Vinyl Chloride Monomer VCM

Vinyl Chloride Monomer VCM Market Outlook

The global Vinyl Chloride Monomer (VCM) market was valued at approximately USD 15 billion in 2022 and is projected to reach around USD 22 billion by 2035, exhibiting a Compound Annual Growth Rate (CAGR) of approximately 5.5% during the forecast period from 2025 to 2035. The growth of this market can be attributed to the increasing demand for polyvinyl chloride (PVC) in various applications, particularly in construction and automotive industries. Moreover, the surging need for durable and lightweight materials in packaging is further propelling the VCM market's expansion. Technological advancements in manufacturing processes are also expected to enhance production efficiency, leading to lower costs and increased competitiveness. Furthermore, growing urbanization and infrastructure development in emerging economies are contributing to the rising consumption of VCM across multiple sectors.

Growth Factor of the Market

One of the primary growth factors for the Vinyl Chloride Monomer market is the escalating demand for PVC, which is derived from VCM and is extensively used in construction materials, such as pipes, window frames, and flooring. The robust growth of the construction sector in developing regions, bolstered by government initiatives and investments in infrastructure, is significantly driving the consumption of PVC. Additionally, the automotive sector's growing emphasis on lightweight materials for improving fuel efficiency is creating new avenues for VCM usage. The increased focus on sustainable materials also plays a vital role, as manufacturers are now inclined toward producing recyclable and environmentally friendly products, further promoting the use of VCM. Moreover, technological innovations aimed at enhancing the efficiency and sustainability of production processes are likely to stimulate market growth in the coming years.

Key Highlights of the Market

• The global VCM market is expected to grow at a CAGR of 5.5% from 2025 to 2035.
• Increasing demand for PVC in construction and automotive sectors drives VCM growth.
• Technological advancements are improving production efficiency and reducing costs.
• Urbanization and infrastructure development in emerging economies are key growth drivers.
• The push for sustainable materials is enhancing market opportunities for VCM.

By Product Type

PVC:

Polyvinyl chloride (PVC) is the most significant product type derived from Vinyl Chloride Monomer, accounting for the largest share of the VCM market. PVC is widely utilized in construction materials, such as pipes, window profiles, and flooring, due to its durability, chemical resistance, and versatility. The growing construction industry, particularly in emerging economies, has substantially increased the demand for PVC products, thereby boosting VCM consumption. Additionally, PVC's applications extend beyond construction to sectors such as healthcare, automotive, and electrical, which further reinforces its position as a leading product type in the VCM market. Innovations in PVC formulations are also enhancing its performance characteristics, making it suitable for a broader range of applications.

PVB:

Polyvinyl butyral (PVB) is another crucial product derived from Vinyl Chloride Monomer, primarily used as an interlayer in laminated glass. The increasing demand for safety glass in the automotive and construction industries is driving the growth of PVB. Its excellent adhesive properties and transparency make it ideal for use in applications that require impact resistance and safety. Moreover, the rising need for energy-efficient buildings and vehicles is further propelling the demand for PVB, as laminated glass can enhance insulation and reduce energy consumption. The continuous advancements in PVB production techniques are expected to bolster its market position and drive VCM consumption.

PVDC:

Polyvinylidene chloride (PVDC) is a specialty polymer derived from Vinyl Chloride Monomer, known for its exceptional barrier properties against moisture, gases, and flavors. It is predominantly used in packaging applications, particularly in food packaging, where it plays a vital role in extending shelf life and preserving product integrity. The growing trend toward high-performance packaging solutions in the food and pharmaceutical sectors is significantly driving the demand for PVDC. Additionally, as consumers become more health-conscious and demand better quality products, the need for effective barrier materials is expected to rise, consequently boosting the uptake of PVDC and, in turn, VCM consumption.

PVDF:

Polyvinylidene fluoride (PVDF) is a high-performance fluoropolymer that exhibits excellent chemical resistance, thermal stability, and mechanical properties, making it suitable for various industrial applications. The demand for PVDF is primarily driven by its use in the electrical and electronics industry, where it is employed as insulation for wires and cables. Its unique properties also make it an ideal choice for applications in the chemical processing and oil and gas sectors. As industries increasingly prioritize performance materials that can withstand harsh environments, the market for PVDF is anticipated to grow, further contributing to the Vinyl Chloride Monomer market due to its dependence on VCM.

