Global EDC demand expected to grow at a 2.7% pa from 2009 to 2020

04-Feb-11
The global demand for EDC demand is expected to grow at a CAGR of 2.7% from 2009 to 2020 as per GBI Research. Global EDC demand in 2000 was 28.2 mln tons, from where it grew at a CAGR of 1.4% from 2000 to 2009. Global EDC demand in 2009 was 31.9 mln tons. Global EDC demand is expected to grow at a CAGR of 2.7% from 2009 to 2020. In 2009, Asia-Pacific had the largest demand of 12.6 mln tons and a share of 39.5%. North America had a demand 11 mln tons and a share of 34.5% followed by Europe with a Demand of 6.4 mln tons and a share of 20.0%. Middle East and Africa had a demand of 1 mln tons and a share of 3.1% followed by South and Central America with a demand of 0.9 mln tons and a share of 2.9%. EDC is an intermediate in the production of PVC from VCM. In 2009, around 95% of the globally produced EDC was used in the manufacturing of the VCM and in turn PVC. A similar trend is expected to continue until 2020 as there is a lack of diversification in the end use of EDC. EDC is also used to manufacture some chemical solvents but, with environmental controls getting tighter, the growth in this segment is slowing.
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