Ethylene Vinyl Acetate Market Report Scope & Overview:

The Ethylene Vinyl Acetate Market Size was valued at USD 9.52 billion in 2022, and is expected to reach USD 16.36 billion by 2030, and grow at a CAGR of  7.0% over the forecast period 2023-2030.

EVA resins are made from vinyl acetate monomer and ethylene to make a copolymer. They are more resistant to stress cracks and can stay flexible over a wide range of temperatures, from 60°C to 150°C, without the use of plasticizers. They are used a lot in the packaging, paper, electrical, and electronic industries because they have good impact resistance, a high coefficient of friction, and a low temperature at which sealing starts. The main things that drive the growth of the global EVA resins market are the growth of the packaging and electronics industries and the rise in demand for green packaging materials and consumer electronics in emerging economies.

Ethylene Vinyl Acetate Market Revenue Analysis

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Market Dynamics:


  • Putting in more solar photovoltaic (PV) panels.

  • Demand is growing in many industries

  • Increasing Agricultural Activities

  • Analysis of the Effects of Market Drivers on Market Forecast


  • Possible Replacements for Eva

  • Analysis of the Effects of Market Restraints on Market Forecast


  • Investment in solar panels has gone up.

  • Ethylene vinyl acetate made from plants is now available.


  • Possible problems with encapsulating photovoltaic cells in ethylene vinyl acetate.

Impact of COVID-19:

Because of the COVID-19 pandemic, manufacturing stopped, the supply chain got messed up, and the demand for industrial goods went down. All of these things had a big effect on the market. But because of the COVID-19 pandemic, the demand for goods from the pharmaceutical industry has gone up. This, in turn, has helped the EVA market grow. At the same time, people around the world stock up on hygiene products because they are afraid, which drives the market. But the pandemic had an effect on the industries that make things like shoes and foam that are used by people.

Market Segmentation:

By Type

  • Very low density ethylene vinyl acetate

  • Low density ethylene vinyl acetate

  • Medium density ethylene vinyl acetate

  • High density ethylene vinyl acetate

By Application

  • Film

  • Injection molding

  • Compunding and wire & cable

  • Extrusion coating

  • Printing ink

  • Others non-extrusion

  • Others extrusion

By End-Use Industry

  • Footwear & foams

  • Packaging

  • Agriculture

  • Photovoltaic panels

  • Pharmaceuticals

  • Others

Ethylene Vinyl Acetate Market Segmentation Analysis

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Regional Analysis:

The EVA market has been looked at in North America, Europe, the Asia-Pacific region, Latin America, and the Middle East and Africa. Analysts in the industry say that the Asia-Pacific market held the largest share of the global EVA market in 2017. During the study period, it is also expected to grow at a healthy rate. The market is growing because there is more packaging business. This is because the middle class needs more processed food products and has more money to spend per person. The market is also going up because the number of homes being built in developing countries like China, India, and Thailand is growing.

Because the packaging industry is growing and more and more people like to buy their food and drinks in packages, the European market is another important part of the ethylene vinyl acetate market. Also, the adhesives industry is growing because it is used in many different end-use applications, such as cars, buildings, paints and varnishes, and many more.


  • North America

    • USA

    • Canada

    • Mexico

  • Europe

    • Germany

    • UK

    • France

    • Italy

    • Spain

    • The Netherlands

    • Rest of Europe

  • Asia-Pacific

    • Japan

    • south Korea

    • China

    • India

    • Australia

    • Rest of Asia-Pacific

  • The Middle East & Africa

    • Israel

    • UAE

    • South Africa

    • Rest of Middle East & Africa

  • Latin America

    • Brazil

    • Argentina

    • Rest of Latin America

Key Players:

Arkema SA, Celanese Corporation, Exxon Mobil Corporation, LyondellBasell Industries Holdings B.V., Infineum International Limited, DowDuPont, Innospec, Clariant AG, BASF SE, and other players.

Celanese Corporation-Company Financial Analysis

Ethylene Vinyl Acetate Market Report Scope:
Report Attributes Details
Market Size in 2022 US$ 9.52 Billion
Market Size by 2030 US$ 16.36 Billion
CAGR CAGR of 7.0% From 2023 to 2030
Base Year 2022
Forecast Period 2023-2030
Historical Data 2020-2021
Report Scope & Coverage Market Size, Segments Analysis, Competitive  Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook
Key Segments • By Type (Very low density ethylene vinyl acetate, Low density ethylene vinyl acetate, Medium density ethylene vinyl acetate, High density ethylene vinyl acetate)
• By Application (Film, Injection molding, Comp0unding and wire & cable, Others non-extrusion, Others extrusion, Extrusion coating, Printing ink)
• By End-Use Industry (Footwear & foams, Packaging, Agriculture, Photovoltaic panels, Pharmaceuticals, Others)
Regional Analysis/Coverage North America (USA, Canada, Mexico), Europe
(Germany, UK, France, Italy, Spain, Netherlands,
Rest of Europe), Asia-Pacific (Japan, South Korea,
China, India, Australia, Rest of Asia-Pacific), The
Middle East & Africa (Israel, UAE, South Africa,
Rest of Middle East & Africa), Latin America (Brazil, Argentina, Rest of Latin America)
Company Profiles Arkema SA, Celanese Corporation, Exxon Mobil Corporation, LyondellBasell Industries Holdings B.V., Infineum International Limited, DowDuPont, Innospec, Clariant AG, BASF SE, and other players.
DRIVERS • Putting in more solar photovoltaic (PV) panels.
• Demand is growing in many industries
• Increasing Agricultural Activities
Restraints • Possible Replacements for Eva
• Analysis of the Effects of Market Restraints on Market Forecast

Frequently Asked Questions

Ans: Manufacturers, Consultant, aftermarket players, association, Research institute, private and universities libraries, suppliers and distributors of the product.


