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Ethylene Vinyl Acetate Market is Estimated to Reach USD 1915.9 Million By 2030: Cognitive Market Research
Ethylene Vinyl Acetate Market is Estimated to Reach USD 1915.9 Million By 2030: Cognitive Market Research
Ethylene-vinyl acetate (EVA) is a copolymer of ethylene and vinyl acetate. It is a widely used thermoplastic material in a variety of industries due to its unique combination of properties. EVA is known for its flexibility, toughness, and impact resistance, making it a suitable material for a range of applications where durability and impact absorption are important. It is also highly resistant to water, chemicals, and UV rays, making it ideally use in outdoor products such as footwear, sporting goods, and building materials.
Summary:
• As per the study of CMR, The Global Ethylene Vinyl Acetate Market Size Was Valued at USD 1326.8 Million In 2022 And is Expected to Grow at a CAGR Of 4.7% During the Forecast Period, Reaching USD 1915.9 Million By 2030.
• The increasing use of polymers in the production of flexible packaging material is the major driving factor for the growth of the ethylene vinyl acetate market.
• Asia Pacific is expected to dominate the ethylene vinyl acetate market during the forecast period.
• Based on the end-use industry, the footwear & foam segment held the major market share during the forecast period owing to the footwear and foam industries are the important markets for ethylene vinyl acetate (EVA) copolymers.
To know more about The Ethylene Vinyl Acetate Market statistics click here: https://www.cognitivemarketresearch.com/ethylene-vinyl-acetate-market-report
What are the driving factors for the ethylene vinyl acetate market?
The increasing use of polymers in the production of flexible packaging is the main driving factor contributing to the growth of the ethylene vinyl acetate market during the forecast period. In the packaging industry, EVA is increasingly used to create foam inserts and protective padding, which can help to safeguard delicate items during shipping. Additionally, rising demand for adhesives has driven market growth over the forecast period. EVA is used as a main ingredient in the production of adhesives and sealants due to its excellent adhesive properties However, EVA is more difficult to recycle which can affect the atmosphere can be a significant barrier to the growth of the market in near future. Further, the development of innovative EVA-based products, such as high-performance EVA films and specialty EVA resins is expected to create great opportunities for the market during the forecast period.
Market Segementation:
Global ethylene vinyl acetate market grade type segmentation:
• Low-Density EVA
• Medium Density EVA
• High-Density EVA
The low-density EVA segment is a major revenue contributor in terms of grade type, low-density ethylene vinyl acetate is increasingly used in the production of lightweight and flexible products such as flexible films, wire and cable insulation, and foam products.
Global ethylene vinyl acetate market end-use industry segmentation:
• Footwear & Foam
• Packaging
• Agriculture
• Photovoltaic Panels
• Pharmaceuticals
• Others
Based on the end-use industry, the footwear & foam segment held the major market share during the forecast period owing to the footwear and foam industries being the most essential field for ethylene vinyl acetate (EVA) copolymers. EVA foam is extensively used in the manufacture of various footwear products such as athletic shoes, and sandals. EVA foam provides excellent cushioning, shock absorption, and flexibility, making it an ideal material for footwear applications.
Competitive Analysis of Ethylene Vinyl Acetate Market: Arkema S.A., Braskem SA, Celanese Corporation, E. I. du Pont de Nemours and Company, Exxon Mobil Corporation, Hanwha Group, LyondellBasell Industries Holdings B.V., Porex Corporation, Saudi International Petrochemical Company (Sipchem), Tosoh Corporation, Westlake Chemical Corporation
Get free sample pages of the latest published Ethylene Vinyl Acetate Market Report: https://www.cognitivemarketresearch.com/ethylene-vinyl-acetate-market-report
Asia Pacific is expected to dominate the ethylene vinyl acetate market during the forecast period.
As per CMR analysis, Asia Pacific is expected to dominate the ethylene vinyl acetate market during the forecast period. The growth of the market is significantly growing in the region due to the increasing demand for adhesives and sealants, the rise in awareness about renewable energy sources, and rapid advancements in production materials. Additionally, in Asian countries including India and China, the use of EVA is increasing as an encapsulant material for solar cells due to its excellent weather resistance and durability. The growing demand for renewable energy sources such as solar power is driving the growth of the EVA market in the Asia Pacific.
