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Global Ethylene Vinyl Acetate (EVA) Resins Market (2022-2027) by Type, Application, End-Use Industry, Geography, Competitive Analysis and the Impact of Covid-19 with Ansoff Analysis

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  • 179 Pages
  • May 2022
  • Region: Global
  • Infogence Global Research
  • ID: 5635964

Renewable energy will be the fastest-growing end use of EVA because the material serves as a thermoplastic polymer, helping in encapsulating photovoltaic modules

The Global Ethylene Vinyl Acetate (EVA) Resins Market is estimated to be USD 8.1 Bn in 2022 and is expected to reach USD 11.37 Bn by 2027, growing at a CAGR of 7.01%.

Market Dynamics

Market dynamics are forces that impact the prices and behaviors of the Global Ethylene Vinyl Acetate (EVA) Resins Market stakeholders. These forces create pricing signals which result from the changes in the supply and demand curves for a given product or service. Forces of Market Dynamics may be related to macro-economic and micro-economic factors. There are dynamic market forces other than price, demand, and supply. Human emotions can also drive decisions, influence the market, and create price signals. As the market dynamics impact the supply and demand curves, decision-makers aim to determine the best way to use various financial tools to stem various strategies for speeding the growth and reducing the risks.

Market Segmentations

The Global Ethylene Vinyl Acetate (EVA) Resins Market is segmented based on Type, Application, End-Use Industry, and Geography.
  • By Type, the market is classified into Low Density Ethylene Vinyl Acetate, Medium Density Ethylene Vinyl Acetate, and High Density Ethylene Vinyl Acetate.
  • By Application, the market is classified into Film, Foam, Hot Melt Adhesives, Wire & Cable, Extrusion Casting, and Solar Cell Encapsulation.
  • By End-Use Industry, the market is classified into Photovoltaic Panels, Footwear, Packaging & Paper, Automotive, Pharmaceuticals, Paints, Coatings, & Adhesives, and Electronics & Electrical.
  • By Geography, the market is classified into Americas, Europe, Middle-East & Africa and Asia-Pacific.

Company Profiles

The report provides a detailed analysis of the competitors in the market. It covers the financial performance analysis for the publicly listed companies in the market. The report also offers detailed information on the companies' recent development and competitive scenario. Some of the companies covered in this report are Exxon Mobil, Hanwha Total Petrochemical, Sipchem, Formosa Plastics, Dow, LG Chemical, Sumitomo Chemicals, Braskem, China National Petroleum, Clariant AG, Lyondellbasell Industries, etc.

Countries Studied

  • America (Argentina, Brazil, Canada, Chile, Colombia, Mexico, Peru, United States, Rest of Americas)
  • Europe (Austria, Belgium, Denmark, Finland, France, Germany, Italy, Netherlands, Norway, Poland, Russia, Spain, Sweden, Switzerland, United Kingdom, Rest of Europe)
  • Middle-East and Africa (Egypt, Israel, Qatar, Saudi Arabia, South Africa, United Arab Emirates, Rest of MEA)
  • Asia-Pacific (Australia, Bangladesh, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Sri Lanka, Thailand, Taiwan, Rest of Asia-Pacific)

Competitive Quadrant

The report includes Competitive Quadrant, a proprietary tool to analyze and evaluate the position of companies based on their Industry Position score and Market Performance score. The tool uses various factors for categorizing the players into four categories. Some of these factors considered for analysis are financial performance over the last 3 years, growth strategies, innovation score, new product launches, investments, growth in market share, etc.

Ansoff Analysis

The report presents a detailed Ansoff matrix analysis for the Global Ethylene Vinyl Acetate (EVA) Resins Market. Ansoff Matrix, also known as Product/Market Expansion Grid, is a strategic tool used to design strategies for the growth of the company. The matrix can be used to evaluate approaches in four strategies viz. Market Development, Market Penetration, Product Development and Diversification. The matrix is also used for risk analysis to understand the risk involved with each approach. The analyst analyses the using the Ansoff Matrix to provide the best approaches a company can take to improve its market position. Based on the SWOT analysis conducted on the industry and industry players, the analyst has devised suitable strategies for market growth.

