North America Vinyl Chloride Monomer Market

Market Overview:

The North America vinyl chloride monomer market grew at a CAGR of around 3% during 2015-2020. Vinyl chloride, also known as chloroethylene, chloroethene, and ethylene monochloride, refers to a colorless gas used for producing commercial polymers. Vinyl chloride monomers (VCM) are manufactured through thermal cracking of ethylene dichloride and is primarily used as a precursor to polyvinyl chloride (PVC). They are also adopted in the production of ethylenediamine and chlorinated solvents. As a result, vinyl chloride monomers are extensively utilized for numerous applications pertaining to construction, electrical transmission, agriculture, healthcare, etc.

In North America, the expanding construction industry has augmented the demand for PVC in pipes and fittings, floorings, cables and wires, doors and windows, etc., thereby driving the market for VCM. Furthermore, the growing installation of pipes and tubes across diverse industries, such as food processing, petrochemical, water treatment, power transmission, etc., is also propelling the product demand in the region. Apart from this, the wide presence of advanced healthcare infrastructures in North America is further catalyzing the use of VCM in the fabrication of several medical equipment, including blood and intravenous bags, cardiac catheters, artificial heart valves, etc. Additionally, the introduction of favorable government policies for promoting sustainable construction techniques to control carbon emissions is bolstering the need for safer product variants. Looking forward, IMARC Group expects the North America vinyl chloride market to continue its steady growth in the next five years.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the North America vinyl chloride monomer market report, along with forecasts for growth at the region level from 2021-2026. Our report has categorized the market based on region, product type and application.

Breakup by Product Type:

• Ethylene-based
• Acetylene-based
   

Breakup by Application:

• PolyVinyl Chloride (PVC)
• Vinylidene Chloride
• Others
   

Breakup by Country:

• United States
• Canada
   

Competitive Landscape:

The report has also analyzed the competitive landscape of the market with some of the key players being Formosa Plastics Corporation U.S.A, Occidental Petroleum Corporation, Olin Corporation, Shintech Incorporated and Westlake Chemical Corporation.

Key Questions Answered in This Report:

• How has the North America vinyl chloride monomer market performed so far and how will it perform in the coming years?
• What has been the impact of COVID-19 on the North America vinyl chloride monomer market?
• What are the key regional markets?
• What is the breakup of the market based on the product type?
• What is the breakup of the market based on the application?
• What are the various stages in the value chain of the industry?
• What are the key driving factors and challenges in the industry?
• What is the structure of the North America vinyl chloride monomer market and who are the key players?
• What is the degree of competition in the industry?

1    Preface
2    Scope and Methodology
    2.1    Objectives of the Study
    2.2    Stakeholders
    2.3    Data Sources
        2.3.1    Primary Sources
        2.3.2    Secondary Sources
    2.4    Market Estimation
        2.4.1    Bottom-Up Approach
        2.4.2    Top-Down Approach
    2.5    Forecasting Methodology
3    Executive Summary
4    Introduction
    4.1    Overview
    4.2    Key Industry Trends
5    North America Vinyl Chloride Monomer Market
    5.1    Market Overview    
    5.2    Market Performance
    5.3    Impact of COVID 19
    5.4    Market Forecast
6   Market Breakup by Product Type
    6.1    Ethylene-based
        6.1.1 Market Trends
        6.1.2 Market Forecast
    6.2    Acetylene-based
        6.2.1 Market Trends
        6.2.2 Market Forecast
7   Market Breakup by Application
    7.1    PolyVinyl Chloride (PVC) 
        7.1.1 Market Trends
        7.1.2 Market Forecast
    7.2    Vinylidene Chloride 
        7.2.1 Market Trends
        7.2.2 Market Forecast
    7.3    Others
        7.3.1 Market Trends
        7.3.2 Market Forecast
8    Market Breakup by Country
    8.1    United States
        8.1.1 Market Trends
        8.1.2 Market Breakup by Product Type
        8.1.3 Market Breakup by Application
        8.1.4 Market Forecast
    8.2    Canada
        8.2.1 Market Trends
        8.2.2 Market Breakup by Product Type
        8.2.3 Market Breakup by Application
        8.2.4 Market Forecast
9    SWOT Analysis
    9.1    Overview
    9.2    Strengths
    9.3    Weaknesses
    9.4    Opportunities
    9.5    Threats
10   Value Chain Analysis
11   Porter’s Five Forces Analysis
    11.1    Bargaining Power of Buyers
    11.2    Bargaining Power of Suppliers
    11.3    Degree of Competition
    11.4    Threat of New Entrants
    11.5    Threat of Substitutes
12   Competitive Landscape
    12.1    Market Structure
    12.2    Key Players
    12.3    Profiles of Key Players
        12.3.1  Formosa Plastics Corporation U.S.A
            12.3.1.1 Company Overview
            12.3.1.2 Product Portfolio
            12.3.1.3 Financials
            12.3.1.4 SWOT Analysis
        12.3.2  Occidental Petroleum Corporation
            12.3.2.1 Company Overview
            12.3.2.2 Product Portfolio
            12.3.2.3 Financials
            12.3.2.4 SWOT Analysis
        12.3.3  Olin Corporation
            12.3.3.1 Company Overview
            12.3.3.2 Product Portfolio
            12.3.3.3 Financials
            12.3.3.4 SWOT Analysis
        12.3.4  Shintech Incorporated
            12.3.4.1 Company Overview
            12.3.4.2 Product Portfolio
            12.3.4.3 Financials
            12.3.4.4 SWOT Analysis
        12.3.5  Westlake Chemical Corporation
            12.3.5.1 Company Overview
            12.3.5.2 Product Portfolio
            12.3.5.3 Financials

