April 07, 2022 07:05 ET | Source: Market Data Centre Market Data Centre
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)*
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.
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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)
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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All Major Tier-1, Tier-2, and Tier-3 companies are covered in this Vinyl Chloride Monomer (VCM) Market report (25 Vendor Profiles)
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