Global Vinyl Acetate Monomer Market – Forecasts to 2023 – Heavy Demand from Industries Such as Coatings & Paints for Vinyl Acetate Copolymers – Research and Markets
DUBLIN–(BUSINESS WIRE)–The "Global
Vinyl Acetate Monomer Market: Trends Analysis & Forecasts to 2023"
report has been added to Research and Markets' offering.
The global vinyl acetate monomer is projected to grow at a CAGR between
4.0% and 4.5% from 2017 to 2023 in terms of volume. Vinyl acetate
monomer (VAM) is an organic compound produced by a vapor-phase
acetoxylation process in a gas phase due to the reaction between acetic
acid, ethylene, and oxygen, while having alumina palladium or silica
palladium catalyst alongside gold as well as an alkali metal.
The robust demand for adhesives from industries such as construction,
furniture, and packaging are expected to drive the vinyl acetate monomer
market. The heavy demand from industries such as coatings and paints for
vinyl acetate copolymers is expected to drive the vinyl acetate monomer
market over the period of 2017 to 2023. Furthermore, the demand for more
photovoltaic cells is expected to boost the growth of the market over
the forecast period.
Prospering shale gas industry is expected to escalate the growth of the
vinyl acetate monomer market, as ethylene vinyl acetate is used for the
increasing the output while drilling wider area. Due to the pollution
associated with old technologies used in the production, the government
regulations regarding health and environment in various countries are
expected to be restraining factors in the global VAM market. Moreover,
excessive production and the severe fluctuation in the cost of raw
materials are expected to further restrain the growth of the market over
the forecast period. However the impact of this factor is expected to
remain moderate over the forecast period.
Companies Mentioned
- Celanese Corporation
- Dairen Chemical Corporation
- LyondellBasell Industries
- Ningxia Yinglite
- Sinopec
- Sipchem
- ShowaDenko
- Kuraray Co.Ltd
- The Dow Chemical Company
- Wacker Chemie AG
Key Topics Covered:
1. Preface
2. Executive Summary
3. Global Vinyl Acetate Market Overview
4. Global Vinyl Acetate Market Analysis, by Applications (USD Million,
KT) 2015 – 2023
5. Global Vinyl Acetate Market Analysis, by Region (USD Million, KT)
2015 – 2023
6. Company Profiles
For more information about this report visit https://www.researchandmarkets.com/research/zg5r8t/global_vinyl
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Related
Topics: Adhesives
and Sealants