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Vinyl Acetate Monomer (VAM) Market

Vinyl Acetate Monomer (VAM) Market

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Vinyl Acetate Monomer (VAM) Market

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  1. Vinyl Acetate Monomer (VAM) Market 2022 Size, Share, Overview, Trends, Demand, Forecast to 2028

  2. Global Market Scenario of Vinyl Acetate Monomer (VAM) Industry Vinyl Acetate Monomer (VAM) market size is likely to be valued at over USD 11 billion by 2028. Rising developments in the polymer industry and increasing vinyl acetate monomer requirements for manufacturing paints & coatings, adhesives, elastomers, lues & sealants, paper coatings, binders, and textiles, among others, are providing new opportunities in the monomer market. Some of the major findings in the Vinyl Acetate Monomer (VAM) Market report include: Rising demands in water-based paints, adhesives, acrylic fibers, paper coatings, and non-woven binders. The major driver of the Vinyl Acetate Monomer (VAM) market growth around the globe is packaging industries. The packaging of ready-to-eat meals & beverages is propelling the market growth.

  3. Continue:- Introduction of multiple layer packaging technologies. The key industry leaders are investing in facility upgrades, research & development, strategic mergers & acquisitions, and the establishment of new production facilities, among others, to gain a competitive advantage in the market. Vinyl acetate monomer is a colorless organic monomer. It is produced by the acetylation of ethylene with acetic acid and oxygen. It is mainly used for producing polyvinyl alcohol, polyvinyl acetate, ethylene vinyl acetate, and ethylene vinyl alcohol, among other compounds. The polyvinyl acetate segment accounts for most of the global demand in the Vinyl Acetate Monomer (VAM) market. Vinyl acetate monomer has several properties including adhesion, optical clarity, and fiber formation. Industries, including packaging, construction, textiles, and cosmetics, majorly consume this compound. The rising demand for packaging & construction and the demand from other end-use sectors, such as textiles and cosmetics, are expected to drive the demand for vinyl acetate monomers during the forecast period.

  4. Request for sample copy of this research report@ https://www.gminsights.com/request-sample/detail/2474

  5. 360° Industry Analysis Request for customization:https://www.gminsights.com/roc/2474 Based on the application segment, Ethylene-Vinyl Acetate (EVA) is expected to account for a revenue of around USD 1.2 billion by 2028. Extra toughness, stress-crack resistance, and high tensile elongation are a few characteristics that make the polymer an ideal choice in the packaging industry. In addition, the segment growth is maintained by rising disposable incomes in developing countries and increasing ethylene-vinyl acetate resin applications in various end-user industries such as photovoltaic panels, footwear, and automotive. In the end-user industry segment, the market revenue of cosmetics is expected to account for USD 1.6 billion by 2028, registering a CAGR of 4.5% during the forecast period. The rising awareness of beauty products, increasing premium on personal grooming, and changing consumption patterns with improved purchasing power will have a positive impact on the cosmetics industry. Vinyl acetate monomer prevents emulsions from separating into oil & water components. Rising consumer interest in cosmetic ingredients is another key factor that will majorly contribute to the vinyl acetate monomer demand in the coming years.

  6. Competitive Analysis: The Europe Vinyl Acetate Monomer (VAM) market is expected to account for a revenue of USD 2.6 billion at a CAGR of 4% by 2028. Ethylene & vinyl acetates are used to make Ethylene Vinyl Acetate (EVA) resins. In Europe, vinyl acetate packaging films, foams, wires & cords, solar cell encapsulations, and hot melt adhesives are the major products formed by the monomer. The key market participants in the Vinyl Acetate Monomer (VAM) industry include ExxonMobil Corporation, Celanese Corporation, LyondellBasell Industries N.V., Hoehn Plastics Inc., 3M Company, Innospec, Inc., Lotte Chemical Corporation, Clariant AG, and BASF SE.

  7. Title Latest Research Report On Vinyl Acetate Monomer (VAM) Market@ https://www.gminsights.com/industry-analysis/vinyl-acetate-monomer-vam-market Request for sample of this research report@ https://www.gminsights.com/request-sample/detail/2474 Request for customization: https://www.gminsights.com/roc/2474

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