Market Analysis: Global Vinyl Acetate Emulsions Market
The Global Vinyl Acetate Emulsions Market accounted for USD 10.15 billion in 2017 and is projected to grow at a CAGR of 3.1% during the forecast period of 2018 to 2025. The upcoming market report contains data for historic years 2016, the base year of calculation is 2017 and the forecast period is 2018 to 2025.
Market Definition: Global Vinyl Acetate Emulsions Market
Vinyl acetate ethylene (VAE) emulsions are based on the copolymerization of vinyl acetate and ethylene, in which the vinyl acetate content can range between 60% and 95%, and the ethylene content ranges between 5% and 40% of the total formulation. There is a growing demand for vinyl acetate emulsions in paints & coatings, adhesives, textile, construction and paper industry, which is expected to be one of the major drivers of the market over the next seven years. According to American Coating Association, U.S. exported USD 2.3 billion in paint and coatings products in 2014, the highest level in a decade. Furthermore, the third largest export market for U.S. paint and coatings products was China at $90 million in 2014 and Japan and U. K. rounded out the top five leading export markets for U.S. paint and coatings products in 2014, at $41 million and $39 million, respectively. This entire factor sates that the market of paints and coating around the globe is growing and will drive the market for vinyl acetate ethylene.
Major Market Drivers:
- Huge economic growth in Asia-Pacific region
- Significant growth in solar power sector
- Increasing demand in packaging sector
- Availability of substitute
Market Segmentation: Global Vinyl Acetate Emulsions Market
- The vinyl acetate emulsions market is segmented on the basis of type into commonality VAE emulsion and waterproofness VAE emulsion.
- The vinyl acetate emulsions market is segmented on the basis of application into Paints & coatings, adhesives, textile, construction, paper and others.
- On the basis of geography, the vinyl acetate emulsions market report covers data points for 28 countries across multiple geographies such as North America, South America, Europe, Asia-Pacific and Middle East & Africa. Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa, and Brazil among others.
Competitive Landscape: Global Vinyl Acetate Emulsions Market
The global vinyl acetate emulsions market is fragmented with the presence of a large number of players across different regions. These major players have adopted various organic as well as inorganic growth strategies such as mergers & acquisitions, new product launches, expansions, agreements, joint ventures, partnerships, and others to strengthen their position in this market.
Major Market Competitors: Global Vinyl Acetate Emulsions Market
Some of the major players in vinyl acetate emulsions market The Dow Chemical Company, Celanese Corporation, DIC Corporation, Synthomer, Wacker Chemie AG, Styron, BASF SE, Omnova Solution, STI Polymer, Asahi Kasei, Clariant International Limited, Arkema, Momentive Performance Materials Holdings LLC, AKZO Nobel, Asian Paints Ltd, Trinseo S.A., Cytec Solvay Group, Kaykay Cyano Chemicals Private Limited, ALLIANCE GLOBAL, Reliable Corporation, Pexi Chem Private Limited, Alpha Chemika, Benson Polymers Limited, Kompass international, The Lubrizol Corporation, Henkel AG, H.B.Fuller, Abnilshimi co, Melton Adhesives, Nissin Chemical co., ltd and many more.
Research Methodology: Global Vinyl Acetate Emulsions Market
Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analyzed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please Request an Analyst Call or can drop down your inquiry.
The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, other data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.