The global North America Ethylene Dichloride Market Dichloride (EDC) market size was USD 16.81 Billion in 2022 and is expected to register a revenue CAGR of 4.2% during the forecast period. The infrastructure and transportation industries' increasing use of Polyvinyl Chloride (PVC) components is the major factor driving market revenue growth. In addition, use of North America Ethylene Dichloride as a raw material in the manufacturing of novel resin is expected to drive North America Ethylene Dichloride production. Increasing need for oil and gas as a result of rapid urbanization, increasing requirements for water transportation, and expanding irrigation and plumbing sectors are some of the major factors expected to drive revenue growth of the market. These pipes are the most stable and long-lasting solution for transporting both freshwater and wastewater without any leaks or corrosion of any kind. For instance, one of the most widely used polymers across the globe is PVC. Over 40 million tons of polyvinyl chloride resin are used worldwide each year, and demand is rising. PVC consumption is increasing by 3% annually on average around the world, with emerging countries experiencing faster development. Each year, around 6.5 million tons of PVC goods are produced in the EU-27 plus the U.K., Norway, and Switzerland. PVC resin accounts for 5.1 million tons of Europe's annual Plastics usage or 10%. PVC can be found in countless items that improve our everyday lives in some way or another due to its extraordinary adaptability.
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Top Lading Players: Dow Chemical, Asahimas Chemica, Vinnolit, Nova Chemical, Xinjiang Zhongtai Chemical, Sigma Plastic, Westlake Chemical, Bayer AG, INEOS Group Ltd., and Occidental Chemical Corporation, among others.
Some Key Highlights from the Report:
- North America Ethylene Dichloride is an intermediate chemical towards the production of polyvinyl chloride (PVC), with some incidental uses. More than 96% of produced market product goes to the manufacture of vinyl chloride monomer (VCM) to make PVC. Increasing execution and acceptance of smart city concept will boost the PVC consumption, which in turn will propel the demand for North America Ethylene Dichloride market.
- North America Ethylene Dichloride is a lead scavenger and therefore appears as a component of most leaded fuels. North America Ethylene Dichloride is also used as an extraction solvent, as a solvent for textile cleaning and metal degreasing, in certain adhesives, and as a component in fumigants for upholstery, carpets, and grain.
- North America Ethylene Dichloride can be manufactured by the process of direct chlorination. The process is performed in the liquid phase, where pure ethylene and liquid chlorine are reacted in the presence of ferric chloride.
- Direct chlorination can be carried out at low (20-70 degrees Celsius) or high (100-150 degrees Celsius) temperatures. The low temperature has an advantage over high as it produces little by-product, whereas high temperature leads to considerable energy savings.
- Asia Pacific held a significant market share of North America Ethylene Dichloride and is expected to grow owing to its increasing application in PVC. The growing demand of the PVC product in Asia Pacific countries such as China and India due to a large number of ongoing projects is expected to bolster the growth of the global North America Ethylene Dichloride market.
Segments covered in the report:
Manufacturing Process Outlook (Revenue, USD Billion; Volume, Kilo Tons; 2018-2028)
- Direct Chlorination
- Oxy Chlorination
Application Outlook (Revenue, USD Billion; Volume, Kilo Tons; 2018-2028)
- Vinyl Chloride Monomer (VCM)
- Chlorinated Solvents
- Ethylene Amines
- Vinylidene Chloride
End-User Outlook (Revenue, USD Billion; Volume, Kilo Tons; 2018-2028)
- Automotive
- Construction
- Packaging
- Furniture
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Regional Outlook:
- North America (U.S.A., Canada, Mexico)
- Europe (Italy, U.K., Germany, France, Rest of Europe)
- Asia Pacific (China, India, Japan, South Korea, Australia, Rest of APAC)
- Latin America (Chile, Brazil, Argentina, Peru, Rest of Latin America)
- Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
Key Questions Addressed in the Report:
- What are the dominating factors that are influencing the growth of the industry?
- In the forecast period, which market segment is expected to rise the most?
- What are the risks and challenges that the industry is facing?
- In the coming years, which area is projected to dominate the market?
- Who are the major players in the market?
- What kind of strategic business plans have they made?
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