The Asia Pacific Vinyl Acetate Monomer Market would witness market growth of 4.8% CAGR during the forecast period (2024-2031). In the year 2022, the Asia Pacific market's volume surged to 2,846.4 kilo tonnes, showcasing a growth of 19.2% (2020-2023).
Polyvinyl Acetate is a versatile polymer extensively utilized in various industries, including adhesives, coatings, textiles, and construction. In adhesives, PVA offers excellent bonding properties, water resistance, and flexibility, making it ideal for woodworking, packaging, and paper bonding applications. Thus, the South Korea market utilized 107.05 kilo tonnes of Polyvinyl Acetate in the market 2022.
The China market dominated the Asia Pacific Vinyl Acetate Monomer Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $1,656.6 Million by 2031. The Japan market is showcasing a CAGR of 4.1% during (2024 - 2031). Additionally, The India market would register a CAGR of 5.4% during (2024 - 2031).
Vinyl acetate monomer (VAM) is a colorless liquid with a pungent odor, and it is produced through the reaction of acetylene and acetic acid. VAM is a versatile chemical intermediate building block for synthesizing polymers, resins, and other specialty chemicals.
Moreover, vinyl acetate monomer (VAM) is used in various industries and sectors owing to its versatile properties and compatibility with different materials. For example, VAM is a primary raw material for producing polyvinyl acetate (PVA) and copolymers like ethylene-vinyl acetate (EVA), which are widely used in adhesives and sealants.
The expansion of the chemical industry in India leads to increased demand for raw materials and intermediates, including VAM. As the chemical sector grows, there is a higher requirement for VAM in various applications such as adhesives, coatings, textiles, and packaging materials. The growth of the chemical industry in India opens up new market opportunities for VAM manufacturers and suppliers.
Free Valuable Insights: The Global Vinyl Acetate Monomer Market is Predict to reach USD 13.5 Billion by 2031, at a CAGR of 4.7%
Based on End-user, the market is segmented into Construction, Packaging, Textile, Cosmetics, and Others. Based on Application, the market is segmented into Polyvinyl Acetate (PVA), Polyvinyl Alcohol (PVOH), Ethylene-Vinyl Acetate (EVA), and Others. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
List of Key Companies Profiled
- Celanese Corporation
- LyondellBasell Industries Holdings B.V.
- The Dow Chemical Company
- DuPont de Nemours, Inc.
- Wacker Chemie AG
- Kuraray Europe GmbH (Kuraray Co., Ltd.)
- INEOS Group Holdings S.A
- Sinopec Group (China Petrochemical Corporation)
- Sipchem Company
- Exxon Mobil Corporation
Asia Pacific Vinyl Acetate Monomer Market Report Segmentation
By End-user (Volume, Kilo Tonnes, USD Billion, 2020-2031)
- Construction
- Packaging
- Textile
- Cosmetics
- Others
By Application (Volume, Kilo Tonnes, USD Billion, 2020-2031)
- Polyvinyl Acetate (PVA)
- Polyvinyl Alcohol (PVOH)
- Ethylene-Vinyl Acetate (EVA)
- Others
By Country (Volume, Kilo Tonnes, USD Billion, 2020-2031)
- China
- Japan
- India
- South Korea
- Singapore
- Malaysia
- Rest of Asia Pacific
TABLE 1 Asia Pacific Vinyl Acetate Monomer Market, 2020 - 2023, USD Million
TABLE 2 Asia Pacific Vinyl Acetate Monomer Market, 2024 - 2031, USD Million
TABLE 3 Asia Pacific Vinyl Acetate Monomer Market, 2020 - 2023, Kilo Tonnes
TABLE 4 Asia Pacific Vinyl Acetate Monomer Market, 2024 - 2031, Kilo Tonnes
TABLE 5 Asia Pacific Vinyl Acetate Monomer Market by End-user, 2020 - 2023, USD Million
TABLE 6 Asia Pacific Vinyl Acetate Monomer Market by End-user, 2024 - 2031, USD Million
TABLE 7 Asia Pacific Vinyl Acetate Monomer Market by End-user, 2020 - 2023, Kilo Tonnes
TABLE 8 Asia Pacific Vinyl Acetate Monomer Market by End-user, 2024 - 2031, Kilo Tonnes
TABLE 9 Asia Pacific Construction Market by Country, 2020 - 2023, USD Million
TABLE 10 Asia Pacific Construction Market by Country, 2024 - 2031, USD Million
TABLE 11 Asia Pacific Construction Market by Country, 2020 - 2023, Kilo Tonnes
TABLE 12 Asia Pacific Construction Market by Country, 2024 - 2031, Kilo Tonnes
TABLE 13 Asia Pacific Packaging Market by Country, 2020 - 2023, USD Million
TABLE 14 Asia Pacific Packaging Market by Country, 2024 - 2031, USD Million
TABLE 15 Asia Pacific Packaging Market by Country, 2020 - 2023, Kilo Tonnes
TABLE 16 Asia Pacific Packaging Market by Country, 2024 - 2031, Kilo Tonnes
TABLE 17 Asia Pacific Textile Market by Country, 2020 - 2023, USD Million
TABLE 18 Asia Pacific Textile Market by Country, 2024 - 2031, USD Million
TABLE 19 Asia Pacific Textile Market by Country, 2020 - 2023, Kilo Tonnes
TABLE 20 Asia Pacific Textile Market by Country, 2024 - 2031, Kilo Tonnes
TABLE 21 Asia Pacific Cosmetics Market by Country, 2020 - 2023, USD Million
TABLE 22 Asia Pacific Cosmetics Market by Country, 2024 - 2031, USD Million
TABLE 23 Asia Pacific Cosmetics Market by Country, 2020 - 2023, Kilo Tonnes
TABLE 24 Asia Pacific Cosmetics Market by Country, 2024 - 2031, Kilo Tonnes
TABLE 25 Asia Pacific Others Market by Country, 2020 - 2023, USD Million
TABLE 26 Asia Pacific Others Market by Country, 2024 - 2031, USD Million
TABLE 27 Asia Pacific Others Market by Country, 2020 - 2023, Kilo Tonnes
TABLE 28 Asia Pacific Others Market by Country, 2024 - 2031, Kilo Tonnes
TABLE 29 Asia Pacific Vinyl Acetate Monomer Market by Application, 2020 - 2023, USD Million
TABLE 30 Asia Pacific Vinyl Acetate Monomer Market by Application, 2024 - 2031, USD Million
TABLE 31 Asia Pacific Vinyl Acetate Monomer Market by Application, 2020 - 2023, Kilo Tonnes
TABLE 32 Asia Pacific Vinyl Acetate Monomer Market by Application, 2024 - 2031, Kilo Tonnes
TABLE 33 Asia Pacific Polyvinyl Acetate (PVA) Market by Country, 2020 - 2023, USD Million
TABLE 34 Asia Pacific Polyvinyl Acetate (PVA) Market by Country, 2024 - 2031, USD Million
TABLE 35 Asia Pacific Polyvinyl Acetate (PVA) Market by Country, 2020 - 2023, Kilo Tonnes
TABLE 36 Asia Pacific Polyvinyl Acetate (PVA) Market by Country, 2024 - 2031, Kilo Tonnes
TABLE 37 Asia Pacific Polyvinyl Alcohol (PVOH) Market by Country, 2020 - 2023, USD Million
TABLE 38 Asia Pacific Polyvinyl Alcohol (PVOH) Market by Country, 2024 - 2031, USD Million
TABLE 39 Asia Pacific Polyvinyl Alcohol (PVOH) Market by Country, 2020 - 2023, Kilo Tonnes
TABLE 40 Asia Pacific Polyvinyl Alcohol (PVOH) Market by Country, 2024 - 2031, Kilo Tonnes
TABLE 41 Asia Pacific Ethylene-Vinyl Acetate (EVA) Market by Country, 2020 - 2023, USD Million
TABLE 42 Asia Pacific Ethylene-Vinyl Acetate (EVA) Market by Country, 2024 - 2031, USD Million
TABLE 43 Asia Pacific Ethylene-Vinyl Acetate (EVA) Market by Country, 2020 - 2023, Kilo Tonnes
TABLE 44 Asia Pacific Ethylene-Vinyl Acetate (EVA) Market by Country, 2024 - 2031, Kilo Tonnes
TABLE 45 Asia Pacific Others Market by Country, 2020 - 2023, USD Million
TABLE 46 Asia Pacific Others Market by Country, 2024 - 2031, USD Million
TABLE 47 Asia Pacific Others Market by Country, 2020 - 2023, Kilo Tonnes
TABLE 48 Asia Pacific Others Market by Country, 2024 - 2031, Kilo Tonnes
TABLE 49 Asia Pacific Vinyl Acetate Monomer Market by Country, 2020 - 2023, USD Million
TABLE 50 Asia Pacific Vinyl Acetate Monomer Market by Country, 2024 - 2031, USD Million
TABLE 51 Asia Pacific Vinyl Acetate Monomer Market by Country, 2020 - 2023, Kilo Tonnes
TABLE 52 Asia Pacific Vinyl Acetate Monomer Market by Country, 2024 - 2031, Kilo Tonnes
TABLE 53 China Vinyl Acetate Monomer Market, 2020 - 2023, USD Million
TABLE 54 China Vinyl Acetate Monomer Market, 2024 - 2031, USD Million
TABLE 55 China Vinyl Acetate Monomer Market, 2020 - 2023, Kilo Tonnes
TABLE 56 China Vinyl Acetate Monomer Market, 2024 - 2031, Kilo Tonnes
TABLE 57 China Vinyl Acetate Monomer Market by End-user, 2020 - 2023, USD Million
TABLE 58 China Vinyl Acetate Monomer Market by End-user, 2024 - 2031, USD Million
TABLE 59 China Vinyl Acetate Monomer Market by End-user, 2020 - 2023, Kilo Tonnes
TABLE 60 China Vinyl Acetate Monomer Market by End-user, 2024 - 2031, Kilo Tonnes
TABLE 61 China Vinyl Acetate Monomer Market by Application, 2020 - 2023, USD Million
TABLE 62 China Vinyl Acetate Monomer Market by Application, 2024 - 2031, USD Million
TABLE 63 China Vinyl Acetate Monomer Market by Application, 2020 - 2023, Kilo Tonnes
TABLE 64 China Vinyl Acetate Monomer Market by Application, 2024 - 2031, Kilo Tonnes
TABLE 65 Japan Vinyl Acetate Monomer Market, 2020 - 2023, USD Million
TABLE 66 Japan Vinyl Acetate Monomer Market, 2024 - 2031, USD Million
TABLE 67 Japan Vinyl Acetate Monomer Market, 2020 - 2023, Kilo Tonnes
TABLE 68 Japan Vinyl Acetate Monomer Market, 2024 - 2031, Kilo Tonnes
TABLE 69 Japan Vinyl Acetate Monomer Market by End-user, 2020 - 2023, USD Million
TABLE 70 Japan Vinyl Acetate Monomer Market by End-user, 2024 - 2031, USD Million
TABLE 71 Japan Vinyl Acetate Monomer Market by End-user, 2020 - 2023, Kilo Tonnes
TABLE 72 Japan Vinyl Acetate Monomer Market by End-user, 2024 - 2031, Kilo Tonnes
TABLE 73 Japan Vinyl Acetate Monomer Market by Application, 2020 - 2023, USD Million
TABLE 74 Japan Vinyl Acetate Monomer Market by Application, 2024 - 2031, USD Million
TABLE 75 Japan Vinyl Acetate Monomer Market by Application, 2020 - 2023, Kilo Tonnes
TABLE 76 Japan Vinyl Acetate Monomer Market by Application, 2024 - 2031, Kilo Tonnes
TABLE 77 India Vinyl Acetate Monomer Market, 2020 - 2023, USD Million
TABLE 78 India Vinyl Acetate Monomer Market, 2024 - 2031, USD Million
TABLE 79 India Vinyl Acetate Monomer Market, 2020 - 2023, Kilo Tonnes
TABLE 80 India Vinyl Acetate Monomer Market, 2024 - 2031, Kilo Tonnes
TABLE 81 India Vinyl Acetate Monomer Market by End-user, 2020 - 2023, USD Million
TABLE 82 India Vinyl Acetate Monomer Market by End-user, 2024 - 2031, USD Million
TABLE 83 India Vinyl Acetate Monomer Market by End-user, 2020 - 2023, Kilo Tonnes