Others:

Other product types derived from Vinyl Chloride Monomer include various specialty chemicals and copolymers that serve niche applications across different industries. These products, while not as predominant as PVC, PVB, PVDC, or PVDF, contribute to the overall VCM consumption by catering to specific market needs. The continuous development of innovative products and formulations from VCM-based chemicals is expected to augment the market's diversity and provide additional growth opportunities as industries seek customized solutions that meet their particular requirements.

By Application

Pipes & Fittings:

The application of Vinyl Chloride Monomer in pipes and fittings represents one of the largest segments within the market. PVC, derived from VCM, is extensively used in the manufacture of various types of pipes, including drainage, sewage, and pressure pipes due to its lightweight, durability, and resistance to corrosion and chemicals. The rapid growth of the construction sector, alongside an increase in infrastructure projects, particularly in developing countries, is driving the demand for PVC pipes and fittings. Additionally, the push for sustainable construction practices and the preference for cost-effective solutions are further enhancing the market prospects for VCM in this application area.

Wire & Cable:

In the wire and cable application segment, Vinyl Chloride Monomer plays a significant role as PVC is widely used as an insulation material. The electrical and electronics industry requires high-performance insulation solutions to ensure safety and efficiency in electrical applications. The increasing demand for electrical wiring in residential and commercial construction, along with the growing adoption of renewable energy solutions, is expected to drive the VCM market in this segment. Moreover, the emerging trends in energy-efficient buildings and smart homes will further enhance the need for insulated wires and cables, propelling VCM consumption.

Films & Sheets:

PVC films and sheets derived from Vinyl Chloride Monomer are widely used in packaging applications, construction, and automotive industries. The versatility of PVC allows for the production of flexible, durable, and lightweight films that cater to various needs, including food packaging, protective covers, and decorative sheets. The growing demand for flexible packaging solutions in the food and consumer goods sectors is significantly contributing to the VCM market in this application. Additionally, advancements in film technology are enabling manufacturers to produce high-barrier films that offer enhanced protection, thereby stimulating further growth in VCM consumption.

Automotive:

In the automotive sector, Vinyl Chloride Monomer is essential for producing various components such as interior and exterior trims, dashboards, and window profiles. The lightweight nature of PVC helps in improving fuel efficiency, which has become a critical factor for automotive manufacturers amid growing environmental concerns and regulatory pressures. As the automotive industry continues to evolve towards sustainability and the adoption of electric vehicles, the demand for lightweight and durable materials is expected to increase, thereby driving the VCM market in this application segment. Moreover, the trend toward custom interior designs will also enhance the consumption of PVC in automotive applications.

Others:

Other applications of Vinyl Chloride Monomer encompass a range of industries, including healthcare, consumer goods, and construction materials. Specialty PVC products are used in medical devices, flooring, and furniture, highlighting the polymer's adaptability. As diverse industries seek innovative solutions, the demand for VCM in these areas is expected to grow, further broadening its application scope. The emphasis on high-performance materials that cater to specific needs will continue to drive VCM consumption beyond traditional applications.

By Manufacturing Process

Direct Chlorination:

The direct chlorination process is one of the principal methods for producing Vinyl Chloride Monomer. In this process, ethylene is reacted with chlorine to produce VCM directly, resulting in a more straightforward and efficient production pathway. This method is favored for its ability to yield high purity VCM with fewer by-products, making it a preferred choice among manufacturers. The growing demand for PVC in construction and packaging applications is driving the need for efficient production processes like direct chlorination, which is expected to positively influence the overall VCM market.

Ethylene Dichloride (EDC) Pyrolysis:

The EDC pyrolysis method involves the thermal cracking of ethylene dichloride to produce Vinyl Chloride Monomer. This process is significant as it allows for the recycling of by-products from other chemical processes, making it a more sustainable option. The increasing focus on environmental sustainability and resource efficiency is driving manufacturers to adopt EDC pyrolysis, contributing to the growth of the VCM market. Furthermore, the ability to utilize lower-grade feedstocks and achieve higher yields enhances this method's attractiveness, ensuring consistent production levels to meet market demands.

Acetylene Hydrochlorination:

Acetylene hydrochlorination is a lesser-used method for producing Vinyl Chloride Monomer, where acetylene reacts with hydrogen chloride in the presence of a catalyst. Although it offers an alternative route for VCM production, its adoption is limited due to the higher costs associated with acetylene and the complexities involved in the process. However, as production technologies evolve, this method may see increased usage, particularly in regions with abundant acetylene resources. The advancement of process technologies could drive innovation within this segment, potentially impacting the VCM market in the long run.

