VINYL CHLORIDE MONOMER (VCM) MARKET SIZE, SHARE, TRENDS, DEMAND, GROWTH AND COMPETITIVE OUTLOOK

Vinyl Chloride Monomer (VCM) Market Size, Share, Trends, Demand, Growth and Competitive Outlook

Vinyl Chloride Monomer (VCM) Market Size, Share, Trends, Demand, Growth and Competitive Outlook

Blog Article

Global Vinyl Chloride Monomer (VCM) Market - Industry Trends and Forecast to 2029

Global Vinyl Chloride Monomer (VCM) Market, By Raw Material (Ethylene, Chlorine, Oxygen, Others), Application (PVC and Copolymer Resins), End User (Building and Construction, Healthcare, Agriculture, Electrical and Electronics, Others) – Industry Trends and Forecast to 2029.

Global Vinyl Chloride Monomer (VCM) Market was valued at USD 14.22 billion in 2021 and is expected to reach USD 23.27 billion by 2029, registering a CAGR of 6.35% during the forecast period of 2022-2029. Ethylene is expected to witness significant growth in the raw material segments of the market owing to the growing production of the product through the thermal cracking of ethylene dichloride.

Access Full 350 Pages PDF Report @

https://www.databridgemarketresearch.com/reports/global-vinyl-chloride-monomer-vcm-market

**Segments**

- **Application**:
- Pipes & fittings
- Films & sheets
- Wires & cables
- Flooring & wall coverings
- Automotive parts

- **End-Use Industry**:
- Construction
- Automotive
- Packaging
- Electrical
- Healthcare

- **Region**:
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East and Africa

Vinyl Chloride Monomer (VCM) is a key building block in the production of polyvinyl chloride (PVC). The global market for VCM can be segmented based on application, end-use industry, and region. In terms of application, VCM finds extensive usage in pipes & fittings, films & sheets, wires & cables, flooring & wall coverings, and automotive parts. The construction industry is a major consumer of VCM for pipes and fittings, while the automotive sector utilizes VCM for manufacturing automotive parts. The packaging industry relies on VCM for films and sheets, while the electrical industry uses it for wires and cables. Healthcare applications also drive the demand for VCM in products such as medical tubes and containers. When considering the end-use industries, apart from construction and automotive, packaging, electrical, and healthcare sectors play significant roles in fueling the growth of the VCM market. Geographically, the market is segmented into North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa.

**Market Players**

- **Dow Inc.**
- **Formosa Plastics Corporation**
- **INEOS**
- **Shin-Etsu Chemical Co., Ltd.**
- **LG Chem**
- **Westlake Chemical Corporation**
- **Occidental Petroleum Corporation**
- **Axiall Corporation**
- **Georgia Gulf Corporation**
- **KEM ONE**
- **Mexichem**
- **Vinnolit GmbH & Co. KG**
The global vinyl chloride monomer (VCM) market is highly competitive and is dominated by key players such as Dow Inc., Formosa Plastics Corporation, INEOS, Shin-Etsu Chemical Co., Ltd., LG Chem, Westlake Chemical Corporation, Occidental Petroleum Corporation, Axiall Corporation, Georgia Gulf Corporation, KEM ONE, Mexichem, and Vinnolit GmbH & Co. KG. These companies are strategically focused on expanding their market presence through various growth strategies such as mergers and acquisitions, partnerships, collaborations, and product innovations. For instance, Dow Inc. has been actively involved in research and development activities to introduce new and innovative VCM-based products to cater to the growing demand across different end-use industries.

Formosa Plastics Corporation, on the other hand, has a strong focus on increasing its production capacity to meet the escalating demand for VCM, particularly in regions like Asia Pacific and Latin America where the construction and automotive sectors are witnessing rapid growth. INEOS is known for its robust distribution network and strong customer base, enabling the company to maintain a stable position in the VCM market. Shin-Etsu Chemical Co., Ltd. has been investing in sustainable practices and eco-friendly VCM production processes to align with the growing environmental concerns and regulations.

LG Chem has been emphasizing technological advancements to enhance the quality and performance of VCM products, targeting sectors like healthcare and electrical industries. Westlake Chemical Corporation has a diversified product portfolio catering to a wide range of applications in the VCM market. Occidental Petroleum Corporation focuses on market expansion in regions like the Middle East and Africa, leveraging its strong supply chain capabilities.

