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ASEAN Ethylene Vinyl Acetate (EVA) Resins Market by Type (Polypropylene (PP) Vinyl Acetate-modified Polyethylene (Low VA Density), Polyethylene (PE) Thermoplastic Ethylene Vinyl Acetate (Medium VA Density), and Ethylene Vinyl Acetate Rubber (High VA Density)), by Application (Film, Foam, Hot Melt Adhesives, Wire & Cable, Extrusion Coating, Solar Cell Encapsulation, and Others), and by End User (Automotive, Packaging & Paper, Paints, Coatings & Adhesives, Electronics & Electrical, Pharmaceutical, Footwear, Photovoltaic Panels, and Others): Opportunity Analysis and Industry Forecast, 2020–2027
| A06496 | Pages: 309 | Jun 2020 | 2131 Views | | |
| Author(s) : Eswara Prasad and Ayushi Choudhary | Tables: 173 | Charts: 63 | Formats*: | |
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The ASEAN ethylene vinyl acetate (EVA) resins market size was valued at $769.0 million in 2019, and is projected to reach $1,276.8 million by 2027, growing at a CAGR of 6.5% from 2020 to 2027.
Ethylene vinyl acetate (EVA) resins are manufactured through copolymerization of ethylene and vinyl acetate. The autoclave process and the tubular reactor process operated up to 2400 bar (autoclave) and 3500 bar (tubular), respectively, are used for the copolymerization. Ethylene vinyl acetate (EVA) resins are used in the production of packaging film, foam, wire & cable, solar cell encapsulation, and hot melt adhesives. The vinyl acetate content in EVA resin varies from 0.2% to 40% whereas in the high-density EVA the VA% can be more than 50%. EVA with low melt index (MI) offers high strength, superior viscosity, and hot tack (relative melting and bonding strength) as compared to its high melt index counterparts. As the VA% increases in EVA resins, it becomes highly transparent and less crystalline. EVA resins are widely used in the packaging and paper industries, owing to their properties such as enhanced flexibility and low sealing temperature. In addition, the high-density EVA is used in photovoltaic panels due to high transparency, which are used in solar energy generation.
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Rapid industrialization and increase in disposable income of individuals across the emerging economies, such as Indonesia and Thailand, are the key factors that fuel the demand for automobiles. This further boosts the demand for EVA resins, as they are widely applicable in the manufacturing of automobile bumpers and molded parts. In addition, development of the packaging film industry across the developing countries, such as Singapore and the Philippines, is expected to drive the ASEAN ethylene vinyl acetate (EVA) resins market growth.
Government initiatives and joint venture between domestic players and foreign players is expected to attract new investments in countries such as Malaysia and Singapore. For instance, in 2018, Petroliam Nasional Berhad and Saudi Aramco entered in a new joint venture. The joint venture operates the refineries and natural gas production, which further propelled the demand for EVA resin.
However, factors such as availability of inexpensive substitutes such as natural rubber, synthetic rubber, and low-density polyethylene and issues related with the usage of EVA in photovoltaic packaging are expected to hinder the market growth. On the contrary, introduction of bio-based ethylene vinyl acetate materials with no adverse effects is anticipated to provide lucrative growth opportunity for the market growth.
The ASEAN ethylene vinyl acetate (EVA) resins market is segmented on the basis of type, application, end user, and country. Depending on type, the market is classified into polypropylene (PP) vinyl acetate-modified polyethylene (low VA density), polyethylene (PE) thermoplastic ethylene vinyl acetate (medium VA density), and ethylene vinyl acetate rubber (high VA density). Based on application, the market is segmented into film, foam, hot melt adhesives, wire and cables, extrusion coating, solar cell encapsulation, and others. On the basis of end user, the market is classified into building & construction, aerospace, wind power, marine, consumer goods, and others. Country wise, it is analyzed across Malaysia, the Philippines, Thailand, Myanmar, Vietnam, Singapore, and rest of ASEAN.
The major key players operating in the industry include Arkema S.A., Braskem S.A., Celanese Corporation, DOW Inc., Innospec Inc, ExxonMobil Corporation, Formosa Plastics Corporation, Hanwha Chemical Co, Ltd., Total SA, Lyondell Basell Industries N.V., SIPCHEM, Eastman Chemical Company, China Petrochemical Corporation, and Lotte Chemical Corporation.
ASEAN Ethylene Vinyl Acetate (EVA) Resins Market
By Country
Malaysia exhibits CAGR of 8.0% during 2020-2027
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Vietnam accounted for highest revenue share due to the imports from Thailand, China, and Myanmar and growing investment from industry players. Malaysia is expected to witness highest growth owing to easy availability of natural gas and naphtha from oil & gas feedstock, which are used for EVA resin production
ASEAN Ethylene Vinyl Acetate (EVA) Resins Market
By Type
Ethylene VA Rubber is projected as the most lucrative segment
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Polyethylene (PE) thermoplastic ethylene vinyl acetate (medium VA density) emerged as the highest contributor to the ASEAN ethylene vinyl acetate (EVA) resins market share due to rise in application of EVA resins in sealant materials and industrial adhesives.
ASEAN Ethylene Vinyl Acetate (EVA) Resins Market
By Application
Solar Cell Encapsulation is projected as the most lucrative segment
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Foam accounted for highest revenue share owing to increase in application EVA foams in automotive and electronics due to its high flexibility and high resilience. In addition, advanced properties such as vibrations and impact absorptions, and low production cost make it superior to conventional vinyl and natural rubber products.
ASEAN Ethylene Vinyl Acetate (EVA) Resins Market
By End User
Photovoltaic Panels is projected as the most lucrative segment
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Footwear accounted for major market share owing to the growing application of EVA resins in footwear bottoming components due to their low cost, lightweight nature, and shock absorbance properties.
Key Benefits for Stakeholders:
- The ASEAN ethylene vinyl acetate (EVA) resins market analysis covers in-depth information of major industry participants.
- Porter’s five forces analysis helps to analyze the potential of buyers & suppliers and the competitive scenario of the industry for strategy building.
- Major countries have been mapped according to their individual revenue contribution to the regional market.
- The report provides an in-depth analysis of the ASEAN ethylene vinyl acetate (EVA) resins market forecast for the period 2020–2027.
