Ethylene Dichloride Market Research Report- Forecast to 2030

Ethylene Dichloride Market Information by Application (Vinyl Chloride Monomer, Ethylene Amines, and Others), by End Use Industry (Construction, Automotive, Packaging, Furniture, Medical, and Others), and Region- Forecast till 2030

ID: MRFR/CnM/1869-HCR | February 2021 | Region: Global | 136 pages

Ethylene Dichloride Market Synopsis:


Ethylene Dichloride, also known as 1, 2-dichloroethane, is a chlorinated hydrocarbon. It is a colorless, clear liquid with sweet odor. It is majorly used as a chemical intermediate in the manufacturing of vinyl chloride monomer, which is further used in the production of polyvinyl chloride (PVC). The remainder material is used in the production of ethylene amines and other specialty chlorinated compounds. It does not accumulate in the aquatic food chain and is non-toxic to fish and aquatic organisms. Moreover, it is used in the production of consumer and industrial products and find wide application scope in numerous end use industries such as construction, automotive, packaging, medical, furniture, and others.


As per our analysis, some of the important market factors and trends identified in the Ethylene Dichloride Market include rapid urbanization, increasing per capita disposable income, and continuous growth of automotive sector. Furthermore, rising number of working professional coupled with the growing use of rigid & flexible packaging is expected to propel the growth of the market over the assessment period 2017-2023. Moreover, continuous growth in the automotive sector combined with the rising consumer awareness regarding the maintenance aspect of vehicles is anticipated to fuel the growth of the Ethylene Dichloride Market over the assessment period. Additionally, increasing demand for lightweight passenger vehicles and commercial vehicles have boosted the global automotive production, which is likely to raise the ethylene dichloride based products during the forecast period. Furthermore, rising investment in the construction activities such as college, hospital, and stadiums as well as expanding furniture sector in emerging economies are estimated to fuel the growth of the market.


Ethylene Dichloride Market Share by Application (2016), (%):Ethylene Dichloride Market


Regional Analysis:


The Ethylene Dichloride Market consists of five regions: Asia Pacific, Europe, Latin America, North America, and the Middle East & Africa. Among these, Asia Pacific region is estimated to grow at the highest CAGR during the review period owing to expanding construction as well as automotive sector. The demand for Ethylene Dichloride is predicted to surge in various countries of Asia Pacific such as Bangladesh, China, India, Vietnam, Thailand, Malaysia, South Korea, and Japan on account of increasing middle class population along with the continuous growth of new purchase passenger cars and heavy duty vehicles. Additionally, rising number of light weight and heavy duty commercial vehicles on road, have significantly contributed to the Ethylene Dichloride Market. Furthermore, advancing technology and its high adoption rate is expected to propel the growth of the market during the assessment period 2017-2023. Some other prominent factors attributed to the market growth in Asia Pacific are availability of inexpensive labor and raw material, low set up manufacturing cost, and moderately strict regulatory framework.


Asia Pacific has emerged as the largest market for Ethylene Dichloride followed by Europe and North America. In Europe, the demand for ethylene dichloride is anticipated to grow in various countries such as Poland, the Netherlands, Italy, Germany, Spain, the UK, France, and Russia on account of rising expenditure in innovation and increasing purchasing power of consumers. Germany and the UK have emerged as the important consumer market due to growing automotive production and sales along with the huge investments in research & development activities. Moreover, GDP for nearly all European countries is increasing along with the rising construction activities with nearly around 3% per annum, which, in turn, is predicted to fuel the Ethylene Dichloride Market Growth. Latin American countries such as Argentina, Peru, Colombia, and Brazil are also estimated to witness a moderate growth on account of rising consumer spending on passenger cars.


North America is predicted to witness a moderate growth due to high consumption potential, rising production capacities, and increasing economic growth rate. In North America, countries such as the U.S. and Canada are among the major contributors to the regional growth of Ethylene Dichloride Market and are estimated to see a significant demand for Ethylene Dichloride during the assessment period 2017-2023. The U.S accounts for the largest market share and is followed by Canada in terms of value and is expected to grow with the steady CAGR on account of continuous growth in packaging and pharmaceutical sector. The Middle East & Africa is estimated to witness a significant growth over the forecast period due to tremendous growth in building & construction activities.


