Vinyl Acetate Monomer
Introduction
Vinyl Acetate Monomer (VAM) is a colourless, volatile, flammable liquid used in the homopolymer and copolymer production of polyvinyl acetate, reacting with each other to produce derivatives like ethylene-vinyl alcohol and polyvinyl alcohol. Vinyl acetate monomer is typically produced through the catalytic reaction of acetic acid with acetylene or ethylene. This process involves several steps, including the formation of a vinyl acetate catalyst and subsequent polymerization. Limited processing technologies and high capital costs are entry barriers for producers, and the market thus has limited operating players.
VAM Demand Outlets
VAM is a versatile chemical compound with a wide range of applications:
-
Adhesives and Sealants: VAM is a key ingredient in the formulation of adhesives and sealants, providing excellent bonding properties in industries such as construction, packaging, and automotive.
-
Paints and Coatings: The paints & coatings industry relies on VAM to create high-quality paints, varnishes, and coatings with desirable adhesion and durability properties.
-
Textiles: VAM-based emulsions are used in textile finishing processes to impart water resistance and improve fabric quality.
-
Packaging: VAM-based adhesives play a crucial role in the packaging industry, ensuring the integrity and sealing of various packaging materials.
VAM Supply-Demand Overview
Global VAM capacity crossed 8,600 kilo tons in 2022, with more than 60% residing in Asia Pacific. With no new capacity announcements in Western Europe, the region is expected to continue to remain a net importer of VAM. Key manufacturers operating across the globe include Dow Chemical, Celanese, Dairen Chemical, INEOS, LyondellBasell, Lotte Chemicals, Showa Denko, and Kuraray. Representing a 17% share in the global supply, Celanese is the largest manufacturer, operating its facilities in Germany, USA, China, and Singapore.
For more information on the Vinyl Acetate Monomer (VAM) market, please visit:
https://prismaneconsulting.com/report-details/global-vinyl-acetate-monomer-market-study-2016-2032
Vinyl Acetate Monomer Capacity, By Company – 2022 (Kilo Tons)
Forecast will see major supply additions in China, as the country reduces its import dependency and becomes self-sufficient. A plethora of newer supplies in China have forced producers in Western Europe and North America to either trim run rates or adjust capacity. INEOS shut its VAM plant in UK, while Celanese announced the shutdown of its VAM facility in Spain, owing to competitiveness.
Global vinyl acetate monomer market size was estimated at 7,200 kilo tons in 2022, with a projected compound annual growth rate (CAGR) of 3.5% over the next ten years. Rising demand for VAM in automotive and construction sectors will drive the market during the forecast. Asia Pacific and North America are the leading consumers, collectively responsible for more than three-quarters of the global demand.
To request a sample on the VAM market, please visit: https://prismaneconsulting.com/report_request_sample?_token=txO7HuYUVxLtOUVfr4g1TcX7hfLKQKmyuSoVkCKA&report_id=105
VAM Pricing Dynamics
Vinyl acetate monomer prices have shown resilience in the face of economic fluctuations. The pricing dynamics are influenced by factors such as raw material costs, production techniques, and global demand. In 2022, North American VAM prices stood at USD 2281 per metric ton, while those in Europe were assessed at USD 1954/MT. Meanwhile, Asia Pacific prices hovered at around USD 1470/MT.
To buy the VAM report, please visit: https://prismaneconsulting.com/checkout?_token=txO7HuYUVxLtOUVfr4g1TcX7hfLKQKmyuSoVkCKA&report_id=105&single_user_license=Single
About Prismane Consulting
Prismane Consulting is a unique global consulting and market research firm providing management, economic and technical expertise to improve customer engagement, boost operational efficiency, reduce costs and achieve superior business results. We serve leading businesses in the field of Chemicals, Petrochemicals, Polymers, Materials and Energy. We have been advising clients on their key strategic issues solving their toughest and most critical business problems. We have helped some of the fortune 500 companies develop their strategic plans.
Our team carries out in-depth analysis and studies to assist businesses with unexplored opportunities and growth areas. We have an extensive database of industry knowledge, with efficient team that makes it available to you in a concise and accurate way. We help companies discover hidden potentials by optimizing their market strategies and helping them position their products differently. We help in creating brand awareness along with creating brand differentiation through our marketing and sales consulting program.
For more information visit https://prismaneconsulting.com/ and contact [email protected]
Contact
Tejas Shah
519, Amanora Chambers,
Town Centre Amanora, Magarpatta Road, Pune,India 41102
Call us: +91 20 6727 7711/12
