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Vinyl Acetate Monomer Pricing Report 2024: Price Trend, Chart, Market Analysis, News, Demand, Historical and Forecast Data
Report Format: PDF+Excel | Report ID: SR112024A22716
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Vinyl Acetate Monomer Prices June 2023
|
Product
|
Category | Region | Price |
|---|---|---|---|
| Vinyl Acetate Monomer | Feedstock | USA | 1693 USD/MT |
| Vinyl Acetate Monomer | Feedstock | China | 711 USD/MT |
| Vinyl Acetate Monomer | Feedstock | Germany | 1356 USD/MT |
The price of vinyl acetate monomer (VAM) in the United States witnessed a decline across Q2, caused by the continuous drop in acetic acid prices throughout the second quarter. With market pricing concluding at 1693 USD/MT in June, the rising interest rate in the US market created negative market sentiments in the US.
The price trend for VAM in China experienced a decline due to weak demand from the downstream paints & coating industry. In the 2023, June, the market reached 711 USD/MT as the demand from the international market declined significantly due to a weak global economic outlook and economic uncertainty, creating an overall pessimistic market view in China.
In Germany, VAM prices reached 1356 USD/MT, showing a bearish trend. This can be attributed to a decline in demand from the downstream paints and coating industry, as well as decreased demand from polyvinyl alcohol (PVOH) and ethylene-vinyl acetate (EVA) throughout Q2. Additionally, the prices of feedstock acetic acid have also declined, further impacting the prices of VAM in the German market.
Vinyl Acetate Monomer Price Trend, Market Analysis, and News
IMARC’s newly published report, titled “Vinyl Acetate Monomer Pricing Report 2024: Price Trend, Chart, Market Analysis, News, Demand, Historical and Forecast Data,” offers an in-depth analysis of vinyl acetate monomer pricing, covering an analysis of global and regional market trends and the critical factors driving these price movements.
It encompasses an in-depth review of spot price of vinyl acetate monomer at major ports, a breakdown of prices including Ex Works, FOB, and CIF, alongside a region-wise dissection of vinyl acetate monomer price trend across North America, Europe, Asia Pacific, Latin America, the Middle East and Africa.
The report examines the elements influencing vinyl acetate monomer price fluctuations, such as changes in raw material costs, supply-demand dynamics, geopolitical factors, and industry-specific developments. Additionally, it integrates the latest market news, providing stakeholders with up-to-date information on market shifts, regulatory changes, and technological advancements, thereby offering a comprehensive overview that aids in strategic decision-making and forecasting.
Vinyl Acetate Monomer Market Analysis
The global VAM market size reached US$ 8.9 Billion in 2023. By 2032, IMARC Group expects the market to reach US$ 13.4 Billion, at a projected CAGR of 4.70% during 2023-2032.
- The expansion of the packaging industry, particularly for food and medical products, is driving the demand for VAM due to its use in creating adhesives and coatings that enhance durability and provide essential barriers against contaminants.
- Increasing global construction activities have fueled the demand for paints, sealants, and adhesives made from VAM, essential for building finishes, waterproofing, and joint sealants, thereby bolstering VAM consumption.
- Moreover, as the automotive industry evolves, the need for lightweight and durable materials like VAM-based adhesives and sealants in assembling parts and enhancing vehicle longevity surges, contributing to the market growth.
- Besides this, the significant shift towards eco-friendly adhesives, particularly water-based varieties, which rely heavily on VAM due to their low VOC emissions and excellent adhesive properties, suitable for both industrial and residential uses is strengthening the market growth.
- Additionally, the widespread product utilization in producing EVA copolymers used in textile applications like binders and coatings for enhancing fabric durability and adding waterproof qualities to outdoor and sports apparel is bolstering the market growth.
- Concurrently, the increasing use of VAM in the production of adhesives and coatings for footwear, contributing to the durability and aesthetic qualities of shoes is also providing an impetus to the market growth.
- In line with this, the rise in solar energy installations spurring the demand for durable and efficient panel encapsulants made from EVA copolymers derived from VAM to support the longevity and efficiency of solar panels is aiding in market expansion.
- Furthermore, stringent environmental regulations pushing the chemical industry towards less harmful substances like VAM-based products, especially water-based adhesives and coatings, are presenting lucrative opportunities for the market growth.
- Apart from this, continuous innovation in chemical formulations involving VAM leading to higher-performance products in adhesives, coatings, and sealants, thereby enhancing their appeal and utility across various industries is propelling the market forward.
