Vinyl Acetate Emulsion Polymers Market size 2021 by Manufacturers, Regions, Type and Application, Forecast to 2027
Vinyl
Acetate Emulsion Polymers are formed by the integration of ethylene and
vinyl acetate compounds utilizing copolymerization process. They are
extensively used in end-use industries to impart thermal stability, lightweight
and durable nature to the final product. Moreover, they also provide
reliability and versatility to the product.
The Global Vinyl Acetate Emulsion Polymers Market is
driven by the scope of its application in various sectors such as paints &
coatings, adhesives, textiles, construction, paper, and others. Moreover,
paints & coatings segment is set to grow at a higher CAGR owing to the
endless use of water-borne products in the sector.
Competitive Analysis:
Some of the well-known players functioning in the
Global Vinyl Acetate Emulsion Polymers Market are BASF SE (Germany), The
Lubrizol Corporation (U.S.), Clariant (Switzerland), Cytec Industries Inc
(U.S.), DIC CORPORATION (Japan), Arkema S.A.(France), Nuplex Industries Ltd
(Australia), Trinseo (U.S.), Momentive (U.S.) and Synthomer plc (U.K.) among
others.
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Market Segmentation:
The Global Vinyl Acetate Emulsion Polymers Market is
classified into the application segment. The market by application is
bifurcated into paints & coatings, adhesives, textiles, construction,
paper, and others.
Market Scenario:
Paints & coatings hold a major portion of the
Vinyl Acetate Emulsion Polymers Market. The increasing demand for these
polymers in the final product is the major factor behind their growth in the
market due to unique outdoor durability, fire resistant, and other features
offered by them. The extensive consumption of water-borne polymers has driven
the manufacturers to adopt them in adhesives, textiles, paper, and other
sectors. Storage, recyclability, long life, high standard performance, and
others are the major factors behind the growth of emulsion polymers in the
market. Moreover, the implementation of stringent rules and regulation set by
the regulatory bodies in developed and emerging economies is projected to drive
the market on a higher scale over the assessment period.
Regional Analysis:
Geographically, Vinyl Acetate Emulsion Polymers
Market is segmented across five regions in the world namely Asia Pacific, North
America, Europe, Latin America, and the Middle East & Africa. Among these,
Asia Pacific holds a majority of the market share due to advantages offered by
the product and growing need for high-performance emulsion polymers in major
industries. North America is set to grow at a higher rate owing to growing
demand for the product in construction, furniture, textiles, and other sectors.
In this region, the manufacturers and investors are shifting their focus from
solvent polymers to water-borne products in end-use applications. The enactment
of new rules and regulations to use emulsion polymers product in major
industries has driven the market in the European region. Due to boundless
consumption of copolymers in paper, packaging, and others, Latin American
region is estimated to witness a moderate growth in the market. The rising
demand for superior performance emulsion polymers in the construction sector is
projected to drive the market in the Middle East & African region during
the forecast period.
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