Global Vinyl Versatate Market Growth 2023-2029
In the 1950s, Dr. Herbert Koch from the Max Plank Institute in Mülheim, Germany, found that olefins may react with carbon monoxide and water under the influence of strong acids to form tertiary branched neocarboxylic acids. Before the intermediate carbocation reacts with carbon monoxide, isomerization reactions are observed and, therefore, the resulting acid is composed of a number of isomers.
The neocarboxylic acid can be converted into its vinyl ester monomer by reaction with acetylene. Today, these monomers are widely referred to in industry as vinyl versatate monomers (CAS: 51000-52-3), neo-esters or VV monomers.
Vinyl Versatate are commonly used in vinyl acetate and acrylic polymers where they greatly improve hydrolytic stability, adhesion, water and UV resistance.
LPI (LP Information)' newest research report, the “Vinyl Versatate Industry Forecast” looks at past sales and reviews total world Vinyl Versatate sales in 2022, providing a comprehensive analysis by region and market sector of projected Vinyl Versatate sales for 2023 through 2029. With Vinyl Versatate sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Vinyl Versatate industry.
This Insight Report provides a comprehensive analysis of the global Vinyl Versatate landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Vinyl Versatate portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Vinyl Versatate market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Vinyl Versatate and breaks down the forecast by purpose, by downstream industry, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Vinyl Versatate.
The global Vinyl Versatate market size is projected to grow from US$ 386.5 million in 2022 to US$ 761.2 million in 2029; it is expected to grow at a CAGR of 761.2 from 2023 to 2029.
The market for vinyl versatate is highly concentrated. There are only two manufactures in the world: Hexion and TJSHIELD. Among them, Bemis Associates is the larger one with the percentage of 70.50% market share in 2019.
This report presents a comprehensive overview, market shares, and growth opportunities of Vinyl Versatate market by product purpose, downstream industry, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by purpose
Used for Paint & Coating
Used for Adhesive
Segmentation by downstream industry
Paint & Coating
Adhesive
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Hexion
TJSHIELD
Key Questions Addressed in this Report
What is the 10-year outlook for the global Vinyl Versatate market?
What factors are driving Vinyl Versatate market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Vinyl Versatate market opportunities vary by end market size?
How does Vinyl Versatate break out purpose, downstream industry?
What are the influences of COVID-19 and Russia-Ukraine war?
Please note: The report will take approximately 2 business days to prepare and deliver.
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