비닐 아세테이트 모노머 시장 규모, 점유율, 성장 분석 : 순도별, 용도별, 최종사용자별, 지역별 - 산업 예측(2025-2032년)

Vinyl Acetate Monomer Market size was valued at USD 9.4 billion in 2023 and is poised to grow from USD 10.01 billion in 2024 to USD 16.57 billion by 2032, growing at a CAGR of 6.5% during the forecast period (2025-2032).

The vinyl acetate monomer (VAM) market is experiencing significant growth driven by its extensive applications across various industries, particularly in adhesives, paints, coatings, textiles, and films. This surge in demand stems from the booming construction, automotive, packaging, and textile sectors, alongside a rising preference for eco-friendly and sustainable products. Notably, VAM-based materials like ethylene-vinyl acetate (EVA) play a crucial role in renewable energy applications such as solar panel encapsulants. As the global trend shifts towards sustainability, the demand for VAM is expected to rise further. Moreover, advancements in production technologies and the establishment of new manufacturing facilities are enhancing VAM's accessibility and cost-effectiveness, particularly in emerging economies, thus fostering continued market expansion.

Top-down and bottom-up approaches were used to estimate and validate the size of the Vinyl Acetate Monomer market and to estimate the size of various other dependent submarkets. The research methodology used to estimate the market size includes the following details: The key players in the market were identified through secondary research, and their market shares in the respective regions were determined through primary and secondary research. This entire procedure includes the study of the annual and financial reports of the top market players and extensive interviews for key insights from industry leaders such as CEOs, VPs, directors, and marketing executives. All percentage shares split, and breakdowns were determined using secondary sources and verified through Primary sources. All possible parameters that affect the markets covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data.

Vinyl Acetate Monomer Market Segments Analysis

Global Vinyl Acetate Monomer Market is segmented by Purity, Application, End User and region. Based on Purity, the market is segmented into<99%, 99% & above. Based on Application, the market is segmented into Polyvinyl Alcohol, Polyvinyl Acetate, Ethylene Vinyl Acetate and Others. Based on End User, the market is segmented into Packaging, Construction, Textile, Adhesives and Others. Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa.

Driver of the Vinyl Acetate Monomer Market

The Vinyl Acetate Monomer (VAM) market is experiencing significant growth driven by a heightened awareness of environmental sustainability and health concerns associated with traditional chemical products. This rising consciousness prompts manufacturers to innovate and develop VAM-based offerings that cater to eco-friendly consumer preferences, enhancing their market attractiveness and competitiveness. A notable example of this trend is Celanese Corporation's announcement in February 2023 regarding the expansion of its sustainable product portfolio within its acetyl chain. Such initiatives reflect a broader industry shift towards sustainability, bolstering demand for VAM and facilitating the development of greener alternatives in the chemical sector.

Restraints in the Vinyl Acetate Monomer Market

The expansion of the Vinyl Acetate Monomer (VAM) market fuels a surge in product and technology offerings, intensifying competition among manufacturers and subsequently compressing profit margins due to price wars. This heightened competition creates a challenging landscape for companies, as they struggle to effectively manage and diversify their product lines. To remain competitive, firms find themselves compelled to allocate additional resources to research and development, focusing on creating specialized products. Furthermore, an oversupply of VAM in particular regions contributes to inventory buildup and decreased demand, complicating market conditions and presenting additional challenges for industry players.

Market Trends of the Vinyl Acetate Monomer Market

The Vinyl Acetate Monomer (VAM) market is witnessing a significant upward trend, driven primarily by its growing applications in the renewable energy sector. As the world pivots towards sustainable energy solutions, VAM is increasingly utilized in the production of advanced materials for solar panels and photovoltaic modules. Its integral role in enhancing the efficiency and durability of these technologies aligns with global efforts to promote eco-friendly electricity generation. This rising demand in renewable applications not only bolsters the overall market for VAM but also positions it as a critical component in the transition to sustainable energy systems, signaling a robust growth trajectory ahead.

Table of Contents

Introduction

• Objectives of the Study
• Scope of the Report
• Definitions

Research Methodology

• Information Procurement
• Secondary & Primary Data Methods
• Market Size Estimation
• Market Assumptions & Limitations

Executive Summary

• Global Market Outlook
• Supply & Demand Trend Analysis
• Segmental Opportunity Analysis

Market Dynamics & Outlook

• Market Overview
• Market Size
• Market Dynamics
  • Drivers & Opportunities
  • Restraints & Challenges
• Porters Analysis
  • Competitive rivalry
  • Threat of substitute
  • Bargaining power of buyers
  • Threat of new entrants
  • Bargaining power of suppliers

Key Market Insights

• Key Success Factors
• Degree of Competition
• Top Investment Pockets
• Market Ecosystem
• Market Attractiveness Index, 2024
• PESTEL Analysis
• Macro-Economic Indicators
• Value Chain Analysis
• Pricing Analysis
• Regulatory Landscape
• Case Studies
• Technological Advancement

Global Vinyl Acetate Monomer Market Size by Purity & CAGR (2025-2032)

• Market Overview
• 99% & Above
• <99%

Global Vinyl Acetate Monomer Market Size by Application & CAGR (2025-2032)

• Market Overview
• Polyvinyl Alcohol
• Polyvinyl Acetate
• Ethylene Vinyl Acetate
• Others

Global Vinyl Acetate Monomer Market Size by End User & CAGR (2025-2032)

• Market Overview
• Packaging
• Construction
• Textile
• Adhesives
• Others

Global Vinyl Acetate Monomer Market Size & CAGR (2025-2032)

• North America (Purity, Application, End User)
  • US
  • Canada
• Europe (Purity, Application, End User)
  • Germany
  • Spain
  • France
  • UK
  • Italy
  • Rest of Europe
• Asia Pacific (Purity, Application, End User)
  • China
  • India
  • Japan
  • South Korea
  • Rest of Asia-Pacific
• Latin America (Purity, Application, End User)
  • Brazil
  • Rest of Latin America
• Middle East & Africa (Purity, Application, End User)
  • GCC Countries
  • South Africa
  • Rest of Middle East & Africa

Competitive Intelligence

• Top 5 Player Comparison
• Market Positioning of Key Players, 2024
• Strategies Adopted by Key Market Players
• Recent Developments in the Market
• Company Market Share Analysis, 2024
• Company Profiles of All Key Players
  • Company Details
  • Product Portfolio Analysis
  • Company's Segmental Share Analysis
  • Revenue Y-O-Y Comparison (2022-2024)

Key Company Profiles

• Celanese Corporation (USA)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• China Petrochemical Corporation (Sinopec) (China)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Chang Chun Group (Taiwan)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• LyondellBasell Industries (USA)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Wacker Chemie AG (Germany)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Kuraray Co., Ltd. (Japan)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Jiangsu Sopo (Group) Co., Ltd. (China)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Sasol Limited (South Africa)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Sipchem (Saudi International Petrochemical Company) (Saudi Arabia)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Dow Chemical Company (USA)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Nippon Synthetic Chemical Industry Co., Ltd. (Japan)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Shin-Etsu Chemical Co., Ltd. (Japan)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Sekisui Chemical Co., Ltd. (Japan)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Solventis Ltd. (UK)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• SABIC (Saudi Basic Industries Corporation) (Saudi Arabia)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• PetroChina Company Limited (China)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Mitsui Chemicals, Inc. (Japan)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• LG Chem Ltd. (South Korea)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Hanwha Solutions Corporation (South Korea)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Clariant AG (Switzerland)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments

Conclusion & Recommendations