Vinyl Chloride Monomer Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

The Global Vinyl Chloride Monomer Market is segmented by Application (PVC and Other Applications), End-user Industry (Building and Construction, Healthcare, Electrical, and Other End-user Industries), and Geography (Asia-Pacific, North America, Europe, South America, and Middle-East and Africa). The report offers market size and forecasts for the vinyl chloride monomer market in terms of volume (million tons) for all the above segments.

Vinyl Chloride Monomer Market Size

Vinyl Chloride Monomer Market Summary

Vinyl Chloride Monomer Market Analysis

The Vinyl Chloride Monomer Market size is estimated at 47.15 million tons in 2025, and is expected to reach 57.00 million tons by 2030, at a CAGR of 3.87% during the forecast period (2025-2030).

The COVID-19 pandemic negatively impacted the market. This was because of the shutdown of the manufacturing facilities and plants due to the lockdown and restrictions. Supply chain and transportation disruptions further created hindrances for the market. However, the industry witnessed a recovery in 2021, thus rebounding the demand for the market studied.

  • Over the short term, rising demand from the building and construction sectors, as well as rising demand from the healthcare sector, are some of the factors driving the growth of the market studied.
  • On the flip side, rising environmental concerns, the availability of substitutes in various applications, fluctuating raw material prices, and stringent government regulations are some of the factors hindering the growth of the market.
  • Furthermore, the emergence of bio-based vinyl chloride monomer (VCM) and advancements in the product through research and development are expected to provide numerous opportunities over the forecast period.
  • Asia-Pacific is expected to dominate the global vinyl chloride monomer market, and it is also estimated to be the fastest-growing market over the forecast period due to the increasing demand from building and construction sectors in countries such as China and India.

Vinyl Chloride Monomer Industry Overview

The Vinyl Chloride Monomer Market is partially fragmented in nature. The major players in this market (not in a particular order) include Occidental Petroleum Corporation, AGC Chemicals, Vynova Group, Olin Corporation, and Tosoh Corporation, among others.

Vinyl Chloride Monomer Market Leaders

  1. Occidental Petroleum Corporation

  2. AGC Chemicals

  3. Vynova Group

  4. Olin Corporation

  5. Tosoh Corporation

  6. *Disclaimer: Major Players sorted in no particular order
Vinyl Chloride Monomer Market Concentration
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Vinyl Chloride Monomer Market News

  • April 2023: AGC developed Process Digital Twin for chemical plants and to begin the operation at its Vinyl Chloride Monomer manufacturing plant in Indonesia.

Vinyl Chloride Monomer Market Report - Table of Contents

1. INTRODUCTION

  • 1.1 Study Assumptions
  • 1.2 Scope of the Study

2. RESEARCH METHODOLOGY

3. EXECUTIVE SUMMARY

4. MARKET DYNAMICS

  • 4.1 Drivers
    • 4.1.1 Rising Demand in Healthcare Sector
    • 4.1.2 High Consumption from Building and Construction Industry
  • 4.2 Restraints
    • 4.2.1 Increasing Environmental Concerns and Availability of Substitutes in Various Applications
    • 4.2.2 Other Restraints
  • 4.3 Industry Value Chain Analysis
  • 4.4 Porter's Five Forces Analysis
    • 4.4.1 Bargaining Power of Suppliers
    • 4.4.2 Bargaining Power of Buyers
    • 4.4.3 Threat of New Entrants
    • 4.4.4 Threat of Substitute Products and Services
    • 4.4.5 Degree of Competition

5. MARKET SEGMENTATION (Market Size in Volume)

  • 5.1 Application
    • 5.1.1 PVC
    • 5.1.2 Other Applications
  • 5.2 End-user Industry
    • 5.2.1 Building and Construction
    • 5.2.2 Healthcare
    • 5.2.3 Electrical
    • 5.2.4 Other End-user Industries
  • 5.3 Geography
    • 5.3.1 Asia-Pacific
    • 5.3.1.1 China
    • 5.3.1.2 India
    • 5.3.1.3 Japan
    • 5.3.1.4 South Korea
    • 5.3.1.5 Rest of Asia-Pacific
    • 5.3.2 North America
    • 5.3.2.1 United States
    • 5.3.2.2 Canada
    • 5.3.2.3 Mexico
    • 5.3.3 Europe
    • 5.3.3.1 Germany
    • 5.3.3.2 United Kingdom
    • 5.3.3.3 France
    • 5.3.3.4 Italy
    • 5.3.3.5 Rest of Europe
    • 5.3.4 South America
    • 5.3.4.1 Brazil
    • 5.3.4.2 Argentina
    • 5.3.4.3 Rest of South America
    • 5.3.5 Middle-East and Africa
    • 5.3.5.1 Saudi Arabia
    • 5.3.5.2 South Africa
    • 5.3.5.3 Rest of Middle-East and Africa