Segmentation:


The Ethylene Dichloride Market is categorized on the basis of Application, End Use Industry, and Region. On the basis of Application, the Ethylene Dichloride Market is segmented into vinyl chloride monomer, ethylene amines, and others. On the basis of End Use Industry, the Ethylene Dichloride Market is classified into construction, automotive, packaging, furniture, medical, and others. On the basis of Region, the Ethylene Dichloride Market is categorized into Asia Pacific, Europe, Latin America, North America, and the Middle East & Africa.


Key Players:


Some of the prominent players operating in the Ethylene Dichloride Market are Olin Corporation (U.S.), Formosa Plastics Corporation (U.S.), Westlake Chemical Corporation (U.S.), Axiall Corporation (U.S.), Occidental Petroleum Corporation (U.S.), PPG Industries (U.S.), The Dow Chemical Company (U.S.), PT Asahimas Chemical (Indonesia), Horizon Chemical Industry Co. Ltd (China), Punjab Chemicals & Crop Protection Limited (India), and others. 

Recent Develoment

December 2021- Reliance Industries (RIL) is setting up the company's first funding in West Asia Abu Dhabi Chemical Derivatives Company RSC (trading as TA'ZIZ). In the company's statement, both the firms
A RIL statement said the two have agreed to launch TA'ZIZ EDC & PVC, a chemical production partnership at the TA'ZIZ Industrial Chemicals Zone in Ruwais, Abu Dhabi. The statement further revealed that the latest joint venture would build and run a polyvinyl chloride (PVC), ethylene dichloride (EDC), and a chlor-alkali manufacturing plant, with a funding of over USD2 billion.

January 2021- Formosa Plastics USA has revealed its plans to construct the latest USD120 million vinyl chloride/ ethylene dichloride monomer reactor unit based at its Point Comfort, Texas, complex. The firm is looking out taxes from the school district and county, which houses the Point Comfort complex. The documents also state that the latest unit could be constructed at Formosa's Baton Rouge, Louisiana. The papers do not comprise information regarding the extra VCM or EDC capacity, nor do they offer a projection on when construction would start or a focus startup date.


Intended Audience



  • Ethylene Dichloride Manufacturers

  • Traders and Distributors of Ethylene Dichloride  

  • Production Process Industries

  • Potential Investors

  • Raw Material Suppliers

  • Nationalized Laboratory



Report Scope:
Report Attribute/Metric Details
  Market Size   2027: Significant Value
  CAGR   Substantial Value
  Base Year   2019
  Forecast Period   2020-2027
  Historical Data   2018
  Forecast Units   Value (USD Million)
  Report Coverage   Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
  Segments Covered   Application, End Use Industry and Region
  Geographies Covered   North America, Europe, Asia-Pacific, and Rest of the World (RoW)
  Key Vendors   Olin Corporation (U.S.), Formosa Plastics Corporation (U.S.), Westlake Chemical Corporation (U.S.), Axiall Corporation (U.S.), Occidental Petroleum Corporation (U.S.), PPG Industries (U.S.), The Dow Chemical Company (U.S.), PT Asahimas Chemical (Indonesia), Horizon Chemical Industry Co. Ltd (China), Punjab Chemicals & Crop Protection Limited (India)
  Key Market Opportunities   rising number of working professional coupled with the growing use of rigid & flexible packaging
  Key Market Drivers

  • increasing demand for lightweight passenger vehicles and commercial vehicles have boosted the global automotive production
  • rising investment in the construction activities such as college, hospital, and stadiums as well as expanding furniture sector in emerging economies are estimated to fuel the growth of the market.

    		•


    Speak to Analyst Ask for Customization

    Frequently Asked Questions (FAQ) :

    Ethylene dichloride is primarily used as a chemical intermediate in the production of vinyl chloride monomer, used in the manufacturing of polyvinyl chloride (PVC).

