Report Ocean has recently published the “Ethylene Vinyl Acetate (EVA) Resins Market“ Research Report 2023-2031, offering a comprehensive analysis of the market. This report delves deep into the market dynamics, including key trends, upcoming technologies, drivers, challenges, and regulatory policies. It also features company profiles and strategies of prominent players in the industry. With over 100+ market data tables, pie charts, graphs, and figures, this global market study provides a thorough understanding of the market landscape. It presents a complete assessment, encompassing future trends, current growth factors, informed opinions, factual insights, and industry-validated market data, enabling accurate forecasts until 2031.
The global ethylene vinyl acetate (EVA) resins market was valued at $6,052 million in 2015, and is expected to grow at a CAGR of 7.5% from 2016 to 2022 to reach $10,050 million. Ethylene vinyl acetate (EVA) resins are flexible products compatible with a wide range of polymers and additives. Ethylene and vinyl acetate are the primary raw materials used to manufacture these resins. EVA resins with 18-40% vinyl acetate concentration are used to produce hot melt adhesives. The rate of recrystallization and melt viscosity depends on the choice of EVA resin used for adhesive formulations. EVA with low melt index (MI) offers high strength, viscosity, and hot tack, while high melt index counterparts provide low viscosity and high polymer content.
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The global EVA resins market is driven by the growth of the packaging industry, rise in demand among various end-user industries, such as agriculture and photovoltaic panels. Asia-Pacific is expected to witness substantial growth in the global market, owing to rise in disposable income and increase in population in emerging economies such as China and India. Fluctuation in prices of raw materials and increase in competition from substitutes, including linear low-density polyethylene (LLDPE), are expected to hamper the market growth in the next few years. Newly installed photovoltaic facilities and increase in the number of upcoming solar projects in emerging markets, such as China and India, are expected to provide lucrative potential for market growth.
The global EVA resins market is analyzed on the basis of type, application, end user, and geography. Based on type, the market is divided into vinyl acetate modified polyethylene, thermoplastic ethylene vinyl acetate, and ethylene vinyl acetate rubber. The application areas of the market are broadly classified into film, foam, hot melt adhesives, wire & cable, extrusion coating, solar cell encapsulation, and others (injection molding and medical tubing). The end users of the market are automotive; packaging & paper; paints, coatings & adhesives; electronics & electrical; pharmaceutical; footwear; photovoltaic panels; and others (agriculture and medical). The market is analyzed based on four regions: North America, Europe, Asia-Pacific, and LAMEA.
KEY BENEFITS FOR STAKEHOLDERS
This report provides quantitative analyses of the trends & estimations, and dynamics of the industry from 2014 to 2022 to identify the prevailing market opportunities.
Major countries in each region are mapped according to individual market revenue.
Comprehensive analysis of factors that drive and restrict the growth of ethylene-vinyl acetate (EVA) resins market is provided.
An in-depth analysis of current research and clinical developments within the market is provided, in addition to the key market dynamic factors to determine the market behavior.
Micro-level analysis of the industry is conducted based on type, application, and end user.
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Major players operating in this market include the following:
Arkema S.A.
Braskem SA
Celanese Corporation
E.I. du Pont de Nemours and Company
Exxon Mobil Corporation
Formosa Plastics Corporation
Hanwha Chemical Co, Ltd.
Lyondell Basell Industries N.V.
Sinopec Corp.
The DOW Chemical Company
KEY PLAYERS
A. Algeo Ltd.
Andrew Pearson Industries
API S.p.A
BASF-YPC Company Limited.
Hoehn Plastics, Inc.
Honam Petrochemical Corporation
Japan Polychem Corporation
Japan Polyolefins Co., Ltd.
Lanxess Deutschland GmbH
LG Chem Ltd.
Modern Dispersions, Inc.
Polimeri Europa S.R.L
Reliance Industries Limited.
SKC Co., Ltd.
The Polyolefin Company (Singapore) Pte Ltd.
Tosoh Corporation
Ultralon Australia Pty Ltd.
USI Corporation
Versalis S.p.A.
Westlake Chemical Corporation
KEY MARKET SEGMENTS
By Type
Vinyl Acetate Modified Polyethylene (Low VA Density)
Thermoplastic Ethylene Vinyl Acetate (Medium VA Density)
Ethylene Vinyl Acetate Rubber (High VA Density)
By Application
Film
Foam
Hot Melt Adhesives
Wire & Cable
Extrusion Coating
Solar Cell Encapsulation
Others (Injection Molding and Medical Tubing)
By End User
Automotive
Packaging & Paper
Paints, Coatings & Adhesives
Electronics & Electrical
Pharmaceutical
Footwear
Photovoltaic Panels
Others (Agriculture and Medical)
By Geography
North America
U.S.
Canada
Mexico
Europe
UK
Germany
France
Spain
Italy
Rest of Europe
Asia-Pacific
China
Japan
India
Australia
South Korea
Rest of Asia-Pacific
LAMEA
Brazil
South Africa
Saudi Arabia
Turkey
Rest of LAMEA
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Table of Contents:
- Introduction and Scope
- Definition and Forecast Parameters
- Methodology and Forecast Parameters
- Information Sources
- Latest Trends Summary
- Regional Trends
- Product Trends
- End-Use Trends
- Business Trends
- Industry Insights
- Industry Fragmentation
- Industry Landscape
- Vendor Matrix
- Technological and Innovative Landscape
- Market by Region
- North America
- Latin America
- Europe
- Asia Pacific
- Middle East and Africa
- Company Profiles
- Company Overview
- Financial Elements
- Product Landscape
- SWOT Analysis
- Systematic Outlook
What Are the Key Data Covered in This Market Report?
- The report may provide data on the current market size, historical data for previous years, and projections for future growth.
- This data may be presented in terms of revenue, market share, or other relevant metrics.
- The report may include data on the segmentation of the market based on various factors such as product type, application, end-user industry, and geography.
- This data helps to understand the market dynamics within different segments
- The report may highlight key trends and drivers that are shaping the market. This can include technological advancements, regulatory changes, consumer behavior, and industry developments.
- Data on these trends and drivers can provide insights into the factors influencing market growth.
- The report may provide data on the competitive landscape of the market, including key players, their market share, and strategies.
- This data helps to assess the competitive intensity and market positioning of different companies operating in the market.
- The report may outline the challenges and opportunities faced by market participants. This can include factors such as regulatory hurdles, competitive pressures, and emerging market opportunities.
- Data on these challenges and opportunities can inform business decisions and strategies.
- The report may provide data on the market performance and trends in different regions or countries. This can include data on market size, growth rate, and key players in each region.
- Regional data helps to understand market dynamics at a local level.
- The report may include data on consumer behavior, preferences, and buying patterns related to patient engagement solutions.
- This data can provide insights into customer needs and expectations, helping businesses tailor their offerings accordingly.
- The report may provide forecasts for the future of the market based on historical data, market trends, and other factors.
- This data helps stakeholders understand the potential growth and opportunities in the market.
Questions & Answers Market Research/Analysis Report Contains to your following:
- What is the current size of the market and how is it expected to grow in the future?
- What are the key drivers influencing market growth?
- What are the major challenges or constraints faced by market participants?
- What are the emerging trends and opportunities in the market?
- Who are the major competitors in the market and what is their market share?
- What are the key customer segments and their preferences within the market?
- What are the regional or geographic trends and variations within the market?
- What are the regulatory and legal factors impacting the market?
- What are the technological advancements or innovations shaping the market?
- What are the pricing trends and strategies observed in the market?
- What are the distribution channels and their effectiveness in reaching the target market?
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