Vinyl Acetate Monomer (VAM) Market Analysis By Application (Polyvinyl Acetate, Polyvinyl Alcohol, Ethylene Vinyl Acetate, Ethylene Vinyl Alcohol) And Segment Forecasts To 2020

Published: Jan, 2015 | Pages: 80 | Publisher: Grand View Research
Industry: Chemicals | Report Format: Electronic (PDF)

The global VAM market is expected to reach USD 9.86 billion by 2020. Increasing adhesive demand from key industries such as construction, automotive and furniture is expected to drive VAM market growth. Increasing paints & coatings demand, particularly in Asia Pacific and Latin America, is also expected to further impact market demand positively over the next six years. Stringent environmental regulations and volatile raw material prices are expected to remain key challenges for market participants over the forecast period.

Increasing shale gas exploration in the U.S. is expected to benefit the market in terms of ethylene supply, which is a key VAM feedstock and is expected to benefit the market supply. Polyvinyl acetate (PVA) and polyvinyl alcohol (PVOH) were the major application segments which together accounted for over 85% of total market volume in 2013.

Further key findings from the study suggest:

Global VAM market demand was 5,886.4 kilo tons in 2013 and is expected to reach 7,934.2 kilo tons by 2020, growing at a CAGR of 4.4% from 2014 to 2020.
Increasing use of photovoltaic cells is expected to drive ethylene vinyl acetate (EVA) demand which in turn is expected to have a positive impact on the global VAM market. VAM demand from EVA was valued USD 485.9 million in 2013.
Ethylene vinyl alcohol (EVOH) is expected to register the highest growth rate over the forecast period owing to its increasing demand in packaging, polymer production and plastic bottling applications. VAM demand for EVOH is expected to grow at an estimated CAGR of 5.1% from 2014 to 2020.
Asia Pacific was the largest consuming region and accounted for 47.1% of the total market volume in 2013. Increasing construction spending coupled with growing automotive production in emerging markets of China and India is expected to drive the regional market. Asia Pacific is also expected to witness the highest growth rate over the next five years. The region is expected to grow at an estimated CAGR of 4.7% from 2014 to 2020.
Global VAM market is moderately concentrated with top four companies; Celanese Corp., Diaren Chemical Corp., Sinopec and LyondellBasell, accounting for just over 50% of the total market in 2013. Competition in the market is primarily characterized by pricing and service offering. Other major companies operating in the market include Dow Chemical Co., Kuraray, Sipchem, Ningxia Yinglite, Wacker Chemie, and Japan VAM & POVAL.
For the purpose of this study, Grand View Research has segmented the VAM market on the basis of application and region:

Global Vinyl Acetate Monomer (VAM) Application Outlook (Volume, Kilo Tons; Revenue, USD Million, 2012 - 2020)
Polyvinyl Acetate
Polyvinyl Alcohol
Ethylene Vinyl Acetate
Ethylene Vinyl Alcohol
Others
Global Vinyl Acetate Monomer (VAM) Regional Outlook (Volume, Kilo Tons; Revenue, USD Million, 2012 - 2020)
North America
Europe
Asia Pacific
RoW

