Vinyl Chloride Monomer Market SWOT Analysis, Trends and Growth Forecast by 2032

The global Vinyl Chloride Monomer Market size was USD 15.9 Billion in 2022 and is expected to reach USD 27.03 Billion in 2032, and register a revenue CAGR of 6% during the forecast period. With its distinctive qualities, including corrosion resistance, durability, and affordability, Polyvinyl Chloride (PVC) is increasingly in demand from end-use industries such as construction, automotive, and electrical and electronics, which is majorly driving the market revenue growth.

Increased building activities, particularly in developing economies, have been sparked by the expanding population, rapid urbanization, and industrialization. This demand for PVC is expected to drive revenue growth of the vinyl chloride monomer market. Likewise, the need for PVC-based materials, such as films, sheets, and profiles, which are utilized in automotive interiors and exteriors, is being fueled by rising demand for lightweight and fuel-efficient automobiles.

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Top Leading Players:

• BASF SE
• Formosa Plastics Corporation
• Ineos Group Holdings S.A.
• Kem One
• Mitsubishi Chemical Corporation
• Oxy Vinyls, LP
• Shin-Etsu Chemical Co., Ltd.
• Solvay SA
• Taiyo Vinyl Corporation
• Westlake Chemical Corporation

Key questions covered in the global Vinyl Chloride Monomer Market report:

• What is the expected market size of the global Vinyl Chloride Monomer Market during the forecast period?
• What factors are expected to hamper global Vinyl Chloride Monomer Market growth over the forecast period?
• What key factors are expected to drive global revenue growth between 2021 and 2028?
• Which application segment is expected to dominate other application segments over the forecast period?
• Which region is expected to dominate in terms of revenue during the forecast period?
• What are the key outcomes of Porter’s Five Forces analysis and SWOT analysis?
• Which leading players are operating in the global Polyvinyl Alcohol market?

Segments covered in the report:

By Production Process Outlook: 

• Acetylene-based
• Ethylene-based

By Application Outlook: 

• Pipes & Fittings
• Films & Sheets
• Wires & Cables
• Coatings & Adhesives
• Others

Key Regional Markets Covered in the Report:

• North America (U.S.A., Canada, Mexico)
• Europe (Italy, U.K., Germany, France, Rest of Europe)
• Asia Pacific (India, China, Japan, South Korea, Australia, Rest of Asia Pacific)
• Latin America (Chile, Brazil, Argentina, Peru, Rest of Latin America)
• Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)

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