Global “Ethylene Vinyl Acetate Market” Report 2021 (value and volume) by company, regions, product types, end industries, history data and estimate data. Also, Report contains a comprehensive analysis of the important segments like market opportunities, import/export details, market dynamics, key manufacturers, growth rate, and key regions. This report focuses on the Ethylene Vinyl Acetate in the Global market, especially in the United States, Europe, China, Japan, South Korea, North America, India. Ethylene Vinyl Acetate Market report categorizes the market based on manufacturers, regions, type, and application. Ethylene Vinyl Acetate Market reports offer a detailed assessment of the Ethylene Vinyl Acetate including enabling technologies, current market situation, market assumptions, restraining factors.
The Global Ethylene Vinyl Acetate market swot is provided for the international markets including progress trends, competitive landscape breakdown, and key in regions development status. Development policies and plans are discussed as well as manufacturing processes and cost structures are also analyzed.
The ethylene vinyl acetate market is expected to register healthy growth during the forecast period (2018-2023). The market is driven by the factors such as growing demand from the packaging industry and increasing usage of renewable energy sources. The increasing threat of substitutes is likely to act as an opportunity for the markets growth. In 2017, the Asia-Pacific region accounted for the largest share of the global market.
Growing Demand from Packaging Industry
Demand for lightweight and innovative packaging solutions from the food industry is majorly driving the market. The transition in this industry is led by few segments such as baby food, pet food, sauces, and soups. Flexible packaging offers brand owners, retailers, and consumers many advantages such as high graphic appearance, and contribute to the performance of package by preserving the quality of the images during manufacturing, packaging, transportation, and end use of products. The demand for flexible packaging is increasing owing to the advantages such as light-weight and easy to open, carry, store, and reseal, easy transportation, less wastage, etc. The sales of flexible packaging are increasing since the past decade and are projected to increase in future. In 2017, the sales have been increased by 6.67% over 2016. Rising trend of online interaction with the consumers is the new branding technique for the companies, which are eager to forge a longer-lasting two-way relationship with consumers, integrating with social media. All the above-mentioned factors increase the demand for packaging, in turn, expected to drive the market for ethylene vinyl acetate during the forecast period.
Solar Cell Encapsulation A Huge Market Potential
Ethylene Vinyl Acetate (EVA) is used for the encapsulation of photovoltaic (PV) modules in the majority of solar cells due to the advantages such as good light transmittance and elasticity, excellent melt fluidity, low processing temperature, and adhesive property. As the global energy demand went up by 2.1% in 2017, twice more than that of 2016, renewables saw the highest growth rate of any energy source, meeting a quarter of global energy demand. According to the preliminary estimates from the IEA, solar PV accounted for almost 27% of the growth in renewables-based power output in 2017. The use of solar cells has been continuously increasing around the world. With the increasing government support, the new installation of solar photovoltaic cells capacity is growing rapidly around the world from the past decade. In 2017, installation capacity was increased by 29.3% over 2016. Recently in June 2018, the city of Lockport and its partners launched a campaign as a part of the Solarize Buffalo Niagara initiative, which aims to make it easier and economical for business owners and residents to purchase solar energy systems. Due to these reasons, the usage of solar energy increases resulting in the increasing demand for the EVA in future.
Asia-Pacific to Dominate the Market
Asia-Pacific region dominated the global market share in 2017. With the growing population and increasing purchasing power of the individuals in the countries such as China, India, and Japan, the demand for packaging is increasing in the region. This, in turn, increases the demand for EVA films. According to Federation of Indian Chambers of Commerce & Industry (FICCI) and Tata Strategic Management Group (TSMG), the packaging industry in India is expected to rise from USD 46 billion in 2016 to reach USD 73 billion by 2021. The growth of the packaging industry in the country is mainly driven by the food and the pharmaceutical packaging sectors. The large and growing Indian middle-class population, along with the growth in organized retailing in the country, is fueling growth in the packaging industry. The adhesives industry in India is rapidly rising due to the growing construction sector. The Indian government’s Housing for All by 2022 is a significant game changer for the industry. Due to these reasons, the demand for EVA in the region is likely to increase during the forecast period.
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The global Ethylene Vinyl Acetate market covers the vision of participant analysis by product types, market share, applications, sales, and revenue.
Ethylene Vinyl Acetate Market Report covers the Top Key-players in 2021:-
- Arkema Group-Asia Polymer Corporation-BASF SE-Braskem -Bridgestone Corporation-Celanese Corporation-DowDuPont-Exxon Mobil Corporation-Hanwha Group-LANXESS-LyondellBasell Industries Holdings B.V. -Repsol-Sipchem-Sumitomo Chemical Co.
- Ltd.-Tosoh Corporation
Highlighted points of Ethylene Vinyl Acetate Market Size:
- Covers the varying market dynamics of the industry.
- In-depth analysis of market risks, opportunities, limitations, and growth of the market.
- Includes market driving and restraining factors.
- Participants profiles along with product description, overview, and business data.
- Include details of five years of forecast analysis by types, regions, and applications.
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This Ethylene Vinyl Acetate Market Research/analysis Report Contains Answers to your following Questions
- Which Manufacturing Technology is Used for Ethylene Vinyl Acetate? What Developments Are Going On in That Technology? Which Trends Are Causing These Developments?
- Who Are the Global Key Players in This Ethylene Vinyl Acetate Market? What’s Their Company Profile, Their Product Information, Contact Information?
- What Was Global Market Status of Ethylene Vinyl Acetate Market? What Was Capacity, Production Value, Cost and PROFIT of Ethylene Vinyl Acetate Market?
- What Is Current Market Status of Ethylene Vinyl Acetate Industry? What’s Market Competition in This Industry, Both Company, and Country Wise? What’s Market Analysis of Ethylene Vinyl Acetate Market by Taking Applications and Types in Consideration?
- What Are Projections of Global Ethylene Vinyl Acetate Industry Considering Capacity, Production and Production Value? What Will Be the Estimation of Cost and Profit? What Will Be Market Share, Supply and Consumption? What About Import and Export?
- What Is Ethylene Vinyl Acetate Market Chain Analysis by Upstream Raw Materials and Downstream Industry?
- What Is Economic Impact On Ethylene Vinyl Acetate Industry? What are Global Macroeconomic Environment Analysis Results? What Are Global Macroeconomic Environment Development Trends?
- What Are Market Dynamics of Ethylene Vinyl Acetate Market? What Are Challenges and Opportunities?
- What Should Be Entry Strategies, Countermeasures to Economic Impact, Marketing Channels for Ethylene Vinyl Acetate Industry?
Key Developments in the Ethylene Vinyl Acetate Market: in the Jet Fuel Market
Nov, 2017: Shell aviation announced that it has signed a fuelling concession agreement to operate the new into-plane and fuel farm facilities as the sole jet fuel supplier at Salalah International Airport in Oman.
Jet Fuel Market M
Reasons to Purchase This ReportAnalyzing various perspectives of the market with the help of Porters five forces analysisThe segment that is expected to dominate the marketRegions that are expected to witness the fastest growth during the forecast periodIdentify the latest developments, market share, and strategies employed by the major market players.3 months analyst support along with the Market Estimate sheet (in excel)
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Finally, the report Global Ethylene Vinyl Acetate Market 2021 describes the Ethylene Vinyl Acetate industry expansion game plan, the Ethylene Vinyl Acetate industry knowledge supply, appendix, analysis findings, and the conclusion.
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