Vinyl Chloride Monomer (VCM) Market Analysis APAC, North America, Europe, South America, Middle East and Africa - US, China, India, Germany, France - Size and Forecast 2024-2028

Published: Dec 2023 Pages: 160 SKU: IRTNTR76998

Vinyl Chloride Monomer (VCM) Market Forecast 2024-2028

The vinyl chloride monomer (VCM) market size is estimated to grow by USD 12.25 billion at a CAGR of 3.69% between 2023 and 2028. The surge in demand from the building and construction industry remains the primary driver of market growth for Vinyl Chloride Monomer (VCM). VCM, a vital component in PVC production, experiences pricing dynamics influenced by VCM prices and volatile feedstock prices, particularly ethylene feedstock costs.

Despite cost pressures, downstream PVC processing industries benefit from lower feedstock Ethylene costs, enhancing downstream momentum. Consumer sentiments, alongside an economic recovery, fuel consumer buying enthusiasm, further stimulating housing segment demand. Offshore trading activities drive exports in the global Vinyl Chloride Monomer (VCM) market, impacting inventories and commodity prices. Negotiable freight charges play a role in price elevations, while direct chlorination remains a primary method in VCM production, complementing the ethylene feedstock route via EDC in VCM dynamics.

What will be the Market Size During the Forecast Period?

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Market Segmentation by Application, End-User, and Geography

Application Analysis 

The market share growth by the polyvinyl chloride segment will be significant during the forecast period. PVC is a thermoplastic polymer that is used in a wide variety of applications, such as building and construction. It is the third most widely produced plastic in the globe, after polyethylene and polypropylene. PVC's is made by polymerizing vinyl chloride monomer, which is a gas. The polymerization process is carried out in a variety of ways, including suspension, emulsion, and bulk polymerization.

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The polyvinyl chloride segment accounted for USD 45.64 billion in 2018. PVC is widely used in the building and construction industry. PVC's is used to make pipes, windows, doors, siding, and roofing. PVC is also used in the automotive industry to make car parts such as bumpers, dashboards, and seats. In addition, PVC is used in a variety of other applications, including packaging, furniture, and toys. The rising use of PVC in various applications will further drive the growth of the PVC-segment of the global market during the forecast period.

End-user Analysis 

The building and construction segment held the largest share of the global market in 2023. The key factor driving the growth of the building and construction segment is the strong government focus on infrastructural development and megacity construction projects, majorly in emerging nations such as India and China. According to the data from the India Brand Equity Foundation (IBEF), the Indian government, in the Union Budget 2022-2023, allocated USD 130.57 billion to increase the growth of the infrastructure sector. Such initiatives by the government will increase the adoption of cost-effective and durable PVC in the building and construction sector, which, in turn, will fuel the demand for VCM products during the forecast period. 

Region Analysis

APAC is estimated to contribute 56% to the growth of the global market during the forecast period. Technavio’s analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period.

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The construction industry is the largest end-user of VCM in the APAC region. The increasing demand for PVC-pipes and fittings from the residential and commercial construction sectors is driving the growth of the regional market. The rising demand for VCM cables from the telecommunications and power sectors is boosting the growth of the regional market. The healthcare industry is also using VCM in a variety of applications, such as medical tubing, intravenous bags, and surgical gloves.

In addition, the rising demand for these products from hospitals and clinics is driving the regional market. Furthermore, the rising demand from the construction industry, increasing demand from the electrical industry, growing demand from the healthcare industry, and rising adoption of PVC-recycling are expected to drive the regional market during the forecast period.

Market Dynamics and Customer Landscape

The Vinyl Chloride Monomer (VCM) market is experiencing growth, primarily driven by the expansion of the building and construction industry, which fuels the demand for PVC-products. A notable trend in this market is the increasing preference for lightweight materials, driven by the need for efficiency and sustainability in construction projects. However, the industry faces challenges due to the high cost of production associated with PVC manufacturing, exacerbated by volatile feedstock prices and cost pressures.

