Vinyl Acetate Market Growth Rates Remain Slow in Europe
Asia and Middle East are the key regions where growth in the global vinyl acetate market will intensify, according to “Vinyl Acetate (VAM): 2011 World Market Outlook and Forecast” from Merchant Research & Consulting Ltd. A number of projects and new facilities are planned to come on-stream in the coming years; vast capacity expansions are set for China, and Saudi Arabia and Iran are also reporting increases in vinyl acetate output.
In the developed countries, the financial recession of 2008-2009 had a significant impact on the vinyl acetate market. Today, the market growth rates in the European countries are still fairly slow and demand is weak-especially in such end-use areas as paint, adhesives and construction.
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