Ethylene Dichloride Market Strategies, Trends, and Forecast by 2031
The Ethylene Dichloride Market is expected to register a CAGR of 4% from 2023 to 2031, with a market size expanding from US$ XX million in 2023 to US$ XX Million by 2031.
Ethylene Dichloride Market covers analysis by Production Process (Direct Chlorination, Oxy Chlorination); Application (Vinyl Chloride Monomer, Ethylene Amines, Others), and Geography (North America, Europe, Asia Pacific, Middle East and Africa, and South and Central America). Ethylene dichloride is a chlorinated hydrocarbon which is a colourless liquid. Ethylene dichloride is also known as 1,2-dichloroethane. Ethylene dichloride is often used in the production of vinyl chloride monomer which is used in PVC pipes, furniture and automobile upholstery, wall coverings, etc. For industrial production of ethylene dichloride, reaction between ethane and chlorine is being performed in the presence of iron (III) chloride as a catalyst.
Purpose of the ReportThe report Ethylene Dichloride Market by The Insight Partners aims to describe the present landscape and future growth, top driving factors, challenges, and opportunities. This will provide insights to various business stakeholders, such as:
- Technology Providers/Manufacturers: To understand the evolving market dynamics and know the potential growth opportunities, enabling them to make informed strategic decisions.
- Investors: To conduct a comprehensive trend analysis regarding the market growth rate, market financial projections, and opportunities that exist across the value chain.
- Regulatory bodies: To regulate policies and police activities in the market with the aim of minimizing abuse, preserving investor trust and confidence, and upholding the integrity and stability of the market.
Ethylene Dichloride Market Segmentation
Production Process- Direct Chlorination
- Oxy Chlorination
- Vinyl Chloride Monomer
- Ethylene Amines
Strategic Insights
Ethylene Dichloride Market Growth Drivers- Growing Demand for PVC in Construction and Infrastructure: One of the main growth factors for the EDC market is the increasing demand for PVC in construction and infrastructure. PVC is widely used as a building material, which includes pipes, windows, doors, flooring, and roofing. With increasing infrastructure investments in emerging economies, the demand for PVC is rising and, in turn, is driving the requirement for EDC, the key precursor in PVC manufacturing. This surge in demand for construction projects is expected to further propel the ethylene dichloride market.
- Increasing Automotive and Electronics Industries: Ethylene dichloride is vital in the production of a wide range of plastic products. It is used in the automotive and electronics sectors. The demand for lighter and stronger materials in automobile manufacturing and sophisticated plastic parts in electronics has opened up a significant market for EDC. As these industries expand around the world, the demand for ethylene dichloride will remain strong and support market growth.
- Growing Chemical Production Activities: Ongoing industrialization and an expansion of manufacturing activities in emerging economies, mainly Asia-Pacific and Latin America, create an ongoing demand for ethylene dichloride. EDC is a starting material in the manufacture of many chemicals such as VCM, a precursor to PVC. Rising chemical production capacity in the same regions continues to provide a base for supporting ethylene dichloride demand.
- Shift towards sustainable, ecologically friendly production: As environmental regulations are becoming increasingly stringent across the globe, the ethylene dichloride market is experiencing a trend toward more sustainable production methods. Manufacturers are focusing on reducing carbon footprints and improving energy efficiency in the production of EDC. For instance, the shift toward the use of renewable feedstocks and adopting cleaner production processes is gaining momentum in response to global sustainability goals.
- Technological Advancements in Production Processes: New production technologies are enhancing the efficiency of ethylene dichloride production. Catalytic cracking innovations and optimized cracking processes have increased yields and energy efficiency. As these technologies continue to advance, they reduce costs and improve profitability for manufacturers, which will drive market growth in the coming years.
