Technavio recognizes the following companies as the key players in Global Ethylene Dichloride (EDC) Market 2015-2019: Dow Chemical Co, Formosa Plastics Corp, INEOS Group Ltd, Occidental Chemical Corp and SolVin.
Other Prominent Vendors in the market are: Axiall, BASF, Bayer, Boytek, Chemson Group, DuPont, Gail, LG Chemical, Mexichem, Nova Chemical, Polyone, Reliance Industries, Saudi Aramco, Sigma Plastics, Sinopec Group, The Britton Group, USI , Vinnolit, Westlake Chemical and Xinjiang Zhongtai Chemical.
Commenting on the report, an analyst from Technavio’s team said: “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.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors. For further information on this report, please visit- https://www.technavio.com/report/global-ethylene-dichloride-edc-market-2015-2019
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