Global Vinyl Chloride Monomer (VCM) Market to grow at a CAGR of 5.40% during 2017-2021 | BASF, Formosa Plastics, Occidental Petroleum, Westlake Chemical

VCM is a colorless compound, which is used to produce PVC. It is among the top twenty largest petrochemicals. VCM is used in the manufacture of ethylenediamine to produce resins and the production of chlorinated solvents. VCM is used as an aerosol propellant and is also a starting product for polyvinyl resins. It is highly flammable, has a sweet odor, and can emit toxic fumes of carbon monoxide, carbon dioxide, phosgene, and hydrogen chloride. Its exposure to fire and intense heat for a long period may result in rupturing of containers violently.

The global vinyl chloride monomer (VCM) market to grow at a CAGR of 5.40% during the period 2017-2021. The report covers the present scenario and the growth prospects of the global vinyl chloride monomer (VCM) market for 2017-2021. The report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.

The market is divided into the following segments based on geography:
- APAC
- Europe
- North America
- ROW

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Technavio's report, Global Vinyl Chloride Monomer (VCM) Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
- BASF
- Formosa Plastics
- Occidental Petroleum
- The Dow Chemical Company
- Westlake Chemical

Other prominent vendors
- INEOS Vinyls UK
- LG Chem
- Reliance Industries
- Tokuyama
- Qatar Vinyl Company

Market driver
- Increased demand from construction industry
- For a full, detailed list, view our report

Market challenge
- Volatile raw material prices
- For a full, detailed list, view our report

View Complete TOC with Tables and Figures at: https://www.researchmoz.us/global-vinyl-chloride-monomer-vcm-market-2017-2021-report.html/toc

Key questions answered in this report
- What will the market size be in 2021 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?

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