Ethylene Dichloride Market New Opportunities, Emerging Trends And Forecasts To 2030
Ethylene dichloride (EDC) is a colorless, oily liquid with a sweet odor. It is also known as 1,2-dichloroethane and is primarily used in the production of vinyl chloride, which is used in the production of polyvinyl chloride (PVC) resins and plastics. The global Ethylene Dichloride Market size was valued at USD 3.5 billion in 2020 and is projected to grow at a CAGR of 3.5% from 2023 to 2030. The largest application of EDC is in the production of PVC, which is used in a wide range of applications, including building and construction, automotive, and packaging. PVC is known for its durability, versatility, and low cost, which has led to its widespread use in various industries. Another major application of EDC is in the production of chlorinated solvents, such as trichloroethylene and perchloroethylene, which are used as degreasers, cleaning agents, and in the production of refrigerants. EDC is also used in the production of various chemicals, such as ethylene amines, which are used