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Vinyl Acetate Ethylene Copolymer Powder Market Analysis- Industry Size, Share, Research Report, Insights, Covid-19 Impact, Statistics, Trends, Growth and Forecast 2023-2030

Published Date: October, 2022
No of Pages: 159
Delivery Format: PDF+ Excel

$2,950.00

Over the course of the forecast period, the vinyl acetate ethylene copolymer powder market is anticipated to grow at a CAGR of over 6%. The market’s expansion is mostly being driven by the packaging industry’s rising demand. Due to its qualities, including flexibility and moisture resistance, vinyl acetate ethylene copolymer powder is widely utilised in the packaging industry. The market for vinyl acetate ethylene copolymer powder is anticipated to expand during the projected period as a result of the rising demand for flexible packaging from the food and beverage and healthcare sectors.

Vinyl acetate ethylene copolymer powder is anticipated to have the greatest market in the Asia-Pacific region due to the region’s expanding packaging need. Due to the expanding demand from the food and beverage and healthcare industries, China is the world’s largest market for vinyl acetate ethylene copolymer powder. The companies DowDuPont, Inc., Ineos, LyondellBasell, SABIC, and ExxonMobil are a few of the major competitors in the market.

The copolymer of vinyl acetate and ethylene is known as vinyl acetate-ethylene (VAE) copolymer powder, which is a white, freely flowing powder. It is a non-toxic substance that is used in a variety of industries, including construction, adhesives, sealants, paints, and coatings. Vinyl acetate and ethylene are suspended polymerized in an aqueous solution to create VAE copolymer powder. The required powder shape is subsequently created by spray-drying the solution. Vinyl acetate and ethylene are copolymerized to provide a material with strong adhesive qualities and a low melting point.

Many different products, including adhesives, sealants, paints, coatings, and construction, use VAE copolymer powder. Due to its low melting point and strong adhesive qualities, it is the perfect material for adhesives and sealants. Additionally, the powder is applied in building applications as a binding agent. Vae copolymer powder is a non-toxic substance that can be used in a variety of fields. It is a substance that can be readily disposed of and is environmentally beneficial.

Vinyl Acetate Ethylene Copolymer Powder Market Report Scope and Segmentation

ATTRIBUTESDETAILS
ESTIMATED YEAR2023
BASE YEAR2022
FORECAST YEAR2030
HISTORICAL YEAR2017-2022
UNITValue (USD Million/Billion)
BY REGIONNorth America, Europe, Asia Pacific, Latin America, Middle East and Africa

Market Prospects for Vinyl Acetate Ethylene Copolymer Powder

During the projected period of 2020–2025, the vinyl acetate ethylene copolymer powder market is anticipated to expand at a CAGR of about 5%. The growing need for flexible packaging, adhesives, and coatings are the main market drivers. The strict environmental laws regulating the usage of VOCs are the main factor impeding market expansion.

Vinyl acetate and ethylene are copolymerized to create vinyl acetate/ethylene copolymer powder, a thermoplastic resin. It is a white, freely flowing powder that is soluble in most organic solvents but insoluble in water. Many different products, such as adhesives, coatings, sealants, inks, and plastics, use VAE copolymer powder.

By application, end-use sector, and geography, the vinyl acetate ethylene copolymer powder market is divided globally. The market is segmented based on application into adhesives, coatings, sealants, inks, and plastics. Due to the increasing demand from the packaging industry, the adhesives category is anticipated to expand at the greatest CAGR during the forecast period.

The market is divided into building & construction, packaging, automotive, paper & pulp, and others based on the end-use industry. Due to the rising need for flexible packaging, the packaging segment is predicted to increase at the greatest CAGR throughout the projection period. The North America, Europe, Asia Pacific, South America, and Middle East & Africa regions make up the regional segments of the worldwide vinyl acetate ethylene copolymer powder market.

The market for vinyl acetate ethylene copolymer powder is anticipated to grow at the fastest rate in North America due to the region’s robust packaging and construction sectors. Due to rising demand from the packaging and automotive industries, Asia Pacific is anticipated to have the quickest rate of growth.

