Market Overview

The global ethylene vinyl acetate market is expected to reach an estimated $9.9 billion by 2023 with a CAGR of 4.8% from 2018 to 2023

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The global ethylene vinyl acetate market is expected to reach an estimated $9.9 billion by 2023 with a CAGR of 4.8% from 2018 to 2023

PR Newswire

LONDON, August 20, 2018 /PRNewswire/ -- Trends, opportunities and forecast in ethylene vinyl acetate market to 2023 by application (film, foam, adhesives, and others), end use industry (packaging, solar, agriculture, wire & cable, automotive, footwear, and others), by density (very low density EVA, low density EVA, medium density EVA, and high density EVA), and region (North America, Europe, Asia Pacific, and the Rest of the World)

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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 global ethylene vinyl acetate market is expected to reach an estimated $9.9 billion by 2023 with a CAGR of 4.8% from 2018 to 2023. 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.

Ethylene Vinyl Acetate Market by Application

Ethylene Vinyl Acetate Market

Major Ethylene Vinyl Acetate Manufacturers

The study includes ethylene vinyl acetate market size, and forecast for the global ethylene vinyl acetate market through 2023, 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 2012 – 2023]:
Film Foam Adhesives Others

Ethylene Vinyl Acetate Market by End Use Industry [Volume (Million Pounds) and $M shipment analysis for 2012 – 2023]:
Packaging Solar Agriculture Wire & Cable Automotive Footwear Others

Ethylene Vinyl Acetate Market by Density [Volume (Million Pounds) and $M shipment analysis for 2012 – 2023]:
Very low density EVA Low density EVA Medium density EVA High density EVA

Ethylene Vinyl Acetate Market by Region [Volume (Million Pounds) and $M shipment analysis for 2005 – 2023]:
North America Europe Asia Pacific 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 period supported by growth in solar photovoltaic cells installation in Asia pacific region, especially in China, India, Japan, South Korea, and Taiwan.

Within the ethylene vinyl acetate market, film will remain the largest application during the forecast period due to increasing awareness about the use of solar energy, which is augmenting the demand for EVA film in photovoltaic cells. Lucintel predicts that the demand for ethylene vinyl acetate for film is likely to experience the highest growth in the forecast period due its growing demand in the areas of solar photovoltaic cells, packaging, and agriculture.

Asia Pacific is expected to remain the largest market by value and volume and will experience the highest growth over the forecast period supported by growth in the various end use industries, such as packaging, footwear, solar photovoltaic cells, and wire & cable. China is the largest market for ethylene vinyl acetate due to its high consumption in footwear, solar, automotive, and wire & cable supported by the high domestic demand.

Some of the features of "Global Ethylene Vinyl Acetate Market Report: Trends, Forecast and Competitive Analysis" include:
Market size estimates: Global ethylene vinyl acetate market size estimation in terms of value (NYSE:M) and volume (Million Pounds) shipment.
Trend and forecast analysis: Market trend (2012-2017) and forecast (2018-2023) by application, and end use industry.
Segmentation analysis: Global ethylene vinyl acetate market size by various applications such as application, end use industry, and density in terms of value and volume shipment.
Regional analysis: Global ethylene vinyl acetate market breakdown by North America, Europe, Asia Pacific, and the Rest of the World.
Growth opportunities: Analysis on growth opportunities in different applications and regions of ethylene vinyl acetate in the ethylene vinyl acetate market.
Strategic analysis: This includes M&A, new product development, and competitive landscape of ethylene vinyl acetate in the ethylene vinyl acetate market. Analysis of competitive intensity of the industry based on Porter's Five Forces model.

This report answers following 11 key questions:
Q.1 What are some of the most promising potential, high-growth opportunities for the global ethylene vinyl acetate market by application (film, foam, adhesives, and others), end use industry (packaging, solar, agriculture, wire & cable, automotive, footwear, and others), by density (very low density EVA, low density EVA, medium density EVA, and high density EVA), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2 Which segments will grow at a faster pace and why?
Q.3 Which regions will grow at a faster pace and why?
Q.4 What are the key factors affecting market dynamics? What are the drivers and challenges of the ethylene vinyl acetate market?
Q.5 What are the business risks and threats to the ethylene vinyl acetate market?
Q.6 What are emerging trends in this ethylene vinyl acetate market and the reasons behind them?
Q.7 What are the changing demands of customers in the ethylene vinyl acetate market?
Q.8 What are the new developments in the ethylene vinyl acetate market? Which companies are leading these developments?
Q.9 Who are the major players in this ethylene vinyl acetate market? What strategic initiatives are being implemented by key players for business growth?
Q.10 What are some of the competitive products and processes in this ethylene vinyl acetate area and how big of a threat do they pose for loss of market share via material or product substitution?
Q.11 What M & A activities have taken place in the last 5 years in this ethylene vinyl acetate market?

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