Highlights
In 2022, China’s VAC industry turns from a structural oversupply to a structural supply deficit because the release of newly added capacity is under expectation. In 2022, the VAC market performance is above market expectation, and the profitability has improved apparently. The demand from the construction industry diminishes, which affects VAC and downstream derivatives markets. Aside from EVA of which the demand continues to grow, most other downstream industries perform poorly. The visible divergence in demand has led to a wide fluctuation in China’s VAC market. But the decrease in production costs and constant demand support from the EVA industry has facilitated the repair in the profitability of VAC.
Will the high profitability of the VAC industry persist? What fundamentals changes have taken place in the Chinese market? What challenges the VAC market will face in 2023? SCI has engaged in commodity study for 18 years, and this report is based on the first-hand data from SCI’s research with consideration of China’s macroeconomic policies and industry characteristics. The report reviews the VAC market in detail and analyzes the supply-demand pattern, profitability changes and market sentiment evolvements from multiple angles. It will also forecast the future VAC market changes to help market participants to grasp the present situation and the future market trend.
Report value
1. In-depth analysis of VAC market supply and demand patterns during the past five years with first-hand data.
2. Decipher the development status of VAC downstream industries and the co-movement between them.
3. Analyze future VAC market trends from both macro and micro perspectives.
Related Product Annual Reports
2022-2023 China PVA Market Annual Report
2022-2023 China Ethylene Market Annual Report
Contents
Part 1 VAC Market Overview
Part 2 2018-2022 VAC Supply-Demand Balance Analysis
Part 3 China VAC Supply Change Trend Analysis
3.1 2022 Global VAC Capacity Analysis
3.1.1 Global VAC Capacity by Region
2.1.2 2022 Global VAC Trade Flow Analysis
3.2 2018-2022 China VAC Capacity Change Analysis
3.2.1 China VAC Capacity Concentration Rate Analysis
3.2.2 China VAC Capacity by Region
3.2.3 2022 China VAC Trade Flow Analysis
3.2.4 2023-2027 China VAC Newly Added Capacity
3.3 2018-2022 China VAC Output and Operating Rate Change Analysis
3.3.1 2018-2022 Ethylene-Based VAC Output and Operating Rate Analysis
3.3.2 2018-2022 Calcium Carbide-Based VAC Output and Operating Rate Analysis
3.3.3 2018-2022 Natural Gas-Based VAC Output and Operating Rate Analysis
3.3.4 2018-2022 VAC Unit Operating Rate Analysis by Production Technology
3.3.5 2022 China Main VAC Unit Maintenance
3.4 2022 VAC Import Market Analysis
3.4.1 2018-2022 VAC Import Data Comparison
3.4.2 2022 VAC Import Data Analysis
3.5 VAC Storage and Logistics Status Analysis
3.6 Impact of VAC Inventory Analysis
3.7 2023 China VAC Market Supply Forecast
Part 4 VAC Market Demand Change Analysis
4.1 2022 Global VAC Demand Change Analysis
4.2 2022 China VAC Demand Change Analysis
4.2.1 2022 China VAC Demand Structure Analysis by Industry
4.2.2 2022 China VAC Demand Structure Analysis by Region
4.3 VAC Downstream Customer Scale and Demand Change Analysis
4.3.1 2022 China PVA Industry Customer Scale and Demand Change Analysis
4.3.2 2022 China PVAC Emulsion Customer Scale and Demand Change Analysis
4.3.3 2022 China EVA Resin Customer Scale and Demand Change Analysis
4.3.4 2022 China VAE Emulsion Customer Scale and Demand Change Analysis
4.3.5 2022 China Acrylic Fibers Customer Scale and Demand Change Analysis
4.4 VAC Downstream Key Customer Scale
4.5 VAC Downstream Industry Consumption Growth Forecast
4.6 VAC Export Market Change Analysis
4.6.1 2018-2022 VAC Export Data Comparison
4.6.2 2022 VAC Export Data Analysis
4.7 2023-2027 VAC Consumption Volume Forecast
4.8 VAC Downstream Customer Key Purchasing Factor Analysis
4.9 VAC Application Slack and Peak Season Analysis
4.10 Operating Risk and Barrier Analysis
Part 5 VAC Price Trend Analysis
5.1 China VAC Market Price Trend Analysis
5.2 Asia VAC Price Trend Analysis
5.3 Glacial Acetic Acid and VAC Spot Price Co-movement Analysis
5.4 Calcium Carbide and VAC Spot Price Co-movement Analysis
5.5 Ethylene and VAC Spot Price Co-movement Analysis
Part 6 VAC Market Trend Forecast
6.1 2023-2025 VAC Price Forecast
6.2 Influential Extent Analysis of Major VAC Price Drivers
6.3 Influence of Macro Environment on VAC Market
6.4 Influence of Industrial Policies on VAC Market
6.5 2023-2027 China VAC Supply-Demand Balance Forecast
6.6 VAC Market Competition Analysis
6.6.1 2023-2027 Global VAC Trade Flow Forecast
6.6.2 2023-2027 China VAC Trade Flow Forecast
6.7 VAC Value Chain Analysis and Forecast
6.8 VAC Production Technology Comparison and Development Tendency
6.8.1 2022 Ethylene-Based VAC Gross Profit Analysis
6.8.2 2022 Calcium Carbide-Based VAC Gross Profit Analysis
6.8.3 2022 Natural Gas-Based VAC Gross Profit Analysis
6.8.4 2022 VAC Production Cost Comparative Analysis by Different Production Technology
6.9 Related Product Price Co-Movement Influence Forecast
Appendixes
1. VAC Industry Highlights
2. VAC Industry Annual Events
3. Methodology and Related Definition
4. Tables and Charts
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