EDC demand to grow further amid PVC production upgrade in China

The ethylene dichloride (EDC) industry relies largely on the total PVC demand as it contributes substantially to the EDC consumption expansion. The projected annual growth rate of the EDC market is expected to reach up to 3.5-4% in the coming 5 years. The key contributor to the EDC market rise up in the geographical terms is the rapidly expanding Chinese market as per Merchant Research & Consulting Ltd. Moreover with the shift of the key PVC producers here from the obsolete carbide route to the technologies requiring EDC the global EDC demand will reach further heights. The developed markets of North America and Europe however rest at a standstill.
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