Title: Vinyl Acetate Ethylene Copolymer (VAE) Powder Market analysis research and trends report for 2019 - 2025
1Vinyl Acetate Ethylene Copolymer (VAE) Powder
Market Growth Outlook with Industry Review and
Forecast 2019-2025
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2 Global Market Scenario of Vinyl Acetate Ethylene
Copolymer (VAE) Powder Industry
- Vinyl acetate ethylene copolymer (VAE) powder
market size will experience considerable growth
in Asia Pacific owing to its rising demand from
construction industry in the forecast timeframe.
Vinyl acetate ethylene powders are produced from
copolymerization of vinyl acetate and ethylene,
where the vinyl acetate is a major content
falling in the range of 60 and 95 and the
ethylene content in the range of 5 and 40 of
the total formulation. - VAEs are often confused with ethylene vinyl
acetate (EVA) copolymers, where the vinyl acetate
is in minor quantity (10-40). VAEs are white
free-flowing powders and readily dispersible in
water to form stable emulsion. - The construction industry will predominantly
drive the global demand for vinyl acetate
ethylene copolymer (VAE) powder market size in
the coming years. The construction industry is
likely to grow significantly in Asia Pacific,
over the forecast timeframe. This is due to swift
industrialization and in turn, successive
urbanization in the region. - The U.N estimated that over 50 of Asia Pacifics
4.5 billion residents will live in cities by
2026. Coupled with these factors, the rising
urban and migrant population will govern the
residential building construction demand, which
in turn will drive the overall VAEs demand in the
coming years. - The end-user segment of vinyl acetate ethylene
copolymer (VAE) powder market includes building
construction, paints and coatings, textiles, and
others.
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3- Regional Trends-
- Asia Pacific will be the prime demand driving
markets for the vinyl acetate ethylene copolymer
(VAE) powder market. The main factors driving the
construction sector development in Asia Pacific
are demographic shifts, urbanization, the growing
prosperity of the middle class and rising
environmental concerns. - For instance, Asian Infrastructure Investment
Bank (AIIB) lending was valued USD 7.5 billion
from 2016 till the end of 2018. It plans to
further lend about USD 4 billion in 2019. It
signifies the continuous construction activity in
the region, simultaneously, propelling the VAE
demand in the coming years.
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5- Competitive Trends
- Vinyl acetate ethylene copolymer (VAE) powder
market is at a nascent stage with a very
fragmented market space and a large number of
small-scale producers scattered over the globe.
Few of the prominent companies functioning in VAE
business are Dow, Celanese Corporation, Wacker
Chemie AG, Air Products, AkzoNobel, Sidley
Chemical Co., Ltd., and Shaanxi Xutai Technology
Co., Ltd.
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