The Vinyl Chloride Monomer Market size is estimated at 45.39 Million tons in 2024, and is expected to reach 54.88 Million tons by 2029, growing at a CAGR of 3.87% during the forecast period (2024-2029).
The COVID-19 pandemic negatively impacted the market. This was because of the shutdown of the manufacturing facilities and plants due to the lockdown and restrictions. Supply chain and transportation disruptions further created hindrances for the market. However, the industry witnessed a recovery in 2021, thus rebounding the demand for the market studied.
The Vinyl Chloride Monomer Market is partially fragmented in nature. The major players in this market (not in a particular order) include Occidental Petroleum Corporation, AGC Chemicals, Vynova Group, Olin Corporation, and Tosoh Corporation, among others.
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