Ethylene Vinyl Acetate Market: By Type, By Application, By End User, and Geography    

Ethylene Vinyl Acetate Market Size, Share, Growth, Trends, and Global Industry Analysis: By Type (VLEVA, LEVA, MEVA, HEVA), By Application (Injection Molding, Film, Extrusion Coating Other Extrusions And Other Non-Extrusions, Compounding And Wire & Cables, Others), By End User (Footwear & Foams, Packaging, Agriculture, Pharmaceutical, Photovoltaic Panels, Others), and Region    

Ethylene Vinyl Acetate Market size was valued at US$ 11,253.5 million in 2023 and is expected to grow at a CAGR of 7.9% from 2024 to 2030. Ethylene-vinyl acetate (EVA) resins are referred to as manufacturers using vinyl acetate and ethylene. They are utilized in the production of foam, wire & cable, packaging film, hot melt adhesives, and solar cell encapsulation and consist of 18.40% vinyl acetate. EVA resins are widely used in the paper packaging industries, owing to their properties such as low sealing temperature and improved flexibility. The global market provides a detailed overview of the market and can be segmented by type, by application, and by End-user. By type, the Ethylene Vinyl Acetate market growth has been segmented into VLEVA, LEVA, MEVA, and HEVA.

The LEVA segment is likely to be the significant growing segment in terms of type. Based on application, the Ethylene Vinyl Acetate market is segmented into Injection Molding, Film, Extrusion Coating, Other Extrusions and Other Non-Extrusions, Compounding wire and & Cables, and Others. Among these, the Injection Molding application segment is expected to have a significantly growing market during the forecast period 2022-2028. Based on the End user, the Ethylene Vinyl Acetate market is segmented into Footwear and foams, Packaging, Agriculture, pharmaceuticals, Photovoltaic Panels, and Others. The Photovoltaic Panels segment is expected to have a significant share in 2021. The rise of this segment is mainly because of the growing need for clean energy in both private and public infrastructures. The generation of energy from photovoltaic cells is anticipated to increase during the forecasting years. These factors are likely to boost product demand in the photovoltaic cell market over the forecast period. By region, the Asia Pacific market is expected to witness the highest market share during the forecast period.

Ethylene Vinyl Acetate Market Key Development:
  • In August 2021, Braskem S.A. launched HD1954M, which is a novel HDPE resin
  • In February 2021, Braskem S.A. launched a new line of ethylene vinyl acetate clogs of Dansko Kane.

Ethylene Vinyl Acetate Market Summary

Study Period

2024-2030

Base Year

2023

CAGR

7.9%

Largest Market

Asia Pacific

Fastest Growing Market

North-America

Ethylene Vinyl Acetate Market Dynamics

The rising demand for EVA in the medical and food packaging industry, owing to its non-toxic nature, and the growth of solar photovoltaics around the world are burgeoning the market growth over the forecast years.

Ethylene Vinyl Acetate Market Segmentation Analysis

Report Benchmarks

Details

Report Study Period

2024-2030

Market Size in 2023

US$ 11,253.5 million

Market CAGR

7.9%

By Type

  • VLEVA
  • LEVA
  • MEVA
  • HEVA

By Application

  • Injection molding
  • Film
  • Extrusion coating other extrusions and other non-extrusions
  • Compounding and wire & cables
  • Others

By End User

  • Footwear & foams
  • Packaging
  • Agriculture
  • Pharmaceutical
  • Photovoltaic panels
  • Others

Key Features of the Report

  • The report provides granular level information about the market size, regional market share, historic market (2019-2023), and forecast (2024-2030)
  • The report covers in-detail insights about the competitor’s overview, company share analysis, key market developments, and key strategies
  • The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
  • The report tracks recent innovations, key developments, and start-up details that are actively working in the market
  • The report provides a plethora of information about market entry strategies, regulatory framework, and reimbursement scenario
  • The report analyses the impact of the socio-political environment through PESTLE Analysis and competition through Porter's Five Force Analysis in addition to recent technology advancements and innovations in the market

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Frequently Asked Questions

The ethylene vinyl acetate market size was valued at US$ 11,253.5 million in 2023

The ethylene vinyl acetate market key players are: Arlanxeo Braskem Clariant AG Dow Kemipex Repsol Sipchem SK Global Innospec Inc. Tosoh Corporation Celanese Corporation Asia Polymer Corporation Benson Polymers Limited ExxonMobil Corporation Sumitomo Chemical Co. Ltd LyondellBasell Industries Holdings BV Hanwha Solutions/Chemical Corporation

The ethylene vinyl acetate market has been classified into North America, Asia Pacific, Europe, Latin America, Middle East and Africa, and the rest of MEA.

