Vinyl acetate possesses a pleasant aroma and taste, characterized as a colorless, flammable liquid. This organic compound, with the molecular formula CH3COOCH=CH2 and chemical formula C4H6O2, showcases notable reactivity owing to the vinyl group (-CH=CH2) within its structure. This distinctive reactivity, combined with its versatility across various product applications, establishes it as a crucial and adaptable chemical within the manufacturing sector.
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Vinyl acetate, a chemical boasting a substantial global market, sees its primary export origins from the US, the European Union, Japan, South Korea, and China. Conversely, China, the US, India, Japan, and South Korea emerge as the foremost importers of this chemical compound.
Key Details About the Vinyl Acetate Price Trend:
Procurement Resource does an in-depth analysis of the price trend to bring forth the monthly, quarterly, half-yearly, and yearly information on the Vinyl Acetate price in its latest pricing dashboard. The detailed assessment deeply explores the facts about the product, price change over the weeks, months, and years, key players, industrial uses, and drivers propelling the market and price trends.
Each price record is linked to an easy-to-use graphing device dated back to 2014, which offers a series of functionalities; customization of price currencies and units and downloading of price information as excel files that can be used offline.
The Vinyl Acetate price trends, including India Vinyl Acetate price, USA Vinyl Acetate rice, pricing database, and analysis can prove valuable for procurement managers, directors, and decision-makers to build up their strongly backed-up strategic insights to attain progress and profitability in the business.
Industrial Uses Impacting Vinyl Acetate Price Trend:
The price trend of vinyl acetate is a complex interplay of various factors, notably supply and demand dynamics along with its extensive industrial applications. This compound finds pivotal usage in adhesive, coatings, polymer, textile, and paper industries, significantly influencing its pricing trajectory.
Primarily employed as a foundational component in the production of PVA polymer, ethylene-vinyl acetate polymer (EVA), and polyvinyl alcohol (PVOH), vinyl acetate serves as the cornerstone material. Moreover, it serves as a crucial raw material in the creation of synthetic fibers, photogenic papers, carbonless copy papers, and packaging papers. Its widespread utility extends to the formulation of adhesives, spanning hot melt, water-based, and solvent-based adhesives.
The price trends of vinyl acetate are intricately linked to the availability of its feedstocks, namely acetic acid and ethylene, while being heavily swayed by the demand across these multifaceted industrial uses. Any shifts in demand for specific applications or disruptions in the supply chain have the potential to impact the pricing dynamics of vinyl acetate significantly.
Key Players:
- Arkema Group
- Celanese Corporation
- DowDupont Inc.
- Ineospec Inc.
- Exxon Mobil Corporation
News & Recent Development
- 2O October 2022: Asian Paints to invest Rs 2,100 crore to set up manufacturing facility for VAE and VAM- Asian Paints is all-ready to set up Vinyl acetate ethylene emulsion and vinyl acetate monomer manufacturing units in India. The company has proposed to invest approximately Rs 21,000 crore. VAE is an emulsion of future as it is a key ingredient for the manufacturing of environment-friendly paints. It has enhanced paint properties and better customer attributes.
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