my country’s vinyl acetate production is gradually increasing, and leading companies are gradually emerging.

Vinyl acetate, also known as vinyl acetate, abbreviated as VAC in English, has a molecular formula of C4H6O2. It is a colorless, sweet ether-smelling, flammable liquid organic compound. As an important chemical raw material, vinyl acetate is mostly used to produce synthetic polyvinyl alcohol (PVA), vinylon, white latex, ethylene-vinyl alcohol copolymer (EVOH resin), vinyl acetate-vinyl chloride copolymer (vinyl chloride resin) , ethylene-vinyl acetate copolymer (EVA resin), acrylic fiber and other products are widely used in the fields of slurry, film, synthetic fiber, coating, soil improvement, leather processing and other fields.

At this stage, my country’s vinyl acetate preparation technology is gradually mature, which can be roughly divided into natural gas acetylene method, calcium carbide acetylene method, petroleum ethylene method, etc. Among them, the calcium carbide acetylene method has become the mainstream preparation technology on the market due to its gradually mature preparation technology and simple operation process. In 2022, the calcium carbide acetylene production capacity will account for 62.3% of my country’s overall vinyl acetate production capacity.

From the upstream of the industrial chain, acetic acid has become one of the most important raw materials for vinyl acetate. As an important organic chemical raw material, acetic acid is mostly used to produce vinyl acetate, acetate, chloroacetic acid, metal acetates, acetic anhydride, terephthalic acid (PTA) and other chemical products. It is widely used in food, light industry, textile It has been widely used in many fields such as medicine and medicine. Driven by downstream market demand, my country’s acetic acid production has gradually increased. As of the end of 2022, my country’s acetic acid production will be 9.67 million tons. my country’s acetic acid production is gradually increasing, providing sufficient raw materials for the rapid development of the vinyl acetate market.

According to the “Vinyl Acetate Industry Investment Prospects Forecast and Investment Strategy Suggestions Report in 2023” released by the Industrial Research Center, in recent years, my country’s economy and society are developing rapidly, the level of urbanization is gradually improving, and social electricity consumption is gradually increasing. With the gradual adjustment of my country’s energy structure, the photovoltaic power generation market has developed rapidly. According to data released by the National Bureau of Statistics, my country’s photovoltaic power generation will be 427.6 billion kilowatt-hours in 2022, a year-on-year increase of 30.8%, accounting for approximately 4.9% of the country’s total annual power generation. The photovoltaic market is developing rapidly, and the demand for photovoltaic cells is gradually increasing. As the main raw material for the production of photovoltaic cell packaging films, EVA resin’s market is gradually growing, which indirectly drives the demand for vinyl acetate market to continue to increase. Against this background, my country’s vinyl acetate production has gradually increased. In 2022, my country’s vinyl acetate output will be 7.623 million tons.

Industry analysts said that at present, my country’s vinyl acetate market is extremely concentrated, with leading companies gradually emerging. The largest vinyl acetate companies in my country mainly include Chuanwei Chemical, Dadi Chemical, Great Wall Energy, Mengwei Technology, Shuangxin Energy, Wanwei High-tech, Wanwei Bio, etc. Among them, Chuanwei Chemical has the largest market share, accounting for 18.3%; followed by Mengwei Technology, with a market share of 15.9%; and Great Wall Energy ranking third, with a market share of 15.3%. As my country’s vinyl acetate industry continues to develop, the production capacity structure is gradually upgraded, backward production capacity is gradually eliminated, and market concentration is expected to further increase in the future.