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Vinyl acetate ethylene copolymer emulsion is a copolymer of vinyl acetate and ethylene. It has been formed as a strong base adhesive, providing unique features like strong initial adhesion, elevated soggy tack, excellent barrier to creeping, water/alkali resistance, enhanced thickening responding and reliable handling. EVA copolymers, typically containing 15–40% of vinyl ester content, and have been recognized as crucial flow lifters for crude oils and medium distillates. However, due to its polarity, only solutions of EVA copolymers with a polymer content of at most 10–15% are still liquid in aromatic solvents at room temperature.
Increased application in the construction sector as concrete mortars, smoothing compounds, decorative plasters, joint fillers, flooring compounds, and construction adhesives, has stimulated growth in the demand for vinyl acetate ethylene copolymer. It is used as a powder which is redespersible. Redespersible powders are genarally recognized as polymer powders which can re-disperse back into fresh mixtures with the same properties as the initial copolymer emulsions in water. However, greater demand for vinyl acetate copolymer powder based on acrylic, forms a major hindrance for the expansion of the vinyl acetate ethylene copolymer market.
Key Market Driver -
Increased application in the construction industries drives the market.
Key Market Restraint -
Availability of substitutes restraints the market growth.
Based on application, the market for vinyl acetate ethylene copolymer powder is further segmented into redespersible powder, carpet-backings, apparel and textile finishing processes, waterproofing coatings, glass-fiber sizing & binder technologies, others. Based on end-use industry, the market for vinyl acetate ethylene copolymer powder is further segmented into building & construction, paints and coatings, textiles, others. From a geographical standpoint, the market is categorized into North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa.
The vinyl acetate ethylene copolymer powder market is fairly fragmented, with a number of global & regional players operating. Some of the key players in the Vinyl acetate ethylene Copolymer powder market includes Dow, Synthomer plc, Celanese Corporation, Hexion Inc., Wacker Chemie AG, Ashland, Air Products and Chemicals, Inc., Akzo Nobel N.V., Sidley Chemical Co., Ltd., BASF SE, Shaanxi Xutai Technology co.,ltd. and others.
In terms of Geography, the vinyl acetate ethylene copolymer powder market has been segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The Asia-Pacific region occupies the market for both consumption and output of the vinyl acetate ethylene copolymer powder. Population shifts, urban growth, growing middle-class prosperity, and rising environmental concerns drives the market in these regions. In North America, rapidly increasing overall economy but stronger housing sector is allowed to accelerate the economy forward due to reduced inflation, rising consumer awareness, growth in income, and infrastructure investment. Europe is expected to have a prominent market share as a result of increased application in the construction industry and rapid growth in developing countries that will lead to the increase in demand for vinyl acetate-ethylene market. Middle East and Africa are forecast to face sluggish growth because of the governments' influence of strict restrictions. Latin America is seeing relatively slow growth as a result of substitutes being available slowing market growth.
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