GITNUX MARKETDATA REPORT 2024

Ethylene Dichloride Industry Statistics

Ethylene Dichloride industry statistics show a steady increase in global production and consumption over the past few years, with a promising outlook for continued growth.

With sources from: globenewswire.com, gminsights.com, fortunebusinessinsights.com, marketresearchfuture.com and many more

Statistic 1

The global Ethylene Dichloride market size exceeded USD 16 billion in 2019.

Statistic 2

The global Ethylene Dichloride market is expected to grow at a CAGR of 3.0% from 2020 to 2026.

Statistic 3

More than 95 percent of global ethylene dichloride production is used for manufacturing Vinyl Chloride Monomer (VCM).

Statistic 4

Asia-Pacific region dominates the global ethylene dichloride market, with around 50% of total consumption.

Statistic 5

Market growth in Asia is primarily driven by China, which is the largest consumer of ethylene dichloride worldwide.

Statistic 6

In Europe, ethylene dichloride's main use is in PVC production, accounting for nearly 98% of consumption in 2018.

Statistic 7

By 2021, over 11 billion pounds of ethylene dichloride are expected to have been produced in the U.S.

Statistic 8

The United States is a major exporter of ethylene dichloride, mainly to Canada and Mexico.

Statistic 9

In 2018, Saudi Arabia has produced 188 thousand metric tons of ethylene dichloride.

Statistic 10

Japan's production capacity of ethylene dichloride was approximately 170,732 tons in 2020.

Statistic 11

Ethylene dichloride's use in agricultural products such as pesticides is projected to witness significant growth over the forecast period.

Statistic 12

Chlorinated polyethylene resins and coatings market, driven by ethylene dichloride demand, is forecasted to surpass $395 million by 2026.

Statistic 13

Demand for ethylene dichloride from tire and rubber industry is set to boost global market growth.

Statistic 14

The leading producers of ethylene dichloride are Dow Chemical, Formosa Plastics, Occidental Chemical, Oxy Vinyls, and Westlake Chemical.

Statistic 15

Almost half of the world's ethylene dichloride production plants are in Asia-Pacific region.

Statistic 16

Global production of ethylene dichloride is estimated to reach 65 million tons by the end of 2024.

Statistic 17

PVC, which is a product of ethylene dichloride, accounted for more than 60% of total construction plastic market share in 2016.

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In this post, we will explore key statistics and insights into the global Ethylene Dichloride industry. From market size and growth projections to regional consumption patterns and major players, these data points provide a comprehensive overview of the dynamics shaping this crucial chemical market.

Statistic 1

"The global Ethylene Dichloride market size exceeded USD 16 billion in 2019."

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Statistic 2

"The global Ethylene Dichloride market is expected to grow at a CAGR of 3.0% from 2020 to 2026."

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Statistic 3

"More than 95 percent of global ethylene dichloride production is used for manufacturing Vinyl Chloride Monomer (VCM)."

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Statistic 4

"Asia-Pacific region dominates the global ethylene dichloride market, with around 50% of total consumption."

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Statistic 5

"Market growth in Asia is primarily driven by China, which is the largest consumer of ethylene dichloride worldwide."

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Statistic 6

"In Europe, ethylene dichloride's main use is in PVC production, accounting for nearly 98% of consumption in 2018."

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Statistic 7

"By 2021, over 11 billion pounds of ethylene dichloride are expected to have been produced in the U.S."

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Statistic 8

"The United States is a major exporter of ethylene dichloride, mainly to Canada and Mexico."

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Statistic 9

"In 2018, Saudi Arabia has produced 188 thousand metric tons of ethylene dichloride."

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Statistic 10

"Japan's production capacity of ethylene dichloride was approximately 170,732 tons in 2020."

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Statistic 11

"Ethylene dichloride's use in agricultural products such as pesticides is projected to witness significant growth over the forecast period."

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Statistic 12

"Chlorinated polyethylene resins and coatings market, driven by ethylene dichloride demand, is forecasted to surpass $395 million by 2026."

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Statistic 13

"Demand for ethylene dichloride from tire and rubber industry is set to boost global market growth."

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Statistic 14

"The leading producers of ethylene dichloride are Dow Chemical, Formosa Plastics, Occidental Chemical, Oxy Vinyls, and Westlake Chemical."

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Statistic 15

"Almost half of the world's ethylene dichloride production plants are in Asia-Pacific region."

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Statistic 16

"Global production of ethylene dichloride is estimated to reach 65 million tons by the end of 2024."

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Statistic 17

"PVC, which is a product of ethylene dichloride, accounted for more than 60% of total construction plastic market share in 2016."

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Interpretation

In conclusion, the global Ethylene Dichloride market is thriving, with significant market size exceeding USD 16 billion in 2019 and projected growth at a CAGR of 3.0% from 2020 to 2026. The dominance of Asia-Pacific in both production and consumption, particularly driven by China, showcases the region's pivotal role in the market. Furthermore, specific regions like Europe, the U.S., Saudi Arabia, and Japan also contribute significantly to the production and usage of ethylene dichloride. Various industries such as PVC manufacturing, agriculture, tire, and rubber sectors are driving the demand for ethylene dichloride, indicating a promising outlook for market growth. Key players in the industry, such as Dow Chemical and Formosa Plastics, play a crucial role in shaping the market dynamics.

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