Product Code: ETC351390 | Publication Date: Aug 2022 | Updated Date: Aug 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 | |
The Vietnam Vinyl Acetate market is experiencing growth due to its application in adhesives, coatings, and textiles. Vinyl acetate is a key ingredient in various industrial products, and its demand is closely linked to the manufacturing sector`s expansion.
The Vietnam vinyl acetate market is driven by several factors. Firstly, the chemical industry`s growth in the country, driven by increased industrialization and manufacturing activities, has led to higher demand for vinyl acetate, a key chemical used in the production of adhesives, paints, and coatings. Additionally, the construction sector`s expansion has boosted the need for vinyl acetate-based adhesives in various applications. Furthermore, the packaging industry`s evolution has increased the demand for vinyl acetate copolymers in the production of flexible packaging materials. As these sectors continue to expand, the vinyl acetate market in Vietnam is poised for sustained growth.
The Vietnam vinyl acetate market is not without its share of challenges. One key issue is the dependence on imported raw materials. Vinyl acetate is primarily derived from petrochemicals, and fluctuations in global oil prices can impact production costs. Moreover, environmental regulations are tightening, leading to increased scrutiny of chemical industries. This necessitates investments in cleaner and more sustainable production processes, which can be costly. Competition from alternative materials in various applications, such as adhesives and coatings, also poses a threat to the growth of the vinyl acetate market.
The Vietnam vinyl acetate market experienced challenges during the COVID-19 pandemic. The construction and automotive sectors, key consumers of vinyl acetate, faced disruptions and decreased demand due to lockdowns and economic uncertainties. Reduced production and a slowdown in industrial activities impacted the market. However, as the situation improved and industries resumed operations, the market began to recover. Investments in infrastructure and construction projects played a pivotal role in driving demand for vinyl acetate.
The Vietnam Vinyl Acetate market features influential players in the chemical industry. Vinavil Corporation is a significant contributor known for its production of vinyl acetate products. The company has a strong local presence and supplies vinyl acetate for various applications, including adhesives and coatings. Another key player is Wacker Chemie AG, a global chemical company, offering high-quality vinyl acetate products with a focus on innovation and sustainability. Furthermore, Celanese Corporation, a leading chemical manufacturer, has established its presence in Vietnam, contributing to the availability of vinyl acetate for diverse industries.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Vietnam Vinyl Acetate Market Overview |
3.1 Vietnam Country Macro Economic Indicators |
3.2 Vietnam Vinyl Acetate Market Revenues & Volume, 2021 & 2031F |
3.3 Vietnam Vinyl Acetate Market - Industry Life Cycle |
3.4 Vietnam Vinyl Acetate Market - Porter's Five Forces |
3.5 Vietnam Vinyl Acetate Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Vietnam Vinyl Acetate Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Vietnam Vinyl Acetate Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for adhesives and sealants in construction and automotive industries |
4.2.2 Growth in the packaging industry, specifically flexible packaging |
4.2.3 Rising disposable income leading to higher demand for consumer goods |
4.3 Market Restraints |
4.3.1 Fluctuating prices of raw materials such as ethylene and acetic acid |
4.3.2 Environmental regulations impacting production processes |
4.3.3 Competition from alternative materials like polyvinyl chloride (PVC) |
5 Vietnam Vinyl Acetate Market Trends |
6 Vietnam Vinyl Acetate Market, By Types |
6.1 Vietnam Vinyl Acetate Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Vietnam Vinyl Acetate Market Revenues & Volume, By Type, 2021-2031F |
6.1.3 Vietnam Vinyl Acetate Market Revenues & Volume, By Polyvinyl Acetate, 2021-2031F |
6.1.4 Vietnam Vinyl Acetate Market Revenues & Volume, By Polyvinyl Alcohol, 2021-2031F |
6.1.5 Vietnam Vinyl Acetate Market Revenues & Volume, By Polyvinyl Butyral, 2021-2031F |
6.1.6 Vietnam Vinyl Acetate Market Revenues & Volume, By Ethylene Vinyl Alcohol, 2021-2031F |
6.1.7 Vietnam Vinyl Acetate Market Revenues & Volume, By Vinyl Chloride-Vinyl Acetate Copolymer, 2021-2031F |
6.1.8 Vietnam Vinyl Acetate Market Revenues & Volume, By Polyvinyl Formal, 2021-2031F |
6.2 Vietnam Vinyl Acetate Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Vietnam Vinyl Acetate Market Revenues & Volume, By Solar Panels, 2021-2031F |
6.2.3 Vietnam Vinyl Acetate Market Revenues & Volume, By Safety Glass Sheet, 2021-2031F |
6.2.4 Vietnam Vinyl Acetate Market Revenues & Volume, By Paints and Coatings, 2021-2031F |
6.2.5 Vietnam Vinyl Acetate Market Revenues & Volume, By Adhesives, 2021-2031F |
6.2.6 Vietnam Vinyl Acetate Market Revenues & Volume, By Textile, 2021-2031F |
6.2.7 Vietnam Vinyl Acetate Market Revenues & Volume, By Films, 2021-2031F |
6.2.8 Vietnam Vinyl Acetate Market Revenues & Volume, By Others, 2021-2031F |
6.2.9 Vietnam Vinyl Acetate Market Revenues & Volume, By Others, 2021-2031F |
7 Vietnam Vinyl Acetate Market Import-Export Trade Statistics |
7.1 Vietnam Vinyl Acetate Market Export to Major Countries |
7.2 Vietnam Vinyl Acetate Market Imports from Major Countries |
8 Vietnam Vinyl Acetate Market Key Performance Indicators |
8.1 Average selling price of vinyl acetate |
8.2 Capacity utilization rate of vinyl acetate production facilities |
8.3 Number of new product launches incorporating vinyl acetate technology |
8.4 Research and development investment in vinyl acetate applications |
8.5 Number of strategic partnerships or collaborations within the vinyl acetate industry |
9 Vietnam Vinyl Acetate Market - Opportunity Assessment |
9.1 Vietnam Vinyl Acetate Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Vietnam Vinyl Acetate Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Vietnam Vinyl Acetate Market - Competitive Landscape |
10.1 Vietnam Vinyl Acetate Market Revenue Share, By Companies, 2024 |
10.2 Vietnam Vinyl Acetate Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |