The global market for vinyl acetate is prognosticated to undergo a healthy rise, owing to its multitude of applications in a variety of industries such as automotive, construction, furniture, paints & coatings and packaging. The vinyl acetate monomer (VAM) is largely used as a catalyst during the production of various homopolymers and copolymers, such as polyvinyl alcohol, ethylene-vinyl acetate, and polyvinyl acetate among others. It is a primary component used in the manufacture of coatings, paints, emulsions and adhesives. The growing demand for furniture and construction, along with paints and adhesives, is expected to play a significant role in uplifting the market. The demand of ethylene vinyl alcohol copolymer (EVOH) in food packaging is witnessing a phenomenal growth due to the unprecedented boost to the food and beverages industry. Over the forecast period, this segment is likely to showcase greater market opportunities. Photovoltaic cells require the use of eth...
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