Vinyl Acetate Monomer Market: Company Profiles Segment Size Recent Trends Industry Growth Outlook Forecast Through 2024-2031 | Celanese Corporation, LyondellBasell Industries, The Dow Chemical Company.
DataM Intelligence has released a new research report on the Vinyl Acetate Monomer market. The report provides a detailed analysis of current and emerging trends, offering insights into the market dynamics. It utilizes Porter's Five Forces model to assess key factors such as supplier and customer relationships, risks from various agents, competitive intensity, and opportunities for new entrants. The study also includes research data from various companies, analyzing factors like benefits, gross margins, and strategic decisions in the global market. The report is enriched with tables, charts, and infographics for a clear presentation of the findings.Global Vinyl Acetate Monomer Market reached US$ 10.2 billion in 2023 and is expected to reach US$ 15.7 billion by 2031, growing with a CAGR of 4.5% during the forecast period 2024-2031.
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The Vinyl Acetate Monomer (VAM) market involves the production and application of VAM, a key chemical intermediate used in the manufacture of polymers and resins. It is primarily utilized in the production of polyvinyl acetate (PVAc), which is widely used in adhesives, paints, coatings, and textiles. The market is driven by the increasing demand for adhesives in construction and automotive industries, growth in the paint and coatings sector, and rising applications in packaging materials. Additionally, advancements in production technologies and a growing emphasis on sustainable materials contribute to market growth.
List of the Key Players in the Vinyl Acetate Monomer Market:
Celanese Corporation, LyondellBasell Industries, The Dow Chemical Company, DuPont, Kuraray, Ineos, Chang Chun Group, Dairen Chemical Corp, Sinopec and Wacker Chemie.
Key Developments:
In February 2023, Celanese Corporation announced the completion of an ultra-low capital program aimed at repurposing existing manufacturing and infrastructure assets to enhance its ethylene vinyl acetate (EVA) capacity at the Edmonton, Alberta facility. This development is expected to significantly boost the Acetyl Chain's downstream vinyl offerings.
In December 2022, Showa Denko K.K. revealed a formal cooperation agreement with Asian Paints Limited, under which it will license its technology for producing vinyl acetate monomer (VAM). Additionally, Showa Denko will supply catalysts to support Asian Paints' VAM manufacturing process.
In November 2021, Celanese Corporation entered into a partnership with Mitsubishi Chemical Advanced Materials. This collaboration allows both companies to work together on converting waste streams into commercially viable end-product formulations, thereby providing clients with more sustainable solutions to reduce carbon emissions.
Research Process:
Both primary and secondary data sources have been used in the global Vinyl Acetate Monomer Market research report. During the research process, a wide range of industry-affecting factors are examined, including governmental regulations, market conditions, competitive levels, historical data, market situation, technological advancements, upcoming developments, in related businesses, as well as market volatility, prospects, potential barriers, and challenges.
Segment Covered in the Vinyl Acetate Monomer Market:
By Application: Polyvinyl Acetate (PVA) Production, Ethylene Vinyl Acetate (EVA) Copolymer Production, Vinyl Acetate-Ethylene (VAE) Copolymer Production.
By End-User: Construction, Packaging, Automotive, Textiles, Electronics, Others.
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Regional Analysis:
➣ North America (US, Canada, Mexico)
➣ Europe (Germany, Russia, UK, France, Italy, Spain, Rest of Europe)
➣ Asia-Pacific (China, India, Japan, Australia, Rest of Asia Pacific)
➣ South America (Brazil, Argentina, Rest of South America)
➣ Middle East and Africa
**The full version of the report includes an in-depth analysis of emerging players and startups, which will provide valuable insights into the evolving market landscape and key strategies being adopted**
Chapter Outline:
⏩ Market Overview: It contains five chapters, as well as information about the research scope, major manufacturers covered, market segments, Vinyl Acetate Monomer market segments, study objectives, and years considered.
⏩ Market Landscape: The competition in the Global Vinyl Acetate Monomer Market is evaluated here in terms of value, turnover, revenues, and market share by organization, as well as market rate, competitive landscape, and recent developments, transaction, growth, sale, and market shares of top companies.
⏩ Companies Profiles: The global Vinyl Acetate Monomer market's leading players are studied based on sales, main products, gross profit margin, revenue, price, and growth production.
⏩ Market Outlook by Region: The report goes through gross margin, sales, income, supply, market share, CAGR, and market size by region in this segment. North America, Europe, Asia Pacific, Middle East & Africa, and South America are among the regions and countries studied in depth in this study.
⏩ Market Segments: It contains the deep research study which interprets how different end-user/application/type segments contribute to the Vinyl Acetate Monomer Market.
⏩ Market Forecast: Production Side: In this part of the report, the authors have focused on production and production value forecast, key producers forecast, and production and production value forecast by type.
⏩ Research Findings: This section of the report showcases the findings and analysis of the report.
⏩ Conclusion: This portion of the report is the last section of the report where the conclusion of the research study is provided.
Have any Query? Talk to our Expert @ https://www.datamintelligence.com/enquiry/vinyl-acetate-monomer-market
The Research Report Offers Answers To The Following Questions:
☛ What is the expected growth rate of the global market for the forecast period?
☛ What are the key driving factors that are responsible to shape the fate of the Vinyl Acetate Monomer market during the forecast period?
☛ What will be the overall size of the market during the analysis period?
☛ What are the prominent market trends which influence the development of the Vinyl Acetate Monomer market across various regions?
☛ Who are the key market players and the market strategies that have helped them to secure the leading position in the global market?
☛ What are the challenges and threats that are likely to act as a barrier to the growth of the Vinyl Acetate Monomer market?
☛ What are the major opportunities that the companies can get to attain success in the world?
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Contact Person: Sai Kiran
Email: Sai.k@datamintelligence.com
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About Us -
DataM Intelligence is a Market Research and Consulting firm that provides end-to-end business solutions to organizations from Research to Consulting. We, at DataM Intelligence, leverage our top trademark trends, insights and developments to emancipate swift and astute solutions to clients like you. We encompass a multitude of syndicate reports and customized reports with a robust methodology.
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