LONDON--(BUSINESS WIRE)--The global ethylene acrylic acid copolymer market size is expected to grow by USD 103.48 million during 2020-2024, progressing at a CAGR of over 8% during the forecast period.
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The increasing demand in the food packaging industry is one of the major factors propelling market growth. However, factors such as fluctuations in raw-material prices will hamper market growth.
Ethylene acrylic acid copolymer is extensively used in the food packaging industry for multiple packaging applications due to its adhesive properties with packaging substrates including LDPE, paper, polyamides, and foil. EAA copolymer is resistant to water, grease, thermos-plasticity, and solvents and is characterized by the thickening and binding properties. Additionally, it is highly suitable for acid-food packaging applications due to its high bond resistance property. The increased demand from the food packaging industry will be one of the major factors that will drive ethylene acrylic acid copolymer market growth.
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Global Ethylene Acrylic Acid Copolymer Market: Application Landscape
The adhesives segment contributes immensely to the growth of the global EAA copolymer market, mainly because of the increasing consumption of EAA in the packaging industry. The high adhesion performance of EAA copolymers makes them high-performance adhesives that are preferred by multiple industry segments.
Global Ethylene Acrylic Acid Copolymer Market: Geographic Landscape
Growth in the packaging, automotive, construction, industrial equipment, paper, and textile industries will significantly drive ethylene acrylic acid copolymer market growth in this region over the forecast period. 55% of the market’s growth will originate from APAC during the forecast period. China, Japan, and South Korea (Republic of Korea) are the key markets for ethylene acrylic acid copolymers in APAC. Market growth in this region will be faster than the growth of the market in Europe, MEA, and South America.
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Companies Covered
- ALTANA AG
- Arkema SA
- BASF SE
- Exxon Mobil Corp.
- Honeywell International Inc.
- LyondellBasell Industries NV
- Michelman Inc.
- SK global chemical Co. Ltd.
- Thermo Fisher Scientific Inc.
- Univar Solutions Inc.
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- Market share assessments for the regional and country-level segments
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- Competitive landscaping mapping the key common trends
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Ethylene Acrylic Acid Copolymer Market 2020-2024: Key Highlights
- CAGR of the market during the forecast period 2020-2024
- Detailed information on factors that will assist in ethylene acrylic acid copolymer market growth during the next five years
- Estimation of the ethylene acrylic acid copolymer market size and its contribution to the parent market
- Predictions on upcoming trends and changes in consumer behavior
- The growth of the ethylene acrylic acid copolymer market
- Analysis of the market’s competitive landscape and detailed information on vendors
- Comprehensive details of factors that will challenge the growth of ethylene acrylic acid copolymer market, vendors
Table of Contents:
Executive Summary
Market Landscape
- Market ecosystem
- Value chain analysis
Market Sizing
- Market definition
- Market segment analysis
- Market size 2019
- Market outlook: Forecast for 2019 - 2024
Five Forces Analysis
- Five force summary
- Bargaining power of buyers
- Bargaining power of suppliers
- Threat of new entrants
- Threat of substitutes
- Threat of rivalry
- Market condition
Market Segmentation by Application
- Market segments
- Comparison by Application
- Adhesives - Market size and forecast 2019-2024
- Barrier coating - Market size and forecast 2019-2024
- Others - Market size and forecast 2019-2024
- Market opportunity by Application
Customer landscape
Geographic Landscape
- Geographic segmentation
- Geographic comparison
- APAC - Market size and forecast 2019-2024
- North America - Market size and forecast 2019-2024
- Europe - Market size and forecast 2019-2024
- South America - Market size and forecast 2019-2024
- MEA - Market size and forecast 2019-2024
- Key leading countries
- Market opportunity by geography
- Market drivers
- Market challenges
- Market trends
Vendor Landscape
- Vendor landscape
- Landscape disruption
Vendor Analysis
- Vendors covered
- Market positioning of vendors
- ALTANA AG
- Arkema SA
- BASF SE
- Exxon Mobil Corp.
- Honeywell International Inc.
- LyondellBasell Industries NV
- Michelman Inc.
- SK global chemical Co. Ltd.
- Thermo Fisher Scientific Inc.
- Univar Solutions Inc.
Appendix
- Scope of the report
- Currency conversion rates for US$
- Research methodology
- List of abbreviations
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