Dichloroethane Market companies Dow Chemical Co., Occidental Chemical Corp, SolVin
Dichloroethane is also known as ethylene dichloride (EDC). Dichloroethane is a
colorless liquid with chloroform-like odor. Dichloroethane is a
chlorinated hydrocarbon, generally used to produce vinyl chloride
monomer, the major precursor of polyvinyl chloride (PVC).Dichloroethane
is highly flammable, toxic and carcinogenic.Dichloroethane can be easily
recycled and reused in the same facility for further use.
Dichloroethane market is strongly depends on PVC market and construction
industry.
Based on the application, the dichloroethane market is divided in
three broad segments: vinyl chloride monomer, tetraethylenepentamine and
others. On the basis of raw materials, dichloroethane market is
segmented in two categories: ethylene and others.
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Asia Pacific is the largest market for dichloroethane, followed by
North America and Europe. Asia Pacific region is expected to show a good
growth rate over a forecasted period due to high growth potential of
building and construction industry. China represents the largest market
for PVC in the Asia Pacific region.
Some of the major drivers contributing to the overall market growth
of dichloroethane market include high growth in the construction sector
and increasing demand for PVC globally.
Governments and private sectors across the globe are investing in
better infrastructure facilities. Construction of residential and
non-residential buildings leads to the demand for PVC products;
indirectly increase the demand for dichloroethane market. For
infrastructure development, the U.K government’s public sector
investment is expected to rise by USD 4.9 billion to about USD 77.7
billion in 2013-14 over 2012-13. Some of the major restraints for
dichloroethane market include strict environmental regulations.
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Some of the major companies operating in the dichloroethane market
include Dow Chemical Co., Occidental Chemical Corp, SolVin, Formosa
Plastics Corporation and INEOS.