Press release
Ethylene Dichloride Market Size, Share, Opportunities, Demands and Growth Revenue by 2028
Ethylene Dichloride Market is valued at USD 16.25 Billion in 2021 and expected to reach USD 21.24 Billion by 2028 with the CAGR of 3.9% over the forecast period.The Detailed Market intelligence report on the Ethylene Dichloride Market applies the most effective of each primary and secondary analysis to weighs upon the competitive landscape and also the outstanding market players expected to dominate Ethylene Dichloride Market place for the forecast 2022- 2028.
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Ethylene dichloride is employed in different applications such as; dispersant in plastics and rubber, wetting and penetrating agent, grain fumigant in textile and PVC cleaning, and as a metal degreaser.
Also dubbed as 1, 2-dichloroethane, ethylene dichloride is a chlorinated hydrocarbon. It is a clear, colorless liquid with sweet smell. It is primarily employed as a chemical intermediate in the production of vinyl chloride monomer, which is further employed in the manufacturing of PVC (polyvinyl chloride). The remainder substance is employed in the creation of specialty chlorinated compounds and ethylene amines. It is non-toxic to aquatic organisms & fish and does not build up in the aquatic food chain. In addition to this, it is employed in the manufacturing of industrial and consumer products and finds broad application scope in different end use sectors such as automotive, furniture, construction, medical, packaging, and others.
Ethylene Dichloride Market Key Players
The major players included in the global ethylene dichloride market forecast are,
• Dow DuPont Inc.
• Bayer AG
• INEOS Group Ltd
• Formosa Plastics Corporation
• Occidental Chemical Corporation
• LG Chem Ltd.
• Saudi Aramco
• Reliance Industries Limited
• Westlake Chemical
• Solvay SA,
• others.
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Asia Pacific Has Surfaced As The Biggest Market For Ethylene Dichloride After North America And Europe
Asia Pacific has surfaced as the biggest market for ethylene dichloride after North America and Europe. In Europe, the requirement for ethylene dichloride is predicted to develop in different nations such as the Netherlands, Poland, Germany, Italy, the UK, Spain, Russia, and France due to increasing expenditure in innovation and raising buying power of users.
Ethylene Dichloride Market Segmentation:
By Application
• Agricultural Chemicals,
• Chemical Solvents,
• PVC Production,
• Others
By End-Use
• Automotive
• Construction
• Packaging
• Others
Key Benefits for Global Ethylene Dichloride Market Report-
• Global Ethylene Dichloride Market report covers in depth historical and forecast analysis.
• Global Ethylene Dichloride Market research report provides detail information about Market Introduction, Market Summary, Global market Revenue (Revenue USD), Market Drivers, Market Restraints, Market opportunities, Competitive Analysis, Regional and Country Level.
• Global Ethylene Dichloride market report helps to identify opportunities in market place.
• Global Ethylene Dichloride market report covers extensive analysis of emerging trends and competitive landscape.
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