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Vinyl Chloride Monomer (VCM) Market Size, Share, Trends, Growth Outlook

The Global Vinyl Chloride Monomer (VCM) Market Size is estimated to register 4.3% growth over the forecast period from 2024 to 2030.

The Vinyl Chloride Monomer (VCM) Market is pivotal in the production of polyvinyl chloride (PVC), a widely used thermoplastic. VCM is a key building block in the synthesis of PVC, which is utilized in construction, automotive, and packaging industries. This market addresses the global demand for versatile and durable materials in various applications. With a focus on sustainable PVC production and compliance with environmental regulations, the VCM Market aligns with the broader trends in responsible plastic manufacturing.

 

Vinyl Chloride Monomer (VCM) Market Dynamics

Market Trend: Growing Demand for PVC (Polyvinyl Chloride) Products Driving Vinyl Chloride Monomer (VCM) Market Growth

The most prominent trend in the Vinyl Chloride Monomer (VCM) Market is the growing demand for PVC (Polyvinyl Chloride) products. As PVC continues to be a widely used material in construction, automotive, and packaging industries, there is a consequent increase in the demand for VCM, a key raw material in PVC production. This trend is fueled by the versatility of PVC in various applications and the rising construction activities globally. The VCM Market is witnessing sustained growth as manufacturers cater to the escalating demand for PVC-based products, emphasizing the integral role of VCM in the PVC value chain.

 

Market Driver: Expanding Construction and Infrastructure Development Activities Worldwide

A key driver propelling the Vinyl Chloride Monomer (VCM) Market is the expanding construction and infrastructure development activities worldwide. The driver behind the market's growth is the use of PVC, derived from VCM, in a multitude of construction applications such as pipes, cables, and profiles. The continuous growth in construction projects, driven by urbanization and population expansion, is generating a steady demand for PVC, thereby boosting the VCM Market. Manufacturers in the VCM industry are responding to this driver by ensuring a stable supply of VCM to meet the requirements of the construction sector, which remains a major consumer of PVC products.

 

Potential Opportunity: Innovation in Sustainable VCM Production Processes

An emerging opportunity within the Vinyl Chloride Monomer (VCM) Market lies in the innovation of sustainable VCM production processes. With increasing environmental concerns and the industry's commitment to sustainability, there is potential to explore and implement greener manufacturing methods for VCM. This opportunity aligns with the broader trend of adopting eco-friendly practices in the chemical industry. Manufacturers can invest in research and development to create VCM using more sustainable and energy-efficient processes, reducing environmental impact and contributing to the industry's sustainability goals. By seizing this opportunity, the VCM Market can position itself as a leader in environmentally responsible PVC production and cater to the growing demand for sustainable materials in various end-use sectors."

 

Vinyl Chloride Monomer (VCM) Market Segmentation

By Application

  • Polyvinyl chloride
  • Others

 

By End-User

  • Building and construction
  • Electrical and electronics
  • Healthcare
  • Others

By Region

  • North America (United States, Canada, Mexico)
  • Europe (Germany, France, United Kingdom, Spain, Italy, Others)
  • Asia Pacific (China, India, Japan, South Korea, Australia, Others)
  • Latin America (Brazil, Argentina, Others)
  • Middle East and Africa (Saudi Arabia, UAE, Kuwait, Other Middle East, South Africa, Nigeria, Other Africa)

 

Vinyl Chloride Monomer (VCM) Market Companies

  • 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.

 

*List not exhaustive

Vinyl Chloride Monomer (VCM) Market Outlook 2024

1 Market Overview

1.1 Introduction to the Vinyl Chloride Monomer (VCM) Market

1.2 Scope of the Study

1.3 Research Objective

1.3.1 Key Market Scope and Segments

1.3.2 Players Covered

1.3.3 Years Considered

 

2 Executive Summary

2.1 2024 Vinyl Chloride Monomer (VCM) Industry- Market Statistics

3 Market Dynamics

3.1 Market Drivers

3.2 Market Challenges

3.3 Market Opportunities

3.4 Market Trends

 

