Vinyl Acetate Monomer Market Outlook, End Users Analysis and Share by Type to 2020

24th May 2019: The Global Vinyl Acetate Monomer (VAM) Market is anticipated to reach USD 9.86 billion by 2020. Global vinyl acetate monomer market demand is expected to witness significant growth on account of its widening application base in solar power sector. Key factors expected to drive global industry include high demand from packaging, solar energy and footwear industries.  Vinyl acetate (VA) is monomers derived from ethylene and acetic acid. Their usage in the formation of copolymers results in products which have softness similar to rubber and high flexibility. They are known to be good elastomers having both viscosity and elasticity. The product as wide industrial applications and compete with rubber and vinyl products. Extensive VA use in the field of packaging and energy sector drives the global demand over the forecast period.

Films made up of this organic compound find wide applications in meat, poultry and sea food products packaging. These films offer stronger and thinner packaging which results in keeping food products fresh by eradicating puncture and package failures and therefore helps in increasing customer satisfaction levels. Polymeric sheets made up of vinyl acetate are used for encapsulation of solar cells. It is one of the major steps in fabrication of photovoltaic modules which makes the market for vinyl acetate highly lucrative.

Get a Sample Copy of This Report @ https://www.millioninsights.com/industry-reports/vinyl-acetate-monomer-vam-market/request-sample

Developments in solar energy sector are expected to further drive vinyl acetate demand over the forecast period. Solar power is a clean source of energy and is being highly implemented in developed countries including US, UK and France. Emerging economies have also realized its use and have started setting up solar panels to meet ever growing demand for energy. Such initiatives to increase renewable energy use are expected to positively impact overall industry demand in the future. Other applications include footwear industry where the need to provide comfort and safety to the consumers drives the usage. These monomers provide toughness and are crack resistance. They are majorly used as shock absorbers in footwear products. Vinyl acetate resins meet the electrical appliances need on account of their high heat resistance and stress cracking, therefore making them favorites for wire and cable insulation. Low cost substitute’s availability which includes rubber and plastic are expected to provide stiff competition over the foreseeable future.

Manufacturers are expected to focus on continuous product development through research and innovation. New polyvinyl acetates in near future are expected to hamper the growth over the forecast period. Manufacturers are expected to observe huge opportunities in North America and Asia on account of ever-growing packaged food industry. Companies indulged in other poly vinyl acetates business have better scope of entering into the market on account of well-established marketing channels and manufacturing setup.  The copolymers formed with the help of vinyl acetate should be handled with care during the manufacturing process on account of its flammability and volatility. Vinyl acetate vapors are heavier than air and particles tend to travel some distance before settling in low areas. Therefore, stringent practices are observed in its manufacturing to prevent environmental hazards.

Industries are capital intensive for establishing closed and controlled processes. Workers handling VA need to be trained on safety measures mentioned in material safety data sheet. All wastes should be disposed in compliance with the federal, EU or local governing rules and regulations. Vinyl Acetate is not generally sold in consumer market but are a part of consumer applications. They are traded in business markets. There lies an opportunity for the manufacturers to establish proper sales channel to cater to untapped customers.  Maintaining supplier buyer relation plays a major role in developing prolonged sales and efficient inventory management. Proper care should be taken during transportation resulting in need of proper containers and storage facilities. Vinyl acetate council is a non-profit body representing vinyl acetate monomer manufacturers in North America. It provides guidelines for safe and environmental friendly manufacturing processes. It monitors and participates in government proceedings for continued use with safety measures. Similarly, European chemistry industrial council is a governing body looking after vinyl acetate manufacturing functions.