Despite these challenges, the surge in demand from the construction sector and housing segment remains a primary factor in shaping VCM dynamics. To navigate the market, stakeholders monitor VCM prices, downstream momentum, and commodity prices while adapting to changing economic conditions and consumer sentiments. Additionally, advancements in ethylene feedstock routes and PVC production processes offer opportunities for growth and innovation in the global VCM market.

Key Market Driver

Growth in the building and construction industry is the key factor driving market growth. PVC is a broadly used thermoplastic material that is used in a variety of applications, including building and construction, automotive, packaging, and healthcare. The building and construction industry is the largest consumer of VCM.

Moreover, VCM is used in a wide range of building and construction applications, including window frames, pipes, flooring, roofing, and siding. As the global population continues to grow, the demand for new housing and infrastructure is increasing, which is expected to drive market-growth and trends during the forecast period.

Significant Market Trends

Growing demand for lightweight material is one of the major market trends. The automotive industry has embraced PVC-plastics due to its lightweight and durability. PVC has properties such as good flexibility, flame resistance, good thermal stability, high gloss, and low-to-nil lead content. Depending on the several plasticizers used in PVC, a variety of either rigid or flexible products can be manufactured using extruded, injection molding, compression molding, and blow molding methods. It finds use in instrument panels, sheathing of electric cables, pipes, and doors. 

In addition, PVC is also used in the making of interior parts of aircraft and packaging owing to its lightweight and easy design flexibility. Thus, the weight-to-strength ratio of PVC is expected to drive the growth of the market during the forecast period.

Major Market Challenge

The high cost of production of PVC is a challenge that affects market growth. The cost of producing PVC is high due to various factors, such as the main raw materials used in the production of PVC are VCM and chlorine. The price of VCM and chlorine is volatile and can fluctuate significantly, which can impact the cost of producing PVC, which requires a significant amount of energy.

In addition, the cost of energy is a major factor in the overall cost of producing PVC. The production of PVC can generate harmful emissions. To comply with environmental regulations, PVC-producers need to install pollution control equipment, which can increase the cost of production. Thus, such factors are expected to impede the market during the forecast period.

Key Market Companies

Companies are implementing various strategies by analyzing factors such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product or service launches, to enhance their presence in the market.

  • Egyptian Petrochemicals Co.: The company offers PVC-resins in two forms suspension and emulsion.

The market research and growth report also includes detailed analyses of the competitive landscape of the market and information about 15 market companies, including: 

AGC Inc., Braskem SA, Ercros SA, Formosa Plastics Corp., Hanwha Corp., INEOS Group Holdings SA, Kaneka Corp., KURARAY Co. Ltd., Occidental Petroleum Corp., Olin Corp., Reliance Industries Ltd., Shin Etsu Chemical Co. Ltd., SP Chemicals Pte Ltd., Tokuyama Corp., Vizag Chemical International, Vynova Beek BV, Wacker Chemie AG, Westlake Corp., and Zhengzhou Meiya Chemical Products Co. Ltd.

Qualitative and quantitative analysis of companies has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. This Market forecasting report includes data that is qualitatively analyzed to categorize companies as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize companies as dominant, leading, strong, tentative, and weak.

Market Analyst Overview

The market plays a crucial role in the production of polyvinyl chloride (PVC), serving as the primary factor driving growth in the PVC production sector and downstream PVC processing industry. VCM is cracked to produce PVC, with by-product hydrogen chloride being recycled in the oxychlorination process.

As a chemical intermediate and precursor, VCM is vital for manufacturing PVC, which finds extensive use in various applications such as building materials, packaging materials, and electrical wiring due to its corrosion resistance, moisture resistance, and excellent electrical insulating properties.

In the medical sector, PVC is utilized for containers, flexible bags, and medical tubing due to its compatibility with sterilization methods. Moreover, PVC is extensively used in automotive applications for interior materials, wire coatings, and seals, as well as in consumer goods like clothing, footwear, and inflatable structures.

