Infinium Global Research has added a new report on Vinyl Acetate Monomer Market. The report predicts the market size of Vinyl Acetate Monomer is expected to reach XX billion by 2023.
The global vinyl acetate monomer is projected to grow at a CAGR between 4.0% and 4.5% from 2017 to 2023 in terms of volume. Vinyl acetate monomer (VAM) is an organic compound produced by a vapour-phase acetoxylation process in a gas phase due to the reaction between acetic acid, ethylene, and oxygen, while having alumina palladium or silica palladium catalyst alongside gold as well as an alkali metal. Vinyl acetate monomer (VAM) is a crucial intermediate utilized in the production process of numerous polymers as well as resins for adhesives, coatings, films, textiles and some other end user products. Poly vinyl acetate is the major derivative of vinyl acetate monomer, which finds application as adhesives for industrial coatings, metal, paper, paints, wood, and others. Vinyl acetate monomer finds application in the production of polyvinyl alcohol, ethylene vinyl acetate, vinyl acetate ethylene, ethylene vinyl alcohol and other products. Poly vinyl acetate and poly vinyl alcohol accounts for most of the demand for vinyl acetate monomer. Ethylene vinyl alcohol has high demand from industries such as packaging, polymer, and plastic bottling.
The robust demand for adhesives from industries such as construction, furniture, and packaging are expected to drive the vinyl acetate monomer market. The heavy demand from industries such as coatings and paints for vinyl acetate copolymers is expected to drive the vinyl acetate monomer market over the period of 2017 to 2023. Furthermore, the demand for more photovoltaic cells is expected to boost the growth of the market over the forecast period. Prospering shale gas industry is expected to escalate the growth of the vinyl acetate monomer market, as ethylene vinyl acetate is used for the increasing the output while drilling wider area. Due to the pollution associated with old technologies used in the production, the government regulations regarding health and environment in various countries are expected to be restraining factors in the global VAM market.
- Celanese Corporation
- Dairen Chemical Corporation
- LyondellBasell Industries
- Ningxia Yinglite, Sinopec
- Sipchem, ShowaDenko
- Kuraray Co.Ltd
- The Dow Chemical Company
- Wacker Chemie AG.
Key Topics Covered:
- Executive Summary
- Global Vinyl Acetate Market Overview
- Global Vinyl Acetate Market Analysis, by Applications (USD Million, KT) 2015 –
- Global Vinyl Acetate Market Analysis, by Region (USD Million, KT) 2015 – 2023
- Company Profiles
To browse full report: https://goo.gl/aiECJJ