Insight by Abdul Wasay, Chief Operating Officer at The Business Research Company
In response to fluctuating tariffs and geopolitical trade developments, the Vinyl Acetate Monomer Market Outlook 2025 analyses how businesses are adapting through supply chain diversification and strategic sourcing.
What Are the Expected Market Growth Rates for the Vinyl Acetate Monomer Market?
The market size for Vinyl Acetate Monomer has been experiencing steady growth. The market value stood at $9.6 billion in 2024 and is projected to reach $9.91 billion in 2025, with a compound annual growth rate (CAGR) of 3.2%.
What Are the Expected Market Growth Trends for the Vinyl Acetate Monomer Market Through 2029?
The Vinyl Acetate Monomer market is forecasted to reach a value of $12.47 billion in 2029, growing at a compound annual growth rate (CAGR) of 5.9%.
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What Are the Key Business Drivers in the Vinyl Acetate Monomer Market Landscape?
The key Drivers in the vinyl acetate monomer market are:
• The expansion of the construction industry
• Use of vinyl acetate monomer in the creation of adhesives and coatings
• The versatility of vinyl acetate monomer within construction applications
• Rising spending in the construction industry.
How Is the Vinyl Acetate Monomer Market Divided Across Key Categories?
The vinyl acetate monomermarket covered in this report is segmented –
1) By Application: Polyvinyl Alcohol (PVOH), Polyvinyl Acetate (PVA), Ethylene-Vinyl Acetate (EVA), Vinyl Acetate Ethylene (VAE), Ethylene-Vinyl Alcohol (EVOH), Other Applications
2) By End-User: Packaging, Construction, Textile, Cosmetics, Other End-User Industries
3) By Sales Channel: Direct Sale, Indirect Sale
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What Are the Ongoing Trends in the Vinyl Acetate Monomer Market?
The key trends in the vinyl acetate monomer market are:
• The trend of installing new plants is gaining popularity in the Vinyl Acetate Monomer market.
• Major companies are investing in the development of Vinyl Acetate Monomer products and materials.
• There is a trend of companies setting up manufacturing facilities with high production capacity for Vinyl Acetate Monomer.
• There is an emerging trend of establishing joint ventures to invest and expand in the market.
Which Companies are Expanding in the Vinyl Acetate Monomer Industry?
The key players in the vinyl acetate monomer market are:
• The Dow Chemical Company
• Wacker Chemie AG
• Kuraray Co. Ltd.
• Sinopec Corp.
• LyondellBasell Industries N.V.
• Japan Vam And Poval Co. Ltd.
• Saudi International Petrochemical Company
• Dairen Chemical Corporation
• Solventis Ltd.
• DuPont de Nemours Inc.
• Chang Chun Group
• Innospec Inc.
• Exxon Mobil Corporation
• Arkema S.A.
• Lotte BP Chemical Co. Ltd.
• LANXESS AG
• Celanese Corporation
• China Petrochemical Corporation
• Braskem SA
• Borealis AG
• Mitsui Chemicals Inc.
• Sumitomo Chemical Co. Ltd.
• Hanwha Chemical Corp.
• Versalis S.p.A.
• LG Chem Ltd.
• Formosa Plastics Corporation
• BASF SE
• Tosoh Corporation
• UBE Industries Ltd.
• Reliance Industries Limited
Which is the Largest Region the Global Vinyl Acetate Monomer Market?
Asia-Pacific was the largest region in the vinyl acetate monomer market in 2024
