| Product Code: ETC8638002 | 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 |
Nigeria`s vinyl acetate monomer (VAM) import market in 2024 continued to show high concentration, with top exporters being India, South Africa, Saudi Arabia, China, and Taiwan. Despite a negative CAGR of -6.09% from 2020 to 2024, there was a notable growth rate of 24.18% from 2023 to 2024. This suggests a recent uptick in demand for VAM in Nigeria, potentially driven by various factors such as industrial activities or infrastructure projects. The market dynamics and competitive landscape in the VAM import sector in Nigeria are worth monitoring closely for future developments.

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 Monomer (VAM) Market Overview |
3.1 Nigeria Country Macro Economic Indicators |
3.2 Nigeria Vinyl Acetate Monomer (VAM) Market Revenues & Volume, 2021 & 2031F |
3.3 Nigeria Vinyl Acetate Monomer (VAM) Market - Industry Life Cycle |
3.4 Nigeria Vinyl Acetate Monomer (VAM) Market - Porter's Five Forces |
3.5 Nigeria Vinyl Acetate Monomer (VAM) Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Nigeria Vinyl Acetate Monomer (VAM) Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Nigeria Vinyl Acetate Monomer (VAM) Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growth in construction industry leading to increased demand for adhesives and sealants, which are major applications of vinyl acetate monomer (VAM) |
4.2.2 Rising disposable income and urbanization driving the demand for consumer goods, packaging, and automotive industries which utilize VAM |
4.2.3 Government initiatives to promote manufacturing and industrial growth in Nigeria, boosting demand for VAM |
4.3 Market Restraints |
4.3.1 Volatility in raw material prices, particularly ethylene and acetic acid, impacting the production cost of VAM |
4.3.2 Environmental regulations and sustainability concerns leading to the shift towards eco-friendly alternatives, potentially reducing the demand for VAM |
4.3.3 Competition from substitute products such as acrylic acid and styrene which offer similar properties to VAM |
5 Nigeria Vinyl Acetate Monomer (VAM) Market Trends |
6 Nigeria Vinyl Acetate Monomer (VAM) Market, By Types |
6.1 Nigeria Vinyl Acetate Monomer (VAM) Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Nigeria Vinyl Acetate Monomer (VAM) Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 Nigeria Vinyl Acetate Monomer (VAM) Market Revenues & Volume, By Ethylene Process, 2021- 2031F |
6.1.4 Nigeria Vinyl Acetate Monomer (VAM) Market Revenues & Volume, By Acetylene Process, 2021- 2031F |
6.2 Nigeria Vinyl Acetate Monomer (VAM) Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Nigeria Vinyl Acetate Monomer (VAM) Market Revenues & Volume, By Adhesives, 2021- 2031F |
6.2.3 Nigeria Vinyl Acetate Monomer (VAM) Market Revenues & Volume, By Chemical Intermediates, 2021- 2031F |
6.2.4 Nigeria Vinyl Acetate Monomer (VAM) Market Revenues & Volume, By Coatings, 2021- 2031F |
6.2.5 Nigeria Vinyl Acetate Monomer (VAM) Market Revenues & Volume, By Food, 2021- 2031F |
6.2.6 Nigeria Vinyl Acetate Monomer (VAM) Market Revenues & Volume, By Plastics, 2021- 2031F |
6.2.7 Nigeria Vinyl Acetate Monomer (VAM) Market Revenues & Volume, By Textiles, 2021- 2031F |
7 Nigeria Vinyl Acetate Monomer (VAM) Market Import-Export Trade Statistics |
7.1 Nigeria Vinyl Acetate Monomer (VAM) Market Export to Major Countries |
7.2 Nigeria Vinyl Acetate Monomer (VAM) Market Imports from Major Countries |
8 Nigeria Vinyl Acetate Monomer (VAM) Market Key Performance Indicators |
8.1 Capacity utilization rate of VAM production facilities in Nigeria |
8.2 Number of new product innovations and applications utilizing VAM |
8.3 Export/import volume of VAM in Nigeria |
8.4 Percentage of VAM market share within the chemical industry in Nigeria |
8.5 Rate of adoption of VAM in emerging industries such as textile and healthcare sector |
9 Nigeria Vinyl Acetate Monomer (VAM) Market - Opportunity Assessment |
9.1 Nigeria Vinyl Acetate Monomer (VAM) Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Nigeria Vinyl Acetate Monomer (VAM) Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Nigeria Vinyl Acetate Monomer (VAM) Market - Competitive Landscape |
10.1 Nigeria Vinyl Acetate Monomer (VAM) Market Revenue Share, By Companies, 2024 |
10.2 Nigeria Vinyl Acetate Monomer (VAM) Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |