The global Ethylene-Vinyl Acetate (EVA) Packaging Market research report 2029, as published by Data bridge Market Research, provides insights into the current global outlook and key regions, examining Major Players, Countries, Product Types, and end industries. It focuses on top players in the global market and categorizes the market based on several parameters.
This Ethylene-Vinyl Acetate (EVA) Packaging market research report identifies the competitive landscape of industries, offering a comprehensive understanding of international competition. The study outlines the anticipated growth of the global market during forecast period. Compiled with a blend of static and dynamic perspectives, this research report captures the essence of the businesses views.
Data Bridge Market Research analyses that the ethylene-vinyl acetate (EVA) packaging market was valued at USD 600.00 million in 2021 and is expected to reach USD 833.86 million by 2029, registering a CAGR of 4.20 % during the forecast period of 2022 to 2029.
Top Companies in the Global Ethylene-Vinyl Acetate (EVA) Packaging Market:
Dow (U.S.), DuPont (U.S,); BASF SE (Germany), 3M (U.S.), Merck KGaA (Germany), LyondellBasell Industries N.V. (Netherlands), Hexion (U.S.), Atul Ltd (India), New Japan Chemical Co. Ltd. (Japan), Aditya Birla Chemicals (India), Kukdo Chemicals Co. Ltd. (South Korea), Anhui Xinyuan Chemical Co. Ltd. (China), S.I.R. Industriale (Italy), LANXESS (U.S.), Nagase America Corporation (U.S.), Huntsman Corporation L.L.C (U.S.), Mitsubishi Chemical Holdings Corporation (Japan), Milliken & Co group (U.S.), Olin Corporation (U.S.), Solvay (Belgium), among others.
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Market Segmentation:
The ethylene-vinyl acetate (EVA) packaging market is segmented on the basis of type and grade. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Type
- Very low-density
- Low-density
- Medium-density
- High-density EVA
Grade
- Below 18% VA
- 18% VA, 28% VA
- Above 28% VA
Geographically, the detailed analysis of consumption, revenue, market share, and growth rate of the following regions:
– Middle East and Africa (South Africa, Saudi Arabia, UAE, Israel, Egypt, etc.)
– North America (United States, Mexico & Canada)
– South America (Brazil, Venezuela, Argentina, Ecuador, Peru, Colombia, etc.)
– Europe (Turkey, Spain, Turkey, Netherlands Denmark, Belgium, Switzerland, Germany, Russia UK, Italy, France, etc.)
– Asia-Pacific (Taiwan, Hong Kong, Singapore, Vietnam, China, Malaysia, Japan, Philippines, Korea, Thailand, India, Indonesia, and Australia).
Asia-Pacific dominates the ethylene-vinyl acetate (EVA) packaging market in terms of market share during the forecast period. This is due to the increasing demand for ethylene-vinyl acetate (EVA) packaging in this region. The Asia-Pacific region leads the ethylene-vinyl acetate (EVA) packaging market due to increasing investment in infrastructure along with rapid industrialization in this region.
During the expected period, North America is expected to be the fastest developing region the growing regional packaging industries in this region.
The country section of the report also provides individual market impacting factors and changes in market regulation that impact the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
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https://www.databridgemarketresearch.com/reports/global-ethylene-vinyl-acetate-eva-packaging-market
Market Dynamics
Drivers
- Rising demand due to beneficial properties
Ethylene-vinyl acetate (EVA) Packaging is a copolymer of ethylene and vinyl acetate due to this it produces rubber like flexible and soft material. The key properties of EVA such as resistance, flexibility, resilience, toughness, and transparency have increased its preference in the packaging industry for the packaging of products expected to drive the market growth rate.
- Rising demand for food and medical packaging
Ethylene-vinyl acetate (EVA) is mainly used for packaging an extensive range of food and medical products. The Increasing demand for flexible packaging mainly for the food industry due to its store, carry, transport, and reseal, reduced wastage, lightweight, easy to open, among others, is expected to promote the market growth rate of ethylene-vinyl acetate (EVA).
Opportunities
- Rising demand for bio-based material
Increasing awareness among people towards the usage of environment-friendly, eco-friendly and bio-based ethylene-vinyl acetate products for packaging due to environmental concern are expected to drive the growth of the ethylene-vinyl acetate (EVA) packaging market.
Moreover, growth in strategic collaborations and increase in emerging new markets will act as market drivers, further increasing beneficial opportunities for the market's growth rate.
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