- VLEVA
- LEVA
- MEVA
- HEVA
Ethylene Vinyl Acetate Market size was valued at USD 10,253.5 million in 2022 and is expected to grow at a CAGR of 6.9% from 2023 to 2029. 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
6.9%
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.
Asia Pacific got significant share
Ethylene Vinyl Acetate Market Regional Analysis
Asia-Pacific, is considered to be leading market for EVA and is likewise expected to record a stable growth, during the forecast period. Growing demand from various industries like pharmaceuticals, agriculture, footwear & foam, packaging, and other in this region is fueling the EVA market growth. Infrastructural development in addition to increasing demand for hot-melt adhesives, injection molded parts, extrusion coatings, films, and other is further expected to augment the EVA market growth in this region. Increasing manufacturing and industrial base provides a huge market opportunity for manufacturers in this region.
Latin America
Europe
Asia Pacific
Middle East
North America
Key Features of the Reports
- The ethylene vinyl acetate market report provides granular level information about the market size, regional market share, historic market (2018-2022) and forecast (2023-2029)
- The report covers in-detail insights about the competitors overview, company share analysis, key market developments, and their 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 startups details that are actively working in the market
- The report provides plethora of information about market entry strategies, regulatory framework and reimbursement scenario
- The report analyses the impact of socio-political environment through PESTLE Analysis and competition through Porters Five Force Analysis in addition to recent technology advancements and innovations in the market.
Ethylene Vinyl Acetate Market Segmentation
By Type
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
Frequently Asked Questions
The ethylene vinyl acetate market size was valued at USD 10,253.5 million in 2022
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.
| 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, 2018 - 2022 and Forecast 2023 - 2029 |
| 4.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (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, 2018 - 2022 and Forecast 2023 - 2029 (Sales Value USD Million) |
| 5.1. VLEVA |
| 5.1.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (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, 2018 - 2022 and Forecast, 2023 - 2029, (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, 2018 - 2022 and Forecast, 2023 - 2029, (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, 2018 - 2022 and Forecast, 2023 - 2029, (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, 2018 - 2022 and Forecast 2023 - 2029 (Sales Value USD Million) |
| 6.1. Injection molding |
| 6.1.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (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, 2018 - 2022 and Forecast, 2023 - 2029, (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, 2018 - 2022 and Forecast, 2023 - 2029, (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, 2018 - 2022 and Forecast, 2023 - 2029, (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, 2018 - 2022 and Forecast, 2023 - 2029, (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, 2018 - 2022 and Forecast 2023 - 2029 (Sales Value USD Million) |
| 7.1. Footwear & foams |
| 7.1.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (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, 2018 - 2022 and Forecast, 2023 - 2029, (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, 2018 - 2022 and Forecast, 2023 - 2029, (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, 2018 - 2022 and Forecast, 2023 - 2029, (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, 2018 - 2022 and Forecast, 2023 - 2029, (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, 2018 - 2022 and Forecast, 2023 - 2029, (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, 2018 - 2022 and Forecast 2023 - 2029 (Sales Value USD Million) |
| 8.1. North America |
| 8.1.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (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, 2018 - 2022 and Forecast, 2023 - 2029, (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, 2018 - 2022 and Forecast, 2023 - 2029, (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, 2018 - 2022 and Forecast, 2023 - 2029, (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, 2018 - 2022 and Forecast, 2023 - 2029, (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,2018 - 2022 and Forecast 2023 - 2029 (Sales Value USD Million) |
| 9.1. Type Analysis 2018 - 2022 and Forecast 2023 - 2029 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 2018 - 2022 and Forecast 2023 - 2029 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 2018 - 2022 and Forecast 2023 - 2029 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 2018 - 2022 and Forecast 2023 - 2029 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 ,2018 - 2022 and Forecast 2023 - 2029 (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 2018 - 2022 and Forecast 2023 - 2029 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 2018 - 2022 and Forecast 2023 - 2029 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 2018 - 2022 and Forecast 2023 - 2029 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,2018 - 2022 and Forecast 2023 - 2029 (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 2018 - 2022 and Forecast 2023 - 2029 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 2018 - 2022 and Forecast 2023 - 2029 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 2018 - 2022 and Forecast 2023 - 2029 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,2018 - 2022 and Forecast 2023 - 2029 (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 2018 - 2022 and Forecast 2023 - 2029 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 2018 - 2022 and Forecast 2023 - 2029 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 2018 - 2022 and Forecast 2023 - 2029 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 ,2018 - 2022 and Forecast 2023 - 2029 (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 2018 - 2022 and Forecast 2023 - 2029 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 2018 - 2022 and Forecast 2023 - 2029 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 2018 - 2022 and Forecast 2023 - 2029 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 |
- 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