Philippines Vinyl Chloride Monomer Market (2025-2031) | Forecast, Industry, Share, Value, Segmentation, Companies, Size & Revenue, Growth, Outlook, Trends, Competitive Landscape, Analysis
Market Forecast By Type (Liquid Vinyl Chloride Monomer, Solid Vinyl Chloride Monomer), By Application (Industrial, Agricultural, Construction, Automobile, Others) And Competitive Landscape
| Product Code: ETC8854304 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Sumit Sagar | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
Philippines Vinyl Chloride Monomer Market Top 5 Importing Countries and Market Competition (HHI) Analysis
In 2024, vinyl chloride monomer import shipments to the Philippines continued to be dominated by top exporting countries such as Japan, South Korea, UK, China, and Singapore. Despite a high Herfindahl-Hirschman Index (HHI) indicating concentration, the industry experienced a significant decline with a compound annual growth rate (CAGR) of -15.56% from 2020 to 2024. The growth rate in 2024 saw a further decrease of -18.86%, reflecting ongoing challenges and shifts in the market dynamics for vinyl chloride monomer imports in the Philippines.
Philippines Vinyl Chloride Monomer Market Overview
The vinyl chloride monomer (VCM) market in the Philippines plays a crucial role in the production of polyvinyl chloride (PVC), which is widely used in pipes, cables, and construction materials. Industrial demand for VCM continues to grow, driven by the expanding manufacturing and infrastructure sectors.
Trends of the market
The Philippines vinyl chloride monomer (VCM) market is expanding as VCM is a key precursor for the production of polyvinyl chloride (PVC), a widely used plastic material. The demand for PVC in construction, automotive, and consumer goods is driving the growth of the VCM market. With increasing industrialization and infrastructure development in the Philippines, the demand for PVC-based products such as pipes, profiles, and flooring continues to rise, thereby boosting the need for VCM.
Challenges of the market
This chemical market faces regulatory scrutiny over environmental and health risks, raw material price volatility, high capital costs for production facilities, and dependence on global supply chains.
Investment opportunities in the Market
The Philippines Vinyl Chloride Monomer market is expanding due to the increasing demand for polyvinyl chloride (PVC) products, such as pipes, flooring, and packaging materials. Vinyl chloride monomer is a key raw material in PVC production, and as industrial growth continues, there are investment opportunities in the production and supply of this essential chemical. The growing construction and manufacturing sectors in the Philippines present a strong market for vinyl chloride monomer.
Government Policy of the market
Chemical safety regulations under the EMB and the DENR (Department of Environment and Natural Resources) control the import, manufacture, and handling of vinyl chloride monomer. Policies aim to minimize environmental impact and worker exposure.
Key Highlights of the Report:
- Philippines Vinyl Chloride Monomer Market Outlook
- Market Size of Philippines Vinyl Chloride Monomer Market, 2024
- Forecast of Philippines Vinyl Chloride Monomer Market, 2031
- Historical Data and Forecast of Philippines Vinyl Chloride Monomer Revenues & Volume for the Period 2021- 2031
- Philippines Vinyl Chloride Monomer Market Trend Evolution
- Philippines Vinyl Chloride Monomer Market Drivers and Challenges
- Philippines Vinyl Chloride Monomer Price Trends
- Philippines Vinyl Chloride Monomer Porter's Five Forces
- Philippines Vinyl Chloride Monomer Industry Life Cycle
- Historical Data and Forecast of Philippines Vinyl Chloride Monomer Market Revenues & Volume By Type for the Period 2021- 2031
- Historical Data and Forecast of Philippines Vinyl Chloride Monomer Market Revenues & Volume By Liquid Vinyl Chloride Monomer for the Period 2021- 2031
- Historical Data and Forecast of Philippines Vinyl Chloride Monomer Market Revenues & Volume By Solid Vinyl Chloride Monomer for the Period 2021- 2031
- Historical Data and Forecast of Philippines Vinyl Chloride Monomer Market Revenues & Volume By Application for the Period 2021- 2031
- Historical Data and Forecast of Philippines Vinyl Chloride Monomer Market Revenues & Volume By Industrial for the Period 2021- 2031
- Historical Data and Forecast of Philippines Vinyl Chloride Monomer Market Revenues & Volume By Agricultural for the Period 2021- 2031
- Historical Data and Forecast of Philippines Vinyl Chloride Monomer Market Revenues & Volume By Construction for the Period 2021- 2031
- Historical Data and Forecast of Philippines Vinyl Chloride Monomer Market Revenues & Volume By Automobile for the Period 2021- 2031
- Historical Data and Forecast of Philippines Vinyl Chloride Monomer Market Revenues & Volume By Others for the Period 2021- 2031
- Philippines Vinyl Chloride Monomer Import Export Trade Statistics
- Market Opportunity Assessment By Type
- Market Opportunity Assessment By Application
- Philippines Vinyl Chloride Monomer Top Companies Market Share
- Philippines Vinyl Chloride Monomer Competitive Benchmarking By Technical and Operational Parameters
- Philippines Vinyl Chloride Monomer Company Profiles
- Philippines Vinyl Chloride Monomer Key Strategic Recommendations
Frequently Asked Questions About the Market Study (FAQs):
6Wresearch actively monitors the Philippines Vinyl Chloride Monomer Market and publishes its comprehensive annual report, highlighting emerging trends, growth drivers, revenue analysis, and forecast outlook. Our insights help businesses to make data-backed strategic decisions with ongoing market dynamics. Our analysts track relevent industries related to the Philippines Vinyl Chloride Monomer Market, allowing our clients with actionable intelligence and reliable forecasts tailored to emerging regional needs.
