Table of Contents
Ethylene undergoes polymerization with various molecules such as propylene, vinyl, butyl acrylate, ethyl acrylate and so on to form complex copolymers which have wide range of applications in various end user verticals. These copolymers have wide spectrum of applications which include packaging, consumer goods, lamination, biomedical and healthcare and so on. The ethylene copolymers market holds great market potential owing to their extensive range of applications.
North America holds the largest share in global ethylene copolymers market. The highest market share is due to presence of dominant end user verticals such as food and beverage industry, consumer goods, automotive industry, transportation and so on. Europe is the second major shareholder of global ethylene copolymers market and is followed by APAC region. The ethylene copolymers market is estimated to grow at a significant pace in coming years owing to its demand from packaging, biomedical and consumer goods sector.
Ethylene-vinyl Acetate (EVA) copolymer is most dominant type of ethylene copolymers due to its wide range of applications. Moreover, it recorded revenue of $8.64 billion in 2014 and is estimated to grow at a CAGR of 8.8% during the forecast period.The global demand for ethylene copolymers is growing at good pace over the years, owing to the increasing demand from end user verticals such as packaging, consumer goods, construction and so on. Increased focus of key players on ethylene copolymers owing to its wide spectrum of applications also driving the global ethylene copolymers market.
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