| Product Code: ETC8638003 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Summon Dutta | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
In 2024, Nigeria continued to rely on imports of vinyl acetate-ethylene emulsions (VAE), with China, Turkey, South Africa, Netherlands, and South Korea being the top exporting countries. Despite a decrease in growth rate from 2023 to 2024, the compound annual growth rate (CAGR) over the period 2020-2024 remained strong at 8.28%. The Herfindahl-Hirschman Index (HHI) indicated a shift from very high concentration in 2023 to high concentration in 2024, suggesting a more balanced market landscape for VAE imports in Nigeria.

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 Nigeria Vinyl Acetate-Ethylene Emulsions (VAE) Market Overview |
3.1 Nigeria Country Macro Economic Indicators |
3.2 Nigeria Vinyl Acetate-Ethylene Emulsions (VAE) Market Revenues & Volume, 2021 & 2031F |
3.3 Nigeria Vinyl Acetate-Ethylene Emulsions (VAE) Market - Industry Life Cycle |
3.4 Nigeria Vinyl Acetate-Ethylene Emulsions (VAE) Market - Porter's Five Forces |
3.5 Nigeria Vinyl Acetate-Ethylene Emulsions (VAE) Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Nigeria Vinyl Acetate-Ethylene Emulsions (VAE) Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Nigeria Vinyl Acetate-Ethylene Emulsions (VAE) Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing construction industry in Nigeria leading to increased demand for VAE emulsions in paints and coatings, adhesives, and construction materials. |
4.2.2 Rising disposable income and urbanization driving the demand for high-quality paints and coatings, which use VAE emulsions as a key ingredient. |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices impacting the production costs of VAE emulsions. |
4.3.2 Lack of awareness and technical expertise among end-users hindering market growth. |
5 Nigeria Vinyl Acetate-Ethylene Emulsions (VAE) Market Trends |
6 Nigeria Vinyl Acetate-Ethylene Emulsions (VAE) Market, By Types |
6.1 Nigeria Vinyl Acetate-Ethylene Emulsions (VAE) Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Nigeria Vinyl Acetate-Ethylene Emulsions (VAE) Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 Nigeria Vinyl Acetate-Ethylene Emulsions (VAE) Market Revenues & Volume, By Nonionic Type, 2021- 2031F |
6.1.4 Nigeria Vinyl Acetate-Ethylene Emulsions (VAE) Market Revenues & Volume, By Anionic Type, 2021- 2031F |
6.2 Nigeria Vinyl Acetate-Ethylene Emulsions (VAE) Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Nigeria Vinyl Acetate-Ethylene Emulsions (VAE) Market Revenues & Volume, By Adhesives, 2021- 2031F |
6.2.3 Nigeria Vinyl Acetate-Ethylene Emulsions (VAE) Market Revenues & Volume, By Paints and Coatings, 2021- 2031F |
6.2.4 Nigeria Vinyl Acetate-Ethylene Emulsions (VAE) Market Revenues & Volume, By Redispersible Powders, 2021- 2031F |
6.2.5 Nigeria Vinyl Acetate-Ethylene Emulsions (VAE) Market Revenues & Volume, By Textile Chemicals, 2021- 2031F |
6.2.6 Nigeria Vinyl Acetate-Ethylene Emulsions (VAE) Market Revenues & Volume, By Others, 2021- 2031F |
7 Nigeria Vinyl Acetate-Ethylene Emulsions (VAE) Market Import-Export Trade Statistics |
7.1 Nigeria Vinyl Acetate-Ethylene Emulsions (VAE) Market Export to Major Countries |
7.2 Nigeria Vinyl Acetate-Ethylene Emulsions (VAE) Market Imports from Major Countries |
8 Nigeria Vinyl Acetate-Ethylene Emulsions (VAE) Market Key Performance Indicators |
8.1 Average selling price of VAE emulsions in the Nigerian market. |
8.2 Number of new construction projects utilizing VAE emulsions. |
8.3 Investment in research and development for VAE emulsions technology in Nigeria. |
9 Nigeria Vinyl Acetate-Ethylene Emulsions (VAE) Market - Opportunity Assessment |
9.1 Nigeria Vinyl Acetate-Ethylene Emulsions (VAE) Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Nigeria Vinyl Acetate-Ethylene Emulsions (VAE) Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Nigeria Vinyl Acetate-Ethylene Emulsions (VAE) Market - Competitive Landscape |
10.1 Nigeria Vinyl Acetate-Ethylene Emulsions (VAE) Market Revenue Share, By Companies, 2024 |
10.2 Nigeria Vinyl Acetate-Ethylene Emulsions (VAE) Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |