Ethylene Vinyl Acetate Market Trends, Growth Analysis and Forecasts 2014 to 2021
The Ethylene Vinyl Acetate (EVA) Market Research Report provides forecast and estimates for each application in terms of Market Size, Share, Trend and Growth during the study period (2014–2022).
Ethylene vinyl acetate (EVA) Market is a copolymer of ethylene and vinyl acetate (VA) monomer. The percentage weight of VA varies from 1% to 40%. Ethylene vinyl acetate has properties such as flexibility, toughness, elasticity, impact strength, and adhesive strength. It also provides resistance to puncture, environmental stress cracks, and UV radiation. Ethylene vinyl acetate is used for the production of films, foams, hot melt adhesives, photovoltaic cells, and wires and cables etc.
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Ethylene Vinyl Acetate (EVA) is segmented by product as high EVA,low EVA and very low EVA. High EVA is used in the production of photovoltaic cells, wires & cables, and hot melt adhesives whereas low EVA is used in production of films and foams. Low Eva has the largest market share. High EVA is expected to dominate during the forecast period. Ethylene vinyl acetate (EVA) market is classified by application as films, foams, hot melt adhesives, photovoltaic cells, wires & cables and others (including hose & tubing, etc.). Films have the largest market share in the application segment.
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The key factors influencing the growth of ethylene vinyl acetate (EVA) market is the growth in application segments such as films and photovoltaic cells. The use of films in packaging industry has helped to boost the demand for EVA. The increase in awareness about solar energy has helped to increase in the demand for photovoltaic cells. This has indirectly helped to drive the demand for EVA market. The key constraints hampering the growth of this market are volatile prices of raw materials and availability of cheaper substitutes.
Best Region Of Markets :
Asia Pacific has the largest market share and is expected to continue the dominance during the forecast period. The key players operating in Ethylene Vinyl Acetate (EVA) market are Exxon Mobil Corporation, The Dow Chemical Company, Hanwha Group, LyondellBasell Industries Holdings B.V., E. I. du Pont de Nemours and Company, and Braskem SA. Company.
SEGMENTATIONS IN REPORT :
A. Ethylene Vinyl Acetate (EVA) Market By Product :
1. High EVA
2. Low EVA
3. Very Low EVA
B. Ethylene Vinyl Acetate (EVA) Market By Application :
3. Hot Melt Adhesives
4. Photovoltaic Cells
5. Wires & Cables
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