Vinyl Chloride Monomer (VCM) Global Market Dynamics to 2020

Global VCM Demand is Expected to Grow at a CAGR of 5.4% until 2020
By: Rajesh Gunnam
 
Dec. 9, 2010 - PRLog -- Global VCM demand in the year 2000 was 20.7 million tons. It grew at a CAGR of 3.8% from 2000 to 2009. Demand in the year 2009 reached 29 million tons. Global VCM demand is expected to grow at a CAGR of 5.4% from 2009 to 2020.

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Global VCM demand in the year 2009 was 29 million tons. Demand in Asia Pacific was largest in 2009, followed by North America. VCM demand in Asia Pacific in 2009 was 16.4 million tons. The share of Asia Pacific was thus 56.4%. North America had a demand of 5.9 million tons and its share was 20.3%. Europe had a VCM demand of 4.8 million tons, followed by South and Central America with a demand of 1.2 million tons, and the Middle East with a demand of 0.8 million tons. Europe had a demand share of 16.5%, followed by South and Central America with a share of 4.1%, and the Middle East with a share of 2.7%.

VCM is a chemical intermediate which is used to produce PVC. Almost all VCM is used to produce PVC globally.

Global VCM demand in the year 2009 was 29 million tons. 94.5% of the demand was driven by PVC. Others held a share of 5.5%.

GBI Research’s report, “Vinyl Chloride Monomer (VCM) Global Market Dynamics to 2020 - Growing Market for Poly Vinyl Chloride (PVC) in Developing Countries Driving Demand” is an in-depth report on the global VCM market. The research presents detailed analysis and forecasts of the major economic and market trends affecting the VCM market in the major regions of the world. The report contains demand analysis and forecasts, drivers and restraints, end use analysis and forecasts, and a market share analysis of the major producers in all the regions of the world. In addition, it includes demand analysis and forecasts and demand analysis by end use for the major countries in all geographies. Report also presents the VCM price analysis and forecasts for these countries. Overall, the report presents a comprehensive analysis of the global VCM market covering all the major parameters.

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Source:Rajesh Gunnam
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Tags:Vinyl Chloride Monomer, Vcm, Poly Vinyl Chloride, Pvc, Chemicals
Industry:Science
Location:England
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