[Online Quarterly Update] MEA Ethyl Vinyl Acetate chemicals demand stood at 0.32 Million Tonnes in 2020 and is forecast to reach 0.47 Million Tonnes by 2030, growing at a healthy CAGR of 4.01% until 2030. Ethylene Vinyl Acetate is a copolymer of vinyl acetate (10-40%) and ethylene. EVA market is segmented into four broad categories such as Below 18% VA, 18% VA and 28% VA and above 28% depending on the VA content. Ethylene vinyl acetate (EVA) is an elastomeric copolymer that has properties of a rubber and exhibits the properties of stress-crack resistance, low-temperature toughness, resistance to UV radiation, and high flexibility. It also being adopted by various companies as an alternative to rubber and vinyl polymers in various applications. The major applications of Ethylene vinyl acetate are Adhesives, Solar Cell Encapsulation, Film, Foam, Wires and Cables and others. With the growing population and per capita income, the demand for comfortable and expensive footwear products has increased. Hence, demand from Footwear industry for EVA is expected to drive its market in the MEA region. Also, the demand for packaged goods has expanded exponentially with the increasing e-commerce activities and growing urban population. Besides, the increasing demand of EVA from the packaging industry and the rising awareness regarding the renewable energy resources, the usage of the chemical in the solar power sector has increased and are likely to drive Ethyl Vinyl Acetate chemicals market growth during the forecast period.
The COVID-19 outbreak led to a major disruption in the regional economy, which negatively impacted the EVA chemical market. However, as the world is slowly recovering from the pandemic effects, there has been a rise in industrialization and commercial activities, which is likely to propel the Middle East and Africa Ethylene Vinyl Acetate (EVA) market during the forecast period.
Some of the major players operating in the global Ethylene Vinyl Acetate market are Braskem, Celanese, Dairen Chemical, Dow, Dupont-Mitsui Polychemicals, ENI Versalis S.p.A., ExxonMobile, Formosa Plastic Corporation.
Years Considered for Analysis:
Historical Years: 2015–2019
Base Year: 2020
Estimated Year: 2021
Forecast Period: 2022–2030
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Objective of the Study:
• The primary objective of the study was to evaluate and forecast Ethylene Vinyl Acetate (EVA) capacity, production, demand, the demand-supply gap in MEA.
• To categorize Ethylene Vinyl Acetate (EVA) demand based on end use, type, sales channel, and region.
• To study trade dynamics and company share in the MEA Ethylene Vinyl Acetate (EVA) market.
• To identify major customers of Ethylene Vinyl Acetate (EVA) in MEA.
• To identify and profile major companies operating in the MEA Ethylene Vinyl Acetate (EVA) market.
To extract data for Middle East and Africa (MEA) Ethylene Vinyl Acetate market, primary research surveys were conducted with Ethylene Vinyl Acetate manufacturers, suppliers, distributors, wholesalers and end users. While interviewing, the respondents were also inquired about their competitors. Through this technique, ChemAnalyst was able to include manufacturers that could not be identified due to the limitations of secondary research. Moreover, ChemAnalyst analyzed various end user segments and projected a positive outlook for MEA Ethylene Vinyl Acetate market over the coming years.
ChemAnalyst calculated Ethylene Vinyl Acetate demand globally by analyzing the historical data and demand forecast which was carried out considering imported Ethylene Vinyl Acetate (EVA), prices, materials used for production of EVA. ChemAnalyst sourced these values from industry experts and company representatives and externally validated through analyzing historical sales data of respective manufacturers to arrive at the overall market size. Various secondary sources such as company websites, association reports, annual reports, etc., were also studied by ChemAnalyst.
Key Target Audience:
• Ethylene Vinyl Acetate (EVA) manufacturers and other stakeholders
• Organizations, forums, and alliances related to Ethylene Vinyl Acetate (EVA) distribution
• Government bodies such as regulating authorities and policymakers
• Market research organizations and consulting companies
The study is useful in providing answers to several critical questions that are important for industry stakeholders, such as Ethylene Vinyl Acetate (EVA) manufacturers, distributors, and policymakers. The report also provides useful insights about which market segments should be targeted over the coming years to strategize investments and capitalize on growth opportunities.
Deliverables
Installed Capacity By Company
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Installed capacity at a regional level along with the individual capacity of leading players
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Installed Capacity By Location
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Installed capacity at country level
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Installed Capacity By Technology
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Installed capacity by different technologies being used to produce Ethyl Vinyl Acetate
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Production By Company
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Actual production done by different companies
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Operating Efficiency By Company
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Operating efficiency at which different companies are operating their plants
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Demand By End Use
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Demand/Sale of Ethyl Vinyl Acetate in different end-user industries across the region
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Demand By Sales Channel
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Demand/Sale of Ethyl Vinyl Acetate by different sales channels across the region
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Demand By Region
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Demand/Sale of Ethylene Vinyl Acetate in different regions of the country
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Country-Wise Exports
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Exports of Ethylene Vinyl Acetate by Different Countries
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Country-Wise Imports
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Imports of Ethylene Vinyl Acetate by Different Countries
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Foreign Trade Country wise
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Foreign trade by each country
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Demand & Supply Gap
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Demand & Supply Gap at country level
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Market Share of Leading Players
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Revenue shares of leading players in the region.
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