Pune, May 06, 2022 (GLOBE NEWSWIRE) -- In 2022, “ Vinyl Chloride Monomer (VCM) Market “ Size, Status and Market Insights,
About Vinyl Chloride Monomer (VCM) Market 2022: -
VCM is a gas with a molecular weight of 62.5 and boiling point of -13.9°C, and hence has a high vapour pressure at ambient temperature. It is therefore manufactured under strict quality and safety control. There are two ways to manufacture VCM from ethylene (obtained from thermal cracking); the direct chlorination method and oxychlorination method. Vinyl chloride is an organochloride with the formula H2C=CHCl that is also called vinyl chloride monomer (VCM) or chloroethene. Vinyl chloride liquid is fed to polymerization reactors where it is converted from a monomeric VCM to a polymeric PVC. The final product of the polymerization process is PVC in either a flake or pellet form. From its flake or pellet form PVC is sold to companies that heat and mold the PVC into end products such as PVC pipe and bottles. Several million tons of PVC are sold on the global Vinyl Chloride Monomer (VCM) market each year.
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.
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 global construction market is expected to grow at a CAGR of 4% from USD 8.7 trillion in 2016 to USD 10.5 trillion in 2021. 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.
Who Are Vinyl Chloride Monomer (VCM) Market Key Manufacturers?
Company Information: List of Top Manufacturers/ Key Players in Vinyl Chloride Monomer (VCM) Market Insights Report Are:
- BASF
- Formosa Plastics
- Occidental Petroleum
- The Dow Chemical
- Westlake Chemical
- INEOS Vinyls UK
- LG Chem
- Reliance Industries
- Tokuyama
- Qatar Vinyl
And more…
Among other players domestic and global, Vinyl Chloride Monomer (VCM) market share data is available for globally.
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Global Vinyl Chloride Monomer (VCM) Market: Drivers and Restrains
The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2016 to 2027. This section mentions the volume of production by region from 2016 to 2027. Pricing analysis is included in the report according to each type from the year 2016 to 2027, manufacturer from 2016 to 2021, region from 2016 to 2021, and global price from 2016 to 2027.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.
Global Vinyl Chloride Monomer (VCM) Market: Segment Analysis
The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2016 to 2027. by Application segment also provides consumption during the forecast period of 2016 to 2027. Understanding the segments helps in identifying the importance of different factors that aid the market growth.
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Segment by Type
- Liquid Vinyl Chloride Monomer
- Solid Vinyl Chloride Monomer
Segment by Application
- Industrial
- Agricultural
- Construction
- Automobile
- Others
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A holistic research of the market is formed by considering a spread of things, from demographics conditions and business cycles during a particular country to market-specific microeconomic impacts. The study found the shift in market paradigms in terms of regional competitive advantage and therefore the competitive landscape of major players. Downstream demand analysis and upstream raw materials and equipment additionally administer.
Scope of the Report:-
This report focuses on the Vinyl Chloride Monomer (VCM) in Global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application. The Vinyl Chloride Monomer (VCM) Market report gives the clear picture of current market scenario which includes historical and projected market size in terms of value and volume, technological advancement, macro economical and governing factors in the market.
Vinyl Chloride Monomer (VCM) Market growth, by Geography: Major regions covered within the report: Consumption by Region 2022: -
North America, U.S., Canada, Europe, Germany, France, U.K., Italy, Russia, Asia-Pacific, China, Japan, South Korea, India, Australia, Taiwan, Indonesia, Thailand, Malaysia, Philippines, Vietnam, Latin America, Mexico, Brazil, Argentina, Middle East & Africa, Turkey, Saudi Arabia, U.A.E
The report can help to know the market and strategize for business expansion accordingly. Within the strategy analysis, it gives insights from market positioning and marketing channel to potential growth strategies, providing in-depth analysis for brand fresh entrants or exists competitors within the Vinyl Chloride Monomer (VCM) industry. Global Vinyl Chloride Monomer (VCM) Market Report 2022 provides exclusive statistics, data, information, trends and competitive landscape details during this niche sector.
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Key questions answered in Vinyl Chloride Monomer (VCM) Market report:
- What will the market growth rate of Vinyl Chloride Monomer (VCM) Market in 2022?
- What are the key factors driving the global Vinyl Chloride Monomer (VCM) Market?
- Who are the key manufacturers in Vinyl Chloride Monomer (VCM) Market space?
- What are the market opportunities, market risk and market overview of the Vinyl Chloride Monomer (VCM) Market?
- What are sales, revenue, and price analysis of top manufacturers of Vinyl Chloride Monomer (VCM) Market?
- Who are the distributors, traders and dealers of Vinyl Chloride Monomer (VCM) Market?
- What are the Vinyl Chloride Monomer (VCM) Market opportunities and threats faced by the vendors in the global Vinyl Chloride Monomer (VCM) Market?
- What are sales, revenue, and price analysis by types and applications of Vinyl Chloride Monomer (VCM) Market?
- What are sales, revenue, and price analysis by regions of Vinyl Chloride Monomer (VCM) Market?
With tables and figures helping analyze worldwide Global Vinyl Chloride Monomer (VCM) Market Forecast this research provides key statistics on the state of the industry and should be a valuable source of guidance and direction for companies and individuals interested in the market.
Major Points from Table of Contents:
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- To gain wide ranging information about the top players in this industry, their product portfolios, and key strategies adopted by the players.
- To gain insights of the countries/regions in the Vinyl Chloride Monomer (VCM) Market.
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