#Ethylene Vinyl Acetate Market Forecast | Explore Tumblr Posts and Blogs

chemanalystdata · 5 days

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Ethylene Vinyl Acetate (EVA) prices is a widely used polymer that plays a critical role in several industries due to its versatile properties. As a result, the prices of EVA are of significant interest to businesses and manufacturers. EVA is a copolymer composed of ethylene and vinyl acetate, where the ratio between these two components can vary, giving rise to materials with different characteristics. The demand for EVA is driven by its application in industries such as footwear, packaging, adhesives, solar panels, and coatings, making its pricing trend an essential metric for businesses looking to manage their costs efficiently.

One of the most significant factors affecting EVA prices is the cost of raw materials. Since ethylene, a primary feedstock for EVA, is derived from crude oil and natural gas, fluctuations in crude oil prices have a direct impact on the cost of EVA production. A rise in oil prices typically leads to higher EVA costs, while a drop in oil prices can make EVA production cheaper, allowing suppliers to lower prices. The global energy market's volatility can thus result in corresponding fluctuations in EVA prices, with geopolitical tensions, OPEC decisions, and supply-demand dynamics playing important roles. Therefore, manufacturers and buyers need to stay informed about the trends in crude oil markets to anticipate changes in EVA costs.

Get Real Time Prices for Ethylene Vinyl Acetate (EVA): https://www.chemanalyst.com/Pricing-data/ethylene-vinyl-acetate-74

In addition to raw material costs, EVA prices are influenced by supply chain dynamics, especially in regions where production capacity is concentrated. EVA production facilities are primarily located in Asia, North America, and Europe, with China being a major producer. Any disruptions in the supply chain, such as plant shutdowns for maintenance, natural disasters, or transportation bottlenecks, can reduce the availability of EVA, leading to higher prices. On the other hand, expansions in production capacity, such as new plant openings or technological advancements that increase output efficiency, can contribute to lowering EVA prices by increasing the overall supply in the market.

The demand side of the market also plays a crucial role in shaping EVA prices. Sectors like footwear manufacturing, which relies heavily on EVA for midsoles and outsoles, have a direct influence on EVA demand. As global consumption of footwear rises, particularly in emerging markets like Asia-Pacific, the demand for EVA is expected to grow, supporting upward pressure on prices. Similarly, the growing use of EVA in the renewable energy sector, particularly for solar panel encapsulation, has led to increased demand in recent years. As more countries invest in solar energy as part of their sustainability goals, EVA consumption in this sector is poised to expand, potentially driving up prices.

On the flip side, demand in the packaging industry, another major consumer of EVA, is often subject to cyclical trends. When consumer spending rises, the demand for packaged goods increases, which can drive up the need for EVA-based films and coatings. However, during economic downturns or periods of reduced consumer spending, demand for packaging materials may weaken, reducing pressure on EVA prices. The global economic environment thus has a direct influence on the pricing of EVA, as changes in consumer behavior trickle down through various industries that rely on the material.

Global trade policies and tariffs are another factor impacting EVA prices. Trade restrictions between major manufacturing nations can alter the supply-demand balance, leading to price fluctuations. For instance, tariffs imposed on EVA exports from China or other major producers could lead to a shortage in importing countries, causing EVA prices to spike. Conversely, the easing of trade barriers and free trade agreements can promote a more fluid supply chain, helping to keep prices stable. Businesses that rely on EVA must monitor these geopolitical developments closely to avoid disruptions in their supply chains and to anticipate changes in pricing.

Innovation and technological advancements in EVA production processes can also affect prices over time. Efforts to make production more efficient or sustainable can lower costs, allowing manufacturers to offer EVA at more competitive prices. For example, newer production methods that reduce energy consumption or utilize alternative feedstocks could help reduce dependency on volatile oil prices, thereby stabilizing EVA prices. However, such changes are often gradual and may take time before having a noticeable impact on the market.

Seasonal trends also play a role in EVA pricing. Certain applications of EVA, such as in the construction or agricultural sectors, experience peak demand during specific times of the year. For instance, demand for agricultural films made from EVA may rise during planting seasons, which can drive temporary price increases. Likewise, increased construction activity in warmer months may lead to greater demand for EVA-based materials used in coatings, adhesives, and insulation. Conversely, during periods of reduced activity, such as the winter months, EVA demand might decline, leading to softer prices.

In recent years, sustainability concerns have added another layer of complexity to EVA pricing. As industries move toward greener materials, the pressure to produce EVA with lower environmental impact has risen. Some companies are exploring bio-based alternatives to traditional EVA production, which could reduce dependence on fossil fuels. While these innovations have the potential to alter the pricing landscape in the long term, they are still in their nascent stages, and it remains to be seen how significantly they will impact the overall EVA market.

Finally, global economic conditions and currency fluctuations must be considered when analyzing EVA prices. Since EVA is traded internationally, exchange rates can impact the cost for buyers in different regions. A stronger U.S. dollar, for example, might make EVA more expensive for buyers using weaker currencies, while a weaker dollar could have the opposite effect. Similarly, inflationary pressures in key manufacturing regions can drive up production costs, ultimately translating into higher EVA prices.

In conclusion, EVA prices are influenced by a complex interplay of factors, including raw material costs, supply chain dynamics, demand trends across various industries, trade policies, technological advancements, seasonal factors, sustainability concerns, and global economic conditions. Businesses that depend on EVA must stay vigilant in monitoring these variables to manage their costs effectively and maintain their competitiveness in the market. Understanding the drivers of EVA pricing helps manufacturers and buyers make informed decisions and anticipate market shifts.

Get Real Time Prices for Ethylene Vinyl Acetate (EVA): https://www.chemanalyst.com/Pricing-data/ethylene-vinyl-acetate-74

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#EVA Price #EVA Prices #EVA Price Monitor #Ethylene Vinyl Acetate #Ethylene Vinyl Acetate Price #Ethylene Vinyl Acetate Prices

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tmr-blogs2 · 1 month

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Hyperelastic Material Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2022-2031

The global hyperelastic material market is expected to reach a value of US$ 25.1 Bn by the end of 2031, as per a research report by Transparency Market Research (TMR). In addition, the research report finds that the market for hyperelastic material is expected to grow at a CAGR of 4.9% during the forecast period, from 2022 to 2031.

In the automotive industry, hyperelastic materials are being utilized in the production of superior-quality tires owing to their different properties, including low-rolling resistance and heat resistance. The tires manufactured using hyperelastic materials are being increasingly adopted globally as they can assist in decreasing the CO2 emission levels in the environment and provide a comfortable riding experience to the vehicle drivers. Hence, the expansion of the automotive industry is likely to drive the business opportunities in the global hyperelastic material market during the forecast period, note analysts at TMR.

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Hyperelastic Material Market: Key Findings

Hyperelastic materials are gaining traction in the aeronautical and automotive industries owing to their ability to help in reducing the components size. Thus, a surge in the product demand from the aerospace, railway, and automobile industries is bolstering the market. Moreover, the market is prognosticated to gain notable growth opportunities in the near future owing to many factors including increase in the spending power of people from varied nations and surge in the understanding pertaining to the environmental benefits of these materials, notes TMR’s global market study on hyperelastic material industry.

