Vinyl Acetate Monomer - VAM Market Report 2025 (Global Edition)

Global Vinyl Acetate Monomer - VAM Market Report 2025 Market Size Split by Purity Outlook: (99% & Above, <99%), by Application Outlook: (Polyvinyl Alcohol, Polyvinyl Acetate, Ethylene Vinyl Acetate, E...

Vinyl Acetate Monomer - VAM Market Report Description

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Competitive Landscape of the Vinyl Acetate Monomer - VAM Market

In the vinyl acetate monomer - VAM market's competitive landscape, numerous key competitors are driving innovation and growth. These developments reflect the dynamic nature of the VAM market, with major players investing in capacity expansions and sustainable product lines to address the evolving needs of various industries.

In May 2024, Wacker Chemie AG launched a new range of bio-based VAM products, targeting the increasing market demand for sustainable and renewable chemical solutions. These products are designed for use in environmentally friendly adhesives and coatings. (Source: https://www.wacker.com/cms/en-us/press-and-media/press/press-releases/2024/detail-232832.html) In August 2024, Saudi International Petrochemical Company (Sipchem) inaugurated a new VAM production plant in Jubail Industrial City, aiming to supply the Middle Eastern market and reduce regional dependence on imports. (Source: https://www.agbi.com/oil-and-gas/2024/08/sipchem-to-build-new-189m-petchem-facility/)

Top Companies Market Share in Vinyl Acetate Monomer - VAM Industry: (In no particular order of Rank)

• DuPont
• Wacker Chemie AG
• Celanese Corporation
• KURARAY CO. LTD
• Solvents
• Sipchem
• Innospec
• Exxon Mobil Corporation
• Sinopec China Petrochemical Corporation
• Arkema
• LyondellBasell Industries N.V.
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*List of Second Tier Companies, List of Third Tier/ Start-up Companies (Inquire with sales executive) Request Any Company Profile for Preview Purpose OR Data Validation!

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Regional Analysis of the Vinyl Acetate Monomer - VAM Market

Which Region Dominates the Vinyl Acetate Monomer - VAM Market in 2024?

According to Cognitive Market Research, North America currently dominates the vinyl acetate monomer - VAMs market, and the region is expected to have significant growth during the projected period. The region’s strong industrial base and growing demand from end-use industries such as construction, automotive, and packaging. The increasing adoption of sustainable and eco-friendly materials has boosted the use of VAM in water-based adhesives and coatings.

Which Region is Expanding at the Fastest CAGR?

Asia-Pacific is expected to make significant gains during the projected period, with the greatest compound annual growth rate (CAGR). Due to rapid industrialization, urbanization, and expanding construction activities in emerging economies like China and India. The rising demand for flexible packaging in the food and beverage industry, coupled with the growing textile sector, drives the adoption of VAM-based adhesives and films.

The current report Scope analyzes Vinyl Acetate Monomer - VAM Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com

• North America (United States, Canada, Mexico)
• Europe (United Kingdom, France, Germany, Italy, Russia, Spain, Sweden, Denmark, Netherlands, Switzerland, Belgium)
• Asia-Pacific (China, Japan, Korea, India, Australia, Philippines, Singapore, Malaysia, Thailand, Indonesia, Rest of APAC)
• South America (Brazil, Argentina, Colombia, Peru, Chile, Rest of South America)
• Middle East and Africa (Saudi Arabia, Turkey, Nigeria, UAE, Egypt, South Africa, GCC Countries, Rest of MEA)

The above graph is for illustrative purposes only.

North America Vinyl Acetate Monomer - VAM

According to Cognitive Market Research, the global Vinyl Acetate Monomer - VAM market size was estimated at USD 10814.5 Million, out of which North America held the major market share of more than 40% of the global revenue with a market size of USD 4325.80 million in 2024 and will grow at a compound annual growth rate (CAGR) of 3.4% from 2024 to 2031.

• According to Cognitive Market Research, the US had a major share in the Vinyl Acetate Monomer - VAM market with a market size of USD 3413.06 million in 2024 and is projected to grow at a CAGR of 3.2% during the forecast period. Strong demand for VAM in adhesives and coatings, driven by construction and packaging industries.
• The Canada Vinyl Acetate Monomer - VAM market had a market share of USD 519.10 million in 2024 and is projected to grow at a CAGR of 4.2% during the forecast period. Growing adoption of eco-friendly VAM-based waterborne adhesives and coatings in construction.
• The Mexico Vinyl Acetate Monomer - VAM market is projected to witness growth at a CAGR of 3.9% during the forecast period, with a market size of USD 393.65 million in 2024.

Europe Vinyl Acetate Monomer - VAM

According to Cognitive Market Research, the global Vinyl Acetate Monomer - VAM market size was estimated at USD 10814.5 Million, out of which Europe held the market share of more than 30% of the global revenue with a market size of USD 3244.35 million in 2024 and will grow at a compound annual growth rate (CAGR) of 3.7% from 2024 to 2031.

• The United Kingdom Vinyl Acetate Monomer - VAM market had a market share of USD 545.05 million in 2024 and is projected to grow at a CAGR of 4.5% during the forecast period. Increasing focus on sustainable and high-performance packaging materials.
• The France Vinyl Acetate Monomer - VAM market is projected to witness growth at a CAGR of 2.9% during the forecast period, with a market size of USD 298.48 million in 2024.
• According to Cognitive Market Research, the German Vinyl Acetate Monomer - VAM market size was valued at USD 642.38 million in 2024 and is projected to grow at a CAGR of 3.9% during the forecast period. Robust automotive and construction industries driving demand for VAM-based paints and adhesives..
• The Italy Vinyl Acetate Monomer - VAM market is projected to witness growth at a CAGR of 3.1% during the forecast period, with a market size of USD 279.01 million in 2024.
• The Russia vinyl Acetate Monomer - VAM market is projected to witness growth at a CAGR of 2.7% during the forecast period, with a market size of USD 502.87 million in 2024.
• The Spain Vinyl Acetate Monomer - VAM market is projected to witness growth at a CAGR of 2.8% during the forecast period with a market size of USD 266.04 million in 2024
• The Luxembourg Vinyl Acetate Monomer - VAM market is projected to witness growth at a CAGR of 3.8% during the forecast period, with a market size of USD 100.57 million in 2024.
• The Portugal Vinyl Acetate Monomer - VAM market is projected to witness growth at a CAGR of 3.5% during the forecast period, with a market size of USD 68.13 million in 2024.
• The Greece Vinyl Acetate Monomer - VAM market is projected to witness growth at a CAGR of 4.0% during the forecast period, with a market size of USD 38.93 million in 2024.
• The Rest of Europe's Vinyl Acetate Monomer - VAM market is projected to witness growth at a CAGR of 2.4% during the forecast period, with a market size of USD 502.87 million in 2024.

Asia Pacific Vinyl Acetate Monomer - VAM

According to Cognitive Market Research, the global Vinyl Acetate Monomer - VAM market size was estimated at USD 10814.5 Million, out of which Asia Pacific held the market share of around 23% of the global revenue with a market size of USD 2487.34 million in 2024 and will grow at a compound annual growth rate (CAGR) of 7.2% from 2024 to 2031.

• According to Cognitive Market Research, the China Vinyl Acetate Monomer - VAM market size was valued at USD 1119.30 million in 2024 and is projected to grow at a CAGR of 6.7% during the forecast period. Rapid industrialization and expanding packaging and textiles industries boosting VAM consumption.
• The Japan Vinyl Acetate Monomer - VAM market is projected to witness growth at a CAGR of 5.7% during the forecast period, with a market size of USD 343.25 million in 2024.
• The India Vinyl Acetate Monomer - VAM market had a market share of USD 298.48 million in 2024 and is projected to grow at a CAGR of 9.0% during the forecast period. Infrastructure development and increasing demand for flexible packaging solutions propelling VAM growth.
• The South Korean Vinyl Acetate Monomer - VAM market is projected to witness growth at a CAGR of 6.3% during the forecast period, with a market size of USD 248.73 million in 2024.
• The Australian Vinyl Acetate Monomer - VAM market is projected to witness growth at a CAGR of 6.9% during the forecast period, with a market size of USD 129.34 million in 2024.
• The South East Asia Vinyl Acetate Monomer - VAM market is projected to witness growth at a CAGR of 8.2% during the forecast period, with a market size of USD 171.63 million in 2024.
• The Rest of Asia Pacific Vinyl Acetate Monomer - VAM market is projected to witness growth at a CAGR of 7.0% during the forecast period, with a market size of USD 176.60 million in 2024.

South America Vinyl Acetate Monomer - VAM

According to Cognitive Market Research, the global Vinyl Acetate Monomer - VAM market size was estimated at USD 10814.5 Million, out of which Latin America held the market share of around 5% of the global revenue with a market size of USD 540.73 million in 2024 and will grow at a compound annual growth rate (CAGR) of 4.6%from 2024 to 2031.

• According to Cognitive Market Research, the Brazil Vinyl Acetate Monomer - VAM market size was valued at USD 231.43 million in 2024 and is projected to grow at a CAGR of 5.2% during the forecast period. Growth in packaging and automotive sectors driving demand for VAM in adhesives and coatings.
• Argentina's Vinyl Acetate Monomer - VAM market had a market share of USD 90.84 million in 2024 and is projected to grow at a CAGR of 5.5% during the forecast period. Expanding construction activities and increasing adoption of VAM-based sealants and adhesives.
• Colombia Vinyl Acetate Monomer - VAM market is projected to witness growth at a CAGR of 4.4% during the forecast period, with a market size of USD 48.12 million in 2024.
• Peru Vinyl Acetate Monomer - VAM market is projected to witness growth at a CAGR of 4.8% during the forecast period, with a market size of USD 44.34 million in 2024.
• Chile Vinyl Acetate Monomer - VAM market is projected to witness growth at a CAGR of 4.9% during the forecast period, with a market size of USD 38.93 million in 2024.
• The Rest of Latin America's Vinyl Acetate Monomer - VAM market is projected to witness growth at a CAGR of 3.7% during the forecast period, with a market size of USD 87.06 million in 2024.