4 Market Factor Analysis

4.1 Porter’s Five Forces

4.2 Market Entropy

4.2.1 Global Vinyl Chloride Monomer (VCM) Market Companies with Area Served

4.2.2 Products Offerings Global Vinyl Chloride Monomer (VCM) Market

 

5 COVID-19 Impact Analysis and Outlook Scenarios

5.1.1 Covid-19 Impact Analysis

5.1.2 post-COVID-19 Scenario- Low Growth Case

5.1.3 post-COVID-19 Scenario- Reference Growth Case

5.1.4 post-COVID-19 Scenario- Low Growth Case

 

6 Global Vinyl Chloride Monomer (VCM) Market Trends

6.1 Global Vinyl Chloride Monomer (VCM) Revenue (USD Million) and CAGR (%) by Type (2018-2030)

6.2 Global Vinyl Chloride Monomer (VCM) Revenue (USD Million) and CAGR (%) by Applications (2018-2030)

6.3 Global Vinyl Chloride Monomer (VCM) Revenue (USD Million) and CAGR (%) by regions (2018-2030)

 

7 Global Vinyl Chloride Monomer (VCM) Market Revenue (USD Million) by Type, and Applications (2018-2022)

7.1 Global Vinyl Chloride Monomer (VCM) Revenue (USD Million) by Type (2018-2022)

7.1.1 Global Vinyl Chloride Monomer (VCM) Revenue (USD Million), Market Share (%) by Type (2018-2022)

7.2 Global Vinyl Chloride Monomer (VCM) Revenue (USD Million) by Applications (2018-2022)

7.2.1 Global Vinyl Chloride Monomer (VCM) Revenue (USD Million), Market Share (%) by Applications (2018-2022)

 

8 Global Vinyl Chloride Monomer (VCM) Development Regional Status and Outlook

8.1 Global Vinyl Chloride Monomer (VCM) Revenue (USD Million) By Regions (2018-2022)

8.2 North America Vinyl Chloride Monomer (VCM) Revenue (USD Million) by Type, and Application (2018-2022)

8.2.1 North America Vinyl Chloride Monomer (VCM) Revenue (USD Million) by Country (2018-2022)

8.2.2 North America Vinyl Chloride Monomer (VCM) Revenue (USD Million) by Type (2018-2022)

8.2.3 North America Vinyl Chloride Monomer (VCM) Revenue (USD Million) by Applications (2018-2022)

8.3 Europe Vinyl Chloride Monomer (VCM) Revenue (USD Million), by Type, and Applications (USD Million) (2018-2022)

8.3.1 Europe Vinyl Chloride Monomer (VCM) Revenue (USD Million), by Country (2018-2022)

8.3.2 Europe Vinyl Chloride Monomer (VCM) Revenue (USD Million) by Type (2018-2022)

8.3.3 Europe Vinyl Chloride Monomer (VCM) Revenue (USD Million) by Applications (2018-2022)

8.4 Asia Pacific Vinyl Chloride Monomer (VCM) Revenue (USD Million), and Revenue (USD Million) by Type, and Applications (2018-2022)

8.4.1 Asia Pacific Vinyl Chloride Monomer (VCM) Revenue (USD Million) by Country (2018-2022)

8.4.2 Asia Pacific Vinyl Chloride Monomer (VCM) Revenue (USD Million) by Type (2018-2022)

8.4.3 Asia Pacific Vinyl Chloride Monomer (VCM) Revenue (USD Million) by Applications (2018-2022)

8.5 South America Vinyl Chloride Monomer (VCM) Revenue (USD Million), by Type, and Applications (2018-2022)

8.5.1 South America Vinyl Chloride Monomer (VCM) Revenue (USD Million), by Country (2018-2022)

8.5.2 South America Vinyl Chloride Monomer (VCM) Revenue (USD Million) by Type (2018-2022)

8.5.3 South America Vinyl Chloride Monomer (VCM) Revenue (USD Million) by Applications (2018-2022)

8.6 Middle East and Africa Vinyl Chloride Monomer (VCM) Revenue (USD Million), by Type, Technology, Application, Thickness (2018-2022)

