Infinium Global Research Ethylene Dichloride Market Global Industry Analysi | Page 2
The report on Ethylene Dichloride by Infinium Global Research analyses the
Ethylene Dichloride Market over the period of 2017 to 2023. This report also
provides detailed qualitative and quantitative analyses of the market
dynamics, market size and future trends in Global Ethylene Dichloride Market.
It will help a lot of decision makers to develop strategies and find new
opportunities in the Global Ethylene Dichloride Market.
The global ethylene dichloride market is expected to grow at a CAGR between
3.0% and 3.5% from 2017 to 2023. Ethylene dichloride (also known as EDC)
is a chlorinated hydrocarbon liquid, which is colourless, flammable, pleasant
smelling and oily. Ethylene dichloride is also known as 1,2-dichloroethane.
Ethylene dichloride is predominately used as an intermediate for the
manufacturing of monomer of vinyl chloride, a raw material, used for the
manufacturing of poly vinyl chloride (PVC). Ethylene dichloride is also used for
manufacturing chemical solvents such as ethylene amines, trichloroethane,
trichloroethylene, and vinylidene chloride. EDC is used as solvents in
industries such as adhesives, metal cleaning, and textile.
The growth in the PVC market is expected to drive the growth of ethylene
dichloride market as over 95% of the output of the ethylene dichloride is used
in PVC industry. The major end user applications of PVC are in the
construction industry, and the growth in construction sector is likely to drive
the growth in global ethylene dichloride market over the forecast period.
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