Middle East and Africa Vinyl Acetate Monomer - VAM

According to Cognitive Market Research, the global Vinyl Acetate Monomer - VAM market size was estimated at USD 10814.5 Million, out of which the Middle East and Africa held the major market share of around 2% of the global revenue with a market size of USD 216.29 million in 2024 and will grow at a compound annual growth rate (CAGR) of 4.9% from 2024 to 2031..

• The GCC Countries Vinyl Acetate Monomer - VAM market is projected to witness growth at a CAGR of 5.7% during the forecast period, with a market size of USD 92.57 million in 2024. Infrastructure projects and urbanization fueling demand for VAM in paints and construction materials.
• The Egypt Vinyl Acetate Monomer - VAM market is projected to witness growth at a CAGR of 5.2% during the forecast period, with a market size of USD 22.71 million in 2024.
• The South Africa Vinyl Acetate Monomer - VAM market is projected to witness growth at a CAGR of 5.9% during the forecast period, with a market size of USD 34.17 million in 2024. Rising focus on sustainable packaging and growing construction sector driving VAM demand.
• The Turkey Vinyl Acetate Monomer - VAM market is projected to witness growth at a CAGR of 4.4% during the forecast period, with a market size of USD 18.60 million in 2024.
• The Nigeria Vinyl Acetate Monomer - VAM market is projected to witness growth at a CAGR of 4.0% during the forecast period, with a market size of USD 22.71 million in 2024.
• The Rest of the MEA Vinyl Acetate Monomer - VAM market is projected to witness growth at a CAGR of 3.9% during the forecast period, with a market size of USD 25.52 million in 2024.

Vinyl Acetate Monomer - VAM Market Analysis

How are Segments Performing in the Global Vinyl Acetate Monomer - VAM Market?

Vinyl Acetate Monomer - VAM Market Purity Segment Analysis

The <99% is the fastest-growing segment in the Vinyl Acetate Monomer - VAM Market. Driven by its affordability and increasing adoption in emerging markets for applications like low-cost packaging and textiles. This growth is fueled by rising demand for cost-effective solutions in price-sensitive industries.

According to Cognitive Market Research, 99% & Above Vinyl Acetate Monomer - VAMs are likely to dominate the Vinyl Acetate Monomer - VAM market over the forecast period. Due to its extensive use in high-value industries, such as construction, automotive, and packaging, where quality and consistency are critical.

The above Chart is for representative purposes and does not depict actual sale statistics. Access/Request the quantitative data to understand the trends and dominating segment of Vinyl Acetate Monomer - VAM Industry. Request a Free Sample PDF!

Vinyl Acetate Monomer - VAM Market Application Segment Analysis

In the Vinyl Acetate Monomer - VAM Market, the Ethylene Vinyl Acetate has been expanding at a rapid pace. Ethylene Vinyl Acetate (EVA) is the fastest-growing segment, driven by its increasing use in solar panels, footwear, and flexible packaging. The growing focus on sustainable energy and lightweight materials significantly contributes to the expansion of this segment.

According to Cognitive Market Research, the polyvinyl acetate segment holds the largest share of the market. Polyvinyl Acetate (PVA) is the dominating application segment due to its widespread use in adhesives, paints, and coatings. Its strong bonding properties make it indispensable in the construction, automotive, and packaging industries.

The above Graph is for representation purposes only. This chart does not depict actual Market share.

Vinyl Acetate Monomer - VAM End-use Industry Outlook: Segment Analysis

Vinyl Acetate Monomer - VAM Market End-use Industry Segment Analysis

In the Vinyl Acetate Monomer - VAM market, the rapidly growing sector is the construction category. VAM is widely used in producing adhesives, paints, and coatings essential for construction applications. The rising trend toward eco-friendly and water-based coatings and sealants, which rely on VAM for their performance and environmental compliance, accelerates the growth of this segment.

According to Cognitive Market Research, the packaging segment holds the largest market share. The rising demand for food-safe and sustainable packaging materials in the food and beverage industry drives the adoption of VAM in this sector. Its adhesive and barrier properties make it a preferred choice for manufacturing films, laminates, and cartons, further bolstering its dominance.

• Packaging
• Construction
• Textiles
• Cosmetics

Author's Detail

Manoj Phagare

Senior Research Analyst at Cognitive Market Research

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• Worked on several market, industry & business research projects, on various models such as Syndicated, Custom, Subscriptions and Consults
• Proficient in secondary research and familiar with all paid research databases
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