Pune, April 07, 2022 (GLOBE NEWSWIRE) -- Vinyl Chloride Monomer (VCM) is highly flammable and colorless compound. Commercially it is made by combining feedstock with elemental chlorine. It is one of the widely used chemical. It is mainly used in the production of polyvinyl chloride (PVC). The remaining is used in chlorinated solvents and polyvinylidene chloride. VCM is used in various end-use industries such as construction, agricultural, healthcare and electrical.
Vinyl Chloride Monomer (VCM) Market by Regions
In 2018, more than half of the market share was accounted by Asia Pacific region and this trend is anticipated to be the same over the forecast period. In 2018, China was the leading producer and consumer of VCM. India is another major country contributing towards the growth of VCM in Asia Pacific region. Huge demand is projected from these countries owing to rise in infrastructural development. In the same year, North America accounted for the second largest share of the market. After China, the US is the second largest consumer of VCM. The boom of shale gas in North America is providing the advantage of cheap feedstock to the VCM manufacturers. Therefore, North America is one of the lowest-cost VCM producers.
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COMPANY PROFILES (Business Overview, Products/Services Offered, Financial Performance, R&D Intensity, Marketing & Sales Intensity, Recent Developments, Analyst Corner)*
- Occidental Petroleum Corporation
- Dow
- Formosa Plastics Corporation
- AGC Chemicals
- Vynova Group
- Westlake Chemical Corporation
- Solvay
- Sasol
- DuPont
- SP Chemicals Holdings Ltd
Vendor Assessment
Vendor assessment includes a deep analysis of how vendors are addressing the demand in the Vinyl Chloride Monomer (VCM) Market. The MDC CompetetiveScape model was used to assess qualitative and quantitative insights in this assessment. MDC's CompetitiveScape is a structured method for identifying key players and outlining their strengths, relevant characteristics, and outreach strategy. MDC's CompetitiveScape allows organizations to analyze the environmental factors that influence their business, set goals, and identify new marketing strategies. MDC Research analysts conduct a thorough investigation of vendors' solutions, services, programs, marketing, organization size, geographic focus, type of organization and strategies.
Technology Assessment
Technology dramatically impacts business productivity, growth and efficiency.Technologies can help companies develop competitive advantages, but choosing them can be one of the most demanding decisions for businesses. Technology assessment helps organizations to understand their current situation with respect to technology and offer a roadmap where they might want to go and scale their business. A well-defined process to assess and select technology solutions can help organizations reduce risk, achieve objectives, identify the problem, and solve it in the right way. Technology assessment can help businesses identify which technologies to invest in, meet industry standards, compete against competitors.
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Business Ecosystem Analysis
Advancements in technology and digitalization have changed the way companies do business; the concept of a business ecosystem helps businesses understand how to thrive in this changing environment. Business ecosystems provide organizations with opportunities to integrate technology in their daily business operations and improve research and business competency. The business ecosystem includes a network of interlinked companies that compete and cooperate to increase sales, improve profitability, and succeed in their markets. An ecosystem analysis is a business network analysis that includes the relationships amongst suppliers, distributors, and end-users in delivering a product or service.
Regions and Countries Covered
North America (US, Canada), Europe (Germany, UK, France, Spain, Italy, and Rest of Europe), Asia-Pacific (Japan, China, Australia, India, Rest of Asia-Pacific), and Rest of the World (RoW)
Report Coverage
Vinyl Chloride Monomer (VCM) Market Dynamics, Covid-19 Impact on the Vinyl Chloride Monomer (VCM) Market, Vendor Profiles, Vendor Assessment, Strategies, Technology Assessment, Product Mapping, Industry Outlook, Economic Analysis, Segmental Analysis, Vinyl Chloride Monomer (VCM) Market Sizing, Analysis Tables
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Vendor Profiles Covered
All Major Tier-1, Tier-2, and Tier-3 companies are covered in this Vinyl Chloride Monomer (VCM) Market report (25 Vendor Profiles)
Additional vendors profiles can be added based on client business requirements
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