Browse Here For Full TOC:
Table of Content (Revenue USD Edition), (Enquire about Volume/Consumption Edition Data)
Chapter 1 Industrial Insight and Market Scope
• 1.1 Global Ethylene Vinyl Acetate Industry Introduction
• 1.2 Objectives of the Study
• 1.3 USP of the Report
• 1.4 Who is this report for?
• 1.5 Designing of Market Scope
1.5.1 Ethylene Vinyl Acetate Market Segmentation
1.5.1 Ethylene Vinyl Acetate Market Regional Fragmentation
1.5.1 Ethylene Vinyl Acetate Market Players
• 1.6 Report Duration
• 1.7 List of Stakeholders
Chapter 2 Research MethodologyReview Complete Research Methodology
Chapter 3 Executive Summary of Ethylene Vinyl Acetate Market
• 3.1 Global Ethylene Vinyl Acetate Market Size 2018 - 2030, (USD Million)
• 3.2 Global Ethylene Vinyl Acetate Value, Absolute & Opportunity Analysis
• 3.3 Global Ethylene Vinyl Acetate Market Y-o-Y Growth Rate Projection by Region (2023 - 2030)
• 3.4 Global Ethylene Vinyl Acetate Market Statistics 2022: Snapshot
Chapter 4 Global Ethylene Vinyl Acetate Market Overview
Chapter 5 Competitive Analysis (Subject to Availability)
Chapter 6 Environmental, Social, and Governance (ESG) Analysis
Chapter 7 Qualitative Analysis
Chapter 8 Company Profiling (Subject to Availability)
Chapter 9 Global Ethylene Vinyl Acetate Market by Grade Type Segmentation Analysis (2018-2030)
Chapter 10 Global Ethylene Vinyl Acetate Market by End User Segmentation Analysis (2018-2030)
Chapter 11 Global Ethylene Vinyl Acetate Market Regional Analysis
Chapter 12 North America Ethylene Vinyl Acetate Market Outlook (2018 - 2030)
Chapter 13 Europe Ethylene Vinyl Acetate Market Outlook (2018 - 2030)
Chapter 14 Asia Pacific Ethylene Vinyl Acetate Market Outlook (2018 - 2030)
Chapter 15 Latin America Ethylene Vinyl Acetate Market Outlook (2018 - 2030)
Chapter 16 Middle East and Africa Ethylene Vinyl Acetate Market Outlook (2018 - 2030)
Chapter 17 Research Findings
Customize the Report Edition (Is applicable, On Request, Subject to Data Available, At an Additional Cost)
To know more about The Ethylene Vinyl Acetate Market TOC click here: https://www.cognitivemarketresearch.com/ethylene-vinyl-acetate-market-report#table_of_contents
Related Report:
• Chemical And Petroleum Container Market- https://www.cognitivemarketresearch.com/chemical-and-petroleum-container-market-report
• Vinyl Acetate Monomer - VAM Market- https://www.cognitivemarketresearch.com/vinyl-acetate-monomer---vam-market-report
• Specialty Chemicals Market- https://www.cognitivemarketresearch.com/specialty-chemicals-market-report
• Ethylene Acrylic Acid Market- https://www.cognitivemarketresearch.com/ethylene-acrylic-acid-market-report
𝐂𝐨𝐧𝐭𝐚𝐜𝐭 𝐔𝐬
Nicolas Shaw
Cognitive Market Research
20 N State Street,Chicago,
Illinois, 60602
United States
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Email: sales@cognitivemarketresearch.com
Website: https://www.cognitivemarketresearch.com/about-us
About Cognitive Market Research Company :
Cognitive Market Research has evolved as one leading market research and consulting firm and it provides services across multiple domains. Cognitive Market Research gathers and analyzes data about customers, competitors, distributors, and other market actors and forces operational across the value chain. As a market research company, we follow a complete process of gathering information about the target market and end-use industries to verify the complete journey of the product or service in the global market. It helps our readers understand the demand and viability of their product/service and how it might perform in the real world and help them to build business strategies accordingly.
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