|06-18-2018 04:04 PM CET - Advertising, Media Consulting, Marketing Research||
Vinyl Acetate Emulsions Market: Increasing Demand by Industrial Vertical with Top Key Players like Asian Paints Ltd, Trinseo S.A., Cytec Solvay Group, Kaykay Cyano Chemicals Private Limited and Global Forecast to 2025
Press release from: Data Bridge Market Research
Global Vinyl Acetate Emulsions Market is fragmented with the presence of a large number of players across different regions. These major players have adopted various organic as well as inorganic growth strategies such as mergers & acquisitions, new product launches, expansions, agreements, joint ventures, partnerships, and others to strengthen their position in this market.
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Global Vinyl Acetate Emulsions Market accounted for USD 10.15 billion in 2017 and is projected to grow at a CAGR of 3.1% during the forecast period of 2018 to 2025. The upcoming market report contains data for historic years 2016, the base year of calculation is 2017 and the forecast period is 2018 to 2025.
Major Market Drivers:
• Huge economic growth in Asia-Pacific region
• Significant growth in solar power sector
• Increasing demand in packaging sector
Market Segmentation: Global Vinyl Acetate Emulsions Market
The vinyl acetate emulsions market is segmented on the Basis Of Type into:-
• Commonality VAE Emulsion and
• Waterproofness VAE Emulsion.
The vinyl acetate emulsions market is segmented on the Basis Of Application into:-
• Paints & Coatings,
• Paper and others.
On the basis of Geography, the vinyl acetate emulsions market report covers data points for 28 countries across multiple geographies such as
• North America,
• South America,
• Asia-Pacific and
• Middle East & Africa.
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Major Market Competitors: Global Vinyl Acetate Emulsions Market
Some of the major players in vinyl acetate emulsions market
• The Dow Chemical Company,
• Celanese Corporation,
• DIC Corporation,
• Wacker Chemie AG,
• BASF SE,
• Omnova Solution,
• STI Polymer,
• Asahi Kasei,
• Clariant International Limited,
• Momentive Performance Materials Holdings LLC,
• AKZO Nobel,
• Asian Paints Ltd,
• Trinseo S.A.,
• Cytec Solvay Group,
• Kaykay Cyano Chemicals Private Limited,
• ALLIANCE GLOBAL,
• Reliable Corporation,
• Pexi Chem Private Limited,
• Alpha Chemika,
• Benson Polymers Limited,
• Kompass international,
• The Lubrizol Corporation,
• Henkel AG,
• Abnilshimi co,
• Melton Adhesives,
• Nissin Chemical co. Ltd and many more.
Vinyl acetate ethylene (VAE) emulsions are based on the copolymerization of vinyl acetate and ethylene, in which the vinyl acetate content can range between 60% and 95%, and the ethylene content ranges between 5% and 40% of the total formulation. There is a growing demand for vinyl acetate emulsions in paints & coatings, adhesives, textile, construction and paper industry, which is expected to be one of the major drivers of the market over the next seven years. According to American Coating Association, U.S. exported USD 2.3 billion in paint and coatings products in 2014, the highest level in a decade. Furthermore, the third largest export market for U.S. paint and coatings products was China at $90 million in 2014 and Japan and U. K. rounded out the top five leading export markets for U.S. paint and coatings products in 2014, at $41 million and $39 million, respectively. This entire factor sates that the market of paints and coating around the globe is growing and will drive the market for vinyl acetate ethylene.
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