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Steady demand for calcium acetate continues to arise from diverse quit-use industries along with meals & drinks, prescription drugs, textiles, agriculture and petroleum. International calcium acetate market is poised for modest boom at approximately 3% CAGR through the length of projection length (2022-2029). Moreover, manufacturers are targeted on assignment growth-orientated techniques for long-time period competitive ascendancy.

Use of Calcium Acetate as Phosphate-binder to power global Calcium Acetate market

Position of calcium acetate in treating hypophosphatemia has emerged as a important pharmaceutical application. Patients tormented by kidney diseases are given oral prescriptions of calcium acetate at the same time as they are on dialysis. Calcium acetate significantly reduces the threat of stroke or coronary heart ailment with the aid of removing hazardous construct-up of phosphate in the human frame.

Key Takeaways of Calcium Acetate Market Study

• Role of calcium acetate in food preservation is projected to facilitate the overall market growth through the forecast period.
• Soaring demand for calcium acetate in blood phosphate regulation during dialysis is bolstering the market.
• Accelerating R&D activities for diversifying end-use applications is contributing to calcium acetate market growth.
• Gains in calcium acetate market will be concentrated in Asia Pacific and North America.
• Availability of alternatives would hinder the growth of calcium acetate market in the foreseeable future.
• Consumers’ greater inclination towards chemical-free products will stagnate the demand for calcium acetate through 2029.

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Europe Captures 31.2% Revenue Share in Global Calcium Acetate Market

Owing to established end-use industries of calcium acetate, Europe will continue to capture majority share through the forecast period. Higher income levels of consumers also contribute significantly to overall regional market growth. Leading manufacturers in this region continue to promote R&D activities for diversifying the applications.

Asia Pacific presents remunerative opportunities for calcium acetate manufacturers. Both in terms of consumption and production, Asia Pacific is a crucial market. Moreover, burgeoning end-use industries continue to supplement the regional market growth. Hence, Asia Pacific will account for substantial market share through 2029.

Leading Players Undertake Expansion Activities to Solidify their Place in Global Market

The global calcium acetate market is a fairly consolidated landscape. Major players profiled in this FMI study include, but are not limited to, Merck Millipore, Alemark, GFS Chemicals, Allan Chemical Corp., Richman Chemical, AVA Chemical PVT. LTD., Avantor Performance Materials, and Hawaii Chemicals & Scientific. Capacity and geographic expansion will be the key strategic focus of market leaders.

Prominent companies must channel their efforts towards broadening the applications they cater to. This move would fortify their position in developed regional markets such as Europe. Moreover, to expand foothold in emerging countries, they must opt for capacity expansion strategy.

More about the Report

FMI’s study offers an in-depth market forecast and analysis on the global calcium acetate market. The major categories encompassed by the report include function (texturizer, thickener, firming agent, and stabilizer), application (pet food, agriculture, food & beverages, and pharmaceuticals) across five regions (Asia Pacific, Middle East & Africa, Europe, Latin America and North America).

Calcium Acetate Industry Leaders to Focus their Efforts on Capacity Expansion through 2029

Key players in the consolidated calcium acetate market include, Alemark, Merck Millipore, GFS Chemicals, Richman Chemical, Allan Chemical Corp., Avantor Performance Materials, AVA Chemical PVT. LTD., and Hawaii Chemicals & Scientific. Leading players are leveraging economies of scale for sustained competitive advantage.

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Calcium Acetate Market: Segmentation

The global calcium acetate market is segmented in detail to cover every aspect of the market and present a complete market intelligence approach to readers.

Function

• Texturizer
• Stabilizer
• Thickener
• Firming Agent

Application

• Pharmaceuticals
• Agriculture
• Food and Beverages
• Pet Food

Table of Content

1. Executive Summary

1.1. Global Market Outlook

1.2. Demand Side Trends

1.3. Supply Side Trends

1.4. Analysis and Recommendations

2. Market Overview

2.1. Market Coverage / Taxonomy

2.2. Market Definition / Scope / Limitations

3. Key Market Trends

3.1. Key Trends Impacting the Market

3.2. Function Innovation / Development Trends

4. Key Success Factors

To be continued…!

