Global Vinyl Acetate Monomer Market to Reach $15.7 Billion by 2031 - 4.5% CAGR Growth | 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.

Vinyl Acetate Monomer Market report, published by DataM Intelligence, provides in-depth insights and analysis on key market trends, growth opportunities, and emerging challenges. Committed to delivering actionable intelligence, DataM Intelligence empowers businesses to make informed decisions and stay ahead of the competition. Through a combination of qualitative and quantitative research methods, it 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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Vinyl Acetate Monomer (VAM) is a key chemical intermediate used in the production of polymers and resins for adhesives, coatings, textiles, and packaging. It is a colorless liquid with a pungent odor and is primarily produced by reacting ethylene with acetic acid and oxygen in the presence of a catalyst. VAM is essential in manufacturing polyvinyl acetate (PVA) and polyvinyl alcohol (PVOH), which are widely used in industrial and consumer applications.

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 completed an ultra-low capital program to repurpose old infrastructure, boosting ethylene vinyl acetate capacity at its Edmonton, Alberta, facility. This expansion strengthens Acetyl Chain's downstream vinyl offerings.

In December 2022, Showa Denko K.K. agreed to license its vinyl acetate monomer (VAM) technology to Asian Paints under a partnership with KBR. Additionally, SDK will supply catalysts for Asian Paints' VAM production.

Growth Forecast 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.

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.

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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

Regional Analysis for Vinyl Acetate Monomer Market:

The regional analysis of the Vinyl Acetate Monomer Market covers key regions including North America, Europe, Asia Pacific Middle East and Africa and South America. The North America with a focus on the U.S., Canada, and Mexico; Europe, highlighting major countries like the U.K., Germany, France, and Italy, along with other nations in the region; Asia-Pacific, covering India, China, Japan, South Korea, and Australia, among others; South America, with emphasis on Colombia, Brazil, and Argentina; and the Middle East & Africa, which includes Saudi Arabia, the U.A.E., South Africa, and other countries. This comprehensive regional breakdown helps identify unique market trends and growth opportunities specific to each area.

⇥ 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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People Also Ask:

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

➠ Who are the leading manufacturers in the global Vinyl Acetate Monomer industry? What is their operational status in terms of capacity, production, sales, pricing, costs, gross margin, and revenue?

➠ What opportunities and challenges do vendors in the global Vinyl Acetate Monomer industry face?

➠ Which applications, end-users, or product types are expected to see growth? What is the market share for each type and application?

➠ What are the key factors and limitations affecting the growth of the Vinyl Acetate Monomer market?

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

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