(MENAFN- America News Hour) 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.
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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.
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
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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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