- The report outlines the current ASEAN ethylene vinyl acetate (EVA) resins market trends and future estimations of the market from 2019 to 2027 to understand the prevailing opportunities and potential investment pockets.
- The key drivers, restraints, and market opportunity and their detailed impact analysis is elucidated in the study.
Key Market Segments:
By Type
- Polypropylene (PP) Vinyl Acetate-modified Polyethylene (Low VA Density)
- Polyethylene (PE) Thermoplastic Ethylene Vinyl Acetate (Medium VA Density)
- Ethylene Vinyl Acetate Rubber (High VA Density)
By Application
- Film
- Foam
- Hot Melt Adhesives
- Wire & Cable
- Extrusion Coating
- Solar Cell Encapsulation
- Others
By End User
- Automotive
- Packaging & Paper
- Paints, Coatings, & Adhesives
- Electronics & Electrical
- Pharmaceutical
- Footwear
- Photovoltaic Panels
- Others
By Country
- Malaysia
- Philippines
- Thailand
- Myanmar
- Vietnam
- Singapore
- Rest of ASEAN
CHAPTER 1: INTRODUCTION
1.1. Report description
1.2. Key benefits for stakeholders
1.3. Key market segments
1.4. Research methodology
1.4.1. Primary research
1.4.2. Secondary research
1.4.3. Analyst tools and models
CHAPTER 2: EXECUTIVE SUMMARY
2.1. Key findings of the study
2.2. CXO perspective
CHAPTER 3: MARKET OVERVIEW
3.1. Market definition and scope
3.2. Key findings
3.2.1. Top investment pockets
3.2.2. Top winning strategies
3.2.3. Top winning strategies
3.3. Key forces shaping the ASEAN ethylene vinyl acetate market
3.4. Market share analysis & top player positioning, 2019
3.4.1. Top player positioning, 2019
3.5. Market dynamics
3.5.1. Drivers
3.5.1.1. Development of the packaging industry
3.5.1.2. Economic growth and increased income level
3.5.1.3. Increased investment in solar energy generation set-ups
3.5.1.4. Rise in demand from different sectors such as footwear & foam markets
3.5.2. Restraints
3.5.2.1. Increase in threat of substitutes
3.5.2.2. Concerns associated with usage of EVA in photovoltaic packaging
3.5.3. Opportunity
3.5.3.1. Introduction of bio-based EVA resin materials
3.6. Pricing Analysis
3.6.1. Pricing Analysis of ASEAN Ethyl Vinyl Acetate Resins Market, By Type (USD/KG)
3.6.2. Pricing Analysis of ASEAN Ethyl Vinyl Acetate Resins Market, By Application (USD/KG)
3.6.3. Pricing Analysis of ASEAN Ethyl Vinyl Acetate Resins Market, By End-User (USD/KG)
3.6.4. Pricing Analysis of ASEAN Ethyl Vinyl Acetate Resins Market, By Country (USD/KG)
3.7. Raw material analysis
3.8. Production cost
3.8.1. Raw material cost
3.8.2. Operational Cost
3.8.3. Logistics Cost
3.9. Value chain analysis
3.10. Customer analysis
3.11. Impact of key regulation
3.12. Impact of Covid-19 On The Asean Ethylene Vinyl Acetate Market
CHAPTER 4: ASEAN ETHYLENE VINYL ACETATE RESINS MARKET, BY TYPE
4.1. Overview
4.2. Supply/Demand analysis
4.2.1. Vinyl acetate-modified polyethylene (low va density)
4.2.1.1. Manufacturing Process and Licensors
4.2.1.2. Key market trends, growth factors, and opportunities
4.2.1.3. Market size and forecast, by country
4.2.2. Thermoplastic ethylene vinyl acetate (medium va density)
4.2.2.1. Manufacturing Process and Licensors
4.2.2.2. Key market trends, growth factors, and opportunities
4.2.2.3. Market size and forecast, by country
4.2.3. Ethylene vinyl acetate rubber
4.2.3.1. Manufacturing Process and Licensors
4.2.3.2. Key market trends, growth factors, and opportunities
4.2.3.3. Market size and forecast, by country
CHAPTER 5: ASEAN ETHYLENE VINYL ACETATE RESINS MARKET, BY APPLICATION
5.1. Overview
5.2. Supply/Demand analysis
5.2.1. Film
5.2.1.1. Key market trends, growth factors, and opportunities
5.2.1.2. Market size and forecast, by country
5.2.2. Foam
5.2.2.1. Key market trends, growth factors, and opportunities
5.2.2.2. Market size and forecast, by country
5.2.3. Hot Melt Adhesives
5.2.3.1. Key market trends, growth factors, and opportunities
5.2.3.2. Market size and forecast, by country
5.2.4. Wire and Cables
5.2.4.1. Key market trends, growth factors, and opportunities
5.2.4.2. Market size and forecast, by country
5.2.5. Extrusion Coating
5.2.5.1. Key market trends, growth factors, and opportunities
5.2.5.2. Market size and forecast, by country
5.2.6. Solar Cell Encapsulation
5.2.6.1. Key market trends, growth factors, and opportunities
5.2.6.2. Market size and forecast, by country
5.2.7. Others
5.2.7.1. Key market trends, growth factors, and opportunities