Ans: Investment in solar panels has gone up and Ethylene vinyl acetate made from plants is now available are the opportunity for Ethylene Vinyl Acetate Market

Ans: Possible Replacements for Eva and Analysis of the Effects of Market Restraints on Market Forecast are the restraints for Ethylene Vinyl Acetate Market

Ans: Very low density ethylene vinyl acetate, Low density ethylene vinyl acetat,  Medium density ethylene vinyl acetate and High density ethylene vinyl acetate are the sub-segments of by Type segment

Ans: Ethylene Vinyl Acetate Market Size was valued at USD 8.9 billion in 2021, and expected to reach USD 14.4 billion by 2028, and grow at a CAGR of 7.0 % over the forecast period 2022-2028.


Table of Contents

1. Introduction

1.1 Market Definition

1.2 Scope

1.3 Research Assumptions

2. Research Methodology


3. Market Dynamics

3.1 Drivers

3.2 Restraints

3.3 Opportunities

3.4 Challenges

4. Impact Analysis

4.1 COVID-19 Impact Analysis

4.2 Impact of Ukraine- Russia war

4.3 Impact of ongoing Recession

4.3.1 Introduction

4.3.2 Impact on major economies US Canada Germany France United Kingdom China Japan South Korea Rest of the World

5. Value Chain Analysis

6. Porter’s 5 forces model

7.  PEST Analysis

8.Ethylene Vinyl Acetate Market Segment, By Type

8.1 Very low density ethylene vinyl acetate

8.2 Low density ethylene vinyl acetate

8.3 Medium density ethylene vinyl acetate

8.4  High density ethylene vinyl acetate

9.Ethylene Vinyl Acetate Market Segment, By Application

9.1 Film

9.2 Injection molding

9.3 Comp0unding and wire & cable

9.4 Others non-extrusion

9.5 Others extrusion

9.6 Extrusion coating

9.7 Printing ink

10.Ethylene Vinyl Acetate Market Segment, By End-Use Industry

10.1 Footwear & foams

10.2 Packaging

10.3 Agriculture

10.4 Photovoltaic panels

10.5 Pharmaceuticals

10.6 Others

11. Regional Analysis

11.1 Introduction

11.2 North America

11.2.1 USA

11.2.2 Canada

11.2.3 Mexico

11.3 Europe

11.3.1 Germany

11.3.2 UK

11.3.3 France

11.3.4 Italy

11.3.5 Spain

11.3.6 The Netherlands

11.3.7 Rest of Europe

11.4 Asia-Pacific

11.4.1 Japan

11.4.2 South Korea

11.4.3 China

11.4.4 India

11.4.5 Australia

11.4.6 Rest of Asia-Pacific

11.5 The Middle East & Africa

11.5.1 Israel

11.5.2 UAE

11.5.3 South Africa

11.5.4 Rest

11.6 Latin America

11.6.1 Brazil

11.6.2 Argentina

11.6.3 Rest of Latin America

12. Company Profile

12.1 Arkema SA

12.1.1 Financial

12.1.2 Products/ Services Offered

12.1.3 SWOT Analysis

12.1.4 The SNS view

12.2 Celanese Corporation

12.3 Exxon Mobil Corporation

12.4 LyondellBasell Industries Holdings B.V.

12.5 Infineum International Limited

12.6 DowDuPont

12.7 Innospec

12.8 Clariant AG

12.9 BASF SE

13.Competitive Landscape

13.1 Competitive Benchmark

13.2 Market Share analysis

13.3 Recent Developments

14. Conclusion

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The 5 steps process:

Step 1: Secondary Research:

Secondary Research or Desk Research is as the name suggests is a research process wherein, we collect data through the readily available information. In this process we use various paid and unpaid databases which our team has access to and gather data through the same. This includes examining of listed companies’ annual reports, Journals, SEC filling etc. Apart from this our team has access to various associations across the globe across different industries. Lastly, we have exchange relationships with various university as well as individual libraries.

Secondary Research

Step 2: Primary Research

When we talk about primary research, it is a type of study in which the researchers collect relevant data samples directly, rather than relying on previously collected data.  This type of research is focused on gaining content specific facts that can be sued to solve specific problems. Since the collected data is fresh and first hand therefore it makes the study more accurate and genuine.

We at SNS Insider have divided Primary Research into 2 parts.

Part 1 wherein we interview the KOLs of major players as well as the upcoming ones across various geographic regions. This allows us to have their view over the market scenario and acts as an important tool to come closer to the accurate market numbers. As many as 45 paid and unpaid primary interviews are taken from both the demand and supply side of the industry to make sure we land at an accurate judgement and analysis of the market.

This step involves the triangulation of data wherein our team analyses the interview transcripts, online survey responses and observation of on filed participants. The below mentioned chart should give a better understanding of the part 1 of the primary interview.

Primary Research

Part 2: In this part of primary research the data collected via secondary research and the part 1 of the primary research is validated with the interviews from individual consultants and subject matter experts.

Consultants are those set of people who have at least 12 years of experience and expertise within the industry whereas Subject Matter Experts are those with at least 15 years of experience behind their back within the same space. The data with the help of two main processes i.e., FGDs (Focused Group Discussions) and IDs (Individual Discussions). This gives us a 3rd party nonbiased primary view of the market scenario making it a more dependable one while collation of the data pointers.

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Data Bank Validation

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