Ethylene Dichloride Market Growth by 2028

 Increasing application of vinyl chloride monomer in PVC and a thriving construction industry is driving the demand for the Ethylene Dichloride Market.

Ethylene Dichloride Market Size – USD 15.63 Billion in 2020, Growth - CAGR of 4.1%, Trends – High demand of packaging from APAC.

The global Ethylene Dichloride Market is forecast to reach USD 21.30 Billion by 2028, according to a new report by Reports and Data. Growing demand for ethylene dichloride is expected to rise owing to the high demand for construction for polyvinyl chloride in emerging nations and stable growth in developed countries.

EDC has excellent properties such as high tensile strength, good temperature resistance, and hardness, and it has various applications in numerous end-use industries such as packaging, automotive, furniture, construction, and others. It is a worthy polar aprotic solvent used as a degreaser and paint remover. Formosa Plastics Corporation, a manufacturer of ethylene dichloride, has a plant in Mailiao, Taiwan, that produces up to 800,000 metric tonnes of EDC per annum.

Get a sample of the report: https://www.reportsanddata.com/sample-enquiry-form/2432

Top Lading Players: Dow Chemical, Asahimas Chemica, Vinnolit, Nova Chemical, Xinjiang Zhongtai Chemical, Sigma Plastic, Westlake Chemical, Bayer AG, INEOS Group Ltd., and Occidental Chemical Corporation, among others.

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