Global Vinyl Acetate Monomer Market- Celanese Corporation, Dairen Chemical Corporation, LyondellBasell Industries
Global Vinyl Acetate Monomer Market is projected to grow at a CAGR between 4.0% and 4.5% from 2017 to 2023 in terms of volume.
Pune, India – July 6, 2017 /MarketersMedia/ —
Introduction:
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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 vapour-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. Vinyl acetate monomer (VAM) is a crucial intermediate utilized in the production process of numerous polymers as well as resins for adhesives, coatings, films, textiles and some other end user products. Poly vinyl acetate is the major derivative of vinyl acetate monomer, which finds application as adhesives for industrial coatings, metal, paper, paints, wood, and others. Vinyl acetate monomer finds application in the production of polyvinyl alcohol, ethylene vinyl acetate, vinyl acetate ethylene, ethylene vinyl alcohol and other products.
Segments Covered:
The report segments the global vinyl acetate market by application and region. On the basis of application, the market is segmented as ethylene vinyl acetate, ethylene vinyl alcohol, poly vinyl acetate, poly vinyl alcohol and others.
Geographic Coverage and Analysis:
The report provides regional analysis covering geographies such as North America, Europe, Asia-Pacific, and Rest of the World (Including Latin America, Middle East and Africa). North America is the largest VAM market in the world. The significant increase in production of shale gas in US is expected to drive the North America market, as the shale gas industry requires vinyl acetate monomer to augment the production. Asia-Pacific region is the fastest growing market due to the high demand from industries such as coatings and paints in India and China.
The companies covered in the Global Vinyl Acetate Monomer Market report:
1) Celanese Corporation
2) Dairen Chemical Corporation
3) LyondellBasell Industries
4) Ningxia Yinglite
5) Sinopec
6) Sipchem
7) ShowaDenko
8) Kuraray Co.Ltd
9) The Dow Chemical Company
10) Wacker Chemie AG.
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