5.2.7.2. Market size and forecast, by country
CHAPTER 6: ASEAN ETHYLENE VINYL ACETATE RESINS MARKET, BY END USER
6.1. Overview
6.2. Supply/Demand analysis
6.3. Automotive
6.3.1. Key market trends, growth factors, and opportunities
6.3.2. Market size and forecast, by country
6.4. Packaging & paper
6.4.1. Key market trends, growth factors, and opportunities
6.4.2. Market size and forecast, by country
6.5. Paints, coatings, and adhesives
6.5.1. Key market trends, growth factors, and opportunities
6.5.2. Market size and forecast, by country
6.6. Electronic & electrical
6.6.1. Key market trends, growth factors, and opportunities
6.6.2. Market size and forecast, by country
6.7. Pharmaceutical
6.7.1. Key market trends, growth factors, and opportunities
6.7.2. Market size and forecast, BY COUNTRY
6.8. Footwear
6.8.1. Key market trends, growth factors, and opportunities
6.8.2. Market size and forecast, BY COUNTRY
6.9. Photovoltaic panels
6.9.1. Key market trends, growth factors, and opportunities
6.9.2. Market size and forecast, by country
6.10. Others
6.10.1. Key market trends, growth factors, and opportunities
6.10.2. Market size and forecast, by country
CHAPTER 7: ASEAN ETHYLENE VINYL ACETATE RESINS MARKET, BY COUNTRY
7.1. Overview
7.2. Supply/Demand Analysis
7.3. Import/Export Analysis, by Country
7.4. Malaysia
7.4.1. Market size and forecast, by type
7.4.2. Market size and forecast, by application
7.4.3. Market share analysis, by end user
7.5. Philippines
7.5.1. Market size and forecast, by type
7.5.2. Market size and forecast, by application
7.5.3. Market share analysis, by end user
7.6. Thailand
7.6.1. Market size and forecast, by type
7.6.2. Market size and forecast, by application
7.6.3. Market share analysis, by end user
7.7. Myanmar
7.7.1. Market size and forecast, by type
7.7.2. Market size and forecast, by application
7.7.3. Market share analysis, by end user
7.8. Vietnam
7.8.1. Market size and forecast, by type
7.8.2. Market size and forecast, by application
7.8.3. Market share analysis, by end user
7.9. Singapore
7.9.1. Market size and forecast, by type
7.9.2. Market size and forecast, by application
7.9.3. Market share analysis, by end user
7.10. Rest of ASEAN
7.10.1. Market size and forecast, by type
7.10.2. Market size and forecast, by application
7.10.3. Market share analysis, by end user
CHAPTER 8: COMPETITIVE LANDSCAPE
8.1. List of producer and production capacities
8.2. Planned additional EVA capacities
8.3. List of distributors
8.4. Substitute product
CHAPTER 9: COMPANY PROFILES
9.1. ADTEK CONSOLIDATED SDN. BHD
9.1.1. Company overview
9.1.2. Company snapshot
9.1.3. Operating business segments
9.1.4. Product portfolio
9.2. ARKEMA S.A.
9.2.1. Company overview
9.2.2. Company snapshot
9.2.3. Operating business segments
9.2.4. Product portfolio
9.2.5. Business performance
9.3. BRASKEM
9.3.1. Company overview
9.3.2. Company snapshot
9.3.3. Operating business segments
9.3.4. Product Portfolio
9.3.5. Business performance
9.3.6. Key strategic moves and developments
9.4. CELANESE CORPORATION
9.4.1. Company overview
9.4.2. Company snapshot
9.4.3. Operating business segments
9.4.4. Product portfolio
9.4.5. Business performance
9.4.6. Key strategic moves and developments
9.5. CHINA PETROCHEMICAL CORPORATION
9.5.1. Company overview
9.5.2. Company snapshot
9.5.3. Operating business segments
9.5.4. Product Portfolio
9.5.5. Business performance
9.6. DAIREN CHEMICAL CORPORATION
9.6.1. Company overview
9.6.2. Company snapshot
9.6.3. Operating business segments
9.6.4. Product portfolio
9.7. DOW INC.
9.7.1. Company overview
9.7.2. Company snapshot
9.7.3. Operating business segments
9.7.4. Product portfolio
9.7.5. Business performance
9.8. EASTMAN CHEMICAL COMPANY
9.8.1. Company overview
9.8.2. Company snapshot
9.8.3. Operating business segments
9.8.4. Product portfolio
9.8.5. Business performance
9.9. ENTEC POLYMERS
9.9.1. Company overview
9.9.2. Company snapshot
9.9.3. Operating business segments
9.9.4. Product portfolio
9.10. EXXONMOBIL CORPORATION
9.10.1. Company overview
9.10.2. Company snapshot
9.10.3. Operating business segments
9.10.4. Product Portfolio
9.10.5. Business performance
9.10.6. Key strategic moves and developments
9.11. FORMOSA PLASTICS CORPORATION
9.11.1. Company overview
9.11.2. Company snapshot
9.11.3. Operating business segments
9.11.4. Product portfolio