About FMI

Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

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Demand for the plant-based energy drink will witness steady recovery because these energy drinks contain calcium, which aids in bone health and make them strong. Thus, its nutritional content will surge its market in the coming years.

What is Driving the Demand for a Plant-Based Energy Drink?

The demand for plant-based energy drinks is expected to be driven by a rise in people’s understanding of fitness and an increasing number of health-conscious consumers. Consumers are started following different diets, such as keto and vegan, and physical training, such as gyms, to improve their health.

This change is mostly due to an increase in sedentary occupations and busy lifestyles. Also, the consumption of plant-based energy drinks improves the nutritional balance of the body.

Plant-based energy drinks can help the immune system and combat diseases like obesity, diabetes, heart failure and cardiovascular disease. Consumers are increasingly concerned about their wellbeing and nutritional standards, so they are opting for energy drinks that are high in nutrients, vitamins, and low in sugar and fat, which is expected to grow the demand for plant-based energy drinks.

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Key Factors which will Drive Sales of Plant-Based Energy Drink

Plant-based ingredients are the most natural source of nutrients and have many health benefits as opposed to synthetic or chemical-based ingredients. Thus, these factors will help in driving the sale of plant-based energy drink.

Also, plants have become a more common source of protein, manufacturers have been urged to create protein-rich, healthier plant-based energy drinks, which is expected to propel the plant-based energy drink market forward. The use of plant-based and herbal ingredients in energy drinks is fueling the market’s growth.

The consumption of energy drinks has increased dramatically among the young generation, but the energy drinks currently available on the market contain caffeine, which has its own set of side effects, leading to an ongoing quest for caffeine substitutes and effective compounds to use in energy drinks.

Plant-based ingredients are used to substitute caffeine in energy drinks as flavouring and seasoning agents and this will help in increasing its sale in the coming years.

Manufacturers have been encouraged to produce gluten-free, high-fibre protein drinks as a result of technological advancements and the demand for natural and clean label products, which could help in boosting its sale across the globe.

The US and Canada Plant-Based Energy Drink Market Outlook

The high usage of energy drinks in the U.S and Canada, along with the country’s vast coffee culture and rise in awareness toward the benefits of consuming energy drinks has propelled the concept of energy shots into the mainstream, which is a major driver boosting plant-based energy drink market in the U.S and Canada.

Also, there is a rise in demand for a plant-based energy drink in the sports and fitness industry as it helps in building immunity and provides an energy to keep people energetic.

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Europe Demand Outlook of the Plant-Based Energy Drink

Increasing vegan popularity, rising demand for low fat and sugar content drinks and advancement in gym culture are likely to act as a major driver in Europe which may boost demand for the plant-based energy drink. The growing demand for drinks helping to increase metabolism rate, reducing cholesterol rate and maintaining healthy digestion, may also help in driving its demand in Europe.

Who are the Key Manufacturers of the Plant-Based Energy Drink

Some of the key market players involved in the plant-based energy drink market are

• Teariot
• PepsiCo
• Garden of life
• Vital Proteins Collagen Energy Shots
• Runa Energy Drink
• Red Bull
• Nature’s Plus
• Toro Matcha Sparkling Ginger drink
• Guayaki Yerba Mate
• MatchaBar Hustle Matcha Energy
• Monster Beverages
• Hansen Natural Corporation

Key market players are looking for new opportunities in the global beverage industry. Also, they are focusing on enhancing product quality through research, development and innovation, and providing beverage manufacturers with a diverse range of energy drinks.

A key market player like Teariot have introduced plant-based energy drink in various flavours to meet the demand of the consumers and providing them with a variety of flavours so they do not depend on a single flavour.

The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides an in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments.

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Frequently Asked Questions

• At what value did the plant-based energy drink market close in 2022?
• What was the last 4 years value CAGR for plant-based energy drink market value?
• What is the projected forecast CAGR for the plant-based energy drink industry from 2022-2032?
• According to FMI, what is the anticipated market value for plant-based energy drink 2032?

About FMI

Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

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Future Market Insights recently published a detailed report on global sales of and improvements in modern-day roofing materials, revealing that the global market value reached roughly 115 billion dollars in 2018. An exponential expansion in the number of residential and commercial structures, to accommodate an ever-increasing population, is primarily driving sales of roofing materials.

Manufacturers are increasingly focusing on materials with low environmental effect as the worldwide focus on sustainability of all aspects of an industry intensifies. Furthermore, increased awareness of the value of roof space and the potential of unique roofing materials for purposes other than keeping people warm and dry has influenced innovation tactics, according to the FMI report.

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Roofing Materials Market Study: Key Takeaways

• The global roofing materials market is projected to record CAGR of 4.2% during the forecast period (2019-2029).
• North America’s market, accounting for 46% of the total value, will continue to exhibit an impressive growth rate through 2029.
• High growth opportunities are expected in Asia Pacific, due to rapid expansion of construction industry in developing countries
• In 2018, total sales of roofing materials in India accounted for revenues worth over US$ 7.3 Bn.
• Asphalt shingles are projected to account for relatively high share, following restrictions on bitumen in developed markets.
• New installation of roofing materials will continue to influence growth strategies, while manufacturers are focusing on capitalizing on rapidly increasing retrofitting activities.
• High adoption in residential sector remains key growth influencer, while rising application in commercial setting is likely to result in increased market share.

“With Tesla launching the third version of its Solar Roof Tiles or textured glass shingles that could send electricity to the company’s home batteries, key players are hard pressed to increase their investments in greener and versatile roofing materials. Moreover, these players will need to show duality in their approach to stay ahead of the curve. In addition to sustainable offerings, manufacturers are required to ensure ease of installation and low maintenance costs,” says the FMI analyst.

Manufacturers Eyeing Lucrative Opportunities in Developing Markets

In recent years, a number of population in urban cities of Asian pacific countries have been increasing on a significant pace, thereby potentially raising the need for both residential and commercial buildings. This, in turn, is weighing on same scale as increasing demand for roofing materials.

In the view of growing labor concerns across the globe, market players are seeing developing countries from manufacturing perspective, where operation as well as labor costs are relatively low. Furthermore, in Middle East & Africa, demand for roofing materials is expected to grow strong going forward, owing to recent economic development in several countries.

Green Roofing with High Aesthetic Appeal: A Key to Gain Competitive Edge

In order to align with sustainability trends while maintaining an aesthetic appeal of their products, roofing companies and shingle manufacturers are increasingly entering into partnership with designers to offer consumer-centric products. Maintaining a long-term relationships with customers by offering better quality products and services also remain a key focus area of manufacturers.

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More About the Report

FMI’s study offer comprehensive analysis and forecast statistics of the roofing materials market. The study divulges compelling insights on the roofing materials market on the basis of installation (retrofitting and new installation), application (commercial and residential), and material (bitumen, plastic roofing, metal roofing, tile roofing, asphalt shingles, and others).

About Future Market Insights (FMI)

Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

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Demand for nitric acid market is increasing, as it is a component of many fertilizers. The global nitric acid market is set to witness a significant CAGR of 2.3% and is anticipated to reach a valuation of around USD 37.63 billion by 2032, up from 29.3 billion in 2021.

Fertilizers are used to boost agricultural output in order to meet the rising food demand from the growing population. Nitric acid demand from fertilizer producers is expected to increase, as is fertilizer usage in agrarian economies around the world.

The existence of international firms, which are constantly coming out with new products to gain a larger nitric acid market share, makes the global nitric acid market extremely competitive.

The government’s environmental regulations and efforts to reduce industrial waste are what are preventing the nitric acid market from expanding. The market was constrained by these nitric acid market trends, due to rising concerns over CO2 emissions from automobiles.

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However, it is projected that the growing usage of plastic in the medical industry would lead to a gradual stabilization of nitric acid market share. The growing need for PPE kits, which has increased plastics manufacturing, is driving the growth of the nitric acid market.

