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:
By Type |
|
By Application |
|
Author Credits: Rajrani Baghel
Copyright © 2024 Research Nester. All Rights Reserved
FREE Sample Copy includes market overview, growth trends, statistical charts & tables, forecast estimates, and much more.
Have questions before ordering this report?