By Ethylene Dichloride

EDC as a Key Intermediate:

Ethylene dichloride (EDC) is a crucial intermediate in the production of Vinyl Chloride Monomer and, consequently, PVC. The production process utilizes EDC as a feedstock, making it an essential component in the overall VCM landscape. The growing demand for PVC in construction, packaging, and automotive industries is driving the need for EDC, as it serves as a precursor in VCM synthesis. Furthermore, the ongoing investments in EDC production technologies are expected to bolster the VCM market, ensuring a steady supply of this essential intermediate for various applications.

EDC Production Growth:

The growth of Ethylene Dichloride production is closely tied to the expansion of the Vinyl Chloride Monomer market. As VCM consumption rises, the need for EDC will also increase to maintain production levels. The continuous demand for PVC products will drive investments in EDC production facilities, leading to technological innovations aimed at enhancing efficiency and sustainability. The focus on reducing environmental impact throughout the production process will also play a significant role in shaping the future of EDC and its contribution to the overall VCM market. As manufacturers increasingly prioritize eco-friendly practices, the future of EDC production appears promising, supporting the growth of the VCM market.

By Use Industry

Construction:

The construction industry is the largest end-use sector for Vinyl Chloride Monomer, primarily due to the extensive use of PVC in various applications such as pipes, vinyl siding, and flooring. The growing global population and urbanization trends are driving increased construction activities, which significantly impacts VCM consumption. Additionally, the focus on sustainable building materials and energy-efficient solutions is promoting the use of PVC, further augmenting demand. As infrastructure projects continue to rise, particularly in developing regions, the construction industry's reliance on VCM-derived products is expected to drive substantial market growth.

Automotive:

In the automotive industry, Vinyl Chloride Monomer is integral for producing lightweight components that enhance vehicle performance and fuel efficiency. As the automotive sector evolves, the demand for high-quality materials that meet safety standards and consumer expectations is increasing. The trend toward electric vehicles and the use of advanced polymers in automotive applications are set to drive VCM consumption in this sector. Moreover, the focus on reducing vehicle weight to improve mileage and lower emissions will continue to enhance the significance of VCM-derived products in the automotive industry, establishing a strong growth trajectory for the market.

Packaging:

The packaging industry is another significant end-user of Vinyl Chloride Monomer, primarily due to the demand for flexible and rigid packaging solutions made from PVC. With the growing consumer preference for packaged goods, especially in the food and beverage sector, the requirement for durable and versatile packaging materials is driving VCM consumption. Furthermore, the emphasis on product freshness and safety is necessitating the use of high-performance packaging materials, where PVC plays a vital role. As sustainability becomes a focal point in packaging design, the demand for recyclable materials will further influence VCM consumption in this industry.

Electrical & Electronics:

In the electrical and electronics sector, Vinyl Chloride Monomer is crucial for producing insulation and sheathing materials for wires and cables. The increasing demand for electricity and the expansion of renewable energy projects are driving the need for high-quality electrical components, consequently boosting VCM consumption. Additionally, the trend towards smart homes and energy-efficient buildings will create further demand for insulated cables, making the electrical and electronics industry a significant end-user of VCM-derived products. As technology continues to advance, the need for innovative materials that enhance performance and safety will spur growth in this segment.

Others:

Other end-use industries for Vinyl Chloride Monomer include healthcare, consumer products, and furniture manufacturing. Specialty PVC products are utilized in medical devices, flooring, and various consumer goods, highlighting the polymer's versatility. As diverse industries seek innovative and high-quality solutions, the demand for VCM in these areas is expected to increase, further broadening its application scope. The continuous development of new formulations and products derived from VCM will cater to the evolving needs of these industries, driving market growth.

By Region

The regional analysis of the Vinyl Chloride Monomer market indicates that North America holds a significant share, primarily due to the strong presence of key manufacturers and the high demand for PVC in the construction and automotive sectors. The North American VCM market is projected to grow at a CAGR of 4.5% during the forecast period, fueled by the continuous investment in infrastructure development and technological advancements in production processes. The U.S., being the largest consumer of PVC, plays a vital role in shaping the regional market dynamics, with increasing regulatory emphasis on sustainable materials further driving VCM consumption.

