DUBLIN--(BUSINESS WIRE)--Jul 11, 2018--The "Ethylene Vinyl Acetate Market Report: Trends, Forecast and Competitive Analysis" report has been added to ResearchAndMarkets.com's offering.

The future of the ethylene vinyl acetate market looks attractive with opportunities in the packaging, solar, agriculture, wire & cable, footwear, and automotive industries.

The global ethylene vinyl acetate market is expected to reach an estimated $9.9 billion by 2023 with a CAGR of 4.8% from 2018 to 2023.

The major growth drivers for this market are growth in the various end use industries, and growing demand from packaging sector, especially in food and medical applications, due to its non-toxic nature.

Emerging trends, which have a direct impact on the dynamics of the ethylene vinyl acetate industry, include increasing demand for EVA in the medical industry and expansion of the solar industry.

The study includes ethylene vinyl acetate market size, and forecast for the global ethylene vinyl acetate market through 2023, segmented by application, by end use industry, by density, and region.

The research forecasts that solar will remain the largest and highest growth segment over the forecast period supported by growth in solar photovoltaic cells installation in Asia pacific region, especially in China, India, Japan, South Korea, and Taiwan.

Within the ethylene vinyl acetate market, film will remain the largest application during the forecast period due to increasing awareness about the use of solar energy, which is augmenting the demand for EVA film in photovoltaic cells. The research predicts that the demand for ethylene vinyl acetate for film is likely to experience the highest growth in the forecast period due its growing demand in the areas of solar photovoltaic cells, packaging, and agriculture.

Companies Featured

Arkema S.A. Celanese Corporation E. I. du Pont de Nemours and Company ExxonMobil Corporation Formosa Plastics Corporation Hanwha Chemical Lotte Chemical Corporation LyondellBasell Industries NV USI Corporation Versalis S.p.A.

Key Topics Covered

1. Executive Summary

2. Global Ethylene Vinyl Acetate Market Dynamics

3. Market Trends and Forecast Analysis from 2012-2023

4. Market Trends and Forecast Analysis by Region

5. Competitor Analysis

6. Cost Structure Analysis

7. Growth Opportunities and Strategic Analysis

8. Company Profiles of Leading Players

For more information about this report visit https://www.researchandmarkets.com/research/82dksq/global_ethylene?w=4

View source version on businesswire.com:https://www.businesswire.com/news/home/20180711005590/en/

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SOURCE: Research and Markets

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PUB: 07/11/2018 11:17 AM/DISC: 07/11/2018 11:17 AM