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    VAE Emulsion Market

    ID: MRFR/CnM/6245-CR
    111 Pages
    Priya Nagrale
    April 2019

    Global VAE Emulsion Market Research Report Information by Type (Ordinary VAE Emulsion, Waterproof VAE Emulsion), by Application (Paints & Coatings, Caulks and Sealants, Re-dispersible Powders, Textiles and Nonwoven, Others), and Region - Forecast till 2035

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    VAE Emulsion Market Infographic
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    VAE Emulsion Market Summary

    As per Market Research Future Analysis, the global VAE Emulsion Market was valued at USD 3,255.8 Mn in 2023 and is projected to reach USD 5,485.7 Mn by 2032, growing at a CAGR of 5.70% from 2024 to 2032. The market is driven by increasing demand in the paints and coatings sector, as well as applications in automotive and construction industries. The rise in awareness of green buildings presents significant opportunities for growth. However, challenges such as supply instability of ethylene and regional pricing discrepancies may hinder market expansion. The Asia-Pacific region dominates the market, accounting for 43.32% of the share, driven by infrastructure investments and demand for paints and coatings.

    Key Market Trends & Highlights

    Key trends influencing the VAE Emulsion Market include sustainability initiatives and regional growth dynamics.

    • Asia-Pacific holds 43.32% market share, driven by demand in India, China, and South Korea.
    • Paints and coatings application accounts for 43.77% of the market share, reflecting growth in the construction sector.
    • CAGR of 6.2% expected in Asia-Pacific during the forecast period, reaching USD 2,221.1 million.
    • Ordinary VAE emulsion has the largest share at 68.17% due to low pricing and minimal VOC content.

    Market Size & Forecast

    2023 Market Size USD 3,255.8 Mn
    2032 Market Size USD 5,485.7 Mn
    CAGR 5.70%

    Major Players

    Wacker Chemie AG, Celanese Corporation, Dairen Chemical Corporation, China Petrochemical Corporation, Vinavil S.p.A., B. Fuller Company, Shanxi Sanwei Group Co., Ltd., S. Adhesives, Inc., Benson Polymers Limited, Richest Group Limited.

    VAE Emulsion Market Drivers

    Market Growth Projections

    Growth in Adhesives and Sealants

    The Global VAE Emulsion Market Industry is significantly influenced by the expanding adhesives and sealants segment. VAE emulsions are increasingly utilized in various applications due to their excellent adhesion properties and flexibility. The demand for adhesives in packaging, automotive, and woodworking industries is on the rise, contributing to the market's expansion. As manufacturers seek high-performance solutions, VAE emulsions are becoming a preferred choice. This trend is expected to continue, with projections indicating a market value of 6.48 USD Billion by 2035, highlighting the potential for sustained growth in this area.

    Rising Demand in Construction Sector

    The Global VAE Emulsion Market Industry experiences a notable surge in demand driven by the construction sector. With the increasing focus on sustainable building materials, VAE emulsions are favored for their eco-friendly properties and versatility. In 2024, the market is projected to reach 3.45 USD Billion, reflecting the industry's adaptation to modern construction needs. The shift towards low-VOC and high-performance coatings further propels this growth. As urbanization continues globally, the need for innovative and durable construction materials is likely to enhance the market's trajectory, suggesting a robust future for VAE emulsions in this sector.

    Technological Advancements in Production

    Technological advancements in the production of VAE emulsions play a crucial role in the Global VAE Emulsion Market Industry. Innovations in manufacturing processes enhance product quality and reduce production costs, making VAE emulsions more competitive. The introduction of advanced polymerization techniques allows for the development of customized emulsions tailored to specific applications. This adaptability is essential in meeting the diverse needs of industries such as paints, coatings, and adhesives. As technology continues to evolve, the market is likely to witness increased efficiency and product differentiation, further driving growth in the coming years.

    Increasing Applications in Consumer Goods

    The Global VAE Emulsion Market Industry is witnessing an increase in applications within the consumer goods sector. VAE emulsions are utilized in a variety of products, including personal care items, textiles, and home care products. Their versatility and performance characteristics make them suitable for enhancing product quality and consumer appeal. As consumer preferences shift towards high-quality and sustainable products, the demand for VAE emulsions is likely to grow. This trend is indicative of the broader market dynamics, suggesting that the consumer goods sector will continue to be a significant driver for the VAE emulsion market.

    Environmental Regulations Favoring Eco-Friendly Products

    The Global VAE Emulsion Market Industry is positively impacted by stringent environmental regulations promoting eco-friendly products. Governments worldwide are implementing policies that encourage the use of low-emission and sustainable materials in various applications. VAE emulsions, known for their reduced environmental footprint, align well with these regulations. As industries strive to comply with environmental standards, the demand for VAE emulsions is expected to rise. This trend not only supports market growth but also fosters innovation in developing greener alternatives, positioning VAE emulsions as a key player in the transition towards sustainable practices.

    Industry Developments

    In Mar 2021

    The worldwide specialty materials and chemical company Celanese Corporation has introduced significant facility expansions, novel unit builds, and necessary debottlenecking projects in Asia and Europe. Likely, the company has aimed to achieve its goal by gaining the world's leading vinyl acetate and emulsion polymers producer.

    In April 2020

    The prominent player Synthomer plc acquired Omnova solutions, a major water-based polymer solutions supplier. It has aimed to strengthen the business working of emulsion and operational capabilities of Synthomer plc worldwide.