In Europe, the demand for Vinyl Chloride Monomer is significantly influenced by stringent environmental regulations and a growing emphasis on recycling and sustainability. The European VCM market is expected to expand at a CAGR of 5.0%, driven by the increasing use of PVC in construction and packaging applications. The ongoing transition toward a circular economy and the push for eco-friendly materials are expected to create opportunities for VCM manufacturers to innovate and adapt to changing market needs. Meanwhile, the Asia Pacific region is anticipated to witness the highest growth rate, attributed to rapid urbanization, infrastructural development, and the growing automotive sector, making it a key market for VCM.

Opportunities

The opportunities in the Vinyl Chloride Monomer market are significantly influenced by technological advancements and the growing emphasis on sustainable manufacturing practices. The ongoing innovations in production processes, such as the development of more efficient and eco-friendly methods for synthesizing VCM, present manufacturers with the chance to enhance their operational efficiencies and reduce costs. Additionally, the increasing demand for high-performance PVC products across various industries offers lucrative opportunities for VCM producers to expand their product portfolio and cater to evolving market needs. As businesses increasingly prioritize sustainability, the opportunity for VCM manufacturers to contribute to eco-friendly solutions will drive market growth in the coming years.

Moreover, the growing focus on infrastructure development in emerging economies presents a significant opportunity for the Vinyl Chloride Monomer market. With rising populations and urbanization, the demand for construction materials, particularly PVC, is expected to surge. This trend will create new market avenues for VCM manufacturers to tap into. Additionally, the expanding automotive sector, driven by the shift towards lightweight materials, will provide further growth opportunities. As industries continue to innovate and seek customized solutions, the Vinyl Chloride Monomer market is poised for robust growth, contingent on manufacturers' ability to adapt to changing demands and leverage emerging trends effectively.

Threats

One of the predominant threats to the Vinyl Chloride Monomer market is the increasing regulatory scrutiny surrounding the production and utilization of PVC due to environmental concerns. The environmental impact of PVC, particularly regarding its production processes and end-of-life disposal, has led to heightened regulations in various regions. Manufacturers may face challenges in complying with these regulations, which could lead to increased operational costs and potential market entry barriers. Additionally, the growing awareness among consumers regarding sustainable practices may lead to a decline in demand for traditional PVC products, prompting manufacturers to adapt quickly to maintain their market positions.

Another potential threat to the VCM market lies in the availability and volatility of raw materials. The production of Vinyl Chloride Monomer relies heavily on ethylene and chlorine, which are subject to price fluctuations and supply chain disruptions. Any significant increase in the costs of these raw materials could negatively impact production costs and, consequently, pricing strategies. Furthermore, geopolitical tensions and trade disputes may disrupt the supply chain, leading to inconsistencies in production and distribution. Manufacturers must navigate these challenges carefully to sustain their competitive advantage in a rapidly evolving market landscape.

Competitor Outlook

• Dow Chemical Company
• Westlake Chemical Corporation
• Formosa Plastics Corporation
• Shin-Etsu Chemical Co., Ltd.
• Occidental Petroleum Corporation
• INEOS Group Holdings S.A.
• PolyOne Corporation
• Evonik Industries AG
• Aliaxis Group S.A.
• China National Chemical Corporation
• Solvay S.A.
• LG Chem Ltd.
• Kaneka Corporation
• Hanwha Solutions Corporation
• PVC Group

The competitive landscape of the Vinyl Chloride Monomer market is characterized by the presence of numerous established players, as well as emerging companies striving to gain market share through innovation and technological advancements. Companies such as Dow Chemical Company and Westlake Chemical Corporation dominate the market due to their extensive production capacities and strong distribution networks. These companies are continually investing in research and development to enhance their manufacturing processes and product offerings, enabling them to stay ahead of the competition. Furthermore, strategic partnerships and collaborations among industry players are becoming increasingly common as companies aim to leverage each other's strengths to expand their market presence and meet evolving customer demands.

Formosa Plastics Corporation and Shin-Etsu Chemical Co., Ltd. are also significant competitors in the market, recognized for their commitment to sustainable practices and product innovation. Formosa, for instance, has been at the forefront of developing eco-friendly PVC alternatives, addressing the rising consumer awareness regarding environmental issues. On the other hand, Shin-Etsu has focused on enhancing the performance characteristics of its PVC products to cater to specialized applications in various industries. Such efforts not only underscore the importance of innovation in maintaining market competitiveness but also highlight the growing trend towards sustainability within the industry.

