Vinyl Chloride Monomer Market Size, Share, and Outlook, 2025 Report- By Application (Polyvinyl chloride, Others), By End-User (Building and construction, Electrical and electronics, Healthcare, Others), 2018-2032

Vinyl Chloride Monomer Market Outlook

Vinyl Chloride Monomer Market Size is forecast to reach $90.6 Billion in 2032 from $66.8 Billion in 2025, at an optimistic growth rate of 4.4% from 2025 to 2032. The robust Vinyl Chloride Monomer Market growth presents potential growth opportunities for companies across the industry value chain.

The comprehensive market research report presents 12-year historic and forecast data on Vinyl Chloride Monomer Market segments across 22 countries from 2021 to 2032. Key segments in the report include By Application (Polyvinyl chloride, Others), By End-User (Building and construction, Electrical and electronics, Healthcare, Others). Over 70 tables and charts showcase findings from our latest survey report on Vinyl Chloride Monomer Markets.

Vinyl Chloride Monomer Market Insights, 2025: Vinyl Chloride Monomer (VCM) – Key Drivers and Opportunities

The vinyl chloride monomer (VCM) market is growing due to the increasing global demand for polyvinyl chloride (PVC), which is extensively used in construction, automotive, and medical applications. The rapid urbanization and infrastructure development in emerging economies such as India, China, and Brazil are driving the need for PVC pipes, window frames, and flooring, which in turn fuels VCM production. Major manufacturers like Westlake Chemical, Shin-Etsu Chemical, and Formosa Plastics are expanding their VCM production capacities to cater to rising PVC consumption. Additionally, the push for more sustainable PVC production is leading to innovations in bio-based VCM and recycling technologies. Opportunities exist in the integration of VCM production with carbon capture and utilization (CCU) technologies, reducing greenhouse gas emissions from ethylene-based processes. The growing demand for medical-grade PVC, particularly in the post-pandemic healthcare infrastructure expansion, is also opening new avenues for VCM suppliers. Furthermore, regulatory developments encouraging low-emission VCM manufacturing processes are driving research into advanced catalysts and energy-efficient cracking technologies, positioning the market for long-term sustainable growth.

Five Trends that will define global Vinyl Chloride Monomer Market in 2025 and Beyond

A closer look at the multi-million global market for Vinyl Chloride Monomer Market identifies rapidly shifting consumer preferences across categories. By focusing on growth and resilience, leading Vinyl Chloride Monomer Companies are prioritizing their investments across categories, markets, and geographies. The report analyses the most important market trends shaping the new landscape to support better decisions for the long and short-term future.

What are the biggest opportunities for growth in the Vinyl Chloride Monomer Industry?

The Vinyl Chloride Monomer Market sector demonstrated remarkable resilience over the past year across developed and developing economies. Further, the market presents significant opportunities to leverage the existing momentum towards actions by 2032. On the other hand, recent macroeconomic developments including rising inflation and supply chain disruptions are putting pressure on companies. The chapter assists users to identify growth avenues and address business challenges to make informed commercial decisions with unique insights, data forecasts, and in-depth market analyses.

Vinyl Chloride Monomer Market Segment Insights

The Vinyl Chloride Monomer Industry presents strong offers across categories. The analytical report offers forecasts of Vinyl Chloride Monomer Industry performance across segments and countries. Key segments in the industry include- By Application (Polyvinyl chloride, Others), By End-User (Building and construction, Electrical and electronics, Healthcare, Others). The largest types, applications, and sales channels, fastest growing segments, and the key factors driving each of the categories are included in the report.

Forecasts of each segment across five regions are provided from 2021 through 2032 for Asia Pacific, North America, Europe, South America, Middle East, and African regions. In addition, Vinyl Chloride Monomer Market size outlook is provided for 22 countries across these regions.

Vinyl Chloride Monomer Industry Value Chain

The chapter identifies potential companies and their operations across the global Vinyl Chloride Monomer Industry ecosystem. It assists decision-makers in evaluating global Vinyl Chloride Monomer Market fundamentals, market dynamics, and disruptive trends across the value chain segments.

Scenario Analysis and Forecasts

Strategic decision-making in the Vinyl Chloride Monomer Industry is multi-faceted with the increased need for planning across scenarios. The report provides forecasts across three case scenarios- low growth, reference case, and high growth cases.

Asia Pacific Vinyl Chloride Monomer Market Analysis- A Promising Growth Arena for Business Expansion

As companies increasingly expand across promising Asia Pacific markets with a combined population of over 4.5 billion, the medium-to-long-term future remains robust. The presence of the fastest-growing economies such as China, India, Thailand, Indonesia, and Vietnam coupled with strengthening middle-class populations and rising disposable incomes drive the market. In particular, China and India are witnessing rapid shifts in consumer purchasing behavior. China is recovering steadily with optimistic forecasts for 2025. Further, Japanese and South Korean markets remain stable with most companies focusing on new product launches and diversification of sales channels.