- Consolidation and Strategic Mergers & Acquisitions: In the last few years, key players in the EDC market have been into mergers, acquisitions, and joint ventures to expand their portfolios and gain a competitive advantage. This consolidation trend enhances companies' production capacity, makes supply chains more efficient, and opens up new markets, especially in emerging regions that are experiencing a rise in demand for chemicals.
- Growth in Emerging Economies: The demand for construction materials such as PVC increases with infrastructural investments in emerging economies. The demand for ethylene dichloride increases in the above substances because it is used considerably in the production of PVC, and with increased construction projects on roads, buildings, and utilities in these regions, the demand for the product will therefore increase.
- Manufacturing Growth in Key Industries: A healthy industrial scenario strengthens the demand for chemicals. It is fueled by increased manufacturing activities in industries like automobiles and electronics, which have boosted up ethylene dichloride demand, enhancing the production of various plastic segments for the market's sustained momentum.
- Stricter Environmental Regulations on Ethylene Dichloride Production: Strict environmental regulation would probably affect how much ethylene dichloride is produced and used. More stringent regulations could increase costs of compliance measures, eventually making the availability of ethylene dichloride difficult, and would, at the same time, probably drive production to more environmentally friendly practices or alternatives in the chemical industry.
Market Report Scope
Key Selling Points
- Comprehensive Coverage: The report comprehensively covers the analysis of products, services, types, and end users of the Ethylene Dichloride Market, providing a holistic landscape.
- Expert Analysis: The report is compiled based on the in-depth understanding of industry experts and analysts.
- Up-to-date Information: The report assures business relevance due to its coverage of recent information and data trends.
- Customization Options: This report can be customized to cater to specific client requirements and suit the business strategies aptly.
The research report on the Ethylene Dichloride Market can, therefore, help spearhead the trail of decoding and understanding the industry scenario and growth prospects. Although there can be a few valid concerns, the overall benefits of this report tend to outweigh the disadvantages.
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- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
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- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
This text is related
to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
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to country scope.
Frequently Asked Questions
The Ethylene Dichloride Market is estimated to witness a CAGR of 4% from 2023 to 2031
The increased availability of raw materials is akey driver in the market.
Formosa Plastics Corporation, Occidental Chemical Corporation, Prochem, Inc., PT Asahimas Chemical, SABIC, Thyssenkrupp AG, TOSOH CORPORATION, VESTOLIT GmbH, Vynova Group, and Westlake Chemical Corporation are some of the key players in the market.
The direct chlorination application segment accounted for the largest market share in 2023.
