Press release
Ethylene Vinyl Alcohol Copolymer (EVOH) Market 2023-2032 Global Competition, New Growth Opportunities, Growing Prominent Players Profile | Top Players: Chang Chun Petrochemical, Kuraray, Nippon Gohsei
Ethylene Vinyl Alcohol Copolymer (EVOH) Market- Xcellent Insights
The Ethylene Vinyl Alcohol Copolymer (EVOH) Market was valued at USD 944.92 million in 2022 and is expected to register a CAGR of 2.65% by 2032.
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Ethylene Vinyl Alcohol Copolymer (EVOH) Market Segmentation:
The Ethylene Vinyl Alcohol Copolymer (EVOH) market is analyzed across types, applications and regions. The report offers an exhaustive analysis of the segments and its subtypes with the help of tabular and graphical representation.
By Types:
• Ethylene Content (mol%) 29-35
• Ethylene Content (mol%) 35-38
• Ethylene Content (mol%) 38-44
• Ethylene Content (mol%) above 44
• Ethylene Content (mol%) below 29
By Applications:
• Automotive Gas Tanks
• Food Packaging Material
• Household Wrapping Material
• Pipes For Floor Heating Systems
• Wall Coverings
Competitive Landscape:
The global market is extremely competitive and consists of various leading players and entrants operating at global and regional levels. The report sheds light on the precise analysis of each player in the market, their market share, and business strategies to gain a come edge. Some of the key strategies used by key players include mergers and acquisitions, joint ventures, partnerships, and license agreements.
Key Market Vendors:
• Chang Chun Petrochemical
• Kuraray
• Nippon Gohsei
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Ethylene Vinyl Alcohol Copolymer (EVOH) Market Drivers:
1. Growing need for renewable and sustainable packaging: With the global shift toward sustainable and eco-friendly packaging solutions, EVOH has gained significant attention due to its recyclability and potential for reducing food waste by extending the shelf life of packaged products.
2. Expansion in the automotive industry: EVOH is used in automotive fuel systems due to its excellent chemical resistance and low permeability to fuels. The expansion of the automotive industry, especially in regions like Asia-Pacific and Europe, has contributed to the growth of the EVOH market.
3. Increasing focus on agricultural films: EVOH is utilized in agricultural films for its ability to protect crops from various environmental factors and extend the growing season. With the increasing need for efficient agricultural practices and the rising demand for high-quality crops, the demand for EVOH in agricultural films has witnessed steady growth.
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Ethylene Vinyl Alcohol Copolymer (EVOH) Market Restraints
1. Processing Challenges: EVOH can present processing challenges due to its high melt viscosity and poor processability compared to other polymers. This can lead to difficulties in manufacturing and processing, potentially increasing production costs and limiting its application in certain industries.
2. Recycling and Environmental Concerns: Although EVOH offers excellent barrier properties, its recycling can be challenging, which may raise concerns about environmental sustainability and waste management. This limitation might impact the overall adoption of EVOH, especially as sustainability becomes an increasingly critical consideration in various industries.
3. Competition from Alternative Materials: The EVOH market faces competition from alternative materials with similar or improved properties. The availability of alternative barrier materials and advances in polymer technology can impact the demand for EVOH in certain applications, challenging its market growth and expansion.
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Ethylene Vinyl Alcohol Copolymer (EVOH) Market Table of Content (ToC):
• Ethylene Vinyl Alcohol Copolymer (EVOH) Market Study Coverage
• Ethylene Vinyl Alcohol Copolymer (EVOH) Industry Executive Summary
• Ethylene Vinyl Alcohol Copolymer (EVOH) Competition by Manufacturers
• Ethylene Vinyl Alcohol Copolymer (EVOH) Market Size by Type
• Ethylene Vinyl Alcohol Copolymer (EVOH) Market Size by Application
• North America
• Europe
• Asia Pacific
• Latin America
• The Middle East and Africa
• Company Profiles
• Ethylene Vinyl Alcohol Copolymer (EVOH) Industry Chain and Sales Channels Analysis
• Ethylene Vinyl Alcohol Copolymer (EVOH) Market Drivers, Opportunities, Challenges and Risks Factors Analysis
• Key Findings in The Global Ethylene Vinyl Alcohol Copolymer (EVOH) Study
• Appendix
By Region:
• North America (US, Canada)
• Europe (Germany, France, UK, Italy, Russia)
• Asia Pacific (China, Japan, South Korea, India, Australia, Taiwan, Indonesia, Malaysia, Philippines, Vietnam)
• Latin America (Mexico, Brazil, Argentina)
• The Middle East & Africa (Turkey, Saudi Arabia, UAE)
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Xcellent Insights is a global market research and management consulting company offering a plethora of syndicated research reports, customized research reports, and consulting services, and useful insights to leading market players, investors, startups, and stakeholders. We cover niche and established markets and identify growth opportunities to help clients make informed decisions and achieve sustainable growth in their respective market domains. We excel in providing in-depth analysis and strive to cover the latest market and industry trends to offer the best services to our clients.
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EVOH Resin Market Growth Analysis 2017 Kuraray, Nippon Gohsei
Ethylene-Vinyl Alcohol Copolymer, short as EVOH, is thermoplastic polymer. EVOH resin, with outstanding gas barrier properties, is one of the three major barrier resins. EVOH resin is widely used in Food packaging and non-food packaging industry.
Sample copy of report @ https://goo.gl/96aXTM
Market Segment by Manufacturers:-
Kuraray
Nippon Gohsei
Chang Chun Petrochemical
Scope of the Report:
This report focuses on the EVOH Resin in Global market, especially in North America, Europe and Asia-Pacific, South America, Middle East…
