VAE emulsion market size to reach a valuation of USD 4,910.1 million by exhibiting 5.44% CAGR over the forecast period (2019-2027). Vinyl acetate-ethylene (VAE) emulsions are polymers with excellent adhesion properties. The demand for VAE emulsions in the paints and coatings sector is expected to spur market demand. Need for low-odor interior paints due to scarcity of microorganisms due to its coalescing properties and low production cost can be beneficial to the market.

The wide scope of VAE emulsions in pressure-sensitive paper labels, automobiles, construction, and paper and packaging industries. The replacement of conventional emulsions with water-based mixtures thanks to excellent formulation and cost in-use can offer growth opportunities to the market. In the automotive sector, the compatibility of these mixtures with polyurethane dispersions and water dispersible polyurethane hardeners can further the market. The rising automobile production in APAC coupled with application of emulsions in door paneling and headliners can contribute to market revenue.

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But fluctuating raw material prices for the manufacture of vinyl-acetate monomer (VAM) and VAE can act as a growth restraint.

Competitive Analysis:

Major players in the VAE emulsion market include Wacker Chemie AG (Germany), Celanese Corporation (U.S.), Dairen Chemical Corporation (China), China Petrochemical Corporation (China), Vinavil S.p.A. (Italy), H.B. Fuller Company (U.S.), Shanxi Sanwei Group Co., Ltd. (China), U.S. Adhesives, Inc. (U.S.), Benson Polymers Limited (India), and Richest Group Limited (China).

Segmentation Analysis:

The global VAE Emulsion Market is segmented on the basis of type and application.

By type, ordinary VAE emulsion held 68.17% share in the market in 2017. This can be credited to its affordability and low volatile organic compounds (VOC) content. On the other hand, the waterproof VAE emulsion segment can exhibit 5.67% CAGR during the review period owing to its ability to bond polyvinyl chloride films.

On the basis of application, paints & coatings accounted for 43.77% share of the VAE emulsion market in 2017. Demand for the polymer as a binder in paints and coatings combined with the rise in residential construction activities can drive the segment during the forecast period. On the other hand, the re-dispersible powders segment can exhibit 5.56% CAGR during the assessment period.