The Asia Pacific market is expected to account for the highest CAGR during the forecast period owing to increased construction projects in the region.
Innovations in technology is an emerging trend in the market.
1.INTRODUCTION
1.1.SCOPE OF THE STUDY
1.2.THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3.MARKET SEGMENTATION
1.3.1Ethylene Dichloride Market - By Production process
1.3.2Ethylene Dichloride Market - By Application
1.3.3Ethylene Dichloride Market - By Region
1.3.3.1By Country
2.KEY TAKEAWAYS
3.RESEARCH METHODOLOGY
4.ETHYLENE DICHLORIDE MARKET L and SCAPE
4.1.OVERVIEW
4.2.PEST ANALYSIS
4.2.1North America - Pest Analysis
4.2.2Europe - Pest Analysis
4.2.3Asia-Pacific - Pest Analysis
4.2.4Middle East and Africa - Pest Analysis
4.2.5South and Central America - Pest Analysis
4.3.EXPERT OPINIONS
5.ETHYLENE DICHLORIDE MARKET - KEY MARKET DYNAMICS
5.1.KEY MARKET DRIVERS
5.2.KEY MARKET RESTRAINTS
5.3.KEY MARKET OPPORTUNITIES
5.4.FUTURE TRENDS
5.5.IMPACT ANALYSIS OF DRIVERS and RESTRAINTS
6.ETHYLENE DICHLORIDE MARKET - GLOBAL MARKET ANALYSIS
6.1.ETHYLENE DICHLORIDE - GLOBAL MARKET OVERVIEW
6.2.ETHYLENE DICHLORIDE - GLOBAL MARKET and FORECAST TO 2028
6.3.MARKET POSITIONING/MARKET SHARE
7.ETHYLENE DICHLORIDE MARKET - REVENUE and FORECASTS TO 2028 - PRODUCTION PROCESS
7.1.OVERVIEW
7.2.PRODUCTION PROCESS MARKET FORECASTS and ANALYSIS
7.3.DIRECT CHLORINATION
7.3.1.Overview
7.3.2.Direct Chlorination Market Forecast and Analysis
7.4.OXY CHLORINATION
7.4.1.Overview
7.4.2.Oxy Chlorination Market Forecast and Analysis
8.ETHYLENE DICHLORIDE MARKET - REVENUE and FORECASTS TO 2028 - APPLICATION
8.1.OVERVIEW
8.2.APPLICATION MARKET FORECASTS and ANALYSIS
8.3.VINYL CHLORIDE MONOMER
8.3.1.Overview
8.3.2.Vinyl chloride monomer Market Forecast and Analysis
8.4.ETHYLENE AMINES
8.4.1.Overview
8.4.2.Ethylene amines Market Forecast and Analysis
8.5.OTHERS
8.5.1.Overview
8.5.2.Others Market Forecast and Analysis
9.ETHYLENE DICHLORIDE MARKET REVENUE and FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
9.1.NORTH AMERICA
9.1.1North America Ethylene Dichloride Market Overview
9.1.2North America Ethylene Dichloride Market Forecasts and Analysis
9.1.3North America Ethylene Dichloride Market Forecasts and Analysis - By Production process
9.1.4North America Ethylene Dichloride Market Forecasts and Analysis - By Application
9.1.5North America Ethylene Dichloride Market Forecasts and Analysis - By Countries
9.1.5.1Canada Ethylene Dichloride Market
9.1.5.1.1Canada Ethylene Dichloride Market by Production process
9.1.5.1.2Canada Ethylene Dichloride Market by Application
9.1.5.2Mexico Ethylene Dichloride Market
9.1.5.2.1Mexico Ethylene Dichloride Market by Production process
9.1.5.2.2Mexico Ethylene Dichloride Market by Application
9.1.5.3US Ethylene Dichloride Market
9.1.5.3.1US Ethylene Dichloride Market by Production process
9.1.5.3.2US Ethylene Dichloride Market by Application
9.2.EUROPE
9.2.1Europe Ethylene Dichloride Market Overview
9.2.2Europe Ethylene Dichloride Market Forecasts and Analysis
9.2.3Europe Ethylene Dichloride Market Forecasts and Analysis - By Production process
9.2.4Europe Ethylene Dichloride Market Forecasts and Analysis - By Application
9.2.5Europe Ethylene Dichloride Market Forecasts and Analysis - By Countries
9.2.5.1Germany Ethylene Dichloride Market
9.2.5.1.1Germany Ethylene Dichloride Market by Production process
9.2.5.1.2Germany Ethylene Dichloride Market by Application
