Global Vinyl Chloride Monomer (VCM) Market 2024-2028
The vinyl chloride monomer (VCM) market is forecasted to grow by USD 12.25 bn during 2023-2028, accelerating at a CAGR of 3.69% during the forecast period. The report on the vinyl chloride monomer (VCM) market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by growth in the building and construction industry, better recyclability properties of PVC, and rising demand for VCM from the healthcare sector.
Technavio's vinyl chloride monomer (VCM) market is segmented as below:
By Application
By End-user
- Building and construction
- Electrical and electronics
- Healthcare
- Others
By Geographical Landscape
- APAC
- North America
- Europe
- South America
- Middle East and Africa
This study identifies the growing demand for lightweight materials as one of the prime reasons driving the vinyl chloride monomer (VCM) market growth during the next few years. Also, advancements and R&D in the VCM and rising demand for biobased VCM will lead to sizable demand in the market.
The report on the vinyl chloride monomer (VCM) market covers the following areas:
- Vinyl chloride monomer (VCM) market sizing
- Vinyl chloride monomer (VCM) market forecast
- Vinyl chloride monomer (VCM) market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading vinyl chloride monomer (VCM) market vendors include AGC Inc., Braskem SA, Egyptian Petrochemicals Co., Ercros SA, Formosa Plastics Corp., Hanwha Corp., INEOS Group Holdings SA, Kaneka Corp., KURARAY Co. Ltd., Occidental Petroleum Corp., Olin Corp., Reliance Industries Ltd., Shin Etsu Chemical Co. Ltd., SP Chemicals Pte Ltd., Tokuyama Corp., Vizag Chemical International, Vynova Beek BV, Wacker Chemie AG, Westlake Corp., and Zhengzhou Meiya Chemical Products Co. Ltd.. Also, the vinyl chloride monomer (VCM) market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.