Ethylene-vinyl acetate (EVA) is a copolymer of two organic compounds, ethylene and vinyl acetate. The proportion of vinyl acetate to ethylene varies from 10 to 40%. This type of polymer is used in many applications including plastics, coatings, and adhesives. EVA is commonly used for packaging and in various plastic goods applications. It is used as a sealant in dairy and meat packaging, as well as for pipes and wire insulation. It also has a variety of medical uses and is a popular ingredient in thermoplastic mouthguards. In addition, it is used in hot melt adhesives and for the lamination of glass to improve impact resistance.
Market Dynamics:
Demand for Ethylene Vinyl Acetate is expected to rise in the coming years as the demand for solar panels grows. This material is used in the encapsulation of solar panels. Its low degradation rate and high radiation transmission make it ideal for a variety of solar panel applications. Further, a growing awareness of energy conservation and favorable government regulations are likely to drive EVA consumption in alternative end uses. All these factors are projected to augment Ethylene Vinyl Acetate (EVA) market growth.
On contrary, threat from substitute like bio-degradable plastic alternatives is expected to hamper market growth over the forecast period.
Key features of the study:
- This report provides in-depth analysis of the global Ethylene Vinyl Acetate (EVA) market, and provides market size (US$ Million) and compound annual growth rate (CAGR%) for the forecast period (2022–2030), considering 2021 as the base year
- It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
- This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
- It profiles key players in the global Ethylene Vinyl Acetate (EVA) market based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies
- Key companies covered as a part of this study include Arlanxeo, Asia Polymer Corporation, Benson Polymers Limited, Braskem, Celanese Corporation, Clariant AG, Dow, ExxonMobil Corporation, Hanwha, Solutions/Chemical Corporation, Innospec Inc., LyondellBasell Industries Holdings BV, Repsol, Sipchem, SK Global, Sumitomo Chemical Co. Ltd, and Tosoh Corporation
- Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
- The global Ethylene Vinyl Acetate (EVA) market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
- Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global Ethylene Vinyl Acetate (EVA) market
Detailed Segmentation:
- Global Ethylene Vinyl Acetate Market, By Grade:
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- Low Density
- Medium Density
- High Density
- Global Ethylene Vinyl Acetate Market, By Application:
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- Films
- Adhesives
- Foams
- Solar Cell Encapsulation
- Other Applications
- Global Ethylene Vinyl Acetate Market, By Geography:
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- Asia-Pacific
- North America
- Europe
- South America
- Middle-East and Africa
- Company Profiles:
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- Arlanxeo
- Asia Polymer Corporation
- Benson Polymers Limited
- Braskem
- Celanese Corporation
- Clariant AG
- Dow
- ExxonMobil Corporation
- Hanwha Solutions/Chemical Corporation
- Innospec Inc.
- LyondellBasell Industries Holdings BV
- Repsol
- Sipchem
- SK Global
- Sumitomo Chemical Co. Ltd
- Tosoh Corporation
