1 Table of Contents
1 Table of Contents 3
1.1 List of Tables 7
1.2 List of Figures 8
2 Introduction 10
2.1 What is this Report About? 10
2.2 GBI Report Coverage 10
2.3 Vinyl’s value chain 11
3 Global Vinyl Chloride Monomer(VCM) Industry 12
3.1 Global VCM Industry Overview 12
3.2 Global VCM Industry Drivers 12
3.2.1 Growth in Asian economies to drive the capacity additions 12
3.2.2 Low per capita consumption in developing nations to aid capacity growth 12
3.2.3 Substitution by PVC of traditional materials to increase capacity growth 12
3.3 Global VCM Industry Restraints 12
3.3.1 Lower growth in traditional markets to hinder future capacity additions 12
3.3.2 Lack of diversification in end use will effect future capacity growth. 12
3.3.3 Environmental and Health concerns raise difficulties for VCM capacity additions 12
3.4 Global VCM Industry Challenges 13
3.4.1 Volatility of ethylene prices to effect the profitability of VCM producers 13
3.4.2 Competition from other polyolefin’s hamper VCM capacity additions 13
3.5 Global VCM Capacity and Production Analysis, and Forecasts to 2020 13
3.6 Global VCM Capacity Analysis by Key Feedstock 15
3.7 Global VCM Capacity Analysis by Production Process 16
3.8 Global VCM Capacity Analysis by Technology 17
3.9 Global VCM Capacity Analysis by Region and Forecasts to 2020 18
3.10 Global VCM Capacity Competitive Landscape 19
4 Asia Pacific Vinyl Chloride Monomer(VCM) Industry 20
4.1 Asia Pacific VCM Industry Overview 20
4.2 Asia Pacific VCM Industry Drivers 20
4.2.1 Increase in Demand from China, India, South Korea and Others to drive VCM capacity 20
4.2.2 Low Per Capita Consumption of PVC Provides Scope for capacity Growth 20
4.2.3 Growth in End Use Industries Driving the VCM Capacity in the Region 20
4.3 Asia Pacific VCM Industry Restraints 20
4.3.1 Saturation of Demand in Japan Limits the VCM Capacity Growth in the Region 20
4.3.2 The Concentration of Demand in a Few Countries Only 20
4.4 Asia Pacific VCM Capacity and Production Analysis, and Forecasts to 2020 21
4.5 Asia Pacific VCM Capacity Analysis by Key Feedstock 23
4.6 Asia Pacific VCM Capacity Analysis by Production Process 24
4.7 Asia Pacific VCM Capacity Analysis by Technology 25
4.8 Asia Pacific VCM Capacity Competitive Landscape 26
4.9 China Vinyl Chloride Monomer Industry 27
4.9.1 China VCM Industry Overview 27
4.9.2 China VCM Capacity and Production Analysis, and Forecasts to 2020 27
4.9.3 China VCM Feedstock Price Analysis and Forecasts to 2020 29
4.9.4 China VCM Market Competitive Landscape 31
4.10 India Vinyl Chloride Monomer Industry 32
4.10.1 India VCM Industry Overview 32
4.10.2 India VCM Capacity and Production Analysis, and Forecasts to 2020 32
4.10.3 India VCM Feedstock Price Analysis and Forecasts to 2020 34
4.10.4 India VCM Market Competitive Landscape 36
4.11 Japan Vinyl Chloride Monomer Industry 37
4.11.1 Japan VCM Industry Overview 37
4.11.2 Japan VCM Capacity and Production Analysis, and Forecasts to 2020 37
4.11.3 Japan VCM Feedstock Price Analysis and Forecasts to 2020 39
4.11.4 Japan VCM Market Competitive Landscape 41
4.12 South Korea Vinyl Chloride Monomer Industry 42
4.12.1 South Korea VCM Industry Overview 42
4.12.2 South Korea VCM Capacity and Production Analysis, and Forecasts to 2020 42
