Covid-19 Impact
Click here for an extensive analysis of the COVID-19 impact on the Vinyl Chloride Monomer VCM Market .

Vinyl Chloride Monomer (VCM) Market by Application (Polyvinyl chloride (PVC) and Other Applications) and Region – Analysis & Forecast 2019-2030

Report ID : 50  |  Published Date : Apr 2020  |  Pages : 150  |  Region : Global  |  Report Code : -1

  Request Free Sample  Data Pack/Excel – $1500


     

Vinyl Chloride Monomer (VCM) Market Overview and Introduction

Vinyl chloride monomer (VCM) market in terms of volume was over 52 million tons and is anticipated to grow at a CAGR of 6.3% from 2019 to 2030.

Vinyl Chloride Monomer (VCM) is highly flammable and colorless compound. Commercially it is made by combining feedstock with elemental chlorine. It is one of the widely used chemical. It is mainly used in the production of polyvinyl chloride (PVC). The remaining is used in chlorinated solvents and polyvinylidene chloride. VCM is used in various end-use industries such as construction, agricultural, healthcare and electrical.

Rising demand from construction industry is the major factor accelerating the market growth.  VCM is majorly used in the production of polyvinyl chloride (PVC), which is used in the construction industry. The overall market for construction industry is anticipated to grow over US$ 15 trillion by 2030.  Increase in demand from healthcare and piping industry is another factor propelling the market growth. Volatility in the prices of raw materials is the major factor inhibiting the market growth. Moreover, growing environmental concerns is another factor hindering the market growth. However, commercialization of bio-based VCM, made from bio-based feedstock is projected to offer huge traction towards the market growth over the forecast period of 2019-2030.

Vinyl Chloride Monomer (VCM) Market by Application 

The market is segmented into PVC and other applications. In 2018, PVC accounted for more than 85% share of the market in terms of value and volume. It is anticipated, that PVC will maintain its dominance over the forecast period of 2019-2030. Thus, VCM follows the market trends of PVC very closely.

Vinyl Chloride Monomer (VCM) Market by Regions 

In 2018, more than half of the market share was accounted by Asia Pacific region and this trend is anticipated to be the same over the forecast period. In 2018, China was the leading producer and consumer of VCM. India is another major country contributing towards the growth of VCM in Asia Pacific region. Huge demand is projected from these countries owing to rise in infrastructural development. In the same year, North America accounted for the second largest share of the market. After China, the US is the second largest consumer of VCM. The boom of shale gas in North America is providing the advantage of cheap feedstock to the VCM manufacturers.  Therefore, North America is one of the lowest-cost VCM producers.

Vinyl Chloride Monomer (VCM) Market Prominent Players

The VCM market owing to its highly fragmented nature; is extremely competitive. Companies such as Formosa Plastics, the Dow Chemical Company, Occidental Petroleum and Axiall are some of the key players present in this market. To enhance their position and strengthen their market presence companies are shifting their focus towards the development of bio-based VCM. Other strategies adopted by market players are mergers and acquisition and technological development to minimize the cost and risk. Some of the other players present in this market are Nova Chemical, Bayer, Solvay, Sasol and Chemson Group among others.

Table of Contents

  1. INTRODUCTION
    1. Market Definition
    2. Market Ecosystem
      1.   Market Classification
      2.   Geographic Scope
      3.   Years Considered for the Study
        1. Historical Years – 2016 & 2017
        2. Base Year – 2018
        3. Forecasted Years – 2019 to 2030
    3. Currency Used for the Study
  2. RESEARCH METHODOLOGY
    1. Research Framework
    2. Data Collection Technique
    3. Data Sources
      1.  Secondary Sources
      2. Primary Sources
    4. Market Estimation Methodology
      1.   Bottoms Up Approach
      2.   Top Down Approach
    5. Data Validation and Triangulation
      1.   Market Forecasting Model
      2.   Limitations/Assumptions of the Study
  3. ABSTRACT OF THE STUDY
  4. MARKET DYNAMICS ASSESMENT
    1. Overview
    2. Impact Analysis
    3. Drivers
    4. Barriers/Challenges
    5. Opportunities
  5. UNIQUE SELLING PROPOSITIONS (USPs)
    1. Winning Imperatives (Top Success Factors Assessment)
    2. Investment Assessment 
  6. Global Market – Analysis & Forecast, By Application (Volume & Value Assessment)
    1. Production of Polyvinyl chloride (PVC)
    2. Adhesive
    3. Others
  7. Global Vinyl chloride monomer (VCM) Market – Analysis & Forecast, By Region (Volume & Value Assessment)
    1.  North America Vinyl chloride monomer (VCM) Market
      1. North America (VCM) Market Analysis & Forecast, By Application
      2.  North America Market, By Country
        1. US
          1. US Market Analysis & Forecast, By Application
        2. Canada
          1. Canada Market Analysis & Forecast, By Application
    2. Europe Vinyl chloride monomer (VCM) Market
      1. Europe VCM Market Analysis & Forecast, By Application
      2.  Europe Market, By Country
        1. France
          1. France Market Analysis & Forecast, By Application
        2. Germany
          1. Germany Market Analysis & Forecast, By Application
        3. UK
          1. UK Market Analysis & Forecast, By Application
        4. Italy
          1. Italy Vinyl chloride monomer (VCM) Market Analysis & Forecast, By Application
        5. Rest of Europe
          1. Italy Market Analysis & Forecast, By Application
    3. Asia Pacific Vinyl chloride monomer (VCM) Market
      1. Asia Pacific  VCM Market Analysis & Forecast, By Application
      2. Asia Pacific Market, By Country
        1. China
          1. China Market Analysis & Forecast, By Application
        2. India
          1. IndiaMarket Analysis & Forecast, By Application
        3. South Korea
          1. South Korea Market Analysis & Forecast, By Application
        4. Japan
          1. Japan Market Analysis & Forecast, By Application
        5. Rest of Asia Pacific
          1. ItalyMarket Analysis & Forecast, By Application
    4. Rest of the World (ROW) Vinyl chloride monomer (VCM) Market
      1. ROW Market Analysis & Forecast, By Application
      2. ROW Market, By Country/Regions
        1. Latin America
          1. Latin America Market Analysis & Forecast, By Application
        2. Middle East
          1. Middle East Market Analysis & Forecast, By Application
        3. Africa
          1. Africa Market Analysis & Forecast, By Application
  8. COMPETETIVE LANDSCAPE
    1. Market Share Analysis (2018)
    2. Key Strategies Assessment
      1. Agreement, Partnership & Collaboration
      2. Expansion
      3. Merger & Acquisition
      4. Product Development, Product Launch and Product Deployment
  9. COMPANY PROFILES (Business Overview, Products/Services Offered, Financial Performance, R&D Intensity, Marketing & Sales Intensity, Recent Developments, Analyst Corner)*
    1. Occidental Petroleum Corporation
    2. Dow
    3. Formosa Plastics Corporation
    4. AGC Chemicals
    5. Vynova Group
    6. Westlake Chemical Corporation
    7. Solvay
    8. Sasol
    9. DuPont
    10. SP Chemicals Holdings Ltd. (*Financial details might not be captured in case of privately-held companies or for companies that do not report this information in public domain)
  10. APPENDIX
    1. Questionnaire
    2. Primary Interviews Transcripts
    3. Customization Options
    4. Profile of the Author