Vinyl Acetate Monomer Market by Application Outlook (Polyvinyl Acetate, Polyvinyl Alcohol, Ethylene Vinyl Acetate, Ethylene Vinyl Alcohol, Others), End-User Industry, Region, Global Industry Analysis, Market Size, Share, Growth, Trends, and Forecast 2020 To 2027

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The global vinyl acetate monomer market is expected to grow from USD 8.36 billion in 2019 to USD 12.51 billion by 2027, at a CAGR of 3.8% during the forecast period 2020-2027.

Vinyl acetate monomer is also known as acetic acid vinyl ester. It is an organic liquid compound, colourless in nature, with chemical formula C4H4O2, it is the acetate ester of vinyl alcohol. It is an industrial chemical produced in large quantities, and it is also used to make other industrial chemicals. It is very flammable and can it can be ignited by flames, heats or sparks. VAM (Vinyl acetate monomer) is a key intermediate which is used in the making of various polymers and resins of adhesives, paints, coatings, films, textiles and other end-products. This market is driven by the demand from its derivatives which has various uses. Its largest derivative is polyvinyl acetate (PVA) which is mainly used in adhesives due to its good adhesion properties to various substrates including wood, paper, plastic films and metals. Its other uses include paints, paper and industrial coatings. Polyvinyl alcohol (PVOH) is manufactured from PVA, is its second-largest consumer. Main uses for PVOH include adhesives, textiles, packaging films, thickeners and photosensitive coatings. VAM is consumed in the manufacturing of ethylene-vinyl acetate (EVA) and vinyl acetate-ethylene (VAE). EVA, contains less than 50% vinyl acetate, is primarily used mainly for films, wire and cable insulation. VAE, contains more than 50% vinyl acetate, is mainly used as cement additives, paints and adhesives. Another fast-growing use of VAM is the manufacturing of ethylene vinyl alcohol (EVOH), it is used as a barrier resin in food packaging, gasoline tanks, plastic bottles and, and in engineering polymers.

PVA has the largest market share segment-wise in vinyl acetate monomer market, followed by PVOH. However, EVOH segment is expected to grow at the highest pace in the forecast period. The end-user segment involves various industries such as packaging, automotive, construction, textile and others. Packaging segment has most significant market share in the global VAM market end-user wise. The rising consumption of packaged food ordered through online food delivery apps, the emergence of e-commerce sector is acting as the driving factor for packaged materials. Construction segment is emerging at a very high growth rate driven by the increase in the demand of the paints and coating.

The VAM market is divided into North America, Europe, Asia-Pacific, and South America. The key players in the global vinyl acetate monomer market are Sipchem, Ningxia Yinglite, The Dow Chemical Company, Kuraray, Wacker Chemie, Celanese, Arkema, Sinopec, Dairen Chemical Corporation LyondellBasell Industries, Sipchem, Ineospec Inc, Exxon Mobil Corporation, and Japan VAM & POVAL Co. Ltd. among others. To increase their market share and serve the growing demand from the Asia Pacific region firms are focussing on increasing their production capacities with the implementation of new innovative production techniques.

This study predicts revenue growth at global, regional, and country levels from 2020 to 2027. The report is segmented on the basis of below-mentioned segments:

Global Vinyl Acetate Monomer by Application:

  • Polyvinyl Acetate (PVA)
  • Polyvinyl Alcohol (PVOH)
  • Ethylene Vinyl Alcohol (EVOH)
  • Ethylene Vinyl Acetate (EVA)
  • Others

Global Vinyl Acetate Monomer by End-User Industry:

  • Packaging
  • Automotive
  • Construction
  • Textile
  • Others

Global Vinyl Acetate Monomer by Region:

  • North America
    • The U.S.
    • Mexico
    • Canada
  • Europe
    • Germany
    • France
    • Netherlands
    • U.K.
    • Sweden
    • Italy
    • Spain
    • Switzerland
    • Turkey
    • Belgium
    • Rest of Europe
  • Asia-Pacific
    • Japan
    • Australia
    • India
    • China
    • South Korea
    • Singapore
    • Malaysia
    • Thailand
    • Indonesia
    • Philippines
    • Rest of Asia-Pacific
  • South America
    • Brazil
    • Argentina
    • Colombia
    • Rest of South America
  • The Middle East and Africa
    • Saudi Arabia
    • UAE
    • Egypt
    • Nigeria
    • South Africa
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1. Introduction
    1.1. Objectives of the Study
    1.2. Market Definition
    1.3. Research Scope
    1.4. Currency
    1.5. Key Target Audience
 

