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Showing posts with the label Ethylene Copolymers Market

Ethylene Copolymers Market Trends and Global Foresight to 2025

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 S