Ethylene Vinyl Acetate Market Share

APAC Market Forecast

The Asia Pacific ethylene vinyl acetate market is set to capture a share of about 35% over the forecast period. The region is predicted to experience continuous growth throughout the projected time frame as a result of the rise of customized food packaging in the food industry, including microwave meals, snack foods, and frozen foods, as well as rising exports of this food. About 21K shipments of snack food were shipped from India by approximately 365 Indian exporters to about 761 buyers.

North American Market Analysis

The ethylene vinyl acetate market in North America is also poised to have notable growth by the end of 2035. The market demand in this region is set to rise owing to the growing e-commerce field and surging use of the internet. Since COVID-19 large number of populations in North America have started relying on online platforms for groceries and food products. Therefore, with the growing food & beverage industry in this region, the market is also set to rise.

Frequently Asked Questions (FAQ)

The major factors driving the growth of the market are growing agriculture activities, surge in use of ethylene vinyl acetate in footwear, and rise in application of ethylene vinyl acetate in packaging sector.

The market size of ethylene vinyl acetate is anticipated to attain a CAGR of 3% over the forecast period, i.e., 2023 â€“ 2035.

The major players in the market are The Dow Chemical Company, ExxonMobil Corporation, Arkema, SABIC, and others.

The high density segment is anticipated to garner the largest market size by the end of 2035 and display significant growth opportunities.

The market in the Asia Pacific region is projected to hold the largest market share by the end of 2035 and provide more business opportunities in the future.

Ethylene Vinyl Acetate Market Share