2. Research Methodology and Assumptions
 

3. Executive Summary
 

4. Premium Insights
    4.1. Porter’s Five Forces Analysis
    4.2. Value Chain Analysis
    4.3. Top Investment Pockets
          4.3.1. Market Attractiveness Analysis By Application
          4.3.2. Market Attractiveness Analysis By End-User Industry
          4.3.3. Market Attractiveness Analysis By Region
    4.4. Industry Trends
 

5. Market Dynamics
    5.1. Market Evaluation
    5.2. Drivers
    5.3. Restrains
    5.4. Opportunities
    5.5. Challenges
 

6. Global Vinyl Acetate Monomer Market Analysis and Forecast, By Application
    6.1. Segment Overview
    6.2. Polyvinyl Acetate (PVA)
    6.3. Polyvinyl Alcohol (PVOH)
    6.4. Ethylene Vinyl Alcohol (EVOH)
    6.5. Ethylene Vinyl Acetate (EVA)
    6.6. Others
 

7. Global Vinyl Acetate Monomer Market Analysis and Forecast, By End-User Industry
    7.1. Segment Overview
    7.2. Packaging
    7.3. Automotive
    7.4. Construction
    7.5. Textile
    7.6. Others
 

8. Global Vinyl Acetate Monomer Market Analysis and Forecast, By Regional Analysis
    8.1. Segment Overview
    8.2. North America
          8.2.1. U.S.
          8.2.2. Canada
          8.2.3. Mexico
    8.3. Europe
          8.3.1. Germany
          8.3.2. France
          8.3.3. U.K.
          8.3.4. Italy
          8.3.5. Spain
    8.4. Asia-Pacific
          8.4.1. Japan
          8.4.2. China
          8.4.3. India
    8.5. South America
          8.5.1. Brazil
    8.6. Middle East and Africa
          8.6.1. UAE
          8.6.2. South Africa
 

9. Global Vinyl Acetate Monomer Market-Competitive Landscape
    9.1. Overview
    9.2. Market Share of Key Players in Global Vinyl Acetate Monomer Market
          9.2.1. Global Company Market Share
          9.2.2. North America Company Market Share
          9.2.3. Europe Company Market Share
          9.2.4. APAC Company Market Share
    9.3. Competitive Situations and Trends
          9.3.1. Product Launches and Developments
          9.3.2. Partnerships, Collaborations, and Agreements
          9.3.3. Mergers & Acquisitions
          9.3.4. Expansions
 