The government bodies of several nations have introduced stringent policies pertaining to the application of hyperelastic materials. These factors are expected to create lucrative prospects for the hyperelastic material market manufacturers in the near future. This aside, several nations such as the U.K., the U.S., Japan, and Germany are offering incentives and programs that promote the utilization of hyperelastic material. Such factors are projected to help in the overall growth of the hyperelastic material market size during the forecast period, state analysts at TMR.

Hyperelastic Material Market: Growth Boosters

Increase in the product use by automobile manufacturers is projected to boost the demand of hyperelastic material market during the forecast period

Surge in urbanization across many emerging economies across the globe is expected to fuel the growth prospects in the global market for hyperelastic material

Rise in demand for butadiene rubber owing to their improved tensile strength and high resilience is creating notable business prospects in the market

Hyperelastic Material Market: Key Players

Some of the key players profiled in the report are:

Dow

Exxon Mobil Corporation

Sumitomo Chemical Co. Ltd.

LG Chem

REPSOL S.A.

Braskem

LyondellBasell Industries Holdings B.V.

CLARIANT AG

BASF SE

MITSUI CHEMICALS AMERICA, INC.

LANXESS

Hyperelastic Material Market Segmentation

Type

Ethylene Vinyl Acetate

Thermoplastic Polyurethane

Butadiene Rubber

Silicone

Others

Application

Home Bedding

Construction

Aerospace

Railway

Automobile

Oil and Gas

Others

Region

North America

Latin America

Europe

Asia Pacific

Middle East & Africa

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About Transparency Market Research

Transparency Market Research, a global market research company registered at Wilmington, Delaware, United States, provides custom research and consulting services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insights for thousands of decision-makers. Our experienced team of Analysts, Researchers, and Consultants use proprietary data sources and various tools & techniques to gather and analyse information.

Our data repository is continuously updated and revised by a team of research experts so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.

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industryinsightsandanalysis · 1 month

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Hyperelastic Material Market is expected to display a steady growth of 4% due to the rise in aeronautical

According to a new report published by UnivDatos Markets Insights, the Hyperelastic Material Market is expected to grow at a CAGR of around 4% from 2022-2028. The analysis has been segmented into Type (Ethylene Vinyl Acetate, Thermoplastic Polyurethane, Butadiene Rubber, Silicon, and Others); Application (Home Bedding, Aerospace, Construction, Railway, Automobile, Oil & Gas, and Others); Region/Country.

The hyperelastic material market report has been aggregated by collecting informative data on various dynamics such as market drivers, restraints, and opportunities. This innovative report makes use of several analyses to get a closer outlook on the hyperelastic material market. The hyperelastic material market report offers a detailed analysis of the latest industry developments and trending factors in the market that are influencing the market growth. Furthermore, this statistical market research repository examines and estimates the hyperelastic material market at the global and regional levels.

Market Overview

Hyperelastic material or green elastic material is a type of constitutive model for ideally elastic material for which the stress-strain relationship derives from a strain energy density function. The hyperelastic material is a special case of a Cauchy elastic material. In addition, hyperelastic materials exhibit highly nonlinear stress-strain relationships. When tension is applied, the material softens and hardens again, but when pressure is applied, the hyperelastic material becomes very stiff. For example, Mooney-Rivlin rubber can be used extensively to manufacture complex-shaped components. The high deformability and ability to absorb vibrations, as well as the low cost-to-weight ratio, provide growth opportunities for market players.

Factors such as the economic prosperity of the population and environmental benefits & implementation of stringent governmental policies for the use of hyperelastic materials, and product launches in the market are some of the prominent factors that are positively influencing the market growth globally.

Some of the major players operating in the market include ExxonMobil Corporation, The Dow Chemical Company, LG Chem, Sumitomo Chemical Co. Ltd., Braskem, REPSOL S.A., CLARIANT AG, LyondellBasell Industries Holdings B.V., Mitsui Chemicals America Inc., and BASF SE.

COVID-19 Impact

The recent covid-19 pandemic has disrupted the world and has brought a state of shock to the global economy. The global pandemic has impacted the industries industry and has transformed the way industries are delivered. The hyperelastic material market has been significantly affected during these times owing to the delay in the adoption of green elastic material during the pandemic.

The global hyperelastic material market report is studied thoroughly with several aspects that would help stakeholders in making their decisions more curated.

Based on type, the market is segmented into ethylene vinyl acetate, thermoplastic polyurethane, butadiene rubber, silicon, and others. The butadiene rubber category is expected to witness the highest CAGR during the forecast period owing to its use to manufacture products such as tires, scrap tubes, adhesives, roll covers, hoses, gaskets, etc. Additionally, the demand for butadiene rubber is high worldwide. Also, butadiene rubber exhibits high elasticity, excellent tensile strength, tear resistance, and excellent flex properties at low temperatures, making it ideal for a wide variety of applications

Based on application, the hyperelastic material market has been classified into home bedding, aerospace, construction, railway, automobile, oil & gas, and others. The automobile category is likely to witness significant adoption of hyperelastic material during the forecast period. This is mainly because of the high level of flexibility required under heavy loads for long periods of time. Also, hyperelastic properties help define foam behavior, while viscoelastic properties are used to assess the effects of shear stress within the deformable body of an automobile seat. Furthermore, the manufacturing of high-quality tires with different characteristics such as low rolling resistance and excellent heat resistance is increasing the demand for hyperelastic material in the automobile industry

Hyperelastic Material Market Geographical Segmentation Includes:

North America (United States, Canada, and Rest of North America)

Europe (Germany, United Kingdom, Spain, Italy, France, and the Rest of Europe)

Asia-Pacific (China, Japan, India, and the Rest of Asia-Pacific)

Rest of the World

APAC is anticipated to grow at a substantial CAGR during the forecast period. This is mainly due to the increasing demand for the automobile coupled with the growing disposable income, urbanization, and surging per capita spending of individuals in the emerging economies of the region is driving the growth of the market. Moreover, the wide expanse of applications along with growth in the construction, railway, automobile, oil & gas sector is further expected to support the market growth. In addition, the constant development of the industries along with growth in consumption further accelerates the hyperelastic material market growth in the region. Also, major players in the market continue to invest in various types of hyperelastic manufacturing. For instance, WACKER acquires a 60 percent stake in specialty silane manufacturer SICO Performance Material Company to further expand the share of high-margin specialties in our silicone business worldwide.

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The major players targeting the market include

ExxonMobil Corporation

The Dow Chemical Company

LG Chem

Sumitomo Chemical Co. Ltd.

Braskem

REPSOL S.A.

CLARIANT AG

LyondellBasell Industries Holdings B.V.

Mitsui Chemicals America Inc.

BASF SE

Competitive Landscape

The degree of competition among prominent global companies has been elaborated by analyzing several leading key players operating worldwide. The specialist team of research analysts sheds light on various traits such as global market competition, market share, most recent industry advancements, innovative product launches, partnerships, mergers, or acquisitions by leading companies in the hyperelastic material market. The major players have been analyzed by using research methodologies for getting insight views on global competition.

Key questions resolved through this analytical market research report include:

• What are the latest trends, new patterns, and technological advancements in the hyperelastic material market?

