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 crosslinkingemulsions and is used in designing wood for interior
and exterior. It possess 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.
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.
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.
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:
Some
of the prominent players operating in the Global Vinyl Acetate Homopolymer
Emulsions Market are Celanese Corporation (U.S), Pexi Chem Private Limited.
(India), Tailored Chemical (U.S), The Dow Chemical Company (U.S), Xyntra
Chemicals B.V. (the Netherlands), Acquos (Australia), Wacker Chemie AG
(Germany).
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
Browse Full Report@ https://www.marketresearchfuture.com/reports/vinyl-acetate-homopolymer-emulsion-market-4043
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