Market Restraints for Vinyl Acetate Ethylene Copolymer Powder

The market for vinyl acetate ethylene copolymer powder is expected to expand due to the wide range of industries in which it is used. In the food packaging, medical, construction, and automotive industries, vinyl acetate ethylene copolymer powder is widely utilised as an adhesive. Additionally, it serves as a nonwovens binder, a flexible packaging sealer, and a film forming in the cosmetics industry. Vinyl acetate and ethylene are copolymerized to create vinyl acetate ethylene copolymer powder, a thermoplastic resin. It is a free-flowing, white powder that is insoluble in water.

The price of vinyl acetate ethylene copolymer powder is the main issue limiting market expansion. Vinyl acetate and ethylene are copolymerized to create vinyl acetate ethylene copolymer powder, a synthetic resin. This resin is produced via a time-consuming and expensive technique. During the forecast period, this is anticipated to be a significant barrier to the growth of the vinyl acetate ethylene copolymer powder market.

Key Trends in the Vinyl Acetate Ethylene Copolymer Powder Market

Over the course of the projected period, the market for vinyl acetate ethylene copolymer powder is anticipated to expand significantly. The market is predicted to be propelled by the product’s increased demand from a variety of end-use sectors, including construction, adhesives, and paints & coatings. Another significant element anticipated to fuel market growth over the projection period is the product’s use as a binder in the manufacture of non-woven fabrics.

The market is further divided into North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa based on geography. Due to the presence of significant manufacturers there, North America is anticipated to hold the top spot in the market for vinyl acetate ethylene copolymer powder during the forecast period. Over the forecast period, Asia Pacific is anticipated to have the product’s fastest-expanding market.

Market Trends for Vinyl Acetate Ethylene Copolymer Powder

A thermoplastic resin called vinyl acetate ethylene copolymer powder is used in many products like coatings, films, and adhesives. It is a vinyl acetate and ethylene copolymer that comes in a variety of grades depending on how much vinyl acetate is present. It may be used in a variety of temperature situations and has strong chemical resistance. The growing demand from the adhesives and sealants sector is what is driving the market for vinyl acetate ethylene copolymer powder globally. The construction and automotive industries use the powder as an adhesive. In situations involving food packaging, it also serves as a sealer. The powder can be employed in a variety of temperature situations and has excellent bonding strength.

The market for vinyl acetate ethylene copolymer powder is also being propelled by an increase in demand from the coating and film sectors. The powder is used to make industrial coatings, lamination films, and flexible packaging films. It has high barrier qualities and works well in a variety of temperature ranges.

The growing demand from the construction industry is another factor driving the market for vinyl acetate ethylene copolymer powder globally. The powder is used to make coatings, sealants, and adhesives for construction. It has a strong bonding ability and works well in a variety of temperature ranges. Due to rising demand from the construction, adhesives, and film sectors, the global vinyl acetate ethylene copolymer powder market is anticipated to expand significantly over the next few years.

Covid-19 Impact of the Vinyl Acetate Ethylene Copolymer Powder Market

The demand for Vinyl Acetate Ethylene Copolymer (VAE) powder has significantly decreased as a result of the COVID-19 epidemic, which has affected a number of end-use sectors. Because of this, VAE powder prices have recently decreased significantly. However, once the end-use sectors resume their activities in the next few months, the market is anticipated to rebound.

Vinyl acetate and ethylene are copolymers, and VAE powder is a common ingredient in sealants, coatings, and adhesives. Additionally, it serves as a binder in the paper and pulp sector and is used in the manufacture of non-woven fabrics. The VAE powder market has suffered as a result of the COVID-19 epidemic, which has decreased demand for certain end-use items.

