May 20, 2021   SOURCE: BusinessWire

Global Vinyl Chloride Monomer Market (2021 to 2026) - Growth, Trends, COVID-19 Impact, and Forecasts - ResearchAndMarkets.com

The "Vinyl Chloride Monomer Market - Growth, Trends, COVID-19 Impact, and Forecasts (2021 - 2026)" report has been added to ResearchAndMarkets.com's offering.

The vinyl chloride monomer market is expected to develop at a CAGR of over 4% during the forecast period.

Companies Mentioned

  • AGC Chemicals
  • Ercros S.A
  • Occidental Petroleum Corporation
  • Olin Corporation
  • Shin-Etsu PVC B.V.
  • The Chemson Group
  • Tosoh Corporation
  • Vinnolit GmbH & Co. KG
  • Vynova Group
  • Westlake Chemical Corporation

Key Market Trends

Building & Construction Sector to Boost Vinyl Chloride Monomer Market

  • Vinyl chloride monomer is considered as one of the notable chemicals used in various businesses. It is a colorless, combustible gas at room temperature. Vinyl chloride monomer is mostly used in the production of polyvinyl chloride, which is utilized predominantly in the building & construction industry.
  • The vinyl chloride monomer business is basically determined by the expansion sought after from the building & construction industry. Vinyl Chloride Monomer is utilized in siding, roofing, wire and link protection, window outlines, and so on in the construction business.
  • In 2019, the global expenditure of the building & construction industry amounted to roughly USD 11 trillion and estimates suggest that by the year 2025, it will reach around USD 14 trillion, thus profiting the market for vinyl chloride monomer.
  • Total construction expenditure accounts for 13% of the world's GDP and high expenditure in the coming years in the construction sector is anticipated to fuel the growth of the market.
  • All the aforementioned factors are expected to drive the vinyl chloride monomer market during the forecast period.

Asia-Pacific Region to Dominate Vinyl Chloride Monomer Market

  • Asia-Pacific region holds a prominent share in the vinyl chloride monomer market globally and is expected to dominate the market during the forecast timeline.
  • By the end of 2020, the region is projected to lead the construction spending accounting for almost 46% of the share globally with counties like China, India, Indonesia making the major contribution in the industry.
  • It is estimated that the market value of China's construction industry in 2019 amounted to USD 969.06 billion.
  • India's real estate industry is projected to reach a value of USD 180 billion by the end of 2020.
  • Thus, rising demand from various segments is expected to drive the market studied in the region during the forecast timeframe.

Key Topics Covered:

1 INTRODUCTION

2 RESEARCH METHODOLOGY

3 EXECUTIVE SUMMARY

4 MARKET DYNAMICS

4.1 Drivers

4.1.1 Rising Demand in Healthcare Sector

4.1.2 High Consumption from Building & Construction Industry

4.2 Restraints

4.2.1 Unfavorable Conditions Arising Due to COVID-19 Outbreak

4.2.2 Other Restraints

4.3 Industry Value Chain Analysis

4.4 Porter's Five Forces Analysis

5 MARKET SEGMENTATION

5.1 Application

5.1.1 PVC

5.1.2 Others

5.2 End-User

5.2.1 Building & Construction

5.2.2 Healthcare

5.2.3 Electrical

5.2.4 Others

5.3 Geography

5.3.1 Asia-Pacific

5.3.1.1 China

5.3.1.2 India

5.3.1.3 Japan

5.3.1.4 South Korea

5.3.1.5 Rest of Asia-Pacific

5.3.2 North America

5.3.2.1 United States

5.3.2.2 Canada

5.3.2.3 Mexico

5.3.3 Europe

5.3.3.1 Germany

5.3.3.2 United Kingdom

5.3.3.3 France

5.3.3.4 Italy

5.3.3.5 Rest of Europe

5.3.4 South America

5.3.4.1 Brazil

5.3.4.2 Argentina

5.3.4.3 Rest of South America

5.3.5 Middle-East and Africa

5.3.5.1 Saudi Arabia

5.3.5.2 South Africa

5.3.5.3 Rest of Middle-East and Africa

6 COMPETITIVE LANDSCAPE

6.1 Mergers and Acquisitions, Joint Ventures, Collaborations, and Agreements

6.2 Market Share/Ranking Analysis**

6.3 Strategies Adopted by Leading Players

6.4 Company Profiles

6.4.1 AGC Chemicals

6.4.2 Ercros S.A

6.4.3 Occidental Petroleum Corporation

6.4.4 Olin Corporation

6.4.5 Shin-Etsu PVC B.V.

6.4.6 The Chemson Group

6.4.7 Tosoh Corporation

6.4.8 Vinnolit GmbH & Co. KG

6.4.9 Vynova Group

6.4.10 Westlake Chemical Corporation

7 MARKET OPPORTUNITIES AND FUTURE TRENDS

7.1 Focus Towards Bio-Based Vinyl Chloride Monomer

For more information about this report visit https://www.researchandmarkets.com/r/y4g1gq