Vinyl Chloride Monomer (VCM) Market Insights, Forecast to 2029 - Valuates Reports

The global Vinyl Chloride Monomer (VCM) Market is expected to grow at a CAGR of 4% from $8.7 trillion in 2016 to $10.5 trillion in 2021.

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Vinyl Chloride Monomer (VCM) Market
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 is projected to grow from US$ million in 2023 to US$ million by 2029, at a Compound Annual Growth Rate (CAGR) of % during the forecast period.
According to the report, one driver in the market is increased demand from construction industry. VCM is mainly used in the production of PVC, which is mostly used in the construction industry. The increase in population in countries of the Middle East and Africa such as Qatar, the UAE, and Saudi Arabia will witness a huge growth in infrastructural developments. APAC is anticipated to lead the construction market with China and India, acting as the major driver.
In terms of production side, this report researches the Vinyl Chloride Monomer (VCM) production, growth rate, market share by manufacturers and by region (region level and country level), from 2018 to 2023, and forecast to 2029.
In terms of consumption side, this report focuses on the sales of Vinyl Chloride Monomer (VCM) by region (region level and country level), by company, by Type and by Application. from 2018 to 2023 and forecast to 2029.
Report Includes:
This report presents an overview of global market for Vinyl Chloride Monomer (VCM), capacity, output, revenue and price. Analyses of the global market trends, with historic market revenue/sales data for 2018 - 2022, estimates for 2023, and projections of CAGR through 2029.
This report researches the key producers of Vinyl Chloride Monomer (VCM), also provides the consumption of main regions and countries. Highlights of the upcoming market potential for Vinyl Chloride Monomer (VCM), and key regions/countries of focus to forecast this market into various segments and sub-segments. Country specific data and market value analysis for the U.S., Canada, Mexico, Brazil, China, Japan, South Korea, Southeast Asia, India, Germany, the U.K., Italy, Middle East, Africa, and Other Countries.
This report focuses on the Vinyl Chloride Monomer (VCM) sales, revenue, market share and industry ranking of main manufacturers, data from 2018 to 2023. Identification of the major stakeholders in the global Vinyl Chloride Monomer (VCM) market, and analysis of their competitive landscape and market positioning based on recent developments and segmental revenues. This report will help stakeholders to understand the competitive landscape and gain more insights and position their businesses and market strategies in a better way.
This report analyzes the segments data by Type and by Application, sales, revenue, and price, from 2018 to 2029. Evaluation and forecast the market size for Vinyl Chloride Monomer (VCM) sales, projected growth trends, production technology, application and end-user industry.
Descriptive company profiles of the major global players, including BASF, Formosa Plastics, Occidental Petroleum, The Dow Chemical, Westlake Chemical, INEOS Vinyls UK, LG Chem, Reliance Industries and Tokuyama, etc.

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