Market Research Global Vinyl Acetate Market Analysis 2018

The global vinyl acetate market is expected to witness a CAGR of over 5%, owing to the growing demand
from the automotive industry. The increasing use of vinyl acetate products in the solar power-
generation industry is also likely to stimulate the market growth.
Automotive Industry Driving the Market
The automotive industry is increasingly driving the demand for vinyl acetate products. The products are
used in a wide range of applications, like sealing doors and windows, adhesives for bonding and
attractive parts, and others. The increase in the production volume of automobiles across Asia-Pacific is
likely to drive the demand for vinyl acetate during the forecast period. The increase in maintenance and
repair work is likely to further boost the market growth.
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segmented-by-application-end-user-industry-and-geography-growth-trends-and-forecasts-2018-
2023/inquiry
Polyvinyl Acetate the Leading Application
In 2017, the polyvinyl acetate (PVA) application accounted for the highest share of the vinyl acetate
market, closely followed by polyvinyl alcohol. The polyvinyl acetate application is expected to witness a
growth in the coming years, due to the rise of its demand in the plastic bottling and packaging industry.
The use of PVA as additives in the cement construction is likely to boost the market growth. The
ethylene vinyl acetate (EVA) application is expected to grow rapidly, owing to the use of ethylene vinyl
acetate in the 3D printed medical drug delivery devices.
ASEAN Countries Expected to Drive the Market
Asia-Pacific accounted for the highest market share (50%) for vinyl acetate consumption. Increasing
expenditure on construction and rise in automotive production are likely to drive the market demand in
the region, over the coming years. Production capacity is also expected to increase in China. In ASEAN
countries, the consumption rate is expected to witness a significant growth, with a growth in demand
from large bases, like Singapore and Thailand. Europe is a mature market for vinyl acetate, which is
expected to witness a sluggish growth rate during the forecast period.
Notable Developments
In Sep 2017, INEOS built a new vinyl acetate monomer plant, with a capacity of about 300,000 metric
ton per year in Europe.
Major Players: Celanese Corporation, DowDuPont, Kuraray Corporation Ltd., Sipchem, and
Lyondellbasell Industries NV, amongst others.
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vinyl-acetate-market-segmented-by-application-end-user-industry-and-geography-growth-trends-
and-forecasts-2018-2023
Reason to Purchase this Report
To understand the impact of various application on the market
Various perspectives of the market with the help of Porters five forces analysis