Ethylene Vinyl Acetate Market Will Reflect Significant Growth Prospects of USD 13.29 Billion during 2020-2027 | Exxon Mobil Corporation, BASF SE, E.I. Du Pont De Nemours & Co., etc.
Research Reports
Jan 22, 2021
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Ethylene Vinyl Acetate offers attractive properties, including good flex-crack, heat-sealing, hot-tack, puncture resistance, excellent adhesion for many nonporous and porous substrates, and others. The chemicals is extensively used in extrusion film processes for applications, such as photovoltaic cell encapsulation, surface protection, greenhouse covers, packaging, and others. The global ethylene vinyl acetate market size expected to register a CAGR of 4.7%, accounting for USD 13.29 Billion in terms of revenue by 2027.
Key participants include Exxon Mobil Corporation, BASF SE, E.I. Du Pont De Nemours & Co., Celanese Corporation, Clariant AG, Sipchem, Arkema S.A., Innospec Inc., Lyondellbasell Industries NV, and Hanwha Chemical, among others.
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Market Drivers
The advancement in the technologies is estimated to increase the expansion of solar cell market, which may further enhance application scope for ethylene vinyl acetate. The industry is expected to witness high growth rates because of the increasing interests in the consumption of renewable energy. The product demand is also driven by beneficial properties such as low temperature seal ability and good durability. The demand for ethylene vinyl acetate as a sealants in cable insulation, wires in electronics, in hot melt adhesives, glue sticks and soccer cleats, will boost industry growth through 2027.
For the purpose of this report, Reports and Data have segmented into the global Ethylene Vinyl Acetate market on the basis of type, application, end-user, and region:
Type Outlook (Revenue, USD Billion; Volume, Kilo Tons; 2016-2027)
• Very Low-Density Ethylene Vinyl Acetate
• Low-Density Ethylene Vinyl Acetate
• Medium Density Ethylene Vinyl Acetate
• High-Density Ethylene Vinyl Acetate
Application Outlook (Revenue, USD Billion; Volume, Kilo Tons; 2016-2027)
• Foam
• Extrusion Coating
• Film
• Compounding and Wire & Cable
• Solar cell encapsulation
• Hot melt adhesives
End-User Outlook (Revenue, USD Billion; Volume, Kilo Tons; 2016-2027)
• Automotive
• Paints, Coatings, and Adhesives
• Packaging and Paper
• Pharmaceutical
• Photovoltaic Panels
• Footwear
• Electronic and Electrical
Regional Outlook (Revenue, USD Billion; Volume, Kilo Tons; 2016-2027)
• North America
• Europe
• Asia Pacific
• MEA
• Latin America
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Regional Analysis
The global ethylene vinyl acetate market size is bifurcated among Latin America, Asia Pacific, Europe, North America, and Middle East & Africa. The highest growth is witnessed in the North American region due to the increasing demand product from end use industries, including electronics, packaging and automotive. The Europe ethylene vinyl acetate market growth is driven by extensive product utilization for wire and cable, injection moulding, non-extrusion, and coatings.
Global Ethylene Vinyl Acetate Market Report – TOC:
Chapter 1. Market Synopsis
1.1. Market Definition
1.2. Research Scope & Premise
1.3. Methodology
1.4. Market Estimation Technique
Chapter 2. Executive Summary
2.1. Summary Snapshot, 2018-2027
Chapter 3. Indicative Metrics
Chapter 4. Ethylene Vinyl Acetate Market Segmentation & Impact Analysis
4.1. Ethylene Vinyl Acetate Market Material Segmentation Analysis
4.2. Industrial Outlook
4.2.1. Market indicators analysis
4.2.2. Market drivers analysis
4.2.2.1. Development in packaging industry
4.2.2.2. Surge in demand from footwear and foam sector
4.2.3. Market restraints analysis
4.2.3.1. Increase in threat from substitutes
4.3. Technological Insights
4.4. Regulatory Framework
4.5. ETOP Analysis
4.6. Porter’s Five Forces Analysis
4.7. Competitive Metric Space Analysis
4.8. Price trend Analysis
Continued…
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