Global 1,2-dichloroethylene Market demand is expected to witness a steady growth on account of its increasing usage in the manufacturing of propellants and blowing agents. Wide applications in the manufacturing of solvents for cleaning and degreasing is expected to drive the growth over the forecast period. 1,2-Dichloroethylene is an organic compound with a chemical formula C2H2Cl2.Dichloroethyleneis produced through controlled chlorination of acetylene. It is a colorless liquid with a sharp and a harsh odor. They are denser than water as well as insoluble in water.
Usage of dichloroethylene as a
chemical feedstock and a raw material is a major application driving the
overall demand. This compound is used in the manufacturing of cleaning agents.
These cleaning products are used for electronic cleaning and metal cleaning.
Further, this compound used in the manufacturing of propellants and has been
driving the market demand in recent years. Propellants are used to produce
energy to create movement of fluid or to generate propulsion. These propellants
are used in industries to project objects.
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Acetyl acetone use in the
manufacturing of blowing agents has been providing great opportunities for
overall industrial growth. There has been a significant demand for this
compound in China owing to the presence of polymer, plastic and metal
processing units. Government regulations and safety related to this organic
compound offers a major challenge for the overall industry growth. The GHS
categorizes this compound as harmful and flammable. Some of the category it
falls under are H225 and H332, which signifies highly flammable and harmful if
inhaled. Its inhalation nausea, vomiting and nervous depression. Therefore, it
is very necessary to handle these products with care.
Establishing safety equipment and
storage devices adds to the cost of production and therefore companies look for
economies of scale. There are significant threats for the vendors due to
backward integration by the end use industries. Market segmentation is done
based on applications, which include cleaning agents, industrial solvents, and
propellants, & blowing agents.
Industrial cleaning agents
account for maximum segment share owing to its high usage in the manufacturing
for metal cleaning and electrical cleaning. Segmentation demand is followed by
propellants and blowing agents on account of its use in plastic and polymer
processing. Its application as industrial solvent is expected to provide great
opportunities over the forecast period.
Asia Pacific has been the leading
market in recent years in terms of demand and is expected to continue its
increasing application in synthetic fiber manufacturing. China has shown
substantial dichloroethylene production and consumption for manufacturing of
cleaning agents. Emerging economies such as India and China are expected to
witness a significant growth on account of high investment in organic chemical
manufacturing.
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Further, regional demand is
followed by North America mainly on account of increasing use of propellants
and blowing agents. Sophisticated industrial practices have fuelled the demand
in developed economy such as the US. Europe is expected to show a steady growth
over the forecast period with increasing demand on account of industrial
solvent applications. South America and Africa is expected to witness a
stagnant growth owing to the slow growth of overall development of application
industries.
Major players operating in the
market are AkzoNobel, Dow Company and BASF. Other vendors operating in the
market are Enamine, Angene Chemicals, Chembase, ABI chem, Aurum Pharmatech and Tractus.
Companies are focussing on research and development in order to find out new
applications for dichloroethylene. This is expected to diversify the
application portfolio and therefore propelling the demand in near future.
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