• Which factors are influencing the hyperelastic material market over the forecast period?

• What are the global challenges, threats, and risks in the hyperelastic material market?

• Which factors are propelling and restraining the hyperelastic material market?

• What are the demanding global regions of the hyperelastic material market?

• What will be the global market size in the upcoming years?

• What are the crucial market acquisition strategies and policies applied by global companies?

We understand the requirement of different businesses, regions, and countries, we offer customized reports as per your requirements of business nature and geography. Please let us know If you have any custom needs.

Browse Related Newsletter from UnivDatos Market Insights

High-Purity Neon Gas Market - SWOT Analysis [2023-2028]

Industrial Flooring Market - SWOT Analysis [2023-2028]

About Us:

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#Hyperelastic Material Market

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tamanna31 · 1 month

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Hot Melt Adhesives 2021 Industry Analysis, Company Profiles And Industrial Overview Research Report | Forecast 2028

Hot Melt Adhesives Industry Overview

The global hot melt adhesives market size was valued at USD 7.37 billion in 2020 and is expected to expand at a compound annual growth rate (CAGR) of 4.8% from 2021 to 2028.

Increasing usage of hot glue adhesives in the packaging industry for various applications such as sealing of boxes and cartons for food and general consumer packaging is propelling the market growth. Hot melt adhesives (HMAs) offer adhesion to a wide variety of materials and surfaces, such as fabric, papers, ceramic, metal, cardboard, and plastics, which makes them suitable for DIY applications. Although DIY is leading in developed economies such as North America and Europe, it is a relatively new concept. The DIY applications include craft, general goods packaging, and wood working.

Gather more insights about the market drivers, restrains and growth of the Hot Melt Adhesives Market

The U.S. is a prominent manufacturer and consumer of hot melt adhesives. The product demand increased drastically on account of the lockdown that occurred due to the COVID-19 outbreak. The shutdown led to the growth of e-commerce product delivery services, which augmented both production and consumption activities as hot melt adhesives are widely used in the packaging of parcel boxes.

However, the manufacturing companies faced a shortage in supply of raw materials, such as additives, polymers, and resins, as there was a hike in prices owing to the disruptions caused by the pandemic. The impact of the pandemic was not limited to the raw material side but had an adverse effect on the end-use industries.

Increasing demand for bio-based hot melt adhesives in the U.S. owing to their sustainability is driving the market. For instance, Jowat, a company engaged in manufacturing adhesives, has introduced products made from renewable raw materials, which has received certification from the United States Department of Agriculture (USDA), particularly for the North American market.

Growing construction activities and renovation of the existing buildings are propelling the demand for hot melt adhesives owing to their multiple applications, including the installation of floors, carpets, ceramic tiles, and glasses. The usage of HMA increases the aesthetic appearance of the floor compared to staples and nails.

Browse through Grand View Research's Advanced Interior Materials Industry Research Reports.

The global water cut monitors market size was estimated at USD 247.5 million in 2023 and growing at a CAGR of 5.1% from 2024 to 2030.

The global tensiometer market size was estimated at USD 148.5 million in 2023 and is anticipated to grow at a CAGR of 7.5% from 2024 to 2030.

Segments Covered in the Report

This report forecasts revenue and volume growth at the global, regional, and country levels and provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2017 to 2028. For the purpose of this study, Grand View Research has segmented the global hot melt adhesives market report on the basis of product, application, and region:

Product Outlook (Volume, Kilotons; Revenue, USD Million, 2017 - 2028)

Ethylene-vinyl Acetate (EVA)

Polyurethane

Rubber

Polyolefin

Others

Application Outlook (Volume, Kilotons; Revenue, USD Million, 2017 - 2028)

Packaging

Assembly

Woodworking

Automotive

Nonwovens

Others

Regional Outlook (Volume, Kilotons; Revenue, USD Million, 2017 - 2028)

North America

U.S.

Canada

Mexico

Europe

Germany

France

U.K.

Italy

Spain

Asia Pacific

China

Japan

India

South Korea

Central & South America

Brazil

Colombia

Argentina

Middle East & Africa

GCC

Key Companies & Market Share Insights

The major companies operating in the market are primarily focusing on regional expansion, mergers & acquisitions, and high profit-margin segments. For instance, in September 2021, Meridian Adhesives Group, a leading manufacturer and formulator of water-based and hot-melt adhesives and coatings, had acquired Prime Blend LLC.

In addition, in October 2020, Pidilite Industries Ltd. had acquired Huntsman Group’sIndian subsidiary Huntsman Advanced Materials Solutions Private Limited (HAMSPL) worth USD 257 million (rupees 2,100 crores) with an aim to expand its product offering for do-it-yourself (DIY) consumer adhesives business. This enables the company to leverage the market growth. Some prominent players in the global hot melt adhesives market include:

Henkel AG & Co. KGaA

H.B. Fuller Company

Dow

Sika AG

Jowat SE

Arkema Group

Ashland

Avery Dennison Corporation

Beardow Adams

Order a free sample PDF of the Hot Melt Adhesives Market Study, published by Grand View Research.

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globalgrowthinsights · 2 months

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Artificial Cornea and Corneal Implant Market: Dissecting the Factors Steering Growth and Potential Risks

Artificial Cornea and Corneal Implant Market provides in-depth analysis of the market state of Artificial Cornea and Corneal Implant manufacturers, including best facts and figures, overview, definition, SWOT analysis, expert opinions, and the most current global developments. The research also calculates market size, price, revenue, cost structure, gross margin, sales, and market share, as well as forecasts and growth rates. The report assists in determining the revenue earned by the selling of this report and technology across different application areas.

Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of Artificial Cornea and Corneal Implant in these regions till the forecast period

North America

Middle East and Africa

Asia-Pacific

South America

Europe

Key Attentions of Artificial Cornea and Corneal Implant Market Report:

The report offers a comprehensive and broad perspective on the global Artificial Cornea and Corneal Implant Market.

The market statistics represented in different Artificial Cornea and Corneal Implant segments offers complete industry picture.

Market growth drivers, challenges affecting the development of Artificial Cornea and Corneal Implant are analyzed in detail.

The report will help in the analysis of major competitive market scenario, market dynamics of Artificial Cornea and Corneal Implant.

Major stakeholders, key companies Artificial Cornea and Corneal Implant, investment feasibility and new market entrants study is offered.

Development scope of Artificial Cornea and Corneal Implant in each market segment is covered in this report. The macro and micro-economic factors affecting the Artificial Cornea and Corneal Implant Market

Advancement is elaborated in this report. The upstream and downstream components of Artificial Cornea and Corneal Implant and a comprehensive value chain are explained.

Browse More Details On This Report at @https://www.globalgrowthinsights.com/market-reports/artificial-cornea-and-corneal-implant-market-100558

Global Growth Insights

Web: https://www.globalgrowthinsights.com

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robertsteven65 · 2 months

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Acetic Acid Market Forecast: Insights into Future Growth

Overview

Acetic Acid Market size is expected to be worth around USD 35.2 billion by 2032 from USD 21.8 billion in 2022, growing at a CAGR of 4.90% during the forecast period from 2022 to 2032.

