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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