Global Ethylene Copolymers Market, By Copolymer Type (Ethylene Vinyl Acetate (EVA), Ethylene Ethyl Acrylate (EEA), Ethylene Methyl Acrylate (EMA), Ethylene Butyl Acrylate (EBA), Ethylene Propylene (EP), Others), End-User (Packaging, Building & Construction, Automotive, Textiles, Others) Application (Hot Melt Adhesives, Asphalt Modification, Thermo Adhesive Films, Others), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2028
Ethylene copolymers market will reach at an estimated value of USD 55.43 billion and grow at a CAGR of 3.40% for the forecast period of 2021 to 2028. Increasing awareness about waste packaging and recycling is a vital factor driving the growth of ethylene copolymers market.
Ethylene is a type of versatile compound that can be combined with many other compounds or polymers to produce different synthetic copolymers used for diverse applications. Complex copolymers are manufactured using numerous chemical processes. These copolymers possess excellent mechanical cohesion and adhesion properties and are tough and flexible polymers and easy to process. They are used in an extreme range of applications in several industries.
Rising packaging and automotive industries all over the globe is the vital factor escalating the market growth, also increased profit margin, increase in research and development activities for technical and equipment development, and innovative products in companies, rising inherent advantages of ethylene copolymers, increasing demand for plant-derived beverages and lactose-free drinks, rising packaging recyclability and cost benefits, in terms of ambient storage and shipping and rising demand of the product from the numerous end-user industries are the major factors among others driving the ethylene copolymers market. Moreover, rising research and development activities in the market and rising modernization and technological advancements in the production techniques will further create new opportunities for the ethylene copolymers market in the forecast period of 2021- 2028.
However, rising volatility in the raw material prices is the vital factor among others acting as a restraint, and will further challenge the growth of ethylene copolymers market in the forecast period mentioned above.
This ethylene copolymers market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographical expansions, technological innovations in the market. To gain more info on ethylene copolymers market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Ethylene Copolymers Market Scope and Market Size
Ethylene copolymers market is segmented on the basis of copolymer type and application. The growth amongst the different segments helps you in attaining the knowledge related to the different growth factors expected to be prevalent throughout the market and formulate different strategies to help identify core application areas and the difference in your target markets.
- Based on copolymer type, the ethylene copolymers market is segmented into ethylene vinyl acetate (EVA), ethylene ethyl acrylate (EEA), ethylene methyl acrylate (EMA), ethylene butyl acrylate (EBA), ethylene propylene (EP) and others. The ethylene vinyl acetate (EVA) copolymers segment is the leading segment and is anticipated to dominate the market due to its versatility and application in a wide range of industries.
- Based on end-user, the ethylene copolymers market is segmented into packaging, building & construction, automotive, textiles and others. Packaging has been further segmented into food and beverage, cosmetics, health care, freeze, and aseptic packaging.
- The ethylene copolymers market is also segmented on the basis of application into hot melt adhesives, asphalt modification, thermo adhesive films and others.
Ethylene Copolymers Market Country Level Analysis
Ethylene copolymers market is analysed and market size, volume information is provided by country, copolymer type and application as referenced above.
The countries covered in the ethylene copolymers market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
Asia-Pacific and North America dominates the ethylene copolymers market due to rising presence of major players in food & beverage and consumer goods industries in the U.S. and Canada, increase in health care and cosmetics packaging industries, rising presence of international players, escalating manufacturing capacities, and rising demand for food in these regions. Europe is the expected regions in terms of growth in ethylene copolymers market due to increasing inherent advantages of ethylene copolymers, increasing demand for plant-derived beverages and lactose-free drinks and rising packaging recyclability in this region.
The country section of the ethylene copolymers market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, 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.
Competitive Landscape and Ethylene Copolymers Market Share Analysis
Ethylene copolymers market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to ethylene copolymers market.
The major players covered in the ethylene copolymers market report are BASF SE, Celanese Corporation, Dow, Exxon Mobil Corporation, N SHASHIKANT & CO., Benson Polymers Limited, Dycon Chemicals, Triveni chemicals, AVH Polychem Private Limited., Sushila Parmar International Pvt. Ltd, Amatya Impex Private Limited., Jai Chemicals., Trinity Pigment Industries, Khushi Enterprises LANXESS, LyondellBasell Industries Holdings B.V, Sipchem and USI Corporation, among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
Customization Available : Global Ethylene Copolymers Market
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