The high-purity acetic acid market is set to grow significantly due to its crucial role as a foundational element in the production of various chemicals and utilities across multiple industries. This includes plastics, rubber, inks, and textiles, where acetic acid serves as an essential building block.

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The anticipated growth in end-use industries such as plastics, textiles, and chemicals is expected to drive demand for acetic acid in the forecast year. Additionally, the shift from PET bottles to glass bottles for alcoholic beverages is projected to boost the demand for terephthalic acid, positively impacting the acetic acid market.

The presence of multinational companies and their continuous expansion efforts and joint ventures further support market growth. The product's designation as "food grade" when used according to good manufacturing practices and compliance with the Food Chemical Code emphasizes its safety for food applications, enhancing its appeal in the food industry.

The global acetic acid market is highly competitive, with numerous multinational companies engaged in extensive research and development activities. These companies often pursue expansion, collaboration, and joint venture initiatives to gain a competitive edge. As a result, the competitive landscape is expected to remain intense throughout the forecast period. The increasing demand for food and food safety also contributes to the anticipated growth of acetic acid products.

Key Market Segments

Based on Application

Vinyl Acetate Monomer (VAM)

Purified Terephthalic Acid (PTA)

Ester Solvents

Acetic Anhydride

Others

Based on End-User

Food and beverages

Paints and coating

Plastics & Polymers

Pharmaceutical

Chemicals

Others

Application Analysis:

In 2022, the vinyl acetate monomer application segment held a 44.5% market share due to rising demand for printed goods, paints, coatings, and paper coatings. Acetic anhydride, used in photographic films, cigarette filters, and pharmaceuticals, held the second largest market share at 19%.

End-User Analysis:

The food and beverage segment leads the market, driven by acetic acid's use in manufacturing plastic bottles, serving as a cleaning agent, and being a key ingredient in vinegar for cooking and pickling.

Market Key Players

Eastman Chemical Company

Celanese Corporation

LyondellBasell Industries Holding B.V.

SABIC

HELM AG

Airedale Chemical Company Limited

Indian Oil Corporation Ltd

Gujarat Narmada Valley Fertilizers & Chemicals Limited

Pentokey Organic

Ashok Alco Chem Limited

DAICEL CORPORATION

The Dow Chemical Product

DubiChem

INEOS

Other Key Players

Driving Factors:

The increasing demand for vinyl acetate monomer (VAM) is boosting the acetic acid market. VAM is essential in producing resins and polymers for coatings, adhesives, films, paints, and textiles. Its application as a barrier resin in PET bottles and its ability to adhere to various substrates support market growth.

Restraining Factors:

The harmful effects of acetic acid, including its corrosiveness to skin and eyes and potential internal damage if ingested or inhaled, pose significant safety concerns. Growing consumer awareness of these risks may reduce chemical adoption, limiting market expansion.

Opportunities:

Technological advancements in developing polymers and products using VAM as a raw material are driving demand. Innovations in the production of ethylene vinyl alcohol (EVOH) for food packaging and other applications present significant growth opportunities.

Challenges:

The mature nature of the VAM market, with its fluctuating consumption patterns, poses a challenge to sustained growth. Any decline in VAM usage can hinder the acetic acid market, acting as a barrier to continuous expansion.

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trendingrepots · 3 months

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Pressure Sensitive Adhesives Market Overview

Pressure Sensitive Adhesives Market size is forecast to reach US$ 9.5 billion by 2026, after growing at a CAGR of 6.5% during 2021-2026. Globally, the rising demand for pressure-sensitive adhesives (PSA) owing to its thin, flexible material with single or double-sided coating in various end-use industries such as packaging, automotive, and electronics is estimated to drive the market growth. The increasing usage of resins such as silicone polymers, polyisobutene, and elastomers, generally synthetic rubber as the base polymer owing to its functionality and durability, in various end-use sectors will also substantially drive the demand for PSAs. Nitrocellulose adhesive, hydrogenated hydrocarbon resins, and ethylene-vinyl acetate are the thermoplastic resins generally employed in pressure-sensitive adhesives. Moreover, the increasing usage of bio-based pressure-sensitive adhesives and advancements in pressure-sensitive adhesive tapes is expected to offer enormous market expansion opportunities and boost the pressure-sensitive adhesives (PSA) industry in the projected time frame.

𝐃𝐨𝐰𝐧𝐥𝐨𝐚𝐝 𝐑𝐞𝐩𝐨𝐫𝐭 𝐒𝐚𝐦𝐩𝐥𝐞

Impact of Covid-19

The COVID-19 pandemic and its disruption to several manufacturing activities declined the growth of the pressure sensitive adhesives market in the year 2020. Due to the supply chain disruption and insufficient labor, the manufacturing activities of the packaging, automotive, and electrical and electronic industries were set at a pause which affected the market growth. Furthermore, considering the new government norms and reopening of several industries, it is presumed that the market for pressure sensitive adhesives will return to normal conditions.

Report Coverage

The: “Pressure Sensitive Adhesives Market Report – Forecast (2021-2026)”, by IndustryARC, covers an in-depth analysis of the following segments of the pressure sensitive adhesives Market.

By Formulation: Water-based, Solvent-based, Hot Melt, Others

By Resin Type: Elastomer (Natural and Synthetic), Acrylic, Silicone, Ethylene-Vinyl Acetate, Polyvinyl Ether, Polyisobutene, Polybutadiene, and Others

By Application: Tapes, Labels, Graphics, and Others

By End Use Industry: Construction, Automotive, Electronics, Medical and Healthcare, Paper, Furniture, Renewable Energy, Wood Working, and Others

By Geography: North America (USA, Canada, and Mexico), Europe (UK, Germany, Italy, France, Spain, Netherlands, Russia, Belgium, and Rest of Europe), Asia Pacific (China, Japan, India, South Korea, Australia and New Zealand, Taiwan, Indonesia, Malaysia, and Rest of Asia Pacific),South America (Brazil, Argentina, Colombia, Chile, and Rest of South America), and RoW (Middle East and Africa)

Key Takeaways

Asia-pacific region dominated the pressure sensitive adhesives Market due to the rising government investments in the healthcare, electronics, and construction and infrastructure segments in countries such as China, India, South Korea, and Australia.

Current product innovations to improve modulus of elasticity and rigidity are expected to broaden the application range of pressure sensitive adhesives in structural applications and drive the growth of the market in the projected period.

Rising demand for silicone polymers based pressure sensitive adhesive (PSA) in the electronic and medical industry will further drive the growth of the pressure sensitive adhesives market.

Low adhesive strength provided by the pressure-sensitive adhesives (PSA) would further affect the growth of the market over the forecast period.

#Pressure Sensitive Adhesives market price #Pressure Sensitive Adhesives market size #Pressure Sensitive Adhesives market share

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marketsndata · 3 months

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Thermoplastic Elastomer Market Size, Share and Growth Report, 2031

Global thermoplastic elastomers market is projected to witness a CAGR of 3.9% during the forecast period 2024-2031, growing from 6.25 million tons in 2023 to 8.49 million tons in 2031. The flourishing footwear industry is augmenting the demand for thermoplastic elastomers market growth. This growth is attributed to footwear sales through e-commerce sites and increasing sports events. The increasing deployment of thermoplastic elastomers in transport parts bolstered market growth. For instance, according to the Alliance for Automotive Manufacturers, in 2022, investments in automotive parts manufacturing reached USD 43 billion.

