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The future of the ethylene vinyl acetate market looks attractive with opportunities in the packaging, solar, agriculture, wire & cable, footwear, and automotive industries. The ethylene vinyl acetate market is expected to decline in 2020 due to global economic recession led by COVID-19. However, market will witness recovery in the year 2021 and it is expected to reach an estimated $10.4 billion by 2025 with a CAGR of 3% to 5% from 2020 to 2025. The major growth drivers for this market are growth in the various end use industries, and growing demand from packaging sector, especially in food and medical applications, due to its non-toxic nature.
Emerging trends, which have a direct impact on the dynamics of the ethylene vinyl acetate industry, include increasing demand for EVA in the medical industry and expansion of the solar industry.
A total of 165 figures / charts and 142 tables are provided in this 261 -page report to help in your business decisions. Sample figures with some insights are shown below. To learn the scope of, benefits, companies researched and other details of this ethylene vinyl acetate market report, download the report brochure.
In this market, packaging is the largest market by end use, whereas film is largest in application type. Growth in various segments of the ethylene vinyl acetate market are given below:
Ethylene Vinyl Acetate Market by Segments
The study includes ethylene vinyl acetate market size, and forecast for the ethylene vinyl acetate market through 2025, segmented by application, by end use industry, by density, and region as follows:
Ethylene Vinyl Acetate Market by Application [Volume (Million Pounds) and $M shipment analysis for 2014 – 2025]:
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Film
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Foam
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Adhesives
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Others
Ethylene Vinyl Acetate Market by End Use Industry [Volume (Million Pounds) and $M shipment analysis for 2014 – 2025]:
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Packaging
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Solar
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Agriculture
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Wire & Cable
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Automotive
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Footwear
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Others
Ethylene Vinyl Acetate Market by Density [Volume (Million Pounds) and $M shipment analysis for 2014 – 2025]:
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Very low density EVA
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Low density EVA
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Medium density EVA
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High density EVA
Ethylene Vinyl Acetate Market by Region [Volume (Million Pounds) and $M shipment analysis for 2014 – 2025]:
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North America
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Europe
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Asia Pacific
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The Rest of the World
Some of the ethylene vinyl acetate companies profiled in this report include E. I. du Pont de Nemours and Company, Hanwha Chemical, ExxonMobil Corporation, Formosa Plastics Corporation, LyondellBasell Industries NV, Arkema S.A., Celansese Corporation, USI Corporation, Lotte Chemical Corporation, and Versalis S.p.A.
Lucintel forecasts that solar will remain the largest and highest growth segment over the forecast perio