Worldwide Vinyl Acetate Monomer Industry to 2030 - Featuring Celanese, Sinopec and LyondellBasell Industries Among Others - ResearchAndMarkets.com
Worldwide Vinyl Acetate Monomer Industry to 2030 - Featuring Celanese, Sinopec and LyondellBasell Industries Among Others - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--The "Global Vinyl Acetate Monomer Market Analysis: Plant Capacity, Production, Operating Efficiency, Technology, Demand & Supply, End-User Industries, Distribution Channel, Regional Demand, 2015-2030" report has been added to ResearchAndMarkets.com's offering.
The global vinyl acetate monomer demand stood at 5.2 Million Tonnes in 2020 and is forecast to reach 9.097 Million Tonnes by 2030, growing at a healthy CAGR of 5.75% until 2030.
Vinyl acetate monomer is a colorless organic monomer. It is produced by acetylation 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 polyvinyl acetate segment holds the highest share of global demand for vinyl acetate monomer. Vinyl acetate monomer has several properties like adhesion, optical clarity, fiber forming, etc.
Due to these properties, it has several end-use industries including packaging, construction, textile, and cosmetics. Increasing demand for packaging and construction along with the rise in the demand of other end-use industries such as textile and cosmetics is projected to drive the demand for vinyl acetate monomer during the forecast period. Moreover, the increasing need for adhesive from the construction industry is also a factor propelling the demand for vinyl acetate monomer.
In 2020, the spread of COVID-19 in major global economies caused nationwide lockdowns which had an impact on a number of industries. Construction and packaging were among the most affected industries during the pandemic. This had an impact on the demand for vinyl acetate monomer for the first half of 2020. The demand for vinyl acetate monomer fell during the coronavirus pandemic.
Region-wise, Asia-pacific region holds the major share of global demand for vinyl acetate monomer due to the increasing demand for construction and packaging. Moreover, increasing population and per capita income in emerging economies like India and China coupled with the growing number of industries using vinyl acetate monomer is another factor influencing demand growth in the Asia Pacific region.
Major players for vinyl acetate monomer globally include Celanese, Sinopec, Dairen Chemical Corporation, LyondellBasell Industries, Wacker Chemie AG, Sipchem, Innospec, Exxon Mobil Corporation, Arkema.
Objective of the Study:
- To assess the demand-supply scenario of vinyl acetate monomer which covers production, demand and supply of vinyl acetate monomer market globally.
- To analyse and forecast the market size of vinyl acetate monomer .
- To classify and forecast global vinyl acetate monomer market based on technology, end-use and regional distribution.
- To identify drivers and challenges for global vinyl acetate monomer market.
- To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in global vinyl acetate monomer market.
- To identify and analyse the profile of leading players involved in the manufacturing of vinyl acetate monomer.
Key Topics Covered:
1. Global Vinyl acetate monomer Market Outlook, 2015-2030
1.1. Capacity, By Volume
1.1.1. By Company
1.2. Production, By Volume
1.2.1. By Company
1.3. Operating Efficiency
1.3.1. By Company
2. Global Vinyl acetate monomer Demand Outlook, 2015-2030, By Volume
2.1. By Application
2.2. By End Use
2.3. By Region
2.4. By Company
3. North America Vinyl acetate monomer Market Outlook, 2015-2030
4. North America Vinyl acetate monomer Demand Outlook, 2015-2030, By Volume
5. Asia Pacific Vinyl acetate monomer Market Outlook, 2015-2030
6. Asia Pacific Vinyl acetate monomer Demand Outlook, 2015-2030, By Volume
7. Europe Vinyl acetate monomer Market Outlook, 2015-2030
8. Europe Vinyl acetate monomer Demand Outlook, 2015-2030, By Volume
9. MEA Vinyl acetate monomer Market Outlook, 2015-2030
10. MEA Vinyl acetate monomer Demand Outlook, 2015-2030, By Volume
11. South America Vinyl acetate monomer Market Outlook, 2015-2030
12. South America Vinyl acetate monomer Demand Outlook, 2015-2030, By Volume
13. By Region
13. News and Deals
For more information about this report visit https://www.researchandmarkets.com/r/z2svnx
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