Jan 17, 2021 (Heraldkeepers) -- Market Research Future published a Half Cooked Research Report on "Global Ethylene Dichloride Market Research Report – Forecast to 2023"- Market Analysis, Scope, Stake, Progress, Trends and Forecast to 2023.
Ethylene Dichloride can be defined as a chlorinated hydrocarbon. The product is colorless and carries a sweet smell. It can find application as a chemical intermediate for the manufacturing of vinyl chloride monomer. Major traction provider for the market for ethylene dichloride would be hike in disposable income, rapid urbanization, and robust growth of the automotive sector. The forecast period of 2018 to 2023 would witness significant participation from various market players who would take the automotive sector higher and, consequently, would spur the ethylene dichloride market growth. People investing in passenger cars is increasing in numbers.
Market Scenario and Growth Factors:
This is due to a hike in the per capita income. Several other features like maintaining social status, hike in the construction business, better intake of the furniture segment, rise in the packaging industry, are some of the major reasons that can influence the global Ethylene Dichloride Market Size considerably.
The process further finds significant inclusion in the manufacturing of polyvinyl chloride (PVC). The compound finds significant market traction in various ends user industries like furniture, automotive, construction, medical, packaging, and others. Market Research Future (MRFR) has made an analysis of the market for its report and included several factors that can have impact on the global market.
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A lot of companies are making a substantial impact on the global market for Ethylene Dichloride. MRFR analyzed them to get close to better analysis and reveal various insights that can be handled better in the coming years. These companies are:
Formosa Plastics Corporation (U.S.),
Olin Corporation (U.S.),
Axiall Corporation (U.S.),
Westlake Chemical Corporation (U.S.),
PPG Industries (U.S.),
Occidental Petroleum Corporation (U.S.),
PT Asahimas Chemical (Indonesia),
The Dow Chemical Company (U.S.),
Punjab Chemicals & Crop Protection Limited (India),