South Korea Ethylene Vinyl Acetate Copolymer Market Size & Outlook
South Korea ethylene vinyl acetate copolymer market, 2016-2027 (US$M)
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South Korea ethylene vinyl acetate copolymer market highlights
- The South Korea ethylene vinyl acetate copolymer market generated a revenue of USD 270.8 million in 2019 and is expected to reach USD 411.9 million by 2027.
- The South Korea market is expected to grow at a CAGR of 5.4% 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 270.8 million |
| Market revenue in 2027 | USD 411.9 million |
| Growth rate | 5.4% (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, South Korea accounted for 3.6% 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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South Korea 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 54.8% in 2019. Horizon Databook has segmented the South Korea 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.
Chemical and automotive industries are among the most important industries in South Korea. It is the leading manufacturer and exporter of ethylene-vinyl acetate copolymer in primary forms. According to the Observatory of Economic Complexity (OEC).
South Korea contributed to 22.4% of the global ethylene-vinyl acetate copolymer exports valued at USD 1.01 billion. The increased consumption of ethylene-vinyl acetate copolymer in various applications like automotive.
Medical & healthcare, packaging, electrical, and consumer goods coupled with demand form global market is expected to drive the production of EVA copolymer is South Korea over the forecast period.
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Horizon Databook provides a detailed overview of country-level data and insights on the South Korea ethylene vinyl acetate copolymer market , including forecasts for subscribers. This country databook contains high-level insights into South Korea ethylene vinyl acetate copolymer market from 2016 to 2027, including revenue numbers, major trends, and company profiles.
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South Korea ethylene vinyl acetate copolymer market size, by type, 2016-2027 (US$M)
South Korea Ethylene Vinyl Acetate Copolymer Market Outlook Share, 2019 & 2027 (US$M)
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