Market Overview:
The global ethylene vinyl acetate (EVA) market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The market growth is attributed to the increasing demand for EVA in footwear & foam, packaging, agriculture, photovoltaic panels, pharmaceutical and other applications. In terms of volume, the North America region is expected to lead the global EVA market during the forecast period. However, Asia Pacific is projected to register highest CAGR due to rapid industrialization and rising disposable income in countries such as China and India.
Product Definition:
Ethylene Vinyl Acetate (EVA) is a copolymer of ethylene and vinyl acetate. It is used to make films, fibers, adhesives and coatings. EVA has good clarity, toughness and flexibility. It can be used as a substitute for polyvinyl chloride (PVC).
VA (Approximately up to 4%):
Approximately up to 4% is the usage of VA in Ethylene Vinyl Acetate (EVA) market. Approximately up to 4% is used as a monomer for copolymerization with other compounds such as vinyl alcohol and ethyl acrylate, which are used in paints, adhesives & sealants, rubber products and plastic processing industries.
VA (Approximately 4 to 30%):
VA is a copolymer of vinyl alcohol and ethylene. It has similar chemical properties as ethylene but lower molecular weight. VA is used in various applications such as adhesives, sealants, coatings, and elastomers owing to its high flexibility at low temperatures along with excellent mechanical strength and toughness. The growing demand for flexible PVC substitutes in packaging applications on account of their superior barrier properties against moisture & oxygen is expected to drive the market over the forecast period.
Application Insights:
Footwear & foam was the largest application segment in 2017 and is expected to continue its dominance over the forecast period. Ethylene-vinyl acetate is used for manufacturing footwear due to its high water resistance and durability properties. It is also used in making midsole cushioning, outsole treads, shoe lining, and soles for sports shoes among others.
VA finds applications in a wide range of products including films, tapes & bandages, coatings (household), adhesives (semi-rigid & flexible), coatings (food cans/containers), photovoltaic panels etc. Its use as an adhesive allows it to combine flexibility with strength which makes it suitable for a wide range of uses including food packaging and solar cell mounting installations on roofs or walls.
Regional Analysis:
Asia Pacific dominated the global ethylene vinyl acetate market in terms of revenue with a share of 59.1% in 2017. The region is expected to witness significant growth over the forecast period owing to increasing demand from various application industries, such as footwear and packaging, which are primarily based out of China and India respectively.
China was one of the largest consumers for EVA owing to its rapidly expanding manufacturing sector that required large volumes for production coupled with growing domestic consumption from end-use industries such as photovoltaic panels, pharmaceuticals and others. In addition, favorable government regulations pertaining to energy conservation are anticipated to propel industry expansion over the coming years.
Growth Factors:
- Increasing demand from end-use industries such as packaging, automotive and construction is expected to drive the ethylene vinyl acetate market growth.
- Rising population and consequent increase in demand for consumer goods is projected to boost the ethylene vinyl acetate market growth over the forecast period.
- Growing awareness about benefits of EVA foam products is anticipated to propel the ethylene vinyl acetate market growth in near future.
- Technological advancements in production process of EVA foam are likely to provide new opportunities for industry participants over next few years .
Scope Of The Report
Report Attributes
Report Details
Report Title
Ethylene Vinyl Acetate Market Research Report
By Type
VA (Approximately up to 4%), VA (Approximately 4 to 30%), VA (Greater than 40%)
By Application
Footwear & Foam, Packaging, Agriculture, Photovoltaic Panels, Pharmaceutical, Others
By Companies
Dow, ExxonMobil, LyondellBasell, Celanese, Arkema, Sumitomo Chemical, Asia Polymer, Braskem, Bridgestone, Formosa Plastics, Dow, Innospec, Repsol, Versalis
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
222
Number of Tables & Figures
156
Customization Available
Yes, the report can be customized as per your need.
Global Ethylene Vinyl Acetate Market Report Segments:
The global Ethylene Vinyl Acetate market is segmented on the basis of:
Types
VA (Approximately up to 4%), VA (Approximately 4 to 30%), VA (Greater than 40%)
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
Footwear & Foam, Packaging, Agriculture, Photovoltaic Panels, Pharmaceutical, 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:
- Dow
- ExxonMobil
- LyondellBasell
- Celanese
- Arkema
- Sumitomo Chemical
- Asia Polymer
- Braskem
- Bridgestone
- Formosa Plastics
- Dow
- Innospec
- Repsol
- Versalis
Highlights of The Ethylene Vinyl Acetate 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:
- VA (Approximately up to 4%)
- VA (Approximately 4 to 30%)
- VA (Greater than 40%)
- By Application:
- Footwear & Foam
- Packaging
- Agriculture
- Photovoltaic Panels
- Pharmaceutical
- 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 Ethylene Vinyl Acetate 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.
How you may use our products:
- Correctly Positioning New Products
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- Product & Brand Management
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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?
Ethylene Vinyl Acetate is a type of plastic that is made from ethylene and vinyl acetate. It is often used to make items such as bottles, containers, and toys.
