Vae Emulsion Market Report Overview
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The global Vae emulsion market size is expected to be worth USD 3204 million in 2021 and is projected to touch USD 4180.45 million by 2031, at a CAGR of 3.0% during the forecast period.
In the family of emulsion polymers, vinyl-acetate ethylene co-polymer emulsions (Vae) are among the youngest. It was not until the late 1960s that Vae was made commercially available that ethylene was introduced into the emulsion polymerization as a monomer. The success of these new co-polymer emulsions outside niche markets and on a global scale took some time. Vae copolymers are water-based emulsions used in a wide range of Intercol adhesives. With Vaes, the glass transition temperature (Tg°C) is lower than with homopolymeric PVACs.
A Vae adhesive is similar to a PVAc adhesive in processing properties, but it adheres better to non-porous surfaces like coatings, plastic laminates, vinyl, metals, glass, aluminum, etc. Additionally, copolymeric adhesives based on Vae are more flexible, more water-resistant, and easier to process.
Emulsions based on Vinyl acetate are a special class of co-polymer emulsions. It is almost ideal for VAM and Ethylene to co-polymerize. Under the right process conditions, they can make ideal random co-polymers. In order to create pharmaceutical solutions, a thin polymeric membrane with numerous small pores must be used. Removing viable and nonviable particles is required for sterilising or clarifying the solution. Sieving, trapping, and electrostatic attraction are a few techniques for keeping particles in place. When the pores are larger than 0.2 microns, a sterile filtrate can be produced. Membrane filters come in two varieties: hydrophilic and hydrophobic. The rate of flow through a filter is impacted by the filter's resistance, the solution's viscosity, and the solution's pressure. cellulose, polysulfone, polyvinylidene difluoride, nylon 66, polycarbonate, or polytetrafluoroethylene esters are the most common materials used to make filters.
COVID-19 Impact: Halt on Chemicals and Advanced Materials to Hamper Market
The global COVID-19 pandemic has been unprecedented and staggering, with the Vae emulsion market experiencing lower-than-anticipated demand across all regions compared to pre-pandemic levels. The sudden surge in CAGR is attributable to demand returning to pre-pandemic levels once the pandemic is over.
COVID-19 negatively affected the Vae emulsion market due to its rapid spread. In nearly every region of the world, lockdowns and total shutdowns were imposed as a result of the pandemic. The first half of the year saw a significant downturn in the manufacturing and supply chains of most industries. Due to the sudden lockdown imposed by the government, all the industries related to the Vae market experienced a huge loss. As a result of the pandemic, supply chain and logistics activities were delayed. Vae emulsions is expected to regain its pace following the pandemic with the easing of restrictions.
Latest Trends
"Vae Powders Used in Manufacture of Binders to Drive the Market"
Redispersible Vinyl Acetate Powder is a water-dispersible vinyl acetate that dissolves easily in water to form a stable emulsion. For the manufacture of construction binders, this powder is especially used with inorganic binders, such as cement, lime and gypsum. Due to its adhesion, abrasion resistance, and flexural strength, Vae Redispersible Powder is widely used. Thus, the usage of Vae in binders drive the Vae emulsion market growth
Vae Emulsion Market Segmentation
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- By Type
The market is classified into waterproof Vae emulsions, and ordinary Vae emulsions based on type. The waterproof Vae emulsions segment will lead the Vae emulsion market share throughout the forecast period.
- By Application
The market is classified into adhesives, re-dispersible powder, paints and coatings, textile chemicals, and others on the basis of application. The adhesives segment will lead the Vae emulsion market share throughout the forecast period.
Driving Factors
"Usage Of Vae Emulsion in Textile Chemicals to Drive The Market Growth"
Textiles play a major role in the economic life of almost all parts of the world. The textile industry contributes to the country's industrial output, employment, and export earnings in addition to providing one of life's necessities. The Vae emulsion is a type of environmental type emulsion with excellent properties, widely used in the paper, coating, and textile industries. Because the emulsion particles are small, fine grain emulsion penetrates easily between the fibers of fabrics, has advantages in washing, dry-cleaning, and is difficult to remove.
