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| Vinylidene Chloride Market |
The
Vinylidene
Chloride is an organochloride which is commonly called
1,1-Dichloroethylene or 1,1 –DCE. It has a molecular formula of C2H2Cl2. It is
a colorless liquid with a pungent smell. It has varied applications in the
industry such as in original cling wrap for food, semiconductor device
fabrication, and formation of resins. The most common application is its usage
as a comonomer in polymerization of vinyl chloride, acrylates, and
acrylonitrile, which further used as a resin to produces adhesives, varnishes
and food glazing agents. The particular use of vinylidene chloride as a
polyvinylidene chloride makes it a favorable and demanding chemical in the
Paint industry. The polyvinylidene chloride is a barrier against aromas, water,
and oxygen, due to which it is a superior chemical resistant to alkalis and
acids. Its insolubility characteristic with oil and organic solvents make it an
impervious against bacteria, and insects. The aforementioned characteristics
are attributed to make it advantages in terms of good scratch & abrasion
resistance, gloss & printing characteristics, and transparency. Thus, it
has application is manufacturing sector as well in the production of pipes,
tubes, fittings, wires, cables, bottles, sheets, and films.
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Key
drivers that propel the market are growing industrial demand, varied
applications, increasing R&D spending, and growing awareness about its
benefits. Adhesion, flexibility, stain resistance, toxicity, corrosive
resistance and hardness are some of the characteristics of polyvinylidene
chloride that are expected to drive the market over the forecasted period
mainly due to the growing awareness. As mentioned earlier, its varied
applications such as resin, wrap for food and chemical in semiconductor
fabrication are projected to fuel the market growth by 2022. The main restraint
that may slightly put the growth rate at lower side is due to the harmful
effects on central nervous system, and dehydrochlorination at food processing
temperature making it less useful for food packaging agent.
On
the basis of end-user industry, the vinylidene chloride market is segmented
into pharmaceutical, food & beverage, agriculture, manufacturing,
construction, automotive, electronic, and cosmetic. In terms of volume, the
food & beverage segment accounted for the largest share of more than 40%,
while, the market share for pharmaceutical was estimated to be more than 25%.
In the forecasted period, the market is expected to grow largely by the demand
from pharmaceutical industry and from construction industry. The less growth is
expected from the food & beverage industry due to the increasing awareness
about its restraints in food packaging and growing substitutes such as EVOH
(Ethylene Vinyl Alcohol). Thus, the expected growth rate is less than 6% CAGR
by 2022, in terms of volume.
The
key players in the market are The Dow Chemical Company (U.S.), Kuraray Co., Ltd
(Japan), Solvay SA (Belgium), E.I. DuPont de Numerous and Co. (U.S.), , Kureha
Corporation (Japan), Ashahi Kasei Corporation (Japan), Chang Chun Petrochemical
Co., Ltd (Taiwan)Teijin Limited (Japan), INEOS (U.K.), Zhejiang Juhua Co., Ltd.
(China), Xinjiang Zhongtai Chemical Co. Ltd (China), Mexichem S.A.B. (Mexico),
AXIALL Corporation (U.S.), Vinnolit GmbH & Co. KG (Germany), Kem One
(France), and Solvay S.A. (Belgium).
Market Segment:
Geographically, this report is segmented
into several key Regions, with production, consumption, revenue (million USD),
market share and growth rate of Vinylidene Chloride in these regions, from 2013
to 2025 (forecast), covering
•
North America
•
Europe
•
China
•
Japan
•
Southeast Asia
•
India
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