"Innovative Market Solutions to Help Businesses Make Informed Decisions"

Ethylene Dichloride (EDC) Market Size, Industry Share, & Growth Analysis, By Application (Vinyl Chloride Monomer, Solvent, and Others), and Regional Forecast, 2024-2032

Region :Global | Report ID: FBI108663 | Status : Ongoing

 

KEY INDUSTRY INSIGHTS

The global ethylene dichloride market size is expected to display notable growth during the forecast period of 2024-2032. The global EDC market is poised for strong growth due to surging demand for PVC resin in construction. Ethylene dichloride finds extensive use in the construction sector for manufacturing pipes, flooring materials, window frames and cables. In emerging economies infrastructure projects are growing rapidly which is increasing the demand for EDC boosting the market at a rapid pace.  In addition, EDC is used in production of various organic compounds including agricultural chemicals and other specialty chemicals. The continuous expansion of chemical industry is set to increase the demand for EDC over the forecast period.


Ethylene dichloride (or 1, 2 dichloroethane) is a chlorinated hydrocarbon. It is a colorless liquid with an odor similar to chloroform. It is commonly used as an industrial solvent for various applications due to its excellent solvent properties, low volatility and chemical stability. The most common use of EDC is in the production of vinyl chloride which is further used to make polyvinyl chloride (PVC) pipes, furniture and automotive parts.

Ethylene dichloride is a hazardous substance which has adverse effects on human health and the environment. Its production and disposal pose challenges in terms of pollution and waste management. Stringent environmental regulation and increasing awareness among consumers is increasing pressure on chemical manufacturers to reduce the adverse environmental impacts caused by EDC. These factors may restraint its ethylene dichloride market demand in near future.

Impact of COVID-19 on the Ethylene Dichloride Market


Coronavirus outbreak has impacted many industrial manufacturing activities and production including ethylene dichloride. Many sectors including automotive, construction, and furniture faced huge decline in its demand which has significantly lowered the sales of ethylene dichloride. During pandemic import export were totally halted across many borders which disrupted the supply chain of the ethylene dichloride market. This resulted in the unavailability of raw materials and shortage of labor that affected the overall production of ethylene dichloride. Moreover, automotive and construction industry gained momentum in year 2021 and recovered fully in 2022 fueling the demand for ethylene dichloride in respective years.

Segmentation Analysis














By Application


By Geography


 


  • Vinyl Chloride Monomer

  • Solvent

  • Others




  • North America (U.S. and Canada)

  • Europe (Germany, France, Italy, U.K., and Rest of Europe)

  • Asia Pacific (China, Japan, South Korea, India and Rest of APAC)

  • Latin America (Brazil, Mexico and Rest of LATAM)

  • Middle East & Africa (GCC, South Africa and Rest of MEA)



Key Insights


The report will cover the following key insights:


  • Key Emerging Trends – For Major Regions

  • Key Developments: Mergers, Acquisitions, Partnerships, and Others

  • Latest Technological Advancement

  • Insights on Sustainability

  • Porters Five Forces Analysis

  • Impact of COVID-19 on the Market


Analysis by Application


By application, the ethylene dichloride market is segmented into vinyl chloride monomer, solvent and others. As ethylene dichloride is a key raw material in the production of vinyl chloride monomer, it accounts for the significant share of the total demand. The main application of VCM is for the production of polyvinyl chloride (PVC) that is widely used in construction, electrical, automotive and packaging industry. This wide range of application will drive the demand for PVC material over the forecast period thus fueling the market growth of ethylene dichloride.

Regional ETHYLENE DICHLORIDE MARKET Analysis


Asia Pacific Held Largest Market Share Due to Major Investments in Infrastructure Development

To gain extensive insights into the market, Request for Customization


Based on region, the ethylene dichloride industry is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Asia Pacific accounted for the largest share of the ethylene dichloride market in the year 2022 and is poised to maintain its dominance during the forecast period. The growth is supported by countries such as China and India which are leading consumers of ethylene dichloride and are investing heavily in infrastructure development. Moreover, ethylene dichloride is widely used as solvent and cleaning agents for cleaning the metal surfaces due to its excellent solvent properties that are effective in removing oil, grease and other contamination from metal surfaces. Due to these factors EDC market is expected to propel in this region.

North America and Europe are expected to drive the market moderately over the forecast period. In textile and leather industry ethylene dichloride is widely used which is anticipated to drive the market in these region. The presence of key players contributes to drive the ethylene dichloride market in these region. The market in the Middle East & Africa region is expected to grow moderately during the forecast period.

Key Players Covered



  • Formosa Plastics Corporation

  • Occidental Petroleum Corporation

  • Vynova Group

  • Arihant Solvents and Chemicals

  • Hwatsi Chemical Pvt. Ltd.

  • Hanwha solutions

  • Westlake Chemical

  • Valco Group

  • SABIC

  • Meru Chem Pvt. Ltd.

  • Asahimas Chemical Company.


