Global Ethylene Vinyl Acetate Copolymer Market, By Grade Type (Low Density, Medium Density, and High Density), Product Type (Vinyl Acetate Modified Polyethylene, Thermoplastic Ethylene- Vinyl Acetate and Ethylene Vinyl Acetate Rubber), Application (Thermo Adhesive Films, Asphalt Modification, Foam, Hot Melt Adhesives, Photovoltaic Cells and Others), End User Industry (Automotive, Packaging, Medical and Healthcare, Consumer Goods and Others), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2028.
Market Analysis and Insights: Global Ethylene Vinyl Acetate Copolymer Market
Data Bridge Market Research analyses that the ethylene vinyl acetate copolymer market will witness a CAGR of 4.1% for the forecast period of 2021-2028. Growth in the demand for ethylene vinyl acetate copolymer especially in the developing economies like India and China, growing use of ethylene vinyl acetate copolymer for a wide range of end user applications such as automotive, packaging, medical and healthcare, consumer goods and others, rising awareness about waste packaging and recycling and surge in industrialization especially in the developing countries are the major factors attributable to the growth of the ethylene vinyl acetate copolymer market. Therefore, the ethylene vinyl acetate copolymer market value, which was USD 8100 million in 2019, would rocket up to USD 11628.97 million by 2028.
Ethylene vinyl acetate copolymers can be described as resins that are manufactured using vinyl acetate monomer and ethylene. Ethylene vinyl acetate copolymer is an elastomeric polymer that exhibits high coefficient of friction, low seal initiation temperatures, toughness, crack resistance and superior impact resistance properties.
Rising application by the healthcare industry is the root cause fuelling up the market growth rate. Rising demand for multipurpose solutions for adhesives, sealants, and coatings and growth and expansion of various end user verticals especially in the developing economies will also directly and positively impact the growth rate of the market. Rise in the production of automobiles and increased application in automotive components such as automobile bumpers and moulded automotive parts will further carve the way for the growth of the market.
However, insufficiency in raw material supply owing to the lockdown and fluctuations in their prices will pose a major challenge to the growth of the market. Increasing threat of substitutes will dampen the market growth rate. Stringent safety regulations imposed by the government will also impede the market growth rate.
This ethylene vinyl acetate copolymer market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographical expansions, technological innovations in the market. To gain more info on ethylene vinyl acetate copolymer market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Ethylene Vinyl Acetate Copolymer Market Scope and Market Size
The ethylene vinyl acetate copolymer market is segmented on the basis of grade type, product type, application and end user industry. The growth amongst the different segments helps you in attaining the knowledge related to the different growth factors expected to be prevalent throughout the market and formulate different strategies to help identify core application areas and the difference in your target market.
- On the basis of grade type, the ethylene vinyl acetate copolymer market is segmented into low density, medium density and high density.
- On the basis of product type, the ethylene vinyl acetate copolymer market is segmented into vinyl acetate modified polyethylene, thermoplastic ethylene- vinyl acetate and ethylene vinyl acetate rubber.
- On the basis of application, the ethylene vinyl acetate copolymer market is segmented into thermo adhesive films, asphalt modification, foam, hot melt adhesives, photovoltaic cells and others.
- On the basis of end user industry, the ethylene vinyl acetate copolymer market is segmented into automotive, packaging, medical and healthcare, consumer goods and others.
Ethylene Vinyl Acetate Copolymer Market Country Level Analysis
The ethylene vinyl acetate copolymer market is analysed and market size, volume information is provided by country, grade type, product type, application and end user industry as referenced above.
The countries covered in the ethylene vinyl acetate copolymer market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
Asia-Pacific dominates the ethylene vinyl acetate copolymer market in terms of market revenue and market share and will continue to during the forecast period owing to the growth and expansion of various end user verticals, rise of customized packaging in the food segment, high economic growth abundant availability of raw materials, rising industrialization and the increasing disposable income.
The country section of the ethylene vinyl acetate copolymer market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Ethylene Vinyl Acetate Copolymer Market Share Analysis
The ethylene vinyl acetate copolymer market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to ethylene vinyl acetate copolymer market.
The major players covered in the ethylene vinyl acetate copolymer market report are BASF SE, Celanese Corporation, Dow, Exxon Mobil Corporation, N SHASHIKANT & CO., Benson Polymers Limited, Dycon Chemicals, Triveni chemicals, AVH Polychem Private Limited., Sushila Parmar International Pvt. Ltd, Amatya Impex Private Limited., Jai Chemicals., Trinity Pigment Industries, Khushi Enterprises LANXESS, LyondellBasell Industries Holdings B.V, Sipchem and USI Corporation among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
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