4.12.3 South Korea VCM Feedstock Price Analysis and Forecasts to 2020 44
4.12.4 South Korea VCM Market Competitive Landscape 46
5 North America Vinyl Chloride Monomer(VCM) Industry 47
5.1 North America VCM Industry Overview 47
5.2 North America VCM Industry Drivers 47
5.2.1 New polices and stimulus packages by the US Government 47
5.2.2 Recovery from economic downturn 47
5.3 North America VCM Industry Restraints 47
5.3.1 Saturation of Demand in the US Market 47
5.3.2 Economic Downturn has restricted the Growth of VCM Capacity in North America 47
5.3.3 Low cost of imports from China and other developing nations 47
5.4 North America VCM Capacity and Production Analysis, and Forecasts to 2020 48
5.5 North America VCM Capacity Analysis by Key Feedstock 50
5.6 North America VCM Capacity Analysis by Production Process 51
5.7 North America VCM Capacity Analysis by Technology 52
5.8 North America VCM Capacity Competitive Landscape 53
5.9 The US Vinyl Chloride Monomer Industry 54
5.9.1 The US VCM Industry Overview 54
5.9.2 The US VCM Capacity and Production Analysis, and Forecasts to 2020 54
5.9.3 The US VCM Feedstock Price Analysis and Forecasts to 2020 56
5.9.4 The US VCM Market Competitive Landscape 58
5.10 Canada Vinyl Chloride Monomer Industry 59
5.10.1 Canada VCM Industry Overview 59
5.10.2 Canada VCM Capacity and Production Analysis, and Forecasts to 2020 59
5.10.3 Canada VCM Feedstock Price Analysis and Forecasts to 2020 61
5.10.4 Canada VCM Market Competitive Landscape 63
6 Europe Vinyl Chloride Monomer(VCM) Industry 64
6.1 Europe VCM Industry Overview 64
6.2 Europe VCM Industry Drivers 64
6.2.1 Low Per Capita Consumption of PVC Provides Scope for Capacity Growth 64
6.2.2 Growth in Central and East European countries to drive Capacity growth 64
6.3 Europe VCM Industry Restraints 64
6.3.1 Saturation of Demand in the West European Market 64
6.3.2 Low cost of imports from China and other developing nations 64
6.4 Europe VCM Capacity and Production Analysis, and Forecasts to 2020 65
6.5 Europe VCM Capacity Analysis by Key Feedstock 67
6.6 Europe VCM Capacity Analysis by Production Process 68
6.7 Europe VCM Capacity Analysis by Technology 69
6.8 Europe VCM Capacity Competitive Landscape 70
6.9 Germany Vinyl Chloride Monomer Industry 71
6.9.1 Germany VCM Industry Overview 71
6.9.2 Germany VCM Capacity and Production Analysis, and Forecasts to 2020 71
6.9.3 Germany VCM Feedstock Price Analysis and Forecasts to 2020 73
6.9.4 Germany VCM Market Competitive Landscape 75
6.10 The UK Vinyl Chloride Monomer Industry 76
6.10.1 The UK VCM Industry Overview 76
6.10.2 The UK VCM Capacity and Production Analysis, and Forecasts to 2020 76
6.10.3 The UK VCM Feedstock Price Analysis and Forecasts to 2020 78
6.10.4 The UK VCM Market Competitive Landscape 80
6.11 France Vinyl Chloride Monomer Industry 81
6.11.1 France VCM Industry Overview 81
6.11.2 France VCM Capacity and Production Analysis, and Forecasts to 2020 81
6.11.3 France VCM Feedstock Price Analysis and Forecasts to 2020 83
6.11.4 France VCM Market Competitive Landscape 85
6.12 Italy Vinyl Chloride Monomer Industry 86
6.12.1 Italy VCM Industry Overview 86
6.12.2 Italy VCM Capacity and Production Analysis, and Forecasts to 2020 86
6.12.3 Italy VCM Feedstock Price Analysis and Forecasts to 2020 88
6.12.4 Italy VCM Market Competitive Landscape 90
6.13 Russia Vinyl Chloride Monomer Industry 91
6.13.1 Russia VCM Industry Overview 91
6.13.2 Russia VCM Capacity and Production Analysis, and Forecasts to 2020 91
6.13.3 Russia VCM Feedstock Price Analysis and Forecasts to 2020 93
6.13.4 Russia VCM Market Competitive Landscape 95
7 Middle East and Africa Vinyl Chloride Monomer(VCM) Industry 96
7.1 Middle East and Africa VCM Industry Overview 96
7.2 Middle East and Africa VCM Industry Drivers 96
7.2.1 The Growing Economies of Saudi Arabia and Iran are leading the Capacity Growth for VCM in the Region 96
7.2.2 Lack of downstream processing industries may aid Capacity additions in the Region 96
7.2.3 Low Per Capita Consumption of VCM in the Region Offers Scope for Greater Penetration 96
7.3 Middle East and Africa VCM Industry Restraints 96
7.3.1 Slower Growth of Some Middle East and African Economies may obstruct the VCM Capacity Growth in the Region 96
7.3.2 Low cost of imports from China and other developing nations 96
7.4 Middle East and Africa VCM Capacity and Production Analysis, and Forecasts to 2020 97
7.5 Middle East and Africa VCM Capacity Analysis by Key Feedstock 99
7.6 Middle East and Africa VCM Capacity Analysis by Production Process 100
7.7 Middle East and Africa VCM Capacity Analysis by Technology 101
7.8 Middle East and Africa VCM Capacity Competitive Landscape 102
7.9 Saudi Arabia Vinyl Chloride Monomer Industry 103
7.9.1 Saudi Arabia VCM Industry Overview 103
7.9.2 Saudi Arabia VCM Capacity and Production Analysis, and Forecasts to 2020 103
7.9.3 Saudi Arabia VCM Feedstock Price Analysis and Forecasts to 2020 105
7.9.4 Saudi Arabia VCM Market Competitive Landscape 107
7.10 Iran Vinyl Chloride Monomer Industry 108
7.10.1 Iran VCM Industry Overview 108
7.10.2 Iran VCM Capacity and Production Analysis, and Forecasts to 2020 108
7.10.3 Iran VCM Feedstock Price Analysis and Forecasts to 2020 110
7.10.4 Iran VCM Market Competitive Landscape 112
8 South and Central America Vinyl Chloride Monomer(VCM) Industry 113
8.1 South and Central America VCM Industry Overview 113
8.2 South and Central America VCM Industry Drivers 113
8.2.1 Strong Growth in Brazil aiding VCM Capacity Growth in the Region 113
8.2.2 Low Per Capita Consumption of VCM in the Region Provides Huge Scope for Capacity Growth 113
8.3 South and Central America VCM Industry Restraints 113
8.3.1 Certain Unstable Economies in the Region are Unsupportive to the Demand Growth 113
8.3.2 The Economic Slowdown in North America is having a Negative Effect on the Region’s VCM Capacity Growth 113
8.3.3 Surplus stock in the developed countries 113
8.4 South and Central America VCM Capacity and Production Analysis, and Forecasts to 2020 114
8.5 South and Central America VCM Capacity Analysis by Key Feedstock 116
8.6 South and Central America VCM Capacity Analysis by Production Process 117
8.7 South and Central America VCM Capacity Analysis by Technology 118
8.8 South and Central America VCM Capacity Competitive Landscape 119
8.9 Mexico Vinyl Chloride Monomer Industry 120
8.9.1 Mexico VCM Industry Overview 120
8.9.2 Mexico VCM Capacity and Production Analysis, and Forecasts to 2020 120