9.11.5. Business performance
9.12. HANWHA CHEMICAL CORPORATION
9.12.1. Company overview
9.12.2. Company snapshot
9.12.3. Operating business segments
9.12.4. Product portfolio
9.12.5. Business performance
9.12.6. Key strategic moves and developments
9.13. INNOSPEC INC
9.13.1. Company overview
9.13.2. Company snapshot
9.13.3. Operating business segments
9.13.4. Product portfolio
9.13.5. Business performance
9.14. LG CHEM
9.14.1. Company overview
9.14.2. Company snapshot
9.14.3. Operating business segments
9.14.4. Product portfolio
9.14.5. Business performance
9.15. LOTTE CHEMICAL CORPORATION
9.15.1. Company overview
9.15.2. Company snapshot
9.15.3. Operating business segments
9.15.4. Product portfolio
9.15.5. Business performance
9.16. LYONDELLBASELL INDUSTRIES HOLDING B.V.
9.16.1. Company overview
9.16.2. Company snapshot
9.16.3. Operating business segments
9.16.4. Product portfolio
9.16.5. Business performance
9.16.6. Key strategic moves and developments
9.17. SIPCHEM
9.17.1. Company overview
9.17.2. Company snapshot
9.17.3. Operating business segments
9.17.4. Product Portfolio
9.17.5. Business performance
9.17.6. Key strategic moves and developments
9.18. THAI ASIA POLYMER CO., LTD.
9.18.1. Company overview
9.18.2. Company snapshot
9.18.3. Operating business segments
9.18.4. Product portfolio
9.19. THE POLYOLEFIN COMPANY (SINGAPORE) PTE LTD
9.19.1. Company overview
9.19.2. Company snapshot
9.19.3. Operating business segments
9.19.4. Product portfolio
9.20. TOTAL SA
9.20.1. Company overview
9.20.2. Company snapshot
9.20.3. Operating business segments
9.20.4. Product portfolio
9.20.5. Business performance
9.21. TPI POLENE PUBLIC COMPANY LIMITED
9.21.1. Company overview
9.21.2. Company snapshot
9.21.3. Operating business segments
9.21.4. Product portfolio
9.21.5. Business performance
LIST OF TABLES
TABLE 01. TABLE: ETHYLENE PRODUCTION IN THAILAND 2017 (000 T/Y)
TABLE 02. ASEAN ETHYLENE VINYL ACETATE RESINS HISTORIC CONSUMPTION, BY TYPE, 2014–2018 (KILOTONS)
TABLE 03. ASEAN ETHYLENE VINYL ACETATE RESINS FORECAST CONSUMPTION, BY TYPE, 2019–2027 (KILOTONS)
TABLE 04. ASEAN ETHYLENE VINYL ACETATE RESINS MARKET, BY TYPE, 2019–2027 ($MILLION)
TABLE 05. VINYL ACETATE MODIFIED POLYETHYLENE MARKET, BY COUNTRY, 2019–2027 ($MILLION)
TABLE 06. VINYL ACETATE MODIFIED POLYETHYLENE MARKET, BY COUNTRY, 2019–2027 (KILOTONS)
TABLE 07. THERMOPLASTIC ETHYLENE-VINYL ACETATE MARKET, BY COUNTRY, 2019–2027 ($MILLION)
TABLE 08. THERMOPLASTIC ETHYLENE-VINYL ACETATE MARKET, BY COUNTRY, 2019–2027 (KILOTONS)
TABLE 09. ETHYLENE VINYL ACETATE RUBBER MARKET, BY COUNTRY, 2019–2027 ($MILLION)
TABLE 10. ETHYLENE VINYL ACETATE RUBBER MARKET, BY COUNTRY, 2019–2027 (KILOTONS)
TABLE 11. ASEAN ETHYLENE VINYL ACETATE RESINS HISTORIC CONSUMPTION, BY APPLICATION, 2014–2028 (KILOTONS)
TABLE 12. ASEAN ETHYLENE VINYL ACETATE RESINS FORECAST CONSUMPTION, BY APPLICATION, 2019–2027 (KILOTONS)
TABLE 13. ASEAN ETHYLENE VINYL ACETATE RESINS MARKET, BY APPLICATION, 2019–2027 (($MILLION)
TABLE 14. ASEAN ETHYLENE VINYL ACETATE RESINS MARKET FOR FILM, BY COUNTRY, 2019–2027 ($MILLION)
TABLE 15. ASEAN ETHYLENE VINYL ACETATE RESINS MARKET FOR FILM, BY COUNTRY, 2019–2027 (KILOTONS)
TABLE 16. ASEAN ETHYLENE VINYL ACETATE RESINS MARKET FOR FOAM, BY COUNTRY, 2019–2027 ($MILLION)
TABLE 17. ASEAN ETHYLENE VINYL ACETATE RESINS MARKET FOR FOAM, BY COUNTRY, 2019–2027 (KILOTONS)
TABLE 18. ASEAN ETHYLENE VINYL ACETATE RESINS MARKET FOR HOT MELT ADHESIVE, BY COUNTRY, 2019–2027 ($MILLION)
TABLE 19. ASEAN ETHYLENE VINYL ACETATE RESINS MARKET FOR HOT MELT ADHESIVE, BY COUNTRY, 2019–2027 (KILOTONS)
TABLE 20. ASEAN ETHYLENE VINYL ACETATE RESINS MARKET FOR WIRE AND CABLES, BY COUNTRY, 2019–2027 ($MILLION)
TABLE 21. ASEAN ETHYLENE VINYL ACETATE RESINS MARKET FOR WIRE AND CABLES, BY COUNTRY, 2019–2027 (KILOTONS)
TABLE 22. ASEAN ETHYLENE VINYL ACETATE RESINS MARKET FOR EXTRUSION COATING, BY COUNTRY, 2019–2027 ($MILLION)
TABLE 23. ASEAN ETHYLENE VINYL ACETATE RESINS MARKET FOR EXTRUSION COATING, BY COUNTRY, 2019–2027 (KILOTONS)
TABLE 24. ASEAN ETHYLENE VINYL ACETATE RESINS MARKET FOR SOLAR CELL ENCAPSULATION, BY COUNTRY, 2019–2027 ($MILLION)
TABLE 25. ASEAN ETHYLENE VINYL ACETATE RESINS MARKET FOR SOLAR CELL ENCAPSULATION, BY COUNTRY, 2019–2027 (KILOTONS)
TABLE 26. ASEAN ETHYLENE VINYL ACETATE RESINS MARKET FOR OTHERS, BY COUNTRY, 2019–2027 ($MILLION)