The global demand for PVC continues to rise due to population growth, urbanization, and advancements in infrastructure construction. Governmental initiatives, along with both domestic and foreign investments in industrial units, malls, multiplexes, hotels, and the IT sector, further drive the growth of the PVC market, contributing to socio-economic infrastructure development and planned projects worldwide.

Segment Overview

The market growth and forecasting report forecasts market growth by revenue at global, regional & country levels and provides an analysis of the latest trends and growth opportunities from 2018-2028. 

  • Application Outlook 
    • Polyvinyl chloride
    • Others
  • End-user Outlook
    • Building and construction
    • Electrical and electronics
    • Healthcare
    • Others
  • Region Outlook 
    • North America
      • The U.S.
      • Canada
    • Europe
      • The U.K.
      • Germany
      • France
      • Rest of Europe
    • APAC
      • China
      • India
    • South America
      • Chile 
      • Brazil 
      • Argentina
    • Middle East & Africa
      • Saudi Arabia
      • South Africa
      • Rest of the Middle East & Africa

Vinyl Chloride Monomer (VCM) Market Scope

Market Report Coverage

Details

Page number

160

Base year

2023

Historic period

2018-2022

Forecast period

2024-2028

Growth momentum & CAGR

Accelerate at a CAGR of 3.69%

Market Growth 2024-2028

USD 12.25 billion

Market structure

Fragmented

YoY growth 2023-2024(%)

3.51

Regional analysis

APAC, North America, Europe, South America, and Middle East and Africa

Performing market contribution

APAC at 56%

Key countries

US, China, India, Germany, and France

Competitive landscape

 Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks

Key companies profiled

AGC Inc., Braskem SA, Egyptian Petrochemicals Co., Ercros SA, Formosa Plastics Corp., Hanwha Corp., INEOS Group Holdings SA, Kaneka Corp., KURARAY Co. Ltd., Occidental Petroleum Corp., Olin Corp., Reliance Industries Ltd., Shin Etsu Chemical Co. Ltd., SP Chemicals Pte Ltd., Tokuyama Corp., Vizag Chemical International, Vynova Beek BV, Wacker Chemie AG, Westlake Corp., and Zhengzhou Meiya Chemical Products Co. Ltd.

Market dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, and market condition analysis for the forecast period. 

Customization purview

If our market growth analysis report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

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What are the Key Data Covered in this Market Research Report?

  • CAGR of the market during the forecast period
  • Detailed information on factors that will drive the growth of the market  between 2024 and 2028
  • Precise estimation of the market size and its contribution to the market in focus on the parent market
  • Accurate predictions about upcoming trends and changes in consumer behavior
  • Growth of the market across APAC, North America, Europe, South America, and the Middle East and Africa
  • Our market trends and analysis report includes a thorough analysis of the market’s competitive landscape and detailed information about companies
  • Comprehensive analysis of factors that will challenge the growth of market companies

We can help! Our analysts can customize this market analysis and report to meet your requirements. Get in touch

 

1 Executive Summary

  • 1.1 Market overview
    • Exhibit 01: Executive Summary – Chart on Market Overview
    • Exhibit 02: Executive Summary – Data Table on Market Overview
    • Exhibit 03: Executive Summary – Chart on Global Market Characteristics
    • Exhibit 04: Executive Summary – Chart on Market by Geography
    • Exhibit 05: Executive Summary – Chart on Market Segmentation by Application
    • Exhibit 06: Executive Summary – Chart on Market Segmentation by End-user
    • Exhibit 07: Executive Summary – Chart on Incremental Growth
    • Exhibit 08: Executive Summary – Data Table on Incremental Growth
    • Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem
    • Exhibit 10: Parent market
    • Exhibit 11: Market Characteristics

3 Market Sizing

  • 3.1 Market definition
    • Exhibit 12: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis
    • Exhibit 13: Market segments
  • 3.3 Market size 2023
    • 3.4 Market outlook: Forecast for 2023-2028
      • Exhibit 14: Chart on Global - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 15: Data Table on Global - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 16: Chart on Global Market: Year-over-year growth 2023-2028 (%)
      • Exhibit 17: Data Table on Global Market: Year-over-year growth 2023-2028 (%)

