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Ethylene Copolymer Market Size, Share & Industry Analysis, By Type (Ethylene Vinyl Acetate Copolymers, Ethylene Acrylic Ester Copolymers, Ethylene Acrylic Ester Terpolymers, Ethylene Vinyl Acetate Terpolymers), By Application (Hot Melt, Asphalt, Thermo Adhesive Films, Adhesives & Sealants) and Regional Forecast, 2022-2029

Region : Global | Report ID: FBI102893 | Status : Ongoing

 

KEY INDUSTRY INSIGHTS

Ethylene is a flexible material that can be mixed with several other chemicals or polymers in order to create different organic copolymers that are used for various applications. Specific copolymers are manufactured using different chemical methods. Such copolymers have excellent properties of mechanical stability and adhesion. These are hard-wearing and durable polymers that are easy to handle. They are used in many industries in a wide variety of applications. Ethylene undergoes polymerization with various molecules such as propylene, nylon, butyl acrylate, ethyl acrylate, and so on, to create complex copolymers that have a wide variety of uses in different vertical end-users. Typically in association with other chemical compounds, ethylene-propylene copolymer, also called ethylene-propylene rubber, is a form of synthetic rubber formed by copolymerizing ethylene and propylene. Besides the elastic properties, ethylene-propylene copolymers are highly resistant to electricity and ozone and can be treated with a variety of additives.


Key Market Driver -

Increased application in the packaging industry is driving the market.

Key Market Restraint -

high processing cost associated with the ethylene copolymer hampers the market


Packaging and automotive industries are anticipated to promote the demand for ethylene copolymers. Food packaging is anticipated to drive the ethylene copolymers market. Rising awareness about waste packaging and recycling is expected to fuel the market.


However, the high processing cost associated with the production is expected to hamper the market for ethylene copolymer.


Market Segmentation:


Based on type, the market for ethylene copolymers further segmented into ethylene-vinyl acetate copolymers, ethylene-acrylic ester copolymers, ethylene acrylic ester terpolymers and ethylene vinyl acetate terpolymers. Based on application, the market is segmented into hot melt, asphalt, thermo adhesive films and adhesives & sealants. From a geographical standpoint, the market is categorized into North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa.


Key Players Covered:


The global ethylene copolymer is fairly fragmented, with a number of global & regional players operating. Some of the key players in the ethylene copolymer market includes DuPont, Tosoh Corporation, ExxonMobil Chemical, LG Chem, SABIC,Ineos Polyolefins, BASF SE, Wells Plastics,Toray Industries and others


Key Insights



  • New Advancements in Production Technologies

  • Key Trends in the ethylene copolymer

  • New Product Launches, Expansions, Key Players

  • Ranking of Key Players in the Market


Regional Analysis:


The ethylene copolymers market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. In terms of use and output the Asia-Pacific zone dominates the ethylene copolymer. The ethylene copolymer is expected to see rising demand from India, China and other Asia-Pacific countries. Increasing demand from the packaging industry is expected to boost the sector in the coming years, in developing economies such as India and China. The Asia Pacific area is distinguished by an increased understanding of the various applications of ethylene copolymers.


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North America has a substantial role of the worldwide demand for ethylene copolymers. The high market share is attributed to the existence of dominant end-user vertical elements such as food and beverage companies, household products, automobile industry, transportation, etc. Europe is the third-largest consumer market shareholder. It is expected that the market for ethylene copolymers will rise at a substantial rate in coming years due to its demand from the food, biomedical and consumer goods industries. Owing to the emergence of many food and beverage industries, demand for copolymers is expected to increase in Latin America. Middle East & Africa show slow development due to availability of substitutes in the market.


Segmentation






















 ATTRIBUTE


 DETAILS

By Type




  • Ethylene Vinyl Acetate Copolymers

  • Ethylene Acrylic Ester Copolymers

  • Ethylene Acrylic Ester Terpolymers

  • Ethylene Vinyl Acetate Terpolymers



By Application




  • Hot Melt

  • Asphalt

  • Thermo Adhesive Films

  • Adhesives & Sealants



By Geography




  • North America (USA, Canada)

  • Europe (UK, Germany, France, Italy, Spain, Russia and Rest of Europe)

  • Asia Pacific (Japan, China, Taiwan, India, South Korea, Southeast Asia and Rest of Asia Pacific)

  • Latin America (Brazil, Mexico, Rest of Latin America)

  • Middle East & Africa (South Africa, GCC and Rest of the Middle East & Africa)



Ethylene Copolymer Industry Developments



  • In February 2020, Sabic releases new Lnp Elcres Crx Pc copolymers at Md&M West 2020 which can survive stress cracking in systems that are subjected to intense disinfectants in healthcare.

  • In June 2019, BASF announced a collaboration with SIBUR  to develop innovative polymer solutions at SIBUR’s PolyLab Research and Development Center.  Both companies decided to  operate together to harness modern manufacturing and R&D technology to develop a revolutionary variety of polymers using BASF's plastic additives


  • Ongoing
  • 2021
  • 2018-2020

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