"Increasing Demand for Paintings and Coatings to Drive the Market Growth"
Over the past decade, vinyl acetate ethylene copolymers (Vaes) have steadily gained market acceptance and share in the coatings industry, primarily in flat, interior, low-emission decorative paints. In flat interior paints, pigment binding and hiding power are critical properties of Vae emulsion. Additionally, they can be formulated with many different pigmenting systems, which gives chemists a wide range of options. Color retention is excellent with vinyl-based emulsions (including Vae).
Restraining Factors
"Challenges Associated With Vae Technology to Restrain the Market Growth"
As with any technology, Vae has its challenges as well. One of the most serious is the stable supply of ethylene. When ethylene needs to be transported by rail or road car to the Vae manufacturing site, there are additional challenges compared to liquid monomers. The cost of raw materials increases as a result. Vae emulsion costs are primarily driven by raw material costs. Sales prices for main monomers VAM and ethylene are also affected by regional differences in price. Costs associated with supply of the final product can also be significant. Up to 50% of water is carried around on the way to the customer by all emulsion products.
Vae Emulsion Market Regional Insights
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"Expansion Of Construction Industries to Aid the Dominance of Asia Pacific in the Market Growth"
The Asia Pacific region has dominated the global market in recent years and is expected to witness significant growth during the forecast period. Over the coming years, paints & coatings consumption is expected to increase due to the growing construction industry in emerging economies like China and India, along with increasing automotive production.
Due to stringent regulations regarding Vae emissions associated with conventional solvents being used for adhesive manufacturing, the European region accounted for a large share of revenue. While manufacturing these solutions, vinyl acetate-ethylene emulsion manufacturers use biobased raw materials and renewable energy sources to develop eco-friendly products. Regional growth is expected to be boosted by this factor over the forecast period. Strong demand from end-use industries such as construction and automotive, combined with growing awareness of green building construction across the U.S., resulted in a healthy growth from 2014 to 2018.
Key Industry Players
"Leading Players Adopt Acquisition Strategies to Stay Competitive "
Several players in the market are using acquisition strategies to build their business portfolios and strengthen their market position. In addition, partnerships and collaborations are among the common strategies adopted by companies. Key market players are making R&D investments to bring advanced technologies and solutions to the Vae emulsion market.
List of Market Players Profiled
- Wacker (Europe)
- Celanese (U.S.)
- DCC (Europe)
- Vinavil (U.S.)
- Beijing Eastern Petro-chemical (U.S.)
- Wanwei (China)
- Sinopec Sichuan Vinylon Works (China)
- Dow (U.S.)
- Sumika Chemtex (Japan)
- Shaanxi Xutai (China)
- Yunnan Zhengbang Technology (China)
REPORT COVERAGE
In the report, factors affecting the market from both demand and supply are evaluated and market dynamics during the forecast period are also forecasted. Also included in the report is a comprehensive PEST analysis of countries, which assesses the governmental, financial, and shared factors influencing their markets. Apart from all of these, the report also provides drivers, restraints, opportunities, and future trends.
REPORT COVERAGE | DETAILS |
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Market Size Value In |
US$ 3204 Million in 2021 |
Market Size Value By |
US$ 4180.45 Million by 2031 |
Growth Rate |
CAGR of 3% from 2021 to 2031 |
Forecast Period |
2022-2028 |
Base Year |
2022 |
Historical Data Available |
Yes |
Segments Covered |
Types & Application |
Regional Scope |
Global |
Frequently Asked Questions
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What value is the Vae emulsion market expected to touch by 2031?
The Vae emulsion market is expected to reach a value of USD 4180.45 million by 2031.
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What CAGR is the Vae emulsion market expected to exhibit by 2031?
The Vae emulsion market is expected to exhibit a CAGR of 3.0% by 2031.
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Which are the driving factors of the Vae emulsion market?
Usage of vae emissions in textile chemicals and the increasing demand for paintings and coatings are some of the major driving factors of the Vae emulsion market.
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Which are the top companies in the Vae emulsion market?
The top companies in the Vae emulsion market include Wacker, Celanese and DCC etc.