    Continuous growth in the automotive sector

    The Asia Pacific region is the leading market in the global ethylene dichloride market

    Strategic initiatives such as mergers & acquisitions, collaborations, expansion, and technology/ product launch are some of the growth strategies that players operating in the global ethylene dichloride adopt to gain a larger competitive advantage.

    Formosa Plastics Corporation (US), Olin Corporation (US), Westlake Chemical Corporation (US), Occidental Petroleum Corporation (US), Axiall Corporation (US), The Dow Chemical Company (US), PPG Industries (US), PT Asahimas Chemical (Indonesia), Punjab Chemicals & Crop Protection Limited (India), and Horizon Chemical Industry Co. Ltd (China), are some of the leading players in the global ethylene dichloride market.

    Table of Contents:

    1 Executive Summary

    2 Scope of the Report

    2.1 Market Definition

    2.2 Scope of the Study

    2.2.1 Research Objectives

    2.2.2 Assumptions & Limitations

    2.3 Markets Structure

    3 Market Research Methodology

    3.1 Research Process

    3.2 Secondary Research

    3.3 Primary Research

    3.4 Forecast Model

    4 Market Landscape

    4.1 Five Forces Analysis

    4.1.1 Threat of New Entrants

    4.1.2 Bargaining Power of Buyers

    4.1.3 Threat of Substitutes

    4.1.4 Segment Rivalry

    4.2 Value Chain/Supply Chain of Global Ethylene Dichloride Market

    5 Industry Overview of Global Ethylene Dichloride Market

    5.1 Introduction

    5.2 Growth Drivers

    5.3 Impact Analysis

    5.4 Market Challenges

    6 Market Trends

    6.1 Introduction

    6.2 Growth Trends

    6.3 Impact Analysis

    7. Global Ethylene Dichloride Market by Application

    7.1 Introduction

    7.2 Vinyl Chloride Monomer

    7.2.1 Market Estimates & Forecast, 2020-2027

    7.2.2 Market Estimates & Forecast by Region, 2020-2027

    7.3 Ethylene Amines

    7.3.1 Market Estimates & Forecast, 2020-2027

    7.3.2 Market Estimates & Forecast by Region, 2020-2027

    7.4 Others

    7.4.1 Market Estimates & Forecast, 2020-2027

    7.4.2 Market Estimates & Forecast by Region, 2020-2027

    8. Global Ethylene Dichloride Market by End Use Industry

    8.1 Introduction

    8.2 Construction

    8.2.1 Market Estimates & Forecast, 2020-2027

    8.2.2 Market Estimates & Forecast by Region, 2020-2027

    8.3 Automotive

    8.3.1 Market Estimates & Forecast, 2020-2027

    8.3.2 Market Estimates & Forecast by Region, 2020-2027

    8.4 Packaging

    8.4.1 Market Estimates & Forecast, 2020-2027

    8.4.2 Market Estimates & Forecast by Region, 2020-2027

    8.5 Furniture

    8.5.1 Market Estimates & Forecast, 2020-2027

    8.5.2 Market Estimates & Forecast by Region, 2020-2027

    8.6 Medical

    8.6.1 Market Estimates & Forecast, 2020-2027

    8.6.2 Market Estimates & Forecast by Region, 2020-2027

    8.7 Others

    8.7.1 Market Estimates & Forecast, 2020-2027

    8.7.2 Market Estimates & Forecast by Region, 2020-2027

    9. Global Ethylene Dichloride Market by Region

    9.1 Introduction

    9.2 North America

    9.2.1 Market Estimates & Forecast, 2020-2027

    9.2.2 Market Estimates & Forecast by Application, 2020-2027

    9.2.3 Market Estimates & Forecast by End Use Industry, 2020-2027

    9.2.4 US

    9.2.4.1 Market Estimates & Forecast, 2020-2027

    9.2.4.2 Market Estimates & Forecast by Application, 2020-2027

    9.2.4.3 Market Estimates & Forecast by End Use Industry, 2020-2027

    9.2.5 Mexico