Browse Full Research Report @ https://www.millioninsights.com/industry-reports/vinyl-acetate-monomer-vam-market

The VA monomer is segmented on the basis of application usage which includes food packaging, energy sector, footwear and electrical cabling. Asia Pacific is the largest market in terms of demand on account of high usage in food packaging. Emerging economies including India and China are focusing on clean energy which should lead to an increase in demand in these regions. Regional demand is followed by North America and Europe on account of advanced solar energy sectors. Lack of suitable power infrastructure in South America and Africa are expected to show a slow growth in this region.  Key players in the market are Dow Chemical Company, LyondellBasell Industries, ExxonMobil Corp and E.I. du Pont de Nemours. Companies focus on promoting vinyl acetate for multiple uses across industries and look out for new applications. Therefore, apart from the conventional use, this organic compound has found applications in healthcare, agriculture and construction.

Market Segment:

Global Vinyl Acetate Monomer (VAM) Application Outlook (Volume, Kilo Tons; Revenue, USD Million, 2012 - 2020)

  • Polyvinyl Acetate
  • Polyvinyl Alcohol
  • Ethylene Vinyl Acetate
  • Ethylene Vinyl Alcohol
  • Others

Global Vinyl Acetate Monomer (VAM) Regional Outlook (Volume, Kilo Tons; Revenue, USD Million, 2012 - 2020)

  • North America
  • Europe
  • Asia Pacific
  • RoW

See More Reports @ https://marketnewtrends.wordpress.com

Comments

Post a Comment

Popular posts from this blog

Regenerative Artificial Skin Market Demand, Profit, Price and Manufacturing Cost Analysis Up to 2022

Image
Imitation skin is a support that encourages renewal of skin in animals like humans. The terminology was utilized to define an innovative action for substantial injuries. It was then revealed that action of deep skin injuries in matured creatures and humans with this support persuades restoration of the dermis. It has been established commercially, and is used in immensely scorched patients, in surgical procedure of the skin, and in cure of long-lasting skin injuries. The word “artificial skin” is used from time to time to refer to skin-like matter developed in a laboratory, though this expertise is still slightly away from the actuality, feasible for usage in the remedial arena. “Artificial skin” can furthermore talk about elastic semiconductor materials that are able to sense touch for those with artificial members. Skin is the major tissue in the body. Likewise, it is amongst of the greatest important body parts. Skin acts as an obstacle among outside atmosphere and inside
Read more

WIRE STRIPPING MARKET PRODUCTION, PRICE AND REVENUE PROFESSIONAL SURVEY REPORT UP TO 2022

Image
Global Wire Stripping Machine Market is segmented on the basis of product type, application, and geography. Wire stripping machine removes the insulation from coaxial cables, electrical wires, and related types of wiring. This machine is an industrial version used for heavy duty covering tasks. In the market, both - automatic and manual types of wire stripping machines are available. Also, various types of wire stripping methods are available such as cutting, thermal, abrasive, mechanical, laser, and chemical. Browse Full Research Report @ https://www.millioninsights.com/industry-reports/wire-stripping-machine-market A manual wire stripper usually consists of a pair of scissors or wire cutter like device that has two opposing blades with a series of different sized notches while an automatic wire stripper grips and strips the wire in a single motion. Automatic wire stripper is faster than manual wire stripper and suitable for people who require tools capable of facilitating
Read more

Vacuum Gas Oil Market Research Reports, Size, Share and trends up to 2022

Image
Global Vacuum Gas Oil Market is expected to grow at a significant CAGR in the upcoming years as the scope and its applications are rising enormously across the globe. Vacuum gas oil is abbreviated as VGO and is also known as cat feed that is a feedstock for fluid catalytic crackers used to make gasoil, gasoline, and other products. Vacuum gas oil is a viscous form of oil gas, produced by vacuum distillation unit in the refinery plant. A black semi-solid fluid smell like an asphalt. The gas oil LVGO and HVGO are the two important forms of vacuum gas oil. HVGO is an intermediate product produced in the vacuum distillation unit, which is then processed to produce gas oil or gasoline in the FCC unit or hydrocracker unit. Browse Full Research Report @ https://www.millioninsights.com/industry-reports/vacuum-gas-oil-market Vacuum Gas Oil Market is segmented based on product types, applications, and region. Product types such as Light Vacuum Gas Oil (LVGO), Heavy Vacuum Gas Oil (HVGO),
Read more