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Download Free sampleThe global Vinyl Versatate market was valued at 336.99 Million USD in 2021 and will grow with a CAGR of 9.8% from 2021 to 2027, based on Research newly published report.
The prime objective of Vinyl Versatate Market is to provide the insights on the post COVID-19 impact which will help market players in this field evaluate their business approaches. Also, Vinyl Versatate Market covers market segmentation by major market verdors, types, applications/end users and geography(North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America).
In the 1950s, Dr. Herbert Koch from the Max Plank Institute in M?lheim, Germany, found that olefins may react with carbon monoxide and water under the influence of strong acids to form tertiary branched neocarboxylic acids. Before the intermediate carbocation reacts with carbon monoxide, isomerization reactions are observed and, therefore, the resulting acid is composed of a number of isomers.The neocarboxylic acid can be converted into its vinyl ester monomer by reaction with acetylene. Today, these monomers are widely referred to in industry as vinyl versatate monomers (CAS: 51000-52-3), neo-esters or VV monomers. Vinyl Versatate are commonly used in vinyl acetate and acrylic polymers where they greatly improve hydrolytic stability, adhesion, water and UV resistance. The market for vinyl versatate is highly concentrated. There are only two manufactures in the world: Hexion and TJSHIELD. Among them, Bemis Associates is the larger one with the percentage of 70.50% market share in 2019.
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