Vinyl Acetate Emulsion Polymers Industry – Market Overview:
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.
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.
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.
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.
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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