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Ethylene vinyl acetate resin Market Key Insights
Ethylene vinyl acetate resin Market Analysis by Regions
Ethylene vinyl acetate resin Market Analysis by Segments
Ethylene vinyl acetate resin Market Size (current and future)
Ethylene vinyl acetate resin Market Competitive Benchmarking
2 years ago
Global Ethylene vinyl acetate resin Market Type (Very low-density, Low-density, Medium-density, and High-density EVA), End-use Industry (Photovoltaic Panels, Footwear & Foams, Packaging, Agriculture), Application (Footwear & foams, Packaging, Agriculture, Photovoltaic panels, Pharmaceuticals, Others), Regional Forecasts 2021-2027.
Global Ethylene vinyl acetate resin Market is valued approximately at USD 9.1 billion in 2020 and is anticipated to grow with a healthy growth rate of more than 6.8% over the forecast period 2021-2027. Vinyl acetate monomer and ethylene are used to make EVA resins. They have enhanced stress fracture resistance and can keep their flexibility without the use of plasticizers throughout a wide temp...
Ethylene vinyl acetate resin Market
EVA resin, also known as ethylene-vinyl acetate resin, is a polymer composed of ethylene and vinyl acetate. It is a white or pale yellow powder chemically stable and insoluble in water. Ethylene vinyl acetate resin is widely used to manufacture adhesives, coatings, films, hot-melt adhesives, molding compounds, and nonwovens.
Ethylene vinyl acetate resin comprises two monomers: ethylene (E) and vinyl acetate (VA). The E/VA ratio can be changed to create materials with various properties. For example, EVA with a high E content is soft and flexible, whereas EVA with a high VA content is hard and brittle.
The ethylene vinyl acetate resin market is expected to reach $XX billion by 2031, up from $XX billion in 2018, at a CAGR of XX% over the forecast period. The main things that are driving the market growth are the growing need for flexible packaging and building materials, as well as the growing use of bio-based resins.
Celanese Corporation, Asia Polymer Corporation, Hanwha Solutions, and Chemical Corporation, LyondellBasell Industries Holdings BV, and ExxonMobil Corporation are among the companies involved. A few companies dominate the ethylene vinyl acetate resin market.
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