Ethylene Dichloride Market to Expand with Significant CAGR During 2026
Ethylene
dichloride is a colorless liquid with sweet odor. It is manufactured
by reacting ethylene with chlorine, which is further thermally
cracked in order to produce vinyl chloride monomer. Ethylene
dichloride can be manufactured using two routes. The direct
chlorination process that uses pure chlorine and ethylene is
primarily employed to produce ethylene dichloride. Another process
called oxy-chlorination, wherein the ethylene reacts with chlorine in
hydrogen chloride, is also frequently used for the production of
ethylene dichloride. Under the oxy-chlorination process, ethylene
dichloride is converted into vinyl chloride monomer by thermal
cracking and the hydrogen chloride by-product can again be recycled
in an oxy-chlorination plant to make more ethylene dichloride.
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Ethylene
Dichloride Market: Drivers and Restraints
Production
of ethylene dichloride is generally carried out at polyvinyl chloride
manufacturing plants. Ethylene dichloride is mainly used in
construction applications; hence, its demand is closely related to
the construction industry dynamics. Demand for ethylene dichloride is
anticipated to rise at a year-on-year rate of nearly 5% during the
forecast period owing to the increase in demand for construction for
polyvinyl chloride in developing countries and stable growth in
developed countries. However, environmental concerns regarding some
of the plasticizers used in the manufacture of polyvinyl chloride are
likely to hamper the production of polyvinyl chloride. This, in turn,
is anticipated to restrain the demand for ethylene dichloride during
the forecast period. Manufacturers such as VinTec developed a new
high-temperature direct chlorination process. The newly developed
process has proved to considerably increase the purity and yields of
the ethylene chloride manufacturing process by using a new,
inorganic-based catalyst. This is projected to offer lucrative
opportunities to the global ethylene dichloride market in the near
future.
In
terms of geography, the global ethylene dichloride market can be
segmented into North America, Europe, Asia Pacific, Latin America,
and Middle East & Africa. North America held major share of
nearly 40% of the global ethylene dichloride market in 2017. It was
followed by Europe. However, Asia Pacific was the key consumer of
ethylene dichloride in 2017. The ethylene dichloride market in the
region is anticipated to expand at a fast pace during the forecast
period. Asia Pacific primarily imports ethylene dichloride from the
U.S. and the Middle East. The supply of ethylene dichloride was
restricted in 2017; hence, prices of ethylene dichloride increased
due to the rise in prices of ethylene.
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Ethylene
Dichloride Market: Key Market Players
Key
players operating in the ethylene dichloride market are:
Formosa
Plastics Corporation, U.S.A.,Occidental Chemical Corporation.The Dow
Chemical Company
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