TABLE 84 India Vinyl Acetate Monomer Market by End-user, 2024 - 2031, Kilo Tonnes
TABLE 85 India Vinyl Acetate Monomer Market by Application, 2020 - 2023, USD Million
TABLE 86 India Vinyl Acetate Monomer Market by Application, 2024 - 2031, USD Million
TABLE 87 India Vinyl Acetate Monomer Market by Application, 2020 - 2023, Kilo Tonnes
TABLE 88 India Vinyl Acetate Monomer Market by Application, 2024 - 2031, Kilo Tonnes
TABLE 89 South Korea Vinyl Acetate Monomer Market, 2020 - 2023, USD Million
TABLE 90 South Korea Vinyl Acetate Monomer Market, 2024 - 2031, USD Million
TABLE 91 South Korea Vinyl Acetate Monomer Market, 2020 - 2023, Kilo Tonnes
TABLE 92 South Korea Vinyl Acetate Monomer Market, 2024 - 2031, Kilo Tonnes
TABLE 93 South Korea Vinyl Acetate Monomer Market by End-user, 2020 - 2023, USD Million
TABLE 94 South Korea Vinyl Acetate Monomer Market by End-user, 2024 - 2031, USD Million
TABLE 95 South Korea Vinyl Acetate Monomer Market by End-user, 2020 - 2023, Kilo Tonnes
TABLE 96 South Korea Vinyl Acetate Monomer Market by End-user, 2024 - 2031, Kilo Tonnes
TABLE 97 South Korea Vinyl Acetate Monomer Market by Application, 2020 - 2023, USD Million
TABLE 98 South Korea Vinyl Acetate Monomer Market by Application, 2024 - 2031, USD Million
TABLE 99 South Korea Vinyl Acetate Monomer Market by Application, 2020 - 2023, Kilo Tonnes
TABLE 100 South Korea Vinyl Acetate Monomer Market by Application, 2024 - 2031, Kilo Tonnes
TABLE 101 Singapore Vinyl Acetate Monomer Market, 2020 - 2023, USD Million
TABLE 102 Singapore Vinyl Acetate Monomer Market, 2024 - 2031, USD Million
TABLE 103 Singapore Vinyl Acetate Monomer Market, 2020 - 2023, Kilo Tonnes
TABLE 104 Singapore Vinyl Acetate Monomer Market, 2024 - 2031, Kilo Tonnes
TABLE 105 Singapore Vinyl Acetate Monomer Market by End-user, 2020 - 2023, USD Million
TABLE 106 Singapore Vinyl Acetate Monomer Market by End-user, 2024 - 2031, USD Million
TABLE 107 Singapore Vinyl Acetate Monomer Market by End-user, 2020 - 2023, Kilo Tonnes
TABLE 108 Singapore Vinyl Acetate Monomer Market by End-user, 2024 - 2031, Kilo Tonnes
TABLE 109 Singapore Vinyl Acetate Monomer Market by Application, 2020 - 2023, USD Million
TABLE 110 Singapore Vinyl Acetate Monomer Market by Application, 2024 - 2031, USD Million
TABLE 111 Singapore Vinyl Acetate Monomer Market by Application, 2020 - 2023, Kilo Tonnes
TABLE 112 Singapore Vinyl Acetate Monomer Market by Application, 2024 - 2031, Kilo Tonnes
TABLE 113 Malaysia Vinyl Acetate Monomer Market, 2020 - 2023, USD Million
TABLE 114 Malaysia Vinyl Acetate Monomer Market, 2024 - 2031, USD Million
TABLE 115 Malaysia Vinyl Acetate Monomer Market, 2020 - 2023, Kilo Tonnes
TABLE 116 Malaysia Vinyl Acetate Monomer Market, 2024 - 2031, Kilo Tonnes
TABLE 117 Malaysia Vinyl Acetate Monomer Market by End-user, 2020 - 2023, USD Million
TABLE 118 Malaysia Vinyl Acetate Monomer Market by End-user, 2024 - 2031, USD Million
TABLE 119 Malaysia Vinyl Acetate Monomer Market by End-user, 2020 - 2023, Kilo Tonnes
TABLE 120 Malaysia Vinyl Acetate Monomer Market by End-user, 2024 - 2031, Kilo Tonnes
TABLE 121 Malaysia Vinyl Acetate Monomer Market by Application, 2020 - 2023, USD Million
TABLE 122 Malaysia Vinyl Acetate Monomer Market by Application, 2024 - 2031, USD Million
