Vinyl Acetate Monomer Market to reach ~ $ 12 Billion by 2026
Growth in downstream
industries, rising construction activities, increasing plastic packaging, and
expanding automotive and furniture production to drive global vinyl acetate
monomer market through 2026
According to a recently published
TechSci Research report, “Global Vinyl Acetate Monomer Market By Application, By Region, Competition Forecast &
Opportunities, 2012 – 2026”, the global vinyl acetate monomer market is projected to reach
USD11.93 billion by 2026. Growth in the global vinyl acetate monomer (VAM) market
is attributed to increasing use of adhesives in construction sector, automotive
manufacturing, furniture production and paints & coatings industry, along
with rising plastic packaging demand across the globe by various industries. Additionally,
VAM is witnessing increasing demand for use in production of emulsion polymers,
resins used in textiles, wire and cable polyethylene compounds and laminated
safety glass. Vinyl acetate monomer is an essential chemical building block
that is used in the production of a variety of chemicals, which are further used
during the production of a wide range of industrial and consumer products.
Browse 45
Figures spread through 112 Pages and an in-depth TOC on "Global Vinyl Acetate Monomer Market"
https://www.techsciresearch.com/report/global-vinyl-acetate-monomer-market-by-application-pvoh-pva-eva-evoh-by-region-asia-pacific-europe-north-america-middle-east-africa-and-south-america-competition-forecast-opportunities/1156.html
In 2016, Asia-Pacific was the largest
consumer of vinyl acetate monomer, globally, owing to relaxed environmental
policies in leading VAM producing countries. The fast-paced growth of
manufacturing industries in Asia-Pacific region has increased the regional
automotive, paints & coatings and furniture production. Moreover, stringent
environmental laws imposed on manufacturing sector of several Western Europe and
North America economies are pushing multi-national producers as well as
consumers of vinyl acetate monomer towards Asia-Pacific. All these factors are expected
to boost the demand for vinyl acetate monomer in Asia-Pacific during 2017-2026.
China garnered the major share in the Asia-Pacific vinyl
acetate monomer market in 2016 due to absence of stringent manufacturing regulations
and supportive trade regulations coupled with favorable government programs
such as 13th Five Year Plan to strengthen manufacturing industry of
the country. Moreover, higher economies of scale and ample opportunities offered
by China for production at low cost attracts investments from several multinational
VAM producers in China.
Download Sample Report @ https://www.techsciresearch.com/sample-report.aspx?cid=1156
Customers
can also request for 10% free customization on this report.
“Ethylene vinyl alcohol (EVOH), the
largest application area of vinyl acetate monomer in terms of value, is majorly
used by manufacturers of packaging films. EVOH is gaining popularity in
packaging industry due to the introduction of multi-layer barrier packaging
technology as well as its ability to provide oxygen barrier food packaging that
increases the shelf life of packaged food. Strong inclination of developing as
well as developed economies towards the use of refrigerated and shelf stable
food items is expected to boost demand for EVOH, which in turn would increase
the consumption of VAM through 2026.” said Mr. Karan Chechi, Research Director with TechSci
Research, a research based global management consulting firm.
“Global Vinyl Acetate
Monomer Market By Application, By Region, Competition Forecast &
Opportunities, 2012-2026” has evaluated the future growth
potential of global vinyl
acetate monomer market and provides statistics and information on market
structure and trends. The report is intended to provide cutting-edge market
intelligence and help decision makers take sound investment evaluation. Besides
this, the report also identifies and analyzes emerging trends along with
essential drivers, challenges and opportunities available in global vinyl acetate monomer market.
About TechSci Research
TechSci
Research is a leading global market research firm
publishing premium market research reports. Serving 700 global clients with
more than 600 premium market research studies, TechSci Research is serving
clients across 11 different industrial verticals. TechSci Research specializes
in research based consulting assignments in high growth and emerging markets,
leading technologies and niche applications. Our workforce of more than 100
fulltime Analysts and Consultants employing innovative research solutions and
tracking global and country specific high growth markets helps TechSci clients
to lead rather than follow market trends.
Contact
Mr. Ken Mathews
708 Third Avenue,
Manhattan, NY,
New York – 10017
Tel: +1-646-360-1656
Email: [email protected]