Asia Pacific Ethylene Vinyl Acetate Copolymer Market Size & Outlook

The ethylene vinyl acetate copolymer market in Asia Pacific is expected to reach a projected revenue of US$ 5,018.9 million by 2027. A compound annual growth rate of 4.4% is expected of Asia Pacific ethylene vinyl acetate copolymer market from 2020 to 2027.
Revenue, 2019 (US$M)
$3,554.9
Forecast, 2027 (US$M)
$5,018.9
CAGR, 2020 - 2027
4.4%
Report Coverage
Asia Pacific

Asia Pacific ethylene vinyl acetate copolymer market highlights

  • The Asia Pacific ethylene vinyl acetate copolymer market generated a revenue of USD 3,554.9 million in 2019.
  • The market is expected to grow at a CAGR of 4.4% from 2020 to 2027.
  • In terms of segment, vinyl acetate modified polyethylene was the largest revenue generating type in 2019.
  • Thermoplastic Ethylene-Vinyl Acetate is the most lucrative type segment registering the fastest growth during the forecast period.
  • Country-wise, India is expected to register the highest CAGR from 2020 to 2027.


Asia Pacific data book summary

Market revenue in 2019USD 3,554.9 million
Market revenue in 2027USD 5,018.9 million
Growth rate4.4% (CAGR from 2019 to 2027)
Largest segmentVinyl acetate modified polyethylene
Fastest growing segmentThermoplastic Ethylene-Vinyl Acetate
Historical data covered2016 - 2018
Base year for estimation2019
Forecast period covered2020 - 2027
Quantitative unitsRevenue in USD million
Market segmentationVinyl Acetate Modified Polyethylene, Thermoplastic Ethylene-Vinyl Acetate, Ethylene Vinyl Acetate Rubber
Key market players worldwideExxon Mobil Corp, Dow Inc, LyondellBasell Industries NV Class A, Eastman Chemical Co, Arkema SA, Celanese Corp Class A, TotalEnergies SE, Braskem SA ADR, LG Chem, Lotte Chemical, Dairen Chemical Corporation


Other key industry trends

  • In terms of revenue, Asia Pacific region accounted for 46.9% of the global ethylene vinyl acetate copolymer market in 2019.
  • Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2027.
  • Asia Pacific is the fastest growing regional market and is projected to reach USD 5,018.9 million by 2027.

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Ethylene Vinyl Acetate Copolymer Market Companies

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Asia Pacific ethylene vinyl acetate copolymer market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to ethylene vinyl acetate copolymer market will help companies and investors design strategic landscapes.


Vinyl acetate modified polyethylene was the largest segment with a revenue share of 56.24% in 2019. Horizon Databook has segmented the Asia Pacific ethylene vinyl acetate copolymer market based on vinyl acetate modified polyethylene, thermoplastic ethylene-vinyl acetate, ethylene vinyl acetate rubber covering the revenue growth of each sub-segment from 2016 to 2027.


Southeast Asian countries such as China, Indonesia, Vietnam, Thailand, India, and Japan are expected to emerge as the primary growth markets for EVA copolymers in the Asia Pacific over the forecast period. 

The growing manufacturing sector is expected to propel the demand for foaming and sealing applications in the automotive, packaging, and electrical & electronics industries. In recent years, India and China.

Have witnessed a spike in automotive production due to technology transfer to the sector from the Western markets. In addition, a well-established manufacturing base for electrical components like wires and cables in Taiwan, China, and South Korea.

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Horizon Databook provides a detailed overview of continent-level data and insights on the Asia Pacific ethylene vinyl acetate copolymer market , including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific ethylene vinyl acetate copolymer market from 2016 to 2027, including revenue numbers, major trends, and company profiles.

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Asia Pacific ethylene vinyl acetate copolymer market size, by country, 2016-2027 (US$M)

Asia Pacific Ethylene Vinyl Acetate Copolymer Market Outlook Share, 2019 & 2027 (US$M)

Asia Pacific ethylene vinyl acetate copolymer market size, by country, 2016-2027 (US$M)

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