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World - Vinyl Chloride-Vinyl Acetate Copolymers and Other Vinyl Chloride Copolymers in Primary Forms - Market Analysis, Forecast, Size, Trends And Insights
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View PricingVinyl Chloride-Vinyl Acetate and Other Vinyl Chloride Copolymers Market
The article provides an in-depth analysis of the global market for vinyl chloride-vinyl acetate copolymers and other vinyl chloride copolymers in primary forms. It discusses consumption trends, production volumes, import and export statistics, as well as key industry players and growth opportunities. Insights are provided on the market performance, forecasted growth rates, and market values up to 2030. Key consuming and producing countries are highlighted, along with trends in per capita consumption. The article also covers average import and export prices, trends in pricing, and notable growth rates across different regions. Overall, the comprehensive data presented in the article offers valuable information for industry professionals and stakeholders looking to understand and capitalize on opportunities in the vinyl chloride copolymers market.
Market Forecast
Driven by increasing demand for vinyl chloride-vinyl acetate copolymers and other vinyl chloride copolymers in primary forms worldwide, the market is expected to continue an upward consumption trend over the next eight years. Market performance is forecast to retain its current trend pattern, expanding with an anticipated CAGR of +1.5% for the period from 2022 to 2030, which is projected to bring the market volume to 3M tons by the end of 2030.
In value terms, the market is forecast to increase with an anticipated CAGR of +2.9% for the period from 2022 to 2030, which is projected to bring the market value to $9.1B (in nominal prices) by the end of 2030.
Consumption
World Consumption of Vinyl Chloride-Vinyl Acetate Copolymers and Other Vinyl Chloride Copolymers in Primary Forms
In 2022, the amount of vinyl chloride-vinyl acetate copolymers and other vinyl chloride copolymers in primary forms consumed worldwide was estimated at 2.6M tons, therefore, remained relatively stable against the previous year. The total consumption volume increased at an average annual rate of +1.3% over the period from 2012 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed in certain years. The pace of growth appeared the most rapid in 2020 with an increase of 3.2%. As a result, consumption reached the peak volume of 2.7M tons. From 2021 to 2022, the growth of the global consumption of remained at a somewhat lower figure.
The size of the market for vinyl chloride-vinyl acetate copolymers and other vinyl chloride copolymers in primary forms worldwide expanded rapidly to $7.2B in 2022, surging by 8% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). The market value increased at an average annual rate of +1.7% from 2012 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.
Consumption By Country
The countries with the highest volumes of consumption in 2022 were China (1.1M tons), the United States (649K tons) and Germany (103K tons), with a combined 71% share of global consumption. India, France, Japan, Brazil, South Korea and Spain lagged somewhat behind, together accounting for a further 16%.
From 2012 to 2022, the most notable rate of growth in terms of forms, amongst the main consuming countries, was attained by France (with a CAGR of +3.8%), while forms for the other global leaders experienced more modest paces of growth.
In value terms, the largest vinyl chloride-vinyl acetate and other vinyl chloride copolymers markets worldwide were China ($3.4B), the United States ($1.7B) and Germany ($256M), together accounting for 74% of the global market. India, Japan, Brazil, France, Spain and South Korea lagged somewhat behind, together accounting for a further 14%.
France, with a CAGR of +4.8%, saw the highest growth rate of market size among the main consuming countries over the period under review, while forms for the other global leaders experienced more modest paces of growth.
The countries with the highest levels of vinyl chloride-vinyl acetate and other vinyl chloride copolymers per capita consumption in 2022 were the United States (1,935 kg per 1000 persons), France (1,332 kg per 1000 persons) and Germany (1,237 kg per 1000 persons).
From 2012 to 2022, the most notable rate of growth in terms of forms, amongst the key consuming countries, was attained by France (with a CAGR of +3.5%), while forms for the other global leaders experienced more modest paces of growth.
Production
World Production of Vinyl Chloride-Vinyl Acetate Copolymers and Other Vinyl Chloride Copolymers in Primary Forms
Global production of vinyl chloride-vinyl acetate copolymers and other vinyl chloride copolymers in primary forms totaled 2.7M tons in 2022, increasing by 1.6% on the previous year. The total output volume increased at an average annual rate of +1.5% over the period from 2012 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when the production volume increased by 3.9% against the previous year. As a result, production reached the peak volume of 2.7M tons; afterwards, it flattened through to 2022.
