Ethylene Vinyl Acetate Market worth 4,233.9 KT by 2018
DALLAS, April 25, 2014 /PRNewswire/ –
The report, “Ethylene Vinyl Acetate Market by Type (VLEVA, LEVA, MEVA, HEVA),
Application (Film, Extrusion, Non-Extrusion, Injection Molding, Coating, Wire & Cable),
End-Uses (Shoes & Foams, Packaging, Photovoltaic Panels) by Geography – Trends & Forecasts
to 2018″, defines and segments the global Ethylene Vinyl Acetate Market with an analysis
and forecasting of its global volume and value.
Browse more than 88 market data tables with 29 figures spread through 176 pages and
in-depth TOC on “Ethylene Vinyl Acetate Market – Trends & Forecasts to 2018″
Early buyers will receive 10% customization on this report.
“Asia-Pacific: The Biggest Market of Ethylene Vinyl Acetate”
The Asia-Pacific region is the world’s largest market of ethylene vinyl acetate, with
around half of its total demand in 2012. China is the key consumer of ethylene vinyl
acetate in the Asia-Pacific. Injection molding, film, compounding and wire & cable are the
application segments, driving the demand for ethylene vinyl acetate products, which in
turn is pushing the demand for ethylene vinyl acetate within the region. The growing
industrial expansions in the region have also led to increased consumption of ethylene
vinyl acetate. The market is also growing due to high penetration of this material in
industries such as film and other extrusion which have further helped the Ethylene Vinyl
Acetate Market to emerge in the region. Various innovations, developments, and expansions
in different industries have in turn made the region a potential growth market for
ethylene vinyl acetate.
“High Density Ethylene Vinyl Acetate (HEVA) – The Fastest Growing Type; While
Compounding and Wire & Cable – The Biggest Ethylene Vinyl Acetate Application”
High density ethylene vinyl acetate is manufactured by the copolymerization of
ethylene and vinyl acetate. It contains around 25%-45% of vinyl acetate content. High
density ethylene vinyl acetate is consumed in applications such as hot melt adhesives and
injection molding. It is the fastest growing ethylene vinyl acetate form with a CAGR of
6.50% to 2018. The important growth driver for ethylene vinyl acetate is the huge economic
progress of the Asia-Pacific countries, increase in end use applications, and easy
availability of cheaper raw materials in North America and the Asia-Pacific. Compounding
and wire & cable application market for ethylene vinyl acetate has a wide scope for its
expansion, which in turn would help in increasing the consumption for high density
ethylene vinyl acetate and medium density ethylene vinyl acetate. Medium density ethylene
vinyl acetate remains the dominant type and is estimated to grow with a healthy CAGR in
the coming future. Film is the biggest application of ethylene vinyl acetate and is
anticipated to be worth $4,741.1 million by 2018.
ExxonMobil Corporation (U.S), LyondellBasell Industries NV (The Netherlands), E.I. du
Pont de Nemours & Co. (U.S.), ENI S.p.A (Italy), and China Petroleum & Chemical
Corporation (China) are some of the key manufacturers of ethylene vinyl acetate.
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