PUBLISHER: Lucintel | PRODUCT CODE: 1418170
PUBLISHER: Lucintel | PRODUCT CODE: 1418170
Vinyl Acetate Monomer Trends and Forecast
The future of the global vinyl acetate monomer market looks promising with opportunities in the packaging, construction, textile, and adhesives markets. The global vinyl acetate monomer market is expected to reach an estimated $10.5 billion by 2030 with a CAGR of 4.3% from 2024 to 2030. The major drivers for this market are technological progressions in polymerization processes and catalyst development have substantially enhanced VAM production efficiency, rising eco-friendly production processes, as well as, increasing infrastructural investments globally.
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Vinyl Acetate Monomer by Segment
The study includes a forecast for the global vinyl acetate monomer by application, end use, and region.
List of Vinyl Acetate Monomer Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies vinyl acetate monomer companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the vinyl acetate monomer companies profiled in this report include-
Vinyl Acetate Monomer Market Insights
Lucintel forecasts that polyvinyl acetate will remain the largest segment over the forecast period due to expanding need for PVA emulsions and adhesives in the woodworking, packaging, and construction sectors, and growing application of PVA in the textile sector, specifically in the manufacturing of non-woven fabrics.
North America will remain the largest region over the forecast period due to the existence of numerous end-use sectors, including packaging, automotive, and construction, and the region's biggest VAM customer is the United States.
Features of the Global Vinyl Acetate Monomer Market
Market Size Estimates: Vinyl acetate monomer market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Vinyl acetate monomer market size by application, end use, and region in terms of value ($B).
Regional Analysis: Vinyl acetate monomer market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different application, end use, and regions for the vinyl acetate monomer market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the vinyl acetate monomer market.
Analysis of competitive intensity of the industry based on Porter's Five Forces model.
FAQ
Q1. What is the vinyl acetate monomer market size?
Answer: The global vinyl acetate monomer market is expected to reach an estimated $10.5 billion by 2030.
Q2. What is the growth forecast for vinyl acetate monomer market?
Answer: The global vinyl acetate monomer market is expected to grow with a CAGR of 4.3% from 2024 to 2030.
Q3. What are the major drivers influencing the growth of the vinyl acetate monomer market?
Answer: The major drivers for this market are technological progressions in polymerization processes and catalyst development have substantially enhanced VAM production efficiency, rising eco-friendly production processes, as well as, increasing infrastructural investments globally.
Q4. What are the major segments for vinyl acetate monomer market?
Answer: The future of the global vinyl acetate monomer market looks promising with opportunities in the packaging, construction, textile, and adhesives markets.
Q5. Who are the key vinyl acetate monomer market companies?
Answer: Some of the key vinyl acetate monomer companies are as follows.
Q6. Which vinyl acetate monomer market segment will be the largest in future?
Answer: Lucintel forecasts that polyvinyl acetate will remain the largest segment over the forecast period due to expanding need for PVA emulsions and adhesives in the woodworking, packaging, and construction sectors, and growing application of PVA in the textile sector, specifically in the manufacturing of non-woven fabrics.
Q7. In vinyl acetate monomer market, which region is expected to be the largest in next 5 years?
Answer: North America will remain the largest region over the forecast period due to the existence of numerous end-use sectors, including packaging, automotive, and construction, and the region's biggest VAM customer is the United States.
Q.8 Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.