Vinyl Chloride Monomer Market Size will Grow at a Lucrative CAGR through 2025

Vinyl chloride monomer is considered one of the most significant commodity chemicals available in the chemical industry. It is a colorless, flammable gas at room temperature. Vinyl chloride monomer is primarily used in the production of polyvinyl chloride, is employed mainly in the building & construction industry.

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The global vinyl chloride monomer market witnessed modest expansion in 2016. This trend is estimated to continue during the forecast period. Asia Pacific is expected to account for significant share of the global vinyl chloride monomer with major contribution from China. This high demand can be ascribed to the easy availability of raw materials and increase in urbanization. Expansion in the building & construction industry in Asia Pacific is estimated to propel the market for vinyl chloride monomer. North America maintains a low production cost position in chlorine and ethylene raw materials.

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Key players operating in the vinyl chloride monomer market include Bayer AG, Mexichem, Nova Chemical, and Chemson Group.

The global vinyl chloride monomer market witnessed modest expansion in 2016. This trend is estimated to continue during the forecast period. Asia Pacific is expected to account for significant share of the global vinyl chloride monomer with major contribution from China. This high demand can be ascribed to the easy availability of raw materials and increase in urbanization. Expansion in the building & construction industry in Asia Pacific is estimated to propel the market for vinyl chloride monomer. North America maintains a low production cost position in chlorine and ethylene raw materials.

The global vinyl chloride monomer market witnessed modest expansion in 2016. This trend is estimated to continue during the forecast period. Asia Pacific is expected to account for significant share of the global vinyl chloride monomer with major contribution from China. This high demand can be ascribed to the easy availability of raw materials and increase in urbanization. Expansion in the building & construction industry in Asia Pacific is estimated to propel the market for vinyl chloride monomer. North America maintains a low production cost position in chlorine and ethylene raw materials.

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