Global Vinylphosphonic Acid Dimethylester market will reach 5560 million US$ by the end of 2025
Published Date: 2018/12/7
Vinylphosphonic acid and vinylphosphonic acid dimethylester are produced in chloride free processes and are supplied in a high quality with two different water contents. Vinylphosphonic acid (VPA), its polymers and copolymers has outstanding properties in several application areas due to the presence of both lipophilic and hydrophilic functionalities in one molecule. These products are particularly suitable for the improvement of material properties and surfaces such as coatings, corrosion inhibition and additives for dispersions.
Vinylphosphonic acid dimethylester is mainly used in coating, lithography, construction chemicals and corrosion inhibitor industry. During them, coating industry is the leading consumption region, which consumed 24454 Kg in 2017 with a consumption share of 40.88%. Construction chemicals and corrosion inhibitor separately consumed 9571 and 13240 Kg in 2017.
The global Vinylphosphonic Acid Dimethylester market is valued at 3390 million US$ in 2017 and will reach 5560 million US$ by the end of 2025, growing at a CAGR of 6.4% during 2018-2025.
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