Vinyl Chloride Monomer Market Size, DROT, Porter’s, PEST, Region & Country Revenue Analysis & Forecast Till 2027 - Reports and data
The ‘Global Vinyl Chloride Monomer Market Forecast to 2027’ published by Reports and Data takes a holistic approach and studies the key trends influencing the growth of the sector. The study focuses on the evolving business landscape due to the COVID-19 pandemic. The report studies key elements to predict the impact of COVID-19 on the future growth of the industry. It evaluates vital aspects like financial standing, technological development, recent deals, product offerings, investments, product development, research and development activities, and strategic alliances, including collaborations, mergers & acquisitions, and joint ventures.
Prolonged exposure to the market product can affect the central
and peripheral nervous system and also cause liver damage. It can also lead to
joint and muscle pain and scleroderma-like skin changes, which is also a
symptom of Raynaud's phenomenon. This may hamper the growth of the market.
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Major Players of
this market :
AGC Chemicals,
Petroquimica Innovay, Ineos Styrolution, Occidental Chemical Corporation,
DowDupont, LG Chem, BASF SE, Lyondellbasell Industries, Reliance Industries,
and, Qatar Vinyl Company, among others.
The Covid-19 Impact
The COVID-19 pandemic is having a significant impact on the
chemicals & materials industry. Demand for chemicals is suffering severe
shocks across various end-use markets, worldwide supply chains are upset, and
the competitive order of manufacturers/producers has witnessed a change. The
shortage of demand has fast-tracked the global chemical sector into an
oversupply situation. Movement restrictions appear to be a direct and immediate
effect, and once the compulsory social distancing ends, it is expected things
would get back to normal conditions.
Further key findings from the
report suggest
·
Polyvinyl chloride has
the advantage of being used in fabrication processes and conversion with great
flexibility, in such a way that end products cover a wide range, including
profiles and tubes, pipe and fittings, siding, wire and cable, floorings,
windows, doors, film bottles, and sheet. PVC held approximately more than 80%
of the market share.
·
Vinyl chloride monomer
market is generally produced by hydrochlorination of acetylene and
dehydrochlorination of ethylene dichloride. Reaction of
anhydrous hydrogen chloridegas with acetylene over a mercuric chloride
catalyst give vinyl chloride. This reaction is exothermic. The product yields
and purity are usually very high. This industrial process of production was
common before ethylene became widely distributed. China still uses this method
to manufacture vinyl chloride due to the large reserves of coal from which
acetylene is produced.
·
North America holds a
significant share in the market owing to the low production cost in chlorine
and ethylene raw materials. The shift towards the low feedstock cost and
natural gas for the production of vinyl chloride in the U.S. and Canada, from
shale gas, is propelling the demand for the market in the region. The region is
forecasted to grow with a CAGR of 6.0% during the forecast period.
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This is the latest report covering the
current COVID-19 scenario. The coronavirus pandemic has greatly affected every
aspect of the worldwide industry. It has brought along various changes in
market conditions. The rapidly changing market scenario and initial and future
assessment of the impact are covered in the research report. The report
discusses all the major aspects of the market with expert opinions on the
current status along with historical data.
For the purpose of this report, Reports and Data have segmented
into the global Vinyl Chloride Monomer market on the basis of the production
process, application, end-user, and region:
·
Production Process
Outlook (Revenue, USD Billion; Volume, Kilo Tons; 2017-2027)
o Hydrochlorination of Acetylene
o Dehydrochlorination of Ethylene Dichloride
·
Application Outlook
(Revenue, USD Billion; Volume, Kilo Tons; 2017-2027)
o PVC
o Co-Polymer Resins
·
End-User Outlook
(Revenue, USD Billion; Volume, Kilo Tons; 2017-2027)
o Agriculture
o Healthcare
o Building & Construction
o Electrical and Electronics
o Others
To identify the key trends in the industry, click on the link
below: https://www.reportsanddata.com/report-detail/vinyl-chloride-monomer-market
·
Regional Outlook
(Revenue, USD Billion; Volume, Kilo Tons; 2017-2027)
o North America
1.
S.
2.
Canada
o Europe
1.
Germany
2.
UK
3.
France
4.
BENELUX
5.
Rest of Europe
o Asia Pacific
1.
China
2.
Japan
3.
South Korea
4.
Rest of APAC
o Latin America
1.
Brazil
2.
Rest of LATAM
o MEA
1.
Saudi Arabia
2.
UAE
3.
Rest of MEA
Key
highlights of the Global Vinyl Chloride Monomer Market Report:
• Detailed market scope, structure,
dynamics, and estimated growth.
• Assessment of prevalent strategies
in the market.
• In-depth analysis of recent
developments and technological innovations.
• Study of key factors and their
impact on market growth.
• Detailed segmentation analysis.
• Competitive analysis.
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