Moreover, companies like INEOS Group Holdings S.A. and Occidental Petroleum Corporation are actively involved in expanding their capacities and diversifying their product portfolios to capture a larger share of the Vinyl Chloride Monomer market. By investing in advanced production technologies and enhancing operational efficiencies, these companies aim to improve their margins while addressing the increasing demand for VCM-driven products across diverse applications. As the global market continues to evolve, maintaining a strong competitive edge will be crucial for these companies to achieve long-term growth and profitability.

• 1 Appendix

  • 1.1 List of Tables
  • 1.2 List of Figures

• 2 Introduction

  • 2.1 Market Definition
  • 2.2 Scope of the Report
  • 2.3 Study Assumptions
  • 2.4 Base Currency & Forecast Periods

• 3 Market Dynamics

  • 3.1 Market Growth Factors
  • 3.2 Economic & Global Events
  • 3.3 Innovation Trends
  • 3.4 Supply Chain Analysis

• 4 Consumer Behavior

  • 4.1 Market Trends
  • 4.2 Pricing Analysis
  • 4.3 Buyer Insights

• 5 Key Player Profiles

  • 5.1 PVC Group
    • 5.1.1 Business Overview
    • 5.1.2 Products & Services
    • 5.1.3 Financials
    • 5.1.4 Recent Developments
    • 5.1.5 SWOT Analysis
  • 5.2 Solvay S.A.
    • 5.2.1 Business Overview
    • 5.2.2 Products & Services
    • 5.2.3 Financials
    • 5.2.4 Recent Developments
    • 5.2.5 SWOT Analysis
  • 5.3 LG Chem Ltd.
    • 5.3.1 Business Overview
    • 5.3.2 Products & Services
    • 5.3.3 Financials
    • 5.3.4 Recent Developments
    • 5.3.5 SWOT Analysis
  • 5.4 Aliaxis Group S.A.
    • 5.4.1 Business Overview
    • 5.4.2 Products & Services
    • 5.4.3 Financials
    • 5.4.4 Recent Developments
    • 5.4.5 SWOT Analysis
  • 5.5 Kaneka Corporation
    • 5.5.1 Business Overview
    • 5.5.2 Products & Services
    • 5.5.3 Financials
    • 5.5.4 Recent Developments
    • 5.5.5 SWOT Analysis
  • 5.6 PolyOne Corporation
    • 5.6.1 Business Overview
    • 5.6.2 Products & Services
    • 5.6.3 Financials
    • 5.6.4 Recent Developments
    • 5.6.5 SWOT Analysis
  • 5.7 Dow Chemical Company
    • 5.7.1 Business Overview
    • 5.7.2 Products & Services
    • 5.7.3 Financials
    • 5.7.4 Recent Developments
    • 5.7.5 SWOT Analysis
  • 5.8 Evonik Industries AG
    • 5.8.1 Business Overview
    • 5.8.2 Products & Services
    • 5.8.3 Financials
    • 5.8.4 Recent Developments
    • 5.8.5 SWOT Analysis
  • 5.9 INEOS Group Holdings S.A.
    • 5.9.1 Business Overview
    • 5.9.2 Products & Services
    • 5.9.3 Financials
    • 5.9.4 Recent Developments
    • 5.9.5 SWOT Analysis
  • 5.10 Formosa Plastics Corporation
    • 5.10.1 Business Overview
    • 5.10.2 Products & Services
    • 5.10.3 Financials
    • 5.10.4 Recent Developments
    • 5.10.5 SWOT Analysis
  • 5.11 Hanwha Solutions Corporation
    • 5.11.1 Business Overview
    • 5.11.2 Products & Services
    • 5.11.3 Financials
    • 5.11.4 Recent Developments
    • 5.11.5 SWOT Analysis
  • 5.12 Shin-Etsu Chemical Co., Ltd.
    • 5.12.1 Business Overview
    • 5.12.2 Products & Services
    • 5.12.3 Financials
    • 5.12.4 Recent Developments
    • 5.12.5 SWOT Analysis
  • 5.13 Westlake Chemical Corporation
    • 5.13.1 Business Overview
    • 5.13.2 Products & Services
    • 5.13.3 Financials
    • 5.13.4 Recent Developments
    • 5.13.5 SWOT Analysis
  • 5.14 Occidental Petroleum Corporation
    • 5.14.1 Business Overview
    • 5.14.2 Products & Services
    • 5.14.3 Financials
    • 5.14.4 Recent Developments
    • 5.14.5 SWOT Analysis
  • 5.15 China National Chemical Corporation
    • 5.15.1 Business Overview
    • 5.15.2 Products & Services
    • 5.15.3 Financials
    • 5.15.4 Recent Developments
    • 5.15.5 SWOT Analysis