 Table of Contents
Chapter 1 Executive Summary

                1.1 Vinyl Acetate Monomer (VAM) - Industry Summary & Critical Success Factors (CSFs)

Chapter 2 Vinyl Acetate Monomer (VAM) Industry Outlook

                2.1 Market Segmentation

                2.2 Market Size and Growth Prospects

                2.3 VAM Value Chain Analysis

                2.4 VAM Market Dynamics

                    2.4.1 Market driver analysis

                        2.4.1.1 Growing adhesives demand

                        2.4.1.2 Growing paints and coatings demand

                        2.4.1.3 Growth of packaging industry

                    2.4.2 Market restraint analysis

                        2.4.2.1 Volatile raw material prices

                2.5 Key Opportunities Prioritized

                2.6 Industry Analysis - Porter's

                2.7 VAM - Company Market Share Analysis

                2.8 VAM - PESTEL Analysis 

Chapter 3 Vinyl Acetate Monomer (VAM) Application Outlook

                3.1 Global VAM market share by application, 2013 & 2020

                3.2 Polyvinyl Acetate (PVA)

                    3.2.1 Market estimates and forecast, 2012-2020 (Kilo Tons) (USD Million)

                    3.2.2 Market estimates and forecast by region, 2012-2020 (Kilo Tons) (USD Million)

                3.3 Polyvinyl Alcohol (PVOH)

                    3.3.1 Market estimates and forecast, 2012-2020 (Kilo Tons) (USD Million)

                    3.3.2 Market estimates and forecast by region, 2012-2020 (Kilo Tons) (USD Million)

                3.4 Ethylene-Vinyl Acetate (EVA)

                    3.4.1 Market estimates and forecast, 2012-2020 (Kilo Tons) (USD Million)

                    3.4.2 Market estimates and forecast by region, 2012-2020 (Kilo Tons) (USD Million)

                3.5 Ethylene-Vinyl Alcohol (EVOH)

                    3.5.1 Market estimates and forecast, 2012-2020 (Kilo Tons) (USD Million)

                    3.5.2 Market estimates and forecast by region, 2012-2020 (Kilo Tons) (USD Million)

                3.6 Others

                    3.6.1 Market estimates and forecast, 2012-2020 (Kilo Tons) (USD Million)

                    3.6.2 Market estimates and forecast by region, 2012-2020 (Kilo Tons) (USD Million)

Chapter 4 Vinyl Acetate Monomer (VAM) Regional Outlook

                4.1 Global VAM market share by region, 2013 & 2020

                4.2 North America

                    4.2.1 Market estimates and forecast, 2012-2020 (Kilo Tons) (USD Million)

                    4.2.2 Market estimates and forecast by application, 2012-2020 (Kilo Tons) (USD Million)

                4.3 Europe

                    4.3.1 Market estimates and forecast, 2012-2020 (Kilo Tons) (USD Million)

                    4.3.2 Market estimates and forecast by application, 2012-2020 (Kilo Tons) (USD Million)

                4.4 Asia Pacific

                    4.4.1 Market estimates and forecast, 2012-2020 (Kilo Tons) (USD Million)

                    4.4.2 Market estimates and forecast by application, 2012-2020 (Kilo Tons) (USD Million)

                4.5 RoW

                    4.5.1 Market estimates and forecast, 2012-2020 (Kilo Tons) (USD Million)

                    4.5.2 Market estimates and forecast by application, 2012-2020 (Kilo Tons) (USD Million)

Chapter 5 Competitive Landscape

                5.1 Celanese Corporation

                    5.1.1 Company Overview

                    5.1.2 Financial Performance

                    5.1.3 Product Benchmarking

                    5.1.4 Strategic Initiatives

                5.2 LyondellBasell Industries

                    5.2.1 Company Overview

                    5.2.2 Financial Performance

                    5.2.3 Product Benchmarking

                    5.2.4 Strategic Initiatives

                5.3 The Dow Chemical Company

                    5.3.1 Company Overview

                    5.3.2 Financial Performance

                    5.3.3 Product Benchmarking

                    5.3.4 Strategic Initiatives

                5.4 DuPont

                    5.4.1 Company Overview

                    5.4.2 Financial Performance

                    5.4.3 Product Benchmarking

                    5.4.4 Strategic Initiatives

                5.5 Kuraray

                    5.5.1 Company Overview

                    5.5.2 Financial Performance

                    5.5.3 Product Benchmarking

                    5.5.4 Strategic Initiatives

                5.6 Ineos

                    5.6.1 Company Overview

                    5.6.2 Financial Performance

                    5.6.3 Product Benchmarking

                    5.6.4 Strategic Initiatives

                5.7 Chang Chun Group

                    5.7.1 Company Overview

                    5.7.2 Financial Performance

                    5.7.3 Product Benchmarking

                    5.7.4 Strategic Initiatives

                5.8 Dairen Chemical Corp

                    5.8.1 Company Overview

                    5.8.2 Financial Performance

                    5.8.3 Product Benchmarking

                    5.8.4 Strategic Initiatives

                5.9 Sinopec

                    5.9.1 Company Overview

                    5.9.2 Financial Performance

                    5.9.3 Product Benchmarking

                    5.9.4 Strategic Initiatives

                5.10 Sipchem

                    5.10.1 Company Overview

                    5.10.2 Financial Performance

                    5.10.3 Product Benchmarking

                    5.10.4 Strategic Initiatives

                5.11 Wacker Chemie