The robust growth of the transportation sector is ascribed to various factors, including the production expansion of aircraft, multiple government initiatives to develop electric vehicle manufacturing hubs, and the ongoing manufacturing activities associated with the new marine vessels. The increasing consumer demand for a new range of footwear, shifting consumer preferences, and advancements in manufacturing technologies are some of the prime attributes influencing the growth of the footwear industry at the global level. Thus, the robust growth of the transportation and footwear sectors at the global level is boosting the demand for thermoplastic elastomers to ensure superior chemical resistance, which, in turn, is supplementing the market growth.

In addition, the recent opening of new facilities for thermoplastic elastomer development will boost the supply of products in the global market, thereby creating a lucrative opportunity for market growth in the long run. For instance, in October 2022, Audia Elastomers launched a new manufacturing plant in Changshu, China. The new manufacturing facility of Audia Elastomers is manufacturing a range of elastomers, including thermoplastic elastomers (TPEs). However, thermoplastic elastomers have several performance limitations, restraining the market’s growth.

The Booming Transportation Industry at the Global Level is Augmenting the Market Traction

In the transportation industry, deploying thermoplastic elastomers is vital as the material ensures superior benefits, such as being lightweight, cost-effective, and highly durable, as opposed to thermoset materials in the total system cost, thereby making it increasingly desirable for transport product manufacturers. Thermoplastic elastomers are employed in transportation products such as commercial aircraft, passenger vehicles, cruise ships, and others. The development of new transport manufacturing facilities, rising commercial flight activities, increasing aircraft production, and surging innovations in the upgraded transport vehicle models are some of the prominent variables fostering the transportation sector’s growth at the global level.

For instance, according to Airbus, a global aircraft manufacturer, the production of A330 aircraft reached 3 per month in 2022. Moreover, Airbus is focusing on increasing the production of A330 aircraft by 4 in 2024. Furthermore, Airbus delivered 611 commercial aircraft units, and in 2022, it was 661 units, an annual growth rate of 8%. Hence, the booming transportation industry is fueling the adoption of thermoplastic elastomers for manufacturing bumpers, air ducts, and high & low-pressure pipes, which forms a major aspect accelerating the market growth.

Download free Sample Report- https://www.marketsandata.com/industry-reports/thermoplastic-elastomers-market/sample-request

The Bolstering Footwear Sector is Supplementing the Growth of the Market

Thermoplastic elastomers are ideal for manufacturing footwear midsoles as TPEs serve significantly higher levels of flexibility than traditional materials such as ethylene-vinyl acetate (EVA) foams. Additionally, thermoplastic elastomers can be molded into complex shapes for enhanced cushioning, shock absorbency, and support. The footwear sector is experiencing significant demand growth due to several key factors, including the growing sales facilitated by e-commerce, extensive spending on advertising by footwear brands, rising demand for athletic, trendy, and comfortable footwear, and rapid urbanization.

According to the recent statistics published by the World Footwear Yearbook 2023, 2022 global footwear production was 23.9 billion pairs, representing a year-on-year growth rate of 7.6%. Likewise, according to the Sports & Fitness Industry Association (SFIA), the sporting goods industry experienced record-breaking sales in 2021, with a 15.8% increase in revenue from 2020 and a 16.4% increase since 2019 pre-pandemic numbers. Henceforth, the bolstering footwear sector is spurring the demand for thermoplastic elastomers to ensure superior damping properties, propelling the market growth.

Superior Technical Properties of Thermoplastic Elastomers are Amplifying the Market Growth

The thermoplastic elastomers are equipped with beneficial technical properties such as specific gravity at 0.89-1.0, shore hardness of 60A-75D, low-temperature limit at -60°C, high-temperature limit at 120°C, compression set resistance at 100 °C, and resistance to hydrocarbon fluids. Thus, due to the above technical properties, thermoplastic elastomers are often deployed in various applications such as transport parts, construction extruded seals, and electrical and electronic components.

For instance, according to the recent data published by Invest India, in 2022, the production of electronic components in India was valued at USD 11 billion and is projected to reach USD 18 billion by 2026. Therefore, the superior technical properties associated with thermoplastic elastomers augment the adoption of TPEs across various applications, thereby proliferating the market growth.

Asia-Pacific Held a Significant Share in the Thermoplastic Elastomers Market

The regional economic growth of the Asia-Pacific is driven by the expansion of the various end-use industries such as medical equipment, transportation, building & construction, and industrial. Prominent variables, such as increasing spending power of people, flexible trade regulations, easy availability of raw materials, and ease of import-export policies, are some of the favorable aspects fostering the growth of the transportation sector in the Asia Pacific region.

According to the recent report published by the Organisation Internationale des Constructeurs d’Automobiles (OICA), in 2022, the Asia Pacific region held the highest manufacturing share in the global automotive share, which was 58.8% of the global automotive share. Moreover, in 2021, the production of automobiles in the Asia-Pacific region was 46,768,800 units, whereas in 2022, it was 50,020,793, representing a year-on-year growth rate of 7%. Thus, the booming transportation sector in the Asia-Pacific region is boosting the adoption of thermoplastic elastomers to ensure superior durability, thereby supplementing the market growth in the region.

Impact of COVID-19

The COVID-19 pandemic in 2020 restrained the supply of raw materials, labor movement, and halt in the production of non-essential industrial products. As a result, the demand for thermoplastic elastomers declined. Furthermore, the demand revenue losses incurred by various end-use industries, such as transportation, industrial, and building and construction, resulted in the decline in the growth of the thermoplastic elastomers industry.

For instance, according to the statistics published by the Organisation Internationale des Constructeurs d’Automobiles (OICA), in 2019, the global production of automotive was 92,175,805 units and in 2020, it was 77,621,582, a decline of 15.8%. However, the sudden surge in the need for medical equipment boosted the demand for thermoplastic elastomers. Additionally, favorable government measures across various countries efficiently promoted the resurgence of various end-use industries, including thermoplastic elastomers, thereby accelerating the market growth in the years 2021 and 2022.

Impact of Russia Ukraine War

The Russia and Ukraine war had a strong impact on respective economies. Since Russia is among the major trade partners of Europe, the supply chain disruption strongly impacted the production activities in the region. As a result, there was a shortage of automotive components in the European countries during 2022, ultimately resulting in a decline in automotive production in the region.

For instance, according to the recent data published by the Organisation Internationale des Constructeurs d’Automobiles (OICA), in 2021, the automotive production in Netherlands was 107,021 units and in 2022, it was 101,670 units, an annual decline of 5% as compared to 2021. However, the procurement of materials from local sources and other prominent markets such as China and India aided the growth of the thermoplastic elastomers market despite the impact of the Russia-Ukraine war in the first half of 2022.

