New York, According to a new market research report published by Global Insight Services “Ethylene Vinyl Acetate Market” is expected to reach US$ XX bn by 2031. Report includes in-depth segmentation and market size data by categories, product types, applications, and geographies. Report also includes comprehensive analysis of key issues, trends and drivers, restraints and challenges, competitive landscape, as well as recent events such as M&A activities in the market.
Ethylene vinyl acetate (EVA) is a polymer that is used in a variety of applications. It is a copolymer of ethylene and vinyl acetate, and it has properties that are similar to both polyethylene and vinyl. EVA is a soft, flexible, and lightweight material that is often used in products that require those properties. It is also an inexpensive polymer, which makes it a popular choice for many applications.
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Key Trends
One of the key trends in EVA technology is the development of copolymers that contain vinyl acetate units with different molecular weights. This allows for the tailorability of the copolymer’s properties to meet the specific needs of the application.
Another trend is the use of alternative comonomers such as vinyl propionate or vinyl chloride in the production of EVA copolymers. This can improve the copolymer’s properties such as heat resistance and toughness.
Finally, there has been a move towards the use of green chemistry principles in the production of EVA copolymers. This includes the use of renewable feedstocks, more efficient production processes, and the development of biodegradable EVA copolymers.
Key Drivers
The main drivers of the EVA market are the growing demand for packaging and the increasing use of EVA in the automotive industry.
The packaging industry is the largest end-user of EVA, accounting for more than 50% of the total demand.
The growing demand for flexible packaging, such as stand-up pouches and laminates, is driving the EVA market.
Market Segment
The ethylene vinyl acetate market is segmented by type, application, end-use, and region. By type, the market is classified into very low density, low density, medium density, and high density. On the basis of application, it is bifurcated into film, injection molding, and others. Based on end-use, it is divided into packaging, agriculture, pharmaceuticals, and others. Region-wise, the market is segmented into North America, Europe, Asia Pacific, and Rest of the World.
Key Players
The global ethylene vinyl acetate market includes players such as Sahara International Petrochemical Company, The Dow Chemical Company, Exxon Mobil Corporation, Formosa Plastic Corporation, Hanwha Total Petrochemical Co. Ltd, Celanese Corporation, Lyondellbasell Industries N.V., Braskem S.A., Arlanxeo Holding B.V., Asia Polymer Corporation, and others.
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Reasons to buy Ethylene Vinyl Acetate Market Report:
• Develop comprehensive understanding of market landscape – industry structure, value-chain, key players, trends, drivers, and challenges
• Drive revenue and market-entry strategy by gaining insights into which segments and geographies are largest and likely to grow fastest
• Formulate sales and marketing strategies by gaining understanding of competitors, their positioning, and strengths & weaknesses
• Develop business and M&A strategies through understanding of latest trends and emerging players in the market
• Refine your business plans by understanding impact of disruptions such as Covid-19 and Russia-Ukraine conflict on the market
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