Global Demand for Vinyl Acetate Monomers Is Anticipated To Reach US$ 13.9 Billion By 2032

According to Fact.MR, a market research and competitive intelligence provider, the global vinyl acetate monomers market is valued at US$ 8.8 billion and is expected to expand at a CAGR of 4.7% through 2032. The market is expected to grow at a healthy pace owing to the increasing use of vinyl acetate monomers in the construction industry.

Vinyl acetate monomers are key ingredients used in the manufacturing of intermediates, resins, and emulsion polymers, which are widely used in paints and coatings. Rising demand for paints and coatings across the world has been the prime factor for the growth of the vinyl acetate monomers market.

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Setting up a manufacturing plant in a high-growth market such as India can create lucrative opportunities for manufacturers, where demand for applications such as paints & coatings, construction materials, and adhesives & sealants is increasing from end-use industries such as construction and packaging. Also, manufacturing plants in such areas can help reduce product prices and increase product margins.

Why is Demand for Polyvinyl Acetate Rapidly Increasing?

Vinyl acetate monomers are used in applications such as polyvinyl alcohol, polyvinyl acetate-ethylene vinyl alcohol, ethylene vinyl acetate, etc. These find several uses in end-use industries such as construction, packaging, textiles, and cosmetics. Out of these applications, polyvinyl acetate monomers hold the highest market share in the global vinyl acetate monomers market.

Polyvinyl acetate has high chemical thermal stability and low cost, which makes it suitable for use in the construction, paper, and packaging industries. Polyvinyl acetate has resistance to attack by microorganisms. Because of this property polyvinyl acetate has replaced natural adhesives made from hide and casein.

The polyvinyl acetate segment is predicted to expand at 4.7% CAGR over the 2022-2032 study period.

Key Segments Covered in the Vinyl Acetate Monomers Industry Survey

• By Purity :
  • 99% & Above