India Ethylene Dichloride Market : Plant, Demand & Supply, Technology, Competition, Trade, Market Analysis, 2030

Format: Online | Last Updated: Feb 2020

[Online Quarterly Update]Ethylene Dichloride demand in India is expected to grow at a healthy CAGR of 3.7% during the forecast period. Increasing the use of Ethylene Dichloride in the manufacturing of PVC pipes, vinyl chloride monomer, along with its usage in the production of Ethylene Amines and Vinylidene Chloride is anticipated to spur the demand for Ethylene Dichloride in India. Moreover, supportive government initiatives such as the promotion of small and medium scale polymer processing industries near polymer manufacturing units are anticipated to further contribute to the growth of the Ethylene Dichloride demand in the country. With the slowdown in the automotive sector, the demand for the impact copolymer would be lower than random copolymer but with the remedial measures taken by the government, Ethylene Dichloride demand is anticipated to recover in the next couple of quarters. The rapid expansion of Ethylene Dichloride capacity in the country coupled with increasing demand for Ethylene Dichloride derived PVC pipes, wire & cables, elastic films and sheets are expected to drive India Ethylene Dichloride market during the forecast years. Additionally, demand for PVC pipes is fueled by its extensive usage in the agriculture sector for water supply, drainage, and irrigation, owing to its enhanced properties such as corrosion resistance and easy mouldability. The use of Ethylene Dichloride in injection molding for plastic production is also gaining popularity and preference in automotive, packaging, agriculture and other industries. In the budget of 2019-2020, Nirmala Sitharaman (Minister of Finance, Government of India) proposed that the customs duty over the import prices of PVC will be increased in order to promote Make in India initiative. These factors would contribute to the growth of the Ethylene Dichloride demand in the country.
 
Years Considered for this Report:
 
Historical Years: 2013 – 2018
Base Year: 2019
Estimated Year: 2020
Forecast Period: 2021 – 2030
 
Objective of the Study:
 
•        The primary objective of the study was to evaluate and forecast Ethylene Dichloride capacity, production,
          demand, inventory, and demand – supply gap in India. 
•        To categorize Ethylene Dichloride demand based on end use, region and sales channel.
•        To study trade dynamics and company share in India Ethylene Dichloride market.
•        To identify major customers of Ethylene Dichloride in India.
•        To evaluate and forecast Ethylene Dichloride pricing in India Ethylene Dichloride market.
•        To identify and profile major companies operating in India Ethylene Dichloride market.
•        To identify major news, deals and expansion plans in India Ethylene Dichloride market.
 
 
Report Scope:
 
In this report, India Ethylene Dichloride market has been segmented into following categories:
 
 
Major players operating in India Ethylene Dichloride market include Reliance Industries, Finolex Industries, Chemplast Sanmar Limited and DCM Shriram Consolidated Ltd. While some major global players are Formosa Plastics, Qilu Petrochemicals, LG Chem, Shanghai Chlor-Alkali Chemicals, PT Asahimas Chemical, Saudi Aramco, Qapco, Oxy Vinyl, Westlake Chemicals, etc.
 
 
The rapid burgeoning population along with industrialization in the country has paved the way for the Ethylene Dichloride market to flourish in the domestic market. The increase in the frequency of applications in the end-user industries has coupled the demand for the product in the domestic market. Since the price of the raw material witnessed a dip, therefore the rate of Ethylene Dichloride faced a slump of 2.5 per cent in the fourth quarter of 2019.
 
To extract data for India Ethylene Dichloride market, primary research surveys were conducted with Ethylene Dichloride manufacturers, suppliers, distributors, wholesalers and end users. While interviewing, the respondents were also inquired about their competitors. Through this technique, ChemAnalyst was able to include manufacturers that could not be identified due to the limitations of secondary research. Moreover, ChemAnalyst analyzed various end user segments and projected a positive outlook for India Ethylene Dichloride market over the coming years.
 
ChemAnalyst calculated Ethylene Dichloride demand in India by analyzing the historical data and demand forecast was carried out considering Ethylene and HCl prices. ChemAnalyst 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 ChemAnalyst.
 
 
Key Target Audience:
 
•      Ethylene Dichloride manufacturers, suppliers and other stakeholders
•      Organizations, forums and alliances related to Ethylene Dichloride distribution
•      Government bodies such as regulating authorities and policy makers
•      Market research and consulting firms
 
The study is useful in providing answers to several critical questions that are important for industry stakeholders, such as Ethylene Dichloride manufacturers, distributors and policy makers. The report also provides useful insights about which market segments should be targeted over the coming years to strategize investments and capitalize on growth opportunities.
 
Available Customizations:
 
With the given market data, ChemAnalyst offers customizations according to a company’s specific needs.
 
In case you can’t find what, you are looking for then please get in touch with our custom research

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