Global Ethylene vinyl acetate resin Market is valued approximately at USD 9.1 billion in 2020 and is anticipated to grow with a healthy growth rate of more than 6.8% over the forecast period 2021-2027. Vinyl acetate monomer and ethylene are used to make EVA resins. They have enhanced stress fracture resistance and can keep their flexibility without the use of plasticizers throughout a wide temperature range of 60°C to 150°C. Because of their qualities such as a high coefficient of friction, low seal initiation temperatures, and great impact resistance, they are widely utilized in the packaging and paper industries, as well as the electrical and electronic industries. Further, the market is driven by the key factors such as Rising Usage in the Solar Industry and Growing Demand from the Packaging Industry. Ethylene vinyl acetate (EVA) is used in solar modules as an encapsulating agent to provide good radiation transmission and low degradability to sunlight. Thus, the growing solar energy industry boost the market growth. For instance, as per Statista, solar energy market is expected to reach USD 422 billion in 2022, in comparison to USD 86 billion in 2015. However, Increasing Threat of Substitutes, may impede market growth over the forecast period of 2021-2027.
Asia Pacific hold the largest share of global Ethylene vinyl acetate resins market owing to the growth of the packaging and paper, automotive, footwear, solar panels, and pharmaceutical sectors. Furthermore, factors such as increased demand and manufacture of packaging materials, electric autos, and photovoltaic panels for the generation of solar energy boost the regional growth in the forecast years.
Major market player included in this report are:
Celanese Corporation
Asia Polymer Corporation
Hanwha Solutions/Chemical Corporation
LyondellBasell Industries Holdings BV
Benson Polymers Limited
Clariant AG
ExxonMobil Corporation
Innospec Inc.
Kemipex
Braskem
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
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
By End user Industry:
Footwear & foams
Packaging
Agriculture
Photovoltaic panels
Pharmaceuticals
Others
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World
Furthermore, years considered for the study are as follows:
Historical year - 2018, 2019
Base year - 2020
Forecast period - 2021 to 2027.
Target Audience of the Global Ethylene vinyl acetate resin Market in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors
Table of Contents
Chapter 1. Executive Summary
- 1.1. Market Snapshot
- 1.2. Global & Segmental Market Estimates & Forecasts, 2019-2027 (USD Billion)
- 1.2.1. Ethylene vinyl acetate Market, by Region, 2019-2027 (USD Billion)
- 1.2.2. Ethylene vinyl acetate Market, by Type, 2019-2027 (USD Billion)
- 1.2.3. Ethylene vinyl acetate Market, by Application, 2019-2027 (USD Billion)
- 1.2.4. Ethylene vinyl acetate Market, by End user industry, 2019-2027 (USD Billion)
- 1.3. Key Trends
- 1.4. Estimation Methodology
- 1.5. Research Assumption
Chapter 2. Global Ethylene vinyl acetate Market Definition and Scope
- 2.1. Objective of the Study
- 2.2. Market Definition & Scope
- 2.2.1. Scope of the Study
- 2.2.2. Industry Evolution
- 2.3. Years Considered for the Study
- 2.4. Currency Conversion Rates
Chapter 3. Global Ethylene vinyl acetate Market Dynamics
- 3.1. Ethylene vinyl acetate Market Impact Analysis (2019-2027)
- 3.1.1. Market Drivers
- 3.1.1.1. Rising Usage in the Solar Industry
- 3.1.1.2. Growing Demand from the Packaging Industry
- 3.1.2. Market Restraint
- 3.1.2.1. Increasing Threat of Substitutes
- 3.1.3. Market Opportunities
- 3.1.3.1. Rising demand from agricultural applications
- 3.1.3.2. Introduction of bio-based ethylene vinyl acetate
Chapter 4. Global Ethylene vinyl acetate Market Industry Analysis
- 4.1. Porter's 5 Force Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
- 4.1.6. Futuristic Approach to Porter's 5 Force Model (2018-2027)
- 4.2. PEST Analysis