TABLE 27. ASEAN ETHYLENE VINYL ACETATE RESINS MARKET FOR OTHERS, BY COUNTRY, 2019–2027 (KILOTONS)
TABLE 28. ASEAN ETHYLENE VINYL ACETATE RESINS HISTORIC CONSUMPTION, BY END USER, 2014–2028 (KILOTONS)
TABLE 29. ASEAN ETHYLENE VINYL ACETATE RESINS FORECAST CONSUMPTION, BY END USER, 2019–2027 (KILOTONS)
TABLE 30. ASEAN ETHYLENE VINYL ACETATE RESINS MARKET, BY END USER, 2019–2027 (($MILLION)
TABLE 31. ETHYLENE VINYL ACETATE RESINS MARKET FOR AUTOMOTIVE, BY COUNTRY, 2018–2026 ($MILLION)
TABLE 32. ETHYLENE VINYL ACETATE RESINS MARKET FOR AUTOMOTIVE, BY COUNTRY, 2018–2026 (KILOTONS)
TABLE 33. ETHYLENE VINYL ACETATE RESINS MARKET FOR PACKAGING & PAPER, BY COUNTRY, 2018–2026 ($MILLION)
TABLE 34. ETHYLENE VINYL ACETATE RESINS MARKET FOR PACKAGING & PAPER, BY COUNTRY, 2018–2026 (KILOTONS)
TABLE 35. ETHYLENE VINYL ACETATE RESINS MARKET FOR PAINTS, COATING, & ADHESIVES, BY COUNTRY, 2018–2026 ($MILLION)
TABLE 36. ETHYLENE VINYL ACETATE RESINS MARKET FOR PAINTS, COATING, & ADHESIVES, BY COUNTRY, 2018–2026 (KILOTONS)
TABLE 37. ETHYLENE VINYL ACETATE RESINS MARKET FOR ELECTRONICS & ELECTRICALS, BY COUNTRY, 2018–2026 ($MILLION)
TABLE 38. ETHYLENE VINYL ACETATE RESINS MARKET FOR ELECTRICAL & ELECTRONICS, BY COUNTRY, 2018–2026 (KILOTONS)
TABLE 39. ETHYLENE VINYL ACETATE RESINS MARKET FOR PHARMACEUTICALS, BY COUNTRY, 2018–2026 ($MILLION)
TABLE 40. ETHYLENE VINYL ACETATE RESINS MARKET FOR PHARMACEUTICALS, BY COUNTRY, 2018–2026 (KILOTONS)
TABLE 41. ETHYLENE VINYL ACETATE RESINS MARKET FOR FOOTWEAR, BY COUNTRY, 2018–2026 ($MILLION)
TABLE 42. ETHYLENE VINYL ACETATE RESINS MARKET FOR FOOTWEAR, BY COUNTRY, 2018–2026 (KILOTONS)
TABLE 43. ETHYLENE VINYL ACETATE RESINS MARKET FOR PHOTOVOLTAIC PANELS, BY COUNTRY, 2019–2026 ($MILLION)
TABLE 44. ETHYLENE VINYL ACETATE RESINS MARKET FOR PHOTOVOLTAIC PANELS, BY COUNTRY, 2019–2026 (KILOTONS)
TABLE 45. ETHYLENE VINYL ACETATE RESINS MARKET FOR OTHER, BY COUNTRY, 2019–2026 ($MILLION)
TABLE 46. ETHYLENE VINYL ACETATE RESINS MARKET FOR OTHERS, BY COUNTRY, 2019–2026 (KILOTONS)
TABLE 47. ASEAN ETHYLENE VINYL ACETATE RESINS MARKET, BY COUNTRY, 2019-2027 ($MILLION)
TABLE 48. ASEAN ETHYLENE VINYL ACETATE RESINS HISTORIC CONSUMPTION, BY COUNTRY, 2014-2028 (KILOTONS)
TABLE 49. ASEAN ETHYLENE VINYL ACETATE RESINS FORECAST CONSUMPTION, BY COUNTRY, 2019-2027 (KILOTONS)
TABLE 50. ASEAN ETHYLENE VINYL ACETATE RESINS MARKET, BY IMPORT, 2019-2027 ($THOUSAND)
TABLE 51. ASEAN ETHYLENE VINYL ACETATE RESINS MARKET, BY IMPORT, 2019-2027 (TONS)
TABLE 52. ASEAN ETHYLENE VINYL ACETATE RESINS MARKET, BY EXPORT, 2019-2027 ($THOUSAND)
TABLE 53. ASEAN ETHYLENE VINYL ACETATE RESINS MARKET, BY EXPORT, 2019-2027 (TONS)
TABLE 54. MALAYSIA ETHYLENE VINYL ACETATE RESINS MARKET, BY TYPE, 2019–2027 ($MILLION)
TABLE 55. MALAYSIA ETHYLENE VINYL ACETATE RESINS MARKET, BY TYPE, 2019-2027 (KILOTONS)
TABLE 56. MALAYSIA ETHYLENE VINYL ACETATE RESINS MARKET, BY APPLICATION, 2019–2027 ($MILLION)
TABLE 57. MALAYSIA ETHYLENE VINYL ACETATE RESINS MARKET, BY APPLICATION, 2019-2027 (KILOTONS)
TABLE 58. MALAYSIA ETHYLENE VINYL ACETATE RESINS MARKET, BY END USER, 2019–2027 ($MILLION)
TABLE 59. MALAYSIA ETHYLENE VINYL ACETATE RESINS MARKET, BY END USER, 2019–2027 (KILOTONS)
TABLE 60. PHILIPPINES ETHYLENE VINYL ACETATE RESINS MARKET, BY TYPE, 2019–2027 ($MILLION)
TABLE 61. PHILIPPINES ETHYLENE VINYL ACETATE RESINS MARKET, BY TYPE, 2019-2027 (KILOTONS)
TABLE 62. PHILIPPINES ETHYLENE VINYL ACETATE RESINS MARKET, BY APPLICATION, 2019–2027 ($MILLION)
TABLE 63. PHILIPPINES ETHYLENE VINYL ACETATE RESINS MARKET, BY APPLICATION, 2019-2027 (KILOTONS)
TABLE 64. PHILIPPINES ETHYLENE VINYL ACETATE RESINS MARKET, BY END USER, 2019–2027 ($MILLION)
TABLE 65. PHILIPPINES ETHYLENE VINYL ACETATE RESINS MARKET, BY END USER, 2019–2027 (KILOTONS)
TABLE 66. THAILAND ETHYLENE VINYL ACETATE RESINS MARKET, BY TYPE, 2019–2027 ($MILLION)
TABLE 67. THAILAND ETHYLENE VINYL ACETATE RESINS MARKET, BY TYPE, 2019-2027 (KILOTONS)
TABLE 68. THAILAND ETHYLENE VINYL ACETATE RESINS MARKET, BY APPLICATION, 2019–2027 ($MILLION)
TABLE 69. THAILAND ETHYLENE VINYL ACETATE RESINS MARKET, BY APPLICATION, 2019-2027 (KILOTONS)
TABLE 70. THAILAND ETHYLENE VINYL ACETATE RESINS MARKET, BY END USER, 2019–2027 ($MILLION)
TABLE 71. THAILAND ETHYLENE VINYL ACETATE RESINS MARKET, BY END USER, 2019–2027 (KILOTONS)
TABLE 72. MYANMAR ETHYLENE VINYL ACETATE RESINS MARKET, BY TYPE, 2019–2027 ($MILLION)