                    5.11.1 Company Overview

                    5.11.2 Financial Performance

                    5.11.3 Product Benchmarking

                    5.11.4 Strategic Initiatives

                5.12 Ningxia Yinglite

                    5.12.1 Company Overview

                    5.12.2 Financial Performance

                    5.12.3 Product Benchmarking

                    5.12.4 Strategic Initiatives

                5.13 Acetex Chimie

                    5.13.1 Company Overview

                    5.13.2 Financial Performance

                    5.13.3 Product Benchmarking

                    5.13.4 Strategic Initiatives

                5.14 JAPAN VAM & POVAL

                    5.14.1 Company Overview

                    5.14.2 Financial Performance

                    5.14.3 Product Benchmarking

                    5.14.4 Strategic Initiatives

                5.15 Stavrolen

                    5.15.1 Company Overview

                    5.15.2 Financial Performance

                    5.15.3 Product Benchmarking

                    5.15.4 Strategic Initiatives

                5.16 SSME AZOT Association

                    5.16.1 Company Overview

                    5.16.2 Financial Performance

                    5.16.3 Product Benchmarking

                    5.16.4 Strategic Initiatives

                5.17 Doljchim

                    5.17.1 Company Overview

                    5.17.2 Financial Performance

                    5.17.3 Product Benchmarking

                    5.17.4 Strategic Initiatives

                5.18 Achema

                    5.18.1 Company Overview

                    5.18.2 Financial Performance

                    5.18.3 Product Benchmarking

                    5.18.4 Strategic Initiatives

Chapter 6 Methodology & Scope

                6.1 Research Methodology

                6.2 Research Scope & Assumptions

                6.3 List of Data Sources


List of Tables


1. Global VAM market volume and revenue, 2012-2020 ( Kilo Tons) (USD Million)
2. Global VAM market volume by region, 2012-2020  (Kilo Tons)
3. Global VAM market revenue by region, 2012-2020 (USD Million)
4. Global VAM market volume by application, 2012-2020  (Kilo Tons)
5. Global VAM market revenue by application, 2012-2020 (USD Million)
6. Global VAM market estimates and forecast from polyvinyl acetate, 2012-2020 (Kilo Tons) (USD Million)
7. Global VAM market volume estimates and forecast from polyvinyl acetate by region, 2012-2020 (Kilo Tons) 
8. Global VAM market revenue estimates and forecast from polyvinyl acetate by region, 2012-2020 (USD Million) 
9. Global VAM market estimates and forecast from polyvinyl alcohol, 2012-2020 (Kilo Tons) (USD Million)
10. Global VAM market volume estimates and forecast from polyvinyl alcohol by region, 2012-2020 (Kilo Tons) 
11. Global VAM market revenue estimates and forecast from polyvinyl alcohol by region, 2012-2020 (USD Million) 
12. Global VAM market estimates and forecast from ethyl-vinyl acetate, 2012-2020 (Kilo Tons) (USD Million)
13. Global VAM market volume estimates and forecast from ethyl-vinyl acetate by region, 2012-2020 (Kilo Tons)
14. Global VAM market revenue estimates and forecast from ethyl-vinyl acetate by region, 2012-2020 (USD Million)
15. Global VAM market estimates and forecast from ethyl-vinyl alcohol, 2012-2020 (Kilo Tons) (USD Millions)
16. Global VAM volume estimates and forecast from ethyl-vinyl alcohol by region, (Kilo Tons)
17. Global VAM revenue estimates and forecast from ethyl-vinyl alcohol by region, (USD Million)
18. North America VAM market estimates and forecasts, 2012-2020 (Kilo Tons) (USD Million)
19. North America VAM market volume by application, 2012-2020  (Kilo Tons)
20. North America VAM market revenue by application, 2012-2020  (USD million)
21. Europe VAM market estimates and forecasts, 2012-2020 (Kilo Tons) (USD Million)
22. Europe VAM market volume by application, 2012-2020 (Kilo Tons)
23. Europe VAM market revenue by application, 2012-2020  (USD million)
24. Asia Pacific VAM market estimates and forecasts, 2012-2020 (Kilo Tons) (USD Million)
25. Asia Pacific VAM market volume by application, 2012-2020  (Kilo Tons)
26. Asia Pacific VAM market revenue by application, 2012-2020  (USD million)
27. RoW VAM market estimates and forecasts, 2012-2020 (Kilo Tons) (USD Million)
28. RoW VAM market volume by application, 2012-2020  (Kilo Tons)
29. RoW VAM market revenue by application, 2012-2020  (USD million)


List of Figures

1. VAM market segmentation
2. Global VAM market estimates and forecast, 2012 - 2020 (USD Million)
3. VAM- Value chain analysis
4. VAM- Market dynamics
5. VAM- Company market share analysis, 2013
6. Key opportunities prioritized
7. Industry analysis - Porter's
8. VAM PESTL analysis, 2013
9. Global VAM market volume share, by application, 2013 & 2020
10. Global polyvinyl acetate market estimates and forecasts, 2012-2020 (Kilo Tons) (USD Million)
11. Global polyvinyl alcohol market estimates and forecasts, 2012-2020 (Kilo Tons) (USD Million)
12. Global ethylene vinyl acetate market estimates and forecasts, 2012-2020 (Kilo Tons) (USD Million)
13. Global ethylene vinyl alcohol market estimates and forecasts, 2012-2020 (Kilo Tons) (USD Million)
14. Global VAM market volume share, by region, 2013 & 2020
15. North America VAM market estimates and forecast, 2012-2020  (Kilo Tons) (USD Million)
16. Europe VAM market estimates and forecast, 2012-2020 (Kilo Tons) (USD Million)
17. Asia Pacific VAM market estimates and forecast, 2012-2020 (Kilo Tons) (USD Million)
18. RoW VAM market estimates and forecast, 2012-2020 (Kilo Tons) (USD Million)