In value terms, production of vinyl chloride-vinyl acetate copolymers and other vinyl chloride copolymers in primary forms expanded markedly to $7.4B in 2022 estimated in export price. The total output value increased at an average annual rate of +1.8% over the period from 2012 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. As a result, production attained the peak level and is likely to continue growth in the immediate term.
Production By Country
The countries with the highest volumes of production in 2022 were China (1.1M tons), the United States (638K tons) and Germany (187K tons), together comprising 72% of global production.
From 2012 to 2022, the most notable rate of growth in terms of forms, amongst the main producing countries, was attained by China (with a CAGR of +3.7%), while forms for the other global leaders experienced more modest paces of growth.
Imports
World Imports of Vinyl Chloride-Vinyl Acetate Copolymers and Other Vinyl Chloride Copolymers in Primary Forms
In 2022, approx. 325K tons of vinyl chloride-vinyl acetate copolymers and other vinyl chloride copolymers in primary forms were imported worldwide; waning by -11.2% compared with the previous year. The total import volume increased at an average annual rate of +1.5% from 2012 to 2022; the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 12%. Global imports peaked at 379K tons in 2018; however, from 2019 to 2022, imports remained at a lower figure.
In value terms, imports of vinyl chloride-vinyl acetate copolymers and other vinyl chloride copolymers in primary forms amounted to $846M in 2022. The total import value increased at an average annual rate of +3.4% from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when imports increased by 38%. Global imports peaked in 2022 and are likely to see steady growth in the immediate term.
Imports By Country
In 2022, the United States (56K tons), Canada (37K tons), Italy (28K tons), China (25K tons), Germany (19K tons), India (17K tons), Thailand (13K tons), France (11K tons), Belgium (9.7K tons), the Netherlands (8.8K tons), the UK (8.3K tons) and Mexico (7.1K tons) represented the main importer of vinyl chloride-vinyl acetate copolymers and other vinyl chloride copolymers in primary forms in the world, committing 74% of total import. The Czech Republic (6.9K tons) followed a long way behind the leaders.
From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Canada (with a CAGR of +13.3%), while imports for the other global leaders experienced more modest paces of growth.
In value terms, the United States ($146M), Canada ($109M) and China ($68M) appeared to be the countries with the highest levels of imports in 2022, together accounting for 38% of global imports.
In terms of the main importing countries, Canada, with a CAGR of +15.5%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other global leaders experienced more modest paces of growth.
Imports By Type
Vinyl chloride, other halogenated olefin polymers; vinyl chloride-vinyl acetate copolymers, in primary forms represented the major imported product with an import of around 188K tons, which finished at 58% of total imports. It was distantly followed by vinyl chloride, other halogenated olefin polymers; vinyl chloride copolymers, in primary forms n.e.s. in heading no. 3904 (137K tons), creating a 42% share of total imports.
From 2012 to 2022, the biggest increases were recorded for vinyl chloride, other halogenated olefin polymers; vinyl chloride copolymers, in primary forms n.e.s. in heading no. 3904 (with a CAGR of +2.0%).
In value terms, vinyl chloride, other halogenated olefin polymers; vinyl chloride-vinyl acetate copolymers, in primary forms ($483M) and vinyl chloride, other halogenated olefin polymers; vinyl chloride copolymers, in primary forms n.e.s. in heading no. 3904 ($363M) appeared to be the products with the highest levels of imports in 2022.
Among the main imported products, vinyl chloride, other halogenated olefin polymers; vinyl chloride copolymers, in primary forms n.e.s. in heading no. 3904, with a CAGR of +3.6%, recorded the highest rates of growth with regard to the value of imports, over the period under review.
Import Prices By Type
The average import price for vinyl chloride-vinyl acetate copolymers and other vinyl chloride copolymers in primary forms stood at $2,605 per ton in 2022, jumping by 18% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.0%. The most prominent rate of growth was recorded in 2021 when the average import price increased by 23%. Over the period under review, average import prices attained the peak figure in 2022 and is likely to see gradual growth in years to come.
Average prices varied noticeably amongst the major imported products. In 2022, the product with the highest price was vinyl chloride, other halogenated olefin polymers; vinyl chloride copolymers, in primary forms n.e.s. in heading no. 3904 ($2,647 per ton), while the price for vinyl chloride, other halogenated olefin polymers; vinyl chloride-vinyl acetate copolymers, in primary forms totaled $2,574 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by vinyl chloride, other halogenated olefin polymers; vinyl chloride-vinyl acetate copolymers, in primary forms (+2.2%).
