The global vinyl acetate monomer market size is expected to reach USD 15.44 billion by 2030, registering a CAGR of 5.5% from 2024 to 2030. Increasing adhesive demand from key industries such as construction, automotive, and furniture is expected to drive market growth. Increasing paints & coatings demand, particularly in the Asia Pacific and Latin America, is also expected to further impact market demand positively over the next six years. Stringent environmental regulations and volatile raw material prices are expected to remain key challenges for market participants over the forecast period.
Increasing shale gas exploration in the U.S. is expected to benefit the market in terms of ethylene supply, which is a key vinyl acetate monomer (VAM) feedstock and is expected to benefit the market supply. Polyvinyl acetate (PVA) and polyvinyl alcohol (PVOH) were the major application segments which together accounted for over 85% of total market volume in 2013.
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Increasing shale gas exploration in the U.S. is expected to benefit the market in terms of ethylene supply, which is a key vinyl acetate monomer (VAM) feedstock and is expected to benefit the market supply. Polyvinyl acetate (PVA) and polyvinyl alcohol (PVOH) were the major application segments which together accounted for over 85% of total market volume in 2013.
Vinyl Acetate Monomer Market Report Highlights
- The polyvinyl alcohol segment held the largest market revenue share of 47.9% in 2023, owing to its versatile applications and superior properties.
- The polyvinyl acetate segment is expected to grow at the fastest CAGR of 5.9% over the forecast period.
- The packaging segment dominated the market in 2023. The growth in e-commerce and consumer goods sectors has significantly amplified the need for durable, flexible packaging solutions.
- Asia Pacific vinyl acetate monomer market held the largest market revenue share of 47.9% in 2023. Vinyl acetate monomer is used to produce adhesives, crucial in the booming construction and packaging sectors in countries like China and India.
The leading players in the Vinyl Acetate Monomer market include:
- DowDuPont (DuPont)
- Wacker Chemie AG
- Celanese Corporation
- KURARAY CO., LTD
- Solventis
- Sipchem
- Innospec
- Exxon Mobil Corporation
- Sinopec China Petrochemical Corporation
- Arkema
- LyondellBasell Industries N.V.
Why should you buy this report?
- Comprehensive Market Analysis: Gain detailed insights into the global market across major regions and segments.
- Competitive Landscape: Explore the market presence of key players worldwide.
- Future Trends: Discover the pivotal trends and drivers shaping the future of the global market.
- Actionable Recommendations: Utilize insights to uncover new revenue streams and guide strategic business decisions.
This report addresses:
- Market intelligence to enable effective decision-making
- Market estimates and forecasts from 2018 to 2030
- Growth opportunities and trend analyses
- Segment and regional revenue forecasts for market assessment
- Competition strategy and market share analysis
- Product innovation listing for you to stay ahead of the curve
- COVID-19's impact and how to sustain in these fast-evolving markets
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Table of Contents
Chapter 1. Methodology and Scope
Chapter 2. Executive Summary
Chapter 3. Vinyl Acetate Monomer Market Variables, Trends, & Scope
Chapter 4. Vinyl Acetate Monomer Market: Application Estimates & Trend Analysis
Chapter 5. Vinyl Acetate Monomer Market: End Use Estimates & Trend Analysis
Chapter 6. Vinyl Acetate Monomer Market: Regional Estimates & Trend Analysis
Chapter 7. Competitive Landscape
Companies Mentioned
The leading players in the Vinyl Acetate Monomer market include:- DowDuPont (DuPont)
- Wacker Chemie AG
- Celanese Corporation
- KURARAY CO., LTD
- Solventis
- Sipchem
- Innospec
- Exxon Mobil Corporation
- Sinopec China Petrochemical Corporation
- Arkema
- LyondellBasell Industries N.V.
Methodology
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Table Information
Report Attribute | Details |
---|---|
No. of Pages | 100 |
Published | September 2024 |
Forecast Period | 2023 - 2030 |
Estimated Market Value ( USD | $ 10.64 Billion |
Forecasted Market Value ( USD | $ 15.44 Billion |
Compound Annual Growth Rate | 5.5% |
Regions Covered | Global |
No. of Companies Mentioned | 12 |