| Year | Production Volume (million tons) | Year-over-Year Growth (%) |
|---|---|---|
| 2015 | 3.2 | - |
| 2016 | 3.5 | 9.4% |
| 2017 | 3.8 | 8.6% |
| 2018 | 4.1 | 7.9% |
| 2019 | 4.3 | 4.9% |
The production of vinyl acetate in China is concentrated in several key regions, as shown in the following pie chart:
pie title Regional Distribution of Vinyl Acetate Production in China
"East China" : 45%
"South China" : 25%
"North China" : 15%
"Central China" : 10%
"West China" : 5%
The Chinese vinyl acetate market is dominated by several leading players, as shown in the table below:
| Rank | Company | Production Capacity (million tons) |
|---|---|---|
| 1 | Sinopec Group | 1.5 |
| 2 | China National Petroleum Corporation (CNPC) | 1.0 |
| 3 | Sipchem | 0.8 |
| 4 | Wanhua Chemical Group | 0.6 |
| 5 | Formosa Plastics Group | 0.5 |
The top five manufacturers account for approximately 80% of the total vinyl acetate production in China, indicating a relatively consolidated market. The competitive landscape is influenced by factors such as production capacity, cost efficiency, product quality, and market reach.
Vinyl acetate finds widespread applications in various industries in China, as depicted in the following chart:
graph TD
A[Adhesives] --> B[Paints and Coatings]
B --> C[Textiles]
C --> D[Plastics]
D --> E[Paper and Packaging]
E --> F[Construction]
F -->