive Revenue during 2031

New York, Global Ethylene Dichloride Market report from Global Insight Services is the single authoritative source of intelligence on Ethylene Dichloride Market. The report will provide you with analysis of impact of latest market disruptions such as Russia-Ukraine war and Covid-19 on the market. Report provides qualitative analysis of the market using various frameworks such as Porters’ and PESTLE analysis. Report includes in-depth segmentation and market size data by categories, product types, applications, and geographies. Report also includes comprehensive analysis of key issues, trends and drivers, restraints and challenges, competitive landscape, as well as recent events such as M&A activities in the market.

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Ethylene dichloride is an organic compound with the chemical formula C2H4Cl2. It is a colorless, volatile liquid with a sweet, chloroform-like odor. It is produced on a large scale for use as a refrigerant and as a starting material for the production of vinyl chloride, which is used to make PVC plastic.

Key Players

The global ethylene dichloride market includes players such as Olin Corporation, Occidental Chemical Corporation, Formosa Plastics Corporation, Tosoh Corporation, Vynova Group, SABIC, Westlake Chemical Corporation, Thyssenkrupp AG, PT Asahimas Chemical, Prochem Inc., and others.

Key Drivers

The key drivers of the ethylene dichloride market are expected to be the growing demand for PVC and the increasing use of EDC as a chlorinating agent.

The demand for EDC is also expected to be driven by the growing use of chlorinated solvents in the electronics and chemical industries.

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Market Segments

The ethylene dichloride market is segmented by application, production process, end-user, and region. By application, the market is segmented by vinyl chloride monomer, ethylene amines, and others. Based on the production process, it is bifurcated into direct chlorination, and oxy chlorination. On the basis of end-user, it is divided into construction, automotive, packaging, medical, and others. Region-wise, the market is segmented into North America, Europe, Asia Pacific, and the Rest of the World.

Key Trends

The key trends in ethylene dichloride technology are focused on improving the efficiency of production and the quality of the product.

In terms of production, efforts are being made to increase the yield of ethylene dichloride from a given reaction, as well as to reduce the energy and raw material inputs required.

In terms of product quality, the focus is on reducing the level of impurities, such as chlorinated by-products, in the final product.

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