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Author

Prem Kumar

Prem Kumar with profound experience and sound knowledge across a wide range of market forecasting methods, demand f.....

1. Executive Summary
2. Global Ethylene Vinyl Acetate Market Introduction 
2.1.Global Ethylene Vinyl Acetate Market  - Taxonomy
2.2.Global Ethylene Vinyl Acetate Market  - Definitions
2.2.1.Type
2.2.2.Application
2.2.3.End Users
2.2.4.Region
3. Global Ethylene Vinyl Acetate Market Dynamics
3.1. Drivers
3.2. Restraints
3.3. Opportunities/Unmet Needs of the Market
3.4. Trends
3.5. Product Landscape
3.6. New Product Launches
3.7. Impact of COVID 19 on Market
4. Global Ethylene Vinyl Acetate Market Analysis, 2019 - 2023 and Forecast 2024 - 2030
4.1.  Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
4.2.  Year-Over-Year (Y-o-Y) Growth Analysis (%) 
4.3.  Market Opportunity Analysis 
5. Global Ethylene Vinyl Acetate Market  By Type, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
5.1. VLEVA
5.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
5.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.1.3. Market Opportunity Analysis 
5.2. LEVA
5.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
5.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.2.3. Market Opportunity Analysis 
5.3. MEVA
5.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
5.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.3.3. Market Opportunity Analysis 
5.4. HEVA
5.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
5.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.4.3. Market Opportunity Analysis 
6. Global Ethylene Vinyl Acetate Market  By Application, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
6.1. Injection molding
6.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
6.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.1.3. Market Opportunity Analysis 
6.2. Film
6.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
6.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.2.3. Market Opportunity Analysis 
6.3. Extrusion coating other extrusions and other non-extrusions
6.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
6.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.3.3. Market Opportunity Analysis 
6.4. Compounding and wire & cables
6.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
6.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.4.3. Market Opportunity Analysis 
6.5. Others
6.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
6.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.5.3. Market Opportunity Analysis 
7. Global Ethylene Vinyl Acetate Market  By End Users, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
7.1. Footwear & foams
7.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
7.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.1.3. Market Opportunity Analysis 
7.2. Packaging
7.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
7.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.2.3. Market Opportunity Analysis 
7.3. Agriculture
7.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
7.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.3.3. Market Opportunity Analysis 
7.4. Pharmaceutical
7.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
7.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.4.3. Market Opportunity Analysis 
7.5. Photovoltaic panels
7.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
7.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.5.3. Market Opportunity Analysis 
7.6. Others
7.6.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
7.6.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.6.3. Market Opportunity Analysis 
8. Global Ethylene Vinyl Acetate Market  By Region, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
8.1. North America
8.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
8.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
8.1.3. Market Opportunity Analysis 
8.2. Europe
8.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
8.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
8.2.3. Market Opportunity Analysis 
8.3. Asia Pacific (APAC)
8.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
8.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
8.3.3. Market Opportunity Analysis 
8.4. Middle East and Africa (MEA)
8.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
8.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
8.4.3. Market Opportunity Analysis 
8.5. Latin America
8.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
8.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
8.5.3. Market Opportunity Analysis 
9. North America Ethylene Vinyl Acetate Market,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
