Ethylene vinyl
acetate (EVA) is formed by the copolymerization of ethylene and vinyl acetate.
It has excellent toughness property. When EVA is forged into a porous material,
it acts similar to rubber due to its elastic property. EVA when compared with
low-density polyethylene (LDPE) is three times more flexible. This material has
various properties, such as low-temperature toughness, stress-crack resistance,
ultraviolet radiation resistance, good barrier properties, and hot-melt
adhesive waterproof properties.
Analysts forecast
the Global Ethylene
Vinyl Acetate market to grow at
a CAGR of 8.81 percent over the period 2013-2018.
The report
recognizes the following companies as the key players in the Global Ethylene
Vinyl Acetate Market: China Petroleum and Chemical Corp. (Sinopec), E.I. du
Pont de Nemours & Co., ENI S.P.A., ExxonMobil Chemical Corp. and
LyondellBasell Industries NV.
Other Prominent
Vendors in the market are: Arkema, Asia Polymer, Braskem, Bridgestone Americas,
Celanese, Cereplast, China Shenhua Coal to Liquid and Chemical, Formosa
Plastics, Dow Chemical, Hanwa Chemical, Honam Petrochemical, Jiangsu Shenghong
Group, KraussMaffei Group, Lanxess, Polymedex Discovery Group, Repsol, Samsung
Total Petrochemicals, Saudi Aramco, Saudi International Petrochemical, Shenhua
Group, Solutia, Sumitomo and TPI Polene Public.
One key trend
upcoming in this market is technological advancements. Technological
innovations are expected to increase the market penetration of EVA and make it
suitable for numerous applications.
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Covered in this Report
The Global Ethylene
Vinyl Acetate market can be segmented into the following based on type: VLEVA,
LEVA, MEVA, and HEVA. LEVA and HEVA are the fast growing types of EVA.
Global Ethylene
Vinyl Acetate Market 2014-2018, has been prepared based on an in-depth market
analysis with inputs from industry experts. The report covers the Americas, and
the EMEA and APAC regions; it also covers the Global Ethylene Vinyl Acetate
market landscape and its growth prospects in the coming years. The report also
includes a discussion of the key vendors operating in this market.
According to the
report, the most important factor driving market growth is the huge economic
progress in the Asia Pacific region because of the effectiveness of these
products in the end-user segments. The APAC region is the largest consumer of
EVA globally, and China is the key consumer.
Further, the report
states that one of the major challenges confronting the market is low density
polyethylene as a substitute for EVA. LDPE is a cheap substitute for EVA
and can be widely used in the foam market.
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