Ethylene Vinyl Acetate Market was valued at US$ 7.34 Bn. in 2021 and the total Ethylene Vinyl Acetate revenue is expected to grow at 6.5% from 2022 to 2029, reaching nearly US$ 12.15 Bn.
The Maximize Market Research has published a global market intelligence and research report on Ethylene Vinyl Acetate Market on 23th November 2022. Leading analyst at Maximize Market research has said that North America held the largest market share of 38% in 2021 and is expected to keep its dominance in forecast period. However, market opportunities for Ethylene Vinyl Acetate are increasing in developing economies in APAC region and India, Malaysia. Bangladesh, Vietnam are lucrative opportunities for the key players in the industry.
Ethylene Vinyl Acetate Market was valued at US$ 7.34 Bn. in 2021 and the total Ethylene Vinyl Acetate revenue is expected to grow at 6.5% from 2022 to 2029, reaching nearly US$ 12.15 Bn.
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Market Scope And Research Methodology:
The report covers the 30 countries from all five continents. Bottom up approach has been used to collect, analyse the data, which has helped research analyst to give micro details of the local market in the report. Even though this is global report, local level market dynamics are covered in the report. Primary and secondary , both the techniques are used to collect the data. Having said this, more focus was on secondary data base since paid, government sources are used to collect the secondary information. Company’a annual reports are used to collect the data, however, if company’s annual reports are not available, data is purchased from the different sources available in each country, tha include each country’s tax department. Primary interviews are done with executives from key players, market experts and consultants in each country.
To validate the market size and estimate the market size by different segments, top-down and bottom-up methodologies are utilized. The report's market estimates are based on the sale price (excluding any discounts provided by the manufacturer, distributor, wholesaler, or traders). The percentage splits, market shares, and segment breakdowns are calculated using weights allocated to each segment based on their utilization rate and average sale price. The percentage adoption or usage of the given market Size in the corresponding area or nation is used to calculate the country-wise splits of the overall market and its sub-segments
Ethylene Vinyl Acetate Market Overview:
Objective of the competitive intelligence and market study is to give comprehensive analyse of Ethylene Vinyl Acetate market and industry to the users. The report has studied and analysed local, regional manufacturing dynamics, cost advantages of location, supply chain and local as well as regional market for the key players. Report has also covered the availability of supplier the cost analysis of final product manufactured with the advantages to players.
Segmentation:
The vinyl acetate modified polyethylene type segment controlled more than% of worldwide sales in 2021, dominating the market. This significant amount can be attributed to the product's properties, such as its low molecular weight, which makes it a viable packaging material for consumer products, food & drinks, and industrial packaging applications. Vinyl acetate is a minor component of the vinyl acetate modified polyethylene (EVA copolymer). It is mostly used to make foam blister packs, insulating foams, football shoe bottoms, pipes, adhesives, and other items. The ability of the material to form a moisture and gas barrier is what drives demand for it in a range of applications. The photovoltaic cell application category led the market in 2021 and accounted for more than xx% of all sales.
Key Players:
Due to the limitations of giving profiles of all the players, companies for profiling sections are chosen on different parameters like market leader, local leaders, innovative companies. Profiling section of the report covers the competitive benchmarking of key players by region. Benchmarking is done on market presence, dominance pricing, penetration in end use application, market share, recent expansions, M&A.
Even though all the players in the industry are not profiled, it is taken caret that while estimating market size not a single player in scope area is missed out of consideration. “Profiles of additional companies can be provided on request”, said Sr. Research Analyst at MMR.
The major players covered in the Ethylene Vinyl Acetate market report are:
• BASF SE
• Exxon Mobil Corporation
• The Dow Chemical Company
• Formosa Plastic Corporation
• Celanese Corporation
• Hanwha Total Petrochemical Co. Ltd.
• LyondellBasell Industries N.V.
• ARLANXEO Holding B.V.
• Braskem S.A.
• Asia Polymer Corporation
• Arkema Group
• Clariant AG
• Hanwa Solution Chemical Division Corporation.
• Sumitomo Chemical
• Others
Regional Analysis:
Global, North America, Europe, Asia-Pacific, the Middle East, Africa, and South America market share statistics are accessible individually. Analysts at Maximize evaluate competitive strengths and conduct competitive analysis for each competitor individually.
Key Questions Answered in the Ethylene Vinyl Acetate Market Report are:
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Nov 23, 2022