North America Ethylene-Vinyl Alcohol Copolymer (EVOH) Packaging Films Market, By Ethylene Content (Ethylene Content (Mol%) Below 29, Ethylene Content (Mol%) 29-35, Ethylene Content (Mol%) 35-38, Ethylene Content (Mol%) 38-44, Ethylene Content (Mol%) Above 44), Application (PE/TIE/EVOH/TIE/PE, PAT/PE/TIE/EVOH/TIE/EVA, PE/TIE/EVOH/TIE/EVA, PE/TIE/PA/EVOH/PA/TIE/PE, PA/EVOH/PA/TIE/LONMER, PA/EVOH/PA/TIE/PE), End-Use (Food, Personal Care & Cosmetics, Household, Pharmaceutical, Industrial, Others) - Industry Trends and Forecast to 2031.
North America Ethylene-Vinyl Alcohol Copolymer (EVOH) Packaging Films Market Analysis and Size
EVOH film for packaging has antistatic properties which ensures that dust particles in the atmosphere do not settle down on the packaging to prevent fungal growth that spoils the natural aroma and taste of products in the container. Due to heightened awareness regarding cleanliness to limit the spread of the virus the demand for packaging that maintains hygiene of products placed in the container is expected to rise. This in turn is expected to surge the demand for EVOH film in the packaging market.
Data Bridge Market Research analyzes that the North America ethylene-vinyl alcohol copolymer (EVOH) packaging films market is expected to reach USD 1.85 billion by 2031, which is USD 1.26 billion in 2023, registering a CAGR of 4.81% during the forecast period of 2024 to 2031.
The " ethylene content (Mol%) above 44)," segment dominates market due to films with a higher EVOH content providing superior barrier properties, making them highly effective in preventing the permeation of gases such as oxygen and moisture.
In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, and consumer behavior.
North America Ethylene-Vinyl Alcohol Copolymer (EVOH) Packaging Films Market Scope and Segmentation
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Report Metric
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Details
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Forecast Period
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2024 to 2031
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Base Year
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2023
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Historic Years
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2022 (Customizable to 2016-2021)
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Quantitative Units
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Revenue in USD Billion, Volumes in Units, Pricing in USD
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Segments Covered
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By Ethylene Content (Ethylene Content (Mol%) Below 29, Ethylene Content (Mol%) 29-35, Ethylene Content (Mol%) 35-38, Ethylene Content (Mol%) 38-44, Ethylene Content (Mol%) Above 44), Application (PE/TIE/EVOH/TIE/PE, PAT/PE/TIE/EVOH/TIE/EVA, PE/TIE/EVOH/TIE/EVA, PE/TIE/PA/EVOH/PA/TIE/PE, PA/EVOH/PA/TIE/LONMER, PA/EVOH/PA/TIE/PE), End-Use (Food, Personal Care & Cosmetics, Household, Pharmaceutical, Industrial, Others)
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Countries Covered
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U.S., Canada, Mexico
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Market Players Covered
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Schur Flexibles Holding GesmbH (Austria), Coveris (U.K.), Mitsubishi Chemical Holdings Corporation (Japan), KURARAY CO., LTD. (Japan), KUREHA CORPORATION (Japan), Arkema (France), Chang Chun Group (Taiwan), ProAmpac (U.S.), MULTIFLEX FOLIEN GMBH & CO. KG (Germany), Vishakha Polyfab Pvt Ltd (India), International Plastic Engineering Co., Ltd (China), Verpackungen GmbH (Germany), Shpusite Packaging Materials (Shanghai) Co., Ltd (China), Plastissimo Film Co., Ltd (China), Zhongsu New Materials Technology (Hangzhou) Co., Ltd (China)
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Market Opportunities
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Market Definition
Ethylene-vinyl alcohol copolymer or EVOH is a flexible, crystal clear, and glossy thermoplastic copolymer with excellent flex-crack resistance, and very high resistance to hydrocarbons, oils, and organic solvents. It also has some of the best barrier properties to gases such as oxygen, nitrogen, and carbon dioxide making it especially suited for packaging of food, drugs, cosmetics, and other perishable or delicate products to extend shelf life. In comparison with many other common films, EVOH has superior barrier properties.
