Press release
Vinyl Acetate Monomer (VAM) Market Comprehensive Analysis | Key Players - LyondellBasell, Wacker Chemie, KURARAY CO., LTD, Dow Chemical, NINGXIA YINGLITE CHEMICAL, Exxon Mobil, Celanese Corporation, Ineospec Inc
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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.
Textile industry is witnessing exponential growth in forecast timeframe owing to rising trend of fashion and clothing?s in Mexico, China, U.S. and India. Shift in consumer grooming habitat is favoring the fashionable apparels industry which will positively influence the vinyl acetate monomer application in textile industry. VAM is used as stiffening agent in textile industry, growing usage of textile material as raw material for manufacturing footwear, flame resistant fabric, handbag and accessories will substantially augment the demand for VAM.
Environmental regulation such as EPA may challenge market growth due to harmful health hazards of vinyl acetate monomer. Exposure of VAM can cause irritation to respiratory tract, skin and eyes, hence use of protective equipment while practicing with VAM is made mandatory by several government bodies like OSHA, NIOSH, etc.
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.
The vinyl acetate monomer market research report includes in-depth coverage of the industry with estimates & forecast regarding volume in kilo tons & revenue in USD million from 2013 to 2024, for the following segments:
Enquiry about Vinyl Acetate Monomer (VAM) market report before Buying at: https://www.marketstudyreport.com/enquiry-before-buying/980169?utm_source=openpr.com&utm_medium=PC
Vinyl Acetate Monomer Market Application by End user
o Polyvinyl Alcohol
o Packaging
o Construction
o Textile
o Cosmetic
o Others
o Polyvinyl Acetate
o Packaging
o Construction
o Textile
o Cosmetic
o Others
o Ethylene-Vinyl Acetate
o Packaging
o Construction
o Textile
o Cosmetic
o Others
o Vinyl Acetate Ethylene
o Packaging
o Construction
o Textile
o Cosmetic
o Others
o Ethylene-Vinyl Alcohol
o Packaging
o Construction
o Textile
o Cosmetic
o Others
o Others
o Packaging
o Construction
o Textile
o Cosmetic
o Others
Vinyl Acetate Monomer Market by End User
o Packaging
o Construction
o Textile
o Cosmetic
o Others
The above information is provided on a regional and country basis for the following:
North America
U.S.
Europe
U.K.
Asia Pacific
China
Middle East and Africa
Ask for Discount on Vinyl Acetate Monomer (VAM) Market Report at: https://www.marketstudyreport.com/check-for-discount/980169?utm_source=openpr.com&utm_medium=PC
Some of the Major Highlights of TOC coveres:
Chapter 1: Methodology & Scope
Definition and forecast parameters
Methodology and forecast parameters
Data Sources
Chapter 2: Executive Summary
Business trends
Regional trends
Product trends
End-use trends
Chapter 3: Vinyl Acetate Monomer (VAM) Industry Insights
Industry segmentation
Industry landscape
Vendor matrix
Technological and innovation landscape
Chapter 4: Vinyl Acetate Monomer (VAM) Market, By Region
Chapter 5: Company Profile
Business Overview
Financial Data
Product Landscape
Strategic Outlook
SWOT Analysis
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