Rising use of bioethylene globally is driving revenue growth of the Ethylene Dichloride (EDC) Market.

The global Ethylene Dichloride (EDC) market size was USD 16.81 Billion in 2022 and is expected to register a revenue CAGR of 4.2% during the forecast period. The infrastructure and transportation industries' increasing use of Polyvinyl Chloride (PVC) components is the major factor driving market revenue growth. In addition, use of ethylene dichloride as a raw material in the manufacturing of novel resin is expected to drive ethylene dichloride production. Increasing need for oil and gas as a result of rapid urbanization, increasing requirements for water transportation, and expanding irrigation and plumbing sectors are some of the major factors expected to drive revenue growth of the market. 

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Top Leading Players: Dow, Asahimas Chemical Company, Vinnolit, Nova Chemical, Xinjiang Zhongtai Chemical, Sigma Plastic, Westlake Chemical, Bayer AG, INEOS Group Ltd., Occidental Chemical Corporation, and others.

Some recent developments are as follows:

  • On 26 April 2022, Reliance Industries Ltd. signed a formal shareholder agreement for USD 2 billion TA'ZIZ chemical joint venture in the UAE and inked a pact to collaborate with ADNOC in finding and producing conventional and unconventional resources. Under the terms of a strategic agreement, Reliance and TA'ZIZ will build plants with the capacity to produce 940,000 tons per annum of Chlor-Alkali, 1.1 million tonnes a year of ethylene dichloride, and 360,000 tons per year of polyvinyl chloride at the TA'ZIZ Industrial Chemicals Zone.
  • On 1 September 2020, Braskem and Chemetry, which is a U.S.-based environmental technology services company for the chemical industry, announced the construction of a demonstration plant to produce Ethylene Dichloride (EDC) and caustic soda. Investment in the project is estimated at USD18 million, which will be shared by the two companies, with the start of demo operations slated for the second half of 2022.

Key questions covered in the global Ethylene Dichloride (EDC) Market report:

  • What is the expected market size of the global Ethylene Dichloride (EDC) Market during the forecast period?
  • What factors are expected to hamper global Ethylene Dichloride (EDC) Market growth over the forecast period?
  • What key factors are expected to drive global revenue growth between 2021 and 2028?
  • Which application segment is expected to dominate other application segments over the forecast period?
  • Which region is expected to dominate in terms of revenue during the forecast period?
  • What are the key outcomes of Porter’s Five Forces analysis and SWOT analysis?
  • Which leading players are operating in the global Polyvinyl Alcohol market?

Segments covered in the report:

Manufacturing Process Outlook (Revenue, USD Million; 2019-2032)

  • Direct Chlorination
  • Oxy Chlorination

Application Outlook (Revenue, USD Million; 2019-2032)

  • Vinyl Chloride Monomer (VCM)
  • Chlorinated Solvents
  • Ethylene Amines
  • Vinylidene Chloride

End-use Industry Outlook (Revenue, USD Million; 2019-2032)

  • Automotive
  • Construction
  • Packaging
  • Furniture
  • Others

Key Regional Markets Covered in the Report:

  • North America (U.S.A., Canada, Mexico)
  • Europe (Italy, U.K., Germany, France, Rest of Europe)
  • Asia Pacific (India, China, Japan, South Korea, Australia, Rest of Asia Pacific)
  • Latin America (Chile, Brazil, Argentina, Peru, Rest of Latin America)
  • Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)

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