Vinyl Chloride Monomer (VCM) Market Sees Promising GrowthPosted by Andre on October 14th, 2019 Vinyl Chloride Monomer is a flammable gas, colourless which is used in the manufacturing of polyvinyl chloride and is used mainly in the building & construction industry. The chemical is produced commercially by combining hydrocarbon feedstock, which is obtained by cracking natural gas or petroleum with elemental chlorine. Global vinyl chloride monomer market is expected to rise to an estimated value of USD 18.4 billion by 2026, registering a substantial CAGR in the forecast period of 2019-2026. The high growth of this market is due to the increase in demand from the building & construction industry. Top Manufacturers Covered in the Report: Formosa Plastics Corporation, U.S.A., Axiall, Occidental Petroleum Corporation, Dow, Bayer AG, Chemson Group, Mexichem S.A.B. de C.V., NOVA Chemicals Corporation, DuPont de Nemours, Inc., BOYTEK A.S. among others. Segmentation: Global Vinyl Chloride Monomer (VCM) Market Global Vinyl Chloride Monomer (VCM) Market By Raw Material (Ethylene, Chlorine, Oxygen, Others) Application (PVC and Copolymer Resins) End-User (Building & Construction, Healthcare, Agriculture, Electrical & Electronics and Others) Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa) – Industry Trends and Forecast to 2026 Key Developments in the Market:
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Market Restraints:
Competitive Analysis: Global vinyl chloride monomer market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of Vinyl Chloride Monomer market for Global, Europe, North America, Asia-Pacific, South America and Middle East & Africa. Key Insights in the report:
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