    4 Historic Market Size

    • 4.1 Global vinyl chloride monomer (VCM) market 2018 - 2022
      • Exhibit 18: Historic Market Size – Data Table on global vinyl chloride monomer (vcm) market 2018 - 2022 ($ billion)
    • 4.2 Application Segment Analysis 2018 - 2022
      • Exhibit 19: Historic Market Size – Application Segment 2018 - 2022 ($ billion)
    • 4.3 End-user Segment Analysis 2018 - 2022
      • Exhibit 20: Historic Market Size – End-user Segment 2018 - 2022 ($ billion)
    • 4.4 Geography Segment Analysis 2018 - 2022
      • Exhibit 21: Historic Market Size – Geography Segment 2018 - 2022 ($ billion)
    • 4.5 Country Segment Analysis 2018 - 2022
      • Exhibit 22: Historic Market Size – Country Segment 2018 - 2022 ($ billion)

    5 Five Forces Analysis

    • 5.1 Five forces summary
      • Exhibit 23: Five forces analysis - Comparison between 2023 and 2028
    • 5.2 Bargaining power of buyers
      • Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2023 and 2028
    • 5.3 Bargaining power of suppliers
      • Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2023 and 2028
    • 5.4 Threat of new entrants
      • Exhibit 26: Threat of new entrants – Impact of key factors in 2023 and 2028
    • 5.5 Threat of substitutes
      • Exhibit 27: Threat of substitutes – Impact of key factors in 2023 and 2028
    • 5.6 Threat of rivalry
      • Exhibit 28: Threat of rivalry – Impact of key factors in 2023 and 2028
    • 5.7 Market condition
      • Exhibit 29: Chart on Market condition - Five forces 2023 and 2028

    6 Market Segmentation by Application

    • 6.1 Market segments
      • Exhibit 30: Chart on Application - Market share 2023-2028 (%)
      • Exhibit 31: Data Table on Application - Market share 2023-2028 (%)
    • 6.2 Comparison by Application
      • Exhibit 32: Chart on Comparison by Application
      • Exhibit 33: Data Table on Comparison by Application
    • 6.3 Polyvinyl chloride - Market size and forecast 2023-2028
      • Exhibit 34: Chart on Polyvinyl chloride - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 35: Data Table on Polyvinyl chloride - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 36: Chart on Polyvinyl chloride - Year-over-year growth 2023-2028 (%)
      • Exhibit 37: Data Table on Polyvinyl chloride - Year-over-year growth 2023-2028 (%)
    • 6.4 Others - Market size and forecast 2023-2028
      • Exhibit 38: Chart on Others - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 39: Data Table on Others - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 40: Chart on Others - Year-over-year growth 2023-2028 (%)
      • Exhibit 41: Data Table on Others - Year-over-year growth 2023-2028 (%)
    • 6.5 Market opportunity by Application
      • Exhibit 42: Market opportunity by Application ($ billion)
      • Exhibit 43: Data Table on Market opportunity by Application ($ billion)

    7 Market Segmentation by End-user

    • 7.1 Market segments
      • Exhibit 44: Chart on End-user - Market share 2023-2028 (%)
      • Exhibit 45: Data Table on End-user - Market share 2023-2028 (%)
    • 7.2 Comparison by End-user
      • Exhibit 46: Chart on Comparison by End-user
      • Exhibit 47: Data Table on Comparison by End-user
    • 7.3 Building and construction - Market size and forecast 2023-2028
      • Exhibit 48: Chart on Building and construction - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 49: Data Table on Building and construction - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 50: Chart on Building and construction - Year-over-year growth 2023-2028 (%)
      • Exhibit 51: Data Table on Building and construction - Year-over-year growth 2023-2028 (%)
    • 7.4 Electrical and electronics - Market size and forecast 2023-2028
      • Exhibit 52: Chart on Electrical and electronics - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 53: Data Table on Electrical and electronics - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 54: Chart on Electrical and electronics - Year-over-year growth 2023-2028 (%)
      • Exhibit 55: Data Table on Electrical and electronics - Year-over-year growth 2023-2028 (%)
    • 7.5 Healthcare - Market size and forecast 2023-2028
      • Exhibit 56: Chart on Healthcare - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 57: Data Table on Healthcare - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 58: Chart on Healthcare - Year-over-year growth 2023-2028 (%)
      • Exhibit 59: Data Table on Healthcare - Year-over-year growth 2023-2028 (%)
    • 7.6 Others - Market size and forecast 2023-2028
      • Exhibit 60: Chart on Others - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 61: Data Table on Others - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 62: Chart on Others - Year-over-year growth 2023-2028 (%)
      • Exhibit 63: Data Table on Others - Year-over-year growth 2023-2028 (%)
    • 7.7 Market opportunity by End-user
      • Exhibit 64: Market opportunity by End-user ($ billion)
      • Exhibit 65: Data Table on Market opportunity by End-user ($ billion)