Vinyl Acetate Monomer News
The report covers the latest developments, updates, and trends impacting the global vinyl acetate monomer market, providing stakeholders with timely and relevant information. This segment covers a wide array of news items, including the inauguration of new production facilities, advancements in vinyl acetate monomer production technologies, strategic market expansions by key industry players, and significant mergers and acquisitions that impact the vinyl acetate monomer price trend.
Latest developments in the vinyl acetate monomer industry:
- In February 2023, Celanese Corporation announced the completion of an ultra-low capital initiative to repurpose existing manufacturing and infrastructure assets to enable extra EVA capacity at its Edmonton, Alberta site. The development will help the Acetyl Chain's downstream vinyl offering expand significantly.
- In February 2023, The Mitsubishi Chemical Group (the MCG Group) announced it would establish a new facility at the Okayama Plant to enhance the production capacity of GOHSENX™ and Nichigo G-Polymer™, specialty brands of PVOH resin. The facility is planned to start operation in October 2024.
Product Description
VAM is an organic compound characterized by its colorless liquid with a pungent odor. It is majorly consumed as a chemical building block in the construction of various polymers and resins. This compound is produced industrially via the reaction of acetic acid and ethylene in the presence of a catalyst.
VAM is widely utilized across numerous industries due to its versatility in forming other industrial materials. Its primary application is in the manufacture of polyvinyl acetate (PVA), which is used to produce adhesives, paints, and coatings. VAM is also a key ingredient in the production of PVOH, which is used in textile sizing agents and as a film-forming agent in the pharmaceutical industry. Additionally, this compound is used to make EVA copolymers, which are integral to solar panel encapsulants and packaging materials.
Regional Coverage
The report provides a detailed analysis of the vinyl acetate monomer market across different regions, each with unique pricing dynamics influenced by localized market conditions, supply chain intricacies, and geopolitical factors. This includes price trends, price forecast and supply and demand trends for each region, along with spot prices by major ports. The report also provides coverage of ex-works, FOB, and CIF prices, as well as the key factors influencing the vinyl acetate monomer price trend.
Global Vinyl Acetate Monomer Price
The report offers a holistic view of the global vinyl acetate monomer pricing trends in the form of vinyl acetate monomer price charts, reflecting the worldwide interplay of supply-demand balances, international trade policies, and overarching economic factors that shape the market on a macro level. This comprehensive analysis not only highlights current price of vinyl acetate monomer but also provides insights into historical price trends, enabling stakeholders to understand past fluctuations and their underlying causes.
The report also delves into price forecast models, projecting future price movements based on a variety of indicators such as expected changes in supply chain dynamics, anticipated policy shifts, and emerging market trends. By examining these factors, the report equips industry participants with the necessary tools to make informed strategic decisions, manage risks, and capitalize on market opportunities. Furthermore, it includes a detailed vinyl acetate monomer demand analysis, breaking down regional variations and identifying key drivers specific to each geographic market, thus offering a nuanced understanding of the global pricing landscape.
Europe Vinyl Acetate Monomer Price
The European region has experienced a bearish trend. Energy markets continued their mixed sentiments amidst declining prices providing regional variability in pricing over a short period. European Commission’s refurbishment and sustainable energy transition schemes continue to provide stable demand for vinyl acetate through the paints and adhesives end-use segment. Furthermore, a marginal uptick in procurement was also observed in the adhesives and sealant downstream sector as tightened supply was observed in the market.
This analysis can be extended to include detailed vinyl acetate monomer price information for a comprehensive list of countries.
| Region | Countries Covered |
|---|---|
| Europe | Germany, France, United Kingdom, Italy, Spain, Russia, Turkey, Netherlands, Poland, Sweden, Belgium, Austria, Ireland, Switzerland, Norway, Denmark, Romania, Finland, Czech Republic, Portugal, and Greece, among other European countries. |
North America Vinyl Acetate Monomer Price
In North America, the VAM market has witnessed a bearish trend with domestic supply lines. Energy markets continued their mixed sentiments amidst declining costs providing regional variability in pricing over a short period. Energy costs remained lower than their counterparts in Europe and Asia, providing better price points and chemical margins for domestic producers.
Specific vinyl acetate monomer historical data within the United States and Canada can also be provided.
| Region | Countries Covered |
|---|---|
| North America | United States and Canada |
Middle East and Africa Vinyl Acetate Monomer Price
The report explores the vinyl acetate monomer pricing trends in the Middle East and Africa, considering factors like regional industrial growth, the availability of natural resources, and geopolitical tensions that uniquely influence market prices.