9.2.5.2France Ethylene Dichloride Market
9.2.5.2.1France Ethylene Dichloride Market by Production process
9.2.5.2.2France Ethylene Dichloride Market by Application
9.2.5.3Italy Ethylene Dichloride Market
9.2.5.3.1Italy Ethylene Dichloride Market by Production process
9.2.5.3.2Italy Ethylene Dichloride Market by Application
9.2.5.4United Kingdom Ethylene Dichloride Market
9.2.5.4.1United Kingdom Ethylene Dichloride Market by Production process
9.2.5.4.2United Kingdom Ethylene Dichloride Market by Application
9.2.5.5Russia Ethylene Dichloride Market
9.2.5.5.1Russia Ethylene Dichloride Market by Production process
9.2.5.5.2Russia Ethylene Dichloride Market by Application
9.2.5.6Rest of Europe Ethylene Dichloride Market
9.2.5.6.1Rest of Europe Ethylene Dichloride Market by Production process
9.2.5.6.2Rest of Europe Ethylene Dichloride Market by Application
9.3.ASIA-PACIFIC
9.3.1Asia-Pacific Ethylene Dichloride Market Overview
9.3.2Asia-Pacific Ethylene Dichloride Market Forecasts and Analysis
9.3.3Asia-Pacific Ethylene Dichloride Market Forecasts and Analysis - By Production process
9.3.4Asia-Pacific Ethylene Dichloride Market Forecasts and Analysis - By Application
9.3.5Asia-Pacific Ethylene Dichloride Market Forecasts and Analysis - By Countries
9.3.5.1Australia Ethylene Dichloride Market
9.3.5.1.1Australia Ethylene Dichloride Market by Production process
9.3.5.1.2Australia Ethylene Dichloride Market by Application
9.3.5.2China Ethylene Dichloride Market
9.3.5.2.1China Ethylene Dichloride Market by Production process
9.3.5.2.2China Ethylene Dichloride Market by Application
9.3.5.3India Ethylene Dichloride Market
9.3.5.3.1India Ethylene Dichloride Market by Production process
9.3.5.3.2India Ethylene Dichloride Market by Application
9.3.5.4Japan Ethylene Dichloride Market
9.3.5.4.1Japan Ethylene Dichloride Market by Production process
9.3.5.4.2Japan Ethylene Dichloride Market by Application
9.3.5.5South Korea Ethylene Dichloride Market
9.3.5.5.1South Korea Ethylene Dichloride Market by Production process
9.3.5.5.2South Korea Ethylene Dichloride Market by Application
9.3.5.6Rest of Asia-Pacific Ethylene Dichloride Market
9.3.5.6.1Rest of Asia-Pacific Ethylene Dichloride Market by Production process
9.3.5.6.2Rest of Asia-Pacific Ethylene Dichloride Market by Application
9.4.MIDDLE EAST and AFRICA
9.4.1Middle East and Africa Ethylene Dichloride Market Overview
9.4.2Middle East and Africa Ethylene Dichloride Market Forecasts and Analysis
9.4.3Middle East and Africa Ethylene Dichloride Market Forecasts and Analysis - By Production process
9.4.4Middle East and Africa Ethylene Dichloride Market Forecasts and Analysis - By Application
9.4.5Middle East and Africa Ethylene Dichloride Market Forecasts and Analysis - By Countries
9.4.5.1South Africa Ethylene Dichloride Market
9.4.5.1.1South Africa Ethylene Dichloride Market by Production process
9.4.5.1.2South Africa Ethylene Dichloride Market by Application
9.4.5.2Saudi Arabia Ethylene Dichloride Market
9.4.5.2.1Saudi Arabia Ethylene Dichloride Market by Production process
9.4.5.2.2Saudi Arabia Ethylene Dichloride Market by Application
9.4.5.3U.A.E Ethylene Dichloride Market
9.4.5.3.1U.A.E Ethylene Dichloride Market by Production process
9.4.5.3.2U.A.E Ethylene Dichloride Market by Application
9.4.5.4Rest of Middle East and Africa Ethylene Dichloride Market
9.4.5.4.1Rest of Middle East and Africa Ethylene Dichloride Market by Production process
