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Follow on Google News | Vinyl Acetate Monomer (VAM) Global Market to 2020This report provides detailed analysis and forecasts of the economic and market trends affecting global VAM demand in major regions of the world
By: GBI Research The new report* looks at VAM, a raw material used in the production of synthetic rubbers and polymer resins, and its main end-uses Polyvinyl Acetate (PVAc) and Ethylene Vinyl Acetate (EVA) are used to produce paints, adhesives, paper coatings and textile treatments, packaging films and foams. EVA is also used in Photovoltaic (PV) applications, and the growth of the solar industry is promoting further growth in the VAM industry. Growing demand in the VAM market is largely thanks to the Asia-Pacific region and China. While demand in developed countries such as Japan has largely stabilized, the large populations and growing economies of emerging countries such as China and India mean that they have substantial consumption potential, reflected in the high growth in Chinese VAM downstream segments such as Polyvinyl Acetate (PVAc), and Ethylene Vinyl Acetate (EVA). For Sample Pages, please click or add the below link to your browser: http://www.gbiresearch.com/ The increasing popularity of shale gas over recent years, particularly in the US, has had an additional positive effect on domestic production of VAM. Crude oil is a major feedstock used for the production of ethylene, which in turn is used for the production of VAM. The percentage of ethane, which represents the VAM stream, is very high in natural gas compared to crude oil or naphtha, and the increased availability of shale gas is expected to result in a corresponding rise in the domestic production of ethylene and VAM. This will drive future export prospects, as local demand is currently being met by domestic production. Global demand for Vinyl Acetate Monomer (VAM) has been increasing steadily over the last 10 years, from 4,007,436 tons in 2000 to 5,006,705 tons in 2011, and demand is expected to grow at a Compound Annual Growth Rate (CAGR) of 4% in the coming years, to reach 7,103,889 tons in 2020. The Asia-Pacific region accounted for around 60% of global VAM demand in 2011, and a similar trend is expected to continue in the forecast period. This report provides detailed analysis and forecasts of the economic and market trends affecting global VAM demand in major regions of the world. It also provides analysis and description of the major drivers and restraints affecting VAM demand in each region. The report is built using data and information sourced from proprietary databases, primary and secondary research and in-house analysis by GBI Research’s team of industry experts. GBI Research is a market-leading provider of business intelligence reports, offering actionable data and forecasts based on the insights of key industry leaders to ensure you stay up-to-date with the latest emerging trends in your markets. For further details, please click or add the below link to your browser: http://www.gbiresearch.com/ Visit our report store: http://www.gbiresearch.com For more details contact:pressreleases@ North America: +1 646 395 5477 Europe: +44 207 753 4299 +44 1204 543 533 Asia Pacific: +91 40 6616 6782 End
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