- 4.2.1. Political
- 4.2.2. Economical
- 4.2.3. Social
- 4.2.4. Technological
- 4.3. Investment Adoption Model
- 4.4. Analyst Recommendation & Conclusion
Chapter 5. Risk Assessment: COVID -19 Impact
- 5.1. Assessment of the overall impact of COVID-19 on the Industry
- 5.2. Pre COVID 19and Post COVID 19 market scenario
Chapter 6. Global Ethylene vinyl acetate Market, by type
- 6.1. Market Snapshot
- 6.2. Global Ethylene vinyl acetate Market by type, Performance - Potential Analysis
- 6.3. Global Ethylene vinyl acetate Market Estimates & Forecasts by type 2018-2027 (USD Billion)
- 6.4. Ethylene vinyl acetate Market , Sub Segment Analysis
- 6.4.1. Very low density ethylene vinyl acetate
- 6.4.2. Low density ethylene vinyl acetate
- 6.4.3. Medium density ethylene vinyl acetate
- 6.4.4. High density ethylene vinyl acetate
Chapter 7. Global Ethylene vinyl acetate Market, by Application
- 7.1. Market Snapshot
- 7.2. Global Ethylene vinyl acetate Market by Application, Performance - Potential Analysis
- 7.3. Global Ethylene vinyl acetate Market Estimates & Forecasts by Application 2018-2027 (USD Billion)
- 7.4. Ethylene vinyl acetate Market , Sub Segment Analysis
- 7.4.1. Film
- 7.4.2. Injection molding
- 7.4.3. Comp0unding and wire & cable
- 7.4.4. Others non-extrusion
- 7.4.5. Others extrusion
Chapter 8. Global Ethylene vinyl acetate Market, by End user industry
- 8.1. Market Snapshot
- 8.2. Global Ethylene vinyl acetate Market by End user industry, Performance - Potential Analysis
- 8.3. Global Ethylene vinyl acetate Market Estimates & Forecasts by End user industry 2018-2027 (USD Billion)
- 8.4. Ethylene vinyl acetate Market , Sub Segment Analysis
- 8.4.1. Footwear & foams
- 8.4.2. Packaging
- 8.4.3. Agriculture
- 8.4.4. Photovoltaic panels
- 8.4.5. Pharmaceuticals
- 8.4.6. Others
Chapter 9. Global Ethylene vinyl acetate Market, Regional Analysis
- 9.1. Ethylene vinyl acetate Market , Regional Market Snapshot
- 9.2. North America Ethylene vinyl acetate Market
- 9.2.1. U.S. Ethylene vinyl acetate Market
- 9.2.1.1. Type breakdown estimates & forecasts, 2018-2027
- 9.2.1.2. Application breakdown estimates & forecasts, 2018-2027
- 9.2.1.3. End User industry breakdown estimates & forecasts, 2018-2027
- 9.2.2. Canada Ethylene vinyl acetate Market
- 9.3. Europe Ethylene vinyl acetate Market Snapshot
- 9.3.1. U.K. Ethylene vinyl acetate Market
- 9.3.2. Germany Ethylene vinyl acetate Market
- 9.3.3. France Ethylene vinyl acetate Market
- 9.3.4. Spain Ethylene vinyl acetate Market
- 9.3.5. Italy Ethylene vinyl acetate Market
- 9.3.6. Rest of Europe Ethylene vinyl acetate Market
- 9.4. Asia-Pacific Ethylene vinyl acetate Market Snapshot
- 9.4.1. China Ethylene vinyl acetate Market
- 9.4.2. India Ethylene vinyl acetate Market
- 9.4.3. Japan Ethylene vinyl acetate Market
- 9.4.4. Australia Ethylene vinyl acetate Market
- 9.4.5. South Korea Ethylene vinyl acetate Market
- 9.4.6. Rest of Asia Pacific Ethylene vinyl acetate Market
- 9.5. Latin America Ethylene vinyl acetate Market Snapshot
- 9.5.1. Brazil Ethylene vinyl acetate Market
- 9.5.2. Mexico Ethylene vinyl acetate Market
- 9.6. Rest of The World Ethylene vinyl acetate Market
Chapter 10. Competitive Intelligence
- 10.1. Top Market Strategies
- 10.2. Company Profiles
- 10.2.1. Celanese Corporation
- 10.2.1.1. Key Information
- 10.2.1.2. Overview
- 10.2.1.3. Financial (Subject to Data Availability)
- 10.2.1.4. Product Summary
- 10.2.1.5. Recent Developments
- 10.2.2. Asia Polymer Corporation
- 10.2.3. Hanwha Solutions/Chemical Corporation
- 10.2.4. LyondellBasell Industries Holdings BV
- 10.2.5. Benson Polymers Limited
- 10.2.6. Clariant AG
- 10.2.7. ExxonMobil Corporation
- 10.2.8. Innospec Inc.
- 10.2.9. Kemipex
- 10.2.10. Braskem
Chapter 11. Research Process
- 11.1. Research Process
- 11.1.1. Data Mining
- 11.1.2. Analysis
- 11.1.3. Market Estimation
- 11.1.4. Validation
- 11.1.5. Publishing
- 11.2. Research Attributes
- 11.3. Research Assumption