Vinyl Acetate Monomer (VAM) Market 2024 Top Key Player Analysis – LyondellBasell, Wacker Chemie, KURARAY CO., LTD, Dow Chemical, NINGXIA YINGLITE CHEMICAL, Exxon Mobil

Market Study Report adds 2017-2024 global Vinyl Acetate Monomer (VAM) market report that offers an exhaustive coverage of the industry with brief analysis, data charts, figures, statistics that help take business decisions, company profiles and more.

Vinyl Acetate Monomer market will likely surpass USD 10 billion by 2024; according to a new research report.

Basic raw material required for manufacturing vinyl acetate monomer is acetic acid and ethylene. There are few technologies used for producing VAM such as gas phase which includes a method of reacting acetic acid, ethylene and oxygen in the presence of silica. Apart from this technology, fluidized bed reactor technology invented by John C. Kayser, is used to produce vinyl acetate monomer that claims better catalyst life.

Vinyl acetate is an essential raw material for manufacturing polymers such as polyvinyl alcohol and polyvinyl acetate. Polyvinyl acetate has excellent bonding properties which makes it an ideal application for paper coatings while polyvinyl alcohol high tensile strength, flexibility and resistance to grease, solvents and oil makes it suitable application for photosensitive coatings, textiles, packaging, etc. Growing application of vinyl acetate monomer in consumer and industrial products is increasing the demand in several industrial verticals.

In the Asia Pacific, food, beverage and the dairy industry is witnessing huge growth from the past few years. High growth is due to rapid urbanization, industrialization, and increasing population. Primarily, demand for the packaged food products is predicted to rise, due to the increasing demand for ready to eat products in all the developing economies of the Asia Pacific. Along with packaged food products, beverage industry is also growing owing to high consumption of juice and other energy drinks by growing health conscious urban population in this region. According to the World Bank Data, the urban population in the Asia Pacific region is growing at a high rate. As the consumers are preferring healthier drinks, the demand for beverages as well as dairy products is growing. Further, due to the requirements of safe and nutritious healthy drinks the need for packaging is increasing, which will augment demand for vinyl acetate monomer application over the projected timeframe period.

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Etheyelene vynily acetate have wide range of application in footwear, packaging, pharmaceutical, agriculture and others. It has excellent elasticity and toughness propertise, which finds prime application in hot melt adhesive. Vinyl acetate ethylene is growing moderately in projected timeframe, growing application of (VAE) emulsions in paint and coatings products is positively influencing the market.

Packaging segment is escalating at a remarkable pace in recent years and is predicted to grow during the forecat period. Due to shift in consumer eating habitat favoring packaged food products as well as growing number of working population worldwide is driving the packaging segment. Textile and cosmetics industry verticals have shown tremendous growth in past few years due to its excellent propertise such as stiffness and stabilizer respectively.
Latin America is majorly dominated by Brazil, increasing usage of vinyl acetate in packaging, construction and textile industry is substantially growing the market over anticipated timeframe. North Amrica is driven by construction and textile indsutry, rising investment in construction industry as well as growing fashion trends in U.S is instrumental in influencing the growth of vinyl actate monomer market.

The potential corporations involved in the market are LyondellBasell, Wacker Chemie, KURARAY CO., LTD, Dow Chemical, NINGXIA YINGLITE CHEMICAL, Exxon Mobil, Celanese Corporation, Ineospec Inc, Sinopec Group, Sipchem, among others.

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Table of Content:

Chapter 1. Methodology and Scope
1.1. Methodology
1.1.1. Initial data exploration
1.1.2. Statistical model and forecast
1.1.3. Industry insights and validation
1.1.4. Definitions & forecast parameters
1.2. Data sources
1.2.1. Secondary
1.2.2. Primary
Chapter 2. Executive Summary
2.1. Vinyl acetate monomer market 360 degree 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
Chapter 3. Vinyl Acetate Monomer (VAM) Industry 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

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