In addition to region-wise data, information on vinyl acetate monomer prices for countries can also be provided.
| Region | Countries Covered |
|---|---|
| Middle East & Africa | Saudi Arabia, UAE, Israel, Iran, South Africa, Nigeria, Oman, Kuwait, Qatar, Iraq, Egypt, Algeria, and Morocco, among other Middle Eastern and African countries. |
Asia Pacific Vinyl Acetate Monomer Price
The VAM pricing in the Asia Pacific region showed mixed sentiment. The China and Japan markets remained bullish, largely owing to a recovery in Chinese manufacturing and an improvement in Japan’s exports. Demand from the construction sector also remained weak due to seasonality and labor markets tightening in the APAC region. Chinese stimulus had limited success in recovering the demand for VAM.
This vinyl acetate monomer price analysis can be expanded to include a comprehensive list of countries within the region.
| Region | Countries Covered |
|---|---|
| Asia Pacific | China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Thailand, South Korea, Malaysia, Nepal, Taiwan, Sri Lanka, Hongkong, Singapore, Australia, and New Zealand, among other Asian countries. |
Latin America Vinyl Acetate Monomer Price
The analysis of vinyl acetate monomer prices in Latin America provides a detailed overview, reflecting the unique market dynamics in the region influenced by economic policies, industrial growth, and trade frameworks.
This comprehensive review can be extended to include specific countries within the region.
| Region | Countries Covered |
|---|---|
| Latin America | Brazil, Mexico, Argentina, Columbia, Chile, Ecuador, and Peru, among other Latin American countries. |
Report Coverage
| Key Attributes | Details |
|---|---|
| Product Name | Vinyl Acetate Monomer |
| Report Features | Exploration of Historical Trends and Market Outlook, Industry Demand, Industry Supply, Gap Analysis, Challenges, Vinyl Acetate Monomer Price Analysis, and Segment-Wise Assessment. |
| Currency/Units | US$ (Data can also be provided in local currency) or Metric Tons |
| Region/Countries Covered | The current coverage includes analysis at the global and regional levels only. Based on your requirements, we can also customize the report and provide specific information for the following countries: Asia Pacific: China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Thailand, South Korea, Malaysia, Nepal, Taiwan, Sri Lanka, Hongkong, Singapore, Australia, and New Zealand* Europe: Germany, France, United Kingdom, Italy, Spain, Russia, Turkey, Netherlands, Poland, Sweden, Belgium, Austria, Ireland, Switzerland, Norway, Denmark, Romania, Finland, Czech Republic, Portugal and Greece* North America: United States and Canada Latin America: Brazil, Mexico, Argentina, Columbia, Chile, Ecuador, and Peru* Middle East & Africa: Saudi Arabia, UAE, Israel, Iran, South Africa, Nigeria, Oman, Kuwait, Qatar, Iraq, Egypt, Algeria, and Morocco* *The list of countries presented is not exhaustive. Information on additional countries can be provided if required by the client. |
| Information Covered for Key Suppliers |
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| Customization Scope | The report can be customized as per the requirements of the customer |
| Report Price and Purchase Option |
Plan A: Monthly Updates - Annual Subscription
Plan B: Quarterly Updates - Annual Subscription
Plan C: Biannually Updates - Annual Subscription
|
| Post-Sale Analyst Support | 360-degree analyst support after report delivery |
| Delivery Format | PDF and Excel through email (We can also provide the editable version of the report in PPT/Word format on special request) |
Key Benefits for Stakeholders:
- IMARC’s report presents a detailed analysis of vinyl acetate monomer pricing, covering global and regional trends, spot prices at key ports, and a breakdown of Ex Works, FOB, and CIF prices.
- The study examines factors affecting vinyl acetate monomer price trend, including raw material costs, supply-demand shifts, geopolitical impacts, and industry developments, offering insights for informed decision-making.
- The competitive landscape review equips stakeholders with crucial insights into the latest market news, regulatory changes, and technological advancements, ensuring a well-rounded, strategic overview for forecasting and planning.
- IMARC offers various subscription options, including monthly, quarterly, and biannual updates, allowing clients to stay informed with the latest market trends, ongoing developments, and comprehensive market insights. The vinyl acetate monomer price charts ensure our clients remain at the forefront of the industry.
Need more help?
- Speak to our experienced analysts for insights on the current market scenarios.
- Include additional segments and countries to customize the report as per your requirement.
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- For further assistance, please connect with our analysts.
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