8.6.1 Middle East and Africa Vinyl Chloride Monomer (VCM) Revenue (USD Million) by Country (2018-2022)

8.6.2 Middle East and Africa Vinyl Chloride Monomer (VCM) Revenue (USD Million) by Type (2018-2022)

8.6.3 Middle East and Africa Vinyl Chloride Monomer (VCM) Revenue (USD Million) by Applications (2018-2022)

 

9 Company Profiles

 

10 Global Vinyl Chloride Monomer (VCM) Market Revenue (USD Million), by Type, and Applications (2024-2030)

10.1 Global Vinyl Chloride Monomer (VCM) Revenue (USD Million) and Market Share (%) by Type (2024-2030)

10.1.1 Global Vinyl Chloride Monomer (VCM) Revenue (USD Million), and Market Share (%) by Type (2024-2030)

10.2 Global Vinyl Chloride Monomer (VCM) Revenue (USD Million) and Market Share (%) by Applications (2024-2030)

10.2.1 Global Vinyl Chloride Monomer (VCM) Revenue (USD Million), and Market Share (%) by Applications (2024-2030)

 

11 Global Vinyl Chloride Monomer (VCM) Development Regional Status and Outlook Forecast

11.1 Global Vinyl Chloride Monomer (VCM) Revenue (USD Million) By Regions (2024-2030)

11.2 North America Vinyl Chloride Monomer (VCM) Revenue (USD Million) by Type, and Applications (2024-2030)

11.2.1 North America Vinyl Chloride Monomer (VCM) Revenue (USD) Million by Country (2024-2030)

11.2.2 North America Vinyl Chloride Monomer (VCM) Revenue (USD Million), by Type (2024-2030)

11.2.3 North America Vinyl Chloride Monomer (VCM) Revenue (USD Million), Market Share (%) by Applications (2024-2030)

11.3 Europe Vinyl Chloride Monomer (VCM) Revenue (USD Million), by Type, and Applications (2024-2030)

11.3.1 Europe Vinyl Chloride Monomer (VCM) Revenue (USD Million), by Country (2024-2030)

11.3.2 Europe Vinyl Chloride Monomer (VCM) Revenue (USD Million), by Type (2024-2030)

11.3.3 Europe Vinyl Chloride Monomer (VCM) Revenue (USD Million), by Applications (2024-2030)

11.4 Asia Pacific Vinyl Chloride Monomer (VCM) Revenue (USD Million) by Type, and Applications (2024-2030)

11.4.1 Asia Pacific Vinyl Chloride Monomer (VCM) Revenue (USD Million), by Country (2024-2030)

11.4.2 Asia Pacific Vinyl Chloride Monomer (VCM) Revenue (USD Million), by Type (2024-2030)

11.4.3 Asia Pacific Vinyl Chloride Monomer (VCM) Revenue (USD Million), by Applications (2024-2030)

11.5 South America Vinyl Chloride Monomer (VCM) Revenue (USD Million), by Type, and Applications (2024-2030)

11.5.1 South America Vinyl Chloride Monomer (VCM) Revenue (USD Million), by Country (2024-2030)

11.5.2 South America Vinyl Chloride Monomer (VCM) Revenue (USD Million), by Type (2024-2030)

11.5.3 South America Vinyl Chloride Monomer (VCM) Revenue (USD Million), by Applications (2024-2030)

11.6 Middle East and Africa Vinyl Chloride Monomer (VCM) Revenue (USD Million), by Type, and Applications (2024-2030)

11.6.1 Middle East and Africa Vinyl Chloride Monomer (VCM) Revenue (USD Million), by region (2024-2030)

11.6.2 Middle East and Africa Vinyl Chloride Monomer (VCM) Revenue (USD Million), by Type (2024-2030)

11.6.3 Middle East and Africa Vinyl Chloride Monomer (VCM) Revenue (USD Million), by Applications (2024-2030)

 

