Quick Summary:
In an increasingly complex and rapidly evolving global economy, gaining an in-depth understanding of the key market dynamics and industry trends is critical for business success. Armed with this detailed market research report, leaders in the world of industrial and consumer goods manufacturing can better navigate the intricate landscape of the vinyl acetate monomer market.
The consequent growth of the vinyl acetate monomer market is driven by its extensive application in the production of polyvinyl alcohol, utilized extensively across diverse industries including packaging films, coatings, and thickeners. Moreover, the increasing demand for adhesives in a range of industries from construction to textiles, coupled with the mounting focus on advancing catalyst and process technologies, continue to propel market growth. Substantial potential, therefore, exists for businesses and investors who are seeking to tap into this dynamic and expanding market.
This comprehensive report provides not only an in-depth analysis of global market trends but also insights about market drivers, restraints, opportunities, new product launches, and competitive strategies. Thus, it serves as a valuable tool for informed decision-making regarding future product launches, technology upgrades, market expansion, and marketing tactics.
Market Dynamics
The growing use of vinyl acetate monomer for the production of polyvinyl alcohol which is further used across packaging films, photosensitive coatings, and thickeners is augmenting market growth. Adhesives are widely used across paints and coatings, construction, laminates, paper, and textiles industries for bonding applications due to their excellent adhesion properties to substrates such as ceramics, metals, paper, and wood. Hence, the growing demand for adhesives from various end-use industries is propelling the market growth of the vinyl acetate monomer.Various companies are investing heavily in developing advanced technology for improving catalyst and process technologies. This could bring new prospects to the market in the near future. The goal of developing advanced technology for the production of the vinyl acetate monomer is to reduce the overall cost of the product and enhance the yields at a lower initial cost. Thus growing focus on technological gradations will favor market growth.
Key features of the study:
- This report provides an in-depth analysis of the global vinyl acetate monomer market and provides market size (US$ Billion & Kilo Tons) and compound annual growth rate (CAGR %) for the forecast period (2023-2030), considering 2022 as the base year
- It elucidates potential revenue opportunity across different segments and explains attractive investment proposition matrix for this market
- This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, regional outlook, and competitive strategies adopted by key players
- This study also provides impact analysis of Coronavirus (Covid-19) pandemic on global vinyl acetate monomer
- It profiles key players in the global vinyl acetate monomer market based on the following parameters - company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies, and future plans
- Key companies covered as a part of this study are Celanese Corporation, Dairen Chemical Corporation, Japan VAM & POVAL Co. Ltd., Kuraray Co. Ltd., Lyondell Basell Industries, Ningxia Yinglite Chemical Co., Ltd., China Petroleum & Chemical Corporation (Sinopec Corp.), The Dow Chemical Company, Wacker Chemie AG
- Insights from this report would allow marketers and management authorities of companies to make informed decision regarding future product launches, technology upgradation, market expansion, and marketing tactics
- The global vinyl acetate monomer market report caters to various stakeholders in this industry including investors, suppliers, global vinyl acetate monomer manufacturers, distributors, new entrants, and financial analysts
- Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global vinyl acetate monomer market.
Detailed Segmentation:
Global Vinyl Acetate Monomer Market, By Application:
- Polyvinyl Acetate (PVAc)
- Polyvinyl Alcohol (PVOH or PVA)
- Ethylene-Vinyl Acetate (EVA)
- Ethylene-Vinyl Alcohol (EVOH)
- Others
Global Vinyl Acetate Monomer Market, By Region:
- North America
- U.S.
- Canada
- Europe
- U.K.
- Germany
- France
- Italy
- Spain
- Russia
- Rest of Europe
- Asia Pacific
- China
- India
- Japan
- ASEAN
- Australia
- South Korea
- Rest of Asia Pacific
- Latin America
- Brazil
- Mexico
- Rest of Latin America
- Middle East & Africa
- Middle East
- Africa
Company Profiles
- Celanese Corporation
- Dairen Chemical Corporation
- Japan VAM & POVAL Co. Ltd.
- Kuraray Co. Ltd.
- LyondellBasell Industries
- Ningxia Yinglite Chemical Co., Ltd.
- China Petroleum & Chemical Corporation (Sinopec Corp.)
- The Dow Chemical Company
- Wacker Chemie AG
What is the estimated value of the Global Vinyl Acetate Monomer Market?
What is the growth rate of the Global Vinyl Acetate Monomer Market?
What is the forecasted size of the Global Vinyl Acetate Monomer Market?
Who are the key companies in the Global Vinyl Acetate Monomer Market?
| Report Attribute | Details |
|---|---|
| No. of Pages | 120 |
| Published | July 2023 |
| Forecast Period | 2023 - 2030 |
| Estimated Market Value ( USD | $ 9.35 Billion |
| Forecasted Market Value ( USD | $ 15.01 Billion |
| Compound Annual Growth Rate | 7.0% |
| Regions Covered | Global |
Table of Contents
Companies Mentioned
A selection of companies mentioned in this report includes:
- Celanese Corporation
- Dairen Chemical Corporation
- Japan VAM & POVAL Co. Ltd.
- Kuraray Co. Ltd.
- LyondellBasell Industries
- Ningxia Yinglite Chemical Co., Ltd.
- China Petroleum & Chemical Corporation (Sinopec Corp.)
- The Dow Chemical Company
- Wacker Chemie AG