9.4.5.4.2Rest of Middle East and Africa Ethylene Dichloride Market by Application
9.5.SOUTH and CENTRAL AMERICA
9.5.1South and Central America Ethylene Dichloride Market Overview
9.5.2South and Central America Ethylene Dichloride Market Forecasts and Analysis
9.5.3South and Central America Ethylene Dichloride Market Forecasts and Analysis - By Production process
9.5.4South and Central America Ethylene Dichloride Market Forecasts and Analysis - By Application
9.5.5South and Central America Ethylene Dichloride Market Forecasts and Analysis - By Countries
9.5.5.1Brazil Ethylene Dichloride Market
9.5.5.1.1Brazil Ethylene Dichloride Market by Production process
9.5.5.1.2Brazil Ethylene Dichloride Market by Application
9.5.5.2Argentina Ethylene Dichloride Market
9.5.5.2.1Argentina Ethylene Dichloride Market by Production process
9.5.5.2.2Argentina Ethylene Dichloride Market by Application
9.5.5.3Rest of South and Central America Ethylene Dichloride Market
9.5.5.3.1Rest of South and Central America Ethylene Dichloride Market by Production process
9.5.5.3.2Rest of South and Central America Ethylene Dichloride Market by Application
10.INDUSTRY L and SCAPE
10.1.MERGERS and ACQUISITIONS
10.2.AGREEMENTS, COLLABORATIONS and JOIN VENTURES
10.3.NEW PRODUCT LAUNCHES
10.4.EXPANSIONS and OTHER STRATEGIC DEVELOPMENTS
11.ETHYLENE DICHLORIDE MARKET, KEY COMPANY PROFILES
11.1.FORMOSA PLASTICS CORPORATION
11.1.1.Key Facts
11.1.2.Business Description
11.1.3.Products and Services
11.1.4.Financial Overview
11.1.5.SWOT Analysis
11.1.6.Key Developments
11.2.OCCIDENTAL CHEMICAL CORPORATION
11.2.1.Key Facts
11.2.2.Business Description
11.2.3.Products and Services
11.2.4.Financial Overview
11.2.5.SWOT Analysis
11.2.6.Key Developments
11.3.PROCHEM, INC.
11.3.1.Key Facts
11.3.2.Business Description
11.3.3.Products and Services
11.3.4.Financial Overview
11.3.5.SWOT Analysis
11.3.6.Key Developments
11.4.PT ASAHIMAS CHEMICAL
11.4.1.Key Facts
11.4.2.Business Description
11.4.3.Products and Services
11.4.4.Financial Overview
11.4.5.SWOT Analysis
11.4.6.Key Developments
11.5.SABIC
11.5.1.Key Facts
11.5.2.Business Description
11.5.3.Products and Services
11.5.4.Financial Overview
11.5.5.SWOT Analysis
11.5.6.Key Developments
11.6.THYSSENKRUPP AG
11.6.1.Key Facts
11.6.2.Business Description
11.6.3.Products and Services
11.6.4.Financial Overview
11.6.5.SWOT Analysis
11.6.6.Key Developments
11.7.TOSOH CORPORATION
11.7.1.Key Facts
11.7.2.Business Description
11.7.3.Products and Services
11.7.4.Financial Overview
11.7.5.SWOT Analysis
11.7.6.Key Developments
11.8.VESTOLIT GMBH
11.8.1.Key Facts
11.8.2.Business Description
11.8.3.Products and Services
11.8.4.Financial Overview
11.8.5.SWOT Analysis
11.8.6.Key Developments
11.9.VYNOVA GROUP
11.9.1.Key Facts
11.9.2.Business Description
11.9.3.Products and Services
11.9.4.Financial Overview
11.9.5.SWOT Analysis
11.9.6.Key Developments
11.10.WESTLAKE CHEMICAL CORPORATION
11.10.1.Key Facts
11.10.2.Business Description
11.10.3.Products and Services
11.10.4.Financial Overview
11.10.5.SWOT Analysis
11.10.6.Key Developments
12.APPENDIX
12.1.ABOUT THE INSIGHT PARTNERS
12.2.GLOSSARY OF TERMS
1. Formosa Plastics Corporation2. Occidental Chemical Corporation3. Prochem, Inc. 4. PT Asahimas Chemical5. SABIC6. Thyssenkrupp AG7. TOSOH CORPORATION8. VESTOLIT GmbH9. Vynova Group10. Westlake Chemical Corporation
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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