    8 Customer Landscape

    • 8.1 Customer landscape overview
      • Exhibit 66: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

    9 Geographic Landscape

    • 9.1 Geographic segmentation
      • Exhibit 67: Chart on Market share by geography 2023-2028 (%)
      • Exhibit 68: Data Table on Market share by geography 2023-2028 (%)
    • 9.2 Geographic comparison
      • Exhibit 69: Chart on Geographic comparison
      • Exhibit 70: Data Table on Geographic comparison
    • 9.3 APAC - Market size and forecast 2023-2028
      • Exhibit 71: Chart on APAC - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 72: Data Table on APAC - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 73: Chart on APAC - Year-over-year growth 2023-2028 (%)
      • Exhibit 74: Data Table on APAC - Year-over-year growth 2023-2028 (%)
    • 9.4 North America - Market size and forecast 2023-2028
      • Exhibit 75: Chart on North America - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 76: Data Table on North America - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 77: Chart on North America - Year-over-year growth 2023-2028 (%)
      • Exhibit 78: Data Table on North America - Year-over-year growth 2023-2028 (%)
    • 9.5 Europe - Market size and forecast 2023-2028
      • Exhibit 79: Chart on Europe - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 80: Data Table on Europe - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 81: Chart on Europe - Year-over-year growth 2023-2028 (%)
      • Exhibit 82: Data Table on Europe - Year-over-year growth 2023-2028 (%)
    • 9.6 South America - Market size and forecast 2023-2028
      • Exhibit 83: Chart on South America - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 84: Data Table on South America - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 85: Chart on South America - Year-over-year growth 2023-2028 (%)
      • Exhibit 86: Data Table on South America - Year-over-year growth 2023-2028 (%)
    • 9.7 Middle East and Africa - Market size and forecast 2023-2028
      • Exhibit 87: Chart on Middle East and Africa - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 88: Data Table on Middle East and Africa - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 89: Chart on Middle East and Africa - Year-over-year growth 2023-2028 (%)
      • Exhibit 90: Data Table on Middle East and Africa - Year-over-year growth 2023-2028 (%)
    • 9.8 China - Market size and forecast 2023-2028
      • Exhibit 91: Chart on China - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 92: Data Table on China - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 93: Chart on China - Year-over-year growth 2023-2028 (%)
      • Exhibit 94: Data Table on China - Year-over-year growth 2023-2028 (%)
    • 9.9 US - Market size and forecast 2023-2028
      • Exhibit 95: Chart on US - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 96: Data Table on US - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 97: Chart on US - Year-over-year growth 2023-2028 (%)
      • Exhibit 98: Data Table on US - Year-over-year growth 2023-2028 (%)
    • 9.10 India - Market size and forecast 2023-2028
      • Exhibit 99: Chart on India - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 100: Data Table on India - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 101: Chart on India - Year-over-year growth 2023-2028 (%)
      • Exhibit 102: Data Table on India - Year-over-year growth 2023-2028 (%)
    • 9.11 Germany - Market size and forecast 2023-2028
      • Exhibit 103: Chart on Germany - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 104: Data Table on Germany - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 105: Chart on Germany - Year-over-year growth 2023-2028 (%)
      • Exhibit 106: Data Table on Germany - Year-over-year growth 2023-2028 (%)
    • 9.12 France - Market size and forecast 2023-2028
      • Exhibit 107: Chart on France - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 108: Data Table on France - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 109: Chart on France - Year-over-year growth 2023-2028 (%)
      • Exhibit 110: Data Table on France - Year-over-year growth 2023-2028 (%)
    • 9.13 Market opportunity by geography
      • Exhibit 111: Market opportunity by geography ($ billion)
      • Exhibit 112: Data Tables on Market opportunity by geography ($ billion)

