이염화에틸렌 시장 규모, 점유율, 성장 분석 : 제조 공정별, 용도별, 최종 이용 산업별, 지역별 - 산업 예측(2024-2031년)

Global Ethylene Dichloride Market size was valued at USD 15.4 billion in 2022 and is poised to grow from USD 16.2 billion in 2023 to USD 24.12 billion by 2031, growing at a CAGR of 5.1% during the forecast period (2024-2031).

The global ethylene dichloride (EDC) market is shaped by unique dynamics driven primarily by the demand for polyvinyl chloride (PVC), particularly within the construction and automotive sectors. As a crucial chemical in vinyl chloride monomer production, EDC's relevance continues to rise; however, it faces challenges due to regulatory shifts and environmental concerns surrounding chlorine-based compounds. The Asia-Pacific region, led by China, currently dominates the market, propelled by rapid industrialization and infrastructure development. A notable trend within the industry is a decisive movement toward sustainable practices and innovations in manufacturing processes, aiming to mitigate environmental impacts. Furthermore, the volatility of raw material prices, especially ethylene, significantly affects EDC production costs, contributing to fluctuating market trends. Economic factors, technological advancements, and geopolitical developments further influence the evolving landscape of the global EDC market. In light of increased environmental scrutiny, industry stakeholders are intensively researching green alternatives and cleaner production techniques to comply with global initiatives advocating for environmental stewardship and responsibility. This shift presents both challenges and opportunities for market participants, emphasizing the necessity to adapt to changing regulations and consumer expectations in a more sustainability-driven marketplace.

Top-down and bottom-up approaches were used to estimate and validate the size of the Global Ethylene Dichloride market and to estimate the size of various other dependent submarkets. The research methodology used to estimate the market size includes the following details: The key players in the market were identified through secondary research, and their market shares in the respective regions were determined through primary and secondary research. This entire procedure includes the study of the annual and financial reports of the top market players and extensive interviews for key insights from industry leaders such as CEOs, VPs, directors, and marketing executives. All percentage shares split, and breakdowns were determined using secondary sources and verified through Primary sources. All possible parameters that affect the markets covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data.

Global Ethylene Dichloride Market Segmental Analysis

Global Ethylene Dichloride Market is segmented by production process, application, end use industry and region. Based on production process, the market is segmented into direct chlorination, oxy chlorination and others. Based on application, the market is segmented into vinyl chloride monomer (VCM) production, ethylene amines, chemical solvents, agricultural chemicals, trichloroethylene (TCE), perchloroethylene (tetrachloroethylene), hexachlorophene and others. Based on end use industry, the market is segmented into automotive (interior components, exterior components), construction (pipes & fittings, window profiles), furniture, (upholstery, frames), medical (medical devices, medical packaging) and packaging (food packaging, non-food packaging). Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & and Africa.

Driver of the Global Ethylene Dichloride Market

The Global Ethylene Dichloride (EDC) market is significantly driven by the robust demand from the construction industry, where EDC is a key raw material in the production of polyvinyl chloride (PVC). As global infrastructure projects expand, particularly in rapidly developing regions such as Asia-Pacific, the need for PVC escalates, subsequently increasing EDC consumption. Additionally, the automotive sector plays a vital role in boosting EDC demand, as PVC finds extensive applications in various automotive components. This dual demand from construction and automotive industries underpins the ongoing growth of the EDC market, reflecting broader economic trends and regional development initiatives.

Restraints in the Global Ethylene Dichloride Market

The Global Ethylene Dichloride (EDC) market faces significant restraints primarily due to increasing environmental and regulatory scrutiny focused on chlorine-based chemicals. Stricter regulations designed to mitigate environmental impacts and address health concerns create significant hurdles for the extensive utilization of EDC. Furthermore, the industry's shift towards sustainable practices and the demand for eco-friendly alternatives further complicate EDC's market potential. Additionally, economic downturns and the volatility of raw material prices introduce further challenges, potentially hindering market growth and complicating the operational landscape for companies involved in the production and distribution of Ethylene Dichloride.

