Pune, April 07, 2022 (GLOBE NEWSWIRE) — Vinyl chloride monomer (VCM) is a highly flammable and colorless compound. Commercially, it is made by combining the raw material with elemental chlorine. It is one of the most widely used chemicals. It is mainly used in the production of polyvinyl chloride (PVC). The rest is used in chlorinated solvents and polyvinylidene chloride. VCM is used in various end-use industries such as construction, agriculture, healthcare, and electrical.
Vinyl Chloride Monomer (VCM) Market by Regions
In 2018, more than half of the market share was accounted for by the Asia-Pacific region and this trend is expected to be the same during the forecast period. In 2018, China was the top producer and consumer of VCM. India is another major country contributing to the growth of VCM in the Asia-Pacific region. Huge demand is projected from these countries due to increase in infrastructure development. In the same year, North America accounted for the second largest market share. After China, the United States is the second largest consumer of VCM. The shale gas boom in North America offers the advantage of cheap feedstock to VCM manufacturers. Therefore, North America is one of the cheapest producers of VCM.
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COMPANY PROFILES (Company Overview, Products/Services Offered, Financial Performance, R&D Intensity, Marketing & Sales Intensity, Recent Developments, Analyst Corner)*
- Western Oil Company
- Formosa Plastics Corporation
- AGC chemicals
- Vynova Group
- Westlake Chemical Corporation
- Du Pont
- SP Chemicals Holdings Ltd
The vendor assessment includes an in-depth analysis of how the vendors meet the demand in the Vinyl Chloride Monomer (VCM) market. The MDC CompetetiveScape model was used to assess the qualitative and quantitative information for this assessment. MDC’s CompetitiveScape is a structured method for identifying key players and describing their strengths, relevant characteristics and outreach strategy. MDC’s CompetitiveScape enables organizations to analyze the environmental factors that influence their business, set goals and identify new marketing strategies. MDC Research analysts conduct in-depth investigation into solutions, services, programs, marketing, organization size, geographic focus, organization type, and vendor strategies.
Technology has a huge impact on business productivity, growth and efficiency. Technologies can help companies develop competitive advantages, but choosing them can be one of the most demanding decisions for companies. Technology assessment helps organizations understand their current technology situation and offers them a roadmap towards which they might want to evolve and grow their business. A well-defined process for evaluating and selecting technology solutions can help organizations reduce risk, achieve their goals, identify the problem, and fix it the right way. Technology assessment can help companies identify which technologies to invest in, meet industry standards, and compete with competitors.
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Business ecosystem analysis
Advances in technology and digitalization have changed the way companies do business; the business ecosystem concept helps companies understand how to thrive in this changing environment. Business ecosystems offer organizations the opportunity to integrate technology into their day-to-day business operations and improve their research and business skills. The business ecosystem comprises a network of interconnected businesses that compete and cooperate to increase sales, improve profitability, and succeed in their markets. An ecosystem analysis is a business network analysis that includes the relationships between suppliers, distributors, and end users in the delivery of a product or service.
Regions and countries covered
North America (US, Canada), Europe (Germany, UK, France, Spain, Italy and Rest of Europe), Asia-Pacific (Japan, China, Australia, India, Rest of Asia- Pacific) and Rest of the world (Line)
Vinyl Chloride Monomer (VCM) Market Dynamics, Covid-19 Impact on the Vinyl Chloride Monomer (VCM) Market, Vendor Profiles, Vendor Assessment, Strategies, Technology Assessment, Product Mapping, Market Outlook Industry, Economic Analysis, Segmental Analysis, Vinyl Chloride Monomer (VCM) Market Sizing, Analysis Charts
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Supplier Profiles Covered
All major Tier 1, 2 and 3 companies are covered in this Vinyl Chloride Monomer (VCM) Market Report (25 Vendor Profiles)
Additional vendor profiles can be added based on customer business needs
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