    10 Drivers, Challenges, and Trends

    • 10.1 Market drivers
      • 10.2 Market challenges
        • 10.3 Impact of drivers and challenges
          • Exhibit 113: Impact of drivers and challenges in 2023 and 2028
        • 10.4 Market trends

          11 Vendor Landscape

          • 11.1 Overview
            • 11.2 Vendor landscape
              • Exhibit 114: Overview on Criticality of inputs and Factors of differentiation
            • 11.3 Landscape disruption
              • Exhibit 115: Overview on factors of disruption
            • 11.4 Industry risks
              • Exhibit 116: Impact of key risks on business

            12 Vendor Analysis

            • 12.1 Vendors covered
              • Exhibit 117: Vendors covered
            • 12.2 Market positioning of vendors
              • Exhibit 118: Matrix on vendor position and classification
            • 12.3 AGC Inc.
              • Exhibit 119: AGC Inc. - Overview
              • Exhibit 120: AGC Inc. - Business segments
              • Exhibit 121: AGC Inc. - Key news
              • Exhibit 122: AGC Inc. - Key offerings
              • Exhibit 123: AGC Inc. - Segment focus
            • 12.4 Ercros SA
              • Exhibit 124: Ercros SA - Overview
              • Exhibit 125: Ercros SA - Business segments
              • Exhibit 126: Ercros SA - Key offerings
              • Exhibit 127: Ercros SA - Segment focus
            • 12.5 Formosa Plastics Corp.
              • Exhibit 128: Formosa Plastics Corp. - Overview
              • Exhibit 129: Formosa Plastics Corp. - Product / Service
              • Exhibit 130: Formosa Plastics Corp. - Key offerings
            • 12.6 INEOS Group Holdings SA
              • Exhibit 131: INEOS Group Holdings SA - Overview
              • Exhibit 132: INEOS Group Holdings SA - Business segments
              • Exhibit 133: INEOS Group Holdings SA - Key news
              • Exhibit 134: INEOS Group Holdings SA - Key offerings
              • Exhibit 135: INEOS Group Holdings SA - Segment focus
            • 12.7 Kaneka Corp.
              • Exhibit 136: Kaneka Corp. - Overview
              • Exhibit 137: Kaneka Corp. - Business segments
              • Exhibit 138: Kaneka Corp. - Key offerings
              • Exhibit 139: Kaneka Corp. - Segment focus
            • 12.8 KURARAY Co. Ltd.
              • Exhibit 140: KURARAY Co. Ltd. - Overview
              • Exhibit 141: KURARAY Co. Ltd. - Business segments
              • Exhibit 142: KURARAY Co. Ltd. - Key offerings
              • Exhibit 143: KURARAY Co. Ltd. - Segment focus
            • 12.9 Occidental Petroleum Corp.
              • Exhibit 144: Occidental Petroleum Corp. - Overview
              • Exhibit 145: Occidental Petroleum Corp. - Business segments
              • Exhibit 146: Occidental Petroleum Corp. - Key offerings
              • Exhibit 147: Occidental Petroleum Corp. - Segment focus
            • 12.10 Olin Corp.
              • Exhibit 148: Olin Corp. - Overview
              • Exhibit 149: Olin Corp. - Business segments
              • Exhibit 150: Olin Corp. - Key offerings
              • Exhibit 151: Olin Corp. - Segment focus
            • 12.11 Reliance Industries Ltd.
              • Exhibit 152: Reliance Industries Ltd. - Overview
              • Exhibit 153: Reliance Industries Ltd. - Business segments
              • Exhibit 154: Reliance Industries Ltd. - Key news
              • Exhibit 155: Reliance Industries Ltd. - Key offerings
              • Exhibit 156: Reliance Industries Ltd. - Segment focus
            • 12.12 SP Chemicals Pte Ltd.
              • Exhibit 157: SP Chemicals Pte Ltd. - Overview
              • Exhibit 158: SP Chemicals Pte Ltd. - Product / Service
              • Exhibit 159: SP Chemicals Pte Ltd. - Key offerings
            • 12.13 Tokuyama Corp.
              • Exhibit 160: Tokuyama Corp. - Overview
              • Exhibit 161: Tokuyama Corp. - Business segments
              • Exhibit 162: Tokuyama Corp. - Key offerings
              • Exhibit 163: Tokuyama Corp. - Segment focus
            • 12.14 Vynova Beek BV
              • Exhibit 164: Vynova Beek BV - Overview
              • Exhibit 165: Vynova Beek BV - Product / Service
              • Exhibit 166: Vynova Beek BV - Key offerings
            • 12.15 Wacker Chemie AG
              • Exhibit 167: Wacker Chemie AG - Overview
              • Exhibit 168: Wacker Chemie AG - Business segments
              • Exhibit 169: Wacker Chemie AG - Key offerings
              • Exhibit 170: Wacker Chemie AG - Segment focus
            • 12.16 Westlake Corp.
              • Exhibit 171: Westlake Corp. - Overview
              • Exhibit 172: Westlake Corp. - Business segments
              • Exhibit 173: Westlake Corp. - Key offerings
              • Exhibit 174: Westlake Corp. - Segment focus
            • 12.17 Zhengzhou Meiya Chemical Products Co. Ltd.
              • Exhibit 175: Zhengzhou Meiya Chemical Products Co. Ltd. - Overview
              • Exhibit 176: Zhengzhou Meiya Chemical Products Co. Ltd. - Product / Service
              • Exhibit 177: Zhengzhou Meiya Chemical Products Co. Ltd. - Key offerings

