Ethylene Dichloride Market Size, Industry Analysis Report, Regional Outlook, Application Development Potential, Price Trends, Competitive Market Share & Forecast, 2020 - 2026
Report ID: GMI4073
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 transport, packaging, healthcare, and apparel industries on account of high melting point and vapour pressure. Increasing urbanisation, along with rising disposable income has led to a significant increase in global PVC market demand, which is predicted to surpass USD 70 billion by 2025, thereby stimulating the ethylene dichloride market demand.
It is a flammable liquid chlorinated hydrocarbon, with a pleasant smell. It is colourless, oily, synthetic, and clear liquid, which emits toxic fragrance when heated. It is majorly used to produce vinyl chloride, which is used in making of wall coverings, automobile upholstery, housewares, and PVC pipes. Growing market demand from automobile industry is increasing owing to their high-performance quality and cost effectiveness, which would augment global ethylene dichloride market share.
It is used as a solvent for cleaning purposes and various extraction in organic synthesis, metal, textile and adhesive industry owing to its high solubility. Global solvent market is expected to increase by USD 61.5 billion by 2025 owing to rising concerns to maintain household products & industrial uses such as degreasing machines and other industrial tools.
Ethylene dichloride market demand from rubber & plastic applications may drive the market, it is used as a dispersant in rubber and plastics owing to its penetration properties. Global plastic industry market size surpassed USD 525 billion in 2019 owing to increasing rubber & plastic consumption in automotive, electrical & electronics, and construction industries, which may further stimulate industry growth.
North America, led by Canada, Mexico, and U.S. ethylene dichloride market share may witness significant growth over the predicted time period. Increasing utilization of PVC for execution of “smart city” project should further boost product demand. Regional PVC pipe market volume surpassed 5.2 million tons in 2018 and is projected to reach 6.5 million tons by 2025 owing to increasing demand from public & private infrastructure and construction industries. Which is likely to boost product demand.
Europe ethylene dichloride market size, led by UK, France, Italy, and Germany is predicted to show a steady growth on account of its growing consumption for manufacturing vinylidene chloride, chlorinated solvents, and ethyleneamines. Regional ethyleneamines market is predicted to rise on account of its growing application in personal care & household products. European cosmetic market size surpasses USD 85 billion in 2018 owing to rising concerns for personal care and high range of beauty products, may drive the industry growth.
Asia Pacific ethylene dichloride market size, led by India, China, Australia, and Japan is predicted to witness significant growth on account of rapid industrialisation. Transformations in industrial segment, which increases its sales in construction industry may foster the product demand. India infrastructure investment may surpass USD 89.2 billion by 2025 owing to increasing population and demand for residential construction, which would augment product demand.
Stringent government regulations on its consumption patterns owing to harmful effects on environment, hampers the growth of the market. Manufacturers are working to develop new high-temperature direct chlorination process which increase purity and yield of product manufacturing process.
Global ethylene dichloride market share is moderately fragmented. Some of its manufacturers are Dowdupont, Formosa Plastics Corporation, Westlake, Horizon Chemical Industry, LG Chem, Occidental Chemical Corporation, and Punjab Chemicals & Crop Protection.
Ethylene Dichloride Market, By Application, 2014-2025 (Kilo Tons) (USD Million)
- Agricultural Chemicals
- Chemical Solvents
- PVC Production
Ethylene Dichloride Market, By End-Use, 2014-2025 (Kilo Tons) (USD Million)
The above information is provided for the following regions and countries:
- North America
- Asia Pacific
- South Korea
- Latin America
- Middle East & Africa
- South Africa
- Saudi Arabia
- Formosa Plastics
- LG Chem
- Occidental Chemical
- Punjab Chemicals & Crop Protection
- Horizon Chemical Industry
- Formosa Plastics
- PPG Industries
What Information does this report contain?
Customize this Report
Our Market Research Reports Include:
- Market snapshot
- Market Segmentation
- Value Chain Analysis
- Growth Dynamics
- Potential Market Opportunities
- Regulatory Overview
- Technology Evolution
- Innovation & Sustainability
Take a free trial of GMIPuse, our report store; designed to provide clients a range of market research services, all on a single platform.Start Your Free Trial
Benefits of Association
Data Coverage & Quality
GMI reports provide the most comprehensive coverage of any focus industry, ensuring a holistic and deep understanding of the market, along with actionable and granular data. We also take pride in our commitment to quality and strive to ensure that our clients get their moneys worth.
Client Trust & Security
GMI maintains strict code of conduct as a business and is committed to ensure that the privacy and trust of our clients are always maintained. As an organization, we also strive to be fully compliant with privacy laws, PCI and information security guidelines.
Our customers rely on us to produce accurate, reliable and timely information. Service orientation is a key mission for us as an organization; our process is guided by the desire to ensure that our clients are provided the best possible solutions in optimal timeframe. GMI stands by its commitment to service, providing timely assistance in both pre-sales and post-sales support for our clients.