Dublin, June 30, 2015 (GLOBE NEWSWIRE) -- Research and Markets (http://www.researchandmarkets.com/research/hxr926/global_ethylene) has announced the addition of the "Global Ethylene Dichloride (EDC) Market 2015-2019" report to their offering.
The global EDC market to grow at a CAGR of 3.47% over the period 2014-2019.
EDC, also known as 1,2-dichloroethane, is a clear, colorless liquid with a pleasant odor and sweet taste. Ethylene and chlorine are the basic raw materials used in the production of EDC. EDC is produced by the chlorination of ethylene through direct chlorination or oxychlorination. Over 98% of the EDC is used as a chemical intermediate for the manufacture of VCM, which is used in PVC production. Also, EDC is used in the production of various industrial and consumer products.
The global EDC market shows immense growth potential because of the emergence of certain trends such as the use of bio-ethylene as a potential feedstock for EDC. Bio-ethylene produced from bio-ethanol is chemically identical to ethylene, and the production process involves reduced GHG emissions and can reduce the dependence on fossil fuels.
According to the report, one of the main factors positively affecting the market is the growing demand from VCM applications for PVC production. This demand for VCM from PVC manufacturers will open up wide opportunities for the global EDC market players.
Further, the report states that one of the main challenges is the stringent environmental and health regulations imposed by the governments.
Key vendors
- Dow Chemical
- Formosa Plastics
- INEOS
- Occidental Chemical
- SolVin
Other prominent vendors
- Axiall
- BASF
- Bayer
- Boytek
- Chemson Group
- Dupont
- Gail
- LG Chemical
- Mexichem
- Nova Chemical
- Polyone
- Reliance Industries
- Saudi Aramco
- Sigma Plastic
- Sinopec Group
- The Britton Group
- USI
- Vinnolit
- Westlake Chemical
- Xinjiang Zhongtai Chemical
Key Topics Covered:
- Executive Summary
- List of Abbreviations
- Scope of the Report
- Market Research Methodology
- Introduction
- Market Landscape
- Market Segmentation by End-users
- Geographical Segmentation
- Key Leading Countries
- Buying Criteria
- Market Growth Drivers
- Drivers and their Impact
- Market Challenges
- Impact of Drivers and Challenges
- Market Trends
- Trends and their Impact
- Vendor Landscape
- Key Vendors
For more information visit http://www.researchandmarkets.com/research/hxr926/global_ethylene