North America is anticipated to hold the largest global market share for nitric acid, which may be ascribed to the region’s consumers’ high disposable income and robust economic growth. Most of the demand for nitric acid comes from Eastern Europe, a region with significant growth potential.

Key Takeaways from Market Study

• The nitric acid market is expected to have a CAGR of 2.3% during the forecast period.
• The market is segmented based on application, wherein the fertilizer segment is anticipated to account for a significant global nitric acid market share of 80.07% in 2021.
• The European nitric acid market is anticipated to grow at the fastest rate, with a share of around 65.5% in 2021.
• North America is likely to dominate the nitric acid market during the forecast period.
• Asia Pacific is expected to witness a lucrative growth rate in the nitric acid market during the forecast period.
• Demand for nitric acid is high, since it is a component of many fertilizers, and discretionary income among consumers is rising.

Competitive Landscape

Businesses all across the world are focusing on process innovation and capacity development. Key market players claim that building large plants and increasing commercial output would improve the availability of nitric acid.

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Key Players

• BASF SE
• Dupont
• Nutrien Ltd.
• Omnia Holding Limited
• Apache Nitrogen Products Inc.
• CF Industry Holdings, Inc
• Thyssenkrupp AG
• Yara International ASA
• Rashtriya Chemical & Fertilizers Ltd.

Key segments

By Application:

• Fertilizers
• Nitrobenzene
• Adipic acid
• Toluene diisocyanate (TDI)
• Nitrochlorobenzene
• Others

Recent Developments: Product Launches and Collaboration

With a new long-term nitric acid supply contract signed in October 2020, LSB Industries, Inc. will supply 70 KT to 100 KT of nitric acid annually to a customer. This is an endeavor to improve profitability through targeted marketing and a different product mix.

• At the Indian nitric acid complex, Deepak Fertilizers and Petrochemicals began commercial production in April 2019. Around 149 KT of diluted nitric acid and 92 KT of concentrated nitric acid are annually produced by the new factory.

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Frequently Asked Questions

The market for modified milk ingredients is expected to develop at a 6.4% compound annual growth rate (CAGR) between 2022 and 2032, with revenues of US$1085.6 million in 2022 and US$1889.6 million in 2032.

Modified milk ingredients are substances derived from milk mostly obtained after undergoing the process of vaporization, fermentation, fat separation, or homogenization. Milk is a complex mixture of substances constituted mainly of milk sugar lactose and goblets of fat and proteins dissolved in water.

Milk has a limited shelf life and to counter this problem components of milk such as milk solids were separated ages ago, thereby introducing the concept of modified milk ingredients that showcased longer shelf life. This ultimately created a new range of milk-processing industries.

Some of the examples of modified milk ingredients are dried whole milk, skim milk, partially skim milk, skim milk powder, whey proteins, caseins, butter-oil, anhydrous butter-oil, cultured milk products, and milk protein concentrates. The main force driving the market is the convenience and low cost of operations offered by modified milk ingredients in the making of dairy products such as ice cream and cheese.

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While the use of modified milk ingredients would be found unappealing by the consumers that prefer fresh and natural foods, the products’ offering of health benefits and safe processing overpowers the latter. The global modified milk ingredients market is projected to register a CAGR 4% more than that of the global milk market over the forecast period.

Rising Cases of Milk Adulteration to Grow Preference for Modified Milk Ingredients and hence bolster the Market’s Growth

The demand for milk keeps on growing to the extent where it surpasses the supply. This is majorly due to the explosion of population and urbanization. In order to reap more profits and to cover up the expense generated due to natural calamities such as feed shortage, famine, and others, producers/farmers and vendors are tempted to adulterate the milk.

Fraudulent measures are implemented to augment the supply leading to adulteration of milk that can be harmful to both adults and children. Astonishingly, nearly 60% of the global milk produce is deemed to be adulterated with impurities ranging from water to chemical additives.

Several reports of adulteration in milk have been reported in recent past. The common chemical adulterants, which have been reported in milk, are sodium hydroxide, hydrogen peroxide, soap detergents, formalin, cane sugar, gelatine, starch, synthetic dyes, and Urea.