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1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Philippines Vinyl Chloride Monomer Market Overview |
3.1 Philippines Country Macro Economic Indicators |
3.2 Philippines Vinyl Chloride Monomer Market Revenues & Volume, 2021 & 2031F |
3.3 Philippines Vinyl Chloride Monomer Market - Industry Life Cycle |
3.4 Philippines Vinyl Chloride Monomer Market - Porter's Five Forces |
3.5 Philippines Vinyl Chloride Monomer Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Philippines Vinyl Chloride Monomer Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Philippines Vinyl Chloride Monomer Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for PVC products in construction and automotive industries |
4.2.2 Growth in the chemical industry in the Philippines |
4.2.3 Rising investments in infrastructure projects driving the demand for PVC products |
4.3 Market Restraints |
4.3.1 Volatility in raw material prices |
4.3.2 Stringent environmental regulations impacting production costs |
4.3.3 Competition from alternative materials such as polyethylene and polypropylene |
5 Philippines Vinyl Chloride Monomer Market Trends |
6 Philippines Vinyl Chloride Monomer Market, By Types |
6.1 Philippines Vinyl Chloride Monomer Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Philippines Vinyl Chloride Monomer Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 Philippines Vinyl Chloride Monomer Market Revenues & Volume, By Liquid Vinyl Chloride Monomer, 2021- 2031F |
6.1.4 Philippines Vinyl Chloride Monomer Market Revenues & Volume, By Solid Vinyl Chloride Monomer, 2021- 2031F |
6.2 Philippines Vinyl Chloride Monomer Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Philippines Vinyl Chloride Monomer Market Revenues & Volume, By Industrial, 2021- 2031F |
6.2.3 Philippines Vinyl Chloride Monomer Market Revenues & Volume, By Agricultural, 2021- 2031F |
6.2.4 Philippines Vinyl Chloride Monomer Market Revenues & Volume, By Construction, 2021- 2031F |
6.2.5 Philippines Vinyl Chloride Monomer Market Revenues & Volume, By Automobile, 2021- 2031F |
6.2.6 Philippines Vinyl Chloride Monomer Market Revenues & Volume, By Others, 2021- 2031F |
7 Philippines Vinyl Chloride Monomer Market Import-Export Trade Statistics |
7.1 Philippines Vinyl Chloride Monomer Market Export to Major Countries |
7.2 Philippines Vinyl Chloride Monomer Market Imports from Major Countries |
8 Philippines Vinyl Chloride Monomer Market Key Performance Indicators |
8.1 Capacity utilization rate of vinyl chloride monomer plants in the Philippines |
8.2 Average selling price of PVC products in the market |
8.3 Number of new infrastructure projects using PVC products in the country |
8.4 Import/export volumes of vinyl chloride monomer in the Philippines |
8.5 Adoption rate of PVC products in various end-user industries in the country |
9 Philippines Vinyl Chloride Monomer Market - Opportunity Assessment |
9.1 Philippines Vinyl Chloride Monomer Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Philippines Vinyl Chloride Monomer Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Philippines Vinyl Chloride Monomer Market - Competitive Landscape |
10.1 Philippines Vinyl Chloride Monomer Market Revenue Share, By Companies, 2024 |
10.2 Philippines Vinyl Chloride Monomer Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
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