Axiall Corporation and Georgia Gulf Corporation have been focusing on product differentiation and market positioning strategies to stay ahead in the competitive landscape. KEM ONE is known for its strong research capabilities and strategic collaborations with key stakeholders in the VCM market. Mexichem is expanding its market reach through strategic partnerships with distributors and retailers globally. Vinnolit GmbH**Segments**

**Market Players**

The global vinyl chloride monomer (VCM) market features key players such as Dow Inc., Formosa Plastics Corporation, INEOS, Shin-Etsu Chemical Co., Ltd., LG Chem, Westlake Chemical Corporation, Occidental Petroleum Corporation, Axiall Corporation, Georgia Gulf Corporation, KEM ONE, Mexichem, and Vinnolit GmbH & Co. KG. These companies are actively engaged in strategies such as mergers, acquisitions, partnerships, and product innovations to strengthen their market presence. For instance, Dow Inc. is focusing on R&D to introduce innovative VCM-based products for various end-use industries. Formosa Plastics Corporation is expanding its production capacity in growth regions like Asia Pacific and Latin America. INEOS leverages its distribution network for market stability, while Shin-Etsu Chemical Co., Ltd. invests in eco-friendly production processes. LG Chem emphasizes technological advancements for quality products, and Westlake Chemical Corporation has a diverse portfolio. Occidental Petroleum Corporation targets market expansion in the Middle East and Africa, Axiall Corporation and Georgia Gulf Corporation focus on product differentiation, KEM ONE collaborates strategically, Mexichem expands through partnerships, and Vinnolit GmbH innovates in the market.

**Global Vinyl Chloride Monomer (VCM) Market Analysis**

The global vinyl chloride monomer (VCM) market is witnessing steady growth, driven by extensive applications in various industries such as construction, automotive, packaging,

 

Key points covered in the report: -


  • The pivotal aspect considered in the global Vinyl Chloride Monomer (VCM) Market report consists of the major competitors functioning in the global market.

  • The report includes profiles of companies with prominent positions in the global market.

  • The sales, corporate strategies and technical capabilities of key manufacturers are also mentioned in the report.

  • The driving factors for the growth of the global Vinyl Chloride Monomer (VCM) Market are thoroughly explained along with in-depth descriptions of the industry end users.

  • The report also elucidates important application segments of the global market to readers/users.

  • This report performs a SWOT analysis of the market. In the final section, the report recalls the sentiments and perspectives of industry-prepared and trained experts.

  • The experts also evaluate the export/import policies that might propel the growth of the Global Vinyl Chloride Monomer (VCM) Market.

  • The Global Vinyl Chloride Monomer (VCM) Market report provides valuable information for policymakers, investors, stakeholders, service providers, producers, suppliers, and organizations operating in the industry and looking to purchase this research document.


Table of Content:

Part 01: Executive Summary

Part 02: Scope of the Report

Part 03: Global Vinyl Chloride Monomer (VCM) Market Landscape

Part 04: Global Vinyl Chloride Monomer (VCM) Market Sizing

Part 05: Global Vinyl Chloride Monomer (VCM) Market Segmentation by Product

Part 06: Five Forces Analysis

Part 07: Customer Landscape

Part 08: Geographic Landscape

Part 09: Decision Framework

Part 10: Drivers and Challenges

Part 11: Market Trends

Part 12: Vendor Landscape

Part 13: Vendor Analysis

The investment made in the study would provide you access to information such as:

  • Vinyl Chloride Monomer (VCM) Market [Global – Broken-down into regions]

  • Regional level split [North America, Europe, Asia Pacific, South America, Middle East & Africa]

  • Country-wise Market Size Split [of important countries with major market share]

  • Market Share and Revenue/Sales by leading players

  • Market Trends – Emerging Technologies/products/start-ups, PESTEL Analysis, SWOT Analysis, Porter’s Five Forces, etc.

  • Market Size

  • Market Size by application/industry verticals

  • Market Projections/Forecast


Browse Trending Reports:

Construction Robot Market
Contract Manufacturing Market
Form Fill Seal Machines Market
Periodontal Disease Treatment Market
Rubella Treatment Market
Aluminum Foil Market
Protein Beverages Market
Lyophilized Powder Market
Cpap Market
Alpha Olefin Market
Oligometastasis Treatment Market
Per Diem Nurse Staffing Market
Disposable Spo10 Sensor Market
Detergent Alcohol Market
Personal Emergency Response System Market
Digital Signage In Healthcare Market
Quinolones Market
Swine Feed Market
Semiconductor Process Control Equipment Market
Bopet Packaging Films Market
Hacksaw Blades Market
Healthcare Interoperability Solutions Market
Leavening Agents Market
Phospholipase Enzyme Market
Windsurfing Equipment Market
Influenza Testing Market
Requirements Management Solutions Market
Flexible Insulation Market


About Data Bridge Market Research:

Data Bridge set forth itself as an unconventional and neoteric Market research and consulting firm with unparalleled level of resilience and integrated approaches. We are determined to unearth the best market opportunities and foster efficient information for your business to thrive in the market. Data Bridge endeavors to provide appropriate solutions to the complex business challenges and initiates an effortless decision-making process.

Contact Us:

Data Bridge Market Research

US: +1 614 591 3140

UK: +44 845 154 9652

APAC : +653 1251 975

Email: [email protected]"

Report this page