9.1. Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
9.1.1.VLEVA
9.1.2.LEVA
9.1.3.MEVA
9.1.4.HEVA
9.2.  Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
9.2.1.Injection molding
9.2.2.Film
9.2.3.Extrusion coating other extrusions and other non-extrusions
9.2.4.Compounding and wire & cables
9.2.5.Others
9.3.  End Users Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
9.3.1.Footwear & foams
9.3.2.Packaging
9.3.3.Agriculture
9.3.4.Pharmaceutical
9.3.5.Photovoltaic panels
9.3.6.Others
9.4.  Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
9.4.1.United States of America (USA)
9.4.2.Canada
10.Europe Ethylene Vinyl Acetate Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
10.1. Type Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.1.1.VLEVA
10.1.2.LEVA
10.1.3.MEVA
10.1.4.HEVA
10.2.  Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.2.1.Injection molding
10.2.2.Film
10.2.3.Extrusion coating other extrusions and other non-extrusions
10.2.4.Compounding and wire & cables
10.2.5.Others
10.3.  End Users Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.3.1.Footwear & foams
10.3.2.Packaging
10.3.3.Agriculture
10.3.4.Pharmaceutical
10.3.5.Photovoltaic panels
10.3.6.Others
10.4.  Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.4.1.Germany
10.4.2.France
10.4.3.Italy
10.4.4.United Kingdom (UK)
10.4.5.Spain
10.4.6.Rest of EU
11. Asia Pacific (APAC) Ethylene Vinyl Acetate Market,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
11.1. Type Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.1.1.VLEVA
11.1.2.LEVA
11.1.3.MEVA
11.1.4.HEVA
11.2.  Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.2.1.Injection molding
11.2.2.Film
11.2.3.Extrusion coating other extrusions and other non-extrusions
11.2.4.Compounding and wire & cables
11.2.5.Others
11.3.  End Users Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.3.1.Footwear & foams
11.3.2.Packaging
11.3.3.Agriculture
11.3.4.Pharmaceutical
11.3.5.Photovoltaic panels
11.3.6.Others
11.4.  Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.4.1.China
11.4.2.India
11.4.3.Australia and New Zealand (ANZ)
11.4.4.Japan
11.4.5.Rest of APAC
12. Middle East and Africa (MEA) Ethylene Vinyl Acetate Market,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
12.1. Type Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.1.1.VLEVA
12.1.2.LEVA
12.1.3.MEVA
12.1.4.HEVA
12.2.  Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.2.1.Injection molding
12.2.2.Film
12.2.3.Extrusion coating other extrusions and other non-extrusions
12.2.4.Compounding and wire & cables
12.2.5.Others
12.3.  End Users Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.3.1.Footwear & foams
12.3.2.Packaging
12.3.3.Agriculture
12.3.4.Pharmaceutical
12.3.5.Photovoltaic panels
12.3.6.Others
12.4.  Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.4.1.GCC Countries
12.4.2.South Africa
12.4.3.Rest of MEA
13. Latin America Ethylene Vinyl Acetate Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
13.1. Type Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
13.1.1.VLEVA
13.1.2.LEVA
13.1.3.MEVA
13.1.4.HEVA
13.2.  Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
13.2.1.Injection molding
13.2.2.Film
13.2.3.Extrusion coating other extrusions and other non-extrusions
13.2.4.Compounding and wire & cables
13.2.5.Others
13.3.  End Users Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
13.3.1.Footwear & foams
13.3.2.Packaging
13.3.3.Agriculture
13.3.4.Pharmaceutical
13.3.5.Photovoltaic panels
13.3.6.Others
13.4.  Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
13.4.1.Brazil
13.4.2.Mexico
13.4.3.Rest of LA
14. Competition Landscape
14.1.  Market Player Profiles (Introduction, Brand/Product Sales, Financial Analysis, Product Offerings, Key Developments, Collaborations, M & A, Strategies, and SWOT Analysis) 
14.2.1.Arlanxeo
14.2.2.Braskem
14.2.3.Clariant AG
14.2.4.Dow
14.2.5.Kemipex
14.2.6.Repsol
14.2.7.Sipchem
14.2.8.SK Global
14.2.9.Innospec Inc.
14.2.10.Tosoh Corporation
14.2.11.Celanese Corporation
14.2.12.Asia Polymer Corporation
14.2.13.Benson Polymers Limited
14.2.14.ExxonMobil Corporation
14.2.15.Sumitomo Chemical Co. Ltd
14.2.16.LyondellBasell Industries Holdings BV
14.2.17.Hanwha Solutions/Chemical Corporation
15. Research Methodology 
16. Appendix and Abbreviations 

Key Market Players

  • Arlanxeo
  • Braskem
  • Clariant AG
  • Dow
  • Kemipex
  • Repsol
  • Sipchem
  • SK Global
  • Innospec Inc.
  • Tosoh Corporation
  • Celanese Corporation
  • Asia Polymer Corporation
  • Benson Polymers Limited
  • ExxonMobil Corporation
  • Sumitomo Chemical Co. Ltd
  • LyondellBasell Industries Holdings BV
  • Hanwha Solutions/Chemical Corporation

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