Global Market Size, Forecast, and Trend Highlights Over 2025-2037
Vinyl Acetate-Ethylene (VAE) Emulsions Market size was valued at USD 2.21 billion in 2024 and is likely to cross USD 4.32 billion by 2037, expanding at more than 5.3% CAGR during the forecast period i.e., between 2025-2037. In the year 2025, the industry size of vinyl acetate-ethylene emulsions is assessed at USD 2.4 billion.
The major factor attributed to the growing demand for vinyl acetate-ethylene (VAE) in adhesives, paints and coatings, and textile chemicals. Thus, with the rapid expansion of the paints and coatings industry, it is projected to bring lucrative opportunities for the industry growth. It has been estimated that the global paint and coatings industry valued at almost USD 160 billion in 2021, and is further projected to reach almost USD 240 by 2029.
Vinyl acetate-ethylene (VAE) emulsions are made up of two main ingredients i.e. vinyl acetate and ethylene. VAE emulsions are created when the two ingredients are combined with water and an emulsifier. Owing to its chemical composition, vinyl acetate-ethylene (VAE) is used in a wide range of applications in the production of adhesives, plastics, and textile coatings. Also, vinyl acetate-ethylene (VAE) is used in a wide range of industries such as the construction, automotive, and furniture industries. Further, vinyl acetate-ethylene (VAE) is also used as an adhesive for a range of applications, including paper and packaging (food packaging, envelope production, film lamination onto paper), wood (film lamination onto wood, 3D membrane pressing, EPI systems), and flooring (textile flooring, flexible coverings), among others.
 Emulsions Market Analysis.webp)
Vinyl Acetate-Ethylene (VAE) Emulsions Sector: Growth Drivers and Challenges
Growth Drivers
- Expansion of the Construction Industry – The demand for vinyl acetate-ethylene (VAE) emulsions in the construction industry is rising considerably owing to the higher water resistance, great temperature resistance, plasticizers, and superior processing qualities. Furthermore, vinyl acetate-ethylene (VAE) is considered a better option for binding purposes to non-porous surfaces, such as coatings, plastic laminates, vinyl, metals, glass, aluminum, and others. Thus, the expansion of the construction industry is anticipated to bring lucrative opportunities for market growth. For instance, the global construction industry amounted to almost USD 6 trillion in 2020, and it is expected to reach almost USD 14 trillion by 2030.
- Rapid Growth of the Automotive Industry - Vinyl acetate-ethylene (VAE) emulsion is a vital component in the automotive industry for its usage as a high-quality adhesive, plastic, and aesthetic coating. Thus, the rapid growth of the automotive industry is anticipated to generate opportunities for increasing the utilization rate of vinyl acetate-ethylene (VAE) emulsion, thereby aiding a robust revenue generation for market growth in the forecast period. Recently, it has been calculated that the global automotive manufacturing industry amounted to almost USD 3 trillion by the end of 2021.
- The Boom in the Textile Sector – It has been stated that the global textile industry garnered almost USD 2 trillion in 2022, and is further projected to rise with a steady CAGR of around 5%.
- Escalation in the Chemical Industry – As per recent statistics, it has been revealed that the revenue generated by the global chemical industry stood at around USD 5 trillion in 2021 which is forecasted to grow during the near future.
Challenges
- Constant Fluctuation in the Prices of Raw Materials – The manufacturing process of vinyl acetate-ethylene (VAE) emulsions requires a lot of raw materials. Unfortunately, the prices of these raw materials keep on fluctuating owing to the rising government rules and regulations and other factors. As a result, the raw materials become less accessible for small to medium-sized enterprises, which subsequently hampers the growth of the market in the forecast period.
- Rising Stringent Government Rules
- Less Awareness Level about the Advantages
Vinyl Acetate-Ethylene (VAE) Emulsions Market: Key Insights
| Report Attribute | Details |
|---|---|
|
Base Year |
2024 |
|
Forecast Year |
2025-2037 |
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CAGR |
5.3% |
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Base Year Market Size (2024) |
USD 2.21 billion |
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Forecast Year Market Size (2037) |
USD 4.32 billion |
|
Regional Scope |
|
Vinyl Acetate-Ethylene (VAE) Emulsions Segmentation
Type (Regular Type, Waterproof VAE)
The global vinyl acetate-ethylene (VAE) emulsions market is segmented and analyzed for demand and supply by type into regular type emulsion, and waterproof VAE emulsion. Out of the two types of vinyl acetate-ethylene (VAE) emulsions, the waterproof VAE emulsion segment is estimated to gain the largest market share of about 52% in the year 2037. The primary reason for segment growth is the high preference for waterproof VAE emulsions when compared to regular-type VAE emulsions. It is a well-known fact that waterproof VAE emulsions are vinyl acetate-ethylene copolymer-based dispersions that have been cross-linked with polyfunctional, water-insoluble monomers. Therefore, waterproof VAE emulsions carry a lot of advantages in terms of superior performance, enhanced waterproofing, high durability, and great flexibility. As a result, waterproof VAE emulsions are being used in a wide range of construction applications such as roofing, flooring, tile adhesives, sealants, and coatings. Thus, with the increasing number of housing plans across the world, it is expected to create a positive outlook for segment growth during the forecast period. For instance, the count for smart buildings is anticipated to rise from around 44 million in 2022 to nearly 118 million in 2026, an increase of more than 152%.