Some of the major companies in the ethylene vinyl acetate market are Dow, ExxonMobil, LyondellBasell, Celanese, Arkema, Sumitomo Chemical, Asia Polymer, Braskem, Bridgestone, Formosa Plastics, Dow, Innospec, Repsol, Versalis.
The ethylene vinyl acetate market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Ethylene Vinyl Acetate 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 Ethylene Vinyl Acetate Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Ethylene Vinyl Acetate 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 Ethylene Vinyl Acetate 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 Ethylene Vinyl Acetate Market Size & Forecast, 2018-2028
4.5.1 Ethylene Vinyl Acetate Market Size and Y-o-Y Growth
4.5.2 Ethylene Vinyl Acetate Market Absolute $ Opportunity
Chapter 5 Global Ethylene Vinyl Acetate 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 Ethylene Vinyl Acetate Market Size Forecast by Type
5.2.1 VA (Approximately up to 4%)
5.2.2 VA (Approximately 4 to 30%)
5.2.3 VA (Greater than 40%)
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Ethylene Vinyl Acetate 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 Ethylene Vinyl Acetate Market Size Forecast by Applications
6.2.1 Footwear & Foam
6.2.2 Packaging
6.2.3 Agriculture
6.2.4 Photovoltaic Panels
6.2.5 Pharmaceutical
6.2.6 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Ethylene Vinyl Acetate 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 Ethylene Vinyl Acetate 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 Ethylene Vinyl Acetate Analysis and Forecast
9.1 Introduction
9.2 North America Ethylene Vinyl Acetate 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 Ethylene Vinyl Acetate Market Size Forecast by Type
9.6.1 VA (Approximately up to 4%)
9.6.2 VA (Approximately 4 to 30%)
9.6.3 VA (Greater than 40%)
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 Ethylene Vinyl Acetate Market Size Forecast by Applications
9.10.1 Footwear & Foam
9.10.2 Packaging
9.10.3 Agriculture
9.10.4 Photovoltaic Panels
9.10.5 Pharmaceutical
9.10.6 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 Ethylene Vinyl Acetate Analysis and Forecast
10.1 Introduction
10.2 Europe Ethylene Vinyl Acetate 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 Ethylene Vinyl Acetate Market Size Forecast by Type
10.6.1 VA (Approximately up to 4%)
10.6.2 VA (Approximately 4 to 30%)
10.6.3 VA (Greater than 40%)
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 Ethylene Vinyl Acetate Market Size Forecast by Applications
10.10.1 Footwear & Foam
10.10.2 Packaging
10.10.3 Agriculture
10.10.4 Photovoltaic Panels
10.10.5 Pharmaceutical
10.10.6 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 Ethylene Vinyl Acetate Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Ethylene Vinyl Acetate 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 Ethylene Vinyl Acetate Market Size Forecast by Type
11.6.1 VA (Approximately up to 4%)
11.6.2 VA (Approximately 4 to 30%)
11.6.3 VA (Greater than 40%)
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 Ethylene Vinyl Acetate Market Size Forecast by Applications
11.10.1 Footwear & Foam
11.10.2 Packaging
11.10.3 Agriculture
11.10.4 Photovoltaic Panels
11.10.5 Pharmaceutical
11.10.6 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 Ethylene Vinyl Acetate Analysis and Forecast
12.1 Introduction
12.2 Latin America Ethylene Vinyl Acetate 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 Ethylene Vinyl Acetate Market Size Forecast by Type
12.6.1 VA (Approximately up to 4%)
12.6.2 VA (Approximately 4 to 30%)
12.6.3 VA (Greater than 40%)
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 Ethylene Vinyl Acetate Market Size Forecast by Applications
12.10.1 Footwear & Foam
12.10.2 Packaging
12.10.3 Agriculture
12.10.4 Photovoltaic Panels
12.10.5 Pharmaceutical
12.10.6 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) Ethylene Vinyl Acetate Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Ethylene Vinyl Acetate 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) Ethylene Vinyl Acetate Market Size Forecast by Type
13.6.1 VA (Approximately up to 4%)
13.6.2 VA (Approximately 4 to 30%)
13.6.3 VA (Greater than 40%)
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) Ethylene Vinyl Acetate Market Size Forecast by Applications
13.10.1 Footwear & Foam
13.10.2 Packaging
13.10.3 Agriculture
13.10.4 Photovoltaic Panels
13.10.5 Pharmaceutical
13.10.6 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 Ethylene Vinyl Acetate Market: Competitive Dashboard
14.2 Global Ethylene Vinyl Acetate Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Dow
14.3.2 ExxonMobil
14.3.3 LyondellBasell
14.3.4 Celanese
14.3.5 Arkema
14.3.6 Sumitomo Chemical
14.3.7 Asia Polymer
14.3.8 Braskem
14.3.9 Bridgestone
14.3.10 Formosa Plastics
14.3.11 Dow
14.3.12 Innospec
14.3.13 Repsol
14.3.14 Versalis
