Vinyl Chloride Monomer Market is estimated to witness lucrative growth from 2019 to 2025

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Vinyl Chloride Monomer Market will observe
substantial demand from 2019 to 2025 Global
Market Insights, Inc.
Fuel Cell Market size worth 25.5bn by 2024
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Regional Analysis of Plastic Dielectric Films
Market

• Asia Pacific is projected to be the major vinyl
  chloride monomer market due to high degree of
  industrialization and construction activities in
  Asia Pacific countries and presence of huge
  production capability of VCM in the region. On
  the other hand, U.S. is the principal VCM
  manufacturer on account of technological
  development and low-cost raw materials
  availability.
• Availability of inexpensive ethane feedstock
  derived from shale gas, has led to gradual
  expansion of the U.S. vinyl chloride and PVC
  production capacities which will ultimately boost
  exports during the forecast period.

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Application Analysis of Vinyl Chloride Monomer
Market

• Evolution in medical technologies which involves
  fabrication of medical equipment such as blood
  and intravenous bags, cardiac catheters, and
  artificial heart valves will augment product
  demand resulting in propelling market growth.
  Vinyl Chloride is described by the U.S.
  Department of Health and Human Services National
  Toxicology Program (NTP), as a known human
  carcinogen. Prolonged exposure to VCM in humans
  and animals is known to cause angiosarcoma of the
  liver. Environmental concerns such as carbon
  emission, global warming along with
  health-related issues are likely to hamper the
  global vinyl chloride monomer market size in the
  near future.
• Product act as a precursor to polyvinyl chloride
  (PVC), which is then utilized by building
  construction, automotive, healthcare, electrical
  sector etc. Growing applicability of PVC in such
  end-users for pipe fittings, floorings,
  windows, cable wires, floorings, tubes, etc.
  has created new possibilities for vinyl chloride
  monomer market. Growing industrial activities
  which involves piping in food chemical
  processing, landfill liners are likely to trigger
  product demand, thus likey to drive the overall
  vinyl chloride monomer (VCM) market size by 2025.

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Competitive Market Share of Vinyl Chloride
Monomer Market
Global vinyl chloride monomer market is highly
fragmented with presence of various industry
players at global as well as local levels. Key
players operating in this industry are Occidental
Chemical Corporation, AGC Chemicals, Jubail
Chevron Phillips, Ineos Styrolution,
Lyondellbasell Industries, Reliance Industries,
Qatar Vinyl Company Petroquimica Innovay, Bayer,
Nova Chemical, DowDupont, BASF, LG Chem, Formosa
Plastics Group, Axiall, Georgia Gulf Corporation
etc.
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Segments
Vinyl Chloride Monomer (VCM) Market, By Raw
Material, 2014-2025 (Kilo Tons) (USD
Million) Ethylene Chlorine Oxygen Others V
inyl Chloride Monomer (VCM) Market, By
Application, 2014-2025 (Kilo Tons) (USD
Million) Building construction Healthcare
Agriculture Electrical Electronics Consumer
durables Others
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