Vinyl acetate, characterized by its pleasant scent and taste, exists as a colorless, flammable liquid. With the chemical formula C4H6O2 and molecular formula CH3COOCH=CH2, it's an organic compound renowned for its high reactivity owing to the vinyl group (-CH=CH2) within its structure. This reactivity, combined with its versatility across various product ranges, renders it a pivotal component in the manufacturing industry.
This chemical enjoys a robust global market, primarily exported by major players such as the US, the European Union, Japan, South Korea, and China. Conversely, significant importers include China, the US, India, Japan, and South Korea.
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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 trends, 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 trajectory of vinyl acetate is shaped by various elements, encompassing the interplay of supply and demand alongside its versatile industrial applications. This compound holds pivotal roles in sectors like adhesives, coatings, polymers, textiles, and paper production, significantly influencing its market dynamics. It serves as a foundational element in the creation of essential materials such as PVA polymer, ethylene-vinyl acetate polymer (EVA), and polyvinyl alcohol (PVOH). Moreover, its utilization extends to the manufacturing of synthetic fibers, photogenic papers, carbonless copy papers, and packaging materials. In the adhesive realm, it finds extensive usage in crafting hot melt, water-based, and solvent-based adhesives.
The pricing of vinyl acetate is intimately tied to the availability of its feedstocks, namely acetic acid and ethylene, while simultaneously reflecting the demand for its myriad industrial applications. Any fluctuations in these supply chains or shifts in specific application demands 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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