Vinyl acetate, characterized by its pleasant smell and taste, is a colorless, flammable liquid with the molecular formula CH3COOCH=CH2 (chemical formula C4H6O2). Its reactivity stems from the presence of the vinyl group (-CH=CH2) in its structure, making it a versatile and crucial compound in various manufacturing processes.
This chemical holds significant global importance, with the US, the European Union, Japan, South Korea, and China emerging as major exporters. Conversely, China, the US, India, Japan, and South Korea stand out as principal importers, underlining the expansive reach and demand for vinyl acetate across international markets.
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Key Details About the Vinyl Acetate Price Trend:
Procurement Resource does an in-depth analysis of the price trend to bring forth the monthly, quarterly, half-yearly, and yearly information on the Vinyl Acetate price in its latest pricing dashboard. The detailed assessment deeply explores the facts about the product, price change over the weeks, months, and years, key players, industrial uses, and drivers propelling the market and price trends.
Each price record is linked to an easy-to-use graphing device dated back to 2014, which offers a series of functionalities; customization of price currencies and units and downloading of price information as excel files that can be used offline.
The Vinyl Acetate prices, including India Vinyl Acetate price, USA Vinyl Acetate rice, pricing database, and analysis can prove valuable for procurement managers, directors, and decision-makers to build up their strongly backed-up strategic insights to attain progress and profitability in the business.
Industrial Uses Impacting Vinyl Acetate Price Trend:
The price fluctuations of vinyl acetate are influenced by various factors, notably the interplay between supply and demand and its diverse industrial applications. Industries such as adhesives, coatings, polymers, textiles, and paper heavily influence the price trend due to their significant reliance on this compound. Vinyl acetate serves as a crucial element in the production of PVA polymer, ethylene-vinyl acetate polymer (EVA), and polyvinyl alcohol (PVOH). Additionally, it plays a pivotal role as a raw material for synthetic fibers, photogenic papers, carbonless copy papers, and packaging papers. Its widespread use extends to various adhesive types like hot melt, water-based, and solvent-based adhesives.
The availability of vinyl acetate’s raw materials, such as acetic acid and ethylene, alongside the demand from these industries, collectively shape its price trend. Any alterations in demand for specific applications or disruptions in the supply chain can significantly impact the price trajectory of vinyl acetate.
Key Players:
- Arkema Group
- Celanese Corporation
- DowDupont Inc.
- Ineospec Inc.
- Exxon Mobil Corporation
News & Recent Development
- 2O October 2022: Asian Paints to invest Rs 2,100 crore to set up manufacturing facility for VAE and VAM- Asian Paints is all-ready to set up Vinyl acetate ethylene emulsion and vinyl acetate monomer manufacturing units in India. The company has proposed to invest approximately Rs 21,000 crore. VAE is an emulsion of future as it is a key ingredient for the manufacturing of environment-friendly paints. It has enhanced paint properties and better customer attributes.
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