Global Dichloroethane Market Report 2022: Industry Projected to Grow at a Healthy CAGR of 4.75%. – ResearchAndMarkets.com
DUBLIN–(BUSINESS WIRE)–The “Global Dichloroethane Market Analysis: Plant Capacity, Production, Operating Efficiency, Technology, Demand & Supply, End-User Industries, Distribution Channel, Regional Demand, 2015-2030” report has been added to ResearchAndMarkets.com’s offering.
Global Dichloroethane demand stood at 9.12 Million Tonnes in 2020 and is forecast to reach 14.46 Million Tonnes by 2030, growing at a healthy CAGR of 4.75% until 2030.
Dichloroethane also known as ethylene dichloride (EDC) is a colorless liquid with a chloroform-like odor. It is highly flammable, toxic, and carcinogenic. The major applications of dichloroethane are vinyl chloride monomer, tetraethylenepentamine, and others. Vinyl chloride monomer is the major application of dichloroethane is the precursor to polyvinyl chloride. Major end-use industries for dichloroethane are construction, automotive, electricals, and electronics.
Growing demand for polyvinyl chloride (PVC) from construction and automotive coupled with the increasing demand of other application areas is expected to drive the demand for dichloroethane for the forecast period. Moreover, stringent environmental regulations regarding dichloroethane are expected to hinder demand growth during the forecast period.
In 2020, the spread of COVID-19 in major global economies caused nationwide lockdowns which had an impact on several industries. Construction and automotive were among the most affected industries during the pandemic. This had an impact on the demand for dichloroethane for the first half of 2020. Therefore, the demand for dichloroethane fell during the coronavirus pandemic.
Region-wise, Asia-pacific region holds the major share of global demand for dichloroethane due to the increasing demand of application areas including construction and automotive. Moreover, continuous revamping of infrastructure in disaster-prone countries like Japan and South Korea is also another factor propelling the demand for dichloroethane. Increasing population and subsequent rise in per capita income in emerging economies like India and China is also another factor supporting demand rise in Asia-pacific.
Key Target Audience:
- Dichloroethane manufacturers and other stakeholders
- Organizations, forums and alliances related to dichloroethane distribution
- Government bodies such as regulating authorities and policy makers
- Market research organizations and consulting companies
Report Scope:
In this report, global dichloroethane market has been segmented into following categories, in addition to the industry trends which have also been detailed below
- Market, by Application-Vinyl Chloride Monomer, Tetraethylenepentamine
- Market, by End Use -Construction, Automotive, and Electricals and Electronics.
- Market, by Sales Channel-Direct/Institutional Sales, Indirect Sales
- Market, by Region-North America, APAC, Europe, MEA, South America
Key Topics Covered:
1. Global Dichloroethane Market Outlook, 2015-2030
2. Global Dichloroethane Demand Outlook, 2015-2030, By Volume
3. North America Dichloroethane Market Outlook, 2015-2030
4. North America Dichloroethane Demand Outlook, 2015-2030, By Volume
5. Asia Pacific Dichloroethane Market Outlook, 2015-2030
6. Asia Pacific Dichloroethane Demand Outlook, 2015-2030, By Volume
7. Europe Dichloroethane Market Outlook, 2015-2030
8. Europe Dichloroethane Demand Outlook, 2015-2030, By Volume
9. MEA Dichloroethane Market Outlook, 2015-2030
10. MEA Dichloroethane Demand Outlook, 2015-2030, By Volume
11. South America Dichloroethane Market Outlook, 2015-2030
12. South America Dichloroethane Demand Outlook, 2015-2030, By Volume
13. By Region
13. News and Deals
For more information about this report visit https://www.researchandmarkets.com/r/rrpd2g
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