Global Ethylene Vinyl Acetate Market 2017-2021

Overview of the global ethylene vinyl acetate market

Research analysis on the global ethylene vinyl acetate market identifies the benefits of EVA (ethylene vinyl acetate) over substitutes such as PVC and elastomers as one of the major factors that will have a positive impact on the market’s growth. Technavio’s market research analysts predict that this market will register a revenue of close to 9.7 billion by 2021. Compared to plasticized PVC, EVA has long lasting properties and the usage of EVA reduces the sealing temperature. This in turn, reduces the fabrication time for flexible sheets and films, increases the efficiency, and reduces the production costs for industries. Moreover, EVA copolymers can also withstand increased amounts of filler loading without serious changes in their physical properties. Additionally, EVA copolymers also have larger ozone resistance, and exhibit lesser thermal stability under increased load and lacks resilience. This will drive the demand for EVA copolymers, which in turn, will propel the growth of the EVA market.

In terms of geographic regions, APAC will be the major revenue contributor to the ethylene vinyl acetate market throughout the forecast period. China is the largest consumer of EVA in APAC. The rise in demand for flexible packaging and the growth of the footwear industry in China, is driving the demand for EVA market in the region.

Competitive landscape and key vendors 

The ethylene vinyl acetate market has huge growth opportunities and offers possibilities for project expansions. Investments in the market assist vendors to ensure steady raw material procurement and the supply of products to end users. The vendors in the EVA market are mainly concentrating on high-end applications in construction, dispersions, architectural coatings, and building materials.

The leading vendors in the market are –

• Arkema
• Celanese
• DuPont
• ExxonMobil
• LANXESS
• LyondellBasell Industries Holdings
• Sumitomo Chemical

The other prominent vendors in the market are Asia Polymer Corporation, Braskem, Bridgestone, Formosa Plastics, Hanwha Chemical, Innospec, Repsol, and Versalis.

Segmentation by type and analysis of the ethylene vinyl acetate market

• VLEVA
• LEVA
• MEVA
• HEVA

During 2016, the MEVA segment accounted for the major shares of the ethylene vinyl acetate market. The increasing application of MEVA in extrusion coatings, lamination films, agriculture films, and hot melt adhesives is a major factor driving the growth of this market segment.

Segmentation by application and analysis of the ethylene vinyl acetate market

• Films
• Foam
• Adhesives

According to this market research report, the films segment will account for the maximum shares of the EVA market till 2021. Advantages such as high transmission value, less temperature toughness, and the increase in volume-resistivity, will drive the growth of the ethylene vinyl acetate market in the films segment.

Key questions answered in the report include

• What will the market size and the growth rate be in 2021?
• What are the key factors driving the global ethylene vinyl acetate market?
• What are the key market trends impacting the growth of the global ethylene vinyl acetate market?
• What are the challenges to market growth?
• Who are the key vendors in the global ethylene vinyl acetate market?
• What are the market opportunities and threats faced by the vendors in the global ethylene vinyl acetate market?
• Trending factors influencing the market shares of APAC, Europe, North America, and ROW.
• What are the key outcomes of the five forces analysis of the global ethylene vinyl acetate market?