Why buy this report?

  • The report offers a comprehensive evaluation of the Global Ethylene Vinyl Acetate (EVA) Resins Market. The report includes in-depth qualitative analysis, verifiable data from authentic sources, and projections about market size. The projections are calculated using proven research methodologies.
  • The report has been compiled through extensive primary and secondary research. The primary research is done through interviews, surveys, and observation of renowned personnel in the industry.
  • The report includes an in-depth market analysis using Porter's 5 forces model and the Ansoff Matrix. In addition, the impact of Covid-19 on the market is also featured in the report.
  • The report also includes the regulatory scenario in the industry, which will help you make a well-informed decision. The report discusses major regulatory bodies and major rules and regulations imposed on this sector across various geographies.
  • The report also contains the competitive analysis using Positioning Quadrants, the analyst's Proprietary competitive positioning tool.

Report Highlights:

  • A complete analysis of the market, including the parent industry
  • Important market dynamics and trends
  • Market segmentation
  • Historical, current, and projected size of the market based on value and volume
  • Market shares and strategies of key players
  • Recommendations to companies for strengthening their foothold in the market
Frequently Asked Questions about the Global Ethylene Vinyl Acetate (EVA) Resins Market

What is the estimated value of the Global Ethylene Vinyl Acetate (EVA) Resins Market?

The Global Ethylene Vinyl Acetate (EVA) Resins Market was estimated to be valued at $8.1 Billion in 2022.

What is the growth rate of the Global Ethylene Vinyl Acetate (EVA) Resins Market?

The growth rate of the Global Ethylene Vinyl Acetate (EVA) Resins Market is 7.0%, with an estimated value of $11.37 Billion by 2027.

What is the forecasted size of the Global Ethylene Vinyl Acetate (EVA) Resins Market?

The Global Ethylene Vinyl Acetate (EVA) Resins Market is estimated to be worth $11.37 Billion by 2027.

Who are the key companies in the Global Ethylene Vinyl Acetate (EVA) Resins Market?

Key companies in the Global Ethylene Vinyl Acetate (EVA) Resins Market include Asia Polymer, Basf SE, Braskem, Celanese Corporation, China National Petroleum, Clariant AG, Dow, Exxon Mobil, Formosa Plastics and Hanwha Total Petrochemical.

