Ethylene Vinyl Acetate Market, By Type, By Application, By End-use Industry, By Geography

Description

The global ethylene vinyl acetate market is estimated to be valued at USD 8.79 Bn in 2024 and is expected to reach USD 11.64 Bn by 2031, growing at a compound annual growth rate (CAGR) of 4.1% from 2024 to 2031.

Report Coverage		Report Details
Base Year:	2023	Market Size in 2024:	US$ 8.79 Bn
Historical Data for:	2019 To 2023	Forecast Period:	2024 To 2031
Forecast Period 2024 to 2031 CAGR:	4.10%	2031 Value Projection:	US$ 11.64 Bn

Figure. Ethylene Vinyl Acetate Market Share (%), By Region, 2024

Ethylene vinyl acetate (EVA) is a copolymer of ethylene and vinyl acetate which possesses excellent adhesion, flexibility, and transparency properties. It is produced through a high-pressure polymerization process of ethylene and vinyl acetate. EVA finds wide application in several end-use industries such as photovoltaic modules, footwear, wires & cables, and packaging among others. The global ethylene vinyl acetate market has been growing significantly over the past few years owing to the rising demand for packaged food & beverage products along with expansion of photovoltaic installations worldwide. Furthermore, increasing building & construction activities along with growing electronic goods consumption are some of the key factors that are expected to propel the market growth during the forecast period.

Market Dynamics:

The global ethylene vinyl acetate market has been witnessing noteworthy growth owing to the growing demand from varied end-use industries. Rising infrastructure developments in emerging nations along with increasing food & packaging consumption are fueling the market growth. Furthermore, expanding solar PV installations for electricity generation is positively influencing the demand for EVA encapsulants in solar modules. However, volatility in raw material prices due to supply chain disruptions is a major challenge hindering the market growth. On the other hand, technological advancements in EVA production coupled with growing research & development activities for new applications are likely to present lucrative opportunities for market players in the coming years.

Key Features of the Study:

This report provides an in-depth analysis of the global ethylene vinyl acetate market, and provides market size (US$ Bn) and compound annual growth rate (CAGR%) for the forecast period (2024-2031), considering 2023 as the base year
It elucidates potential revenue growth opportunities across different segments and explains attractive investment proposition matrices for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
It profiles key players in the global ethylene vinyl acetate market based on the following parameters - company highlights, products portfolio, key highlights, financial performance, and strategies
Key companies covered as a part of this study include Exxon Mobil Corporation, Dow Inc., LyondellBasell Industries N.V., Celanese Corporation, E.I. du Pont de Nemours and Company, Hanwha Chemical Corporation, Braskem S.A. , LG Chem Ltd., Arkema S.A. , Saudi Basic Industries Corporation, BASF SE , Formosa Plastics Corporation , TotalEnergies SE , Eastman Chemical Company, Westlake Chemical Corporation, Tosoh Corporation , China Petrochemical Corporation, Borealis AG (Austria), China National Petroleum Corporation, and INEOS Group AG
Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
The global ethylene vinyl acetate market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global ethylene vinyl acetate market

Detailed Segmentation-

By Type:
- Vinyl Acetate Modified Polyethylene
- Thermoplastic Ethylene-Vinyl Acetate
- Ethylene Vinyl Acetate Rubber
By Application:
- Film
- Foam
- Hot Melt Adhesives
- Photovoltaic Cells
By End-use Industry:
- Automotive
- Packaging
- Medical & healthcare
- Consumer Goods
By Region:
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa
Company Profiles:
- Exxon Mobil Corporation
- Dow Inc.
- LyondellBasell Industries N.V.
- Celanese Corporation
- E.I. du Pont de Nemours and Company
- Hanwha Chemical Corporation
- Braskem S.A.
- LG Chem Ltd.
- Arkema S.A.
- Saudi Basic Industries Corporation
- BASF SE
- Formosa Plastics Corporation
- TotalEnergies SE
- Eastman Chemical Company
- Westlake Chemical Corporation
- Tosoh Corporation
- China Petrochemical Corporation
- Borealis AG (Austria)
- China National Petroleum Corporation
- INEOS Group AG

Product Code: CMI5278

1. Research Objectives and Assumptions

Research Objectives
Assumptions
Abbreviations

2. Market Purview

Report Description
- Market Definition and Scope
Executive Summary
- Market Snippet, By Type
- Market Snippet, By Application
- Market Snippet, By End-use Industry
- Market Snippet, By Region
Coherent Opportunity Map (COM)

3. Market Dynamics, Regulations, and Trends Analysis

Market Dynamics
- Drivers
- Restraints
- PEST Analysis
- PORTER's Five Forces Analysis
- Market Opportunities
- Regulatory Scenario
- Key Developments
- Industry Trend

4. Global Ethylene Vinyl Acetate Market - Impact of Coronavirus (COVID-19) Pandemic

Overview
Factors Affecting the Global Ethylene Vinyl Acetate Market - COVID-19
Impact Analysis

5. Global Ethylene Vinyl Acetate Market, By Type, 2019-2031 (US$ BN & KT)

Introduction
- Market Share Analysis, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, 2019 - 2031
- Segment Trends
Vinyl Acetate Modified Polyethylene
- Market Share Analysis, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, 2019 - 2031
- Segment Trends
Thermoplastic Ethylene-Vinyl Acetate
- Market Share Analysis, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, 2019 - 2031
- Segment Trends
Ethylene Vinyl Acetate Rubber
- Market Share Analysis, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, 2019 - 2031
- Segment Trends

