Europe Ethylene Vinyl Acetate Resins Market By Type (Vinyl Acetate-Modified Polyethylene (Low Density), Thermoplastic Ethylene Vinyl Acetate (Medium Density) and Ethylene Vinyl Acetate Rubber (High Density)) By Application (Film, Foam, Hot Melt Adhesives, Wire & Cables, Extrusion Coating, Solar Cell Encapsulation and Other Applications)

Analysis of Market Size & Trends

The Europe Ethylene Vinyl Acetate Resins Market would witness market growth of 6.17% CAGR during the forecast period (2019-2025).

Resins made from ethylene vinyl acetate (EVA) are produced using ethylene and vinyl acetate. They are used in the production of vinyl acetate packaging film, foam, wire & cord, solar cell encapsulation, and hot melt adhesives. Compared to its elevated melt index counterparts, EVA with low melt index (MI) provides elevated power, superior viscosity and warm tack (relative melting and bonding strength). Due to their characteristics like increased flexibility and low sealing temperature, EVA resins are commonly used in the packaging and paper industries. They are also used in photovoltaic panels used in the generation of solar energy.

EVA is an elastomeric polymer that produces materials that are soft and flexible and are "rubber-like". The material has excellent transparency and texture, low-temperature toughness, resistance to stress cracking, waterproof hot-melt adhesive qualities, and UV radiation resistance. EVA also has a unique vinegar-like odour and in many electrical applications is competing with the rubber and vinyl polymer goods.

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Based on Type, the market is segmented into Vinyl Acetate-Modified Polyethylene (Low Density), Thermoplastic Ethylene Vinyl Acetate (Medium Density) and Ethylene Vinyl Acetate Rubber (High Density). Based on Application, the market is segmented into Film, Foam, Hot Melt Adhesives, Wire & Cables, Extrusion Coating, Solar Cell Encapsulation and Other Applications. Based on End User, the market is segmented into Automotive, Paper & Packaging, Paints, Coatings & Adhesives, Electrical & Electronics, Pharmaceuticals, Footwear, Photovoltaic Panels and Other applications. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.

The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Celanese Corporation, ExxonMobil Corporation, LyondellBasell Industries N.V., Innospec, Inc., Hoehn Plastics, Inc., 3M Company, BASF SE, Lotte Chemical Corporation and Clariant AG.

Scope of the Ethylene Vinyl Acetate Resins Market Analysis

Market Segmentation:

By Type

• Vinyl Acetate-Modified Polyethylene (Low Density)
• Thermoplastic Ethylene Vinyl Acetate (Medium Density)
• Ethylene Vinyl Acetate Rubber (High Density)

By Application

• Film
• Foam
• Hot Melt Adhesives
• Wire & Cables
• Extrusion Coating
• Solar Cell Encapsulation
• Other Applications

By End User

• Automotive
• Paper & Packaging 
• Paints, Coatings & Adhesives
• Electrical & Electronics
• Pharmaceuticals
• Footwear
• Photovoltaic Panels
• Others

By Country

• Germany
• UK
• France
• Russia
• Spain
• Italy
• Rest of Europe

Companies Profiled

• Celanese Corporation
• ExxonMobil Corporation
• LyondellBasell Industries N.V.
• Innospec, Inc.
• Hoehn Plastics, Inc.
• 3M Company
• BASF SE
• Lotte Chemical Corporation
• Clariant AG