Home > Chemicals & Materials > Polymers > Industrial Polymers > Vinyl Chloride Monomer Market

Vinyl Chloride Monomer Market Share

Report ID: GMI3877
Published Date: Jun 2024
Report Format: PDF

Download Free Sample

Vinyl Chloride Monomer Market Share

Vinyl Chloride Monomer Market Company Share, (2023)

Leading VCM firms are focusing on expanding production capacities through investments in advanced technologies and new facilities for ensuring a reliable supply to meet the growing demand. Strategic partnerships and mergers are leading to increased market share and operational efficiency. Manufacturing innovations, such as the creation of sustainable and environmentally friendly PVCs are further helping them address regulatory concerns and consumer preferences.

Vinyl Chloride Monomer Market Companies

Major players operating in the vinyl chloride monomer industry include:

ACG Chemicals AG
Formosa Plastics Group
Innovay
Qatar Vinyl Company Petroquimica
Reliance Industries
Shin-Etsu
Westlake Corporation

Authors: Kiran Pulidindi, Kunal Ahuja

Frequently Asked Questions (FAQ) :

Industry size for vinyl chloride monomer was worth over USD 83.6 billion in 2023 and is projected to expand at 7.7% CAGR from 2024 to 2032, due to its crucial role in the production of polyvinyl chloride (PVC).

The PVC application segment in the vinyl chloride monomer industry is projected to account for USD 159.3 billion by 2032, due to its widespread applications and beneficial properties.

The building & construction end-user industry segment in the vinyl chloride monomer industry is estimated to depict 7.8% CAGR between 2024 and 2032, as the product is highly valued in construction due to its durability, low maintenance and low cost

North America market is projected to record USD 23.4 billion by 2032, led by the strong availability of well-established pharmaceutical companies and extensive R&D activities.