The Business Research Company’s Ethylene Vinyl Acetate Market Report 2022: Market Size, Trends, And Forecast To 2026
The Business Research Company’s Ethylene Vinyl Acetate Global Market Report 2022: Market Size, Trends, And Forecast To 2026
LONDON, GREATER LONDON, UK, May 17, 2022 /EINPresswire.com/ — According to ‘Ethylene Vinyl Acetate Global Market Report 2022 – Market Size, Trends, And Global Forecast 2022-2026’ published by The Business Research Company, the ethylene vinyl market size is expected to reach $9.85 billion in 2026 at a CAGR of 6.4%. The rising demand from the packaging industry is contributing to the ethylene vinyl acetate market growth.
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The ethylene-vinyl acetate market consists of sales of ethylene-vinyl acetate products by entities (organizations, sole traders, and partnerships) that is an elastomeric copolymers of ethylene and vinyl acetate used to produce rubber-like materials. Ethylene Vinyl Acetate (EVA) is an elastomeric polymer that provides durability, crack resistance, and flexibility to certain materials. It is an ethylene-vinyl acetate copolymer with a vinyl acetate concentration ranging from 10% – to 40%. EVA has improved stress crack resistance and can maintain flexibility without the use of plasticizers throughout a wide temperature range of 60°C to 150°C.
Global Ethylene Vinyl Acetate Market Trends
The introduction of new technologies for the production of ethylene-vinyl acetate is a key trend gaining popularity in the ethylene-vinyl acetate market. Companies involved in the production of ethylene-vinyl acetate are introducing new technological processes in their production facilities to improve manufacturing performance and meet the growing need of EVA in the market. For instance, in April 2021, LyondellBasell, a Netherlands-based chemical company revealed that Shandong Yulong Petrochemical Co. Ltd, a China based oil and natural gas company introduced LyondellBasell Lupotech T high-pressure polyethylene technology in two different production lines at a new plant. The process technique will be used to make low-density polyethylene (LDPE) with vinyl acetate comonomer on a 200 KTA LDPE line and a 300 KTA LDPE and ethylene-vinyl acetate copolymer (EVA) line.
Global Ethylene Vinyl Acetate Market Segments
By Type: Very Low Density Ethylene Vinyl Acetate, Low density Ethylene Vinyl Acetate, Medium Density Ethylene Vinyl Acetate, High Density Ethylene Vinyl Acetate
By Application: Film, Foam, Hot Melt Adhesives, Wire and Cable, Extrusion Casting, Solar Cell Encapsulation, Other Applications
By End-Use Industry: Footwear and Foams, Packaging, Agriculture, Photovoltaic panels, Pharmaceuticals, Other End Users
By Geography: The global ethylene vinyl acetate market analysis report is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, Asia Pacific accounts for the largest share.
Read more on the global ethylene vinyl acetate market report here
Ethylene Vinyl Acetate Global Market Report 2022 is one of a series of new reports from The Business Research Company that provides ethylene vinyl acetate global market overviews, analyzes and forecasts market size and growth for the global ethylene vinyl acetate market, ethylene vinyl acetate market share, ethylene vinyl acetate global market segments and geographies, ethylene vinyl acetate market players, ethylene vinyl acetate market leading competitor revenues, profiles and market shares. The ethylene vinyl acetate market report identifies top countries and segments for opportunities and strategies based on market trends and key competitors’ approaches.
TBRC’s Ethylene Vinyl Acetate Global Market Report 2022 includes information on the following:
Data Segmentations: Market Size, Global, By Region and Country, Historic and Forecast, and Growth Rates for 60 Geographies
Key Market Players: BASF SE, Johnson Matthey, Clariant Financial, Honeywell International Inc, Tenneco Inc.
Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.
Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
And so much more.
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