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Vinyl Acetate Market Growth, Analysis

Vinyl Acetate Market Growth, Analysis

Submitted by • October 26, 2020 www.expertmarketresearch.com

The global vinyl acetate monomer market size was valued at USD 6,719.1 million in 2014. It is expected to grow with a CAGR of 5.7% from 2015 to 2020, in terms of revenue. The growth of the global adhesives industry on account of increasing demand from major end-use industries such as furniture automobiles and construction is expected to remain a key driving factor for the global vinyl acetate monomer (VAM) market over the next six years. Vinyl acetate is one of the most important monomers widely used for manufacturing adhesives owing to the enhanced adhesive, fiber-forming, optical and electrical properties. It is a significant chemical building material that is used for manufacturing industrial and consumer products.

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