North America Ethylene-Vinyl Alcohol Copolymer (EVOH) Packaging Films Dynamics
Drivers
- Shifting Consumer Preference Towards the Flexible Packaging
The packaging industry across the globe has been witnessing rising demand from food and beverages, pharmaceuticals & healthcare products, and cosmetics & personal care among others for their products to be packed in flexible packaging. EVOH packaging films offer various other properties as well in addition to their flexible nature such as cost-effectiveness, high seal strength, displaying, and easy transportation. Moreover, these films offer excellent benefits for packaging, such as extending shelf life and limiting product losses, which makes the adoption of EVOH films widespread across the packaging industry. These will boost its demand in the market and will lead to the growth of the EVOH packaging films market
- Customer-Friendly and Sustainable Nature of EVOH Packaging Films
The rising demand for organic products that do not make use of any synthetic elements and are perishable is expected to drive the demand for EVOH films for packaging. In addition, EVOH is resistant to oil and organic solvents which makes it the right choice to store edibles and food items for longer duration. Unlike PVDC, EVOH films do not contain any harmful elements such as chlorine, metals, and dioxins, which may cause endocrinological disorders in humans and also harm the surroundings. Therefore, EVOH films are environment-friendly and a recyclable product that causes very little harm to the environment. These nature-friendly properties of EVOH packaging films will drive the demand for the material and will boost the market.
- Extensive Barrier and Antistatic Properties of EVOH Packaging Films
Rising industrial applications of barrier packaging materials are triggering demand for raw materials with highly specialized properties among market players in the EVOH packaging films market. This has led many companies to focus on undertaking strategic decisions to gain competitive market share in the market. These properties in turn are expected to increase the demand for durable EVOH packaging films that preserve the quality of products for extensive durations, by acting as a barrier to different gases and dust particles present in the atmosphere
Opportunities
- Rising Consumer Inclination Towards Green and Sustainable Packaging
Due to the low odor, high chemical resistance, and inertness, many EVOH grades are suitable for food, medical, and pharmaceutical packaging applications under FDA regulations. Thus, the growing demand for green and sustainable high barrier packaging films such as EVOH packaging films is expected to create lucrative opportunities the market.
- Rising Demand of Innovative Packaging Solutions in the Food and Beverage Industry
High use of EVOH in the food and beverage industry, especially to avoid food contamination, is expected to be an important opportunity to fuel the demand in the EVOH packaging films market. Moreover, these EVOH films can be easily molded into sheets, tubes, or bottles for their excellent barrier effect against gases and organic liquids. The need for innovative packaging solutions in the food and beverage along with other industries to attract environmentally-conscious consumers is foreseen to further augment the demand for EVOH packaging films worldwide.