TABLE 123 Malaysia Vinyl Acetate Monomer Market by Application, 2020 - 2023, Kilo Tonnes
TABLE 124 Malaysia Vinyl Acetate Monomer Market by Application, 2024 - 2031, Kilo Tonnes
TABLE 125 Rest of Asia Pacific Vinyl Acetate Monomer Market, 2020 - 2023, USD Million
TABLE 126 Rest of Asia Pacific Vinyl Acetate Monomer Market, 2024 - 2031, USD Million
TABLE 127 Rest of Asia Pacific Vinyl Acetate Monomer Market, 2020 - 2023, Kilo Tonnes
TABLE 128 Rest of Asia Pacific Vinyl Acetate Monomer Market, 2024 - 2031, Kilo Tonnes
TABLE 129 Rest of Asia Pacific Vinyl Acetate Monomer Market by End-user, 2020 - 2023, USD Million
TABLE 130 Rest of Asia Pacific Vinyl Acetate Monomer Market by End-user, 2024 - 2031, USD Million
TABLE 131 Rest of Asia Pacific Vinyl Acetate Monomer Market by End-user, 2020 - 2023, Kilo Tonnes
TABLE 132 Rest of Asia Pacific Vinyl Acetate Monomer Market by End-user, 2024 - 2031, Kilo Tonnes
TABLE 133 Rest of Asia Pacific Vinyl Acetate Monomer Market by Application, 2020 - 2023, USD Million
TABLE 134 Rest of Asia Pacific Vinyl Acetate Monomer Market by Application, 2024 - 2031, USD Million
TABLE 135 Rest of Asia Pacific Vinyl Acetate Monomer Market by Application, 2020 - 2023, Kilo Tonnes
TABLE 136 Rest of Asia Pacific Vinyl Acetate Monomer Market by Application, 2024 - 2031, Kilo Tonnes
TABLE 137 Key Information – Celanese Corporation
TABLE 138 Key Information – LyondellBasell Industries Holdings B.V.
TABLE 139 Key Information – The Dow Chemical Company
TABLE 140 Key Information –DuPont de Nemours, Inc.
TABLE 141 Key Information – Wacker Chemie AG
TABLE 142 Key Information – kuraray europe gmbh
TABLE 143 Key Information – INEOS Group Holdings S.A.
TABLE 144 Key Information – Sinopec Group
TABLE 145 Key Information – Sipchem Company
TABLE 146 Key Information – Exxon Mobil Corporation
List of Figures
FIG 1 Methodology for the research
FIG 2 Asia Pacific Vinyl Acetate Monomer Market, 2020 - 2031, USD Million
FIG 3 Key Factors Impacting Vinyl Acetate Monomer Market
FIG 4 Porter’s Five Forces Analysis – Vinyl Acetate Monomer Market
FIG 5 Asia Pacific Vinyl Acetate Monomer Market share by End-user, 2023
FIG 6 Asia Pacific Vinyl Acetate Monomer Market share by End-user, 2031
FIG 7 Asia Pacific Vinyl Acetate Monomer Market by End-user, 2020 - 2031, USD Million
FIG 8 Asia Pacific Vinyl Acetate Monomer Market share by Application, 2023
FIG 9 Asia Pacific Vinyl Acetate Monomer Market share by Application, 2031
FIG 10 Asia Pacific Vinyl Acetate Monomer Market by Application, 2020 - 2031, USD Million
FIG 11 Asia Pacific Vinyl Acetate Monomer Market share by Country, 2023
FIG 12 Asia Pacific Vinyl Acetate Monomer Market share by Country, 2031
FIG 13 Asia Pacific Vinyl Acetate Monomer Market by Country, 2020 - 2031, USD Million
FIG 14 SWOT Analysis: Celanese Corporation
FIG 15 SWOT Analysis: LyondellBasell Industries Holdings B.V.
FIG 16 SWOT Analysis: The Dow Chemical Company
FIG 17 Swot Analysis: DuPont de Nemours, Inc.
FIG 18 Recent strategies and developments: Wacker Chemie AG
FIG 19 Swot Analysis: Wacker Chemie AG
FIG 20 SWOT ANALYSIS: Kuraray Europe GmbH
FIG 21 SWOT Analysis: INEOS GROUP HOLDINGS S.A.
FIG 22 Swot Analysis: Chinsa Petrochemical Corporation
FIG 23 SWOT Analysis: Sipchem Company
FIG 24 SWOT Analysis: Exxon Mobil Corporation