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Global Vinyl Acetate Monomer (VAM) Market is Expected to Reach USD 9.26 Billion in 2020: Transparency Market Research
|By PR Newswire
|August 25, 2014 10:30 AM EDT
ALBANY, New York, August 25, 2014 /PRNewswire/ --
Transparency Market Research has published a new report titled "Vinyl Acetate Monomer (VAM) Market for Polyvinyl Acetate, Polyvinyl Alcohol, Ethylene-Vinyl Acetate, Ethylene-Vinyl Alcohol and Other Applications - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2014 - 2020" According to the report, global market for vinyl acetate monomer was valued at USD 6.82 billion in 2013 and is anticipated to reach USD 9.26 billion in 2020, expanding at a CAGR of 4.5% between 2014 and 2020.
The market for vinyl acetate monomer (VAM) is driven by high demand for adhesives from end-user industries such as construction, automotives and furniture. Moreover, the global vinyl acetate monomer market is driven by increasing demand for VAM copolymers from paints and coatings industry. Vinyl acetate monomer (VAM) is one of the key polymers used in manufacture of adhesives and emulsions. Increasing demand for ethylene-vinyl acetate and ethylene-vinyl alcohol from solar PV cells and the food packaging industry respectively are likely to provide better opportunities for the vinyl acetate monomer (VAM) market over the forecast period. However, highly volatility of raw material prices, limited technology and over production in the market is anticipated to hinder the growth of the market in near future.
Browse the full Vinyl Acetate Monomer (VAM) Market Report at http://www.transparencymarketresearch.com/vinyl-acetate-monomer-market.html
Application segments such as polyvinyl acetate (PVA/PVAc) and polyvinyl alcohol (PVOH) exhibited the highest demand for vinyl acetate monomer (VAM) in 2013. Both polyvinyl acetate and polyvinyl alcohol are commonly used in the production of adhesives, paints and coatings and also in the paper industry. Ethylene-vinyl acetate demand accounted for around 7% in the vinyl acetate monomer market in 2013. The demand for ethylene-vinyl acetate is likely to grow in the near future owing to demand from the packaging and energy industry segments. Ethylene-vinyl acetate, which is required in manufacturing of food packaging films, is estimated to be the fastest growing application in the vinyl acetate monomer market in the next few years.
With over 40% share in total demand, Asia Pacific dominated the demand for vinyl acetate monomer in 2013. The region is projected to demonstrate latent growth for the vinyl acetate monomer (VAM) market during the forecast period. In terms of market share, Asia Pacific was followed by Europe and North America, both of which are projected to exhibit relatively slower growth numbers for the vinyl acetate monomer market during the forecast period. The demand for vinyl acetate monomer is increasing slightly in North America region due to an increasing demand from the adhesives and packaging industries. Rest of the World is anticipated to witness stable demand for vinyl acetate monomer between 2014 and 2020.
Related & Recently Published Reports by Transparency Market Research
The report provides a comprehensive view of the vinyl acetate monomer market in terms of volume and revenue. Additionally, the report includes current demand analysis and forecast for applications in North America, Europe, Asia Pacific and Rest of the World. The report comprises the following segments:
Vinyl Acetate Monomer (VAM) Market - Application Analysis
Polyvinyl acetate (PVA/PVAc)
Polyvinyl alcohol (PVOH)
Ethylene-vinyl acetate (EVA)
Ethylene-vinyl acetate (EVOH)
Others (Including vinyl acetate ethylene, etc.)
Vinyl Acetate Monomer (VAM) Market - Regional Analysis
Rest of the World
Browse All Chemical & Materials Market Research Reports @ http://www.transparencymarketresearch.com/chemical-market-reports-2.html
Transparency Market Research (TMR) is a market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. TMR's experienced team of Analysts, Researchers, and Consultants, use proprietary data sources and various tools and techniques to gather and analyze information.
Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.
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