Vinyl Acetate Price History and Forecast Analysis | Procurement Resource
Vinyl acetate possesses a pleasing aroma and flavor, distinguishing it as a colorless, flammable liquid. This organic compound bears the molecular formula CH3COOCH=CH2 and the chemical formula C4H6O2. Notably, the presence of the vinyl group (-CH=CH2) within its structure renders it highly reactive. This attribute, coupled with its versatility and applicability across various product lines, positions vinyl acetate as a crucial and adaptable chemical within the manufacturing industry.
When it comes to the global trade of vinyl acetate, major players include the United States, the European Union, Japan, South Korea, and China, who excel as leading exporters. Conversely, China, the United States, India, Japan, and South Korea emerge as prominent importers of this chemical, underscoring its significant presence in the international market.
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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 price chart, 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 trend of vinyl acetate is influenced by various factors, including the interplay of supply and demand, as well as its industrial applications. This compound serves as a pivotal component in several industries, significantly affecting its price trend. Notable industrial uses of vinyl acetate that exert an influence on its pricing include applications in the adhesive, coating, polymer, textile, and paper sectors.
Vinyl acetate plays a central role in the production of key materials such as PVA polymer, ethylene-vinyl acetate polymer (EVA), and polyvinyl alcohol (PVOH). Moreover, it serves as a primary raw material in the manufacture of synthetic fibers, photogenic papers, carbonless copy papers, and packaging papers. Additionally, vinyl acetate finds extensive use in adhesive production, encompassing hot melt adhesives, water-based adhesives, and solvent-based adhesives.
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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