Restraints/Challenges
- Availability of Alternative which Induced the Consumers
The rising number of environmentally conscious consumers and manufacturers making a shift towards paper packaging solutions may hinder in the demand for EVOH packaging films market in the near future. Increasing availability of numerous alternative products to EVOH films, such as PE lamination, paper products and met-PET films for customers may limit the growth in this market
- Poor Adhesion Characteristics of EVOH Resins
EVOH resins have very poor adhesion so use of modified polyolefin adhesive resins is done to bond the EVOH layer to the adjacent layer in co-extrusion. Therefore, there is a need for EVOH resins to be processed on commercially available equipment using various processes such as co-extrusion coating for film and paper, co-extrusion film laminating, co-injection stretch blow molding, monolayer blown and cast film extrusion, powder coating and many more. This also affects the properties of EVOH films as similar to other extrusion polymers, EVOH resins can easily degrade by prolonged exposure to thermal energy, both drying and extrusion processing
This ethylene-vinyl alcohol copolymer (EVOH) packaging films market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized 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, geographic expansions, technological innovations in the market. To gain more info on the ethylene-vinyl alcohol copolymer EVOH packaging films market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Recent Developments
- In April 2022, Kuraray Co., Ltd has been included in the ESG (environmental, social and governance) investment indexes: FTSE Blossom Japan Sector Relative Index designed by the North America index provider FTSE Russell.This makes the company a constituent of all of the ESG investment indexes for Japanese stocks adopted by Japan’s Government Pension Investment Fund (GPIF). This sustainability initiative will increase company reputation in the market
- In February 2022, Arkema acquired Ashland’s Performance Adhesives business, which is a first-class leader in high performance adhesives in the U.S. This operation is a major step in Arkema’s strengthening its Adhesive Solutions segment. This acquisition will bring more opportunity for the company and increases its market growth
- In December 2021, Mitsubishi Chemical Holdings Corportion is recognized as a North America leader in sustainable water management and has been awarded a position on the year’s Water A List, which is the highest rating in the CDP Water Security 2021.The Water A List is comprised of 118 companies out of a total of 12,000 surveyed around the world. This enhances the company’s image in the North America market
North America Ethylene-Vinyl Alcohol Copolymer (EVOH) Packaging Films Market Scope
The ethylene-vinyl alcohol copolymer (EVOH) packaging films market is segmented on the basis of ethylene content, application and end-use. 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.
Ethylene Content
- Ethylene Content (Mol%) Below 29
- Ethylene Content (Mol%) 29-35
- Ethylene Content (Mol%) 35-38
- Ethylene Content (Mol%) 38-44
- Ethylene Content (Mol%) Above 44
North America Ethylene-Vinyl Alcohol Copolymer (EVOH) Packaging Films Market Regional Analysis/Insights
The ethylene-vinyl alcohol copolymer (EVOH) packaging films market is analyzed and market size insights and trends are provided by country, categorized based on ethylene content, application and end-use as referenced above.
The countries covered in the market report are U.S., Canada, and Mexico.
U.S. is expected to dominate the market due to the presence of major key players and well-developed food and packaging industry in the country. Canada is expected to be the fastest growing country in the region due to rising demand for the flexible packaging solutions and inclining trends towards the ecofriendly packaging solutions.
The country section of the 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 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 North America 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.
Extensive Barrier and Antistatic Properties of EVOH Packaging Films
The ethylene-vinyl alcohol copolymer (EVOH) packaging films also provides you with detailed market analysis for every country growth in expenditure for capital equipment, installed base of different kind of products for ethylene-vinyl alcohol copolymer (EVOH) packaging films market, impact of technology using life line curves and changes in regulatory scenarios and their impact on the ethylene-vinyl alcohol copolymer (EVOH) packaging films market. The data is available for historic period 2010-2020.
Competitive Landscape and North America Ethylene-Vinyl Alcohol Copolymer (EVOH) Packaging Films Market Share Analysis
The ethylene-vinyl alcohol copolymer (EVOH) packaging films 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, North America 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-vinyl alcohol copolymer (EVOH) packaging films market.
Some of the major players operating in the ethylene-vinyl alcohol copolymer (EVOH) packaging films market are:
- Schur Flexibles Holding GesmbH (Austria)
- Coveris (U.K.)
- Mitsubishi Chemical Holdings Corporation (Japan)
- KURARAY CO., LTD. (Japan)
- KUREHA CORPORATION (Japan)
- Arkema (France)
- Chang Chun Group (Taiwan)
- ProAmpac (U.S.)
- MULTIFLEX FOLIEN GMBH & CO. KG (Germany)
- Vishakha Polyfab Pvt Ltd (India)
- International Plastic Engineering Co., Ltd (China)
- Verpackungen GmbH (Germany)
- Shpusite Packaging Materials (Shanghai) Co., Ltd (China)
- Plastissimo Film Co., Ltd (China)
- Zhongsu New Materials Technology (Hangzhou) Co., Ltd (China)
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