8.9.3 Mexico VCM Feedstock Price Analysis and Forecasts to 2020 122
8.9.4 Mexico VCM Market Competitive Landscape 124
8.10 Brazil Vinyl Chloride Monomer Industry 125
8.10.1 Brazil VCM Industry Overview 125
8.10.2 Brazil VCM Capacity and Production Analysis, and Forecasts to 2020 125
8.10.3 Brazil VCM Feedstock Price Analysis and Forecasts to 2020 127
8.10.4 Brazil VCM Market Competitive Landscape 129
8.11 Argentina Vinyl Chloride Monomer Industry 130
8.11.1 Argentina VCM Industry Overview 130
8.11.2 Argentina VCM Capacity and Production Analysis, and Forecasts to 2020 130
8.11.3 Argentina VCM Feedstock Price Analysis and Forecasts to 2020 132
8.11.4 Argentina VCM Market Competitive Landscape 134
9 Appendix 135
9.1 About GBI Research 135
9.2 Market Definition 135
9.3 Abbreviations 135
9.4 Methodology 135
9.4.1 Coverage 135
9.4.2 Secondary Research 135
9.4.3 Primary Research 136
9.4.4 Expert Panel Validation 136
9.5 Contact Us 136
9.6 Disclaimer 136
1.1 List of Tables
Table 1: VCM, Global Capacity and Production, Million Tons, 2000-2020 14
Table 2: VCM, Global Capacity by Feedstock, Million Tons, 2009 15
Table 3: VCM, Global Capacity by Process, Million Tons, 2009 16
Table 4: VCM, Global, Capacity by Technology, Million Tons, 2009 17
Table 5: VCM, Global Capacity by Region, Million Tons, 2009-2020 18
Table 6: VCM, Asia Pacific Capacity and Production, Million Tons, 2000-2020 22
Table 7: VCM, Asia Capacity by Feedstock, Million Tons, 2009 23
Table 8: VCM, Asia Capacity by Process, Million Tons, 2009 24
Table 9: VCM, Asia Capacity by Technology, Million Tons, 2009 25
Table 10: VCM, China Capacity and Production, Million Tons, 2000-2020 28
Table 11: EDC, China Price, $/Ton, 2000-2020 30
Table 12: VCM, India Capacity and Production, Million Tons, 2000-2020 33
Table 13: EDC, India Price, $/Ton, 2000-2020 35
Table 14: VCM, Japan Capacity and Production, Million Tons, 2000-2020 38
Table 15: EDC, Japan Price, $/Ton, 2000-2020 40
Table 16: VCM, South Korea Capacity and Production, Million Tons, 2000-2020 43
Table 17: EDC, South Korea Price, $/Ton, 2000-2020 45
Table 18: VCM, North America Capacity and Production, Million Tons, 2000-2020 49
Table 19: VCM, North America Capacity by Feedstock, Million Tons, 2009 50
Table 20: VCM, North America Capacity by Process, Million Tons, 2009 51
Table 21: VCM, North America Capacity by Technology, Million Tons, 2009 52
Table 22: VCM, US Capacity and Production, Million Tons, 2000-2020 55
Table 23: EDC, The US Price, $/Ton, 2000-2020 57
Table 24: VCM, Canada Capacity and Production, Million Tons, 2000-2020 60
Table 25: EDC, Canada Price, $/Ton, 2000-2020 62
Table 26: VCM, Europe Capacity and Production, Million Tons, 2000-2020 66
Table 27: VCM, Europe Capacity by Feedstock, Million Tons, 2009 67
Table 28: VCM, Europe Capacity by Process, Million Tons, 2009 68
Table 29: VCM, Europe Capacity by Technology, Million Tons, 2009 69
Table 30: VCM, Germany Capacity and Production, Million Tons, 2000-2020 72
Table 31: EDC, Germany Price, $/Ton, 2000-2020 74
Table 32: VCM, UK Capacity and Production, Million Tons, 2000-2020 77
Table 33: EDC, The UK Price, $/Ton, 2000-2020 79
Table 34: VCM, France Capacity and Production, Million Tons, 2000-2020 82
Table 35: EDC, France Price, $/Ton, 2000-2020 84
