Vinyl Acetate-Ethylene Emulsions Market Segmentation:
Type Segment Analysis
The waterproof VAE emulsion segment is estimated to gain the largest market share of about 52% in the year 2035. 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.
Application Segment Analysis
The paints & coatings segment is expected to garner a significant vinyl acetate-ethylene (VAE) emulsions market share of around 41% in the year 2035. 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.
Our in-depth analysis of the global market includes the following segments:
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