Market Overview:
Vinyl Acetate
Homopolymers, also known as PVA Homopolymer or PVA, are synthetic polymer and a
member of vinyl ester family. Vinyl Acetate Homopolymer provides a superior
base for heat resistant and faster setting adhesives along with the excellent
water resistance capacity as compared to other polymers. PVA emulsion is one of
the excellent crosslinking
emulsions and is used in designing wood for interior and exterior. It possesses the superior properties such as good adhesion
and high durability, which makes it suitable for various end-use industries
such as wood, paints & coatings, paperboard & packaging, and others.
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Increasing effort for the
use of low VOC coating is expected to drive the growth of the Global Vinyl
Acetate Homopolymer Emulsion Market over the forecast period. Moreover, social
and regulatory intervention promoting the usage of eco-friendly emulsion adding
fuel to the demand for Vinyl Acetate Homopolymer Emulsion. Increasing
investment in the construction industry as well as the expansion of paints
& coatings sector in developing regions are driving the growth of the
market. Additionally, rising consumer awareness regarding harmful impact of
solvent based emulsions is driving the growth of the Global Vinyl Acetate
Homopolymers Market. However, the higher price of Vinyl Acetate Homopolymer
Emulsion as compared to the conventional is expected to hamper the growth of
the market over the forecast period.
The growing use of Vinyl Acetate Homopolymer Emulsion in
wood, paper, matchbox, pencil, and packaging materials is projected to fuel
market growth. Recently, the increasing consumption of polymer based emulsions
has propelled the usage of Vinyl Acetate Homopolymer Emulsion in paints &
coatings industry.
Industry
Segmentation:
The Global Vinyl Acetate
Homopolymer Emulsion Market is segmented on the basis of applications, end use
industries, and regions.
Based on the application,
the market is segmented into coatings, wood glues, adhesives, and others.
On the basis of end use
industries, the market is categorized into wood, textile, paperboard &
packaging, building & construction, paints & coatings, and others.
On the basis of regions,
this market is segmented into Asia Pacific, Europe, Latin America, North
America, and the Middle East & Africa.
Key
Players:
·
Celanese
Corporation
·
Pexi
Chem Private Limited.
·
Tailored
Chemical
·
The
Dow Chemical Company
·
Xyntra
Chemicals B.V.
·
Acquos
·
Wacker
Chemie AG
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Geographical
Analysis:
The
report covers brief analysis of geographical regions such as North America,
Latin America, Europe, Asia Pacific, and the Middle East & Africa.
Regional
Analysis:
The Global Vinyl Acetate
Homopolymer Emulsion Market consists of five regions: Asia Pacific, Europe,
Latin America, North America, and the Middle East & Africa. The Asia
Pacific region is expected to grow at the highest CAGR during the forecast
period due to the rising demand from end use industries such as wood, textile,
paperboard & packaging, and paints & coatings. The demand for Vinyl
Acetate Homopolymer Emulsion is projected to surge in developing countries such
as India, China, and Japan due to growing construction activities and
development of paper & packaging industry. Whereas in Europe and North
America, manufacturers are adopting production of low VOC based products to
compel with the regulatory norms implemented by various regulatory bodies such
as U.S. Environmental Protection Agency (EPA) and European Chemical Agency
(ECHA).
The Middle East &
Africa is expected to witness a substantial growth during the review period.
Rising development activities combined with the increasing demand for VOC free
paint is expected to drive the growth of the market in this region.
Asia Pacific emerged as
the biggest local market for Vinyl Acetate Homopolymer Emulsion followed by
Europe and North America. European countries such as Germany, Spain, France,
UK, Denmark, and Italy have developed the prominent consumer markets and are expected
to witness average growth over forecasted period.
North America is expected
to witness stable growth in the usage of Vinyl Acetate Homopolymer Emulsions
over the forecast period. The U.S. is expected to dominate Vinyl Acetate
Homopolymer Emulsion Market in the region followed by Canada, Mexico, and
Guatemala.
Latin American countries,
such as Brazil, Colombia, Argentina, and Chile are also projected to witness
steady growth due to the swift in the expansion of paints & coatings and
textile industries.
Intended Audience:
- Vinyl Acetate
Homopolymer Emulsion Manufacturers
- Traders and
Distributors of Vinyl Acetate Homopolymer Emulsion
- Production
Process Industries
- Potential
Investors
- Raw Material
Suppliers
- Nationalized
Laboratory
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