The North America ethylene dichloride (EDC) market size reached US$ 5.4 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 7.3 Billion by 2032, exhibiting a growth rate (CAGR) of 3.40% during 2024-2032.
Report Attribute
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Key Statistics
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Base Year
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2023 |
Forecast Years
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2024-2032 |
Historical Years
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2018-2023
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Market Size in 2023 | US$ 5.4 Billion |
Market Forecast in 2032 | US$ 7.3 Billion |
Market Growth Rate (2024-2032) | 3.40% |
Ethylene dichloride (EDC), also known as 1, 2-dichloroethane, refers to a colorless and transparent liquid with a pleasant odor. EDC is used as an essential component for manufacturing vinyl chloride monomer (VCM), which is further adopted as an intermediate in polyvinyl chloride (PVC) resin production. As a result, EDC finds extensive applications across diverse end use industries, such as construction, automotive, oil and gas, healthcare, packaging, etc.
In North America, significant growth in the construction industry is currently driving the use of PVC in manufacturing cables, doors and windows, pipes and fittings, floorings, etc., thereby augmenting the demand for ethylene dichloride. Furthermore, the growing number of refurbishment activities has led to the replacement of metal pipes with PVC-based alternatives in water treatment plants, power transmission infrastructures, food processing units, petrochemical complex, etc. Additionally, the expanding oil and gas sector in North America is also driving the demand for ethylene dichloride in numerous oil and shale gas exploration and production activities. In line with this, ethylene dichloride is also adopted for drilling and hydraulic fracturing procedures across the mining, and oil and gas industries. Moreover, the growing demand for ethylene dichloride in the pharmaceutical sector for manufacturing anesthetic drugs that are extensively used in several surgical procedures is propelling the market growth in North America. Furthermore, the rising popularity of VCM-based medical equipment, such as cardiac catheters, blood and intravenous bags, artificial heart valves, etc., is also augmenting the demand for ethylene dichloride in the region. Apart from this, the increasing utilization of ethylene dichloride for producing several chlorinated solvents that find extensive applications across the textile, metal processing, and packaging industries will continue to drive the market growth in North America over the forecast period.
IMARC Group provides an analysis of the key trends in each segment of the North America ethylene dichloride (EDC) market report, along with forecasts at the regional and country levels from 2024-2032. Our report has categorized the market based on product type and application.
Breakup by Product Type:
Breakup by Application:
Breakup by Country:
The report has also analyzed the competitive landscape of the market with some of the key players being Formosa Plastics Corporation U.S.A, Occidental Petroleum Corporation, Olin Corporation, Shintech Incorporated and Westlake Chemical Corporation.
Report Features | Details |
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Base Year of the Analysis | 2023 |
Historical Period | 2018-2023 |
Forecast Period | 2024-2032 |
Units | US$ Billion, Million Tons |
Segment Coverage | Product Type, Application, Country |
Countries Covered | United States, Canada |
Companies Covered | Formosa Plastics Corporation U.S.A, Occidental Petroleum Corporation, Olin Corporation, Shintech Incorporated and Westlake Chemical Corporation |
Customization Scope | 10% Free Customization |
Report Price and Purchase Option | Single User License: US$ 3699 Five User License: US$ 4699 Corporate License: US$ 5699 |
Post-Sale Analyst Support | 10-12 Weeks |
Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |