Friday, 17 October 2014

Global VCM Market 2014-2018

VCM is the basic building block in the production of polyvinyl chloride (PVC), accounting for 96.76 percent of the total VCM demand. VCM is among the top 20 largest petrochemical in the world. VCM is used in other applications such as to manufacture ethylenediamine for the production of resins and the production of chlorinated solvents. VCM is produced by a process called balanced process, where ethylene and chlorine gas act as a feedstock to produce ethylene dichloride (EDC), the basic building block for VCM.

Analysts forecast the Global VCM market to grow at a CAGR of 4.41 percent over the period 2013-2018.

The report recognizes the following companies as the key players in the Global Variable Frequency Drives Market: ABB, Converteam, Rockwell Automation Inc., Schneider Electric Co. and Siemens AG.

Other Prominent Vendors in the market are: American Electric Technologies (Aeti), Amtech Electronics India, Crompton Greaves, Danfoss Vlt Drives, Eaton, Emerson Industrial Automation, Fuji Electric, Hiconics Drive Technology, Hitachi, Honeywell International, Johnson Controls, Kb Electronics, Mitsubishi Electric, Toshiba International, Vacon and Yaskawa Electric.

Increase in demand for end-to-end solutions is one of the key emerging trends in this market. End-users prefer to buy end-to-end solutions from the vendors rather than buying and installing standalone products.


Covered in this Report
The report covers the present scenario and the growth prospects of the Global VCM market for the period 2014-2018. In terms of application, the Global VCM market can be segmented into two: PVC and Others.

Global VCM Market 2014-2018, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the APAC region, Europe, and North America; it also covers the Global VCM market landscape and its growth prospects in the coming years. The report includes a discussion of the key vendors operating in this market.

According to the report, the need for energy efficiency is one of the key factors driving the market. VFDs provide more energy efficiency and increase the overall production efficiency of motors, which helps the operators cut their operational costs.

Further, the report states that market vendors' profit margins have exhibited a continuous decline. The low price strategy of market vendors has led to a decline in profits. Also, the need to reduce harmony waves has assumed an increased importance in the market because these waves affect the devices in several ways; some effects of harmony waves are high energy loss, reduced life of equipment, and high power consumption

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