12 Methodology and Data Sources

12.1 Methodology/Research Approach

12.1.1 Research Programs/Design

12.1.2 Market Size Estimation

12.1.3 Market Breakdown and Data Triangulation

12.2 Data Sources

12.2.1 Secondary Sources

12.2.2 Primary Sources

12.3 Disclaimer

List of Tables

Table 1 Market Segmentation Analysis

Table 2 Global Vinyl Chloride Monomer (VCM) Market Companies with Areas Served

Table 3 Products Offerings Global Vinyl Chloride Monomer (VCM) Market

Table 4 Low Growth Scenario Forecasts

Table 5 Reference Case Growth Scenario

Table 6 High Growth Case Scenario

Table 7 Global Vinyl Chloride Monomer (VCM) Revenue (USD Million) And CAGR (%) By Type (2018-2030)

Table 8 Global Vinyl Chloride Monomer (VCM) Revenue (USD Million) And CAGR (%) By Applications (2018-2030)

Table 9 Global Vinyl Chloride Monomer (VCM) Revenue (USD Million) And CAGR (%) By Regions (2018-2030)

Table 10 Global Vinyl Chloride Monomer (VCM) Revenue (USD Million) By Type (2018-2022)

Table 11 Global Vinyl Chloride Monomer (VCM) Revenue Market Share (%) By Type (2018-2022)

Table 12 Global Vinyl Chloride Monomer (VCM) Revenue (USD Million) By Applications (2018-2022)

Table 13 Global Vinyl Chloride Monomer (VCM) Revenue Market Share (%) By Applications (2018-2022)

Table 14 Global Vinyl Chloride Monomer (VCM) Market Revenue (USD Million) By Regions (2018-2022)

Table 15 Global Vinyl Chloride Monomer (VCM) Market Share (%) By Regions (2018-2022)

Table 16 North America Vinyl Chloride Monomer (VCM) Revenue (USD Million) By Country (2018-2022)

Table 17 North America Vinyl Chloride Monomer (VCM) Revenue (USD Million) By Type (2018-2022)

Table 18 North America Vinyl Chloride Monomer (VCM) Revenue (USD Million) By Applications (2018-2022)

Table 19 Europe Vinyl Chloride Monomer (VCM) Revenue (USD Million) By Country (2018-2022)

Table 20 Europe Vinyl Chloride Monomer (VCM) Revenue (USD Million) By Type (2018-2022)

Table 21 Europe Vinyl Chloride Monomer (VCM) Revenue (USD Million) By Applications (2018-2022)

Table 22 Asia Pacific Vinyl Chloride Monomer (VCM) Revenue (USD Million) By Country (2018-2022)

Table 23 Asia Pacific Vinyl Chloride Monomer (VCM) Revenue (USD Million) By Type (2018-2022)

Table 24 Asia Pacific Vinyl Chloride Monomer (VCM) Revenue (USD Million) By Applications (2018-2022)

Table 25 South America Vinyl Chloride Monomer (VCM) Revenue (USD Million) By Country (2018-2022)

Table 26 South America Vinyl Chloride Monomer (VCM) Revenue (USD Million) By Type (2018-2022)

Table 27 South America Vinyl Chloride Monomer (VCM) Revenue (USD Million) By Applications (2018-2022)

Table 28 Middle East and Africa Vinyl Chloride Monomer (VCM) Revenue (USD Million) By Region (2018-2022)

Table 29 Middle East and Africa Vinyl Chloride Monomer (VCM) Revenue (USD Million) By Type (2018-2022)

Table 30 Middle East and Africa Vinyl Chloride Monomer (VCM) Revenue (USD Million) By Applications (2018-2022)

Table 31 Financial Analysis

Table 32 Global Vinyl Chloride Monomer (VCM) Revenue (USD Million) By Type (2024-2030)

Table 33 Global Vinyl Chloride Monomer (VCM) Revenue Market Share (%) By Type (2024-2030)

Table 34 Global Vinyl Chloride Monomer (VCM) Revenue (USD Million) By Applications (2024-2030)

Table 35 Global Vinyl Chloride Monomer (VCM) Revenue Market Share (%) By Applications (2024-2030)

Table 36 Global Vinyl Chloride Monomer (VCM) Market Revenue (USD Million), And Revenue (USD Million) By Regions (2024-2030)

