Ethylene Vinyl Acetate Market Size, Manufacturers, Supply Chain, Sales Channel And Clients, 2021-2027

 

Market Segmentation

The global ethylene vinyl acetate (EVA) market has been segmented by type, application, end-use industry, and region. Based on type, the market has been segmented into low density EVA, medium density EVA, and high-density EVA. Medium density EVA segment accounted for the largest share of the global EVA market in 2017 and is expected to register a healthy CAGR during the review period. This market growth can be attributed to the increasing use in numerous applications such as foaming, film extrusion, and injection molding due to their superior properties such as flexibility, transparency, and high chemical resistance among others. High density EVA segment is expected to be the fastest growing segment of the global EVA market on account of increasing use in solar cell encapsulation as it provides enhanced durability and improved performance.

Based on application, the Ethylene Vinyl Acetate (Eva) Market has been segmented into foaming, film extrusion, solar cell encapsulation, injection molding, hot melt adhesives, coatings, compounding and wires & cables, and others. Foaming segment accounted for the largest share of the global EVA market in 2017. This growth can be attributed to increasing use of EVA foam in shoes, automotive interiors, packaging, and tapes among others. Solar cell encapsulation segment is expected to be the fastest growing segment of the global EVA market on account of rising investment in the solar power plants globally.

Based on end-use industry, the market has been segregated into packaging, renewable energy, adhesives & sealants, footwear, construction, electrical & electronics, automotive, pharmaceuticals, agriculture, and others. Packaging accounted for the largest share of the global EVA market in 2017. The growing packaging industry on account of increasing demand in numerous applications such as medical and food products is propelling the market growth. Renewable energy is likely to be the fastest growing segment on account of increase in number of solar power plants especially in the developing nations.



Browse Complete Report @

https://www.marketresearchfuture.com/reports/ethylene-vinyl-acetate-market-7281

 

Regional Analysis

Based on region, the EVA market has been classified into North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa.

Asia-Pacific accounted for the largest share of the EVA market on account of the growing end-use industries in the region, especially the packaging, renewable energy, construction, and footwear. An expanding population base and rising disposable income of consumers are the other factors driving market growth.

North America & Europe are prominent markets for EVA due to the increasing demand for adhesives and sealants in automobile industry.

The markets in Latin America and the Middle East & Africa are likely to register moderate growth during the review period as a result of the growing end-use industries coupled with expanding populace and rising per capita disposable income of the consumers.

Competitive Analysis

Some of the key players in the global EVA market are Exxon Mobil Corporation (US), DowDuPont (US), USI Corporation (Taiwan), Celanese Corporation (US), Innospec (US), Arkema SA (France), BASF SE (Germany), LyondellBasell Industries Holdings B.V. (The Netherlands), Infineum International Limited (UK), Porex Corporation (US), United Plastic Components Inc. (Canada), and Clariant AG (Switzerland).

 

Request For Sample Report Copy Here @

https://www.marketresearchfuture.com/sample_request/7281

 

About Market Research Future:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), & Consulting Services.

MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.

In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members.

 

Contact:

Market Research Future

Phone: +16468459312

Email: sales@marketresearchfuture.com

 

Read More Related Article:

https://www.marketresearchfuture.com/reports/methyl-cellulose-market-4541

 

https://www.marketresearchfuture.com/reports/medical-device-coatings-market-2120

 

https://www.marketresearchfuture.com/reports/smart-polymers-market-4719

 

https://www.marketresearchfuture.com/reports/architectural-coatings-market-4753

Comments

Post a Comment

Popular posts from this blog

Middle East and North Africa Metallic Stearates Market, Growth, Size, Region & Country, Revenue, Analysis & Forecast Till 2032

  Metallic stearates, widely used in various industries, are compounds derived from stearic acid and metal salts. These versatile substances find their applications in numerous sectors, including plastics, rubber, cosmetics, pharmaceuticals, and paints. With their exceptional lubricating, stabilizing, and anti-blocking properties, metallic stearates have witnessed a significant surge in demand, fueling the growth of the   Middle East and North Africa   metallic stearates market. The continuous development in the industry and the increasing investment in the industry, where the market value is expected to reach over USD 5.4 billion by the year 2030 with a CAGR of 5.4% during the forecast period. Expanding Applications : The  Middle East and North Africa metallic stearates market  has experienced remarkable growth due to the expanding applications across several industries. In the plastics industry, metallic stearates act as lubricants, preventing the me...
Read more

Middle East and North Africa Purging Compound Market, Growth, Size, Region & Country, Revenue, Analysis & Forecast Till 2032

  The  Middle East and North Africa purging compound market  has witnessed significant growth in recent years, owing to its crucial role in optimizing the efficiency and cleanliness of polymer processing equipment. This article delves into the key factors driving the market's expansion and highlights the benefits of using purging compounds in various industrial applications. Enhancing Operational Efficiency : Purging compounds play a pivotal role in ensuring the smooth operation of polymer processing equipment, such as extruders, Molded Pulp Packaging , and blow molding machines. By effectively removing color, contaminants, and residues from the machinery, purging compounds enable quick transitions between different materials, reducing downtime and improving productivity. Manufacturers can minimize material waste and achieve cost savings by utilizing purging compounds during color changes, material switches, and machine shutdowns. Efficient Cleaning Mechani...
Read more

Middle East and North Africa Polyurethane Dispersion Market, Growth, Size, Region & Country, Revenue, Analysis & Forecast Till 2032

  Polyurethane dispersion (PUD) has emerged as a versatile and environmentally friendly alternative to traditional solvent-based coatings and adhesives. With its unique properties and applications across various industries, polyurethane dispersion has gained significant traction in recent years. This article explores the growing popularity of  Middle East and North Africa polyurethane dispersion market , its advantages, applications, and the future prospects of this remarkable material. polyurethane dispersion market Size was valued at USD 2.2 billion in 2021. The polyurethane dispersion market industry is projected to grow from USD 2.3 Billion in 2022 to USD 3.8 billion by 2030, exhibiting a compound annual growth rate (CAGR) of 7.25% during the forecast period (2022 - 2030).  The Advantages of Polyurethane Dispersion: Environmental Friendliness: One of the primary advantages of polyurethane dispersion is its eco-friendly nature. Unlike solvent-based coatings, PUDs ...
Read more