Rising Demand for Polyvinyl Chloride to Propel the Demand for Ethylene Dichloride Market


Posted January 17, 2019 by dmTMR1

Ethylene dichloride is a colorless liquid with sweet odor. It is manufactured by reacting ethylene with chlorine, which is further used to produce vinyl chloride monomer.

 
Transparency Market Research (TMR) provides key insights on the ethylene dichloride market in its latest report titled “Ethylene Dichloride Market: Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2018 – 2026.” According to the report, rapid growth of polyvinyl chloride applications in North America is predicted to fuel the ethylene dichloride market during the forecast period.

The report has segmented the ethylene dichloride market in terms of application and region. Based on application, the ethylene dichloride market is segmented into Polyvinyl Chloride (PVC), Trichloroethylene (TCE), Ethylene Amines, Vinylidene Chloride, Trichloroethane, Perchloroethylene (Tetrachloroethylene), and Hexachlorophene. Ethylene dichloride is used as an intermediate chemical in the manufacture of vinyl chloride monomer (VCM), which is further used to produce polyvinyl chloride. More than 90% of the global ethylene dichloride is used in the manufacture of polyvinyl chloride. It is also used in the production of chlorinated solvents such as trichloroethylene, vinylidene chloride, ethylene amines, and trichloroethane. Furthermore, it is used as an intermediate in the manufacture of perchloroethylene and as a catalyst in the manufacture of hexachlorophene. Ethylene dichloride is also employed as a solvent in metals, textiles, and adhesives.

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Based on geographical perspective, the global ethylene dichloride market is split into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America held major share of nearly 40% of the global ethylene dichloride market in 2017. It was followed by Europe. However, Asia Pacific was the key consumer of ethylene dichloride in 2017. The ethylene dichloride market in the region is anticipated to expand at a fast pace during the forecast period. Asia Pacific primarily imports ethylene dichloride from the U.S. and the Middle East. The supply of ethylene dichloride was restricted in 2017; hence, prices of ethylene dichloride increased due to the rise in prices of ethylene.

Major players operating in the ethylene dichloride market are included in this report to give a better competitive analysis of the market and these are Formosa Plastics Corporation, U.S.A., Occidental Chemical Corporation and The Dow Chemical Company.

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Last Updated January 17, 2019