Application (Paints & Coatings, Sealants, Re-dispersible Powders, Textiles, Nonwoven)
The global market of vinyl acetate-ethylene (VAE) emulsions is also segmented and analyzed for demand and supply by application into paints & coatings, sealants, re-dispersible powders, textiles and nonwoven, and others. Amongst these segments, the paints & coatings segment is expected to garner a significant share of around 41% in the year 2037. Major factors that are attributed to segment growth are the rising demand for paint and coatings for a wide range of applications across various industries. As per recent reports, it has been estimated that a total amount of 860 million gallons of architectural paint was utilized in the United States in 2020. Also, the rapidly growing paints and coating industry along with its rising applications of them is anticipated to fuel segment growth in the upcoming years. Lately, it has been calculated that the global paint and coatings industry was valued at almost USD 160 billion and is estimated to surpass USD 240 billion by 2029, with a growth rate of 8%.
Our in-depth analysis of the global market includes the following segments:
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By Type |
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By Application |
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Vishnu Nair
Head - Global Business DevelopmentCustomize this report to your requirements — connect with our consultant for personalized insights and options.
Vinyl Acetate-Ethylene (VAE) Emulsions Regional Synopsis
North American Market Forecast
North America industry is likely to hold largest revenue share of 35% by 2037, owing to the increasing consumption of paint and coating amongst the growing automotive and construction industry. For instance, the U.S. construction sector generated a revenue of around USD 1.3 trillion in 2020. Furthermore, the presence of major key players in the region along with the availability of strong manufacturing facilities for producing vinyl acetate-ethylene (VAE) emulsions in the region are considered to be other factors for market growth.
APAC Market Statistics
The Market of vinyl acetate-ethylene (VAE) emulsions in Asia Pacific is estimated to be the second largest, registering a share of about 24% by the end of 2037. The market in the Asia Pacific region is estimated to witness modest growth over the forecast period on the back of the blooming chemical manufacturing industry in the region. For instance, the chemical industry in Asia accounted for more than 55% share of the revenue generated by the global chemical industry. Furthermore, the growing construction industry in China, India, and other developing countries in the APAC region is also expected to fuel market growth.
Europe Market Forecast
Further, the market in the European region, amongst the market in all the other regions, is projected to hold a majority of the share by the end of 2037. The rapid expansion of the various end-use industries in the region along with the increasingly favorable initiatives from the government are considered to be the major factors for market growth in the region. Furthermore, owing to the increasing need for special formulations for enhancing the appearance of buildings in the European region, the sales of the vinyl acetate-ethylene (VAE) emulsions is projected in the future.
 Emulsions Market Analysis Growth.webp)
Companies Dominating the Vinyl Acetate-Ethylene (VAE) Emulsions Landscape
- Solvay S.A.
- Company Overview
- Business Strategy
- Key Product Offerings
- Financial Performance
- Key Performance Indicators
- Risk Analysis
- Recent Development
- Regional Presence
- SWOT Analysis
- BASF SE
- Eastman Chemical Company
- The Dow Chemical Company
- KH Neochem Co., Ltd.
- Saudi Basic Industries Corporation
- OQ Chemicals GmbH
- Solventis Ltd.
- Galaxy Surfactants Limited
- PPG Industries, Inc.
Recent Developments
- PPG Industries, Inc. announced the acquisition of Alpha Coating Technologies, LLC, which is a manufacturer of powder coatings for light industrial applications.
- BASF SE will launch new industrial-level raw materials for the coatings, paint, and resins at the 2019 European Coatings Show (ECS).
Author Credits: Abhishek Bhardwaj
- Report ID: 4126
- Published Date: Dec 20, 2024
- Report Format: PDF, PPT
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