Top 4 Companies Fuelling the Growth of the Global Dichloroethane Market

Vynova Group, Evonik Industries AG, Ridhdhi Sidhdhi Chemicals, and Occidental Chemical Corporation among others, are the major players in the global dichloroethane market.

The global dichloroethane market is supported by the growth of the United States dichloroethane market, which is expected to grow at a CAGR of 2% in the forecast period of 2023-2028. As per the analysis by Expert Market Research, the market is expected to be driven by the extensive end-use applications of dichloroethane.

There is a growing usage of dichloroethane in the synthesis of organic compounds. The chemical is also used as a solvent in closed systems during extraction and cleaning processes. Moreover, dichloroethane is extensively used in the manufacturing of vinyl chloride. The rising demand for the chemical in lube oils, corrosion inhibitors, and surfactants, among others, is further propelling the market growth of dichloroethane.  

With the surging applications of vinyl chloride in polyvinyl chloride (PVC) and plastic manufacturing, the market for dichloroethane is growing. The rising use of vinyl chloride in the manufacturing of wall covering, automotive components, housewares, and automobile upholstery, among others, is propelling the market growth of dichloroethane.

Dichloromethane is used as a solvent in liquid-solid extraction processes. It also acts as a plastic and rubber dispersant and a wetting and penetrating agent in various applications. As the chemical can be recycled and reused, its utilisation is significantly increasing. Furthermore, the market growth can be attributed to the increasing infrastructural development and construction activities.

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Top 4 Dichloroethane Companies in the World:

Vynova Group

Vynova Group is a prominent manufacturer of PVC resins and chlor-alkali products. Its solutions are used in the manufacturing of industrial and consumer goods products. It operates its production sites in 5 countries across the globe. It aims to provide sustainable solutions and reliably supply high-quality products in major end-use sectors. In July 2022, the company entered into a commercial agreement with Nicoll to utilise bio-attributed PVC in Nicoll’s HOMETECH® silent wastewater evacuation system.

Evonik Industries AG

Evonik Industries is a company that manufactures speciality chemical products. Its solutions are aimed at increasing the efficiency, sustainability, and quality of end products. The company has a vast presence in over 100 countries, and it aims to improve the lives of people. In November 2022, it partnered with various distributors for distributing high-performance polymers.

Ridhdhi Sidhdhi Chemicals

Ridhdhi Sidhdhi Chemicals is a company that manufactures, sells, and supplies various industrial chemical products. Its manufactured products are environmentally friendly and are aimed at meeting diverse customer requirements. Its products are manufactured in accordance with stringent regulations. The company manufactures and supplies pure quality chemicals, including toluene, acetone, tetrahydro furan, and xylene, among others.

Occidental Chemical Corporation

Occidental Chemical Corporation is a specialty chemicals company that specialises in the manufacturing of polyvinyl chloride resins, chlorine, and caustic soda. Its business solutions enable a company to economically grow its business and reduce greenhouse emissions. Through its innovative carbon management solutions, the company aims to advance the development of a lower-carbon world.