Report Id: SNS/C&M/2290 | July 2022 | Region: Global | 127 Pages
Report Scope & Overview:
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 packaging materials and consumer electronics in emerging economies.
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.
Arkema SA, Celanese Corporation, Exxon Mobil Corporation, LyondellBasell Industries Holdings B.V., Infineum International Limited, DowDuPont, Innospec, Clariant AG, BASF SE, and other players.
Very low density ethylene vinyl acetate
Low density ethylene vinyl acetate
Medium density ethylene vinyl acetate
High density ethylene vinyl acetate
Comp0unding and wire & cable
By End-Use Industry
Footwear & foams
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.
Rest of Europe
Rest of Asia-Pacific
The Middle East & Africa
Rest of Middle East & Africa
Rest of Latin America
|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|
|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 (FAQ) :
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
1.1 Market Definition
1.3 Research Assumptions
2. Research Methodology
3. Market Dynamics
4. Impact Analysis
4.1 COVID-19 Impact Analysis
4.2 Impact of Ukraine- Russia war
4.3 Impact of ongoing Recession
4.3.2 Impact on major economies
18.104.22.168 United Kingdom
22.214.171.124 South Korea
126.96.36.199 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
9.2 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
10.4 Photovoltaic panels
11. Regional Analysis
11.2 North America
11.3.6 The Netherlands
11.3.7 Rest of Europe
11.4.2 South Korea
11.4.6 Rest of Asia-Pacific
11.5 The Middle East & Africa
11.5.3 South Africa
11.6 Latin America
11.6.3 Rest of Latin America
12. Company Profile
12.1 Arkema SA
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
12.8 Clariant AG
12.9 BASF SE
13.1 Competitive Benchmark
13.2 Market Share analysis
13.3 Recent Developments
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