Market Overview:
The global ethyl vinyl acetate (EVA) foam market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for EVA foam in automotive, medical, and building and construction applications. In addition, the growing demand for lightweight materials is also contributing to the growth of the market. The extrusion molding segment is expected to dominate the global EVA foam market during the forecast period. This segment accounted for a majority share of the global EVA foam market in 2017 and is projected to grow at a CAGR of 5.8% from 2018 to 2030.
Product Definition:
Ethyl vinyl acetate foam is an important component of many products, including insulation, packaging, and furniture. It is a synthetic polymer that is made from ethylene and vinyl acetate. When it is heated or exposed to pressure, it expands to form a foam. This makes it ideal for use in products that need to be lightweight and durable.
Extrusion Molding:
Extrusion molding is a process of converting solid or semi-solid materials into desired shapes by using heat and pressure. It is one of the most widely used processes in the plastic industry. The extruded products are then cooled, cut, and gathered to obtain final product. This technique can be used for producing components as well as finished goods ranging from automotive parts to household appliances.
The global extrusion molding market size was valued at USD 7 billion in 2015.
Injection Foaming Molding:
Injection foaming molding is a process of converting liquid plastic compound into foam by using injection molding machine. In this process, the molten plastic is injected under high pressure inside the mold cavity and then it cools down to form a finished product. This technique helps in producing complex shapes that are not possible through other processes like extrusion or castings.
This technology has wide applications in various end-use industries including packaging, automotive & transportation, consumer goods etc.
Application Insights:
Automotive was the largest application segment in 2017 and is expected to continue its dominance over the forecast period. Automotive applications include interior trim, dash boards, door panels, seat trims and bolstering materials. Ethyl vinyl acetate foam offers thermal insulation as well as impact resistance which are required for safety components in an automobile. It also finds applications in noise reduction material for automotive tires.
Medical is another key application segment owing to properties such as chemical inertness towards skin and excellent mechanical strength exhibited by EVA foam products during surgeries & medical procedures. EVA foams are used for a wide range of purposes including padding of operating tables & chairs, cushioning of sound boxes during karaoke sessions or concerts, soft tissue trauma pads among others.
Regional Analysis:
North America was the largest market for ethyl vinyl acetate(EVA) foam and accounted for a revenue share of over 35.0% in 2017 owing to the presence of several key players such as Covid-19, Inc.; Dow Corning; and Eastman Chemical Co. The region is expected to dominate the global market over the forecast period on account of increasing demand from various end-use industries such as automotive, building & construction, packaging among others.
The growing automotive industry in North America is one major factor driving EVA foam demand in this region. According to OICA, total motor vehicle production reached nearly 15 million units in 2015 which increased by nearly 9% compared to 2014.
Growth Factors:
- Increasing demand from the automotive and construction industries as a result of the growth in these sectors.
- Rising disposable income levels in developing countries, which is resulting in an increase in demand for premium products such as EVA foam.
- Technological advancements that are making EVA foam more durable and versatile, which is resulting in an increase in its adoption by manufacturers.
- The increasing popularity of eco-friendly products, which has led to an increase in the demand for EVA foam mattresses and other furniture items made from this material.
Scope Of The Report
Report Attributes
Report Details
Report Title
Ethyl Vinyl Acetate(EVA)Foam Market Research Report
By Type
Extrusion Molding, Injection Foaming Molding, Compression Molding
By Application
Automotive, Medical, Building and Construction, Others
By Companies
Toray Plastics, Trocellen, Armacell, Carefoam, Zotefoams
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
189
Number of Tables & Figures
133
Customization Available
Yes, the report can be customized as per your need.
Global Ethyl Vinyl Acetate(EVA)Foam Market Report Segments:
The global Ethyl Vinyl Acetate(EVA)Foam market is segmented on the basis of:
Types
Extrusion Molding, Injection Foaming Molding, Compression Molding
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Automotive, Medical, Building and Construction, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Toray Plastics
- Trocellen
- Armacell
- Carefoam
- Zotefoams
Highlights of The Ethyl Vinyl Acetate(EVA)Foam Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Extrusion Molding
- Injection Foaming Molding
- Compression Molding
- By Application:
- Automotive
- Medical
- Building and Construction
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Ethyl Vinyl Acetate(EVA)Foam Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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- Correctly Positioning New Products
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Ethyl Vinyl Acetate(EVA) foam is a type of open-cell, low density foam. It is made from ethylene vinyl acetate and has a soft, spongy texture. This foam is used in products that need to be lightweight and have good air flow, such as mattresses and pillows.
Some of the major companies in the ethyl vinyl acetate(eva)foam market are Toray Plastics, Trocellen, Armacell, Carefoam, Zotefoams.
The ethyl vinyl acetate(eva)foam market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Ethyl Vinyl Acetate(EVA)Foam Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 Ethyl Vinyl Acetate(EVA)Foam Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Ethyl Vinyl Acetate(EVA)Foam Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the Ethyl Vinyl Acetate(EVA)Foam Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global Ethyl Vinyl Acetate(EVA)Foam Market Size & Forecast, 2020-2028 4.5.1 Ethyl Vinyl Acetate(EVA)Foam Market Size and Y-o-Y Growth 4.5.2 Ethyl Vinyl Acetate(EVA)Foam Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Extrusion Molding
5.2.2 Injection Foaming Molding
5.2.3 Compression Molding
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Automotive
6.2.2 Medical
6.2.3 Building and Construction
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Ethyl Vinyl Acetate(EVA)Foam Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Ethyl Vinyl Acetate(EVA)Foam Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Extrusion Molding
9.6.2 Injection Foaming Molding
9.6.3 Compression Molding
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Automotive
9.10.2 Medical
9.10.3 Building and Construction
9.10.4 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Extrusion Molding
10.6.2 Injection Foaming Molding
10.6.3 Compression Molding
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Automotive
10.10.2 Medical
10.10.3 Building and Construction
10.10.4 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Extrusion Molding
11.6.2 Injection Foaming Molding
11.6.3 Compression Molding
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Automotive
11.10.2 Medical
11.10.3 Building and Construction
11.10.4 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Extrusion Molding
12.6.2 Injection Foaming Molding
12.6.3 Compression Molding
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Automotive
12.10.2 Medical
12.10.3 Building and Construction
12.10.4 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Extrusion Molding
13.6.2 Injection Foaming Molding
13.6.3 Compression Molding
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Automotive
13.10.2 Medical
13.10.3 Building and Construction
13.10.4 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Ethyl Vinyl Acetate(EVA)Foam Market: Competitive Dashboard
14.2 Global Ethyl Vinyl Acetate(EVA)Foam Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Toray Plastics
14.3.2 Trocellen
14.3.3 Armacell
14.3.4 Carefoam
14.3.5 Zotefoams