10. Company Profiles
    10.1. Sipchem
          10.1.1. Business Overview
          10.1.2. Company Snapshot
          10.1.3. Company Market Share Analysis
          10.1.4. Company Product Portfolio
          10.1.5. Recent Developments
          10.1.6. SWOT Analysis
    10.2. Ningxia Yinglite
          10.2.1. Business Overview
          10.2.2. Company Snapshot
          10.2.3. Company Market Share Analysis
          10.2.4. Company Product Portfolio
          10.2.5. Recent Developments
          10.2.6. SWOT Analysis
    10.3. The Dow Chemical Company
          10.3.1. Business Overview
          10.3.2. Company Snapshot
          10.3.3. Company Market Share Analysis
          10.3.4. Company Product Portfolio
          10.3.5. Recent Developments
          10.3.6. SWOT Analysis
    10.4. Kuraray
          10.4.1. Business Overview
          10.4.2. Company Snapshot
          10.4.3. Company Market Share Analysis
          10.4.4. Company Product Portfolio
          10.4.5. Recent Developments
          10.4.6. SWOT Analysis
    10.5. WackerChemie
          10.5.1. Business Overview
          10.5.2. Company Snapshot
          10.5.3. Company Market Share Analysis
          10.5.4. Company Product Portfolio
          10.5.5. Recent Developments
          10.5.6. SWOT Analysis
    10.6. Celanese
          10.6.1. Business Overview
          10.6.2. Company Snapshot
          10.6.3. Company Market Share Analysis
          10.6.4. Company Product Portfolio
          10.6.5. Recent Developments
          10.6.6. SWOT Analysis
    10.7. Arkema
          10.7.1. Business Overview
          10.7.2. Company Snapshot
          10.7.3. Company Market Share Analysis
          10.7.4. Company Product Portfolio
          10.7.5. Recent Developments
          10.7.6. SWOT Analysis
    10.8. Sinopec
          10.8.1. Business Overview
          10.8.2. Company Snapshot
          10.8.3. Company Market Share Analysis
          10.8.4. Company Product Portfolio
          10.8.5. Recent Developments
          10.8.6. SWOT Analysis
    10.9. Dairen Chemical Corporation
          10.9.1. Business Overview
          10.9.2. Company Snapshot
          10.9.3. Company Market Share Analysis
          10.9.4. Company Product Portfolio
          10.9.5. Recent Developments
          10.9.6. SWOT Analysis
    10.10. LyondellBasell Industries
          10.10.1. Business Overview
          10.10.2. Company Snapshot
          10.10.3. Company Market Share Analysis
          10.10.4. Company Product Portfolio
          10.10.5. Recent Developments
          10.10.6. SWOT Analysis
    10.11. Sipchem
          10.11.1. Business Overview
          10.11.2. Company Snapshot
          10.11.3. Company Market Share Analysis
          10.11.4. Company Product Portfolio
          10.11.5. Recent Developments
          10.11.6. SWOT Analysis
    10.12. IneospecInc
          10.12.1. Business Overview
          10.12.2. Company Snapshot
          10.12.3. Company Market Share Analysis
          10.12.4. Company Product Portfolio
          10.12.5. Recent Developments
          10.12.6. SWOT Analysis
    10.13. Exxon Mobil Corporation
          10.13.1. Business Overview
          10.13.2. Company Snapshot
          10.13.3. Company Market Share Analysis
          10.13.4. Company Product Portfolio
          10.13.5. Recent Developments
          10.13.6. SWOT Analysis
    10.14. Japan VAM & POVAL Co. Ltd.
          10.14.1. Business Overview
          10.14.2. Company Snapshot
          10.14.3. Company Market Share Analysis
          10.14.4. Company Product Portfolio
          10.14.5. Recent Developments
          10.14.6. SWOT Analysis


