Title: Vinyl Acetate Monomer Market Update, Analysis, Forecast, 2019 – 2024
1 Vinyl Acetate Monomer Market Growth Outlook with
Industry Review and Forecast 2019-2024
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2Global Market Scenario of Vinyl Acetate Monomer
Market
- Global vinyl acetate monomer Market report
focuses on the major drivers and restraints for
the global key players. It also provides analysis
of the market share, segmentation, revenue
forecasts and geographic regions of the market.
In the Asia Pacific, food, beverage and the dairy
industry is witnessing huge growth from the past
few years. High growth is due to rapid
urbanization, industrialization, and increasing
population. Primarily, demand for the packaged
food products is predicted to rise, due to the
increasing demand for ready to eat products in
all the developing economies of the Asia Pacific. - According to the World Bank Data, the urban
population in the Asia Pacific region is growing
at a high rate. As the consumers are preferring
healthier drinks, the demand for beverages as
well as dairy products is growing. Further, due
to the requirements of safe and nutritious
healthy drinks the need for packaging is
increasing, which will augment demand for vinyl
acetate monomer application over the projected
timeframe period. - Vinyl acetate is an essential raw material for
manufacturing polymers such as polyvinyl alcohol
and polyvinyl acetate. Polyvinyl acetate has
excellent bonding properties which makes it an
ideal application for paper coatings while
polyvinyl alcohol high tensile strength,
flexibility and resistance to grease, solvents
and oil makes it suitable application for
photosensitive coatings, textiles, packaging,
etc.
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3Continue-
- Basic raw material required for manufacturing
vinyl acetate monomer is acetic acid and
ethylene. There are few technologies used for
producing VAM such as gas phase which includes a
method of reacting acetic acid, ethylene and
oxygen in the presence of silica. Apart from this
technology, fluidized bed reactor technology
invented by John C. Kayser, is used to produce
vinyl acetate monomer that claims better catalyst
life. - Environmental regulation such as EPA may
challenge market growth due to harmful health
hazards of vinyl acetate monomer. Exposure of VAM
can cause irritation to respiratory tract, skin
and eyes, hence use of protective equipment while
practicing with VAM is made mandatory by several
government bodies like OSHA, NIOSH, etc. - Etheylene vynile acetate have wide range of
application in footwear, packaging,
pharmaceutical, agriculture and others. It has
excellent elasticity and toughness propertise,
which finds prime application in hot melt
adhesive. Vinyl acetate ethylene is growing
moderately in projected timeframe, growing
application of (VAE) emulsions in paint and
coatings products is positively influencing the
market
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5360 Industry Analysis
- Latin America is majorly dominated by Brazil,
increasing usage of vinyl acetate in packaging,
construction and textile industry is
substantially growing the market over anticipated
timeframe. North America is driven by
construction and textile industry, rising
investment in construction industry as well as
growing fashion trends in U.S is instrumental in
influencing the growth of vinyl acetate monomer
market. - Textile industry is witnessing exponential growth
in forecast timeframe owing to rising trend of
fashion and clothing's in Mexico, China, U.S. and
India. Shift in consumer grooming habitat is
favoring the fashionable apparels industry which
will positively influence the vinyl acetate
monomer application in textile industry. VAM is
used as stiffening agent in textile industry,
growing usage of textile material as raw material
for manufacturing footwear, flame resistant
fabric, handbag and accessories will
substantially augment the demand for VAM. -
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6- Competitive Analysis
- Key players in the vinyl acetate monomer Market
include LyondellBasell, Wacker Chemie, KURARAY
CO., LTD, Dow Chemical, NINGXIA YINGLITE
CHEMICAL, Exxon Mobil, Celanese Corporation,
Ineospec Inc, Sinopec Group and Sipchem.
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7Latest Research Report On vinyl acetate monomer
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