Table of Contents

1 Report Description
1.1 Study Objectives
1.2 Market Definition
1.3 Currency
1.4 Years Considered
1.5 Language
1.6 Key Stakeholders
2 Research Methodology
2.1 Research Process
2.2 Data Collection and Validation
2.2.1 Secondary Research
2.2.2 Primary Research
2.2.3 Models
2.3 Market Size Estimation
2.3.1 Bottom-Up Approach
2.3.2 Top-Down Approach
2.4 Assumptions of the Study
2.5 Limitations of the Study
3 Executive Summary
3.1 Introduction
3.2 Market Size, Segmentations and Outlook
4 Market Dynamics
4.1 Drivers
4.1.1 Increasing Usage of Ethylene Vinyl Acetate in Footwear
4.1.2 Increasing Demand from the Packaging Industry
4.2 Restraints
4.2.1 Availability of Substitute Materials
4.3 Opportunities
4.3.1 Introduction of Bio-Based Ethylene Vinyl Acetate
4.3.2 Significant Growth in Solar PV Installation across the Globe
4.4 Challenges
4.4.1 Potential Problems With Ethylene Vinyl Acetate Photovoltaic Encapsulation
5 Market Analysis
5.1 Regulatory Scenario
5.2 Porter's Five Forces Analysis
5.3 Impact of COVID-19
5.4 Ansoff Matrix Analysis
6 Global Ethylene Vinyl Acetate (EVA) Resins Market, By Type
6.1 Introduction
6.2 Low Density Ethylene Vinyl Acetate
6.3 Medium Density Ethylene Vinyl Acetate
6.4 High Density Ethylene Vinyl Acetate
7 Global Ethylene Vinyl Acetate (EVA) Resins Market, By Application
7.1 Introduction
7.2 Film
7.3 Foam
7.4 Hot Melt Adhesives
7.5 Wire & Cable
7.6 Extrusion Casting
7.7 Solar Cell Encapsulation
8 Global Ethylene Vinyl Acetate (EVA) Resins Market, By End-Use Industry
8.1 Introduction
8.2 Photovoltaic Panels
8.3 Footwear
8.4 Packaging & Paper
8.5 Automotive
8.6 Pharmaceuticals
8.7 Paints, Coatings, & Adhesives
8.8 Electronics & Electrical
9 Americas’ Ethylene Vinyl Acetate (EVA) Resins Market
9.1 Introduction
9.2 Argentina
9.3 Brazil
9.4 Canada
9.5 Chile
9.6 Colombia
9.7 Mexico
9.8 Peru
9.9 United States
9.10 Rest of Americas
10 Europe’s Ethylene Vinyl Acetate (EVA) Resins Market
10.1 Introduction
10.2 Austria
10.3 Belgium
10.4 Denmark
10.5 Finland
10.6 France
10.7 Germany
10.8 Italy
10.9 Netherlands
10.10 Norway
10.11 Poland
10.12 Russia
10.13 Spain
10.14 Sweden
10.15 Switzerland
10.16 United Kingdom
10.17 Rest of Europe
11 Middle East and Africa’s Ethylene Vinyl Acetate (EVA) Resins Market
11.1 Introduction
11.2 Egypt
11.3 Israel
11.4 Qatar
11.5 Saudi Arabia
11.6 South Africa
11.7 United Arab Emirates
11.8 Rest of MEA
12 APAC’s Ethylene Vinyl Acetate (EVA) Resins Market
12.1 Introduction
12.2 Australia
12.3 Bangladesh
12.4 China
12.5 India
12.6 Indonesia
12.7 Japan
12.8 Malaysia
12.9 Philippines
12.10 Singapore
12.11 South Korea
12.12 Sri Lanka
12.13 Thailand
12.14 Taiwan
12.15 Rest of Asia-Pacific
13 Competitive Landscape
13.1 Competitive Quadrant
13.2 Market Share Analysis
13.3 Strategic Initiatives
13.3.1 M&A and Investments
13.3.2 Partnerships and Collaborations
13.3.3 Product Developments and Improvements
14 Company Profiles
14.1 Asia Polymer
14.2 BASF SE
14.3 Braskem
14.4 Celanese Corporation
14.5 China National Petroleum
14.6 Clariant AG
14.7 Dow
14.8 Exxon Mobil
14.9 Formosa Plastics
14.10 Hanwha Total Petrochemical
14.11 Ineos Group
14.12 Innospec
14.13 Lanxess
14.14 LG Chemical
14.15 Lyondellbasell Industries
14.16 Mitsui Chemicals
14.17 Nova Chemicals
14.18 Repsol
14.19 Sipchem
14.20 SK Global Chemical
14.21 Sumitomo Chemicals
14.22 Tosoh
14.23 USI
14.24 Versalis
15 Appendix
15.1 Questionnaire

Companies Mentioned

  • Asia Polymer
  • Basf SE
  • Braskem
  • Celanese Corporation
  • China National Petroleum
  • Clariant AG
  • Dow
  • Exxon Mobil
  • Formosa Plastics
  • Hanwha Total Petrochemical
  • Ineos Group
  • Innospec
  • Lanxess
  • LG Chemical
  • Lyondellbasell Industries
  • Mitsui Chemicals
  • Nova Chemicals
  • Repsol
  • Sipchem
  • SK Global Chemical
  • Sumitomo Chemicals
  • Tosoh
  • USI
  • Versalis