Table 36: VCM, Italy Capacity and Production, Million Tons, 2000-2020 87
Table 37: EDC, Italy Price, $/Ton, 2000-2020 89
Table 38: VCM, Russia Capacity and Production, Million Tons, 2000-2020 92
Table 39: EDC, Russia Price, $/Ton, 2000-2020 94
Table 40: VCM, Middle East and Africa Capacity and Production, Million Tons, 2000-2020 98
Table 41: VCM, Middle East and Africa Capacity by Feedstock, Million Tons, 2009 99
Table 42: VCM, Middle East and Africa Capacity by Process, Million Tons, 2009 100
Table 43: VCM, Middle East and Africa, Capacity by Technology, Million Tons, 2009 101
Table 44: VCM, Saudi Arabia Capacity and Production, Million Tons, 2000-2020 104
Table 45: EDC, Saudi Arabia Price, $/Ton, 2000-2020 106
Table 46: VCM, Iran Capacity and Production, Million Tons, 2000-2020 109
Table 47: EDC, Iran Price, $/Ton, 2000-2020 111
Table 48: VCM, South and Central America Capacity and Production, Million Tons, 2000-2020 115
Table 49: VCM, South and Central America Capacity by Feedstock, Million Tons, 2009 116
Table 50: VCM, South and Central America Capacity by Process, Million Tons, 2009 117
Table 51: VCM, South and Central America, Capacity by Technology, Million Tons, 2009 118
Table 52: VCM, Mexico Capacity and Production, Million Tons, 2000-2020 121
Table 53: EDC, Mexico Price, $/Ton, 2000-2020 123
Table 54: VCM, Brazil Capacity and Production, Million Tons, 2000-2020 126
Table 55: EDC, Brazil Price, $/Ton, 2000-2020 128
Table 56: VCM, Argentina Capacity and Production, Million Tons, 2000-2020 131
Table 57: EDC, Argentina Price, $/Ton, 2000-2020 133
1.2 List of Figures
Figure 1: Vinyl’s Value Chain 11
Figure 2: VCM, Global Capacity and Production, Million Tons, 2000-2020 13
Figure 3: VCM, Global Capacity by Feedstock, %, 2009 15
Figure 4: VCM, Global Capacity by Process, %, 2009 16
Figure 5: VCM, Global Capacity by Technology, %, 2009 17
Figure 6: VCM, Global Capacity Share by Region, %, 2009 18
Figure 7: VCM, Global Capacity Share, %, 2009 19
Figure 8: VCM, Asia Capacity and Production, Million Tons, 2000-2020 21
Figure 9: VCM, Asia Capacity by Feedstock, %, 2009 23
Figure 10: VCM, Asia Capacity by Process, %, 2009 24
Figure 11: VCM, Asia Capacity by Technology, %, 2009 25
Figure 12: VCM, Asia Capacity Share, %, 2009 26
Figure 13: VCM, China Capacity and Production, Million Tons, 2000-2020 27
Figure 14: EDC, China Price, $/Ton, 2000-2020 29
Figure 15: VCM, China Capacity Share, %, 2009 31
Figure 16: VCM, India Capacity and Production, Million Tons, 2000-2020 32
Figure 17: EDC, India Price, $/Ton, 2000-2020 34
Figure 18: VCM, India Capacity Share, %, 2009 36
Figure 19: VCM, Japan Capacity and Production, Million Tons, 2000-2020 37
Figure 20: EDC, Japan Price, $/Ton, 2000-2020 39
Figure 21: VCM, Japan Capacity Share, %, 2009 41
Figure 22: VCM, South Korea Capacity and Production, Million Tons, 2000-2020 42
Figure 23: EDC, South Korea, Price, $/Ton, 2000-2020 44
Figure 24: VCM, South Korea Capacity Share, %, 2009 46
Figure 25: VCM, North America Capacity and Production, Million Tons, 2000-2020 48
Figure 26: VCM, North America Capacity by Feedstock, %, 2009 50
Figure 27: VCM, North America Capacity by Process, %, 2009 51
Figure 28: VCM, North America Capacity by Technology, %, 2009 52
