Market Insights:
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 crosslinkingemulsions 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.
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.
Global
Key Players:
· Celanese Corporation
· Pexi Chem Private Limited.
· Tailored Chemical
· The Dow Chemical Company
· Xyntra Chemicals B.V.
· Acquos
· Wacker Chemie AG
Regional Analysis:
The 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.
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.
Based
on end use industries, the market is categorized into wood, textile, paperboard
& packaging, building & construction, paints & coatings, and
others.
Based
on regions, this market is segmented into Asia Pacific, Europe, Latin America,
North America, and the Middle East & Africa.
Geographical
Analysis:
The report covers brief analysis of geographical
regions such as North America, Latin America, Europe, Asia Pacific, and the
Middle East & Africa.
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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