China Ethylene Vinyl Acetate Copolymer Market Size & Outlook
China ethylene vinyl acetate copolymer market, 2016-2027 (US$M)
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China ethylene vinyl acetate copolymer market highlights
- The China ethylene vinyl acetate copolymer market generated a revenue of USD 1,816.5 million in 2019 and is expected to reach USD 2,509.7 million by 2027.
- The China market is expected to grow at a CAGR of 4.1% 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.
Ethylene vinyl acetate copolymer market data book summary
| Market revenue in 2019 | USD 1,816.5 million |
| Market revenue in 2027 | USD 2,509.7 million |
| Growth rate | 4.1% (CAGR from 2019 to 2027) |
| Largest segment | Vinyl acetate modified polyethylene |
| Fastest growing segment | Thermoplastic Ethylene-Vinyl Acetate |
| Historical data | 2016 - 2018 |
| Base year | 2019 |
| Forecast period | 2020 - 2027 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Vinyl Acetate Modified Polyethylene, Thermoplastic Ethylene-Vinyl Acetate, Ethylene Vinyl Acetate Rubber |
| Key market players worldwide | Exxon 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, China accounted for 24.0% of the global ethylene vinyl acetate copolymer market in 2019.
- Country-wise, China is expected to lead the global market in terms of revenue in 2027.
- In Asia Pacific, China ethylene vinyl acetate copolymer market is projected to lead the regional market in terms of revenue in 2027.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 896.3 million by 2027.
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Ethylene Vinyl Acetate Copolymer Market Scope
Ethylene Vinyl Acetate Copolymer Market Companies
| Name | Profile | # Employees | HQ | Website |
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China 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 58.13% in 2019. Horizon Databook has segmented the China 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.
China has been leading the solar energy generation projects and is the world’s largest manufacturer of solar panel technology. According to the International Energy Agency (IEA), China produces more than more than 60% of the world’s solar panels.
According to the International Renewable Energy Agency, China stood at number one position in 2019 in terms of solar energy generation and had 253 GW of installed capacity in comparison to 151 GW installed capacity in the European Union at the end of 2020.
Ethylene-vinyl acetate copolymer is used as an encapsulation material in solar cells due to its excellent optical transmission property and resistance to UV degradation.
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Horizon Databook provides a detailed overview of country-level data and insights on the China ethylene vinyl acetate copolymer market , including forecasts for subscribers. This country databook contains high-level insights into China ethylene vinyl acetate copolymer market from 2016 to 2027, including revenue numbers, major trends, and company profiles.
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China ethylene vinyl acetate copolymer market size, by type, 2016-2027 (US$M)
China Ethylene Vinyl Acetate Copolymer Market Outlook Share, 2019 & 2027 (US$M)
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