Modified milk ingredients are much safer compared to the whole milk as they are derived from genuine milk and undergo procedures that separate out the contaminants during the process. Adding to it, the modified milk ingredients market have a lot of certified brands to choose from, thereby allowing the consumers to partake good quality and safe dairy products.

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Global Modified Milk Ingredients: Key Players 

Some of the key players manufacturing modified milk ingredients are as follows – Nestle SA, Lactalis International, Danone S.A., Fonterra Co-operative Group, FrieslandCampina, Arla Foods, Dean Foods, Yili Group, China Mengniu Dairy Co., Ltd., and many others.

COVID-19 Impact 

The novel corona virus rather had a minimal impact on the modified milk ingredients market as compared to the huge losses suffered by the global milk industry. The modified milk ingredients fall under the FMCG category of conservable items and therefore, witnessed a sharp rise in sales figures during the pre-lockdown phase in the first quarter of 2020. End use products pertaining to infant food, dietary food, and bakery applications sustained the market’s functioning.

The modified milk ingredients market report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions.

By doing so, the research report serves as a repository of analysis and information for every facet of the modified milk ingredients market, including but not limited to: regional markets and segments.

Key Segments

Product Type:

• Calcium reduced Skim Milk
• Casein
• Caseinates
• Cultured Milk Products
• Milk Serum Products
• Ultra-filtered Milk
• Whey
• Whey Butter
• Whey Cream
• Others

Form:

• Liquid
• Concentrated
• Dry
• Frozen
• Reconstituted

Application:

• Food & Beverages
• Cosmetics and Personal Care
• Nutraceuticals
• Pharmaceuticals
• Others

Distribution Channel:

• B2B
  • HoReCa
  • End Use Industries
• B2C
  • Hypermarket/Supermarket
  • Convenience Store
  • Specialty Store
  • Online Retail
  • Others

About FMI

Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

Contact:

Future Market Insights Inc.

Christiana Corporate, 200 Continental Drive,

Suite 401, Newark, Delaware – 19713, USA

T: +1-845-579-5705

For Sales Enquiries: sales@futuremarketinsights.com

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The report provides comprehensive information on market trends, value (US$ Mn) and volume (‘000 Li), competition, recent developments and dynamics in Europe advanced aerospace coatings market for the duration between 2018 and 2028.

The Europe advanced aerospace coatings market was valuated at just-over US$ 390 million in 2018, which is anticipated to register the CAGR of 4.9% through 2028. Increasing demand for efficient and lightweight advanced aerospace coatings is expected to be a major factor driving the demand for advanced aerospace coatings in the Europe market during the forecast period.

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Rising Aircraft Production & Expanding Fleet Size Continues to Generate Sustained Demand for Advanced Aerospace Coatings in Europe
Europe’s increasing air passenger traffic has been leading to an increase in the demand for commercial aircraft. This, in turn, has been leading to an increase in the production of commercial aircraft. The growth of the advanced aerospace coatings market is directly dependent on the total aircraft production and the fleet size.

Rising production and sales of aircraft, particularly in developing countries within the region are anticipated to create noteworthy opportunities in Europe’s advanced aerospace coatings market. Increasing aircraft deliveries by leading manufacturers such as Airbus and Boeing are underpinning substantial additions to the existing aircraft fleet size of Europe.

Progressing Scenario within MRO Segment to Majorly Influence Europe’s Advanced Aerospace Coatings Market Growth

As the number of aircraft that are in service is increasingly constantly, the report prompts at the subsequent rise in demand for maintenance, repair, and overhaul (MRO) of various aircraft parts, components, and vital systems. This, according to FMI, will trigger the revenue growth of MRO sales channel within Europe’s advanced aerospace coatings market during the forecast period.

The MRO sales channel of commercial segment of the Europe advanced aerospace coatings market is projected to grow at a 5.9% value CAGR during the forecast period. Increasing fleet size of commercial as well as business aircraft and high demand for customized exteriors are some of the other factors driving the growth of the advanced aerospace coatings MRO sales channel.

