India Ethylene Vinyl Acetate Copolymer Market Size & Outlook
India ethylene vinyl acetate copolymer market, 2016-2027 (US$M)
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India ethylene vinyl acetate copolymer market highlights
- The India ethylene vinyl acetate copolymer market generated a revenue of USD 507.0 million in 2019 and is expected to reach USD 896.3 million by 2027.
- The India market is expected to grow at a CAGR of 7.4% 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.
Ethylene vinyl acetate copolymer market data book summary
| Market revenue in 2019 | USD 507.0 million |
| Market revenue in 2027 | USD 896.3 million |
| Growth rate | 7.4% (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, India accounted for 6.7% 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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India 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 54.18% in 2019. Horizon Databook has segmented the India 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.
Indian renewable energy sector is the fourth most attractive renewable energy market in the world and was ranked fifth in the solar power installed capacity in 2019. With the increased support of Government and improved economics, the renewable energy sector is expected to attract investors for the planned projects.
According to the Indian Brand Equity Foundation an initiative of the Ministry of Commerce & Industry, the government of India is aiming to achieve 114 GW of solar capacity addition by 2022.
Since then the government has started attracting investments and have initiated steps to achieve the renewable energy target. The deployment of solar projects is expected to positively grow the demand for ethylene-vinyl acetate copolymer in the aforementioned sector.
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Horizon Databook provides a detailed overview of country-level data and insights on the India ethylene vinyl acetate copolymer market , including forecasts for subscribers. This country databook contains high-level insights into India ethylene vinyl acetate copolymer market from 2016 to 2027, including revenue numbers, major trends, and company profiles.
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India ethylene vinyl acetate copolymer market size, by type, 2016-2027 (US$M)
India Ethylene Vinyl Acetate Copolymer Market Outlook Share, 2019 & 2027 (US$M)
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