Global Market Insights, Inc. has recently added a new report on Vinyl Acetate Monomer Market which provides a succinct analysis of the market size, revenue forecast, and the regional landscape of vinyl acetate monomer industry.
—
Vinyl Acetate Monomer Market from Packaging segment is escalating at a remarkable pace in recent years and is predicted to grow during the forecat period. Due to shift in consumer eating habitat favoring packaged food products as well as growing number of working population worldwide is driving the packaging segment. Textile and cosmetics industry verticals have shown tremendous growth in past few years due to its excellent propertise such as stiffness and stabilizer respectively.
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 Amrica is driven by construction and textile indsutry, rising investment in construction industry as well as growing fashion trends in U.S is instrumental in influencing the growth of vinyl actate monomer market.
Request for a sample copy of this report @ https://www.gminsights.com/request-sample/detail/2474
Global Growth drivers are
1. Rising global demand for paints & coatings in construction industry
Regional Growth drivers are
1. Increasing investment in infrastructure and building activities
2. Growing demand for packaging application
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.
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. Growing application of vinyl acetate monomer in consumer and industrial products is increasing the demand in several industrial verticals.
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. Along with packaged food products, beverage industry is also growing owing to high consumption of juice and other energy drinks by growing health conscious urban population in this region.
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.
Browse key industry insights spread across 300 pages with 372 market data tables & 23 figures & charts from the report, “Vinyl Acetate Monomer (VAM) Market Size By Application (Polyvinyl Alcohol, Polyvinyl Acetate, Ethylene Vinyl Acetate, Vinyl Acetate Ethylene, Ethylene Vinyl Alcohol), By End User (Packaging, Construction, Textile, Cosmetic), Industry Analysis Report, Regional Outlook (U.S., Canada, Germany, U.K, France, Spain, Italy, China, India, Japan, South Korea, Australia, Brazil, Mexico, Saudi Arabia, South Africa, UAE), Growth Potential, Price Trends, Competitive Market Share & Forecast, 2017 – 2024” in detail along with the table of contents:
https://www.gminsights.com/industry-analysis/vinyl-acetate-monomer-vam-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.
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.
Etheyelene vynily 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.
The potential corporations involved in the Vinyl Acetate Monomer Market are LyondellBasell, Wacker Chemie, KURARAY CO., LTD, Dow Chemical, NINGXIA YINGLITE CHEMICAL, Exxon Mobil, Celanese Corporation, Ineospec Inc, Sinopec Group, Sipchem, among others.
Make an inquiry for purchasing this report @ https://www.gminsights.com/inquiry-before-buying/2474
Partial Chapter of the Table of Content
Chapter 5. Vinyl Acetate Monomer (VAM) Market, By End User
5.1. Global vinyl acetate monomer market share by end user, 2016 & 2024
5.2. Packaging
5.2.1. Market estimates and forecast, 2013 – 2024
5.2.2. Market estimates and forecast, by region, 2013 – 2024
5.3. Construction
5.3.1. Market estimates and forecast, 2013 – 2024
5.3.2. Market estimates and forecast, by region, 2013 – 2024
5.4. Textile
5.4.1. Market estimates and forecast, 2013 – 2024
5.4.2. Market estimates and forecast, by region, 2013 – 2024
5.5. Cosmetic
5.5.1. Market estimates and forecast, 2013 – 2024
5.5.2. Market estimates and forecast, by region, 2013 – 2024
5.6. Others
5.6.1. Market estimates and forecast, 2013 – 2024
5.6.2. Market estimates and forecast, by region, 2013 – 2024
Browse Related News:
1. Polyphenylsulfone Market Statistics, 2019-2025
https://www.gminsights.com/industry-analysis/polyphenylsulfone-market
About Global Market Insights
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.
Contact Info:
Name: Arun Hegde
Email: Send Email
Organization: global market insights
Website: https://www.gminsights.com/industry-analysis/vinyl-acetate-monomer-vam-market
Source: MarketersMedia
Release ID: 88901487