• 6 Market Segmentation

  • 6.1 Vinyl Chloride Monomer VCM Market, By Application
    • 6.1.1 Pipes & Fittings
    • 6.1.2 Wire & Cable
    • 6.1.3 Films & Sheets
    • 6.1.4 Automotive
    • 6.1.5 Others
  • 6.2 Vinyl Chloride Monomer VCM Market, By Use Industry
    • 6.2.1 Construction
    • 6.2.2 Automotive
    • 6.2.3 Packaging
    • 6.2.4 Electrical & Electronics
    • 6.2.5 Others
  • 6.3 Vinyl Chloride Monomer VCM Market, By Manufacturing Process
    • 6.3.1 Direct Chlorination
    • 6.3.2 Ethylene Dichloride (EDC) Pyrolysis
    • 6.3.3 Acetylene Hydrochlorination

• 7 Competitive Analysis

  • 7.1 Key Player Comparison
  • 7.2 Market Share Analysis
  • 7.3 Investment Trends
  • 7.4 SWOT Analysis

• 8 Research Methodology

  • 8.1 Analysis Design
  • 8.2 Research Phases
  • 8.3 Study Timeline

• 9 Future Market Outlook

  • 9.1 Growth Forecast
  • 9.2 Market Evolution

• 10 Geographical Overview

  • 10.1 Europe - Market Analysis
    • 10.1.1 By Country
      • 10.1.1.1 UK
      • 10.1.1.2 France
      • 10.1.1.3 Germany
      • 10.1.1.4 Spain
      • 10.1.1.5 Italy
  • 10.2 Asia Pacific - Market Analysis
    • 10.2.1 By Country
      • 10.2.1.1 India
      • 10.2.1.2 China
      • 10.2.1.3 Japan
      • 10.2.1.4 South Korea
  • 10.3 Latin America - Market Analysis
    • 10.3.1 By Country
      • 10.3.1.1 Brazil
      • 10.3.1.2 Argentina
      • 10.3.1.3 Mexico
  • 10.4 North America - Market Analysis
    • 10.4.1 By Country
      • 10.4.1.1 USA
      • 10.4.1.2 Canada
  • 10.5 Middle East & Africa - Market Analysis
    • 10.5.1 By Country
      • 10.5.1.1 Middle East
      • 10.5.1.2 Africa
  • 10.6 Vinyl Chloride Monomer VCM Market by Region

• 11 Global Economic Factors

  • 11.1 Inflation Impact
  • 11.2 Trade Policies

• 12 Technology & Innovation

  • 12.1 Emerging Technologies
  • 12.2 AI & Digital Trends
  • 12.3 Patent Research

• 13 Investment & Market Growth

  • 13.1 Funding Trends
  • 13.2 Future Market Projections

• 14 Market Overview & Key Insights

  • 14.1 Executive Summary
  • 14.2 Key Trends
  • 14.3 Market Challenges
  • 14.4 Regulatory Landscape

Segments Analyzed in the Report

The global Vinyl Chloride Monomer VCM market is categorized based on

By Application

• Pipes & Fittings
• Wire & Cable
• Films & Sheets
• Automotive
• Others

By Manufacturing Process

• Direct Chlorination
• Ethylene Dichloride (EDC) Pyrolysis
• Acetylene Hydrochlorination

By Use Industry

• Construction
• Automotive
• Packaging
• Electrical & Electronics
• Others

By Region

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa

Key Players

• Dow Chemical Company
• Westlake Chemical Corporation
• Formosa Plastics Corporation
• Shin-Etsu Chemical Co., Ltd.
• Occidental Petroleum Corporation
• INEOS Group Holdings S.A.
• PolyOne Corporation
• Evonik Industries AG
• Aliaxis Group S.A.
• China National Chemical Corporation
• Solvay S.A.
• LG Chem Ltd.
• Kaneka Corporation
• Hanwha Solutions Corporation
• PVC Group