Vinyl Acetate Monomer Market: Global Industry Analysis and Forecast 2014 - 2020
Persistence Market Research
Vinyl Acetate Monomer Market: Global
Industry Analysis and Forecast 2014 - 2020
Persistence Market Research
1
Vinyl Acetate Monomer Market: Global Industry Analysis and Forecast 2014 - 2020
Persistence Market Research Released New Market Report on “Vinyl Acetate Monomer
Market: Global Industry Analysis and Forecast 2014 - 2020”.
Vinyl Acetate Monomer (VAM) is an organic colorless compound which is made from the
reaction of ethylene and acetic acid with oxygen in the presence of a palladium catalyst. It is an
important chemical building material which is used in a variety of consumer and industrial
products. VAM is a key ingredient for producing intermediates, resins and emulsion polymers
which are used in wires, coatings, adhesives and paints.
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Imports are expected to play a significant role in vinyl acetate monomer (VAM) market in Europe
following the closingof region’s significant production capacity of the chemical. Moreover,
investments in solar power projects, emerging economies and the booming shale gas
production are expected to drive the demand forvinyl acetate monomer. The growing popularity
of shale gas over the recent years, primarily in the U.S. has had a positive effect on the
domestic production of VAM.
Increasing use of shale gas is one of the major factors driving the demand for vinyl acetate
monomer. The market has been witnessing positive growth, due to the continued development
of unconventional sources of gas. Resources such as shale gas require significant amount of
horizontal drilling to cover a large surface area, increasing the rate of production of gas which in
turn have boosted the demand for VAM. However, volatility in the feedstock prices of VAM is
expected to hamper the growth of the...