Quick Summary:
In an increasingly interconnected economy, understanding trends that influence various industries is paramount. In the case of the Dichloroethane Market, it plays an essential role in sectors such as construction, automotive, electricals, and electronics. The recent market dynamics demonstrate growing demand for Dichloroethane, with global demand estimated to reach nearly 14.46 million tonnes by the end of the decade.
This comprehensive report delves into these key market insights, showcasing the demand-supply scenario, key players, competitive developments and potential challenges facing the industry. Additionally, the study provides segmented detailed analysis by application, end-use, sales channel and region. With a substantial growth forecast, access to up-to-date analysis is crucial for stakeholders such as Dichloroethane manufacturers, customers and policy makers. This report serves as a resourceful guide for industry leaders looking to navigate a shifting market landscape, facilitate expansion and drive key investment decisions.
Global Dichloroethane demand stood at 7.14 Million Tonnes in 2022 and is forecast to reach 10.26 Million Tonnes by 2032, growing at a healthy CAGR of 4.14% until 2032.Global Dichloroethane Demand is Projected to Grow at a Healthy CAGR of 4.75%.
Dichloroethane also known as ethylene dichloride (EDC) is a colorless liquid with a chloroform-like odor. It is highly flammable, toxic, and carcinogenic. The major applications of dichloroethane are vinyl chloride monomer, tetraethylenepentamine, and others. Vinyl chloride monomer is the major application of dichloroethane is the precursor to polyvinyl chloride. Major end-use industries for dichloroethane are construction, automotive, electricals, and electronics. Growing demand for polyvinyl chloride (PVC) from construction and automotive coupled with the increasing demand of other application areas is expected to drive the demand for dichloroethane for the forecast period. Moreover, stringent environmental regulations regarding dichloroethane are expected to hinder demand growth during the forecast period.
In 2020, the spread of COVID-19 in major global economies caused nationwide lockdowns which had an impact on several industries. Construction and automotive were among the most affected industries during the pandemic. This had an impact on the demand for dichloroethane in 2020. Therefore, the demand for dichloroethane fell during the coronavirus pandemic.
Region-wise, Asia-pacific region holds the major share of global demand for dichloroethane due to the increasing demand of application areas including construction and automotive. Moreover, continuous revamping of infrastructure in disaster-prone countries like Japan and South Korea is also another factor propelling the demand for dichloroethane. Increasing population and subsequent rise in per capita income in emerging economies like India and China is also another factor supporting demand rise in Asia-pacific.
Years considered for this report:
- Historical Period: 2015-2022
- Base Year: 2022
- Estimated Year: 2023
- Forecast Period: 2024-2032
Objective of the Study:
- To assess the demand-supply scenario of dichloroethane which covers production, demand and supply of dichloroethane market globally.
- To analyse and forecast the market size of dichloroethane .
- To classify and forecast global dichloroethane market based on end-use, sales channel and regional distribution.
- To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in global dichloroethane market.
- To identify leading players involved in the manufacturing of dichloroethane.
To extract data for global dichloroethane market, primary research surveys were conducted with dichloroethane manufacturers, suppliers, distributors, wholesalers and end users. While interviewing, the respondents were also inquired about their competitors. Through this technique, the publisher was able to include manufacturers that could not be identified due to the limitations of secondary research. Moreover, the report analyzes various end user segments and projected a positive outlook for Global dichloroethane market over the coming years.
The publisher calculated dichloroethane demand globally by analyzing the historical data and demand forecast which was carried out considering dichloroethane prices, materials used for production of dichloroethane . The publisher sourced these values from industry experts and company representatives and externally validated through analyzing historical sales data of respective manufacturers to arrive at the overall market size. Various secondary sources such as company websites, association reports, annual reports, etc., were also studied by the publisher.
Key Target Audience:
- dichloroethane manufacturers and other stakeholders
- Organizations, forums and alliances related to dichloroethane distribution
- Government bodies such as regulating authorities and policy makers
Report Scope:
In this report, global dichloroethane market has been segmented into following categories, in addition to the industry trends which have also been detailed below:- Market, by End Use -Construction, Automotive, and Electricals and Electronics and others.
- Market, by Sales Channel-Direct Sales, Indirect Sales
- Market, by Region-North America, APAC, Europe, MEA, South America
Available Customisations
With the given market data, the publisher offers customizations according to a company’s specific needs.Please note: The subscription will be activated within 3 business days
Table of Contents
1. Industry Market Size
2. Capacity By Company
3. Capacity By Location
4. Plant Operating Efficiency [Quarterly Update]
5. Production By Company [Quarterly Update]
6. Demand by End- Use [Quarterly Update]
7. Demand by Region
8. Demand by Sales Channel (Direct and Indirect)
10. Demand-Supply Gap
11. Company Share
12. Manufacturing Process
13. Pricing Analysis & Forecast
Methodology
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