Acknowledging the kind of traction gained by this market, recently published a study report asserts the global Ethylene Vinyl Alcohol Copolymer (EVOH) Market size is projected to accrue voluminously by 2027 registering a phenomenal CAGR of 2.2% during the review period (2022 to 2027).
Ethylene Vinyl Alcohol Copolymer (EVOH) Market Overview
Ethylene-Vinyl Alcohol Copolymer, short as EVOH, is thermoplastic polymer. EVOH resin, with outstanding gas barrier properties, is one of the three major barrier resins. EVOH resin is widely used in Food packaging and non-food packaging industry.Ethylene-vinyl alcohol copolymer or EVOH is a flexible, crystal clear, and glossy thermoplastic copolymer with excellent flex-crack resistance, and very high resistance to hydrocarbons, oils and organic solvents. It also has some of the best barrier properties to gases such as oxygen, nitrogen, and carbon dioxide making it especially suited for packaging of food, drugs, cosmetics, and other perishable or delicate products to extend shelf life. The technical barriers of EVOH are very high which results in the industry highly concentrated. There are only three manufacturers for the time being, Kuraray, Nippon Gohsei, Chang Chun Petrochemical.
Who are the Major Players in Ethylene Vinyl Alcohol Copolymer (EVOH) Market?
Top Key players in the Ethylene Vinyl Alcohol Copolymer (EVOH) Market have been identified through secondary research, and their market shares have been determined through primary and secondary research. The global Ethylene Vinyl Alcohol Copolymer (EVOH) Market is fragmented with a large number of small players operating worldwide. The companies referred in the market research report includes Kuraray, Nippon Gohsei, Chang Chun Petrochemical and others.
Industry News:
May 26, 2021:Chang Chun Petrochemical announced that it will increase the selling price of all grades of EVASIN Ethylene Vinyl Alcohol Copolymer globally.
15/04/2020:After Nippon Gohsei Japan (The Nippon Synthetic Chemical Industry Co. Ltd) was incorporated into Mitsubishi Chemical Corporation as of 1st April 2019, Nippon Gohsei Europe will soon be integrated into the Performance Polymers department (MCPP) of Mitsubishi Chemical Corporation.
What are the major Applications, Types and Regions for Ethylene Vinyl Alcohol Copolymer (EVOH) Market?
Ethylene Vinyl Alcohol Copolymer (EVOH) Market is segmented based on the type, applications, companies and regions.
By Type, Ethylene Vinyl Alcohol Copolymer (EVOH) Market has been segmented into
- Ethylene Content (mol%) below 29
- Ethylene Content (mol%) 29-35
- Ethylene Content (mol%) 35-38
- Ethylene Content (mol%) 38-44
- Ethylene Content (mol%) above 44
The end user’s industry application on Ethylene Vinyl Alcohol Copolymer (EVOH) Market are,
- Food Packaging Material
- Household Wrapping Material
- Automotive Gas Tanks
- Pipes For Floor Heating Systems
- Wall Coverings
- Others
Vinyl Alcohol Copolymer (EVOH) Market Regional Analayis:
In Asia, prices of Ethyl Vinyl Alcohol Copolymer have continued to trace upwards throughout the first quarter of 2022 under the impact of inflationary pressure from the skyrocketing upstream Crude Oil. Imports from South Korea and Japan remained scarce for the rest of the quarter on the Russia-Ukrainian conflict. EVOH market experienced the most profitable sales during this timeframe with the increased consumption from the food-packaging sector.
- North America
- Europe
- Germany
- France
- UK
- Italy
- Spain
- Rest of Europe
- Asia-Pacific
- China
- Japan
- India
- Australia
- South Korea
- Rest of Asia-Pacific
- Rest of the World
- Middle East & Africa
- Latin America
What is our Ethylene Vinyl Alcohol Copolymer (EVOH) Market report scope?
Report Attributes
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Report Details
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Forecast Period 2022 to 2027 CAGR
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CAGR of 2.2% during the review period (2022 to 2027).
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By Type
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- Ethylene Content (mol%) below 29
- Ethylene Content (mol%) 29-35
- Ethylene Content (mol%) 35-38
- Ethylene Content (mol%) 38-44
- Ethylene Content (mol%) above 44
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By Application
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- Food Packaging Material
- Household Wrapping Material
- Automotive Gas Tanks
- Pipes For Floor Heating Systems
- Wall Coverings
- Others
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By Companies
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Kuraray, Nippon Gohsei, Chang Chun Petrochemical and others.
