The global demand for Vinyl Acetate Monomer Market is presumed to reach the market size of nearly USD XX MN by 2027 from USD XX MN in 2020 with a CAGR of XX% under the study period of 2021 - 2027. Regarding volume, the market was calculated XX KiloTon in 2020 and forecast to touch XX KiloTon by 2027 with a CAGR of XX% during 2021-2027.
Vinyl Acetate Monomer (VAM) is a flammable, colorless mobile liquid with a sweet ethereal odor and volatile. When subjected to heat, it is a toxic solution. Acetic acid ethenyl ester, acetic acid ethylene ether, acetoxyethene, ethenyl ethanoate, ethenyl acetate, 1-acetoxyethylene, and acetic acid vinyl ester are some other names for vinyl acetic monomers. The liquid is prepared by the reaction of ethylene and acetic acid with oxygen in the presence of a palladium catalyst. It is commonly used in producing chemicals such as polyvinyl alcohol, polyvinyl acetate, ethylene vinyl acetate, vinyl acetate-ethylene, ethylene vinyl alcohol, vinyl chloride-vinyl acetate copolymers, and others. Polyvinyl acetate (PVA) is the most common derivative, primarily used in adhesives due to its good adhesion properties to various substrates such as paper, wood, plastic films, and metals. Paints and coatings, adhesives, laminated automotive and commercial building glass, packaging, textiles, films, and other end products all use VAM.
The expansion of the packaging industries worldwide fuels the growth of the global vinyl acetate monomer market. Demand for packaged beverages and food products are increasing due to convenience and improved shelf life, which is expected to drive market growth. The introduction of the most recent multiple-layer barrier packaging technology into the packaging industry increases demand for the VAM market. The consumption of vinyl acetate monomer in the construction industry is growing as residential and commercial infrastructure activities increase in both developed and developing regions. Further, acceleration in demand for adhesives, paints, and coatings from significant industries such as construction, automotive, and packaging contributes to the market's growth. VAM production is regulated due to its carcinogenicity and flammability. The volatile crude price directly impacts the VAM market price, thus negatively affecting the market development.
The report covers Porter’s Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry’s structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of vinyl acetate monomer. The growth and trends of Vinyl Acetate Monomer Industry provide a holistic approach to this study.
This section of the vinyl acetate monomer market report provides detailed data on the segments by analyzing them at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
- Polyvinyl Alcohol (PVOH)
- Polyvinyl Acetate (PVA)
- Ethylene-Vinyl Acetate (EVA)
- Vinyl Acetate Ethylene (VAE)
- Ethylene-Vinyl Alcohol (EVOH)
This section covers the regional outlook, which accentuates current and future demand for the Vinyl Acetate Monomer market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
Global Vinyl Acetate Monomer Market Share by Region (Representative Graph)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the vinyl acetate monomer market include Dow Chemical Company, Celanese Corporation (Hoechst Celanese), China Petrochemical Corporation, Chang Chun Group, LyondellBasell. This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
This market research report has been produced by gathering information based on primary and secondary research. Secondary research has been done using various sources, including (but not limited to) Company Websites, Paid Data Sources, Technical Journals, Financial Reports, SEC Filings, and other different industry publications. Additionally, our team conducts extensive primary research with key industry participants to gather first-hand data. The data is then analyzed and validated by industry experts.
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