The global Vinyl Versatate market was valued at US$ 328.4 million in 2019 and is expected to reach US$ 630.6 million by the end of 2026, growing at a CAGR of 9.8% during 2021-2026.
In the 1950s, Dr. Herbert Koch from the Max Plank Institute in Mülheim, Germany, found that olefins may react with carbon monoxide and water under the influence of strong acids to form tertiary branched neocarboxylic acids. Before the intermediate carbocation reacts with carbon monoxide, isomerization reactions are observed and, therefore, the resulting acid is composed of a number of isomers.
The neocarboxylic acid can be converted into its vinyl ester monomer by reaction with acetylene. Today, these monomers are widely referred to in industry as vinyl versatate monomers (CAS: 51000-52-3), neo-esters or VV monomers.
Vinyl Versatate are commonly used in vinyl acetate and acrylic polymers where they greatly improve hydrolytic stability, adhesion, water and UV resistance.
The market for vinyl versatate is highly concentrated. There are only two manufactures in the world: Hexion and TJSHIELD. Among them, Bemis Associates is the larger one with the percentage of 70.50% market share in 2019.
Global Vinyl Versatate Market: Drivers and Restrains
The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2016 to 2027. This section mentions the volume of production by region from 2016 to 2027. Pricing analysis is included in the report according to each type from the year 2016 to 2027, manufacturer from 2016 to 2021, region from 2016 to 2021, and global price from 2016 to 2027.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.
Global Vinyl Versatate Market: Segment Analysis
The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2016 to 2027.
Key Companies profiled in this report are Hexion, TJSHIEand more in terms of market share by sales, revenue, average pricing, product type, margins, recent developments etc.
Find more details at: https://www.themarketreports.com/report/global-vinyl-versatate-market-research-report
Segment by Type
- Used for Paint & Coating
- Used for Adhesive
Segment by Application
- Paint & Coating
Table of Content:
1 Vinyl Versatate Market Overview
2 Vinyl Versatate Market Competition by Manufacturers
3 Vinyl Versatate Retrospective Market Scenario by Region
4 Global Vinyl Versatate Historic Market Analysis by Type
5 Global Vinyl Versatate Historic Market Analysis by Application
6 Key Companies Profiled
7 Vinyl Versatate Manufacturing Cost Analysis
8 Marketing Channel, Distributors and Customers
9 Vinyl Versatate Market Dynamics
10 Global Market Forecast
11 Research Finding and Conclusion
12 Methodology and Data Source
Company Name: The Market Reports
Contact Person: Shirish Gupta