Ethylene Vinyl Acetate Market to Hit USD 12.14 Bn by 2029: Competitive Landscape, Industry Analysis, New Opportunities, Dynamics and Regional Insights
Pune 11 April 2023: The “Ethylene Vinyl Acetate Market” was USD 7.81 Bn in 2022 and is expected to grow at a CAGR of 6.5 percent to reach USD 12.14 Bn by 2029 during the forecast period. The Ethylene Vinyl Acetate Market report is published by Maximize Market Research and is available in the market.
Ethylene Vinyl Acetate Market Scope and Research Methodology
The report is a thorough analysis of the Ethylene Vinyl Acetate market provided with key findings including Pricing, investments, expansion plans, and physical presence in the Ethylene Vinyl Acetate market. The bottom-up approach was used to understand the Ethylene Vinyl Acetate market size estimation and growth rates in the report. The report provides information on the drivers, restraints, opportunities, and challenges of the Ethylene Vinyl Acetate market. For better information on the competitive environment for the Ethylene Vinyl Acetate market financial standing, portfolio, technology adoption, merger and acquisition, joint ventures and strategic alliances are included in the report.
Regional analysis of the Ethylene Vinyl Acetate market conducted at a local, regional and global level. The report provides information on the emerging regions that are expected to be major markets for the Ethylene Vinyl Acetate market. The report includes primary and secondary collection techniques with qualitative and quantitative approaches for the analysis of the Ethylene Vinyl Acetate market. SWOT analysis is used to identify the threats and weaknesses of the market while PORTER is used to understand the competitive intensity of the industry in the Ethylene Vinyl Acetate Market.
Ethylene Vinyl Acetate Market Dynamics
Ethylene Vinyl Acetate is used in the solar molecules for the purpose of the encapsulating agent to provide low degradability sunlight and good radiation transmission. It is also used for the formation of sealing and insulating films around solar cells. As a result, the growth installation of solar PV helps to drive the growth of the Ethylene Vinyl Acetate Market.
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Ethylene Vinyl Acetate Market is driven by the increasing demand from the packaging industry, an increase in investment in solar energy generation set-up, a rise in research and development activities and growing use in several sectors such as footwear and foam. The increase in the emergence of bio-based ethylene acetate and growing applications in the agriculture sector are the expected lucrative opportunities for the growth of the market. The market is hampered by the growing threat posed by alternatives such as linear low-density polyethylene (LLDPE) resin and biodegradable plastic.
Ethylene Vinyl Acetate Market Regional Insights
During the forecast period, North America is expected to dominate the Ethylene Vinyl Acetate Market. The regional market is driven by the increase in the number of solar PV plants in the U. S. and the growth of the packaging industry in Canada.
Asia Pacific is expected to have significant growth for the Ethylene Vinyl Acetate Market, over the forecast period. The significant growth in the solar industry, the increase in the use of Ethylene Vinyl Acetate in footwear, hockey pads and sports goods, the rise in the consumption of resins for electrical and electronics sectors and increasing demand from India and China for applications in the adhesive and packaging industry are also influencing factors for the regional growth of the market.
Ethylene Vinyl Acetate Market Segmentation
By Type
- Low Density Ethylene Vinyl Acetate (LEVA)
- Medium Density Ethylene Vinyl Acetate (MEVA)
- High Density Ethylene Vinyl Acetate (HEVA)
By End-Use Industry
- Footwear & Foam
- Packaging
- Photovoltaic Panels
- Pharmaceutical
- Others
Ethylene Vinyl Acetate Market Key Players Include:
- BASF SE
- Exxon Mobil Corporation
- The Dow Chemical Company
- Formosa Plastic Corporation
- Celanese Corporation
- Hanwha Total Petrochemical Co. Ltd.
- LyondellBasell Industries N.V.
- ARLANXEO Holding B.V.
- Braskem S.A.
- Asia Polymer Corporation
- Arkema Group
- Clariant AG
- Hanwa Solution Chemical Division Corporation.
- Sumitomo Chemical
- Others
Table of Content for Global Ethylene Vinyl Acetate Market:
- Global Ethylene Vinyl Acetate Market: Research Methodology
- Global Ethylene Vinyl Acetate Market: Executive Summary
- Market Overview and Definitions
- Introduction to Global Market
- Summary
- Key Findings
- Recommendations for Investors
- Recommendations for Market Leaders
- Recommendations for New Market Entry
- Global Ethylene Vinyl Acetate Market: Competitive Analysis
- MMR Competition Matrix
- Market Structure by region
- Competitive Benchmarking of Key Players
- Consolidation in the Market
- M&A by region
- Key Developments by Companies
- Market Drivers
- Market Restraints
- Market Opportunities
- Market Challenges
- Market Dynamics
- PORTERS Five Forces Analysis
- PESTLE
- Regulatory Landscape by region
- North America
- Europe
- Asia Pacific
- Middle East and Africa
- South America
- COVID-19 Impact
- Global Ethylene Vinyl Acetate Market Segmentation
- Global Market, by Type (2021-2029)
- Global Market, by End-Use Industry (2021-2029)
- Regional Ethylene Vinyl Acetate Market (2022-2029)
- Regional Market, by Type (2021-2029)
- Regional Market, by End-Use Industry (2021-2029)
- Regional Market, by Country (2021-2029)
- Company Profile: Key players
- Company Overview
- Financial Overview
- Global Presence
- Capacity Portfolio
- Business Strategy
- Recent Developments
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Key Offerings:
- Past Market Size and Competitive Landscape (2018 to 2021)
- Past Pricing and price curve by region (2018 to 2021)
- Market Size, Share, Size & Forecast by different segment | 2022−2029
- Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by Region
- Market Segmentation – A detailed analysis of the Type, End-Use Industry and Region
- Competitive Landscape – Profiles of selected key players by region from a strategic perspective
- Competitive landscape – Market Leaders, Market Followers, Regional player
- Competitive benchmarking of key players by region
- PESTLE Analysis
- PORTER’s analysis
- Value chain and supply chain analysis
- Legal Aspects of Business by Region
Key questions answered in the Ethylene Vinyl Acetate Market are:
- What is Ethylene Vinyl Acetate?
- What was the Ethylene Vinyl Acetate market size in 2021?
- What is the growth rate of the Ethylene Vinyl Acetate Market?
- Which are the factors expected to drive the Ethylene Vinyl Acetate market growth?
- What are the different segments of the Ethylene Vinyl Acetate Market?
- What are the factors restraining the growth of the Ethylene Vinyl Acetate Market?
- What is the demand pattern of the Ethylene Vinyl Acetate Market?
- What major challenges could the Ethylene Vinyl Acetate Market face in the future?
- What segments are covered in the Ethylene Vinyl Acetate Market?
- Who are the key players in the Global Ethylene Vinyl Acetate market?
- What are the upcoming industry applications and trends for the Ethylene Vinyl Acetate Market?
Maximize Market Research is leading Material & Chemical and research firm, has also published the following reports:
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