Global Vinyl Acetate Monomer Market is expected to reach US$ 15.7 billion by 2031 | Celanese Corporation, LyondellBasell Industries, The Dow Chemical Company, DuPont

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.

The Vinyl Acetate Monomer market report provides in-depth insights and analysis on key market trends, growth opportunities, and emerging challenges. With a commitment to delivering actionable intelligence, DataM Intelligence empowers businesses to make informed decisions and stay ahead of the competition. Leveraging a combination of qualitative and quantitative research methods, the company offers comprehensive reports that help clients navigate complex market landscapes, drive strategic growth, and seize new opportunities in an ever-evolving global market.

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The global expansion of the adhesives industry, driven by increasing demand from key end-use sectors, is expected to remain a major factor propelling the growth of the global vinyl acetate monomer market during the forecast period. Packaging, a significant consumer of adhesives and sealants, plays a central role in this growth, with high demand coming from industries such as automotive and construction.

According to CEPI, total paper and board production in EU member countries reached 90,583 kilotons in 2021, marking a 6.1% increase from 85,349 kilotons in 2020. Of this, packaging paper and board represented 53,545 kilotons of the total production. Additionally, the overall consumption of paper and board in CEPI member nations rose by 5.8%, reaching 75,219 kilotons in 2021, up from 71,108 kilotons in 2020.

In 2023, North America is anticipated to be the second-fastest growing region, capturing approximately 25% of the global vinyl acetate monomer market. A strong outlook for the U.S. packaging industry, bolstered by the country's shale gas boom, is expected to continue driving regional market growth.

Forecast Growth Projected:

The Global Vinyl Acetate Monomer Market is anticipated to rise at a considerable rate during the forecast period, between 2024 and 2031. In 2023, the market is growing at a steady rate, and with the rising adoption of strategies by key players, the market is expected to rise over the projected horizon.

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.

Industry Development:

In February 2023, Celanese Corporation declared the completion of an ultra-low capital program to repurpose old manufacturing and infrastructure assets to increase ethylene vinyl acetate capacity at its Edmonton, Alberta, facility. The development will greatly increase Acetyl Chain's downstream vinyl offering.
In December 2022, Showa Denko K.K. has announced that it would license its technology for making vinyl acetate monomer to Asian Paints Limited as part of a formal cooperation agreement between SDK and KBR, a global engineering and technology solutions firm headquartered in U.S. Furthermore, SDK will provide catalysts for Asian Paints' VAM manufacture.
Research Methodology

Our research methodology combines both qualitative and quantitative approaches to provide you with a thorough market analysis. We begin by gathering data from trusted industry reports and databases (secondary research), followed by primary research through surveys and interviews with key experts. We then apply advanced statistical tools to analyze the data, uncover trends, and assess market dynamics. Additionally, we use market segmentation and Porter's Five Forces analysis to evaluate competition. This approach ensures that the insights we provide are reliable, actionable, and tailored to support your decision-making process.

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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)

This Report Covers:

✔ Go-to-market Strategy.

✔ Neutral perspective on the market performance.

✔Development trends, competitive landscape analysis, supply side analysis, demand side analysis, year-on-year growth, competitive benchmarking, vendor identification, Market Access, and other significant analysis, as well as development status.

✔Customized regional/country reports as per request and country level analysis.

✔ Potential & niche segments and regions exhibiting promising growth covered.

✔ Analysis of Market Size (historical and forecast), Total Addressable Market (TAM), Serviceable Available Market (SAM), Serviceable Obtainable Market (SOM), Market Growth, Technological Trends, Market Share, Market Dynamics, Competitive Landscape and Major Players (Innovators, Start-ups, Laggard, and Pioneer).

Regional Analysis for Vinyl Acetate Monomer Market:

⇥ North America (U.S., Canada, Mexico)

⇥ Europe (U.K., Italy, Germany, Russia, France, Spain, The Netherlands and Rest of Europe)

⇥ Asia-Pacific (India, Japan, China, South Korea, Australia, Indonesia Rest of Asia Pacific)

⇥ South America (Colombia, Brazil, Argentina, Rest of South America)

⇥ Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)

Benefits of the Report:

➡ A descriptive analysis of demand-supply gap, market size estimation, SWOT analysis, PESTEL Analysis and forecast in the global market.

➡ Top-down and bottom-up approach for regional analysis

➡ Porter's five forces model gives an in-depth analysis of buyers and suppliers, threats of new entrants & substitutes and competition amongst the key market players.

➡ By understanding the value chain analysis, the stakeholders can get a clear and detailed picture of this Market

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Frequently asked questions:

➠ What is the global sales value, production value, consumption value, import and export of Vinyl Acetate Monomer market?

➠ Who are the global key manufacturers of the Vinyl Acetate Monomer Industry? How is their operating situation (capacity, production, sales, price, cost, gross, and revenue)?

➠ What are the Vinyl Acetate Monomer market opportunities and threats faced by the vendors in the global Vinyl Acetate Monomer Industry?

➠ Which application/end-user or product type may seek incremental growth prospects? What is the market share of each type and application?

➠ What focused approach and constraints are holding the Vinyl Acetate Monomer market?

➠ What are the different sales, marketing, and distribution channels in the global industry?

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