Ethylene vinyl acetate is the most common polymer used in hot melt adhesives for packaging applications and manufacturing of footwear’s. Global demand for EVA has registered a steady increase over the last decade, driven primarily by the applications in solar panels as encapsulant, tube coatings and biomedical applications as a drug delivery device.
This report analyses the global market for Ethylene Vinyl Acetate. The report will enable the user to understand and gain insights into the current and forecast market situation. The market is comprehensively analyzed by geography to give complete information on the global scenario. The qualitative and quantitative data provided in this study can help user understand which market segments, regions are expected to grow at higher rates, factors affecting the market and key opportunity areas. The report also includes competitive landscape of key players in the industry along with emerging trends in the market.
This Ethylene Vinyl Acetate market report provides insights on new trade regulations, import export analysis, industry value chain analysis, market size, consumption, production analysis, regional and segment market share, product launches, product pipeline analysis, impact of Covid-19 on supply chain, key regions, untapped markets, patent analysis, product approvals, continuous innovations and developments in the market.
Asia Pacific Dominates the global ethylene vinyl acetate market. The growth is primarily driven by rapidly growing manufacturing sector in China, India and other Southeast Asian countries. EVA based foams and sole are widely used in footwear manufacturing. Asia Pacific is one of the largest footwear producing hubs where China, Vietnam and Indonesia are important contributors. Asia Pacific contributes nearly 80% of world footwear production. China is the leading producer of footwear’s. 6 out of every 10 pairs of shoes sold in the world are produced in China. Further, demand for ethylene vinyl acetate in the region is predicted to grow in other sectors such as packaging, solar energy to produce solar panels.
The ethylene vinyl acetate polymers are widely used in manufacturing of hot melt adhesives and footwear. Ethylene vinyl acetate polymers are also used in manufacturing of toys, tubing, gaskets, wire coatings, drum liners and carpet backing. These days most of the running and casual shoes are produced using EVA. Premium footwear brands such as Timberland, Teva, Keen and Patagonia are also adopting EVA based soles in manufacturing for their unique properties. However, fluctuating prices of raw materials, high manufacturing cost, regulatory concerns are limiting the growth of global Ethylene vinyl acetate market. Technological advancements in development of new products with higher flexibility and thermal efficiencies will offer profitable opportunities for the market in forecast period. Several companies in industry are offering customised ethylene vinyl acetate polymers For instance, in 2018 Braskem brasil based company launched new renewable bio-based EVA resin for New Zealand-American based footwear company Allbirds.
Market Segmentation •Type oVery low density EVA oLow density EVA oMedium density EVA oHigh density EVA •Application oExtrusion Casting oFilm oFoam oHot Melt Adhesives oSolar Cell Encapsulation oWire & Cable •End User oAutomotive oElectronics & Electrical oFootwear oPackaging & Paper oPaints, Coatings, & Adhesives oPharmaceutical oPhotovoltaic Panels oOthers Report Coverage •An overview of the global Ethylene Vinyl Acetate market •In depth analysis of market dynamics and major factors such as drivers, restraints, opportunities and trends influencing the global market •Global Ethylene Vinyl Acetate market revenue data historic and forecast analysis (2016 to 2026) •Characterization and quantification of the market segments for Ethylene Vinyl Acetate market •Market share analysis of key market participants and their competitive landscape
Inquire Here: https://industryresearchplace.com/enquiry-now/ODc3ODY= Important Questions Answered by Global Ethylene Vinyl Acetate Market Report •What is the impact of COVID 19 epidemic on the global Ethylene Vinyl Acetate market? •Which is mostly affected region, country? •Which is the current largest and fastest-growing region? •What is the market size and growth rate of the global Ethylene Vinyl Acetate market? •What are current factors affecting the growth of market? •What are Key trends and opportunity areas? •Within Ethylene Vinyl Acetate market, which segments are fastest growing & emerging strongly? What are the drivers and restraints for each segment? What are vendor competencies by segment? •What are the major strategies adopted by leading market companies? •What are company challenges and essential success factors by market segment? •How company offerings and supply chain capabilities are shifting to meet emerging market needs? About Industry Research Place
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