Key Industry Developments:



  • November 2020 - Vynova launched new circular-attributed PVC resin, this resin is produced using ethylene which is made from pyrolysis oil as feedstock.

  • December 2021 - Hanwha solutions announced to increase its ethylene dicloride (EDC) production capacity annualy at its Yeosu facility in South Korea.

  • December, 2019 - RIL signed a framework agreement with Abu Dhabi National Oil Company (ADNOC) to explore development of ethylene dichloride facility in Ruwais, Abu Dhabi. 





  • Ongoing
  • 2023
  • 2019-2022
  • Pre Book
Multi-report Purchase Plan
    A Customized Plan Will be Created Based on the number of reports you wish to purchase
Chemicals & Materials Clients
UBS
Kpmg
Iwatani
Samsung
Mobil
Client Testimonials

“We are quite happy with the methodology you outlined. We really appreciate the time your team has spent on this project, and the efforts of your team to answer our questions.”

- One of the largest & renowned medical research centers based in the U.S. on a report on the U.S. NIPT Market.

“Thanks a million. The report looks great!”

- Feedback from a consultant on a report on the U.S. Beef Market.

“Thanks for the excellent report and the insights regarding the lactose market.”

- Brazil based company specializing in production of protein ingredients.

“I liked the report; would it be possible to send me the PPT version as I want to use a few slides in an internal presentation that I am preparing.”

- Global Digital Services Agency on a report on the Global Luxury Goods Market.

“This report is really well done and we really appreciate it! Again, I may have questions as we dig in deeper. Thanks again for some really good work.”

- U.S.-based biotechnology company focussing on treatment of chronic pain.

“Kudos to your team. Thank you very much for your support and agility to answer our questions.”

- Europe-based provider of solutions to automate data centre operations.

“We appreciate you and your team taking out time to share the report and data file with us, and we are grateful for the flexibility provided to modify the document as per request. This does help us in our business decision making. We would be pleased to work with you again, and hope to continue our business relationship long into the future.”

- India-based manufacturer of industrial and specialty intermediates with a strong global presence.

“I want to first congratulate you on the great work done on the Medical Platforms project. Thank you so much for all your efforts.”

- One of the largest cosmetics company in the world.

“Thank you very much. I really appreciate the work your team has done. I feel very comfortable recommending your services to some of the other startups that I’m working with, and will likely establish a good long partnership with you.”

- U.S. based startup operating in the cultivated meat market.

“We received the below report on the U.S. market from you. We were very satisfied with the report.”

- Global hearing aids manufacturer.

“I just finished my first pass-through of the report. Great work! Thank you!”

- U.S. based solar racking solutions provider.

“Thanks again for the great work on our last partnership. We are ramping up a new project to understand the imaging and imaging service and distribution market in the U.S.”

- World’s leading advisory firm.

“We feel positive about the results. Based on the presented results, we will do strategic review of this new information and might commission a detailed study on some of the modules included in the report after end of the year. Overall we are very satisfied and please pass on the praise to the team. Thank you for the co-operation!”

- Germany based machine construction company.

“Thank you very much for the very good report. I have another requirement on cutting tools, paper crafts and decorative items.”

- Japanese manufacturing company of stationery products.

“We are happy with the professionalism of your in-house research team as well as the quality of your research reports. Looking forward to work together on similar projects”

- One of the Leading Food Companies in Germany

“We appreciate the teamwork and efficiency for such an exhaustive and comprehensive report. The data offered to us was exactly what we were looking for. Thank you!”

- Intuitive Surgical

“I recommend Fortune Business Insights for their honesty and flexibility. Not only that they were very responsive and dealt with all my questions very quickly but they also responded honestly and flexibly to the detailed requests from us in preparing the research report. We value them as a research company worthy of building long-term relationships.”

- Major Food Company in Japan

“Well done Fortune Business Insights! The report covered all the points and was very detailed. Looking forward to work together in the future”

- Ziering Medical

“It has been a delightful experience working with you guys. Thank you Fortune Business Insights for your efforts and prompt response”

- Major Manufacturer of Precision Machine Parts in India

“I had a great experience working with Fortune Business Insights. The report was very accurate and as per my requirements. Very satisfied with the overall report as it has helped me to build strategies for my business”

- Hewlett-Packard

“This is regarding the recent report I bought from Fortune Business insights. Remarkable job and great efforts by your research team. I would also like to thank the back end team for offering a continuous support and stitching together a report that is so comprehensive and exhaustive”

- Global Management Consulting Firm

“Please pass on our sincere thanks to the whole team at Fortune Business Insights. This is a very good piece of work and will be very helpful to us going forward. We know where we will be getting business intelligence from in the future.”

- UK-based Start-up in the Medical Devices Sector

“Thank you for sending the market report and data. It looks quite comprehensive and the data is exactly what I was looking for. I appreciate the timeliness and responsiveness of you and your team.”

- One of the Largest Companies in the Defence Industry
We use cookies to enhance your experience. By continuing to visit this site you agree to our use of cookies . Privacy.
X