TABLE 73. MYANMAR ETHYLENE VINYL ACETATE RESINS MARKET, BY TYPE, 2019-2027 (KILOTONS)
TABLE 74. MYANMAR ETHYLENE VINYL ACETATE RESINS MARKET, BY APPLICATION, 2019–2027 ($MILLION)
TABLE 75. MYANMAR ETHYLENE VINYL ACETATE RESINS MARKET, BY APPLICATION, 2019-2027 (KILOTONS)
TABLE 76. MYANMAR ETHYLENE VINYL ACETATE RESINS MARKET, BY END USER, 2019–2027 ($MILLION)
TABLE 77. MYANMAR ETHYLENE VINYL ACETATE RESINS MARKET, BY END USER, 2019–2027 (KILOTONS)
TABLE 78. VIETNAM ETHYLENE VINYL ACETATE RESINS MARKET, BY TYPE, 2019–2027 ($MILLION)
TABLE 79. VIETNAM ETHYLENE VINYL ACETATE RESINS MARKET, BY TYPE, 2019-2027 (KILOTONS)
TABLE 80. VIETNAM ETHYLENE VINYL ACETATE RESINS MARKET, BY APPLICATION, 2019–2027 ($MILLION)
TABLE 81. VIETNAM ETHYLENE VINYL ACETATE RESINS MARKET, BY APPLICATION, 2019-2027 (KILOTONS)
TABLE 82. VIETNAM ETHYLENE VINYL ACETATE RESINS MARKET, BY END USER, 2019–2027 ($MILLION)
TABLE 83. VIETNAM ETHYLENE VINYL ACETATE RESINS MARKET, BY END USER, 2019–2027 (KILOTONS)
TABLE 84. SINGAPORE ETHYLENE VINYL ACETATE RESINS MARKET, BY TYPE, 2019–2027 ($MILLION)
TABLE 85. SINGAPORE ETHYLENE VINYL ACETATE RESINS MARKET, BY TYPE, 2019-2027 (KILOTONS)
TABLE 86. SINGAPORE ETHYLENE VINYL ACETATE RESINS MARKET, BY APPLICATION, 2019–2027 ($MILLION)
TABLE 87. SINGAPORE ETHYLENE VINYL ACETATE RESINS MARKET, BY APPLICATION, 2019-2027 (KILOTONS)
TABLE 88. SINGAPORE ETHYLENE VINYL ACETATE RESINS MARKET, BY END USER, 2019–2027 ($MILLION)
TABLE 89. SINGAPORE ETHYLENE VINYL ACETATE RESINS MARKET, BY END USER, 2019–2027 (KILOTONS)
TABLE 90. REST OF ASEAN ETHYLENE VINYL ACETATE RESINS MARKET, BY TYPE, 2019–2027 ($MILLION)
TABLE 91. REST OF ASEAN ETHYLENE VINYL ACETATE RESINS MARKET, BY TYPE, 2019-2027 (KILOTONS)
TABLE 92. REST OF ASEAN ETHYLENE VINYL ACETATE RESINS MARKET, BY APPLICATION, 2019–2027 ($MILLION)
TABLE 93. REST OF ASEAN ETHYLENE VINYL ACETATE RESINS MARKET, BY APPLICATION, 2019-2027 (KILOTONS)
TABLE 94. SINGAPORE ETHYLENE VINYL ACETATE RESINS MARKET, BY END USER, 2019–2027 ($MILLION)
TABLE 95. REST OF ASEAN ETHYLENE VINYL ACETATE RESINS MARKET, BY END USER, 2019–2027 (KILOTONS)
TABLE 96. ADTEK CONSOLIDATED SDN. BHD.: COMPANY SNAPSHOT
TABLE 97. ADTEK CONSOLIDATED SDN. BHD.: OPERATING SEGMENTS
TABLE 98. ADTEK CONSOLIDATED SDN. BHD.: PRODUCT PORTFOLIO
TABLE 99. ARKEMA S.A.: COMPANY SNAPSHOT
TABLE 100. ARKEMA S.A.: OPERATING SEGMENTS
TABLE 101. ARKEMA S.A.: PRODUCT PORTFOLIO
TABLE 102. OVERALL FINANCIAL STATUS ($MILLION)
TABLE 103. BRASKEM: COMPANY SNAPSHOT
TABLE 104. BRASKEM: OPERATING SEGMENTS
TABLE 105. BRASKEM: PRODUCT PORTFOLIO
TABLE 106. OVERALL FINANCIAL STATUS ($MILLION)
TABLE 107. BRASKEM: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 108. CELANESE CORPORATION: COMPANY SNAPSHOT
TABLE 109. CELANESE CORPORATION: OPERATING SEGMENTS
TABLE 110. CELANESE CORPORATION: PRODUCT PORTFOLIO
TABLE 111. OVERALL FINANCIAL STATUS ($MILLION)
TABLE 112. CELANESE CORPORATION: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 113. CHINA PETROCHEMICAL CORPORATION: COMPANY SNAPSHOT
TABLE 114. CHINA PETROCHEMICAL CORPORATION: OPERATING SEGMENTS
TABLE 115. CHINA PETROCHEMICAL CORPORATION: PRODUCT PORTFOLIO
TABLE 116. OVERALL FINANCIAL STATUS ($MILLION)
TABLE 117. DAIREN CHEMICAL CORPORATION: COMPANY SNAPSHOT
TABLE 118. LYONDELLBASELL INDUSTRIES HOLDING B.V.: OPERATING SEGMENTS
TABLE 119. DAIREN CHEMICAL CORPORATION: PRODUCT PORTFOLIO
TABLE 120. DOW INC.: COMPANY SNAPSHOT
TABLE 121. DOW INC.: OPERATING SEGMENTS
TABLE 122. DOW INC.: PRODUCT PORTFOLIO
TABLE 123. OVERALL FINANCIAL STATUS ($MILLION)
TABLE 124. EASTMAN CHEMICAL COMPANY: COMPANY SNAPSHOT
TABLE 125. EASTMAN CHEMICAL COMPANY: OPERATING SEGMENTS
TABLE 126. EASTMAN CHEMICAL COMPANY: PRODUCT PORTFOLIO
TABLE 127. ENTEC POLYMERS: COMPANY SNAPSHOT
TABLE 128. ENTEC POLYMERS: OPERATING SEGMENTS
TABLE 129. ENTEC POLYMERS: PRODUCT PORTFOLIO
TABLE 130. EXXONMOBIL CORPORATION.: COMPANY SNAPSHOT
TABLE 131. EXXONMOBIL CORPORATION.: OPERATING SEGMENTS
TABLE 132. EXXONMOBIL CORPORATION: PRODUCT PORTFOLIO
TABLE 133. OVERALL FINANCIAL STATUS ($MILLION)
TABLE 134. EXXONMOBIL CORPORATION: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 135. FORMOSA PLASTICS CORPORATION: COMPANY SNAPSHOT
TABLE 136. FORMOSA PLASTICS CORPORATION: OPERATING SEGMENTS
TABLE 137. FORMOSA PLASTICS CORPORATION: PRODUCT PORTFOLIO
TABLE 138. OVERALL FINANCIAL STATUS ($MILLION)