List of Table

1. Global Vinyl Acetate Monomer Market, By Application, 2017–2027(USD Billion)(Tons)

2. Global Polyvinyl Acetate (PVA) Market, By Region, 2017–2027(USD Billion)(Tons)

3. Global Polyvinyl Alcohol (PVOH) Market, By Region, 2017–2027(USD Billion)(Tons)

4. Global Ethylene Vinyl Alcohol (EVOH) Market, By Region, 2017–2027(USD Billion)(Tons)

5. Global Ethylene Vinyl Acetate (EVA) Market, By Region, 2017–2027(USD Billion)(Tons)

6. Global Others Market, By Region, 2017–2027(USD Billion)(Tons)

7. Global Vinyl Acetate Monomer Market, By End-User Industry, 2017–2027(USD Billion)(Tons)

8. Global Packaging In Vinyl Acetate Monomer Market, By Region, 2017–2027(USD Billion)(Tons)

9. Global Automotive Vinyl Acetate Monomer Market, By Region, 2017–2027(USD Billion)(Tons)

10. Global Construction Vinyl Acetate Monomer Market, By Region, 2017–2027(USD Billion)(Tons)

11. Global Textile Vinyl Acetate Monomer Market, By Region, 2017–2027(USD Billion)(Tons)

12. Global Others Vinyl Acetate Monomer Market, By Region, 2017–2027(USD Billion)(Tons)

13. Global Vinyl Acetate Monomer Market, By Region, 2017–2027(USD Billion)(Tons)

14. Global Vinyl Acetate Monomer Market, By North America, 2017–2027(USD Billion)(Tons)

15. North America Vinyl Acetate Monomer Market, By Application, 2017–2027(USD Billion)(Tons)

16. North America Vinyl Acetate Monomer Market, By End-User Industry, 2017–2027(USD Billion)(Tons)

17. U.S. Vinyl Acetate Monomer Market, By Application, 2017–2027(USD Billion)(Tons)

18. U.S. Vinyl Acetate Monomer Market, By End-User Industry, 2017–2027(USD Billion)(Tons)

19. Canada Vinyl Acetate Monomer Market, By Application, 2017–2027(USD Billion)(Tons)

20. Canada Vinyl Acetate Monomer Market, By End-User Industry, 2017–2027(USD Billion)(Tons)

21. Mexico Vinyl Acetate Monomer Market, By Application, 2017–2027(USD Billion)(Tons)

22. Mexico Vinyl Acetate Monomer Market, By End-User Industry, 2017–2027(USD Billion)(Tons)

23. Europe Vinyl Acetate Monomer Market, By Application, 2017–2027(USD Billion)(Tons)

24. Europe Vinyl Acetate Monomer Market, By End-User Industry, 2017–2027(USD Billion)(Tons)

25. Germany Vinyl Acetate Monomer Market, By Application, 2017–2027(USD Billion)(Tons)

26. Germany Vinyl Acetate Monomer Market, By End-User Industry, 2017–2027(USD Billion)(Tons)

27. France Vinyl Acetate Monomer Market, By Application, 2017–2027(USD Billion)(Tons)

28. France Vinyl Acetate Monomer Market, By End-User Industry, 2017–2027(USD Billion)(Tons)

29. U.K. Vinyl Acetate Monomer Market, By Application, 2017–2027(USD Billion)(Tons)

30. U.K. Vinyl Acetate Monomer Market, By End-User Industry, 2017–2027(USD Billion)(Tons)

31. Italy Vinyl Acetate Monomer Market, By Application, 2017–2027(USD Billion)(Tons)

32. Italy Vinyl Acetate Monomer Market, By End-User Industry, 2017–2027(USD Billion)(Tons)

33. Spain Vinyl Acetate Monomer Market, By Application, 2017–2027(USD Billion)(Tons)

34. Spain Vinyl Acetate Monomer Market, By End-User Industry, 2017–2027(USD Billion)(Tons)

35. Asia Pacific Vinyl Acetate Monomer Market, By Application, 2017–2027(USD Billion)(Tons)

36. Asia Pacific Vinyl Acetate Monomer Market, By End-User Industry, 2017–2027(USD Billion)(Tons)

37. Japan Vinyl Acetate Monomer Market, By Application, 2017–2027(USD Billion)(Tons)

38. Japan Vinyl Acetate Monomer Market, By End-User Industry, 2017–2027(USD Billion)(Tons)

39. China Vinyl Acetate Monomer Market, By Application, 2017–2027(USD Billion)(Tons)

40. China Vinyl Acetate Monomer Market, By End-User Industry, 2017–2027(USD Billion)(Tons)

41. India Vinyl Acetate Monomer Market, By Application, 2017–2027(USD Billion)(Tons)

42. India Vinyl Acetate Monomer Market, By End-User Industry, 2017–2027(USD Billion)(Tons)

43. South America Vinyl Acetate Monomer Market, By Application, 2017–2027(USD Billion)(Tons)

44. South America Vinyl Acetate Monomer Market, By End-User Industry, 2017–2027(USD Billion)(Tons)

45. Brazil Vinyl Acetate Monomer Market, By Application, 2017–2027(USD Billion)(Tons)

46. Brazil Vinyl Acetate Monomer Market, By End-User Industry, 2017–2027(USD Billion)(Tons)

47. Middle East and Africa Vinyl Acetate Monomer Market, By Application, 2017–2027(USD Billion)(Tons)

48. Middle East and Africa Vinyl Acetate Monomer Market, By End-User Industry, 2017–2027(USD Billion)(Tons)

49. UAE Vinyl Acetate Monomer Market, By Application, 2017–2027(USD Billion)(Tons)

50. UAE Vinyl Acetate Monomer Market, By End-User Industry, 2017–2027(USD Billion)(Tons)

51. South Africa Vinyl Acetate Monomer Market, By Application, 2017–2027(USD Billion)(Tons)

52. South Africa Vinyl Acetate Monomer Market, By End-User Industry, 2017–2027(USD Billion)(Tons)

 

