Asia Pacific Ethylene Vinyl Acetate (EVA) demand stood at 2.76 Million Tonnes in 2020 and is forecast to reach 4.016 Million Tonnes by 2030, growing at a healthy CAGR of 4.13% until 2030. Demand for Ethylene Vinyl Acetate (EVA) is highest in the Asia Pacific as the region accounts for more than 60% of the global market share. The rising demand for Ethylene Vinyl Acetate (EVA) in the footwear industry and packaging industry is contributing to the significant market growth of EVA. Most of the European and American footwear companies rely on Asian countries for the manufacturing of their end-products, which further adds to the demand for EVA in the region. Besides, EVA copolymers find diverse applications in packaging, textile, bookbinding, bonding plastic films, metal surfaces, plasters, and cement renders. Thus, increasing commercial and urbanization activities in the Asia-Pacific region are adding to the growth of Ethylene Vinyl Acetate (EVA) during the forecast period. The COVID-19 pandemic disrupted the regional economy due to restricted mobility, temporary bans on the production of non-essential items, and reduced exports, which affected the demand for Ethylene Vinyl Acetate (EVA) significantly. However, with increasing industrialization and construction activities, the demand for the chemical is expected to bounce back in usual volumes.
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Years Considered for Analysis:
Historical Years: 2015 – 2019
Base Year: 2020
Estimated Year: 2021
Forecast Period: 2022 – 2030
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? Installed Capacity By Company: Installed capacity at a regional level along with the individual capacity of leading players
? Installed Capacity By Location: Installed capacity at country level
? Installed Capacity By Process: Installed capacity by different processes
? Installed Capacity By Technology: Installed capacity by different technologies being used to produce Ethyl Vinyl Acetate Chemicals
? Production By Company: Actual production done by different companies
? Operating Efficiency By Company: Operating efficiency at which different companies are operating their plants
? Demand By End Use: Demand/Sale of Ethyl Vinyl Acetate Chemicals in different end-user industries across the region
? Demand By Sales Channel: Demand/Sale of Ethyl Vinyl Acetate Chemicals by different sales channels across the region
? Demand By Country: Demand/Sale of Ethyl Vinyl Acetate in different countries of the region - China, India, Japan, South Korea, Malaysia, Indonesia, Rest of APAC
? Foreign Trade Country wise: Foreign trade by each country
? Demand & Supply Gap: Demand & Supply Gap at country level
? News & Deals: Historical & Current News & Deals in Ethyl Vinyl Acetate Chemicals market
To extract data for Asia Pacific Ethylene Vinyl Acetate (EVA) market, the ChemAnalyst team conducts primary research surveys with Ethylene Vinyl Acetate (EVA) manufacturers, suppliers, distributors, wholesalers, and customers, followed by exhaustive secondary research to cross-validate the information being collected through primary research surveys.