List of Figures

Figure 1: North America: Vinyl Chloride Monomer Market: Major Drivers and Challenges
Figure 2: North America: Vinyl Chloride Monomer Market: Production Volume (in Million Tons), 2015-2020
Figure 3: North America: Vinyl Chloride Monomer Market: Consumption Volume (in Million Tons), 2015-2020
Figure 4: North America: Vinyl Chloride Monomer Market: Consumption Value (in Billion US$), 2015-2020
Figure 5: North America: Vinyl Chloride Monomer Market: Breakup by Product Type (in %), 2020
Figure 6: North America: Vinyl Chloride Monomer Market: Breakup by Application (in %), 2020
Figure 7: North America: Vinyl Chloride Monomer Market: Breakup by Country (in %), 2020
Figure 8: North America: Vinyl Chloride Monomer Market Forecast: Production Volume (in Million Tons), 2021-2026
Figure 9: North America: Vinyl Chloride Monomer Market Forecast: Consumption Volume (in Million Tons), 2021-2026
Figure 10: North America: Vinyl Chloride Monomer Market Forecast: Consumption Value (in Billion US$), 2021-2026
Figure 11: North America: Vinyl Chloride Monomer (Ethylene-based) Market: Volume Trends (in Million Tons), 2015 & 2020
Figure 12: North America: Vinyl Chloride Monomer (Ethylene-based) Market Forecast: Volume Trends (in Million Tons), 2021-2026
Figure 13: North America: Vinyl Chloride Monomer (Acetylene-based) Market: Volume Trends (in Million Tons), 2015 & 2020
Figure 14: North America: Vinyl Chloride Monomer (Acetylene-based) Market Forecast: Volume Trends (in Million Tons), 2021-2026
Figure 15: North America: Vinyl Chloride Monomer (PVC) Market: Volume Trends (in Million Tons), 2015 & 2020
Figure 16: North America: Vinyl Chloride Monomer (PVC) Market Forecast: Volume Trends (in Million Tons), 2021-2026
Figure 17: North America: Vinyl Chloride Monomer (Vinylidene Chloride Industry) Market: Volume Trends (in Million Tons), 2015 & 2020
Figure 18: North America: Vinyl Chloride Monomer (Vinylidene Chloride Industry) Market Forecast: Volume Trends (in Million Tons), 2021-2026
Figure 19: North America: Vinyl Chloride Monomer (Other Applications) Market: Volume Trends (in Million Tons), 2015 & 2020
Figure 20: North America: Vinyl Chloride Monomer (Other Applications) Market Forecast: Volume Trends (in Million Tons), 2021-2026
Figure 21: United States: Vinyl Chloride Monomer Market: Volume Trends (in Million Tons), 2015 & 2020
Figure 22: United States: Vinyl Chloride Monomer Market: Breakup by Product Type (in %), 2020
Figure 23: United States: Vinyl Chloride Monomer Market: Breakup by Application (in %), 2020
Figure 24: United States: Vinyl Chloride Monomer Market Forecast: Volume Trends (in Million Tons), 2021-2026
Figure 25: Canada: Vinyl Chloride Monomer Market: Volume Trends (in Million Tons), 2015 & 2020
Figure 26: Canada: Vinyl Chloride Monomer Market: Breakup by Product Type (in %), 2020
Figure 27: Canada: Vinyl Chloride Monomer Market: Breakup by Application (in %), 2020
Figure 28: Canada: Vinyl Chloride Monomer Market Forecast: Volume Trends (in Million Tons), 2021-2026
Figure 29: North America: Vinyl Chloride Monomer Market: SWOT Analysis
Figure 30: North America: Vinyl Chloride Monomer Market: Value Chain Analysis
Figure 31: North America: Vinyl Chloride Monomer Market: Porter’s Five Forces Analysis

List of Tables

Table 1: North America: Vinyl Chloride Monomer Market: Key Industry Highlights, 2020 and 2026
Table 2: North America: Vinyl Chloride Monomer Market Forecast: Breakup by Product Type (in Million Tons), 2021-2026
Table 3: North America: Vinyl Chloride Monomer Market Forecast: Breakup by Application (in Million Tons), 2021-2026
Table 4: North America: Vinyl Chloride Monomer Market Forecast: Breakup by Country (in Billion US$), 2021-2026
Table 5: North America: VCM Market: Competitive Structure
Table 6: North America: VCM Market: Key Players