Vinyl Acetate Monomer Market 2021 Size, Growth, Trends and Global Segments Analysis Report 2030

In a recent published report, Kenneth Research has updated the market report for Vinyl Acetate Monomer Market for 2021 till 2030. Report further now discusses; the various strategies to be adopted or being adopted by the business players across the globe at various levels in the value chain. In the view of the global economic slowdown, we further estimated that China, India, Japan and South Korea to recover fastest amongst all the countries in the Asian market. Germany, France, Italy, Spain to take the worst hit and this hit is expected to be regain 25% by the end of 2021- Positive Growth in the economic demand and supply.

U.S. Market recovers fast; In a release on May 4th 2021, the U.S. Bureau and Economic Analsysis and U.S. Census Bureau mentions the recovery in the U.S. International trade in March 2021. Exports in the country reached $200 billion, up by $12.4  billion in Feb 2021. Following the continuous incremental trend, imports tallied at $274.5 billion, picked up by $16.4 billion in Feb 2021. However, as COVID19 still haunts the economies across the globe, year-over-year (y-o-y) avergae exports in the U.S. declined by $7.0 billion from March 2020 till March 2021 whilest imports increased by $20.7 billion during the same time. This definitely shows how the market is trying to recover back and this will have a direct impact on the Healthcare/ICT/Chemical industries, creating a huge demand for Vinyl Acetate Monomer Market products.

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The Vinyl Acetate Monomer Market is expected to grow at a significant CAGR during the forecast period. Increasing demand for commercial and personal electric vehicles around the globe is anticipated to drive the growth of the MARKET over the forecast period. According to the statistics by the International Environmental Agency (IEA), the global stock of electric passenger cars passed 5 million in the year 2018, which was an increase by 63% from the year 2017.

“Final Report will add the analysis of the impact of COVID-19 on this industry.”

A report on Vinyl Acetate Monomer Market has recently been added into the market research report database of Kenneth Research, which provides a full assessment to its readers on the growth prospects of the market, along with the potential business opportunities in the industry. The study, which focuses on the latest trends, business dynamics, growth opportunities and drivers that are influencing the market growth, also includes the market size and the compounded average growth rate (CAGR) for the forecast period 2021 and 2025. The report on Vinyl Acetate Monomer Market also includes comprehensive analysis on both the macro- and micro-environmental factors that may influence the market growth during the forecast period. Additionally, analytical tools such as PESTEL analysis and Porter’s five forces analysis are used to calculate and compile the factors that are acting as the driving force for the growth of the market.

Global Vinyl Acetate Monomer Market was valued at USD 8.44 Billion in the year 2018. Global Vinyl Acetate Monomer Market is further estimated to grow at a CAGR of 4.5% from 2019 to reach USD 10.86 Billion by the year 2025. In the Global Vinyl Acetate Monomer Market, by region Asia Pacific region holds the highest Market share in 2018 and is also Market is considered as the fastest growing Market in the forecasted period owing to their Market demands. At a country level, China and India in Asia-Pacific are projected to grow strongly in the coming years.

The segmentation is done on the basis of application, end users and by region. On the basis of application, the polyvinyl acetate segment is expected to hold the highest Market share during the forecast period.

The segmentation is done on the basis of end-user Market, the construction segment is expected to grow at a significant rate during the forecast period. Growing industrialization in the developing countries such as India and China has attributed to the development of the construction sector in the APAC region.

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Major market players in Vinyl Acetate Monomer Market are Wacker Chemie, KURARAY CO. LTD., The Dow Chemical Company, Sipchem, Ineospec Inc., Sinopec Group, LyondellBasell, Exxon Mobil Corporation, Arkema, NINGXIA YINGLITE CHEMICAL CO. LTD, and other 9 more companies information is provided in the report.

SWOT analysis of Vinyl Acetate Monomer Market
Strength:

Infrastructural developments in developing countries
Increase in the consumption of packaged foods which leads to the demand for vinyl acetate monomer in packaging

Weakness:
Strict government norms and regulations

Opportunities:
Investments in the paint Market in which polyvinyl alcohol is used heavily

Threats:
Health issues due to inhalation of vinyl acetate monomer

Vinyl Acetate Monomer Market Segmentation:
Vinyl Acetate Monomer Market Overview, By Application

*Ethylene-Vinyl Acetate
*Polyvinyl Acetate
*Vinyl Acetate-Ethylene
*Ethylene-Vinyl Alcohol
*Polyvinyl Alcohol
*Others

Vinyl Acetate Monomer Market Overview, By End User Market
*Construction
*Packaging
*Textile
*Cosmetic
*Others

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Vinyl Acetate Monomer Market Overview, By Region
North America
*USA
*Canada
Europe
*Germany
*U.K.
*France
*Italy
*Rest of Europe
APAC
*China
*India
*Japan
*Rest of Asia-Pacific
RoW
*Latin America
*Middle East & Africa

About Kenneth Research

Kenneth Research is a reselling agency providing market research solutions in different verticals such as Automotive and Transportation, Chemicals and Materials, Healthcare, Food & Beverage and Consumer Packaged Goods, Semiconductors, Electronics & ICT, Packaging, and Others. Our portfolio includes set of market research insights such as market sizing and market forecasting, market share analysis and key positioning of the players (manufacturers, deals and distributors, etc), understanding the competitive landscape and their business at a ground level and many more. Our research experts deliver the offerings efficiently and effectively within a stipulated time. The market study provided by Kenneth Research helps the Industry veterans/investors to think and to act wisely in their overall strategy formulation

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