Import Prices By Country
In 2022, the average import price for vinyl chloride-vinyl acetate copolymers and other vinyl chloride copolymers in primary forms amounted to $2,605 per ton, jumping by 18% against the previous year. Over the last decade, it increased at an average annual rate of +2.0%. The pace of growth was the most pronounced in 2021 an increase of 23% against the previous year. Over the period under review, average import prices attained the peak figure in 2022 and is expected to retain growth in years to come.
Average prices varied somewhat amongst the major importing countries. In 2022, major importing countries recorded the following prices: in India ($3,181 per ton) and Mexico ($2,963 per ton), while the Czech Republic ($2,168 per ton) and Italy ($2,364 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+4.0%), while the other global leaders experienced more modest paces of growth.
Exports
World Exports of Vinyl Chloride-Vinyl Acetate Copolymers and Other Vinyl Chloride Copolymers in Primary Forms
In 2022, overseas shipments of vinyl chloride-vinyl acetate copolymers and other vinyl chloride copolymers in primary forms decreased by -6.8% to 355K tons for the first time since 2019, thus ending a two-year rising trend. The total export volume increased at an average annual rate of +2.6% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2014 with an increase of 9.5% against the previous year. Over the period under review, the global exports of attained the maximum at 381K tons in 2021, and then declined in the following year.
In value terms, exports of vinyl chloride-vinyl acetate copolymers and other vinyl chloride copolymers in primary forms expanded notably to $871M in 2022. The total export value increased at an average annual rate of +3.8% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 with an increase of 35% against the previous year. The global exports peaked in 2022 and are likely to continue growth in the immediate term.
Exports By Country
Germany was the key exporting country with an export of around 104K tons, which accounted for 29% of total exports. The United States (45K tons) took a 13% share (based on physical terms) of total exports, which put it in second place, followed by Belgium (10%), Canada (9%), South Korea (7.4%), Japan (6.6%) and China (5.9%). Saudi Arabia (15K tons) took a relatively small share of total exports.
Germany experienced a relatively flat trend pattern with regard to volume of exports of vinyl chloride-vinyl acetate copolymers and other vinyl chloride copolymers in primary forms. At the same time, Saudi Arabia (+24.9%), Canada (+19.2%), South Korea (+7.4%), China (+5.8%), Japan (+5.8%), the United States (+5.5%) and Belgium (+3.6%) displayed positive paces of growth. Moreover, Saudi Arabia emerged as the fastest-growing exporter exported in the world, with a CAGR of +24.9% from 2012-2022. Canada (+7 p.p.), Saudi Arabia (+3.6 p.p.), the United States (+3.1 p.p.), South Korea (+2.7 p.p.), Japan (+1.7 p.p.) and China (+1.6 p.p.) significantly strengthened its position in terms of the global exports, while Germany saw its share reduced by -11.1% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.
In value terms, Germany ($279M) remains the largest vinyl chloride-vinyl acetate and other vinyl chloride copolymers supplier worldwide, comprising 32% of global exports. The second position in the ranking was held by the United States ($126M), with a 14% share of global exports. It was followed by Belgium, with a 9.1% share.
From 2012 to 2022, the average annual rate of growth in terms of value in Germany stood at +1.2%. The remaining exporting countries recorded the following average annual rates of exports growth: the United States (+5.7% per year) and Belgium (+7.7% per year).
Exports By Type
In 2022, vinyl chloride, other halogenated olefin polymers; vinyl chloride-vinyl acetate copolymers, in primary forms (198K tons), distantly followed by vinyl chloride, other halogenated olefin polymers; vinyl chloride copolymers, in primary forms n.e.s. in heading no. 3904 (157K tons) represented the largest types of vinyl chloride-vinyl acetate copolymers and other vinyl chloride copolymers in primary forms, together constituting 100% of total exports.
From 2012 to 2022, the biggest increases were recorded for vinyl chloride, other halogenated olefin polymers; vinyl chloride copolymers, in primary forms n.e.s. in heading no. 3904 (with a CAGR of +4.3%).
In value terms, the largest types of exported vinyl chloride-vinyl acetate copolymers and other vinyl chloride copolymers in primary forms were vinyl chloride, other halogenated olefin polymers; vinyl chloride-vinyl acetate copolymers, in primary forms ($490M) and vinyl chloride, other halogenated olefin polymers; vinyl chloride copolymers, in primary forms n.e.s. in heading no. 3904 ($381M).
