Vinyl Acetate Market 2021 Status and Business Outlook - Celanese Corporation, China Petrochemical Corporation (Sinopec), Exxon Mobil Corporation

The Vinyl Acetate Market report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.

The market for vinyl acetate is anticipated to register a CAGR of more than 4% during the forecast period.

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Top Leading Companies of Vinyl Acetate Market are Celanese Corporation, China Petrochemical Corporation (Sinopec), Exxon Mobil Corporation, Kuraray Co. Ltd, LyondellBasell Industries Holdings BV and others.

Key Market Trends

Asia-Pacific to Dominate the Market

- Asia-Pacific region to witness the robust growth in the vinyl acetate market, owing to the increasing expenditure on construction and automotive industry in countries like China.

- China stands as the largest producer in the automotive and paints & coatings industry. Additionally, it is the largest consumer and producer of adhesives and sealants worldwide.

- As vinyl acetate is widely used in the production of paints and coatings, adhesives, and packaging materials. With China being a major player in these markets, the demand for vinyl acetate is expected to grow during the forecast period.

- The Chinese government has increased public spending on transportation infrastructure. China's transport ministry and National Development and Reform Commission (NDRC) planned to invest USD 724 billion, for constructing 303 key transportation projects, which include railways, highways, waterways, airports, and urban rail. Such investments are expected to increase construction activities in the country, further creating demand for vinyl acetate-based products.

- Moreover, automotive production in China is also expected to increase during the forecast period, due to increasing demand for SUV's, lightweight and fuel-efficient vehicles, and popularity of electric vehicles.

Regional Outlook of Vinyl Acetate Market report includes the following geographic areas such as: North America, Europe, China, Japan, Southeast Asia, India and ROW.

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What Are The Market Factors That Are Explained In The Report?

Key Strategic Developments: The study also includes the key strategic developments of the market, comprising R&D, new product launch, M&A, agreements, collaborations, partnerships, joint ventures, and regional growth of the leading competitors operating in the market on a global and regional scale.

Analytical Tools: The Vinyl Acetate Market Report includes the accurately studied and assessed data of the key industry players and their scope in the market by means of a number of analytical tools. The analytical tools such as Porter’s five forces analysis, SWOT analysis, feasibility study, and investment return analysis have been used to analyze the growth of the key players operating in the market.

Key Market Features: The report evaluated key market features, including revenue, price, capacity, capacity utilization rate, gross, production, production rate, consumption, import/export, supply/demand, cost, market share, CAGR, and gross margin. In addition, the study offers a comprehensive study of the key market dynamics and their latest trends, along with pertinent market segments and sub-segments.

Customization of the Report: This report can be customized as per your needs for additional data up to 3 companies or countries or 40 analyst hours.

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