Vinyl Acetate Monomer (vam) Market Expanding A CAGR Of 4.5% Between 2014 And 2020.
Global Vinyl Acetate Monomer (VAM) Market: Snapshot
Owing to the increasing requirement for ethylene-vinyl acetate in both energy industry and packaging segments, the market for vinyl acetate monomer (VAM) is high in demand. VAM is one of the important polymers that is used for the manufacturing of emulsions and adhesives. Coating and Paints industry demand for VAM and this increases the requirement in the global market. There is also an increase in demand for ethylene-vinyl alcohol and ethylene-vinyl acetate from the food packaging and solar PV cells industries which is likely to boost the growth of the VAM market over the forecast period.
There may be a few factors that may restrain the market for VAM. Due to over production, limited technology, and high volatility of raw material process in the market, the growth of vinyl acetate monomer may face challenges in the years to come. However, the growing requirement for adhesives and paints for construction and furniture making is likely to boost the growth of the vinyl acetate monomer market.
The global vinyl acetate monomer market is presumed to be worth a US$9.26 bn by the end of 2019. It is also expected to showcase a vigorous CAGR in the forecast period.
Read Report Overview @ https://www.transparencymarketresearch.com/vinyl-acetate-monomer-market.html
Ethylene-Vinyl Alcohol Generating More Revenue Owing to Food Packaging Industry
Based on segmentation by application, the important classifications of vinyl acetate monomer market are Ethylene-vinyl alcohol (EVOH), Polyvinyl alcohol (PVOH), Ethylene-vinyl acetate (EVA), and Polyvinyl acetate (PVAc). Out of these, the requirement of Ethylene-vinyl alcohol (EVOH) is anticipated to witness a remarkable growth in food packaging. This adds to an unprecedented growth in the food and beverage industry and is likely to showcase greater opportunities in the years to come.
Apart from EVOH, Ethylene-vinyl acetate (EVA) is used in photovoltaic cells as a film. Solar panels are employed by typical photovoltaic systems, generating electrical power. Solar energy being an important source also rises in applications globally and this is also predicted to stimulate the rise in market.
With further applications in textile and packaging industries, PVOH is used for producing films and resins and PVA for the production of copolymer in adhesive industry. Vinyl acetate monomer market is estimated to hold its market revenue to 7% CAGR. polyvinyl acetate and polyvinyl alcohol are also used in the paper industry along with paint and adhesive industries.
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The global vinyl acetate monomer market is studied on the basis of key geographies North America, Asia Pacific, Europe and the Rest of the World. Due to briskly emerging economies, countries like China, India and Japan are contributing significantly to the economy. Asia Pacific is likely to hold roughly half of the total market share in the past years and is estimated to continue this same trend on account of the expanding industrial growth in the region. Europe is also anticipated to become a remarkable importer as of vinyl acetate monomer.
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Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend 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.
TMR’s data repository is continuously updated and revised by a team of research experts so that it always reflects the latest trends and information. With extensive research and analysis capabilities, Transparency Market Research employs rigorous primary and secondary research techniques to develop distinctive data sets and research material for business reports.
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Suite 700,
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Owing to the increasing requirement for ethylene-vinyl acetate in both energy industry and packaging segments, the market for vinyl acetate monomer (VAM) is high in demand. VAM is one of the important polymers that is used for the manufacturing of emulsions and adhesives. Coating and Paints industry demand for VAM and this increases the requirement in the global market. There is also an increase in demand for ethylene-vinyl alcohol and ethylene-vinyl acetate from the food packaging and solar PV cells industries which is likely to boost the growth of the VAM market over the forecast period.
There may be a few factors that may restrain the market for VAM. Due to over production, limited technology, and high volatility of raw material process in the market, the growth of vinyl acetate monomer may face challenges in the years to come. However, the growing requirement for adhesives and paints for construction and furniture making is likely to boost the growth of the vinyl acetate monomer market.
The global vinyl acetate monomer market is presumed to be worth a US$9.26 bn by the end of 2019. It is also expected to showcase a vigorous CAGR in the forecast period.
Read Report Overview @ https://www.transparencymarketresearch.com/vinyl-acetate-monomer-market.html
Ethylene-Vinyl Alcohol Generating More Revenue Owing to Food Packaging Industry
Based on segmentation by application, the important classifications of vinyl acetate monomer market are Ethylene-vinyl alcohol (EVOH), Polyvinyl alcohol (PVOH), Ethylene-vinyl acetate (EVA), and Polyvinyl acetate (PVAc). Out of these, the requirement of Ethylene-vinyl alcohol (EVOH) is anticipated to witness a remarkable growth in food packaging. This adds to an unprecedented growth in the food and beverage industry and is likely to showcase greater opportunities in the years to come.
Apart from EVOH, Ethylene-vinyl acetate (EVA) is used in photovoltaic cells as a film. Solar panels are employed by typical photovoltaic systems, generating electrical power. Solar energy being an important source also rises in applications globally and this is also predicted to stimulate the rise in market.
With further applications in textile and packaging industries, PVOH is used for producing films and resins and PVA for the production of copolymer in adhesive industry. Vinyl acetate monomer market is estimated to hold its market revenue to 7% CAGR. polyvinyl acetate and polyvinyl alcohol are also used in the paper industry along with paint and adhesive industries.
Request To Brochure Report: @ https://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=2962
The global vinyl acetate monomer market is studied on the basis of key geographies North America, Asia Pacific, Europe and the Rest of the World. Due to briskly emerging economies, countries like China, India and Japan are contributing significantly to the economy. Asia Pacific is likely to hold roughly half of the total market share in the past years and is estimated to continue this same trend on account of the expanding industrial growth in the region. Europe is also anticipated to become a remarkable importer as of vinyl acetate monomer.
About Us
Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend 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.
TMR’s data repository is continuously updated and revised by a team of research experts so that it always reflects the latest trends and information. With extensive research and analysis capabilities, Transparency Market Research employs rigorous primary and secondary research techniques to develop distinctive data sets and research material for business reports.
Contact
Transparency Market Research
State Tower,
90 State Street,
Suite 700,
Albany NY - 12207
United States
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com
Website: http://www.transparencymarketresearch.com