    9.2.5.1 Market Estimates & Forecast, 2020-2027

    9.2.5.2 Market Estimates & Forecast by Application, 2020-2027

    9.2.5.3 Market Estimates & Forecast by End Use Industry, 2020-2027

    9.2.6 Canada

    9.2.6.1 Market Estimates & Forecast, 2020-2027

    9.2.6.2 Market Estimates & Forecast by Application, 2020-2027

    9.2.6.3 Market Estimates & Forecast by End Use Industry, 2020-2027

    9.3 Europe

    9.3.1 Market Estimates & Forecast, 2020-2027

    9.3.2 Market Estimates & Forecast by Application, 2020-2027

    9.3.3 Market Estimates & Forecast by End Use Industry, 2020-2027

    9.3.4 Germany

    9.3.4.1 Market Estimates & Forecast, 2020-2027

    9.3.4.2 Market Estimates & Forecast by Application, 2020-2027

    9.3.4.3 Market Estimates & Forecast by End Use Industry, 2020-2027

    9.3.5. France

    9.3.5.1 Market Estimates & Forecast, 2020-2027

    9.3.5.2 Market Estimates & Forecast by Application, 2020-2027

    9.3.5.3 Market Estimates & Forecast by End Use Industry, 2020-2027

    9.3.6 Italy

    9.3.6.1 Market Estimates & Forecast, 2020-2027

    9.3.6.2 Market Estimates & Forecast by Application, 2020-2027

    9.3.6.3 Market Estimates & Forecast by End Use Industry, 2020-2027

    9.3.7 Spain

    9.3.7.1 Market Estimates & Forecast, 2020-2027

    9.3.7.2 Market Estimates & Forecast by Application, 2020-2027

    9.3.7.3 Market Estimates & Forecast by End Use Industry, 2020-2027

    9.3.8 UK

    9.3.8.1 Market Estimates & Forecast, 2020-2027

    9.3.8.2 Market Estimates & Forecast by Application, 2020-2027

    9.3.8.3 Market Estimates & Forecast by End Use Industry, 2020-2027

    9.4 Asia Pacific

    9.4.1 Market Estimates & Forecast, 2020-2027

    9.4.2 Market Estimates & Forecast by Application, 2020-2027

    9.4.3 Market Estimates & Forecast by End Use Industry, 2020-2027

    9.4.4 China

    9.4.4.1 Market Estimates & Forecast, 2020-2027

    9.4.4.2 Market Estimates & Forecast by Application, 2020-2027

    9.4.4.3 Market Estimates & Forecast by End Use Industry, 2020-2027

    9.4.5 India

    9.4.5.1 Market Estimates & Forecast, 2020-2027

    9.4.5.2 Market Estimates & Forecast by Application, 2020-2027

    9.4.5.3 Market Estimates & Forecast by End Use Industry, 2020-2027

    9.4.6 Japan

    9.4.6.1 Market Estimates & Forecast, 2020-2027

    9.4.6.2 Market Estimates & Forecast by Application, 2020-2027

    9.4.6.3 Market Estimates & Forecast by End Use Industry, 2020-2027

    9.4.7 Australia

    9.4.7.1 Market Estimates & Forecast, 2020-2027

    9.4.7.2 Market Estimates & Forecast by Application, 2020-2027

    9.4.7.3 Market Estimates & Forecast by End Use Industry, 2020-2027

    9.4.8 New Zealand

    9.4.8.1 Market Estimates & Forecast, 2020-2027

    9.4.8.2 Market Estimates & Forecast by Application, 2020-2027

    9.4.8.3 Market Estimates & Forecast by End Use Industry, 2020-2027

    9.4.9 Rest of Asia Pacific

    9.4.9.1 Market Estimates & Forecast, 2020-2027

    9.4.9.2 Market Estimates & Forecast by Application, 2020-2027

    9.4.9.3 Market Estimates & Forecast by End Use Industry, 2020-2027

    9.5 Middle East & Africa

    9.5.1 Market Estimates & Forecast, 2020-2027

    9.5.2 Market Estimates & Forecast by Application, 2020-2027

    9.5.3 Market Estimates & Forecast by End Use Industry, 2020-2027

    9.5.4 Turkey

    9.5.4.1 Market Estimates & Forecast, 2020-2027

    9.5.4.2 Market Estimates & Forecast by Application, 2020-2027

    9.5.4.3 Market Estimates & Forecast by End Use Industry, 2020-2027