Because of the COVID-19 pandemic, China, the world’s largest manufacturer of VAE powder, has seen a sharp drop in demand from end-use businesses. As a result, VAE powder costs have dropped significantly on the Chinese market. However, once China’s end-use sectors resume production in the following months, the market is anticipated to rebound. Due to the COVID-19 epidemic, there is a decrease in demand for VAE powder from the adhesives and sealants business in Europe. The non-woven fabric business has, however, continued to see strong demand. Because of this, VAE powder costs have decreased on the European market.

The COVID-19 epidemic has also led to a decline in demand from the North American market for VAE powder. In North America, the primary end-use market for VAE powder is the adhesives and sealants sector. However, the COVID-19 pandemic epidemic has decreased demand from this sector. The cost of VAE powder has consequently decreased in the North American market.

Key industry developments in the vinyl acetate ethylene copolymer powder market

A vinyl copolymer resin called vinyl acetate ethylene copolymer powder (VAE) is created when vinyl acetate and ethylene are copolymerized. It comes in the form of a white, freely flowing powder that is insoluble in waterreated when vinyl acetate and ethylene are copolymerized. It comes in the form of a white, freely flowing powder that is insoluble in water. In coatings, sealants, and adhesives, VAE powder is frequently utilised. It has exceptional moisture resistance and great adhesive qualities. Additionally, VAE powder is used to make sheets and films.

From 2019 to 2024, the market for vinyl acetate ethylene copolymer powder is anticipated to expand at a CAGR of 5.5%. The market is expanding as a result of the rising demand from the adhesives and sealants sector. More than 50% of the overall demand for VAE powder is satisfied by the adhesives and sealants sector. The market for vinyl acetate ethylene copolymer powder is expanding as a result of the rising demand for pressure-sensitive adhesives, hot-melt adhesives, and construction adhesives. This is also driving the growth of the adhesives and sealant sector.

The largest market for vinyl acetate ethylene copolymer powder is in the Asia-Pacific region, which is also predicted to develop at the greatest CAGR over the forecast period. The region’s market is expanding as a result of China, India, and Japan’s expanding need for adhesives and sealants. The largest market for adhesives & sealants is China, and during the projected period, China is anticipated to develop at the greatest CAGR. The demand for adhesives and sealants is being driven by the expanding construction industries in China and India, which is also boosting the demand for vinyl acetate ethylene copolymer powder in the area.

Future Prospects for the Vinyl Acetate Ethylene Copolymer Powder Market

From 2019 to 2024, the vinyl acetate ethylene copolymer powder market is anticipated to expand at a CAGR of 5.5%. The market is primarily being stimulated by the expanding usage of copolymers in automotive and construction applications. Vinyl acetate and ethylene are copolymerized to create vinyl acetate/ethylene copolymer powder, a thermoplastic resin. It is a white, freely flowing powder that exhibits strong chemical resistance but is insoluble in water. It is extensively used in coatings, adhesives, and construction applications.

The main market for vinyl acetate ethylene copolymer powder is the construction industry. It is employed in the creation of paints, adhesives, and building sealants. The second-largest consumer of vinyl acetate ethylene copolymer powder is the automotive industry. It is employed in the creation of adhesives, coatings, and sealants for automobiles. The biggest market for vinyl acetate ethylene copolymer powder is in the Asia-Pacific region. During the projection period, the region is anticipated to develop at the greatest CAGR. The increasing use of copolymers in construction and automotive applications in the region is what is fueling the growth of the Asia-Pacific market.

By End-use Industry

 

 

    • Building & construction
    • Paints and coatings
    • Textiles
    • Others
By Application

 

 

    • Redespersible powders
    • Carpet-backings
    • Apparel and textile finishing processes
    • Waterproofing coatings
    • Glass-fiber sizing & binder technologies
    • Other

Vinyl acetate ethylene Copolymer powder market includes Dow, Synthomer plc, Celanese Corporation, Hexion Inc., Wacker Chemie AG, Ashland, Air Products and Chemicals, Inc., Akzo Nobel N.V., Sidley Chemical Co., Ltd., BASF SE, Shaanxi Xutai Technology co.,ltd. and others.

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