Global Vinyl Chloride Monomer (VCM) in-depth analysis and Growth of Market 2017-2021

"Global Vinyl Chloride Monomer (VCM) Market 2017-2021" The Report covers current Industries Trends, Worldwide Analysis, Global Forecast, Review, Share, Size, Growth, Effect.

Description-

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.

Technavios analysts forecast the global vinyl chloride monomer (VCM) market to grow at a CAGR of 5.40% during the period 2017-2021.

Covered in this report
The report covers the present scenario and the growth prospects of the global vinyl chloride monomer (VCM) market for 2017-2021. The report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.

The market is divided into the following segments based on geography:
APAC
Europe
North America
ROW

Technavio's report, Global Vinyl Chloride Monomer (VCM) Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
BASF
Formosa Plastics
Occidental Petroleum
The Dow Chemical Company
Westlake Chemical

Other prominent vendors
INEOS Vinyls UK
LG Chem
Reliance Industries
Tokuyama
Qatar Vinyl Company

Market driver
Increased demand from construction industry
For a full, detailed list, view our report

Market challenge
Volatile raw material prices
For a full, detailed list, view our report

Market trend
Emergence of bio-based VCM
For a full, detailed list, view our report

Key questions answered in this report
What will the market size be in 2021 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?

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