Vinyl Acetate Monomer Market by Type and Geography - Forecast and Analysis 2022-2026

  • Published: Jan 2022
  • Pages: 120
  • SKU: IRTNTR71894
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The vinyl acetate monomer market share is expected to increase by USD 2.02 billion from 2021 to 2026, and the market’s growth momentum will accelerate at a CAGR of 4.52%.

This vinyl acetate monomer market research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers vinyl acetate monomer market segmentation by type (PVA, PVOH, EVA, EVOH, and others) and geography (APAC, Europe, North America, South America, and MEA). The vinyl acetate monomer market report also offers information on several market vendors, including Celanese Corp., China Petrochemical Corp., Dow Inc., INEOS Group Holdings SA, Kuraray Co. Ltd., LyondellBasell Industries NV, Saudi International Petrochemical Co., Shin-Etsu Chemical Co. Ltd., Solventis Ltd., and Wacker Chemie AG among others.

What will the Vinyl Acetate Monomer Market Size be During the Forecast Period?

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Vinyl Acetate Monomer Market: Key Drivers and Challenges

The rising residential and commercial infrastructure activities are notably driving the vinyl acetate monomer market growth, although factors such as volatility of raw material prices may impede the market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the vinyl acetate monomer industry. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.

Key Vinyl Acetate Monomer Market Driver

One of the key factors driving growth in the vinyl acetate monomer market is the rising residential and commercial infrastructure activities. The growth of the global residential and construction industry has led to an increase in the construction of office spaces, commercial complexes, and residential buildings. This has led to a surge in demand for paints and coatings, such as architectural paints and coatings, which are widely preferred and used in construction and structural applications. Vinyl acetate monomer is one of the key ingredients used during the manufacturing of paint and coatings. Rapid urbanization and significant investments in infrastructure development are boosting the demand for paints and coatings in developing countries, which, in turn, will drive the growth of the market in focus.

Key Vinyl Acetate Monomer Market Challenge

The volatility of raw material prices will be a major challenge for the vinyl acetate monomer market during the forecast period. Ethylene and acetic acid, the major raw materials used in vinyl acetate monomer, are manufactured from oil and natural gas. Therefore, the prices of these petrochemicals are dependent on the prices of natural gas and crude oil. Due to the demand-supply imbalance and global geopolitical instability, the volatility of crude oil and natural gas prices in the overseas market has increased. This has resulted in a significant increase in the prices of these petrochemicals. Fluctuating prices of crude oil will have a significant impact on the profitability of chemical manufacturers, thereby hampering the growth of the global vinyl acetate monomer market.

This vinyl acetate monomer market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2022-2026.

Who are the Major Vinyl Acetate Monomer Market Vendors?

The report analyzes the market’s competitive landscape and offers information on several market vendors, including:

 

  • Celanese Corp.
  • China Petrochemical Corp.
  • Dow Inc.
  • INEOS Group Holdings SA
  • Kuraray Co. Ltd.
  • LyondellBasell Industries NV
  • Saudi International Petrochemical Co.
  • Shin-Etsu Chemical Co. Ltd.
  • Solventis Ltd.
  • Wacker Chemie AG

 

This statistical study of the vinyl acetate monomer market encompasses successful business strategies deployed by the key vendors. The vinyl acetate monomer market is fragmented and the vendors are deploying growth strategies such as forming strategic partnerships to compete in the market.

To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

The vinyl acetate monomer market forecast report offers in-depth insights into key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies. 

Which are the Key Regions for Vinyl Acetate Monomer Market?

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45% of the market’s growth will originate from APAC during the forecast period. China and Japan are the key markets for vinyl acetate monomers in APAC. Market growth in APAC will be faster than the growth of the market in other regions.

This market research report entails detailed information on the competitive intelligence, marketing gaps, and regional opportunities in store for vendors, which will assist in creating efficient business plans.

What are the Revenue-generating Type Segments in the Vinyl Acetate Monomer Market?

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The vinyl acetate monomer market share growth by the PVA segment will be significant during the forecast period. This report provides an accurate prediction of the contribution of all the segments to the growth of the vinyl acetate monomer market size and actionable market insights on post COVID-19 impact on each segment.

 

Vinyl Acetate Monomer Market Scope

Report Coverage

Details

Page number

120

Base year

2021

Forecast period

2022-2026

Growth momentum & CAGR

Accelerate at a CAGR of 4.52%

Market growth 2022-2026

$ 2.02 billion

Market structure

Fragmented

YoY growth (%)

3.50

Regional analysis

APAC, Europe, North America, South America, and MEA

Performing market contribution

APAC at 45%

Key consumer countries

China, US, Germany, Japan, and UK

Competitive landscape

Leading companies, Competitive strategies, Consumer engagement scope

Key companies profiled

Celanese Corp., China Petrochemical Corp., Dow Inc., INEOS Group Holdings SA, Kuraray Co. Ltd., LyondellBasell Industries NV, Saudi International Petrochemical Co., Shin-Etsu Chemical Co. Ltd., Solventis Ltd., and Wacker Chemie AG

Market dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, Market condition analysis for the forecast period

Customization purview

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What are the Key Data Covered in this Vinyl Acetate Monomer Market Report?

