The global demand for Ethylene Vinyl Acetate Market is presumed to reach the valuation of nearly USD XX MN by 2028 from USD XX MN in 2021 with a CAGR of XX% during the period of 2022-2028. Whereas with regards to volume, the market was calculated XX Kilo Tons in 2021 and foreseen to touch XX Kilo Tons by 2028 with a CAGR of XX% during 2022-2028.
Ethylene-vinyl acetate (EVA) is the elastomeric polymer that has a distinct vinegar-like odor. It is prepared by the copolymerization of ethylene and vinyl acetate under pressure, using free-radical catalysts. It offers excellent clarity and gloss, low-temperature toughness, stress crack resistance, and resistance to UV radiation. It is found in a flexible hose, toys, and athletic goods, moulded automotive parts, footwear components, automobile bumpers, flexible packaging, and films.
The packaging industry and automobile industry will primarily drive global demand for ethylene-vinyl acetate. Shifting preferance towards renewable energy to meet energy needs will create an opportunity for the market. Increasing investment by government power generation from solar will lead to increasing demand for EVA. Asia Pacific was the largest market in 2019. The trend is projected to continue until 2026, driven by the solar and packaging industry. Looking towards robust growth, Asian players are expanding their production capacities. However, factors such as availability competitor substitutes and technical issues associated usage of EVA in photovoltaic packaging are expected to restrain the growth of the EVA market.
The report covers Porter’s Five Forces Model, Market Attractiveness Analysis and Value Chain analysis. These tools help to get a clear picture of the industry’s structure and evaluate the competition attractiveness at a global level.
Additionally, these tools also give inclusive assessment of each application/product segment in the global market of ethylene vinyl acetate.
The entire ethylene vinyl acetate market has been sub-categorized into type, application and end-user. The report provides an analysis of these subsets with respect to the geographical segmentation. This research study will keep marketer informed and helps to identify the target demographics for a product or service.
- Vinyl Acetate-modified Polyethylene (Low VA Density)
- Thermoplastic Ethylene Vinyl Acetate (Medium VA Density)
- Ethylene Vinyl Acetate Rubber (High VA Density)
By End User
- Hot Melt Adhesives
- Wire & Cable
- Extrusion Casting
- Solar Cell Encapsulation
- Packaging & Paper
- Paints, Coatings, & Adhesives
- Electronics & Electrical
- Photovoltaic Panels
This section covers regional segmentation which accentuates on current and future demand for ethylene vinyl acetate market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand for individual application segment across all the prominent regions.
Global Ethylene Vinyl Acetate Market Share by Region (Representative Graph)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the ethylene vinyl acetate market include Arkema S.A., Braskem S.A., Celanese Corporation, DOW Inc., Exxon Mobil Corporation, Formosa Plastics Corporation, Hanwha Chemical Co, Ltd., Lyondell Basell Industries N.V., Sinopec Corporation, Lotte Chemical Corporation. This section includes a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
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