Global Vinyl Acetate Monomer Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Application;

Polyvinyl Acetate (PAVc), Polyvinyl Alcohol (PVOH or PVA), Ethylene-Vinyl Acetate (EVA), Ethylene-Vinyl Alcohol (EVOH), and Others.

By End Use;

Packaging, Construction, Textile, Adhesives, and Others.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn120543656 Published Date: January, 2025 Updated Date: February, 2025

Introduction

Global Vinyl Acetate Monomer Market (USD Million), 2021 - 2031

In the year 2024, the Global Vinyl Acetate Monomer Market was valued at USD 8,052.58 million. The size of this market is expected to increase to USD 11,559.36 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 5.3%.

The global vinyl acetate monomer (VAM) market is a vital segment of the chemical industry, driven by the growing demand for VAM as a key intermediate in the production of various products, including polymers, coatings, adhesives, and films. Vinyl acetate monomer is primarily used in the manufacture of polyvinyl acetate (PVA), ethylene-vinyl acetate (EVA), and other vinyl-based polymers, which have applications across industries like packaging, automotive, construction, textiles, and electronics. The increasing demand for these end products, particularly in emerging markets, has significantly contributed to the growth of the VAM market, making it a critical component in the global chemical supply chain.

The primary production method for vinyl acetate monomer is the reaction of ethylene with acetic acid and oxygen, known as the ethylene process. This process is highly efficient, yielding large quantities of VAM for various industrial applications. Additionally, VAM is used in the production of specialty chemicals like acetate esters, which are crucial for coatings, adhesives, and sealants. The demand for high-performance materials in industries such as construction, automotive, and consumer goods has spurred the need for vinyl acetate monomer, further driving market expansion. Furthermore, as the construction and automotive sectors increasingly focus on sustainability and lightweight materials, VAM-based products such as EVA and PVA are expected to witness heightened demand.

The VAM market is experiencing robust growth across regions, particularly in Asia Pacific, North America, and Europe. Asia Pacific leads the market due to rapid industrialization, urbanization, and increasing infrastructure projects in countries like China and India, which are major consumers of vinyl acetate monomer. North America and Europe also hold significant shares, driven by advanced manufacturing capabilities and demand from mature end-user industries such as automotive, construction, and packaging. As industries increasingly focus on sustainable solutions, the VAM market is expected to continue growing, with innovations in VAM production processes and applications helping to meet the evolving needs of global industries.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Application
    2. Market Snapshot, By End Use
    3. Market Snapshot, By Region
  4. Global Vinyl Acetate Monomer Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Increasing demand in the construction and adhesives sectors
        2. Rising consumption in packaging applications
        3. Growing demand for eco-friendly and sustainable products
      2. Restraints
        1. Volatile raw material prices
        2. Stringent environmental regulations
        3. High production costs
      3. Opportunities
        1. Expansion in emerging markets
        2. Advancements in bio-based vinyl acetate monomer production
        3. Growth in automotive and electronics industries
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Vinyl Acetate Monomer Market, By Application, 2021 - 2031 (USD Million)
      1. Polyvinyl Acetate (PAVc)
      2. Polyvinyl Alcohol (PVOH or PVA)
      3. Ethylene-Vinyl Acetate (EVA)
      4. Ethylene-Vinyl Alcohol (EVOH)
      5. Others
    2. Global Vinyl Acetate Monomer Market, By End Use, 2021 - 2031 (USD Million)
      1. Packaging
      2. Construction
      3. Textile
      4. Adhesives
      5. Others
    3. Global Vinyl Acetate Monomer Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Celanese Corporation
      2. Dairen Chemical Corporation
      3. Japan VAM & POVAL Co. Ltd
      4. Kuraray Co. Ltd
      5. LyondellBasell Industries
      6. Ningxia Yinglite Chemical Corporation
      7. The Dow Chemical Company
      8. Wacker Chemie AG
  7. Analyst Views
  8. Future Outlook of the Market