According to this study, over the next five years the Vinyl Acetate-Ethylene Emulsions (VAE Emulsion) market will register a 5.13% CAGR in terms of revenue, the global market size will reach US$ 2993.52 million by 2026, from US$ 2413.75 million in 2019.
Vinyl acetate ethylene (VAE) emulsions are based on the copolymerization of vinyl acetate and ethylene, in which the vinyl acetate content can range between 60 and 95 percent, and the ethylene content ranges between 5 and 40 percent of the total formulation. This product should not be confused with the ethylene vinyl acetate (EVA) copolymers, in which the vinyl acetate generally ranges in composition from 10 to 40 percent, and ethylene can vary between 60 and 90 percent of the formulation. VAEs are water-based emulsions, whereas EVAs are solid materials used for hot-melt and plastic molding applications.
VAE emulsion is mainly used for adhesives, dispersible latex powder and waterproof coating. Adhesives are the most important application. In 2019, adhesives application holds 56% of the consumption market share. Vendors should recognize the importance of emerging markets and potential applications, particularly in Asia Pacific, and are working towards penetrating this market by strengthening their sales and distribution networks.
Global Vinyl Acetate-Ethylene Emulsions (VAE Emulsion) Market- Key Players
Currently, Wacker, Celanese and DCC are the Big Three of VAE emulsion industry. The bases of the three companies are all over the world. Wacker is a global leader. In 2019, the sales of Wacker were 940.3 K MT, and the company holds a share of 40%. In Europe and the United States, Wacker, Celanese are the market leader. Wacker, Celanese and DCC are leaders in the Asia Pacific market. In China, Sinopec and Wanwei have a strong competitive edge.
Read More Information: https://www.qyresearch.com/index/detail/2314027/global-and-united-states-vinyl-acetate-ethylene-emulsions-vae-emulsion-market
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