Published by Jessica Weisman-Pitts
Posted on February 25, 2025
Vinyl Acetate Monomer Market Growth Driven by Construction, Packaging, and Adhesive Demand.
According to calculations, the global vinyl acetate monomer market is expected to reach US$ 9.08 billion in 2024 and grow at a compound annual growth rate (CAGR) of 4.7% between 2024 and 2034. Vinyl acetate monomers are essential components of resins and polymers used in shale gas exploration and the construction sector.
Vinyl acetate monomers are in high demand for adhesive applications due to the global expansion of the building industry. Additionally, more people are consuming packaged foods, which is driving up the use of efficient packaging alternatives that make extensive use of vinyl acetate monomers. Additionally, the demand for vinyl acetate monomers is expected to be strengthened by rising spending on home remodelling and redecoration due to customers' ever-evolving tastes and lifestyles.
The fast-paced population of working people is changing people's eating habits, which is fuelling the food service industry's expansion and, in turn, driving up demand for vinyl acetate monomer.
For More Insights into the Market, Request a Sample of this Report:https://www.factmr.com/connectus/sample?flag=S&rep_id=7656Key Takeaway from Market Study:
According to a Fact.MR analyst, "the growing consumption of vinyl acetate monomers in these end-use industries is primarily due to an increase in shale gas exploration and an increase in construction projects."
Key Players:
Country-specific Perspectives:According to a report published by market research and competitive intelligence firm Fact.MR, East Asia is expected to hold a 24.6% revenue share of the global market by the end of 2034. Because the infrastructure industry is increasing its demand for paints, varnishes, and adhesives, vinyl acetate monomers are selling well in the region. Furthermore, the region's growing need for food product packaging adhesives is broadening the spectrum of uses for vinyl acetate monomers.Get Customization on this Report for Specific Research Solutions:https://www.factmr.com/connectus/sample?flag=S&rep_id=7656Why is vinyl acetate monomers becoming more and more in demand in the United States?The United States is predicted to have 73.5% of the North American market by the end of 2034. It is anticipated that the adhesive properties of vinyl acetate monomers would increase demand for them in the construction industry. Due to the growing need for adhesives in the construction industry, vinyl acetate monomers are selling well.Vinyl acetate monomers are becoming more and more in demand as a result of the country's growing preference for online shopping and the resulting requirement for packaging solutions.Why Is China the Market Leader in East Asia?China is expected to hold 57.3% of the East Asian market share by the end of 2034. Polyvinyl alcohol is a typical nonionic water-based polymer that functions effectively in water-based cosmetics and personal hygiene products. Additionally, it is projected that the growth of the packaging sector will raise demand for polyvinyl alcohol, which will ultimately lead to vinyl acetate monomer sales.East Asia's favourable regulatory environmentBy the end of 2034, vinyl acetate monomer sales in East Asia are expected to reach US$ 3.53 billion, growing at a 3.4% CAGR. Vinyl acetate monomers are expected to become more widely used in East Asia as a result of a favourable regulatory environment. The need for vinyl acetate monomers in the area is also being driven by the existence of numerous end-use sectors, such as electronics, cosmetics & toiletries, packaging products, etc.
Segmentation of Vinyl Acetate Monomer Market Research
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