Aftermarket Sales of Advanced Aerospace Coatings in Europe to Gain Uptick with Soaring Demand for Leased Aircraft

An aircraft, being one of the most expensive commodities, a number of small airline carriers prefer to lease from major players. While leasing of aircraft helps these airline carriers avoid high capital investments, they generally tend to renovate the entire aircraft before putting it into operation. The entire aircraft cabin is renovated according to specific requisites of respective airline carriers and their customer demands.

More often, a leased aircraft is coated with multiple paints and colors, highlighting the symbol and logo of particular airlines. According to the report, increasing rate of aircraft leasing will continue to push the growth of advanced aerospace coatings market in Europe.

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Rapid Sales of Advanced Aerospace Coatings Continue to Suffer from Relatively Gradual Growth of European Economies, Post Crisis

Post the financial crisis, economic growth has slowed down, as compared to the growth registered prior to the financial crisis. Wage growth has been weak and most of the industrial work has been outsourced to emerging economies, which has made industrial investment in developed economies weak. This, in turn, has been restraining the growth of the advanced aerospace coatings market.

Democratic uprisings, such as the Arab Spring, economic sanctions against Russia and the involvement of Ukraine in a proxy war, have pushed many countries into an economic turmoil. The market in these nations has been deteriorating exponentially and in recent times, these markets have been exhibiting a moderate growth scenario. Due to the economic crisis, the purchasing in these countries has come down drastically and subsequently, the demand for advanced aerospace coatings has suffered.

Advanced Aerospace Coatings Market – Competition Landscape

The Europe advanced aerospace coatings market is consolidated with the top two market players (Akzo Nobel and PPG Industries Inc.) accounting for double-digit market shares as of 2017. The top ten players in the Europe advanced aerospace coatings market are projected to collectively account for between a 50% and 60% market share.

In the recent past, the advanced aerospace coatings market has witnessed significant improvements from a competition perspective. Acquisitions, collaborations and expansion of production capacity are some of the key strategies being adopted by market players to expand and sustain in the Europe advanced aerospace coatings market.

• Praxair, Inc. and GE Aviation opened a new facility in the U.S. for their PG Technologies business that specializes in advanced coatings and enables jet engines to withstand high stress and temperatures
• PG Technologies Ltd. announced that it intends to add a new additional coating capacity in Singapore to meet the ever-increasing demand from the aviation industry
• Akzo Nobel opened a specialty coatings facility in Dongguan, China, primarily for the production of advanced aerospace coatings for South and North Asia aviation markets

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Europe Advanced Aerospace Coatings Market: Segmentation

By Product Type

• Primer
• Topcoat
• Solvent
• Ceramic Coatings

By Application

• Interior
• Exterior

By End Use

• Commercial
• General & Business
• Military

About Future Market Insights (FMI)

Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

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The global ethylene dichloride market is projected to reach a value of US$19.2 Bn by the end of 2022, exhibiting a moderate CAGR of 3.7% for the forecast period of 2022-2028. The market is expected to reach US$ 24.0 Bn by 2028. Rising application of ethylene dichloride in the production other chemicals and materials as well as in the manufacturing of industrial and consumer goods is expected to fuel the market growth.

Increasing demand for Polyvinyl Chloride (PVC) resins for different usages like the production of plastic and flooring materials is a primary growth driver for the ethylene dichloride market. This is owing to the application of ethylene dichloride in the production of PVC.

Furthermore, growing adoption of ethylene dichloride (EDC) as a lead scavenger in petrol will bode well for market demand over the forecast period. Rapid expansion of the oil and gas industry all over the world is expected to push manufacturers to concentrate more on the proliferation of their refinery capacities, which will foster market growth for ethylene dichloride.

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Additionally, elevated demand for production of chlorinated solvents and pesticides will likely boost market growth. Ethylene dichloride market is further positively influenced by certain demographic and macro-economic factors like development of textile and chemical industries, evolution of the mining sector and others.

