Ethylene vinyl acetate (EVA) is formed by the copolymerization of ethylene and vinyl acetate and has brilliant properties of toughness. When transformed into a porous material, EVA acts similar to rubber due to its property of elasticity. Compared with low-density polyethylene (LDPE), EVA is three times more flexible. This material has various properties, such as good barrier properties, ultraviolet radiation resistance, low-temperature toughness, stress-crack resistance and hot-melt adhesive waterproof properties.
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By geography, Asia Pacific is going to have high growth during the forecast period owing to the growth in the various end use industries, such as solar photovoltaic cells, packaging, footwear and wire & cable. China is the largest market for ethylene vinyl acetate due to its high consumption in footwear, solar, automotive, and wire & cable supported by the high domestic demand.
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Some of the key players profiled in the Ethylene Vinyl Acetate Market include Arkema, Asia Polymer, BASF SE, Braskem, Bridgestone, Celanese, Dow, ExxonMobil, Formosa Plastics, Hanwha Chemical, Innospec, LyondellBasell, Repsol, Sumitomo Chemical and Versalis.
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