Report Scope

“Thermoplastic Elastomers Market Assessment, Opportunities and Forecast, 2017-2031F”, is a comprehensive report by Markets and Data, providing in-depth analysis and qualitative and quantitative assessment of the current state of the global thermoplastic elastomers market, industry dynamics and challenges. The report includes market size, segmental shares, growth trends, COVID-19 and Russia-Ukraine war impact, opportunities, and forecast between 2024 and 2031. Additionally, the report profiles the leading players in the industry mentioning their respective market share, business model, competitive intelligence, etc.

Click here for full report- https://www.marketsandata.com/industry-reports/thermoplastic-elastomers-market

Contact

Mr. Vivek Gupta 5741 Cleveland street, Suite 120, VA beach, VA, USA 23462 Tel: +1 (757) 343–3258 Email: [email protected] Website: https://www.marketsandata.com

#Thermoplastic Elastomer Market #Thermoplastic Elastomer Market Size #Thermoplastic Elastomer Market Share

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boatarenttahoe · 3 months

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Kids Retail Fitness Market 2024 Driving Factors Forecast Research 2032

Kids Retail Fitness Market provides in-depth analysis of the market state of Kids Retail Fitness manufacturers, including best facts and figures, overview, definition, SWOT analysis, expert opinions, and the most current global developments. The research also calculates market size, price, revenue, cost structure, gross margin, sales, and market share, as well as forecasts and growth rates. The report assists in determining the revenue earned by the selling of this report and technology across different application areas.

Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of Kids Retail Fitness in these regions till the forecast period

North America

Middle East and Africa

Asia-Pacific

South America

Europe

Key Attentions of Kids Retail Fitness Market Report:

The report offers a comprehensive and broad perspective on the global Kids Retail Fitness Market.

The market statistics represented in different Kids Retail Fitness segments offers complete industry picture.

Market growth drivers, challenges affecting the development of Kids Retail Fitness are analyzed in detail.

The report will help in the analysis of major competitive market scenario, market dynamics of Kids Retail Fitness.

Major stakeholders, key companies Kids Retail Fitness, investment feasibility and new market entrants study is offered.

Development scope of Kids Retail Fitness in each market segment is covered in this report. The macro and micro-economic factors affecting the Kids Retail Fitness Market

Advancement is elaborated in this report. The upstream and downstream components of Kids Retail Fitness and a comprehensive value chain are explained.

Browse More Details On This Report at @https://www.globalgrowthinsights.com/market-reports/kids-retail-fitness-market-101470

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Web: https://www.globalgrowthinsights.com

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Kids Retail Fitness Market Share

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#Kids Retail Fitness Market Size #Kids Retail Fitness Market Share #Kids Retail Fitness Market Trends #Kids Retail Fitness Market Industry #Kids Retail Fitness Market Growth

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spookysaladchaos · 4 months

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Global Top 5 Companies Accounted for 85% of total PV Modules market (QYResearch, 2021）

An encapsulant is used to provide adhesion between the solar cells, the top surface and the rear surface of the PV module. The encapsulant should be stable at elevated temperatures and high UV exposure. It should also be optically transparent and should have a low thermal resistance. EVA (ethyl vinyl acetate) is the most commonly used encapsulant material. EVA comes in thin sheets which are inserted between the solar cells and the top surface and the rear surface. This sandwich is then heated to 150 °C to polymerize the EVA and bond the module together.

Encapsulant materials used in photovoltaic (PV) modules serve multiple purposes; it provides optical coupling of PV cells and protection against environmental stress. Polymers must perform these functions under prolonged periods of high temperature, humidity, and UV radiation. When PV panels were first developed in the 1960s and the 1970s, the dominant encapsulants were based on polydimethyl siloxane (PDMS). Ethylene-co-vinyl acetate (EVA) is currently the dominant encapsulant chosen for PV applications, not because it has the best combination of properties, but because it is an economical option with an established history of acceptable durability. Getting new products onto the market is challenging because there is no room for dramatic improvements, and one must balance the initial cost and performance with the unknowns of long-term service life. Recently, there has been renewed interest in using alternative encapsulant materials with some significant manufacturers switching from EVA to polyolefin elastomer-based (POE) alternatives.

According to the new market research report “Global PV Modules Market Report 2023-2029”, published by QYResearch, the global PV Modules market size is projected to reach USD 7.38 billion by 2029, at a CAGR of 11.2% during the forecast period.

Figure. Global PV Modules Market Size (US$ Million), 2018-2029

Figure. Global PV Modules Top 5 Players Ranking and Market Share（Based on data of 2021, Continually updated）

The global key manufacturers of PV Modules include First, Sveck, HIUV, Bbetter, Cybrid Technologies, 3M, Hanwha, Lucent CleanEnergy, Vishakha Renewables, Tianyang, etc. In 2021, the global top five players had a share approximately 85.0% in terms of revenue.

About QYResearch

QYResearch founded in California, USA in 2007.It is a leading global market research and consulting company. With over 16 years’ experience and professional research team in various cities over the world QY Research focuses on management consulting, database and seminar services, IPO consulting, industry chain research and customized research to help our clients in providing non-linear revenue model and make them successful. We are globally recognized for our expansive portfolio of services, good corporate citizenship, and our strong commitment to sustainability. Up to now, we have cooperated with more than 60,000 clients across five continents. Let’s work closely with you and build a bold and better future.

QYResearch is a world-renowned large-scale consulting company. The industry covers various high-tech industry chain market segments, spanning the semiconductor industry chain (semiconductor equipment and parts, semiconductor materials, ICs, Foundry, packaging and testing, discrete devices, sensors, optoelectronic devices), photovoltaic industry chain (equipment, cells, modules, auxiliary material brackets, inverters, power station terminals), new energy automobile industry chain (batteries and materials, auto parts, batteries, motors, electronic control, automotive semiconductors, etc.), communication industry chain (communication system equipment, terminal equipment, electronic components, RF front-end, optical modules, 4G/5G/6G, broadband, IoT, digital economy, AI), advanced materials industry Chain (metal materials, polymer materials, ceramic materials, nano materials, etc.), machinery manufacturing industry chain (CNC machine tools, construction machinery, electrical machinery, 3C automation, industrial robots, lasers, industrial control, drones), food, beverages and pharmaceuticals, medical equipment, agriculture, etc.

For more information, please contact the following e-mail address:

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#PV Modules

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chemanalystdata · 27 days

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Vinyl Acetate Monomer (VAM) Prices is a crucial chemical intermediate widely used in the production of polymers and copolymers for a variety of industries. As a vital component in products such as adhesives, coatings, films, paints, and textiles, its market dynamics are closely followed by stakeholders. The prices of vinyl acetate monomer are influenced by multiple factors, including the costs of raw materials, supply and demand imbalances, geopolitical events, and changes in manufacturing capacities. The global market for vinyl acetate monomer has seen significant fluctuations in pricing over recent years, making it essential to understand the drivers behind these changes.

One of the primary drivers of vinyl acetate monomer prices is the cost of ethylene, a key feedstock used in the production of VAM. Ethylene itself is derived from petroleum or natural gas, so any variations in the price of crude oil or natural gas directly impact ethylene prices, and subsequently, VAM prices. When crude oil prices rise, the cost of ethylene typically follows suit, leading to higher production costs for vinyl acetate monomer. Conversely, when oil prices decline, there is usually downward pressure on VAM prices as the cost of producing the monomer becomes cheaper. This link between crude oil and vinyl acetate monomer pricing creates a volatile market, as both global and regional factors can cause oil prices to shift dramatically.