TABLE 139. HANWHA CHEMICAL CORPORATION: COMPANY SNAPSHOT
TABLE 140. HANWHA CHEMICAL CORPORATION: OPERATING SEGMENTS
TABLE 141. HANWHA CHEMICAL CORPORATION: PRODUCT PORTFOLIO
TABLE 142. OVERALL FINANCIAL STATUS ($MILLION)
TABLE 143. HANWHA CHEMICAL CORPORATION: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 144. INNOSPEC INC.: COMPANY SNAPSHOT
TABLE 145. INNOSPEC INC.: OPERATING SEGMENTS
TABLE 146. INNOSPEC INC.: PRODUCT PORTFOLIO
TABLE 147. LG CHEM: COMPANY SNAPSHOT
TABLE 148. LG CHEM: OPERATING SEGMENTS
TABLE 149. LG CHEM: PRODUCT PORTFOLIO
TABLE 150. LOTTE CHEMICAL CORPORATION: COMPANY SNAPSHOT
TABLE 151. LOTTE CHEMICAL CORPORATION: OPERATING SEGMENTS
TABLE 152. LOTTE CHEMICAL CORPORATION: PRODUCT PORTFOLIO
TABLE 153. LYONDELLBASELL INDUSTRIES HOLDING B.V.: COMPANY SNAPSHOT
TABLE 154. LYONDELLBASELL INDUSTRIES HOLDING B.V.: OPERATING SEGMENTS
TABLE 155. LYONDELLBASELL INDUSTRIES HOLDING B.V.: PRODUCT PORTFOLIO
TABLE 156. LYONDELLBASELL INDUSTRIES HOLDING B.V.: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 157. SIPCHEM: COMPANY SNAPSHOT
TABLE 158. SIPCHEM: OPERATING SEGMENTS
TABLE 159. SIPCHEM: PRODUCT PORTFOLIO
TABLE 160. OVERALL FINANCIAL STATUS ($MILLION)
TABLE 161. SIPCHEM: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 162. THAI ASIA POLYMER CO., LTD.: COMPANY SNAPSHOT
TABLE 163. THAI ASIA POLYMER CO., LTD.: OPERATING SEGMENTS
TABLE 164. THAI ASIA POLYMER CO., LTD.: PRODUCT PORTFOLIO
TABLE 165. THE POLYOLEFIN COMPANY (SINGAPORE) PTE LTD: COMPANY SNAPSHOT
TABLE 166. THE POLYOLEFIN COMPANY (SINGAPORE) PTE LTD: OPERATING SEGMENTS
TABLE 167. THE POLYOLEFIN COMPANY (SINGAPORE) PTE LTD: PRODUCT PORTFOLIO
TABLE 168. TOTAL SA: COMPANY SNAPSHOT
TABLE 169. TOTAL SA: OPERATING SEGMENTS
TABLE 170. TOTAL SA: PRODUCT PORTFOLIO
TABLE 171. TPI POLENE PUBLIC COMPANY LIMITED: COMPANY SNAPSHOT
TABLE 172. TPI POLENE PUBLIC COMPANY LIMITED: OPERATING SEGMENTS
TABLE 173. TPI POLENE PUBLIC COMPANY LIMITED: PRODUCT PORTFOLIO
LIST OF FIGURES
FIGURE 01. KEY MARKET SEGMENTS
FIGURE 02. EXECUTIVE SUMMARY, BY SEGMENT
FIGURE 03. TOP INVESTMENT POCKETS
FIGURE 04. TOP WINNING STRATEGIES (2017-2019)
FIGURE 05. TOP WINNING STRATEGIES BY COMPANY (2017-2019)
FIGURE 06. HIGH BARGAINING POWER OF SUPPLIERS
FIGURE 07. MODERATE THREAT OF NEW ENTRANTS
FIGURE 08. HIGH THREAT OF SUBSTITUTES
FIGURE 09. MODERATE INTENSITY OF RIVALRY
FIGURE 10. HIGH BARGAINING POWER OF BUYERS
FIGURE 11. TOP PLAYER POSITIONING, 2019
FIGURE 12. ASEAN ETHYLENE VINYL ACETATE RESIN MARKET DYNAMICS
FIGURE 13. VALUE CHAIN ANALYSIS
FIGURE 14. ASEAN ETHYLENE VINYL ACETATE RESINS MARKET, BY TYPE, 2019–2027 ($MILILION)
FIGURE 15. ASEAN ETHYLENE VINYL ACETATE RESINS MARKET, BY END USER, 2019–2027 ($MILILION)
FIGURE 16. ASEAN ETHYLENE VINYL ACETATE RESINS MARKET, BY END USER, 2019–2027 ($MILILION)
FIGURE 17. MALAYSIA ETHYLENE VINYL ACETATE RESINS MARKET REVENUE, 2019–2027 ($MILLION)
FIGURE 18. PHILIPPINES ETHYLENE VINYL ACETATE RESINS MARKET REVENUE, 2019–2027 ($MILLION)
FIGURE 19. THAILAND ETHYLENE VINYL ACETATE RESINS MARKET REVENUE, 2019–2027 ($MILLION)
FIGURE 20. MYANMAR ETHYLENE VINYL ACETATE RESINS MARKET REVENUE, 2019–2027 ($MILLION)
FIGURE 21. VIETNAM ETHYLENE VINYL ACETATE RESINS MARKET REVENUE, 2019–2027 ($MILLION)
FIGURE 22. SINGAPORE ETHYLENE VINYL ACETATE RESINS MARKET REVENUE, 2019–2027 ($MILLION)
FIGURE 23. REST OF ASEAN ETHYLENE VINYL ACETATE RESINS MARKET REVENUE, 2019–2027 ($MILLION)
FIGURE 24. ARKEMA S.A.: REVENUE, 2017–2019 ($MILLION)
FIGURE 25. ARKEMA S.A.: REVENUE SHARE BY SEGMENT, 2019 (%)
FIGURE 26. ARKEMA S.A.: REVENUE SHARE BY REGION, 2019 (%)
FIGURE 27. BRASKEM: REVENUE, 2017–2019 ($MILLION)
FIGURE 28. BRASKEM: REVENUE SHARE BY SEGMENT, 2019 (%)
FIGURE 29. BRASKEM: REVENUE SHARE BY REGION, 2019 (%)
FIGURE 30. CELANESE CORPORATION: REVENUE, 2017–2019 ($MILLION)
FIGURE 31. CHINA PETROCHEMICAL CORPORATION: REVENUE, 2017–2019 ($MILLION)
FIGURE 32. CHINA PETROCHEMICAL CORPORATION: REVENUE SHARE BY SEGMENT, 2019 (%)
FIGURE 33. DOW INC.: REVENUE, 2017–2019 ($MILLION)
FIGURE 34. DOW INC.: REVENUE SHARE BY SEGMENT, 2019 (%)
FIGURE 35. DOW INC.: REVENUE SHARE BY REGION, 2019 (%)
FIGURE 36. EASTMAN CHEMICAL COMPANY: REVENUE, 2017–2019 ($MILLION)
FIGURE 37. OVERALL FINANCIAL STATUS ($MILLION)
FIGURE 38. EASTMAN CHEMICAL COMPANY: REVENUE SHARE BY SEGMENT, 2019 (%)
FIGURE 39. EASTMAN CHEMICAL COMPANY: REVENUE SHARE BY REGION, 2019 (%)