List of Figures 

1. Global Vinyl Acetate Monomer Market Segmentation

2. Vinyl Acetate Monomer Market: Research Methodology

3. Market Size Estimation Methodology: Bottom-Up Approach

4. Market Size Estimation Methodology: Top-Down Approach

5. Data Triangulation

6. Porter’s Five Forces Analysis 

7. Value Chain Analysis 

8. Global Vinyl Acetate Monomer Market Attractiveness Analysis By Application

9. Global Vinyl Acetate Monomer Market Attractiveness Analysis By End-User Industry

10. Global Vinyl Acetate Monomer Market Attractiveness Analysis By Region

11. Global Vinyl Acetate Monomer Market: Dynamics

12. Global Vinyl Acetate Monomer Market Share By Application (2019 & 2027)

13. Global Vinyl Acetate Monomer Market Share By End-User Industry (2019 & 2027)

14. Global Vinyl Acetate Monomer Market Share by Regions (2019 & 2027)

15. Global Vinyl Acetate Monomer Market Share by Company (2019)

Research Methodology

Market research is a method of gathering, assessing and deducing data & information about a particular market. Market research is very crucial in these days. The techniques analyze about how a product/service can be offered to the market to its end-customers, observe the impact of that product/service based on the past customer experiences, and cater their needs and demands. Owing to the successful business ventures, accurate, relevant and thorough information is the base for all the organizations because market research report/study offers specific market related data & information about the industry growth prospects, perspective of the existing customers, and the overall market scenario prevailed in past, ongoing present and developing future. It allows the stakeholders and investors to determine the probability of a business before committing substantial resources to the venture. Market research helps in solving the marketing issues challenges that a business will most likely face.

Market research is valuable because of the following reasons:

  • Market research helps businesses strengthen a company’s position
  • Market research helps in minimizing the investment risks associated with the businesses in any industry vertical
  • Market research helps in identifying the potential threats and opportunities associated with the business industry
  • Market research aids in spotting the emerging trends and facilitates strategic planning in order to stay ahead in the competition

Our research report features both the aspects; qualitative and quantitative. Qualitative part provides insights about the market driving forces, potential opportunities, customer’s demands and requirement which in turn help the companies to come up with new strategies in order to survive in the long run competition. The quantitative segment offers the most credible information related to the industry. Based on the data gathering, we use to derive the market size and estimate their future growth prospects on the basis of global, region and country.

Our market research process involves with the four specific stages.

  • Data Collection
  • Data Synthesis
  • Market Deduction & Formulation
  • Data Screening & Validation

Data Collection: This stage of the market research process involves with the gathering and collecting of the market/industry related data from the sources. There are basically two types of research methods:

  • Primary Research: By conducting primary research, it involves with the two types of data gathering; exploratory and specific. Exploratory data is open-ended and helps us to define a particular problem involving surveys, and pilot study to the specific consumer group, knowing their needs and wants catering to the industry related product/service offering. Explanatory data gathering follows with the bit of unstructured way. Our analyst group leads the study by focusing on the key crowd, in this manner picking up bits of knowledge from them. In light of the points of view of the clients, this data is used to plan advertise techniques. In addition, showcase overviews causes us to comprehend the current scenario of the business. Specific data gathering on the hand, involves with the more structured and formal way. The primary research usually includes in telephonic conversations, E-mail collaborations and up close and personal meetings/interviews with the raw material suppliers, industrial wholesalers, and independent consultants/specialists. The interviews that we conduct offers important information on showcase size and industry development patterns. Our company likewise conducts interviews with the different business specialists so as to increase generally bits of knowledge of the business/showcase.
  • Secondary Research: The secondary research incorporates with the data gathering from the non-profit associations and organizations, for example, World bank, WHO, investor relations and their presentations, statistical databases, yearly(annual reports) reports, national government records, factual databases, websites, articles, white papers, press releases, blogs and others. From the annual report, we deduce an organization's income/revenue generation to comprehend the key product segment related to the market. We examine the organization sites and implement product mapping strategy which is significant for determining the segment revenue. In the product mapping technique, we choose and categorize the products offered by the companies catering to the industry specific market, derive the segment revenue for each of the organizations to get the market estimation. We also gather data & Information based on the supply and demand side of the value chain involved with the domain specific market. The supply side denotes the distributors, wholesalers, suppliers and the demand side denotes the end-consumers/customers of the value chain. The supply side of the market is analyzed by examining the product growth across industry in each of the region followed by its pricing analysis. The demand side is analyzed by the evaluating the penetration level and adoption rates of the product by referring to the historical/past data, examine the present usage and forecasting the future trends. 
  • Purchased Database: Our purchased data provides insights about the key market players/companies along with their financial analysis. Additionally, our data base also includes market related information. 
    • We also have the agreements with various reputed data providers, consultants and third party vendors who provide information which are not limited to:
      • Export & Import Data
      • Business Information related to trade and its statistics
      • Penetration level of a particular product/service based on geography mainly focusing on the unmet prerequisites of the customers.
  • In-house Library: Apart from these third-party sources, we have our in-house library of quantitative and qualitative data & information. Our in-house database includes market data for various industry and domains. These data are updated on regular basis as per the changing market scenario. Our library includes, internal audit reports, historic databases, archives and journal publications. Sometimes there are instances where there is no metadata or raw data available for any domain specific market. For those particular cases, we utilize our expertise to forecast and estimate the market size in order to generate comprehensive data sets. Our analyst team adopts a robust research technique in order to deduce the market size and its estimates:
  • Examining demographic along with psychographic segmentation for market evaluation
  • Analyzing the macro and micro-economic indicators for each demography
  • Evaluating the current industry trends popular in the market.

Data Synthesis: This stage includes the evaluation and assessment of all the data acquired from the primary and secondary research. It likewise includes in evaluating the information for any disparity watched while information gathering identified with the market. The data & information is gathered with consideration to the heterogeneity of sources. Scientific and statistical methods are implemented for synthesizing dissimilar information sets and provide the relevant data which is fundamental for formulating strategies. Our organization has broad involvement with information amalgamation where the information goes through different stages:

  • Information Screening: Information screening is the way toward examining information/data gathered from the sources for errors/mistakes and amending it before data integration process. The screening includes in looking at raw information, identifying and distinguishing mistakes and managing missing information. The reason for the information screening is to ensure information is effectively entered or not. Our organization utilizes objective and precise information screening grades through repetitive quality checks.
  • Data Integration: The data integration method involves with the incorporation of numerous information streams. The data streams is important so as to deliver investigate examines that give overall market scenario to the investors. These information streams originate from different research contemplates and our in house database. After the screening of the information, our analysts conduct efficient integration of the data streams, optimizing connections between integrated surveys and syndicated data sources. There are two research approaches that we follow so as to coordinate our information; top down methodology and bottom up methodology. 
    • Top-down analysis generally refers to using broad factors as a basis for decision making. The top-down approach helps in identifying the overall market scenario along with the external and internal factors effecting the market growth.
    • The bottom-up approach takes a completely different approach. Generally, the bottom-up approach focuses its analysis on micro attributes and specific characteristics of the domain specific market.

Market Formulation & Deduction: The last stage includes assigning the data & information in a suitable way in order to derive market size. Analyst reviews and domain based opinions based on holistic approach of market estimation combined with industry investigation additionally features a crucial role in this stage.

This stage includes with the finalization of the market size and numbers that we have gathered from primary and secondary research. With the data & information addition, we ensure that there is no gap in the market information. Market trend analysis is finished by our analysts by utilizing data extrapolation procedures, which give the most ideal figures to the market.

Data Validation: Validation is the most crucial step in the process. Validation & re-validation through scientifically designed technique and process that helps us finalize data-points to be used for final calculations. This stage also involves with the data triangulation process. Data triangulation generally implicates the cross validation and matching the data which has been collected from primary and secondary research methods.

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Dear Siddhartha,
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