Vinyl Acetate Monomer Market Growth, Trends, and Forecasts 2020–2027
Vinyl Acetate Monomer Market
To Reach USD 11.36 Billion By
2027
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Market Summary
Developments in production processes, the
continuous expansion of the packaging and
construction industry, and an increasing
consumption of packaged foods have resulted in
boosting the Vinyl Acetate Monomer market.
Market Size – USD 8.06 Billion in 2018, Market
Growth - CAGR of 3.8%, Market Trends – The rising
demand for paints & coatings .
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Vinyl Acetate Monomer (VAM), which is also known as acetic acid vinyl ester is an organic colorless, liquid
compound, which is polyvinyl acetate’s precursor. It has a molecular formula of C4H4O2. It has considered soluble
in water, and the vapor of VAM is heavier than air. It is mainly used as a monomer in the production of polyvinyl
alcohol and polyvinyl acetate. VAM is an intermediate used in the manufacturing of various industrial resins and
polymers to produce coatings, adhesives, paints, wire & cable insulation and textiles. The expansion of these end-
user industries is one of the factor supporting the growth of the market. It is also used as a major component in
various high-end products like toughened glass, laminated windscreens, and carbon fiber. The increasing
consumption of packaged food and expansion of the automotive sector are also supporting the overall growth of
the market.
Europe can be seen to occupy a significant portion of the market. The market share occupied by this region is
resultant of a well-established automotive industry, high consumption of packaged food, and growing use of
biodegradable plastic.
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Further key findings from the report suggest
• The Vinyl Acetate Monomer market held a market share of USD 06 Billion in the year 2018 that is
forecasted to grow at a rate of 3.8% during the forecast period.
• In context to Production method, the Reaction of ethylene with acetate species on oxygen-covered
PD segment generated the highest revenue of USD 5.56 Billion in 2018, with a CAGR 4.0% during
the forecast period. Its extensive application in industrial manufacturing of VAM because of its
advantage, like the reaction, produces comparatively fewer by-products results in its elevated
preference among manufacturers, which contributes to the revenue generated by this segment.
• The packaging segment held the largest market share of 31.0% in 2018, with a growth rate of 3.9%
during the forecast period. The market share held by the packaging segment is resultant of the
continuously growing demand for packaged foods and beverages along with the expansion of online
food order culture, which results in high demand for VAM wherein it is used as barrier resin.
Advancements of multi-layer barrier packaging technology is also positively impacting the market
share held by this segment.
To identify the key trends in the industry, click on the link below @
https://www.reportsanddata.com/report-detail/vinyl-acetate-monomer-market
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Key participants : LyondellBasell Industries, Celanese Corporation, DuPont, The Dow Chemical Company,
INEOS, Kuraray, Dairen Chemical Corp, Chang Chun Group, Sipchem, and Sinopec.
For the purpose of this report, Reports and Data have segmented the global Vinyl Acetate Monomer
market according to Production method, End-user, Application, and Region:
Production method Outlook (Volume, Kilo Tons; Revenue, USD Billion; 2016-2027)
Reaction of Ethylene with Acetate Species on Oxygen-Covered PD
Dubbed Leap
Hydroesterification
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End-User Outlook (Volume, Kilo Tons; Revenue, USD Billion; 2016-2027)
Construction
Packaging
Textiles
Paints & Coatings
Adhesives
Automotive
Others
Application Outlook (Volume, Kilo Tons; Revenue, USD Billion; 2016-2027)
Polyvinyl Alcohol (PVOH)
Polyvinyl Acetate (PVA)
Ethylene-Vinyl Alcohol (EVOH)
Ethylene-Vinyl Acetate (EVA)
Others
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