Global Dichloroethane Market 2021 End User

Posted February 7, 2022 by kenresearchcompany

Global 1,2-Dichloroethane (EDC, CAS 107-06-2) Market Share, Size 2021: Research by Business Analysis, Growth Rate, Industry Trends and Forecast to 2027.
1,2-Dichloroethane, commonly well-known as ethylene dichloride (EDC), is a chlorinated hydrocarbon with the chemical formula C2H4Cl2. It is mainly utilized to produce vinyl chloride monomer (VCM, chloroethene), the major precursor for PVC production. 1,2-Dichloroethane is also utilized generally as an intermediate for other organic chemical compounds, and as a solvent.

According to the report analysis, ‘Global 1,2-Dichloroethane (EDC, CAS 107-06-2) Market, 2021-2027’ states that Formosa Plastics Corporation, INOVYN ChlorVinyls Limited, Kem One SASU, Occidental Petroleum Corporation, Olin Corporation, PT. Asahimas Chemical (AGC Inc.), Saudi Basic Industries Corporation (SABIC), Shandong Qilu Petrochemical Co., Ltd., Shanghai Chlor-Alkali Chemical Co., Ltd., Shin-Etsu Chemical Co., Ltd., VYNOVA Group, Westlake Chemical Corporation, among others are the foremost entities which presently operating in the global 1,2-Dichloroethane (EDC, CAS 107-06-2) market more proficiently for obtaining the competitive edge, leading the highest market growth, registering the great value of market share, keep maintaining the governing position, ruling around the globe, and generating the highest percentage of revenue by spreading the awareness connected to the applications and advantages of 1,2-Dichloroenthane, improving the qualitative and quantitative measures of such, delivering the better customer satisfaction, implementing the policies of profit making and strategies of expansion, establishing the several research and development programs, increasing the features and benefits of 1,2-Dichloroenthane and analysing the strategies and policies of government as well as similar entities.

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On the basis of application, the ‘Global 1,2-Dichloroenthance Market’ is classified into VCM, Solvents and chemical intermediates.

The global dichloroethane industry is commonly being propelled by the growing construction and infrastructure industry. In food processing, dichloroethane is broadly used as a solvent. It is utilized in the synthesis of organic compounds and as a solvent in closed systems for several extraction and cleaning determination. Furthermore, when applied to leaded petrol it serves as a lead scavenger. It is often utilized as a rubber and plastic dispersant and as a wetting and penetrating agent. Thus, the growing demand from the end-use industries is predicted to catalyse the market growth.

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The requirement for 1-2 Dichloroethane is high in North America and Western Europe for utilize in the production of poly vinyl chloride. The VCM production segment controls a greater share of the 1-2 Dichloroethane market in the U.S. and Central and Eastern Europe. In terms of consumption, Europe controlled a major share of the global 1-2 Dichloroethane market during the recent past years, and the trend is probable to continue throughout the forecast duration also. North America controlled a protruding share of the global 1-2 Dichloroethane market. The market in Asia Pacific is predicted to register a proficient growth rate during the review period. Growth in the consumption of paints, coatings, and textiles, precisely in South Korea, Japan, and China, is predicted to propel the requirement for 1-2 Dichloroethane in Asia Pacific in the next few years. China and Japan are projected to constitute a foremost share of the 1-2 Dichloroethane market in Asia Pacific in the forthcoming years. The 1-2 Dichloroethane market in Middle East & Africa is predicted to enlarge at a sluggish pace during the review period.

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Last Updated February 7, 2022