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Regions Covered
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- North America
- Europe
- Asia-Pacific
- Rest of the World
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Countries Covered
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- US
- Canada
- Germany
- France
- UK
- Italy
- Spain
- Rest of Europe
- China
- Japan
- India
- Australia
- South Korea
- Rest of Asia-Pacific
- Middle East & Africa
- Latin America
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Base Year
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2022
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Historical Year
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2017 to 2021
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Forecast Year
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2022 to 2027
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Number of Pages
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90
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Customization Available
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Yes, the report can be customized as per your needs
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Key Takeaways from this Ethylene Vinyl Alcohol Copolymer (EVOH) Report
- Evaluate Ethylene Vinyl Alcohol Copolymer (EVOH) market potential through analyzing growth rates (CAGR %), Volume (Units) and Value ($M) data given at country level - for product types, end use applications and by different industry verticals.
- Understand the different dynamics influencing the market - key driving factors, challenges and hidden opportunities.
- Get in-depth insights on your competitor performance - market shares, strategies, financial benchmarking, product benchmarking, SWOT and more.
- Analyze the sales and distribution channels across key geographies to improve top-line revenues.
- Understand the industry supply chain with a deep dive on the value augmentation at each step, in order to optimize value and bring efficiencies in your processes.
- Get a quick outlook on the Ethylene Vinyl Alcohol Copolymer (EVOH) market entropy - M&A's, deals, partnerships, product launches of all key players for the past 4 years.
- Evaluate the supply-demand gaps, import-export statistics and regulatory landscape for more than top 20 countries globally for the market.
Frequently Asked Questions
What is the study period of this market?
The Ethylene Vinyl Alcohol Copolymer (EVOH) Market is studied from 2017 - 2027.
What is the growth rate of Ethylene Vinyl Alcohol Copolymer (EVOH) Market?
The Ethylene Vinyl Alcohol Copolymer (EVOH) Market is growing at a CAGR of 2.2% over the next 5 years.
Who are the leading key players in Ethylene Vinyl Alcohol Copolymer (EVOH) Market?
Kuraray, Nippon Gohsei, Chang Chun Petrochemical and others.
What regions regions does this Ethylene Vinyl Alcohol Copolymer (EVOH) Market report covers?
North America (the United States, Canada, and Mexico)
Europe (Germany, France, UK, Russia, and Italy)
Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)
South America (Brazil, Argentina, Colombia, etc.)
The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)
What are the significant types of Ethylene Vinyl Alcohol Copolymer (EVOH) Market?
Ethylene Content (mol%) below 29, Ethylene Content (mol%) 29-35, Ethylene Content (mol%) 35-38, Ethylene Content (mol%) 38-44, Ethylene Content (mol%) above 44
What are the significant Applications of Ethylene Vinyl Alcohol Copolymer (EVOH) Market?
Food Packaging Material, Household Wrapping Material, Automotive Gas Tanks, Pipes For Floor Heating Systems, Wall Coverings, Others
All our reports are customizable to your company needs to a certain extent, we do provide 5 free consulting hours along with purchase of each report, and this will allow you to request any additional data to customize the report to your needs.
SECONDARY RESEARCH
Secondary Research Information is collected from a number of publicly available as well as paid databases. Public sources involve publications by different associations and governments, annual reports and statements of companies, white papers and research publications by recognized industry experts and renowned academia etc. Paid data sources include third party authentic industry databases.
PRIMARY RESEARCH
Once data collection is done through secondary research, primary interviews are conducted with different stakeholders across the value chain like manufacturers, distributors, ingredient/input suppliers, end customers and other key opinion leaders of the industry. Primary research is used both to validate the data points obtained from secondary research and to fill in the data gaps after secondary research.
MARKET ENGINEERING
The market engineering phase involves analyzing the data collected, market breakdown and forecasting. Macroeconomic indicators and bottom-up and top-down approaches are used to arrive at a complete set of data points that give way to valuable qualitative and quantitative insights. Each data point is verified by the process of data triangulation to validate the numbers and arrive at close estimates.
EXPERT VALIDATION
The market engineered data is verified and validated by a number of experts, both in-house and external.
REPORT WRITING/ PRESENTATION
After the data is curated by the mentioned highly sophisticated process, the analysts begin to write the report. Garnering insights from data and forecasts, insights are drawn to visualize the entire ecosystem in a single report.