Figure 29: VCM, North America Capacity Share, %, 2009 53
Figure 30: VCM, US Capacity and Production, Million Tons, 2000-2020 54
Figure 31: EDC, The US Price, $/Ton, 2000-2020 56
Figure 32: VCM, US Capacity Share, %, 2009 58
Figure 33: VCM, Canada Capacity and Production, Million Tons, 2000-2020 59
Figure 34: EDC, Canada Price, $/Ton, 2000-2020 61
Figure 35: VCM, Canada Capacity Share, %, 2009 63
Figure 36: VCM, Europe Capacity and Production, Million Tons, 2000-2020 65
Figure 37: VCM, Europe Capacity by Feedstock, %, 2009 67
Figure 38: VCM, Europe Capacity by Process, %, 2009 68
Figure 39: VCM, Europe Capacity by Technology, %, 2009 69
Figure 40: VCM, Europe Capacity Share, %, 2009 70
Figure 41: VCM, Germany Capacity and Production, Million Tons, 2000-2020 71
Figure 42: EDC, Germany Price, $/Ton, 2000-2020 73
Figure 43: VCM, Germany Capacity Share, %, 2009 75
Figure 44: VCM, UK Capacity and Production, Million Tons, 2000-2020 76
Figure 45: EDC, The UK Price, $/Ton, 2000-2020 78
Figure 46: VCM, UK Capacity Share, %, 2009 80
Figure 47: VCM, France Capacity and Production, Million Tons, 2000-2020 81
Figure 48: EDC, France Price, $/Ton, 2000-2020 83
Figure 49: VCM, France Capacity Share, %, 2009 85
Figure 50: VCM, Italy Capacity and Production, Million Tons, 2000-2020 86
Figure 51: EDC, Italy Price, $/Ton, 2000-2020 88
Figure 52: VCM, Italy Capacity Share, %, 2009 90
Figure 53: VCM, Russia Capacity and Production, Million Tons, 2000-2020 91
Figure 54: EDC, Russia Price, $/Ton, 2000-2020 93
Figure 55: VCM, Russia Capacity Share, %, 2009 95
Figure 56: VCM, Middle East and Africa Capacity and Production, Million Tons, 2000-2020 97
Figure 57: VCM, Middle East and Africa Capacity by Feedstock, %, 2009 99
Figure 58: VCM, Middle East and Africa Capacity by Process, %, 2009 100
Figure 59: VCM, Middle East and Africa, Capacity by Technology, %, 2009 101
Figure 60: VCM, Middle East and Africa Capacity Share, %, 2009 102
Figure 61: VCM, Saudi Arabia Capacity and Production, Million Tons, 2000-2020 103
Figure 62: EDC, Saudi Arabia Price, $/Ton, 2000-2020 105
Figure 63: VCM, Saudi Arabia Capacity Share, %, 2009 107
Figure 64: VCM, Iran Capacity and Production, Million Tons, 2000-2020 108
Figure 65: EDC, Iran Price, $/Ton, 2000-2020 110
Figure 66: VCM, Iran Capacity Share, %, 2009 112
Figure 67: VCM, South and Central America Capacity and Production, Million Tons, 2000-2020 114
Figure 68: VCM, South and Central America Capacity by Feedstock, %, 2009 116
Figure 69: VCM, South and Central America Capacity by Process, %, 2009 117
Figure 70: VCM, South and Central America, Capacity by Technology, %, 2009 118
Figure 71: VCM, South and Central America Capacity Share, %, 2009 119
Figure 72: VCM, Mexico Capacity and Production, Million Tons, 2000-2020 120
Figure 73: EDC, Mexico Price, $/Ton, 2000-2020 122
Figure 74: VCM, Mexico Capacity Share, %, 2009 124
Figure 75: VCM, Brazil Capacity and Production, Million Tons, 2000-2020 125
Figure 76: EDC, Brazil Price, $/Ton, 2000-2020 127
Figure 77: VCM, Brazil Capacity Share, %, 2009 129
Figure 78: VCM, Argentina Capacity and Production, Million Tons, 2000-2020 130
Figure 79: EDC, Argentina Price, $/Ton, 2000-2020 132
Figure 80: VCM, Argentina Capacity Share, %, 2009 134