Market Overview:
The global EVA market is expected to reach USD XX million by 2030, at a CAGR of XX% during the forecast period 2018-2030. The market growth is attributed to the increasing demand for films, adhesives and coatings, molding plastics and foaming materials applications. Asia Pacific is projected to be the fastest growing region in terms of EVA consumption during the forecast period. VLEVA segment accounted for a major share in 2017 and is projected to grow at a significant rate over the next decade owing to its superior properties such as toughness, flexibility and thermal stability. LEVA segment will grow rapidly due its low cost as compared to VLEVA type products. MEVA type product are witnessing highest growth rates due their excellent electrical insulation properties which are finding increased application in transformer manufacturing industry globally. HEVA type product are used where high transparency or stiffness requirement exists such as optical fibers & lenses, medical devices etc., this particular segment will witness highest CAGR over next 10 years . EVA Market By Application: Films application dominated global EVA market with more than 50% share in 2017; it is also anticipated that this application would maintain its dominance throughout the forecast period on account of rising demand from packaging industries across different geographies .
Product Definition:
EVA is an acronym for Economic Value Added. EVA is a measure of the profit generated by a company that exceeds the cost of its capital. The importance of EVA lies in its ability to indicate how well a company is using its resources to generate profits.
VLEVA:
VLEVA is a form of polyvinyl alcohol, which has been used in wound dressings and surgical applications. It is also used as an adjuvant for vaccines. VLEVA’s use in the pharmaceutical industry has witnessed significant growth over the past few years owing to its biodegradable nature and low toxicity levels. Increasing demand for biodegradable products coupled with rising awareness regarding product benefits are some of the key factors driving market growth globally.
LEVA:
Levulinic Acid, also known as 4-oxopentanoic acid or 4-oxoacetic acid is an organic compound that is classified as a ketoacid. It has a pKa of 7 which means it will dissociate completely in water to give carboxylic acid and levulinic acid (LA) & formate (F). LA has been identified as the most potent antioxidant in the plant kingdom.
Application Insights:
The molding plastics segment dominated the global EVA market in terms of revenue share in 2017. The growth can be attributed to increasing demand from various end-use industries including automotive, construction, and packaging. Moreover, rising demand for lightweight materials with superior mechanical properties is expected to boost product consumption over the forecast period.
EVA foam has excellent resiliency and durability properties which make it a suitable material for use in manufacturing children¢â‚¬â„¢s toys, sporting goods equipment as well as furniture items such as chairs and sofas. These foams are also used extensively by the construction industry owing to their lightweight characteristics that reduce building costs without compromising on structural integrity or durability requirements.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region is anticipated to witness a CAGR of XX% from 2018 to 2030 owing to increasing demand for EVA from various application industries in countries, such as China, India, Japan and South Korea. Rapid industrialization coupled with government initiatives aimed at promoting domestic manufacturing activities are likely to drive product consumption in automotive, aerospace & defense and packaging applications across this region over the coming years.
The growing automotive industry across Asia Pacific has led major companies including Toyota Motor Corporation; Honda Motor Co., Ltd.; Nissan Motors Ltd.; Hyundai Mobis; Tata Motors Inc.; Mahindra & Mahindra Limited; Suzuki Motor Corporation; Dongfeng Motor Corp (DMC); Isuzu Motors Ltd.; Changan Automobile Group Co., Ltd.
Growth Factors:
- Increasing demand for electric vehicles from the automotive sector
- Government initiatives and subsidies for electric vehicles
- Development of charging infrastructure for electric vehicles
- Growing awareness about the benefits of electric vehicles among consumers
- Reduction in the cost of batteries and other components used in electric vehicles
Scope Of The Report
Report Attributes
Report Details
Report Title
EVA Market Research Report
By Type
VLEVA, LEVA, MEVA, HEVA
By Application
Films, Adhesives and Coatings, Molding Plastics, Foaming Materials, Other
By Companies
Arkema, Celanese, DuPont, ExxonMobil, Lanxess, LyondellBasell Industries Holdings, Sumitomo Chemical, Asia Polymer Corporation, Braskem, Bridgestone, Arkema, Hanwha Chemical, 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
172
Number of Tables & Figures
121
Customization Available
Yes, the report can be customized as per your need.