FIGURE 40. EXXONMOBIL CORPORATION: REVENUE, 2017–2019 ($MILLION)
FIGURE 41. FORMOSA PLASTICS CORPORATION: REVENUE, 2017–2019 ($MILLION)
FIGURE 42. HANWHA GROUP: REVENUE, 2017–2019 ($MILLION)
FIGURE 43. INNOSPEC INC.: REVENUE, 2017–2019 ($MILLION)
FIGURE 44. OVERALL FINANCIAL STATUS ($MILLION)
FIGURE 45. INNOSPEC INC.: REVENUE SHARE BY SEGMENT, 2019 (%)
FIGURE 46. INNOSPEC INC.: REVENUE SHARE BY REGION, 2019 (%)
FIGURE 47. LG CHEM: REVENUE, 2017–2019 ($MILLION)
FIGURE 48. OVERALL FINANCIAL STATUS ($MILLION)
FIGURE 49. LG CHEM: REVENUE SHARE BY SEGMENT, 2019 (%)
FIGURE 50. LOTTE CHEMICAL CORPORATION: REVENUE, 2017–2019 ($MILLION)
FIGURE 51. OVERALL FINANCIAL STATUS ($MILLION)
FIGURE 52. LOTTE CHEMICAL CORPORATION: REVENUE SHARE BY SEGMENT, 2019 (%)
FIGURE 53. LYONDELLBASELL INDUSTRIES HOLDING B.V.: REVENUE, 2017–2019 ($MILLION)
FIGURE 54. OVERALL FINANCIAL STATUS ($MILLION)
FIGURE 55. LYONDELLBASELL INDUSTRIES HOLDING B.V.: REVENUE SHARE BY SEGMENT, 2019 (%)
FIGURE 56. SIPCHEM: REVENUE, 2017–2018 ($MILLION)
FIGURE 57. SIPCHEM: REVENUE SHARE BY DIVISION, 2019 (%)
FIGURE 58. TOTAL SA: REVENUE, 2017–2019 ($MILLION)
FIGURE 59. OVERALL FINANCIAL STATUS ($MILLION)
FIGURE 60. TPI POLENE PUBLIC COMPANY LIMITED: REVENUE, 2017–2019 ($MILLION)
FIGURE 61. OVERALL FINANCIAL STATUS ($MILLION)
FIGURE 62. TPI POLENE PUBLIC COMPANY LIMITED: REVENUE SHARE BY SEGMENT, 2017 (%)
FIGURE 63. TPI POLENE PUBLIC COMPANY LIMITED: REVENUE SHARE BY REGION, 2017 (%)
According to the insights of the CXOs of leading companies, development of the packaging industry and rise in demand for EVA & EVA-based resin and foam across various end-user industries, including packaging, footwear, automotive, and photovoltaic panels, are the key factors that boost the market growth. However, increase in competition from substitutes and problems associated with use of EVA in photovoltaic packaging, such as decomposition due to exposure to UV rays and limited shelf life of the EVA sheet are some of the factors projected to hinder the market growth. As per the CXOs, Thailand is projected to register a significant growth in the projected timeframe, due to surge in manufacture of photovoltaic panels for the production of solar energy in the ASEAN region.
Q1. Which are the factors that drives ASEAN Ethylene Vinyl Acetate (EVA) Resins market growth?
A. Development of the packaging industry, increasing disposable income, robust investment in solar energy generation set-ups, and rise in demand from foam and footwear industries are expected to drive the ASEAN Ethylene Vinyl Acetate (EVA) Resins market growth.
Q2. What is the market revenue of ASEAN Ethylene Vinyl Acetate (EVA) Resins market?
A. ASEAN Ethylene Vinyl Acetate (EVA) Resins market has a market revenue of $769.0 million in 2019.
Q3. What are the key trends in the ASEAN Ethylene Vinyl Acetate (EVA) Resins market?
A. The market demand of EVA in the ASEAN region is expected to witness steady growth where the market may witness supply crunch due to production swings. This is attributed to shifting trend from Vinyl acetate-modified polyethylene (low VA density) towards medium and high VA density Ethylene Vinyl Acetate (EVA) Resins, which are widely used in photovoltaic and automotive applications. The low density EVA is expected to witness high price due to reduced supply in domestic market.
Q4. Which region is expected to hold the highest market share in ASEAN Ethylene Vinyl Acetate (EVA) Resins market?
A. Vietnam is expected to hold the highest market share in ASEAN Ethylene Vinyl Acetate (EVA) Resins market.
Q5. What are the key strategies adopted by the market players?
A. Business expansion, joint venture, merger, technology transfer/ licensing, acquisition and partnerships are the key growth adopted by the market players.
Q6. Which is the leading segment in the ASEAN Ethylene Vinyl Acetate (EVA) Resins market?
A. Thermoplastic Ethylene VA is the leading segment in the ASEAN Ethylene Vinyl Acetate (EVA) Resins market.
Q7. Who are the potential customers of ASEAN Ethylene Vinyl Acetate (EVA) Resins industry?
A. Automotive manufacturers, packaging & paper industry, paint, coatings and adhesives industry, electronics & electrical, pharmaceutical, footwear, and photovoltaic industries are the potential customers of ASEAN Ethylene Vinyl Acetate (EVA) Resins industry.
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