The State of Europe Vinyl Chloride Monomer Industry 2025- Focus on Accelerating Competitiveness

As companies opt for an integrated agenda for competitiveness, the year 2025 presents optimistic scenarios for companies across the ecosystem. With signs of economic recovery across markets, companies are increasing their investments. Europe is one of the largest markets for Vinyl Chloride Monomer Market with demand from both Western Europe and Eastern European regions increasing over the medium to long-term future. Increasing omnichannel shopping amidst robust consumer demand for value purchases shapes the market outlook. The report analyses the key Vinyl Chloride Monomer Market drivers and opportunities across Germany, France, the United Kingdom, Spain, Italy, Russia, and other Europe.

The US Vinyl Chloride Monomer Market Insights- Executives are most excited about opportunities for the US Vinyl Chloride Monomer Industry.

Easing inflation coupled with strengthening consumer sentiment is encouraging aggressive actions from the US Vinyl Chloride Monomer Companies. Market players consistently focusing on innovation and pursuing new ways to create value are set to excel in 2025. In addition, the Canadian and Mexican markets offer lucrative growth pockets for manufacturers and vendors. Focus on private-brand offerings and promotions, diversified sales channels, expansion into niche segments, adoption of advanced technologies, and sustainability are widely observed across the North American Vinyl Chloride Monomer Market.

Latin American Vinyl Chloride Monomer Market outlook rebounds in line with economic growth.

Underlying demand remains higher among urban consumers with an optimistic economic outlook across Brazil, Argentina, Chile, and other South and Central American countries. Increased consumer spending has been reported since H2-2024 and the prospects remain strong for 2025. Aggressive ecosystem moves to create new sources of income are widely observed across markets in the region. Marketing activities focused on customer insights, operations, and support functions are quickly gaining business growth in the region.

Middle East and Africa Vinyl Chloride Monomer Markets- New Opportunities for Companies Harnessing Diversity

Rapid growth in burgeoning urban locations coupled with a young and fast-growing population base is attracting new investments in the Middle East and African Vinyl Chloride Monomer Markets. Designing expansion and marketing strategies to cater to the local consumer base supports the market prospects. In addition to Nigeria, Algeria, South Africa, and other markets, steady growth markets in Ethiopia, Rwanda, Ghana, Tanzania, the Democratic Republic of Congo, and others present significant prospects for companies. On the other hand, Middle Eastern Vinyl Chloride Monomer Markets including the UAE, Saudi Arabia, Qatar, and Oman continue to offer lucrative pockets of growth.

Competitive Landscape- How Vinyl Chloride Monomer Companies outcompete in 2025 and Beyond?

The ability to respond quickly to evolving consumer preferences and adapt businesses to niche consumer segments remains a key growth factor. The report identifies the leading companies in the industry and provides their revenue for 2024. The market shares of each company are also included in the report. Further, business profiles, SWOT analysis, and financial analysis of each company are provided in detail. Key companies analyzed in the report include AGC Inc, Braskem SA, Egyptian Petrochemicals Co, Ercros SAFormosa 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, Zhengzhou Meiya Chemical Products Co. Ltd.

Vinyl Chloride Monomer Market Scope and Segmentation

By Application

Polyvinyl chloride

Others

By End-User

Building and construction

Electrical and electronics

Healthcare

Others

Countries Included-

North America- US, Canada, Mexico

Europe- Germany, France, UK, Spain, Italy, Benelux, Turkey, Russia, Rest of Europe

Asia Pacific- China, India, Japan, South Korea, South East Asia, Australia, Rest of APAC

South and Central America- Brazil, Argentina, Chile, Rest of SCA

Middle East and Africa- Saudi Arabia, the UAE, Israel, South Africa, Algeria, Nigeria, Rest of Middle East, Rest of Africa

Companies Included in the Vinyl Chloride Monomer Market Research-

AGC Inc

Braskem SA

Egyptian Petrochemicals Co

Ercros SAFormosa 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

Zhengzhou Meiya Chemical Products Co. Ltd.

Reasons to Buy the report

• Make informed decisions through long and short-term forecasts across 22 countries and segments.
• Evaluate market fundamentals, dynamics, and disrupting trends set to shape 2025 and beyond.
• Gain a clear understanding of the competitive landscape, with product portfolio and growth strategies.
• Get an integrated understanding of the entire market ecosystem and companies.
• Stay ahead of the competition through plans for growth in a changing environment for your geographic expansion.
• Assess the impact of advanced technologies and identify growth opportunities based on actionable data and insights.
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