LAMEA 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)
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The Latin America, Middle East and Africa Ethylene Vinyl Acetate Resins Market would witness market growth of 6.9% CAGR during the forecast period (2019-2025).
Ethylene Vinyl Acetate (EVA) is used to encapsulate photovoltaic (PV) modules in most solar cells owing to benefits such as good light transmission and elasticity, outstanding melt fluidity, low handling temperature, and adhesive properties. Renewables saw energy sources highest development rate, reaching a third of the worldwide demand for energy. The use of solar cells around the globe has been steadily growing. Over the previous century, the new development of solar photovoltaic cell capability has been growing quickly around with increasing public assistance.
EVA is a buoyant material, owing to which it is used as well as non-traditional products such as floating eyewear in fishing and water sports gear. It is used as a cork replacement for the ends of the fishing rod handle. In medical packaging, medical devices, and pharmaceutical applications, EVA has a strong and successful history of development.
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 Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
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
- Vinyl Acetate-Modified Polyethylene (Low Density)
- Thermoplastic Ethylene Vinyl Acetate (Medium Density)
- Ethylene Vinyl Acetate Rubber (High Density)
- Hot Melt Adhesives
- Wire & Cables
- Extrusion Coating
- Solar Cell Encapsulation
- Other Applications
By End User
- Paper & Packaging
- Paints, Coatings & Adhesives
- Electrical & Electronics
- Photovoltaic Panels
- Saudi Arabia
- South Africa
- Rest of LAMEA
- Celanese Corporation
- ExxonMobil Corporation
- LyondellBasell Industries N.V.
- Innospec, Inc.
- Hoehn Plastics, Inc.
- 3M Company
- BASF SE
- Lotte Chemical Corporation
- Clariant AG
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