    9.5.5 Israel

    9.5.5.1 Market Estimates & Forecast, 2020-2027

    9.5.5.2 Market Estimates & Forecast by Application, 2020-2027

    9.5.5.3 Market Estimates & Forecast by End Use Industry, 2020-2027

    9.5.6 North Africa

    9.5.6.1 Market Estimates & Forecast, 2020-2027

    9.5.6.2 Market Estimates & Forecast by Application, 2020-2027

    9.5.6.3 Market Estimates & Forecast by End Use Industry, 2020-2027

    9.5.7 GCC

    9.5.7.1 Market Estimates & Forecast, 2020-2027

    9.5.7.2 Market Estimates & Forecast by Application, 2020-2027

    9.5.7.3 Market Estimates & Forecast by End Use Industry, 2020-2027

    9.5.8 Rest of Middle East & Africa

    9.5.8.1 Market Estimates & Forecast, 2020-2027

    9.5.8.2 Market Estimates & Forecast by Application, 2020-2027

    9.5.8.3 Market Estimates & Forecast by End Use Industry, 2020-2027

    9.6 Latin America

    9.6.1 Market Estimates & Forecast, 2020-2027

    9.6.2 Market Estimates & Forecast by Application, 2020-2027

    9.6.3 Market Estimates & Forecast by End Use Industry, 2020-2027

    9.6.4 Brazil

    9.6.4.1 Market Estimates & Forecast, 2020-2027

    9.6.4.2 Market Estimates & Forecast by Application, 2020-2027

    9.6.4.3 Market Estimates & Forecast by End Use Industry, 2020-2027

    9.6.5 Argentina

    9.6.5.1 Market Estimates & Forecast, 2020-2027

    9.6.5.2 Market Estimates & Forecast by Application, 2020-2027

    9.6.5.3 Market Estimates & Forecast by End Use Industry, 2020-2027

    9.6.6 Rest of Latin America

    9.6.6.1 Market Estimates & Forecast, 2020-2027

    9.6.6.2 Market Estimates & Forecast by Application, 2020-2027

    9.6.6.3 Market Estimates & Forecast by End Use Industry, 2020-2027

    10. Company Landscape

    11. Company Profiles

    11.1 Olin Corporation

    11.1.1 Company Overview

    11.1.2 Product/Business Segment Overview

    11.1.3 Financial Updates

    11.1.4 Key Developments

    11.2 Formosa Plastics Corporation

    11.2.1 Company Overview

    11.2.2 Product/Business Segment Overview

    11.2.3 Financial Updates

    11.2.4 Key Developments

    11.3 Westlake Chemical Corporation

    11.3.1 Company Overview

    11.3.2 Product/Business Segment Overview

    11.3.3 Financial Updates

    11.3.4 Key Developments

    11.4 Axiall Corporation

    11.4.1 Company Overview

    11.4.2 Product/Business Segment Overview

    11.4.3 Financial Updates

    11.4.4 Key Developments

    11.5 Occidental Petroleum Corporation

    11.5.1 Company Overview

    11.5.2 Product/Business Segment Overview

    11.5.3 Financial Updates

    11.5.4 Key Developments

    11.6 PPG Industries

    11.6.1 Company Overview

    11.6.2 Product/Business Segment Overview

    11.6.3 Financial Updates

    11.6.4 Key Developments

    11.7 The Dow Chemical Company

    11.7.1 Company Overview

    11.7.2 Product/Business Segment Overview

    11.7.3 Financial Updates

    11.7.4 Key Developments

    11.8 PT Asahimas Chemical

    11.8.1 Company Overview

    11.8.2 Product/Business Segment Overview

    11.8.3 Financial Updates

    11.8.4 Key Developments

    11.9 Horizon Chemical Industry Co. Ltd

    11.9.1 Company Overview

    11.9.2 Product/Business Segment Overview

    11.9.3 Financial Updates

    11.9.4 Key Developments

    11.10 Punjab Chemicals & Crop Protection Limited

    11.10.1 Company Overview

    11.10.2 Product/Business Segment Overview

    11.10.3 Financial Updates

    11.10.4 Key Developments

    12. Conclusion

    LIST OF TABLES:

    Table 1 World Population by Major Regions (2020 To 2027)

    Table 2 Global Ethylene Dichloride Market: By Region, 2020-2027

    Table 3 North America Ethylene Dichloride Market: By Country, 2020-2027

    Table 4 Europe Ethylene Dichloride Market: By Country, 2020-2027

    Table 5 Asia-Pacific Ethylene Dichloride Market: By Country, 2020-2027

    Table 6 Middle East & Africa Ethylene Dichloride Market: By Country, 2020-2027

    Table 7 Latin America Ethylene Dichloride Market: By Country, 2020-2027

    Table 8 Global Ethylene Dichloride by Application Market: By Regions, 2020-2027

    Table 9 North America Ethylene Dichloride by Application Market: By Country, 2020-2027

    Table 10 Europe Ethylene Dichloride by Application Market: By Country, 2020-2027

    Table11 Asia-Pacific Ethylene Dichloride by Application Market: By Country, 2020-2027

    Table12 Middle East & Africa Ethylene Dichloride by Application Market: By Country, 2020-2027

    Table13 Latin America Ethylene Dichloride by Application Market: By Country, 2020-2027

    Table14 North America Ethylene Dichloride for End Use Industry Market: By Country, 2020-2027

    Table15 Europe Ethylene Dichloride for End Use Industry Market: By Country, 2020-2027

    Table16 Asia-Pacific Ethylene Dichloride for End Use Industry Market: By Country, 2020-2027

    Table17 Middle East & Africa Ethylene Dichloride for End Use Industry Market: By Country, 2020-2027

    Table18 Latin America Ethylene Dichloride for End Use Industry Market: By Country, 2020-2027

    Table 19 Global Application Market: By Region, 2020-2027

    Table 20 Global End Use Industry Market: By Region, 2020-2027

    Table 21 North America Ethylene Dichloride Market, By Country

    Table 22 North America Ethylene Dichloride Market, By Application

    Table 23 North America Ethylene Dichloride Market, By End Use Industry

    Table24 Europe: Ethylene Dichloride Market, By Country

    Table25 Europe: Ethylene Dichloride Market, By Application

    Table 26 Europe: Ethylene Dichloride Market, By End Use Industry

    Table 27 Asia-Pacific: Ethylene Dichloride Market, By Country

    Table 28 Asia-Pacific: Ethylene Dichloride Market, By Application

    Table 29 Asia-Pacific: Ethylene Dichloride Market, By End Use Industry

    Table 30 Middle East & Africa: Ethylene Dichloride Market, By Country

    Table 31 Middle East & Africa Ethylene Dichloride Market, By Application

    Table 32 Middle East & Africa: Ethylene Dichloride Market, By End Use Industry

    Table 33 Latin America: Ethylene Dichloride Market, By Country

    Table 34 Latin America Ethylene Dichloride Market, By Application

    Table 35 Latin America: Ethylene Dichloride Market, By End Use Industry

    LIST OF FIGURES:

    FIGURE 1 Global Ethylene Dichloride Market segmentation

    FIGURE 2 Forecast Methodology

    FIGURE 3 Five Forces Analysis of Global Ethylene Dichloride Market

    FIGURE 4 Value Chain of Global Ethylene Dichloride Market

    FIGURE 5 Share of Global Ethylene Dichloride Market in 2020, by country (in %)

    FIGURE 6 Global Ethylene Dichloride Market, 2020-2027,

    FIGURE 7 Sub segments of Application

    FIGURE 8 Global Ethylene Dichloride Market size by Application, 2020

    FIGURE 9 Share of Global Ethylene Dichloride Market by Application, 2020 to 2027

    FIGURE 10 Sub segments of End Use Industry

    FIGURE 11 Global Ethylene Dichloride Market size by End Use Industry, 2020

    FIGURE 12 Share of Global Ethylene Dichloride Market by End Use Industry, 2020 to 2027