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 2019  |  Pages : 150  |  Region : Global  |  Report Code : CM-1


Vinyl Chloride Monomer (VCM) Market Overview and Introduction

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. Pricing Assessment
    2. Trade Scenario
    3. Winning Imperatives (Top Success Factors Assessment)
  6. Global Vinyl chloride monomer (VCM) Market - Analysis & Forecast, By Application (Volume & Value Assessment)
    1. Polyvinyl chloride (PVC)
    2. Others (polyvinylidene chloride and chlorinated solvents)
  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 Vinyl chloride monomer (VCM) Market Analysis & Forecast, By Application
      2.  North America Vinyl chloride monomer (VCM) Market, By Country
        1. US
          1. US Vinyl chloride monomer (VCM) Market Analysis & Forecast, By Application
        2. Canada
          1. Canada Vinyl chloride monomer (VCM) Market Analysis & Forecast, By Application
    2. Europe Vinyl chloride monomer (VCM) Market
      1. Europe Vinyl chloride monomer (VCM) Market Analysis & Forecast, By Application
      2.  Europe Vinyl chloride monomer (VCM) Market, By Country
        1. France
          1. France Vinyl chloride monomer (VCM) Market Analysis & Forecast, By Application
        2. Germany
          1. Germany Vinyl chloride monomer (VCM) Market Analysis & Forecast, By Application
        3. UK
          1. UK Vinyl chloride monomer (VCM) Market Analysis & Forecast, By Application
        4. Italy
          1. Italy Vinyl chloride monomer (VCM) Market Analysis & Forecast, By Application
        5. Rest of Europe
          1. Italy Vinyl chloride monomer (VCM) Market Analysis & Forecast, By Application
    3. Asia Pacific Vinyl chloride monomer (VCM) Market
      1. Asia Pacific Vinyl chloride monomer (VCM) Market Analysis & Forecast, By Application
      2. Asia Pacific  Vinyl chloride monomer (VCM) Market, By Country
        1. China
          1. China Vinyl chloride monomer (VCM) Market Analysis & Forecast, By Application
        2. India
          1. India Vinyl chloride monomer (VCM) Market Analysis & Forecast, By Application
        3. South Korea
          1. South Korea Vinyl chloride monomer (VCM) Market Analysis & Forecast, By Application
        4. Japan
          1. Japan Vinyl chloride monomer (VCM) Market Analysis & Forecast, By Application
        5. Rest of Asia Pacific
          1. Italy Vinyl chloride monomer (VCM) Market Analysis & Forecast, By Application
    4. Rest of the World (ROW) Vinyl chloride monomer (VCM) Market
      1. ROW Vinyl chloride monomer (VCM) Market Analysis & Forecast, By Application
      2. ROW Vinyl chloride monomer (VCM) Market, By Country/Regions
        1. Latin America
          1. Latin America Vinyl chloride monomer (VCM) Market Analysis & Forecast, By Application
        2. Middle East
          1. Middle East Vinyl chloride monomer (VCM) Market Analysis & Forecast, By Application
        3. Africa
          1. Africa Vinyl chloride monomer (VCM) 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. Dow Chemicals
    2. Formosa Plastics Group. 
    3. Axiall Denton Vacuum
    4. DuPont
    5. Georgia Gulf Corporation
    6. Bayer
    7. Chemson Group
    8. Solvay
    9. Sasol
    10. SP Chemicals (*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