            13 Appendix

            • 13.1 Scope of the report
              • 13.2 Inclusions and exclusions checklist
                • Exhibit 178: Inclusions checklist
                • Exhibit 179: Exclusions checklist
              • 13.3 Currency conversion rates for US$
                • Exhibit 180: Currency conversion rates for US$
              • 13.4 Research methodology
                • Exhibit 181: Research methodology
                • Exhibit 182: Validation techniques employed for market sizing
                • Exhibit 183: Information sources
              • 13.5 List of abbreviations
                • Exhibit 184: List of abbreviations

              Research Framework

              Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

              INFORMATION SOURCES

              Primary sources

              • Manufacturers and suppliers
              • Channel partners
              • Industry experts
              • Strategic decision makers

              Secondary sources

              • Industry journals and periodicals
              • Government data
              • Financial reports of key industry players
              • Historical data
              • Press releases

              DATA ANALYSIS

              Data Synthesis

              • Collation of data
              • Estimation of key figures
              • Analysis of derived insights

              Data Validation

              • Triangulation with data models
              • Reference against proprietary databases
              • Corroboration with industry experts

              REPORT WRITING

              Qualitative

              • Market drivers
              • Market challenges
              • Market trends
              • Five forces analysis

              Quantitative

              • Market size and forecast
              • Market segmentation
              • Geographical insights
              • Competitive landscape

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              Key Questions Answered

              • What are the key global market and the regional market share?
              • What are the revenue-generating key market segments?
              • What are the key factors driving and challenging this market’s growth?
              • Who are the key market vendors and their growth strategies?
              • What are the latest trends influencing the growth of this market?
              • What are the variables influencing the market growth in the primary regions?
              • What are the factors influencing the growth of the parent market?

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              • Detailed vendors report with competitive landscape
              • Covid-19 impact and recovery analysis
              • Data on revenue-generating market segments
              • Details on the market shares of various regions
              • Five-force market analysis