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Ethylene Dichloride Market Manufacturers Analysis on Business Latest Innovations and Strategies- Olin Corporation, Dow Chemical Company,Dow Chemical Company,Dow Chemical Company

Ethylene Dichloride Market, Ethylene Dichloride Industry

Ethylene Dichloride Market, Ethylene Dichloride Industry

Ethylene Dichloride Global Industry Research Report evaluates the growth trends of the market through historical study and estimates future prospects based on comprehensive research. The report extensively provides the industry share, growth, trends and forecasts for the period 2018-2022. The market size in terms of revenue (USD MN) is calculated for the study period along with the details of the factors affecting the market growth (drivers and restraints).

Synopsis of Ethylene Dichloride Market:
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.

Ethylene Dichloride Market Key Players:
Some of the key industry participants operating in the global 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.

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Ethylene Dichloride Market Segmentatio:
The global ethylene dichloride market is segmented on the basis of application, end use industry, and region. On the basis of application, the market is categorized into vinyl chloride monomer, ethylene amines, and others. Among these, the vinyl chloride monomer holds the largest share on account of wide use in various application. Vinyl chloride is used to manufacture PVC, which has end use in window, fittings, fencing, pipe, roof tiles, and automobile parts. Thus, the vinyl chloride segment is predicted to grow at the highest CAGR over the forecast period. On the basis of end use industry, the market is segmented into construction, automotive, packaging, furniture, medical, and others. Among the end use industry, the construction segment is predicted to hold the largest share and is expected to retain its dominance during the assessment period. The factor attributed to the construction segment growth are increasing infrastructure development and rising investment for residential & commercial buildings. Automotive segment is expected to grow at a moderate CAGR on account of rising disposable income of consumer as well as increasing demand for personal vehicles

Ethylene Dichloride Market Regional Analysis-
Asia Pacific is estimated to be the largest market for ethylene dichloride followed by Europe and North America on account of increasing demand from construction, automotive, and medical among others. Developing countries such as India, China, Vietnam, Thailand, and Malaysia are the fastest growing market for ethylene dichloride, and is predicted to grow at the same pace in the near future. North American market is predicted to witness a substantial growth with U.S. and Canada being major contributors due to the growth of various end use industries such as packaging, medical and furniture sector. Europe is estimated to witness a steady growth over the assessment period due to increasing demand for ethylene dichloride in construction sector, specifically in Germany, Spain, and the UK.

Browse Full Details of Ethylene Dichloride Market Report https://www.marketresearchfuture.com/reports/ethylene-dichloride-market-2509

Intended Audience
• Ethylene Dichloride Manufacturers
• Traders and Distributors of Ethylene Dichloride
• Production Process Industries
• Potential Investors
• Raw Material Suppliers
• Nationalized Laboratory

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