Another significant factor influencing vinyl acetate monomer prices is the balance of supply and demand in the market. VAM production capacity is concentrated in specific regions, and any disruption in these areas can have an outsized effect on prices. For example, plant outages due to maintenance, technical issues, or natural disasters can lead to supply shortages, pushing prices higher as manufacturers scramble to secure available stocks. Additionally, new plant capacity or expansions can help alleviate supply constraints and bring prices down by increasing the availability of the monomer in the market. The demand for vinyl acetate monomer is driven by its widespread application across various industries, particularly in the production of polyvinyl acetate (PVA) and polyvinyl alcohol (PVOH), both of which are essential in adhesives, paints, and coatings. A surge in demand for these downstream products, particularly in high-growth regions such as Asia-Pacific, can drive up VAM prices.

Get Real Time Prices for Vinyl Acetate Monomer (VAM): https://www.chemanalyst.com/Pricing-data/vinyl-acetate-monomer-34

The geographical distribution of VAM production and consumption also plays a role in determining prices. Asia-Pacific is the largest market for vinyl acetate monomer, with China being the dominant player in terms of both production and consumption. As China's manufacturing sector continues to expand, particularly in industries that utilize VAM, the demand for the monomer has increased, exerting upward pressure on prices. At the same time, China is a significant exporter of vinyl acetate monomer, and its pricing policies, export regulations, and trade relations with other countries can influence global prices. Other regions, such as North America and Europe, are also key markets for VAM, with significant production capacities. However, these regions often import VAM to meet domestic demand, and any disruptions in trade flows, tariffs, or logistical challenges can lead to price fluctuations.

Geopolitical events also have a substantial impact on the pricing of vinyl acetate monomer. Trade tensions, tariffs, and sanctions between major economic powers can alter trade patterns, affecting both the supply of and demand for VAM. For instance, tariffs on chemical imports and exports can increase costs for manufacturers and consumers alike, which in turn pushes prices higher. Sanctions or political instability in countries that produce or export large quantities of VAM or its feedstocks can disrupt supply chains and create uncertainty in the market, further contributing to price volatility. As a result, industry participants must keep a close eye on geopolitical developments that could affect the availability and pricing of vinyl acetate monomer.

Another key factor in the pricing of vinyl acetate monomer is the environmental regulations and sustainability goals set by various governments and industry bodies. Increasingly, chemical manufacturers are being held to higher environmental standards, with regulations requiring the reduction of emissions and the adoption of cleaner production processes. Complying with these regulations often leads to increased production costs, as companies invest in new technologies and processes to meet environmental standards. These added costs are typically passed on to the consumer in the form of higher VAM prices. Furthermore, the global shift towards sustainability and the circular economy is influencing demand for products made from VAM. Consumers are becoming more environmentally conscious, which can alter demand patterns for adhesives, coatings, and other VAM-derived products, thereby affecting prices.

Technological advancements in the production of vinyl acetate monomer have also influenced prices. Innovations that improve production efficiency, reduce energy consumption, or allow for the use of alternative feedstocks can lead to lower production costs and, in turn, reduce prices. For example, the development of bio-based production methods for VAM could potentially lower dependency on petroleum-based feedstocks, thereby stabilizing prices in the long term. However, the adoption of such technologies is still in its early stages, and widespread implementation may take time.

During the height of the pandemic, global manufacturing and industrial activities slowed significantly, reducing demand for VAM and its derivative products. As a result, prices saw a sharp decline due to oversupply and diminished demand. However, as the global economy recovered and industrial activity resumed, demand for VAM rebounded, leading to a surge in prices. Supply chain disruptions caused by the pandemic, including shortages of raw materials, transportation bottlenecks, and labor shortages, further exacerbated the price volatility in the market. Moving forward, the ongoing impact of the pandemic on global supply chains and manufacturing will continue to influence vinyl acetate monomer prices.

In conclusion, the prices of vinyl acetate monomer are shaped by a complex interplay of factors, including the costs of raw materials like ethylene, supply and demand dynamics, geopolitical events, environmental regulations, technological advancements, and unforeseen disruptions such as the COVID-19 pandemic. Understanding these factors is essential for industry stakeholders who need to navigate the volatility of the market. As the global economy continues to evolve and new challenges and opportunities emerge, the pricing of vinyl acetate monomer will remain a critical concern for manufacturers, distributors, and consumers alike.

Get Real Time Prices for Vinyl Acetate Monomer (VAM): https://www.chemanalyst.com/Pricing-data/vinyl-acetate-monomer-34

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#Vinyl Acetate Monomer #Vinyl Acetate Monomer Price #Vinyl Acetate Monomer Price Monitor #Vinyl Acetate Monomer Pricing #Vinyl Acetate Monomer News

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dbmr-blog-news · 5 months

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#Global Ethylene Copolymers Market

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industryinsightsandanalysis · 1 month

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Water-Based Adhesive Specialty Tapes Market – Global Industry Analysis, Size, Share, Growth & Forecast (2022-2028)

Water-Based glue specialty tapes otherwise called water-borne cement is a sort of cement that is made from solvent engineered or regular polymers. They are developed by combining water, polymers, and additives and can be made from natural or man-made materials. They work well on substrates that are porous or not. These glues might be planned as arrangements and are actuated as the water vanishes or is consumed by the substrate. Likewise, they are used in various applications, including paper and bundling, tapes, and names, building and development, and car and transportation, due to their adaptability and fast setting time. Additionally, the healthcare sector makes extensive use of specialty adhesive tapes that are based on water. It is specifically used to cover wounds and incisions in waterproof and surgical tapes. These tapes have antigenic properties, and they grasp onto the skin, gauze, or dressing material.

Due to the variety of essential qualities it possesses, including durability, adaptability, and affordability, the Water-Based Adhesive Specialty Tapes Market is anticipated to expand at a steady rate of approximately 6%. Significant organizations in the market offer water-based cement specialty tapes for buyers inside the auto business for productive, solid assembling processes and tastefully satisfying, sturdy securities. For instance, Bostik SA introduced Aquagrip 3720, a water-based adhesive for interior assembly applications in automobiles, in August 2020.

Access a sample report, which includes figures, graphs, and charts: The market is segmented into acrylic polymer emulsion (APE), polyvinyl acetate (PVA) emulsion, polyurethane dispersion (PUD), vinyl acetate-ethylene (VAE), and styrene-butadiene (sb) latex based on the type of resin. The PVA emulsion classification is to witness higher CAGR before long as it creates clear, hard movies that have great climate opposition and can areas of strength for endure against natural powers, water, oil, oil, and petrol energizes. In addition, PVA emulsions are inexpensive, have a high initial tack, a bond line that is almost invisible, soften at 30–45 °C, and are resistant to biodegradation. Additionally, because of their ease of use and superior adhesion, polyvinyl acetate (PVA) emulsions are frequently utilized as paper and woodwork adhesives. After being repackaged into smaller containers, it is even utilized as an adhesive or glue for household use.

