Middle East & Africa Ethylene Vinyl Acetate Copolymer Market Size & Outlook
Middle East & Africa ethylene vinyl acetate copolymer market, 2016-2027 (US$M)
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MEA ethylene vinyl acetate copolymer market highlights
- The MEA ethylene vinyl acetate copolymer market generated a revenue of USD 563.7 million in 2019.
- The market is expected to grow at a CAGR of 2.6% 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, Saudi Arabia is expected to register the highest CAGR from 2020 to 2027.
MEA data book summary
| Market revenue in 2019 | USD 563.7 million |
| Market revenue in 2027 | USD 694.4 million |
| Growth rate | 2.6% (CAGR from 2019 to 2027) |
| Largest segment | Vinyl acetate modified polyethylene |
| Fastest growing segment | Thermoplastic Ethylene-Vinyl Acetate |
| Historical data covered | 2016 - 2018 |
| Base year for estimation | 2019 |
| Forecast period covered | 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, MEA region accounted for 7.4% 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.
Key Regions: U.S. , UK , Japan , Brazil , Saudi Arabia
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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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Middle East & Africa 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 57.78% in 2019. Horizon Databook has segmented the Middle East & Africa 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.
Ethylene-vinyl acetate copolymer market in the region is expected to be driven by the growth of automotive, packaging, solar projects, and consumer goods applications.
Growing automotive aftermarket coupled with the easy availability of raw materials such as ethylene and vinyl acetate monomer is also likely to provide the necessary thrust for the growth of ethylene-vinyl acetate copolymer market in the region.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Middle East & Africa ethylene vinyl acetate copolymer market , including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa ethylene vinyl acetate copolymer market from 2016 to 2027, including revenue numbers, major trends, and company profiles.
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MEA ethylene vinyl acetate copolymer market size, by country, 2016-2027 (US$M)
Middle East & Africa Ethylene Vinyl Acetate Copolymer Market Outlook Share, 2019 & 2027 (US$M)
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