Ethylene dichloride is also considered to be environmentally friendly as it is non-toxic for aquatic organisms and doesn’t accumulate in the aquatic food chain. With rising environmental consciousness, this is expected to propel market expansion for ethylene dichloride.

“An upsurge in the production of PVC along with the rising demand for petrol will likely augment sales in the global market over the forecast period,” says an FMI analyst.  

Key Takeaways:

• North America ethylene dichloride market will account for 36% of the total market share by the end of 2022
• Ethylene dichloride market in Europe will hold 21.2% of the total market share in 2022.
• Online shopping in the U.K. will indirectly fuel market growth over the forecast period.
• India is expected to account for 20.7% of the ethylene dichloride market share in South Asia.
• By application, usage of vinyl chloride monomer to make PVC will propel demand for ethylene chloride.
• On the basis of production process, oxy chlorination will gain popularity.

Competitive Landscape 

Olin Corporation, Occidental Chemical Corporation, Formosa Plastics Corporation, Tosoh Corporation, Vynova Group, SABIC, Westlake Chemical Corporation, Thyssenkrupp AG, PT Asahimas Chemical, Prochem, Inc., VESTOLIT GmbH, Tokyo Chemical Industry Co., Ltd, and others are some of the major organizations in the ethylene dichloride market that are profiled in the full version of the report.

As a highly fragmented global market, ethylene dichloride includes several small and large-scale market players. These organizations are eyeing market possibilities in countries with an abundance of raw materials as well as well-established manufacturing facilities such as countries in East Asia and North America. Market players are focusing on investing in R&D activities as well as on capacity expansion, acquisitions, mergers and product innovation to cater to emerging applications.

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More Insights into the Ethylene Dichloride Market Report

In its latest report, FMI offers an unbiased analysis of the global ethylene dichloride market, providing historical data from 2013 to 2021 and forecast statistics for the period 2022 to 2028. To understand the global market potential, growth, and range, the market is segmented based on production process (direct chlorination, oxy chlorination), applications (vinyl chloride monomer (VCM), ethylene amines, other solvents), and region. 

Regional Analysis

According to the latest reports by FMI, North America accounts for the major share of the global ethylene dichloride market, accounting for almost 36% of the overall market share in 2022. The regional market growth is propelled by the presence of multiple renowned ethylene dichloride manufacturers in the U.S. Several ethylene dichloride manufacturers are employing capacity expansion strategy which is expected to supplement the regional market growth.

The Europe ethylene dichloride market is anticipated to account for 21.2% of the total market share by the end of 2022. This is owing to the rapid development of the pharmaceutical and packaging industries in the U.K. Rising trend of online shopping coupled with the evolving food and beverage sector are likely to fuel the packaging sector in the U.K. This will increase the demand for plastic packaging which in turn will supplement ethylene dichloride market growth in the U.K.

Apart from these developed countries, ethylene dichloride market in India will witness an acceleration in demand. Owing to the swift rise in the demand for crude oil and favourable government initiatives, the regional ethylene dichloride market will register significant growth. Thus, the South Asia ethylene dichloride market is expected to account for nearly 20.7% of the total market share.

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Segmentation Analysis

According to the latest study by FMI, by application, the vinyl chloride monomer (VCM) segment is predicted to dominate the global ethylene dichloride market. The rising conversion of VCM to polymeric PVC since the former is considered to be hazardous for human health is responsible for the growth witnessed by this segment.

Based on the production process, oxy chlorination is evaluated as the leading segment in the global ethylene dichloride market. This production process is gaining massive traction across the world due to the urgent need to lower harmful emissions from the production of polyethylene dichloride.

Unlike the traditional direct chlorination production process, oxy chlorination uses hydrogen chloride in combination with oxygen. The relatively low cost of hydrogen chloride, as compared to chlorine, is predicted to make oxy chlorination the most preferred production process.

Ethylene Dichloride Market By Category

Application:

• Vinyl Chloride Monomer (VCM)
• Ethylene Amines
• Other Solvents

Production Process:

• Direct Chlorination
• Oxy Chlorination

Region:

• North America
• Latin America
• Europe
• South Asia
• East Asia
• MEA

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