High Density Ethylene Vinyl Acetate is Projected to Be the Fastest-Growing Between 2015 and 2020


Posted October 13, 2017 by paragtk

he global ethylene vinyl acetate (EVA) market is projected to reach USD 9.71 Billion at a CAGR of 3.5% by 2020.

 
The global ethylene vinyl acetate (EVA) market size, in terms of value, is projected to reach USD 9.71 Billion by 2020, at a CAGR of 3.5% between 2015 and 2020. The high potential from the packaging and footwear & foam industry, increasing global demand for EVA in solar energy sector, and continuous expansion and merger & acquisition activities undertaken by different companies are the key factors for the growth of the global EVA market.

The report "Ethylene Vinyl Acetate Market by Type (VLEVA, LEVA, MEVA and HEVA), by End-Use Industry (Footwear & Foam, Packaging, Agriculture, Photovoltaic Panels, Pharmaceutical, and Others), by Region - Trends & Forecasts to 2020", The global ethylene vinyl acetate (EVA) market is projected to reach USD 9.71 Billion at a CAGR of 3.5% by 2020. This growth is fueled by the high potential from the packaging and solar power industry, increasing global demand for EVA in footwear & foams sector, and the growth in the Asia-Pacific region.

Browse 133 market data Tables and 56 Figures spread through 159 Pages and in-depth TOC on "Ethylene Vinyl Acetate Market by Type (VLEVA, LEVA, MEVA and HEVA), by End-Use Industry (Footwear & Foam, Packaging, Agriculture, Photovoltaic Panels, Pharmaceutical, and Others), by Region - Trends & Forecasts to 2020"

http://www.marketsandmarkets.com/Market-Reports/ethylene-vinyl-acetate-market-188576603.html

Early buyers will receive 10% customization on reports.
The medium density ethylene vinyl acetate (MEVA) is projected to be the largest and high density ethylene vinyl acetate (HEVA) is projected to be the fastest-growing type of EVA between 2015 and 2020. MEVA is the most preferred type of EVA due to its extraordinary characteristics and wide spectrum of applications in all the major industries. HEVA is projected to grow at a significant rate in future as they are being used preferably in solar energy sector. In addition, the increasing demand for HEVA in compounding and wire & cable application is also driving the market of this segment.

The footwear & foam industry is the largest end-use segment with maximum of EVA market share in 2014. Characterized with excellent impact & vibration absorption, weather & chemical resistance, acoustic & thermal insulation properties and buoyancy with low water absorption, EVA is significantly accepted as a material of choice. It is neither used as plastics nor as rubber, but is preferred in the form of foams to manufacture midsoles in the footwear industry.

Films application is the largest application in the global EVA market. This is due to the increasing usage of film in major industries, namely, footwear, packaging, solar energy, agriculture, pharmaceutical, and other sectors. Compounding and wire & cable is the fastest-growing application for the EVA market due to its excellent characteristics such as flexibility and elasticity, excellent adhesion, good low temperature resistance, good compatibility, greater solubility in organic solvents. Owing to these properties, EVA insulated cables are majorly used in the power and telecommunication sectors.

MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441

UK : 44-800-368-9399
[email protected]
-- END ---
Share Facebook Twitter
Print Friendly and PDF DisclaimerReport Abuse
Contact Email [email protected]
Issued By http://www.marketsandmarkets.com
Phone 1-888-600-6441
Business Address 630 Dundee Road Suite 430
Suite 430 Northbrook, IL 60062
Country United States
Categories Agriculture , Biotech , Medical
Tags high density ethylene vinyl acetate market
Last Updated October 13, 2017