Vinyl chloride monomer (VCM) market in terms of volume was over 52 million tons and is anticipated to grow at a CAGR of 6.3% from 2019 to 2030.
Rising demand from end-use industries such as construction, healthcare, and agriculture is the prime factor driving the market growth. Production of bio-based VCM is anticipated to boost the overall market demand. VCM market is witnessing growth owing to increasing demand of PVC from end use industries. Construction and health care are the two major industries.
Major Key Players of the Vinyl Chloride Monomer (VCM) Market are:
Occidental Petroleum Corporation, Dow, Formosa Plastics Corporation, AGC Chemicals, Vynova Group, Westlake Chemical Corporation, Solvay, Sasol, DuPont, SP Chemicals Holdings Ltd.