In terms of the main exported products, vinyl chloride, other halogenated olefin polymers; vinyl chloride copolymers, in primary forms n.e.s. in heading no. 3904, with a CAGR of +4.3%, saw the highest growth rate of the value of exports, over the period under review.
Export Prices By Type
In 2022, the average export price for vinyl chloride-vinyl acetate copolymers and other vinyl chloride copolymers in primary forms amounted to $2,454 per ton, growing by 13% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.2%. The most prominent rate of growth was recorded in 2021 when the average export price increased by 24% against the previous year. The global export price peaked in 2022 and is likely to continue growth in the near future.
Average prices varied noticeably amongst the major exported products. In 2022, the product with the highest price was vinyl chloride, other halogenated olefin polymers; vinyl chloride-vinyl acetate copolymers, in primary forms ($2,479 per ton), while the average price for exports of vinyl chloride, other halogenated olefin polymers; vinyl chloride copolymers, in primary forms n.e.s. in heading no. 3904 stood at $2,422 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by vinyl chloride, other halogenated olefin polymers; vinyl chloride-vinyl acetate copolymers, in primary forms (+2.0%).
Export Prices By Country
In 2022, the average export price for vinyl chloride-vinyl acetate copolymers and other vinyl chloride copolymers in primary forms amounted to $2,454 per ton, growing by 13% against the previous year. Over the last decade, it increased at an average annual rate of +1.2%. The pace of growth was the most pronounced in 2021 an increase of 24%. Over the period under review, the average export prices attained the maximum in 2022 and is expected to retain growth in the immediate term.
There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was China ($3,175 per ton), while Saudi Arabia ($1,090 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+3.9%), while the other global leaders experienced more modest paces of growth.
This report provides an in-depth analysis of the global market for vinyl chloride-vinyl acetate and other vinyl chloride copolymers. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 20163040 - Vinyl chloride-vinyl acetate copolymers and other vinyl chloride copolymers, in primary forms
Country coverage:
Worldwide - the report contains statistical data for 200 countries and includes detailed profiles of the 50 largest consuming countries:
- USA
- China
- Japan
- Germany
- United Kingdom
- France
- Brazil
- Italy
- Russian Federation
- India
- Canada
- Australia
- Republic of Korea
- Spain
- Mexico
- Indonesia
- Netherlands
- Turkey
- Saudi Arabia
- Switzerland
- Sweden
- Nigeria
- Poland
- Belgium
- Argentina
- Norway
- Austria
- Thailand
- United Arab Emirates
- Colombia
- Denmark
- South Africa
- Malaysia
- Israel
- Singapore
- Egypt
- Philippines
- Finland
- Chile
- Ireland
- Pakistan
- Greece
- Portugal
- Kazakhstan
- Algeria
- Czech Republic
- Qatar
- Peru
- Romania
- Vietnam
+ the largest producing countries
Data coverage:
- Global market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Global production, split by region and country
- Global trade (exports and imports)
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- CONSUMPTION BY COUNTRY
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. GLOBAL PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
- PRODUCTION BY COUNTRY
8. GLOBAL IMPORTS
The Largest Importers on The Market and How They Succeed
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. GLOBAL EXPORTS
The Largest Exporters on The Market and How They Succeed
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
11. COUNTRY PROFILES
The Largest Markets And Their Profiles
This Chapter is Available Only for the Professional Edition PRO- United States
- China
- Japan
- Germany
- United Kingdom
- France
- Brazil
- Italy
- Russian Federation
- India
- Canada
- Australia
- Republic of Korea
- Spain
- Mexico
- Indonesia
- Netherlands
- Turkey
- Saudi Arabia
- Switzerland
- Sweden
- Nigeria
- Poland
- Belgium
- Argentina
- Norway
- Austria
- Thailand
- United Arab Emirates
- Colombia
- Denmark
- South Africa
- Malaysia
- Israel
- Singapore
- Egypt
- Philippines
- Finland
- Chile
- Ireland
- Pakistan
- Greece
- Portugal
- Kazakhstan
- Algeria
- Czech Republic
- Qatar
- Peru
- Romania
- Vietnam
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LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption, By Country, 2018–2023
- Production, In Physical Terms, By Country, 2012–2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Destination, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Origin, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Consumption, By Country, 2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Production, By Country, 2023
- Production, In Physical Terms, By Country, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, 2012–2023
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