The Global Ethylene Vinyl Acetate Resins Market size is expected to reach $10.9 billion by 2025, rising at a market growth of 6.4% CAGR during the forecast period. Ethylene-vinyl acetate (EVA) is the copolymer of ethylene and vinyl acetate, also known as poly (ethylene-vinyl acetate) (PEVA). The weight percentage of vinyl acetate usually varies between 10 and 40 percent, with the rest being ethylene vinyl acetate that is a colorless, flammable, volatile liquid with a boiling point of 72-73℃. Practically, the use of EVA is as a vinyl monomer to generate homopolymers and copolymers of polyvinyl acetate. To generate derivatives such as polyvinyl alcohol and ethylene-vinyl alcohol (EVOH), homo-and copolymers are sometimes reacted further. Vinyl acetate is the biggest end-use of acetate acid and accounted for a major global supply for acetate acid. Full Report: https://www.kbvresearch.com/ethylene-vinyl-acetate-resins-market/
Market fundamentals of Vinyl Acetate Monomer (VAM) in North America remained weighed up buoyed by strong values of feedstock acetic acid and series of plant outages in the Gulf coast region due to a wave of seasonal hurricanes. Since much of the US VAM is used for catering the global demand, abrupt outages and logistic concerns restricted the trading activities, thereby confining the export revenue of the region. As per Celanese Corporation, 10% quarterly increment in demand from its major importer China was registered but the gains were overshadowed by the consistent availability of material due to high production rates in the native country.
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Global Vinyl Acetate Monomer Market: Information by Application (Polyvinyl Alcohol, Polyvinyl Acetate, Ethylene Vinyl Acetate, and Others), End-Use Industry (Packaging, Construction, Textile, Adhesives, and Others), and Region—Forecast till 2023
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Acetic anhydride is obtained through the carbonylation of acetate. Acetic anhydride is a colorless solution which has a pungent odor. Acetic anhydride is majorly consumed in cellulose acetates. Cellulose acetate flakes are used in producing cigarette filters, plastics and filament yarns. The market for acetic anhydride is mainly driven by huge demand from cigarette tow market. Cellulose acetate is a key component in cigarettes.
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Global vinyl acetate monomer demand is projected to grow at a healthy CAGR of 5.75%. Vinyl acetate monomer is a colourless organic monomer. It is produced by acetoxylation of ethylene with acetic acid and oxygen. It has application in the manufacturing of several chemicals including polyvinyl alcohol, polyvinyl acetate, ethylene vinyl acetate, ethylene vinyl alcohol. Out of these the poly vinyl acetate segment holds the highest share of global demand for vinyl acetate monomer.
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Acetic Anhydride Market is segmented into five key regions namely North America, Asia Pacific, Europe, Latin America, and the Middle East & Africa. Among these regions, North America is holding a major share of the global market. The region accounts for around 35% share of the market on account of the high production of acetic anhydride in this region. The U.S is the major contributor to this regional market owing to the significant presence of the prominent manufacturers. The use of the product in manufacturing of cigarette filter tows and aspirin, paracetamol like drugs are the factors driving the market. Acetic anhydride is a precursor to heroin production and the U.S implemented regulation on the use of acetic anhydride to reduce the drug availability in November 1989. This may prove to be a hindrance to the market growth in this region. Get Free Sample Request @ https://www.marketresearchfuture.com/sample_request/5674
Get more information @ http://bit.ly/2qQPtN3 Acetic acid acts as an intermediary for formulating coatings, greases, polyester, and sealants that have applications in diversified industries such as electronics, automotive, textiles, and packaging.
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