Product Code: RP-ID-10079110 |
Published Date: 21 Oct 2022 |
Region: NA |
Category: Chemicals |
Report ID: 10079110
Market Overview:
Vinyl Acetate Monomer Industry By End User Industry (Construction, Packaging, Textile, Cosmetic), and By Application (Ethylene-Vinyl Acetate, Polyvinyl Acetate, Vinyl Acetate Ethylene, Ethylene-Vinyl Alcohol, Polyvinyl Alcohol) – Global Market Opportunity and Current Growth Analysis 2019-2025
Global Vinyl Acetate Monomer Industry was valued at USD 8.44 Billion in the year 2018. Global Vinyl Acetate Monomer Industry is further estimated to grow at a CAGR of 4.5% from 2019 to reach USD 10.86 Billion by the year 2025. In the Global Vinyl Acetate Monomer Industry, by region Asia Pacific region holds the highest Industry share in 2018 and is also Industry is considered as the fastest growing Industry in the forecasted period owing to their Industry demands. At a country level, China and India in Asia-Pacific are projected to grow strongly in the coming years.
The segmentation is done on the basis of application, end users and by region. On the basis of application, the polyvinyl acetate segment is expected to hold the highest Industry share during the forecast period.
The segmentation is done on the basis of end-user industry, the construction segment is expected to grow at a significant rate during the forecast period. Growing industrialization in the developing countries such as India and China has attributed to the development of the construction sector in the APAC region.
Major market players in Vinyl Acetate Monomer Industry are Wacker Chemie, KURARAY CO. LTD., The Dow Chemical Company, Sipchem, Ineospec Inc., Sinopec Group, LyondellBasell, Exxon Mobil Corporation, Arkema, NINGXIA YINGLITE CHEMICAL CO. LTD, and other 9 more companies information is provided in the report.
SWOT analysis of Vinyl Acetate Monomer Industry
Strength:
Infrastructural developments in developing countries
Increase in the consumption of packaged foods which leads to the demand for vinyl acetate monomer in packaging
Weakness:
Strict government norms and regulations
Opportunities:
Investments in the paint industry in which polyvinyl alcohol is used heavily
Threats:
Health issues due to inhalation of vinyl acetate monomer
Vinyl Acetate Monomer Industry Segmentation:
Vinyl Acetate Monomer Industry Overview, By Application
• Ethylene-Vinyl Acetate
• Polyvinyl Acetate
• Vinyl Acetate-Ethylene
• Ethylene-Vinyl Alcohol
• Polyvinyl Alcohol
• Others
Vinyl Acetate Monomer Industry Overview, By End User Industry
• Construction
• Packaging
• Textile
• Cosmetic
• Others
Vinyl Acetate Monomer Industry Overview, By Region
North America
• USA
• Canada
Europe
• Germany
• U.K.
• France
• Italy
• Rest of Europe
APAC
• China
• India
• Japan
• Rest of Asia-Pacific
RoW
• Latin America
• Middle East & Africa
Related Reports
Proof of Quality & Reliability
