Increasing demand from packaging industry is anticipated to favor market growth in the coming years.
The Global Ethylene Copolymers Market is expected to be valued at USD 67.02 billion by 2025, according to a new report by Grand View Research, Inc.
In terms of revenue, ethylene vinyl acetate (EVA) product type segment dominated the market in 2016 and is anticipated to ascend at a CAGR of 6.9% over the next eight years. In the packaging industry, EVA is widely used as shrinkage film as it contains a higher percentage of anti-blocking additives as compared to polyethylene. It also has the capability to provide low-temperature hot sealing, that enables energy savings and fast packaging speed, which is, in turn, expected to fuel market growth over the forecast period. Thus, the segment is anticipated to ascend at a steady CAGR over the next eight years.
The raw materials utilized for the manufacturing of ethylene copolymers are governed by various organizations such as Occupational Safety and Health Administration (OSHA) and the United States Environmental Protection Agency (EPA). These organizations have also set various quality standards for the raw materials and end products manufactured from ethylene. EPA has levied strict regulations to encourage the production of environment-friendly products, such as ethylene oxide, from ethylene.
To Know More About Ethylene Copolymers Market Please Visit Us @ https://www.grandviewresearch.com/industry-analysis/ethylene-copolymers-market
The Asia Pacific region is expected to ascend at the highest growth rate over the forecast period. Rising demand from the packaging industry, in emerging economies such as India and China, is expected to drive the market in the coming years. The Asia Pacific region is characterized by rising awareness regarding various applications of ethylene copolymers.
Top Players of Ethylene Copolymers Market:
DuPont, Celanese Corporation, The Dow Chemical Company, BASF SE, Sipchem, and USI Corporation are some of the key players in the global market
Market Segmentation of Ethylene Copolymers Market:
The Global Ethylene Copolymers Market Segmented on the basis of Application, Type and End-Use.
By Application:
Hot melt adhesives
Asphalt modification
Thermo adhesive films
By Type:
Ethylene vinyl acetate (EVA)
Ethylene ethyl acrylate (EEA)
Ethylene butyl acrylate (EBA)
Ethylene propylene
By End-Use:
Packaging
Building & Construction
Automotive
Textiles
Inquire about Ethylene Copolymers Market with Our Experts @ http://bit.ly/2sFTz9w
The Global Ethylene Copolymers Market is expected to be valued at USD 67.02 billion by 2025, according to a new report by Grand View Research, Inc.
In terms of revenue, ethylene vinyl acetate (EVA) product type segment dominated the market in 2016 and is anticipated to ascend at a CAGR of 6.9% over the next eight years. In the packaging industry, EVA is widely used as shrinkage film as it contains a higher percentage of anti-blocking additives as compared to polyethylene. It also has the capability to provide low-temperature hot sealing, that enables energy savings and fast packaging speed, which is, in turn, expected to fuel market growth over the forecast period. Thus, the segment is anticipated to ascend at a steady CAGR over the next eight years.
The raw materials utilized for the manufacturing of ethylene copolymers are governed by various organizations such as Occupational Safety and Health Administration (OSHA) and the United States Environmental Protection Agency (EPA). These organizations have also set various quality standards for the raw materials and end products manufactured from ethylene. EPA has levied strict regulations to encourage the production of environment-friendly products, such as ethylene oxide, from ethylene.
To Know More About Ethylene Copolymers Market Please Visit Us @ https://www.grandviewresearch.com/industry-analysis/ethylene-copolymers-market
The Asia Pacific region is expected to ascend at the highest growth rate over the forecast period. Rising demand from the packaging industry, in emerging economies such as India and China, is expected to drive the market in the coming years. The Asia Pacific region is characterized by rising awareness regarding various applications of ethylene copolymers.
Top Players of Ethylene Copolymers Market:
DuPont, Celanese Corporation, The Dow Chemical Company, BASF SE, Sipchem, and USI Corporation are some of the key players in the global market
Market Segmentation of Ethylene Copolymers Market:
The Global Ethylene Copolymers Market Segmented on the basis of Application, Type and End-Use.
By Application:
Hot melt adhesives
Asphalt modification
Thermo adhesive films
By Type:
Ethylene vinyl acetate (EVA)
Ethylene ethyl acrylate (EEA)
Ethylene butyl acrylate (EBA)
Ethylene propylene
By End-Use:
Packaging
Building & Construction
Automotive
Textiles
Inquire about Ethylene Copolymers Market with Our Experts @ http://bit.ly/2sFTz9w
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