Transparency Market Research Report Add "Vinyl Chloride Monomers (VCMs) Market - Global Industry Analysis, Size, Share, Growth, Trends And Forecast 2012 - 2018" to its database.
Albany, NY -- (SBWIRE) -- 07/05/2013 -- Vinyl chloride monomer (VCM) is a vital part of petrochemical industry. VCM is mainly used for producing poly vinyl chloride (PVC) which is mostly used in the construction and piping industry. It is also used in electrical, agricultural, and heath care sectors. Other minor uses of VCM include manufacture of ethylene diamine for the production of resins and manufacture of chlorinated solvents. VCM is produced by hydro-chlorination of acetylene and the de-hydro-chlorination of ethylene dichloride. This process is polluting the environment and is highly energy consuming but the low cost of coal fields gives an advantage to China.
Browse Report : http://www.transparencymarketresearch.com/vinyl-chloride-monomers.html
The global VCM market is expected to grow at a moderate rate with a single digit compounded annual growth rate (CAGR). Asia is the largest consumer of VCM, contributing more than 50% of the total VCM consumption, followed by North America and Europe. The high demand for PVC is the major driving force for the VCM industry. Almost all the VCM produced globally is used for PVC production. The United States is the largest manufacturer of VCM owing to lower prices of feedstock and technological development, followed by China. VCM growth in developing countries is higher than developed countries as demand for PVC production is higher due to booming infrastructure in these countries.
Substitution of PVC by traditional materials is the key driving force for the VCM industry. But lack of diversification in end-use industries and environmental and health issues will hinder the growth of industry in the near future. Technological development can overcome this barrier and many players in the market have already started taking initiatives in this regard. Other challenges faced by industry are volatility of feedstock prices and competition from other polyolefin’s hampering the VCMs capacity addition.
VCM market is highly consolidated as top five companies contribute more than half of the total VCM production. Some of the leading participants in the VCM industry include Occidental Chemical Corporation, Dow Chemicals, and Georgia Gulf Corporation.
This research report analyzes this market depending on its market segments, major geographies, and current market trends. Geographies analyzed under this research report include
Rest of the World
This report provides comprehensive analysis of
Market growth drivers
Factors limiting market growth
Current market trends
Market projections for upcoming years
Upcoming Market Research Reports : http://www.transparencymarketresearch.com/latest.php?type=U
This report is a complete study of current trends in the market, industry growth drivers, and restraints. It provides market projections for the coming years. It includes analysis of recent developments in technology, Porter’s five force model analysis and detailed profiles of top industry players. The report also includes a review of micro and macro factors essential for the existing market players and new entrants along with detailed value chain analysis.
Reasons for Buying this Report
This report provides pin-point analysis for changing competitive dynamics
It provides a forward looking perspective on different factors driving or restraining market growth
It provides a technological growth map over time to understand the industry growth rate
It provides a seven-year forecast assessed on the basis of how the market is predicted to grow
It helps in understanding the key product segments and their future
It provides pin point analysis of changing competition dynamics and keeps you ahead of competitors
It helps in making informed business decisions by having complete insights of market and by making in-depth analysis of market segments
It provides distinctive graphics and exemplified SWOT analysis of major market segments
For Market Research Blog :