vinyl acetate monomer (vam) prices, price, demand & supply | chemanalyst
DESCRIPTION
Market fundamentals of Vinyl Acetate Monomer (VAM) in North America remained weighed up buoyed by strong values of feedstock acetic acid and series of plant outages in the Gulf coast region due to a wave of seasonal hurricanes. Since much of the US VAM is used for catering the global demand, abrupt outages and logistic concerns restricted the trading activities, thereby confining the export revenue of the region.TRANSCRIPT
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Market Overview
Asia
Spate of plant turnarounds from Taiwan and South Korea throughout the
third quarter of 2020 tightened the overall availability of VAM cargoes in
Southeast Asia. Thus, prices of VAM in Q3 of 2020 Southeast Asia
averaged around USD 807 per MT influenced by its healthy demand
fundamentals and scarce product availability. Despite the restricted
availability, paramount producers like Celanese and Dairen Chemicals
continued to operate their plants at reduced rates amid fears of uncertainty
prevailing from the second wave of Coronavirus in several parts of the
region. Downstream demand for derivatives like Ethyl Vinyl Acetate (EVA)
and Poly Vinyl Acetate (PVA) witnessed marginal recovery in Northeast
Asia as countries restarted their business activities to save the sputtering
economy.
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acetate-monomer-34
North America
Market fundamentals of Vinyl Acetate Monomer (VAM) in North America
remained weighed up buoyed by strong values of feedstock acetic acid and
series of plant outages in the Gulf coast region due to a wave of seasonal
hurricanes. Since much of the US VAM is used for catering the global
demand, abrupt outages and logistic concerns restricted the trading
activities, thereby confining the export revenue of the region. As per
Celanese Corporation, 10% quarterly increment in demand from its major
importer China was registered but the gains were overshadowed by the
consistent availability of material due to high production rates in the native
country.
Vinyl Acetate Monomer (VAM) Pricing Overview
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Vinyl Acetate Monomer (VAM) Pricing Overview
Europe
The European Vinyl Acetate Monomer (VAM) market witnessed severe
supply issues primarily due to the turnaround of Celanese plant in Germany
followed by few other temporary turnarounds in the region. Strong
consumption from paints and coating sector on the arrival of summer
season in the country bolstered its demand fundamentals. Although supply
issues were resolved by the end of the quarter, momentum of recovery was
hindered by the buzz of resurgence of Coronavirus in several parts of the
region.
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Services
Market Analysis
Company-wise installed capacity, production volume and plant operating
efficiency is captured directly from manufacturers. Import and Export
volume is captured from government sources and demand for Vinyl Acetate
Monomer is calculated considering the production, import, export and
inventory-levels on the country and regional level markets.
Pricing Analysis
Vinyl Acetate Monomer price is correlated with the price trend of feedstock
Acetic Acid, demand-supply fundamentals and performance of the
construction and paints and coatings industry.
Company Profile
Basic details and information on financial performance of leading global
players in the Vinyl Acetate Monomer market is presented in a visually
captivating manner. Expansion plans and the company’s strategy is also
captured to understand the vision and mission of the company to help
understand the areas where companies need to focus more.
News & Deals
Daily updates on industry-specific and product-specific news, exclusive
primary-based news capturing plant shutdowns/outages/closures, capacity
expansions, operating rates, insights on demand-supply situation, awarding
of technology licenses, new product launch and deals specifying mergers
and acquisitions, strategic investments and disinvestments, to help players
capitalize on market opportunity.
Vinyl Acetate Monomer (VAM) Pricing Overview
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Methodology
ChemAnalyst gathers information through primary research surveys
conducted with various Vinyl Acetate Monomer manufacturers, spread
across the domestic and international market, suppliers and
dealers/distributors to gain insights into value-chains and demand-supply
scenario to assess the market situation. Thorough study of company’s
annual reports and secondary sources such as exhaustive search on
credible paid databases, including our internal database is done to verify
the information. All the collected information is analyzed, evaluated and
presented in chronological order to depict a meaningful and clear picture of
the concerned market.
Our dedicated team of industry experts comprehensively monitors and
analyzes various aspects of the Global Vinyl Acetate Monomer market. The
team analyzes various industrial segments, strategic viewpoints and
provides an analysis of the industry’s performance in the long run. This
would enable our clients in efficiently plan their future investments, mitigate
risk, understand the cost dynamics and strike out a balance amidst market
volatility.
Critical examination of the impact of COVID-19 pandemic on the global
supply chains and shift in demand patterns with change in buying
behavior of consumers across the globe.
Several ongoing development projects across industries are tracked,
followed by the details of major projects in the development stage, which
can positively or negatively influence Global Vinyl Acetate Monomer
market.
Pricing is captured through exhaustive primary interviews with domestic
and international manufacturers, traders and importers and customers
on daily, weekly, monthly and yearly basis.
Finally, region-specific markets for Vinyl Acetate Monomer are analyzed
and region-wise demand pattern is tracked.
Vinyl Acetate Monomer (VAM) Pricing Overview
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About
Vinyl Acetate Monomer (VAM) is a colourless organic chemical primarily
produced by acetoxylation of Ethylene with Acetic Acid and Oxygen in
presence of palladium catalyst in a fixed bed tubular reactor. The product is
mainly utilized as an intermediate in the chemical industry to produce Vinyl
Acetate Copolymers. By percentage segmentation, about 47% of overall
VAM produced globally is channelized to manufacture Polyvinyl Acetate
(PVA), which is a major compound in adhesives, water-based paints, paper
coatings and acrylic fibers applications. Another 30 per cent is utilized to
produce Polyvinyl Alcohol (PVOH) which is used as an intermediate in
glass laminated and packaging films. The remaining percentage is
processed to manufacture derivatives like Ethylene Vinyl Acetate (EVA),
Vinyl Acetate Ethylene (VAE) and Ethylene Vinyl Alcohol (EVOH). Since
EVA and EVOH are widely being utilized in new potential applications like
renewable energy and photovoltaic filaments, demand for feedstock VAM islikely to witness an appreciable surge in the coming years.
Vinyl Acetate Monomer (VAM) Pricing Overview