6. COMPETITIVE LANDSCAPE

  • 6.1 Mergers and Acquisitions, Joint Ventures, Collaborations, and Agreements
  • 6.2 Market Share (%) Analysis **/ Market Ranking Analysis
  • 6.3 Strategies Adopted by Leading Players
  • 6.4 Company Profiles
    • 6.4.1 AGC Chemicals
    • 6.4.2 Dow
    • 6.4.3 Ercros S.A
    • 6.4.4 Mexichem
    • 6.4.5 NOVA Chemicals
    • 6.4.6 Occidental Petroleum Corporation
    • 6.4.7 Olin Corporation
    • 6.4.8 Reliance Industries Limited
    • 6.4.9 Shin-Etsu PVC B.V.
    • 6.4.10 The Axiall Corporation
    • 6.4.11 The Chemson Group
    • 6.4.12 Tosoh Corporation
    • 6.4.13 Vinnolit GmbH & Co. KG
    • 6.4.14 Vynova Group
    • 6.4.15 Westlake Chemical Corporation
  • *List Not Exhaustive

7. MARKET OPPORTUNITIES AND FUTURE TRENDS

  • 7.1 Emergence of Bio-Based Vinyl Chloride Monomer
  • 7.2 Advancement in the Product through Research and Development
  • 7.3 Increase in the Use of Vinyl Chloride Monomer (VCM) as an Additive Material
**Subject to Availability
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Vinyl Chloride Monomer Industry Segmentation

The vinyl chloride monomer (VCM) can be referred to as a colorless compound, which is utilized to manufacture PVC. The vinyl chloride monomer (VCM) is utilized in the production of ethylenediamine to generate resins and the manufacturing of chlorinated solvents. The vinyl chloride monomer (VCM) is also utilized as an aerosol propellant and is also a starting product for polyvinyl resins. It has a sweet odor, is highly flammable, and can emanate toxic fumes of carbon dioxide, phosgene, carbon monoxide, and hydrogen chloride. The market is segmented based on application, end-user, and geography. By application, the market is segmented into PVC and other applications. By end-user industry, the market is segmented into building and construction, healthcare, electrical, and other end-user industries. The report offers market size and forecasts for 15 countries across major regions. For each segment, market sizing and forecasts have been done on the basis of volume (million tons).

Application PVC
Other Applications
End-user Industry Building and Construction
Healthcare
Electrical
Other End-user Industries
Geography Asia-Pacific China
India
Japan
South Korea
Rest of Asia-Pacific
North America United States
Canada
Mexico
Europe Germany
United Kingdom
France
Italy
Rest of Europe
South America Brazil
Argentina
Rest of South America
Middle-East and Africa Saudi Arabia
South Africa
Rest of Middle-East and Africa
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Vinyl Chloride Monomer Market Research FAQs

How big is the Vinyl Chloride Monomer Market?

The Vinyl Chloride Monomer Market size is expected to reach 47.15 million tons in 2025 and grow at a CAGR of 3.87% to reach 57.00 million tons by 2030.

What is the current Vinyl Chloride Monomer Market size?

In 2025, the Vinyl Chloride Monomer Market size is expected to reach 47.15 million tons.

Who are the key players in Vinyl Chloride Monomer Market?

Occidental Petroleum Corporation, AGC Chemicals, Vynova Group, Olin Corporation and Tosoh Corporation are the major companies operating in the Vinyl Chloride Monomer Market.

Which is the fastest growing region in Vinyl Chloride Monomer Market?

Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2025-2030).

Which region has the biggest share in Vinyl Chloride Monomer Market?

In 2025, the Asia Pacific accounts for the largest market share in Vinyl Chloride Monomer Market.

What years does this Vinyl Chloride Monomer Market cover, and what was the market size in 2024?

In 2024, the Vinyl Chloride Monomer Market size was estimated at 45.33 million tons. The report covers the Vinyl Chloride Monomer Market historical market size for years: 2019, 2020, 2021, 2022, 2023 and 2024. The report also forecasts the Vinyl Chloride Monomer Market size for years: 2025, 2026, 2027, 2028, 2029 and 2030.

Vinyl Chloride Monomer Industry Report

Statistics for the 2025 Vinyl Chloride Monomer market share, size and revenue growth rate, created by Mordor Intelligenceā„¢ Industry Reports. Vinyl Chloride Monomer analysis includes a market forecast outlook for 2025 to 2030 and historical overview. Get a sample of this industry analysis as a free report PDF download.

Vinyl Chloride Monomer Market Report Snapshots

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Vinyl Chloride Monomer Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)