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.