Vinyl Acetate Monomer Market Surges With Construction Industry Growth: Core Growth Enabler in the Vinyl Acetate Monomer Market, 2025

Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.

What Will the Vinyl Acetate Monomer Industry Market Size Be by 2025?
The market size of vinyl acetate monomer has been demonstrating consistent growth over recent years. It is projected to expand from a current size of $9.6 billion in 2024 to $10.05 billion in 2025, indicating a compound annual growth rate (CAGR) of 4.7%. Factors contributing to this increase during the historic period include growth in the construction industry, expansion of the packaging sector, a surge in textile and nonwoven applications, a rise in consumer goods manufacturing, and an enhanced demand for paints and coatings.

What's the Long-Term Growth Forecast for the Vinyl Acetate Monomer Market Size Through 2029?
The market for vinyl acetate monomer is predicted to significantly expand in the coming years, reaching a market value of "$12.79 billion by 2029, representing a compound annual growth rate (CAGR) of 6.2%. Reasons for this projected growth during the forecast period include increased urbanization and infrastructure improvements, advancements in packing materials, a push for sustainable and environmentally friendly products, automotive industry growth, and technological developments in the textile industry. Notable trends for the forecast period include improvements in food packaging formulations, focus on extending the Asia-pacific market, the use of photovoltaic encapsulation, a move towards water-based adhesives, and innovation in packaging solutions.

View the full report here:
https://www.thebusinessresearchcompany.com/report/vinyl-acetate-monomer-global-market-report

What Are the Key Growth Drivers Fueling the Vinyl Acetate Monomer Market Expansion?
The vinyl acetate monomer market is set to expand, driven by the burgeoning construction industry. The term "construction industry" signifies the economic sector engrossed in organizing, designing, constructing, and preserving physical infrastructures and structures. It encapsulates a broad spectrum of tasks and fields associated with erecting buildings, roads, bridges, dams, utilities, and orchestrating different construction projects. The construction sector chiefly utilizes Vinyl acetate monomer (VAM) in the production of adhesives and coatings. VAM serves as a multifaceted element in the construction industry, aiding in the creation of robust, long-lasting, and high-efficiency adhesives, coatings, and sealants for diverse construction applications. This propels growth within the vinyl acetate monomer market. For example, in May 2023, a report published by the United States Census Bureau, a government agency in the US, stated that expenditure on construction rose from $1,768.2 billion in March 2022 to $1,834.7 billion in March 2023, marking a 3.8 percent increase. Hence, the expansion of the construction industry is the driving force behind the escalating vinyl acetate monomer market.

Get your free sample here:
https://www.thebusinessresearchcompany.com/sample.aspx?id=10754&type=smp

What Are the Key Trends Driving Vinyl Acetate Monomer Market Growth?
The rising trend of new plant set-ups is gaining traction in the vinyl acetate monomer market. Firms heavily invested in this market are introducing advanced vinyl acetate monomer products and substances to maintain their market stance. Specifically, in October 2022, Asian Paints Ltd., a company based in India, allocated $32.1 million for the establishment of a manufacturing plant specifically for vinyl acetate ethylene emulsion and vinyl acetate monomer. The plant's projected output is 100,000 tons of vinyl acetate monomer (VAM) and 150,000 tons of vinyl acetate ethylene emulsion (VAE) per year. Furthermore, the company is entering a partnership in Fujairah, UAE, with Riddhi Siddhi Crusher & Land Transport, Fujair, UAE, and Associated Soap Stone Distributing, among other companies, committing an investment of more than $6.7 million over the coming two years.

How Is the Vinyl Acetate Monomer Market Segmented?
The vinyl acetate monomer market covered in this report is segmented -

1) By Application: Polyvinyl Alcohol (PVOH), Polyvinyl Acetate (PVA), Ethylene-Vinyl Acetate (EVA), Vinyl Acetate Ethylene (VAE), Ethylene-Vinyl Alcohol (EVOH), Other Applications
2) By End-User: Packaging, Construction, Textile, Cosmetics, Other End-User Industries
3) By Sales Channel: Direct Sale, Indirect Sale

Subsegments:
1) By Polyvinyl Alcohol (PVOH): Industrial Adhesives, Paper Coatings, Textiles
2) By Polyvinyl Acetate (PVA): Wood Adhesives, Paints And Coatings, Films
3) By Ethylene-Vinyl Acetate (EVA): Packaging Materials, Automotive Applications, Footwear
4) By Vinyl Acetate Ethylene (VAE): Paints And Coatings, Adhesives, Construction Materials
5) By Ethylene-Vinyl Alcohol (EVOH): Food Packaging, Barrier Films, Bottles
6) By Other Applications: Sealants, Inks, Pharmaceuticals

Tailor your insights and customize the full report here:
https://www.thebusinessresearchcompany.com/customise?id=10754&type=smp

Which Companies Are Leading the Charge in Vinyl Acetate Monomer Market Innovation?
Major companies operating in the vinyl acetate monomer market include The Dow Chemical Company, Wacker Chemie AG, Kuraray Co. Ltd., Sinopec Corp., LyondellBasell Industries N.V., Japan Vam And Poval Co. Ltd., Saudi International Petrochemical Company, Dairen Chemical Corporation, Solventis Ltd., DuPont de Nemours Inc., Chang Chun Group, Innospec Inc., Exxon Mobil Corporation, Arkema S.A., Lotte BP Chemical Co. Ltd., LANXESS AG, Celanese Corporation, China Petrochemical Corporation, Braskem SA, Borealis AG, Mitsui Chemicals Inc., Sumitomo Chemical Co. Ltd., Hanwha Chemical Corp., Versalis S.p.A., LG Chem Ltd., Formosa Plastics Corporation, BASF SE, Tosoh Corporation, UBE Industries Ltd., Reliance Industries Limited

Which Regions Are Leading the Global Vinyl Acetate Monomer Market in Revenue?
Asia-Pacific was the largest region in the vinyl acetate monomer market in 2024. The regions covered in the vinyl acetate monomer market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

Purchase the full report today:
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=10754

This Report Supports:
1. Business Leaders & Investors - To identify growth opportunities, assess risks, and guide strategic decisions.
2. Manufacturers & Suppliers - To understand market trends, customer demand, and competitive positioning.
3. Policy Makers & Regulators - To track industry developments and align regulatory frameworks.
4. Consultants & Analysts - To support market entry, expansion strategies, and client advisory work.

Connect with us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company,
Twitter: https://twitter.com/tbrc_info,
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ.

Contact Us
Europe: +44 7882 955267,
Asia: +91 88972 63534,
Americas: +1 310-496-7795 or
Email: mailto:info@tbrc.info

Learn More About The Business Research Company
With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Our flagship product, the Global Market Model delivers comprehensive and updated forecasts to support informed decision-making.

This release was published on openPR.