Site icon Fact.MR Blog

Footwear & foam end use industry to account for highest demand for EVA, Quotes Fact.MR

ethylene vinyl acetate market

ethylene vinyl acetate market

According to the latest report published by Fact.MR – market research and competitive intelligence provider, the global ethylene vinyl acetate market is expected to reach the valuation of USD 11,374.4 million by the end of 2032 and to grow at a CAGR of 2.4% over the assessment period.

The high demand from footwear and foam industry is to flourish the demand curve in near future. Since it is highly been utilized for manufacturing of outsole and insole. Moreover, significant demand from packaging, agriculture and pharmaceutical end use vertical to provide abundant opportunities to the manufacturers over the assessment period.

Additionally, shifting consumer interest towards sustainable packaging for daily consumer goods products to push the demand in next couple of years. Ethylene vinyl acetate is considered as an environment friendly material which does not utilize chlorine in its manufacturing process. Due to this market scenario and versatile end use application market players are anticipated to surge their production to cater the dynamic demand from end use verticals.

Key Takeaways from Study

Growing demand for sustainable packaging solutions to flourish the demand curve of EVA during the assessment period says a Fact.MR analyst

 Winning Strategy

The adoption of collaborative approach with end-use industries has become a popular approach followed by various ethylene vinyl manufacturers in the global market. This approach aids the manufactures to establish a strong consumer base and maintains a demand & supply equilibrium. Moreover, few players have strengthened their consumer base by streamlining their product line as per end-use industry demand.

Request Sample Report

More Valuable Insights

Fact.MR, in its new offering, presents an unbiased analysis of the global ethylene vinyl acetate market, presenting historical demand data (2017-2021) and forecast statistics for the period of 2022-2032. The study divulges essential insights on the market based on type (very low density EVA, low density EVA, medium density EVA, high density EVA ) , by end use industry (footwear & foam, packaging, agriculture, photovoltaic panel, pharmaceuticals, other end-use industries) and across major regions (North America, Latin America, Europe, APAC, and the Middle East & Africa).

About the Chemical & Material Division at Fact.MR

Expert analysis, actionable insights, and strategic recommendations of the highly seasoned chemical & materials team at Fact.MR helps clients from across the globe with their unique business intelligence needs. With a repertoire of over thousand reports and 1 million-plus data points, the team has analyzed the prominent end use industries across 50+ countries for over a decade. The team provides unmatched end-to-end research and consulting services. Reach out to explore how we can help.


Exit mobile version