North America Ethylene Dichloride (EDC) Market Report 2022-2027

According to the latest report by IMARC Group, titled "North America Ethylene Dichloride (EDC) Market Share: Industry Trends, Size, Growth, Opportunity and Forecast 2022-2027," The North America ethylene dichloride (EDC) market is expected to exhibit a CAGR of 3.72% during 2022-2027. This report can serve as an excellent guide for investors, researchers, consultants, marketing strategists and all those who are planning to foray into the market in any form.

Report Metric

Historical: 2016-2021

Base Year: 2021

Forecast Year: 2022-2027

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Industry Definition and Application:

Ethylene dichloride (EDC), also known as 1, 2-dichloroethane, is a transparent and colorless liquid with a pleasant smell. It is a crucial component for producing vinyl chloride monomer (VCM), which is used as an intermediate in manufacturing polyvinyl chloride (PVC) resin. As a result, EDC finds extensive applications in various end use industries, such as construction, automotive, oil and gas, healthcare, and packaging, across North America.

North America Ethylene Dichloride (EDC) Market Trends and Drivers:

The North America ethylene dichloride (EDC) market is primarily driven by the rising demand for PVC in manufacturing cables, doors and windows, pipes and fittings, floorings, and other building products due to rapid growth in the construction industry. Moreover, the escalating adoption of EDC in the production of VCM, which is used in PVC resin manufacturing, is positively influencing the market growth. Additionally, the rising replacement of metal pipes with PVC-based alternatives in various sectors, including water treatment plants, power transmission infrastructures, food processing units, and petrochemical complexes, owing to an increasing number of refurbishment activities, has catalyzed the market growth. Furthermore, the surging adoption of EDC in the pharmaceutical sector for formulating nesthetic drugs used in several surgical procedures is contributing to the market growth. Other factors, including the rising use of EDC in drilling and hydraulic fracturing procedures, escalating demand for VCM-based medical equipment, and rapid expansion of the oil and gas sector, are also anticipated to propel the market growth.

North America Ethylene Dichloride (EDC) Market Segmentation:

The report has segmented the market on the basis on region, product type and application.

Breakup by Product Type:

Technical Grade
Pharma Grade

Breakup by Application:

Vinyl Chloride Monomer
Ethyleneamines
Others

Breakup by Country:

United States
Canada

Competitive Landscape:

Formosa Plastics Corporation U.S.A,
Occidental Petroleum Corporation,
Olin Corporation,
Shintech Incorporated
Westlake Chemical Corporation.

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