Market Trends of the Global Ethylene Dichloride Market

The Global Ethylene Dichloride (EDC) market is witnessing a significant trend towards sustainability as the chemical industry increasingly prioritizes environmentally-friendly practices. As environmental concerns gain traction, there is a growing focus on developing greener alternatives and cleaner production methods for EDC. Concurrently, ongoing research and development efforts aim to enhance the efficiency and safety of EDC manufacturing processes. Innovations in production technologies and the exploration of novel applications beyond traditional uses are driving this shift. This convergence of sustainability and innovation is shaping the future of the EDC market, aligning it with global environmental standards and consumer demand for eco-friendly products.

Table of Contents

Introduction

• Objectives of the Study
• Scope of the Report
• Definitions

Research Methodology

• Information Procurement
• Secondary & Primary Data Methods
• Market Size Estimation
• Market Assumptions & Limitations

Executive Summary

• Global Market Outlook
• Supply & Demand Trend Analysis
• Segmental Opportunity Analysis

Market Dynamics & Outlook

• Market Overview
• Market Size
• Market Dynamics
  • Driver & Opportunities
  • Restraints & Challenges
• Porters Analysis & Impact
  • Competitive rivalry
  • Threat of substitute
  • Bargaining power of buyers
  • Threat of new entrants
  • Bargaining power of suppliers

Key Market Insights

• Key Success Factors
• Degree of Competition
• Top Investment Pockets
• Market Ecosystem
• Market Attractiveness Index, 2023
• PESTEL Analysis
• Macro-Economic Indicators
• Value Chain Analysis
• Pricing Analysis
• Regulatory Landscape
• Patent Analysis
• Case Studies
• Customer & Buying Criteria Analysis

Global Ethylene Dichloride Market Size by Production Process & CAGR (2024-2031)

• Market Overview
• Direct Chlorination
• Oxy Chlorination
• Others

Global Ethylene Dichloride Market Size by Application & CAGR (2024-2031)

• Market Overview
• Vinyl Chloride Monomer (VCM) Production
• Ethylene Amines
• Chemical Solvents
• Agricultural Chemicals
• Trichloroethylene (TCE)
• Perchloroethylene (Tetrachloroethylene)
• Hexachlorophene
• Others

Global Ethylene Dichloride Market Size by End Use Industry & CAGR (2024-2031)

• Market Overview
• Automotive
  • Interior Components
  • Exterior Components
• Construction
  • Pipes & Fittings
  • Window Profiles
• Furniture
  • Upholstery
  • Frames
• Medical
  • Medical Devices
  • Medical Packaging
• Packaging
  • Food Packaging
  • Non-Food Packaging

Global Ethylene Dichloride Market Size & CAGR (2024-2031)

• North America, (Production Process, Application, End Use Industry)
  • US
  • Canada
• Europe, (Production Process, Application, End Use Industry)
  • UK
  • Germany
  • Spain
  • France
  • Italy
  • Rest of Europe
• Asia-Pacific, (Production Process, Application, End Use Industry)
  • China
  • India
  • Japan
  • South Korea
  • Rest of Asia Pacific
• Latin America, (Production Process, Application, End Use Industry)
  • Brazil
  • Rest of Latin America
• Middle East & Africa, (Production Process, Application, End Use Industry)
  • GCC Countries
  • South Africa
  • Rest of Middle East & Africa

Competitive Intelligence

• Top 5 Player Comparison
• Market Positioning of Key Players, 2023
• Strategies Adopted by Key Market Players
• Recent Developments in the Market
• Company Market Share Analysis, 2023
• Company Profiles of All Key Players
  • Company Details
  • Product Portfolio Analysis
  • Company's Segmental Share Analysis
  • Revenue Y-O-Y Comparison (2021-2023)

Key Company Profiles

• Dow Chemical
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Formosa Plastics Corporation
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• INEOS Group Ltd.
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Mitsubishi Chemical Corporation
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• SABIC
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Occidental Chemical Corporation
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• SolVin
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• BASF SE
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Bayer AG
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• LG Chem Ltd.
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Nova Chemicals Corporation
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Reliance Industries Limited
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Sinopec Group
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Xinjiang Zhongtai Chemical Co., Ltd.
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Olin Corporation
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• ProChem, Inc.
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Saudi Arabian Oil Company (Saudi Aramco)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Solvay SA
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Tosoh Corporation
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Vizag Chemicals Private Limited
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments

Conclusion & Recommendation