Global EVA Market Report Segments:
The global EVA market is segmented on the basis of:
Types
VLEVA, LEVA, MEVA, HEVA
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
Films, Adhesives and Coatings, Molding Plastics, Foaming Materials, Other
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:
- Arkema
- Celanese
- DuPont
- ExxonMobil
- Lanxess
- LyondellBasell Industries Holdings
- Sumitomo Chemical
- Asia Polymer Corporation
- Braskem
- Bridgestone
- Arkema
- Hanwha Chemical
- Innospec
- Repsol
- Versalis
Highlights of The EVA 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:
- VLEVA
- LEVA
- MEVA
- HEVA
- By Application:
- Films
- Adhesives and Coatings
- Molding Plastics
- Foaming Materials
- Other
- 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 EVA 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
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
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?
EVA is short for Extra-Vehicular Activity, which is a term used to describe activities outside of a spacecraft. EVA can include anything from walking on the surface of another planet to performing repairs in space.
Some of the major companies in the eva market are Arkema, Celanese, DuPont, ExxonMobil, Lanxess, LyondellBasell Industries Holdings, Sumitomo Chemical, Asia Polymer Corporation, Braskem, Bridgestone, Arkema, Hanwha Chemical, Innospec, Repsol, Versalis.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 EVA 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 EVA Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 EVA 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 EVA 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 EVA Market Size & Forecast, 2020-2028
4.5.1 EVA Market Size and Y-o-Y Growth
4.5.2 EVA 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 VLEVA
5.2.2 LEVA
5.2.3 MEVA
5.2.4 HEVA
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 Films
6.2.2 Adhesives and Coatings
6.2.3 Molding Plastics
6.2.4 Foaming Materials
6.2.5 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global EVA 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 EVA 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 VLEVA
9.6.2 LEVA
9.6.3 MEVA
9.6.4 HEVA
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 Films
9.10.2 Adhesives and Coatings
9.10.3 Molding Plastics
9.10.4 Foaming Materials
9.10.5 Other
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 VLEVA
10.6.2 LEVA
10.6.3 MEVA
10.6.4 HEVA
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 Films
10.10.2 Adhesives and Coatings
10.10.3 Molding Plastics
10.10.4 Foaming Materials
10.10.5 Other
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 VLEVA
11.6.2 LEVA
11.6.3 MEVA
11.6.4 HEVA
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 Films
11.10.2 Adhesives and Coatings
11.10.3 Molding Plastics
11.10.4 Foaming Materials
11.10.5 Other
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 VLEVA
12.6.2 LEVA
12.6.3 MEVA
12.6.4 HEVA
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 Films
12.10.2 Adhesives and Coatings
12.10.3 Molding Plastics
12.10.4 Foaming Materials
12.10.5 Other
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 VLEVA
13.6.2 LEVA
13.6.3 MEVA
13.6.4 HEVA
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 Films
13.10.2 Adhesives and Coatings
13.10.3 Molding Plastics
13.10.4 Foaming Materials
13.10.5 Other
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 EVA Market: Competitive Dashboard
14.2 Global EVA Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Arkema
14.3.2 Celanese
14.3.3 DuPont
14.3.4 ExxonMobil
14.3.5 Lanxess
14.3.6 LyondellBasell Industries Holdings
14.3.7 Sumitomo Chemical
14.3.8 Asia Polymer Corporation
14.3.9 Braskem
14.3.10 Bridgestone
14.3.11 Arkema
14.3.12 Hanwha Chemical
14.3.13 Innospec
14.3.14 Repsol
14.3.15 Versalis
