Rising Demand for Polyvinyl Chloride to Propel the Demand for Ethylene Dichloride Market
Added: (Thu Jan 17 2019)
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According to a new report published by Transparency Market Research, the ethylene dichloride market will record significant growth owing to the rising demand for polyvinyl chloride across the globe. The report titled, “Ethylene Dichloride Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2018 – 2026,” anticipates that the global market will grow remarkably during the forecast period.
Ethylene dichloride is a colorless liquid with sweet odor. It is manufactured by reacting ethylene with chlorine, which is further thermally cracked in order to produce vinyl chloride monomer. Ethylene dichloride can be manufactured using two routes. The direct chlorination process that uses pure chlorine and ethylene is primarily employed to produce ethylene dichloride. Another process called oxy-chlorination, wherein the ethylene reacts with chlorine in hydrogen chloride, is also frequently used for the production of ethylene dichloride. Under the oxy-chlorination process, ethylene dichloride is converted into vinyl chloride monomer by thermal cracking and the hydrogen chloride by-product can again be recycled in an oxy-chlorination plant to make more ethylene dichloride.
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Production of ethylene dichloride is generally carried out at polyvinyl chloride manufacturing plants. Ethylene dichloride is mainly used in construction applications; hence, its demand is closely related to the construction industry dynamics. Demand for ethylene dichloride is anticipated to rise at a year-on-year rate of nearly 5% during the forecast period owing to the increase in demand for manufacturing of polyvinyl chloride in developing countries and stable growth in developed countries. However, environmental concerns regarding some of the plasticizers used in the manufacture of polyvinyl chloride are likely to hamper the production of polyvinyl chloride. This, in turn, is anticipated to restrain the demand for ethylene dichloride during the forecast period.
Manufacturers such as VinTec has developed a new high-temperature direct chlorination process. The newly developed process has proved to considerably increase the purity and yields of the ethylene chloride manufacturing process by using a new, inorganic-based catalyst. This is projected to offer lucrative opportunities to the global ethylene dichloride market in the near future.
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