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Strategic Insight into the Ethylene Dichloride Market
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Inorganic-based catalyst is projected to ofer lucrative opportunities to the Ethylene Dichloride Market in the near future Albany, New York: Ethylene dichloride is a colorless liquid with sweet odor. It is manufactured by reacting ethylene with chlorine, which is further thermally cracked in order to produce vinyl chloride monomer. Ethylene dichloride can be manufactured using two routes. The direct chlorination process that uses pure chlorine and ethylene is primarily employed to produce ethylene dichloride. Another process called oxy- chlorination, wherein the ethylene reacts with chlorine in hydrogen chloride, is also frequently used for the production of ethylene dichloride. Under the oxy-chlorination process, ethylene dichloride is converted into vinyl chloride monomer by thermal cracking and the hydrogen chloride by-product can again be recycled in an oxy- chlorination plant to make more ethylene dichloride. Read Report Overview @ https://www.transparencymarketresearch.com/ethylene-dichloride- market.html Ethylene Dichloride Market: Drivers and Restraints Production of ethylene dichloride is generally carried out at polyvinyl chloride manufacturing plants. Ethylene dichloride is mainly used in construction applications; hence, its demand is closely related to the construction industry dynamics. Demand for ethylene dichloride is anticipated to rise at a year-on-year rate of nearly 5% during the forecast period owing to the increase in demand for construction for polyvinyl chloride in developing countries and stable growth in developed countries. However, environmental concerns regarding some of the plasticizers used in the manufacture of polyvinyl chloride are likely to hamper the
production of polyvinyl chloride. This, in turn, is anticipated to restrain the demand for ethylene dichloride during the forecast period. Manufacturers such as VinTec developed a new high-temperature direct chlorination process. The newly developed process has proved to considerably increase the purity and yields of the ethylene chloride manufacturing process by using a new, inorganic-based catalyst. This is projected to ofer lucrative opportunities to the global ethylene dichloride market in the near future. Request For Custom Research @ https://www.transparencymarketresearch.com/sample/sample.php? flag=CRrrepiid=e6543333 In terms of geography, the global ethylene dichloride market can be segmented into North America, Europe, Asia Pacifc, Latin America, and Middle East & Africa. North America held major share of nearly 40% of the global ethylene dichloride market in 2017. It was followed by Europe. However, Asia Pacifc was the key consumer of ethylene dichloride in 2017. The ethylene dichloride market in the region is anticipated to expand at a fast pace during the forecast period. Asia Pacifc primarily imports ethylene dichloride from the U.S. and the Middle East. The supply of ethylene dichloride was restricted in 2017; hence, prices of ethylene dichloride increased due to the rise in prices of ethylene. Request to view Sample Report: https://www.transparencymarketresearch.com/sample/sample.php? flag=Brrepiid=e6543333 Ethylene Dichloride Market: Key Market Players
Key players operating in the ethylene dichloride market are: Formosa Plastics Corporation, U.S.A.,Occidental Chemical Corporation.The Dow Chemical Company About Us Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information. TMR’s data repository is continuously updated and revised by a team of research experts so that it always refects the latest trends and information. With extensive research and analysis capabilities, Transparency Market Research employs rigorous primary and secondary research techniques to develop distinctive data sets and research material for business reports. Contact Transparency Market Research State Tower,
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