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Asia leads the growth of vinyl acetate monomer production capacity

 Last Update: 2021-09-04
 Source: Internet
 Author: User

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According to the latest report of Sinochem News GlobalData, Asia is expected to lead the global increase in vinyl acetate monomer (VAM) production capacity, from 5.
43 million tons/year in 2019 to 5.
93 million tons/year in 2024, an average annual growth rate.
It is 1.
8%
.

GlobalData's "Global Vinyl Acetate Monomer Industry Outlook in 2024" shows that the global vinyl acetate monomer production capacity is expected to increase by 10% in the next three years, from 8.

GlobalData's oil and gas analyst Krishna Teja Pappoppula said: “In Asia, China’s new capacity continues to be the leader.
By 2024, China will add 300,000 tons of new capacity per year, accounting for more than 60% of the new capacity in Asia
.

” GlobalData will The UK ranks as the country with the second highest increase in production capacity.

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