Vinyl Acetate Monomer Market will grow at 4.6%+ CAGR to hit 10bn USD by 2024

“Asia Pacific vinyl acetate monomer market is growing at a CAGR of 5.2% owing to increasing application in several industry verticals.”
The key vinyl acetate monomer (VAM) market players are Exxon Mobil Corporation, Dow Chemical, Ineospec Inc, Celanese Corporation, Sipchem, Wacker Chemie, NINGXIA YINGLITE CHEMICAL, KURARAY CO., LTD., LyondellBasell, Arkema and Sinopec Group among others.

The expansion of the vinyl acetate monomer market will be largely facilitated by the demand of chemicals produced from VAM. In an era where environmental sustainability is being largely adopted, biodegradable plastics have become a major requirement across various industries, especially in food packaging. Polyvinyl alcohol is one such class of plastics that has extremely reliable credentials on the biodegradable front. Its applications are extremely diverse, ranging from films used for adult incontinence and feminine hygiene products to resin solutions used in personal care products, such as lubrication aid in eye drops and contact lens wetting solutions.

Vinyl Acetate Monomer Market size will likely surpass USD 10 billion by 2024. Vinyl acetate is an intermediary used for producing polymers and copolymers which are used in paints, paper coatings, adhesives, etc. It occurs as a clear and colorless liquid. This intermediary composite is majorly used for producing polyvinyl acetate and polyvinyl alcohol. Polyvinyl acetate has improved bonding property which find application in industrial and paper coatings whereas polyvinyl alcohol is significantly used in textiles, photosensitive coatings, packaging, etc.

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Polyvinyl alcohol is synthetic hydrophillic polymer. Its propertise depends on the degree of polymerization such as ratio of two monomers. It has significant application in construction sector as a fiber reinforcement for cement based composite material and aggregate surface pre-treatment agent. The polyvinyl alcohol application demand is growing at a phenomenal pace owing to its application in building and infrastructure industry.

Cosmetic application is growing moderately over the years with growing usage of polyvinyl acetate as binder and stabilizer in eye make-up products like mascara and eyliners. Moreover, application of vinyl acetate monomer market in textile sector is growing remarkably with ongoing fashion trends and consumer inclination toward self-grooming & maintaining practices are instrumental in driving the segments over the estimated timeframe.

Buy this industry insights spread across 300 pages with 372 market data tables & 23 figures & charts from the report, “Vinyl Acetate Monomer Market Size By Application (Polyvinyl Alcohol, Polyvinyl Acetate, Ethylene Vinyl Acetate, Vinyl Acetate Ethylene, Ethylene Vinyl Alcohol), By End User (Packaging, Construction, Textile, Cosmetic), Industry Analysis Report, Regional Outlook (U.S., Canada, Germany, U.K, France, Spain, Italy, China, India, Japan, South Korea, Australia, Brazil, Mexico, Saudi Arabia, South Africa, UAE), Growth Potential, Price Trends, Competitive Market Share & Forecast, 2017 – 2024” in detail along with the table of contents:

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Middle East & Africa is second largest share in vinyl acetate monomer market. High demand for vinyl acetate in building and infrastructure industry is compelling serveral manufacturers to increase their production capacity. For instance, Sipchem had opened new plant in Jubail, Saudi Arabia to produce ethylene vinyl acetate for meeting the demand of suppliers. Ethylene vinyl acetate monomer market have inclusive applications in various end user industries such as textile, construction etc. as it used in manufacturing adhesives, coatings, paints etc.

 

Partial Chapters of the Table of Contents:

Chapter 2. Executive Summary

2.1. Vinyl acetate monomer market 360° synopsis, 2013 – 2024

2.1.1.   Business trends

2.1.2.   Application by end user trends

2.1.3.   End user trends

2.1.4.   Regional trends

 

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Chapter 3. Vinyl Acetate Monomer Market Insights

3.1. Industry segmentation

3.2. Industry size and forecast, 2013 – 2024

3.3. Industry ecosystem analysis

3.3.1.   Raw material analysis

3.3.2.   Profit margin

3.3.3.   Value addition

3.3.4.   Distribution channel analysis

3.3.5.   Vendor matrix

3.3.5.1.    List of key raw material suppliers

3.3.5.2.    List of key manufacturers/suppliers

3.3.5.3.    List of key/potential customers

3.4. Raw material trends

3.5. Innovation & sustainability

3.5.1.   Patent dashboard

3.5.2.   Manufacturing process

3.5.3.   Future trends

3.6. Industry impact forces

3.6.1.   Growth drivers

3.6.1.1.    Global drivers

3.6.1.1.1.       Rising global demand for paints & coatings in construction industry

3.6.1.2.    Regional drivers

3.6.1.2.1.       Increasing investment in infrastructure and building activities

3.6.1.2.2.       Growing demand for packaging application

3.6.2.   Industry pitfalls & challenges

3.6.2.1.    Unstable raw material prices

3.6.2.2.    Stringent environment regulation

3.7. Regulatory landscape

3.7.1.   U.S.

3.7.2.   Europe

3.7.3.   China

3.8. Growth potential analysis

3.9. Regional price trends

3.9.1.   Cost structure analysis

3.9.1.1.    R&D cost

3.9.1.2.    Manufacturing & equipment cost

3.9.1.3.    Raw material cost

3.9.1.4.    Distribution cost

3.9.1.5.    Operating cost

3.9.1.6.    Miscellaneous cost

3.9.2.  Price by application, USD/Kilo, 2013 – 2024

3.9.3.   Price by end user, USD/Kilo, 2013 – 2024

3.10.    Competitive landscape

3.10.1. Company market share, 2016

3.10.1.1.    Global

3.10.1.2.    Regional

3.10.2. Key stakeholders

3.10.3. Strategy dashboard

3.11.    Porter’s analysis

3.11.1. Supplier power

3.11.2. Buyer power

3.11.3. Threat of new entrants

3.11.4. Threat of substitutes

3.11.5. Industry rivalry

3.12.    PESTEL analysis

 

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