Polyvinyl Acetate, derived from vinyl acetate polymerization, exhibits closely aligned price trends with its monomeric counterpart. In the initial half of 2023, the market saw varied price dynamics. The first quarter showed promise with construction and related sectors revitalizing. However, the positive trend was short-lived, overshadowed by inflationary pressures post the Russian invasion of Ukraine, impacting consumer spending. The construction sector waned, leading to reduced market offtakes and a subsequent downturn in polyvinyl acetate prices during the second quarter.
Polyvinyl Acetate (PVAc) is a polymer derived from the polymerization of vinyl acetate monomers. This versatile compound is widely used in adhesives, paints, coatings, and textiles due to its excellent adhesive and film-forming properties. PVAc plays a pivotal role in various industrial applications, contributing to the strength and flexibility of bonds in woodworking and other sectors.
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Key Details About the Polyvinyl Acetate Price Trend:
Procurement Resource does an in-depth analysis of the price trend to bring forth the monthly, quarterly, half-yearly, and yearly information on Polyvinyl Acetate in its latest pricing dashboard. The detailed assessment deeply explores the facts about the product, price change over the weeks, months, and years, key players, industrial uses, and drivers propelling the market and price trends.
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Industrial Uses Impacting the Polyvinyl Acetate Price Trend:
Polyvinyl Acetate (PVAc) is crucial in multiple industrial applications. As a primary component in adhesives, it forms strong, flexible bonds in woodworking and packaging. In the paint and coatings industry, PVAc enhances adhesion and film formation. Its versatility extends to textiles, where it is employed for coating fabrics, improving resistance to water, oil, and stains.
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- Celanese Corporation
- KURARAY CO. LTD.
- LyondellBasell Industries Holdings B.V.
- China Petrochemical Corporation
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