Automotive, electrical and electronics, construction, healthcare, logistics, and electric vehicles are the application-based segments of the market. The medical services classification is to observe critical development during the figure time frame. With the rising rate of ongoing and intense illnesses, wounds, consumes, and other medical problems, the medical care area is developing. It can be used to cover wounds and incisions in waterproof and surgical tapes, among other applications. These tapes also hold tightly to the skin, bandage, or dressing material and have antigenic properties. As a result, the market for water-based adhesive specialty tapes is anticipated to expand in the coming years as a result of a rise in demand for medical products, technological advancements, and increased investment in the healthcare sector.

For an itemized examination of the Worldwide Water-based Glue Specialty Tapes Market peruse - https://univdatos.com/get-a-free-sample-form-php/?product_id=39127

For a superior comprehension of the market reception of the water-based glue specialty tapes industry, the market is broke down in light of its overall presence in the nations like North America (U.S., Canada, Rest of North America), Europe (Germany, The Unified Realm, France, Spain, Italy, Rest of Europe), Asia-Pacific (China, Japan, India, Rest of Asia-Pacific), Rest of World. During the forecast period, it is anticipated that Asia-Pacific will expand at a substantial CAGR. Because of the popularity for conventional injury care items, for example, dry dressings, emergency treatment packs, and cement gauzes in the district. The region's market is also expanding due to the expanding automotive, healthcare, and electrical and electronics industries, as well as economic expansion and rising disposable income. The market's major players are also contributing to its expansion. For example, in November 2020, Pidilite Ventures, an Indian cements fabricating organization procured Huntsman Enterprise to add serious areas of strength for extremely to the market. In addition, the government is investing in the sector and contributing to its growth. For instance, the size of the Indian healthcare industry is anticipated to reach $372 billion by 2022, according to the National Institution for Transforming India (NITI) Aayog.

A portion of the key part working in the market incorporate 3M Organization, Nitto Denko Enterprise, Tesa SE, LINTEC Enterprise, Shurtape Innovations LLC, Lohmann GmbH and Co. KG, Intertape Polymer Gathering Inc., Ashland Worldwide Possessions Inc., Henkel AG and Co. KGaA, H.B. Fuller Organization.

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#Water-Based Adhesive Specialty Tapes Market

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blueweave8 · 6 months

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India Butyl Acrylate Market Outlook, Report 2023-2030

BlueWeave Consulting, a leading strategic consulting and market research firm, in its recent study, estimated the India Butyl Acrylate Market size by value at USD 432.99 million in 2023. During the forecast period between 2024 and 2030, BlueWeave expects the India Butyl Acrylate Market size to expand at a CAGR of 7.85% reaching a value of USD 534.03 million by 2030. The Butyl Acrylate market in India is propelled by the increasing application as a solvent in the paints and coatings, as well as adhesive and sealants sectors, predominantly within the expanding construction and automotive industries. India has witnessed a rising trend in residential and commercial development in recent years, driven by increasing investments and evolving lifestyles. Also, butyl acrylate plays a crucial role as an ingredient in pressure-sensitive adhesives, widely employed by the textile and construction sectors. Its presence in PVC modifiers and molding or extrusion additives further enhances its application in the plastics sector. With the upswing in construction activities and infrastructure development, there is an anticipated surge in demand for commodities like paints & coatings and plastics, consequently boosting the overall demand for butyl acrylate over the forecast period.

By volume, BlueWeave estimated the India Butyl Acrylate Market size at 261.66 thousand tons in 2023. During the forecast period between 2024 and 2030, BlueWeave expects the India Butyl Acrylate Market size by volume is projected to grow at a CAGR of 7.01% reaching the volume of 301.09 thousand tons by 2030. The increasing use of butyl acrylate in the production of thermoplastic ethylene acrylate copolymers (EAC), containing up to 35% butyl acrylate, stands out as pivotal factor contributing to market expansion. The combination of butyl acrylate with other monomers, such as vinyl acetate, methyl methacrylate, acrylic acid, styrene, and other acrylate ester monomers, opens up possibilities for diverse copolymer compositions.

Sample Request @ https://www.blueweaveconsulting.com/report/india-butyl-acrylate-market/report-sample

Opportunity – Expanding automotive industry

The expanding automotive industry in India is anticipated to drive the need for butyl acrylate. The compound plays a crucial role in polymer manufacturing, specifically contributing to the production of car dashboards and leather seats. Additionally, butyl acrylate serves as a key component in the production of sealants, utilized in various automotive applications such as within the trunk, hood, doors, front dash, and on both the interior and exterior metal joints of vehicles. The global surge in motor vehicle production stands as a significant factor contributing to the anticipated growth of the butyl acrylate market in the coming years.

Impact of Escalating Geopolitical Tensions on India Butyl Acrylate Market

Increasing geopolitical tensions can have a multifaceted impact on the India Butyl Acrylate Market. The surge in upstream values, particularly crude oil, is exerting pressure on downstream derivatives, thereby elevating inflationary concerns for consumers. Butyl acrylate prices in the domestic market have responded with buoyancy, driven by multiple elements contributing to these fluctuations. A substantial driver for this upward trajectory is the notable increase in crude oil values, impacting critical feedstocks like n-Butanol and Acrylic Acid. The exponential rise in crude oil prices is a consequence of global uncertainties, with low inventories in the USA driving up spot prices of Brent. Simultaneously, geopolitical tensions between Russia and Ukraine have further heightened global contract purchases. Additionally, increased consumption in China, post-easing of the dual energy policy and winter Olympics-related restrictions, has influenced the overall pricing dynamics for crude oil globally. Also, heightened demand fundamentals for Butyl Acrylate in the downstream derivative segment contribute to the overall upward price trend in the Indian market.

India Butyl Acrylate Market

Segmental Information

India Butyl Acrylate Market – By Application

On the basis of application, the India Butyl Acrylate Market is divided into Paints & Coatings, Adhesives & Sealants, Chemical Synthesis, Plastic Additives, and Textiles segments. The paints & coatings segment holds the highest share in the India Butyl Acrylate Market by application closely followed by the adhesive & sealants segment. It is primarily due to their growing applications in the construction and automotive industries. Additionally, the rising trend of substituting old coatings with water-based alternatives in combination with the increased usage of adhesives further contributes to the sustained leadership of these industries in the market.

India Butyl Acrylate Market – By Region

Geographically, the India Butyl Acrylate Market is divided into North India, South India, East India, and West India regions. West India holds the highest market share and is expected to maintain its dominance during the forecast period. Its dominance is attributed to key consumption in states like Gujarat and Maharashtra, driven by prominent companies, such as Asian Paints. Until FY2022, India relied on imports to meet the demand for butyl acrylate.

Competitive Landscape

The India Butyl Acrylate Market is fragmented, with numerous players serving the market. The key players dominating the India Butyl Acrylate Market include Bharat Petroleum Corporation Limited, BASF, Vizag Chemical, Dhalop Chemicals, Dow, Arkema, Otto Chemie Pvt Ltd, KR Chemicals, and LG Chem. The key marketing strategies adopted by the players are facility expansion, product diversification, alliances, collaborations, partnerships, and acquisitions to expand their customer reach and gain a competitive edge in the overall market.

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#India Butyl Acrylate Market

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