Table 37 North America Vinyl Chloride Monomer (VCM) Revenue (USD)By Country (2024-2030)

Table 38 North America Vinyl Chloride Monomer (VCM) Revenue (USD Million) By Type (2024-2030)

Table 39 North America Vinyl Chloride Monomer (VCM) Revenue (USD Million) By Applications (2024-2030)

Table 40 Europe Vinyl Chloride Monomer (VCM) Revenue (USD Million) By Country (2024-2030)

Table 41 Europe Vinyl Chloride Monomer (VCM) Revenue (USD Million) By Type (2024-2030)

Table 42 Europe Vinyl Chloride Monomer (VCM) Revenue (USD Million) By Applications (2024-2030)

Table 43 Asia Pacific Vinyl Chloride Monomer (VCM) Revenue (USD Million) By Country (2024-2030)

Table 44 Asia Pacific Vinyl Chloride Monomer (VCM) Revenue (USD Million) By Type (2024-2030)

Table 45 Asia Pacific Vinyl Chloride Monomer (VCM) Revenue (USD Million) By Applications (2024-2030)

Table 46 South America Vinyl Chloride Monomer (VCM) Revenue (USD Million) By Country (2024-2030)

Table 47 South America Vinyl Chloride Monomer (VCM) Revenue (USD Million) By Type (2024-2030)

Table 48 South America Vinyl Chloride Monomer (VCM) Revenue (USD Million) By Applications (2024-2030)

Table 49 Middle East and Africa Vinyl Chloride Monomer (VCM) Revenue (USD Million) By Region (2024-2030)

Table 50 Middle East and Africa Vinyl Chloride Monomer (VCM) Revenue (USD Million) By Region (2024-2030)

Table 51 Middle East and Africa Vinyl Chloride Monomer (VCM) Revenue (USD Million) By Type (2024-2030)

Table 52 Middle East and Africa Vinyl Chloride Monomer (VCM) Revenue (USD Million) By Applications (2024-2030)

Table 53 Research Programs/Design for This Report

Table 54 Key Data Information from Secondary Sources

Table 55 Key Data Information from Primary Sources

 

List of Figures

Figure 1 Market Scope

Figure 2 Porter’s Five Forces

Figure 3 Global Vinyl Chloride Monomer (VCM) Revenue (USD Million) By Type (2018-2022)

Figure 4 Global Vinyl Chloride Monomer (VCM) Revenue Market Share (%) By Type (2022)

Figure 5 Global Vinyl Chloride Monomer (VCM) Revenue (USD Million) By Applications (2018-2022)

Figure 6 Global Vinyl Chloride Monomer (VCM) Revenue Market Share (%) By Applications (2022)

Figure 7 Global Vinyl Chloride Monomer (VCM) Market Revenue (USD Million) By Regions (2018-2022)

Figure 8 Global Vinyl Chloride Monomer (VCM) Market Share (%) By Regions (2022)

Figure 9 North America Vinyl Chloride Monomer (VCM) Revenue (USD Million) By Country (2018-2022)

Figure 10 North America Vinyl Chloride Monomer (VCM) Revenue (USD Million) By Type (2018-2022)

Figure 11 North America Vinyl Chloride Monomer (VCM) Revenue (USD Million) By Applications (2018-2022)

Figure 12 Europe Vinyl Chloride Monomer (VCM) Revenue (USD Million) By Country (2018-2022)

Figure 13 Europe Vinyl Chloride Monomer (VCM) Revenue (USD Million) By Type (2018-2022)

Figure 14 Europe Vinyl Chloride Monomer (VCM) Revenue (USD Million) By Applications (2018-2022)

Figure 15 Asia Pacific Vinyl Chloride Monomer (VCM) Revenue (USD Million) By Country (2018-2022)

Figure 16 Asia Pacific Vinyl Chloride Monomer (VCM) Revenue (USD Million) By Type (2018-2022)

Figure 17 Asia Pacific Vinyl Chloride Monomer (VCM) Revenue (USD Million) By Applications (2018-2022)

Figure 18 South America Vinyl Chloride Monomer (VCM) Revenue (USD Million) By Country (2018-2022)

Figure 19 South America Vinyl Chloride Monomer (VCM) Revenue (USD Million) By Type (2018-2022)

Figure 20 South America Vinyl Chloride Monomer (VCM) Revenue (USD Million) By Applications (2018-2022)

Figure 21 Middle East and Africa Vinyl Chloride Monomer (VCM) Revenue (USD Million) By Region (2018-2022)

Figure 22 Middle East and Africa Vinyl Chloride Monomer (VCM) Revenue (USD Million) By Type (2018-2022)

Figure 23 Middle East and Africa Vinyl Chloride Monomer (VCM) Revenue (USD Million) By Applications (2018-2022)

Figure 24 Global Vinyl Chloride Monomer (VCM) Revenue (USD Million) By Type (2024-2030)

Figure 25 Global Vinyl Chloride Monomer (VCM) Revenue Market Share (%) By Type (2030)

Figure 26 Global Vinyl Chloride Monomer (VCM) Revenue (USD Million) By Applications (2024-2030)

Figure 27 Global Vinyl Chloride Monomer (VCM) Revenue Market Share (%) By Applications (2030)

Figure 28 Global Vinyl Chloride Monomer (VCM) Market Revenue (USD Million) By Regions (2024-2030)

Figure 29 North America Vinyl Chloride Monomer (VCM) Revenue (USD Million) By Country (2024-2030)

Figure 30 North America Vinyl Chloride Monomer (VCM) Revenue (USD Million) By Type (2024-2030)

Figure 31 North America Vinyl Chloride Monomer (VCM) Revenue (USD Million) By Applications (2024-2030)

Figure 32 Europe Vinyl Chloride Monomer (VCM) Revenue (USD Million) By Country (2024-2030)

Figure 33 Europe Vinyl Chloride Monomer (VCM) Revenue (USD Million) By Type (2024-2030)

Figure 34 Europe Vinyl Chloride Monomer (VCM) Revenue (USD Million) By Applications (2024-2030)

Figure 35 Asia Pacific Vinyl Chloride Monomer (VCM) Revenue (USD Million) By Country (2024-2030)

Figure 36 Asia Pacific Vinyl Chloride Monomer (VCM) Revenue (USD Million) By Type (2024-2030)

Figure 37 Asia Pacific Vinyl Chloride Monomer (VCM) Revenue (USD Million) By Applications (2024-2030)

Figure 38 South America Vinyl Chloride Monomer (VCM) Revenue (USD Million) By Country (2024-2030)

Figure 39 South America Vinyl Chloride Monomer (VCM) Revenue (USD Million) By Type (2024-2030)

Figure 40 South America Vinyl Chloride Monomer (VCM) Revenue (USD Million) By Applications (2024-2030)

Figure 41 Middle East and Africa Vinyl Chloride Monomer (VCM) Revenue (USD Million) By Region (2024-2030)

Figure 42 Middle East and Africa Vinyl Chloride Monomer (VCM) Revenue (USD Million) By Region (2024-2030)

Figure 43 Middle East and Africa Vinyl Chloride Monomer (VCM) Revenue (USD Million) By Type (2024-2030)

Figure 44 Middle East and Africa Vinyl Chloride Monomer (VCM) Revenue (USD Million) By Applications (2024-2030)

Figure 45 Bottom-Up and Top-Down Approaches for This Report

Figure 46 Data Triangulation

 

Vinyl Chloride Monomer (VCM) Market Segmentation

By Application

  • Polyvinyl chloride
  • Others

 

By End-User

  • Building and construction
  • Electrical and electronics
  • Healthcare
  • Others

By Region

  • North America (United States, Canada, Mexico)
  • Europe (Germany, France, United Kingdom, Spain, Italy, Others)
  • Asia Pacific (China, India, Japan, South Korea, Australia, Others)
  • Latin America (Brazil, Argentina, Others)
  • Middle East and Africa (Saudi Arabia, UAE, Kuwait, Other Middle East, South Africa, Nigeria, Other Africa)

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