  • CAGR of the market during the forecast period 2022-2026
  • Detailed information on factors that will drive vinyl acetate monomer market growth during the next five years
  • Precise estimation of the vinyl acetate monomer market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the vinyl acetate monomer industry across APAC, Europe, North America, South America, and MEA
  • A thorough analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of vinyl acetate monomer market vendors

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Executive Summary

    Market Landscape

    • Market ecosystem
    • Value chain analysis

    Market Sizing

    • Market definition
    • Market segment analysis
    • Market size 2021
    • Market outlook: Forecast for 2021 - 2026

    Five Forces Analysis

    • Bargaining power of buyers
    • Bargaining power of suppliers
    • Threat of new entrants
    • Threat of substitutes
    • Threat of rivalry
    • Market condition

    Market Segmentation by Type

    • Market segments
    • Comparison by Type
    • PVA - Market size and forecast 2021-2026
    • PVOH - Market size and forecast 2021-2026
    • EVA - Market size and forecast 2021-2026
    • EVOH - Market size and forecast 2021-2026
    • Others - Market size and forecast 2021-2026
    • Market opportunity by Type

    Customer landscape

    • Customer landscape

    Geographic Landscape

    • Geographic segmentation
    • Geographic comparison
    • APAC - Market size and forecast 2021-2026
    • Europe - Market size and forecast 2021-2026
    • North America - Market size and forecast 2021-2026
    • South America - Market size and forecast 2021-2026
    • MEA - Market size and forecast 2021-2026
    • Key leading countries
    • Market opportunity by geography
    • Market drivers
    • Market challenges
    • Market trends

    Vendor Landscape

    • Vendor landscape
    • Landscape disruption

    Vendor Analysis

    • Vendors covered
    • Market positioning of vendors
    • Celanese Corp.
    • China Petrochemical Corp.
    • Dow Inc.
    • INEOS Group Holdings SA
    • Kuraray Co. Ltd.
    • LyondellBasell Industries NV
    • Saudi International Petrochemical Co.
    • Shin-Etsu Chemical Co. Ltd.
    • Solventis Ltd.
    • Wacker Chemie AG

    Appendix

    • Scope of the report
    • Currency conversion rates for US$
    • Research methodology
    • List of abbreviations

    Research Framework

    Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

    TechnavioINFORMATION SOURCES

    Primary sources

    • Manufacturers and suppliers
    • Channel partners
    • Industry experts
    • Strategic decision makers

    Secondary sources

    • Industry journals and periodicals
    • Government data
    • Financial reports of key industry players
    • Historical data
    • Press releases
    Technavio

    TechnavioDATA ANALYSIS

    Data Synthesis

    • Collation of data
    • Estimation of key figures
    • Analysis of derived insights

    Data Validation

    • Triangulation with data models
    • Reference against proprietary databases
    • Corroboration with industry experts
    Technavio

    TechnavioREPORT WRITING

    Qualitative

    • Market drivers
    • Market challenges
    • Market trends
    • Five forces analysis

    Quantitative

    • Market size and forecast
    • Market segmentation
    • Geographical insights
    • Competitive landscape
    Interested in this report?
    Get your FREE sample now!
    The vinyl acetate monomer market growth will increase by $2028.72 million during 2021-2026.
    The vinyl acetate monomer market is expected to grow at a CAGR of 4.52% during 2021-2026.
    Technavio has segmented the vinyl acetate monomer market by type (PVA, PVOH, EVA, EVOH, and Others) and geographic (APAC, Europe, North America, South America, and MEA).
    Celanese Corp., China Petrochemical Corp., Dow Inc., INEOS Group Holdings SA, Kuraray Co. Ltd., LyondellBasell Industries NV, Saudi International Petrochemical Co., Shin-Etsu Chemical Co. Ltd., Solventis Ltd., Wacker Chemie AG are a few of the key vendors in the vinyl acetate monomer market.
    APAC will register the highest growth rate of 45.29% among the other regions. Therefore, the vinyl acetate monomer market in APAC is expected to garner significant business opportunities for the vendors during the forecast period.
    The key factors driving the vinyl acetate monomer market growth are:
    • Rising the residential and commercial infrastructure activities
    The vinyl acetate monomer market vendors should focus on grabbing business opportunities from the pva segment as it accounted for the largest market share in the base year.
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