Vinyl
Acetate Monomer (VAM) Market strategic research study offers company accounts, industry investors,
and industry members with consequential insights to enable them to make
reliable strategic decisions regarding the opportunities in the global market.
Vinyl Acetate Monomer (VAM)
Market research report offers detail overview of industry with all the
requisite data to support tactical business decisions and come up with
strategic growth plans. This study also proposes a comprehensive insight into
the development policies and plans in addition to manufacturing processes and
cost structures.
KEY BENEFITS
1. Vinyl Acetate Monomer (VAM) market
analysis based on current industry scenario and expected future trends to
enable stakeholders take strategic decisions.
2. Analysis of the factors impacting the Vinyl
Acetate Monomer (VAM) market to understand business opportunities.
3. Identification of key investment pockets
for various applications, type and geographies.
4. Identification of the Vinyl Acetate
Monomer (VAM) market top key players and their strategic moves.
5. Evaluation of Vinyl Acetate Monomer (VAM)
market trends to provide deep-dive intelligence into every market segment.
6. Competitive analysis to effectively plan
and execute a business plan.
7. Vinyl Acetate Monomer (VAM) market
micro-level analysis based on application, type and geography.
Download Free Sample
Report Now @ https://www.millioninsights.com/industry-reports/vinyl-acetate-monomer-vam-market/request-sample
The Global Vinyl Acetate
Monomer (VAM) Market is anticipated to reach USD 9.86 billion by 2020. Global
vinyl acetate monomer market demand is expected to witness significant growth
on account of its widening application base in solar power sector. Key factors
expected to drive global industry include high demand from packaging, solar
energy and footwear industries. Vinyl
acetate (VA) is monomers derived from ethylene and acetic acid. Their usage in
the formation of copolymers results in products which have softness similar to
rubber and high flexibility. They are known to be good elastomers having both
viscosity and elasticity. The product as wide industrial applications and
compete with rubber and vinyl products. Extensive VA use in the field of
packaging and energy sector drives the global demand over the forecast period.
Films made up of this
organic compound find wide applications in meat, poultry and sea food products
packaging. These films offer stronger and thinner packaging which results in
keeping food products fresh by eradicating puncture and package failures and
therefore helps in increasing customer satisfaction levels. Polymeric sheets
made up of vinyl acetate are used for encapsulation of solar cells. It is one
of the major steps in fabrication of photovoltaic modules which makes the
market for vinyl acetate highly lucrative.
Developments in solar
energy sector are expected to further drive vinyl acetate demand over the
forecast period. Solar power is a clean source of energy and is being highly
implemented in developed countries including US, UK and France. Emerging
economies have also realized its use and have started setting up solar panels
to meet ever growing demand for energy. Such initiatives to increase renewable
energy use are expected to positively impact overall industry demand in the
future. Other applications include footwear industry where the need to provide
comfort and safety to the consumers drives the usage. These monomers provide
toughness and are crack resistance. They are majorly used as shock absorbers in
footwear products. Vinyl acetate resins meet the electrical appliances need on
account of their high heat resistance and stress cracking, therefore making
them favorites for wire and cable insulation. Low cost substitute’s
availability which includes rubber and plastic are expected to provide stiff
competition over the foreseeable future.
Manufacturers are expected
to focus on continuous product development through research and innovation. New
polyvinyl acetates in near future are expected to hamper the growth over the
forecast period. Manufacturers are expected to observe huge opportunities in
North America and Asia on account of ever growing packaged food industry.
Companies indulged in other poly vinyl acetates business have better scope of
entering into the market on account of well-established marketing channels and
manufacturing setup. The copolymers
formed with the help of vinyl acetate should be handled with care during the
manufacturing process on account of its flammability and volatility. Vinyl
acetate vapors are heavier than air and particles tend to travel some distance
before settling in low areas. Therefore, stringent practices are observed in
its manufacturing to prevent environmental hazards.
Industries are capital
intensive for establishing closed and controlled processes. Workers handling VA
need to be trained on safety measures mentioned in material safety data sheet.
All wastes should be disposed in compliance with the federal, EU or local
governing rules and regulations. Vinyl Acetate is not generally sold in consumer
market but are a part of consumer applications. They are traded in business
markets. There lies an opportunity for the manufacturers to establish proper
sales channel to cater to untapped customers.
Maintaining supplier buyer relation plays a major role in developing
prolonged sales and efficient inventory management. Proper care should be taken
during transportation resulting in need of proper containers and storage
facilities. Vinyl acetate council is a non-profit body representing vinyl
acetate monomer manufacturers in North America. It provides guidelines for safe
and environmental friendly manufacturing processes. It monitors and
participates in government proceedings for continued use with safety measures.
Similarly, European chemistry industrial council is a governing body looking
after vinyl acetate manufacturing functions.
The VA monomer is segmented
on the basis of application usage which includes food packaging, energy sector,
footwear and electrical cabling. Asia Pacific is the largest market in terms of
demand on account of high usage in food packaging. Emerging economies including
India and China are focusing on clean energy which should lead to an increase
in demand in these regions. Regional demand is followed by North America and
Europe on account of advanced solar energy sectors. Lack of suitable power
infrastructure in South America and Africa are expected to show a slow growth
in this region. Key players in the
market are Dow Chemical Company, LyondellBasell Industries, ExxonMobil Corp and
E.I. du Pont de Nemours. Companies focus on promoting vinyl acetate for
multiple uses across industries and look out for new applications. Therefore,
apart from the conventional use, this organic compound has found applications
in healthcare, agriculture and construction.
Know
More Insights @ https://newsonmarketblog.wordpress.com
No comments:
Post a Comment