    Dairen Chemical Corporation, Qore®, and The LYCRA Company merged forces in May 2024 to create a renewable LYCRA® fiber. Consequently, Dairen’s conversion of QIRA® into low-impact PTMEG marks a significant milestone towards sustainable fibre production (DCC)​​ (Lycra).

    In May 2024, Dairen Chemical Corporation was given the EcoVadis Gold Medal for its commitment to sustainability​ (DCC).

    Celanese announced plans on April 2024 that it would expand VAE emulsions production in Nanjing, China so as to cater to growing market demand​.

    Wacker, on March 2024, revealed its new line of VAE emulsions for adhesive and coating high-performance applications, which is based on their continuous innovation and market pull strategies​.

     

    Future Outlook

    VAE Emulsion Market Future Outlook

    The VAE Emulsion Market is projected to grow at a 5.89% CAGR from 2024 to 2035, driven by increasing demand in construction, automotive, and adhesives sectors.

    New opportunities lie in:

    • Develop eco-friendly VAE emulsions to meet sustainability regulations. Invest in R&D for high-performance coatings and adhesives applications. Expand distribution networks in emerging markets to capture new customer segments.

    By 2035, the VAE Emulsion Market is poised for robust growth, reflecting evolving industry needs and innovations.

    Market Segmentation

    In Mar 2021

    • Recent Developments
    • Competitive Landscape
    • Regional Analysis
    • Market Segmentation
    • Value Chain Analysis
    • Market Dynamics
    • COVID 19 Analysis
    • Market Overview

    In April 2020

    • Recent Developments
    • Competitive Landscape
    • Regional Analysis
    • Market Segmentation
    • Value Chain Analysis
    • Market Dynamics
    • COVID 19 Analysis
    • Market Overview

    Report Overview

    • Recent Developments
    • Competitive Landscape
    • Regional Analysis
    • Market Segmentation
    • Value Chain Analysis
    • Market Dynamics
    • COVID 19 Analysis
    • Market Overview

    Recent Developments

    • Recent Developments
    • Competitive Landscape
    • Regional Analysis
    • Market Segmentation
    • Value Chain Analysis
    • Market Dynamics
    • COVID 19 Analysis
    • Market Overview

    Competitive Landscape

    • Richest Group Limited (China)
    • Benson Polymers Limited (India)
    • S. Adhesives
    • Inc. (U.S.)
    • Shanxi Sanwei Group Co.
    • Ltd. (China
    • )
    • B. Fuller Company (U.S.)
    • Vinavil S.p.A. (Italy)
    • China Petrochemical Corporation (China)
    • Dairen Chemical Corporation (China)
    • Celanese Corporation (U.S.)
    • Wacker Chemie AG (Germany)

    Report Scope

    Report Attribute/Metric Details
    Market Size 2023 USD 3,255.8 Million
    Market Size 2024 USD 3,452.6 Million
    Market Size 2032 USD 5,485.7 Million
    CAGR 5.45%
    Base Year 2023
    Forecast Period 2024-2032
    Historical Data 2019
    Forecast Units Value (USD Million)
    Report Coverage  Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
    Segments Covered  By Type, Application and Region
     Geographies Covered  North America, Europe, Asia-Pacific, and Rest of the World (RoW)
      Key Vendors  Wacker Chemie AG (Germany),Celanese Corporation (U.S.),Dairen Chemical Corporation (China),China Petrochemical Corporation (China),Vinavil S.p.A. (Italy),B. Fuller Company (U.S.),Shanxi Sanwei Group Co., Ltd. (China,),S. Adhesives, Inc. (U.S.),Benson Polymers Limited (India),Richest Group Limited (China)
      Key Market Opportunities  The increase in awareness of green buildings to reduce emissions of harmful gasses to prevent global warming acts as an opportunity
      Key Market Drivers  The emergence of extensive use of vinyl-acetate ethylene emulsion across various industries such as construction, automotive, wood and wood-based packaging

    Market Highlights

    Author
    Priya Nagrale
    Senior Research Analyst

    With an experience of over five years in market research industry (Chemicals & Materials domain), I gather and analyze market data from diverse sources to produce results, which are then presented back to a client. Also, provide recommendations based on the findings. As a Senior Research Analyst, I perform quality checks (QC) for market estimations, QC for reports, and handle queries and work extensively on client customizations. Also, handle the responsibilities of client proposals, report planning, report finalization, and execution

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    FAQs

    Who are the major market players in the global vinyl-acetate ethylene emulsion market?

    Celanese Corporation (U.S.), Wacker Chemie AG (Germany), China Petrochemical Corporation (China), Dairen Chemical Corporation (China), Benson Polymers Limited (India), H.B. Fuller Company (U.S.), Richest Group Limited (China), U.S. Adhesives, Inc. (U.S.), Shanxi Sanwei Group Co., Ltd. (China), and others are the top players in the vinyl-acetate ethylene emulsion market in the global market.

    What is the expected CAGR growth and value during the forecasted period?

    The expected CAGR rate is 5.70% with a valuation of USD 5,485.7 million in the global vinyl-acetate ethylene emulsion market during the forecasted period from 2025-2035.

    Which region is the dominating region during the forecasted period from 2019 to 2035 in the vinyl-acetate ethylene emulsion market in the global market?

    Asia-Pacific region dominates the global market followed by the Middle East and Africa region. The American region is also growing at a fast speed in the vinyl-acetate ethylene emulsion market during the forecasted period from 2024-2035

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