6. Global Ethylene Vinyl Acetate Market, By Application, 2019-2031 (US$ BN & KT)

Introduction
- Market Share Analysis, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, 2019 - 2031
- Segment Trends
Film
- Market Share Analysis, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, 2019 - 2031
- Segment Trends
Foam
- Market Share Analysis, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, 2019 - 2031
- Segment Trends
Hot Melt Adhesives
- Market Share Analysis, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, 2019 - 2031
- Segment Trends
Photovoltaic Cells
- Market Share Analysis, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, 2019 - 2031
- Segment Trends
Others
- Market Share Analysis, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, 2019 - 2031
- Segment Trends

7. Global Ethylene Vinyl Acetate Market, By End-use Industry, 2019-2031 (US$ BN & KT)

Introduction
- Market Share Analysis, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, 2019 - 2031
- Segment Trends
Automotive
- Market Share Analysis, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, 2019 - 2031
- Segment Trends
Packaging
- Market Share Analysis, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, 2019 - 2031
- Segment Trends
Medical & healthcare
- Market Share Analysis, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, 2019 - 2031
- Segment Trends
Consumer Goods
- Market Share Analysis, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, 2019 - 2031
- Segment Trends
Others
- Market Share Analysis, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, 2019 - 2031
- Segment Trends

8. Global Ethylene Vinyl Acetate Market, By Region, 2019-2031 (US$ BN & KT)

Introduction
- Market Share Analysis, By Region, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, For Region, 2019 - 2031
North America
- Market Share Analysis, By Country, 2024, 2027 and 2031 (%)
- Y-o-Y Growth Analysis, For Region, 2019 - 2031
- Market Size and Forecast, By Type, 2019- 2031 (US$ BN & KT)
- Market Size and Forecast, By Application, 2019- 2031 (US$ BN & KT)
- Market Size and Forecast, By End-use Industry, 2019- 2031 (US$ BN & KT)
- Countries
  - U.S.
  - Canada
  - Latin America
- Market Share Analysis, By Country, 2024, 2027 and 2031 (%)
- Y-o-Y Growth Analysis, For Region, 2019 - 2031
- Market Size and Forecast, By Type, 2019- 2031 (US$ BN & KT)
- Market Size and Forecast, By Application, 2019- 2031 (US$ BN & KT)
- Market Size and Forecast, By End-use Industry, 2019- 2031 (US$ BN & KT)
- Countries
  - Brazil
  - Argentina
  - Mexico
  - Rest of Latin America
  - Europe
- Market Share Analysis, By Country, 2024, 2027 and 2031 (%)
- Y-o-Y Growth Analysis, For Region, 2019 - 2031
- Market Size and Forecast, By Type, 2019- 2031 (US$ BN & KT)
- Market Size and Forecast, By Application, 2019- 2031 (US$ BN & KT)
- Market Size and Forecast, By End-use Industry, 2019- 2031 (US$ BN & KT)
- Countries
  - U.K.
  - Germany
  - Italy
  - France
  - Spain
  - Russia
  - Rest of Europe
  - Asia Pacific
- Market Share Analysis, By Country, 2024, 2027 and 2031 (%)
- Y-o-Y Growth Analysis, For Region, 2019 - 2031
- Market Size and Forecast, By Type, 2019- 2031 (US$ BN & KT)
- Market Size and Forecast, By Application, 2019- 2031 (US$ BN & KT)
- Market Size and Forecast, By End-use Industry, 2019- 2031 (US$ BN & KT)
- Countries
  - China
  - India
  - Japan
  - ASEAN
  - Australia
  - South Korea
  - Rest of Asia Pacific
  - Middle East & Africa
- Market Share Analysis, By Country, 2024, 2027 and 2031 (%)
- Y-o-Y Growth Analysis, For Country, 2019 - 2031
- Market Size and Forecast, By Type, 2019- 2031 (US$ BN & KT)
- Market Size and Forecast, By Application, 2019- 2031 (US$ BN & KT)
- Market Size and Forecast, By End-use Industry, 2019- 2031 (US$ BN & KT)
- Sub-regions/Countries
  - GCC Countries
  - Israel
  - Rest of Middle East & Africa

9. Competitive Landscape

Heat Map Analysis
Market Share Analysis (3x3 Matrix)
Company Profiles
- Exxon Mobil Corporation
  - Company Overview
  - Type Portfolio
  - Recent Developments/Updates
- Dow Inc.
  - Company Overview
  - Type Portfolio
  - Recent Developments/Updates
- LyondellBasell Industries N.V.
- Celanese Corporation
- E.I. du Pont de Nemours and Company
- Hanwha Chemical Corporation
- Braskem S.A.
- LG Chem Ltd.
- Arkema S.A.
- Saudi Basic Industries Corporation
- BASF SE
- Formosa Plastics Corporation
- TotalEnergies SE
- Eastman Chemical Company
- Westlake Chemical Corporation
- Tosoh Corporation
- China Petrochemical Corporation
- Borealis AG (Austria)
- China National Petroleum Corporation
- INEOS Group AG

10. Analyst Recommendation

Wheel of Fortune
Analyst View
Coherent Opportunity Map

11. Section

References
Research Methodology
About Us and Sales Contact
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