Vinyl Acetate Monomer Market Revenue, Growth, Size with Business Prospects, Competitor Forecast 2020-2030.
Market Segmentation The global vinyl acetate monomer market revenue has been segmented by application, end-use industry, and region. Based on application, the market has been segmented into polyvinyl acetate (PVA), polyvinyl alcohol (PVOH), ethylene vinyl acetate (EVA), vinyl acetate ethylene (VAE), ethylene vinyl alcohol (EVOH), vinyl chloride-vinyl acetate copolymers, polyvinyl formal, and others. Vinyl acetate monomer is mainly used in the manufacturing of polyvinyl acetate and polyvinyl alcohol. The PVOH segment accounted for the largest market share in 2021 due to the increasing demand from end-use industries such as packaging, textile, adhesives, and construction. The EVOH segment is expected to grow at the highest rate during the forecast period on account of the increasing use of EVOH as a barrier resin in food packaging, plastic bottles, and gasoline tanks. Based on end-use industry, the market has been classified as packaging, construction, textile, adhesives, paints and