Vinyl Acetate Monomer Market research report by 2017 to 2024

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Vinyl Acetate Monomer Market research report by
2017 to 2024 Global Market Insights, Inc.
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• Global Market Scenario of Chemical Industry

• Vinyl Acetate Monomer Market to surpass USD 10
  billion by 2024 according to a new research
  report by Global Market Insights, Inc.
• Vinyl acetate is an intermediary used for
  producing polymers and copolymers which are used
  in paints, paper coatings, adhesives, etc. It
  occurs as a clear and colorless liquid. This
  intermediary composite is majorly used for
  producing polyvinyl acetate and polyvinyl
  alcohol. Polyvinyl acetate has improved bonding
  property which find application in industrial and
  paper coatings whereas polyvinyl alcohol is
  significantly used in textiles, photosensitive
  coatings, packaging, etc.
• Packaging application is led by increasing
  consumption of processed food products. Due to
  shift in eating habitats and rise in numbers of
  working population globally which is subsequently
  surging the demand for fast food and packaged
  food products. Accelerating the need for
  protective and eco-friendly packaging.  Moreover,
  several fast food restaurants and take away
  outlets are witnessing substantial growth in
  recent years which is propelling the need for
  different varieties of packaging material.

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• Building and infrastructure industry is rising
  exponentially to established better facilities.
  Ongoing trend of industrialization and
  urbanization is stimulating the demand for better
  roads, railways, ports and water utilities in
  developing economies.
• Moreover, growth in retail industry had dictated
  the requirement for better logistic system,
  warehousing facilities and stores which is
  favoring the building and infrastructure
  industry.
• Hence, building and infrastructure industry is
  anticipated to grow over the years which in turn
  will generate higher returns for vinyl acetate
  monomer market.

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• 360 Industry Analysis

• Polyvinyl alcohol is synthetic hydrophillic
  polymer. Its propertise depends on the degree of
  polymerization such as ratio of two monomers. It
  has significant application in construction
  sector as a fiber reinforcement for cement based
  composite material and aggregate surface
  pre-treatment agent. The polyvinyl alcohol
  application demand is growing at a phenomenal
  pace owing to its application in building and
  infrastructure industry.
• Cosmetic application is growing moderately over
  the years with growing usage of polyvinyl acetate
  as binder and stabilizer in eye make-up products
  like mascara and eyliners. Moreover application
  of vinyl acetate in textile sector is growing
  remarkably with ongoing fashion trends and
  consumer inclination toward self grooming
  maintaining practices are instrumental in driving
  the segments over the estimated timeframe.

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• Regional Analysis

• Middle East Africa is second largest market for
  vinyl acetate monomer. High demand for vinyl
  acetate in building and infrastructure industry
  is compelling serveral manufacturers to increase
  their production capacity.
• For instance Sipchem had opened new plant in
  Jubail, Saudi Arabia to produce ethylene vinyl
  acetate for meeting the demand of suppliers.
  Ethylene vinyl acetate have inclusive
  applications in various end user industries such
  as textile, construction etc. as it used in
  manufacturing adhesives, coatings, paints etc.

• Competitive Analysis

• The prominent market players are Exxon Mobil
  Corporation, Dow Chemical, Ineospec Inc, Celanese
  Corporation, Sipchem, Wacker Chemie, NINGXIA
  YINGLITE CHEMICAL, KURARAY CO., LTD.,
  LyondellBasell, Arkema and Sinopec Group among
  others. Most of the companies in this market are
  ensuing similar strategies like expanding their
  production capacity and increasing their products
  prices to explore greater opportunities and gain
  competitive advantage.

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Latest Research Report On Vinyl Acetate Monomer
(VAM) Market _at_ https//www.gminsights.com/indust
ry-analysis/vinyl-acetate-monomer-vam-market
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