Vinyl Chloride Monomer Market Size to Hit 57 Million Tons by 2030 | Growth Driven by Construction and Healthcare Demand | Mordor Intelligence

The global Vinyl Chloride Monomer Market is witnessing steady growth as industries increasingly rely on polyvinyl chloride (PVC) for a wide range of applications. From 2025 to 2030, the vinyl chloride monomer market is expected to grow from 47.15 million tons to 57.00 million tons, reflecting a CAGR of 3.87%. The market had experienced setbacks during the COVID-19 pandemic due to manufacturing shutdowns and supply chain disruptions. However, recovery in 2021 reignited demand, especially in construction and healthcare industries, reinforcing the role of VCM as a key industrial chemical. 

Driving Factors  

• Growing demand for PVC in building and construction, including siding, roofing, wiring, and window frames. 
• Rising healthcare sector requirements in Asia-Pacific, supporting PVC use in medical equipment and devices. 
• Emergence of bio-based vinyl chloride monomer providing environmentally friendly alternatives. 
• Fluctuating raw material prices and stringent environmental regulations may affect market growth. 
• Increasing infrastructure investments in the Middle East and Africa, boosting VCM demand. 

Dive deeper into regional dynamics and download the Japanese version for locally relevant analysis- https://www.mordorintelligence.com/ja/industry-reports/vinyl-chloride-monomer-market?utm_source=Industoday  

Segmentation Overview 

• 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) 

Major Market Participants  

• Occidental Petroleum Corporation 
• AGC Chemicals 
• Vynova Group 
• Olin Corporation 
• Tosoh Corporation 

Explore more insights on Vinyl Chloride Monomer competitive landscape: https://www.mordorintelligence.com/industry-reports/vinyl-chloride-monomer-market/companies?utm_source=Industrytoday  

Dominating Country 

The Asia-Pacific region dominates the global Vinyl Chloride Monomer Market, driven by rapid urbanization and growing construction and healthcare sectors in China, India, Indonesia, and Vietnam. China alone recorded a construction output of USD 4.10 trillion in 2022, while India’s healthcare expenditure rose sharply to USD 63.83 billion in 2021. The combination of infrastructure projects, residential developments, and industrial expansion in these countries is expected to maintain Asia-Pacific’s leading position in the VCM market over the forecast period. 

Conclusion 

The Vinyl Chloride Monomer Market is poised for steady growth, driven by increasing demand from construction and healthcare sectors worldwide. Innovations in production, expanding applications, and regional infrastructure developments continue to support market expansion. Despite regulatory and environmental challenges, the industry remains resilient, with opportunities emerging from sustainable and bio-based alternatives. 

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