The ethylene acrylic acid copolymer market share is expected to post an incremental growth of USD 111.55 million, accelerating at a CAGR of 6.29% over the next five years. The increasing demand in the food packaging industry will offer immense growth opportunities to vendors during the forecast period. The growth trajectory of the market is traced through a detailed analysis of the prevalent market forces, trends, and drivers to provide growth projections and insights. This analytical examination of the market will enable businesses to plan and set the path for future growth prospects. Unlock Free PDF Sample Report
The ethylene acrylic acid copolymer market is segmented by Application (Adhesives, Barrier coating, and Others) and Geography (APAC, North America, Europe, South America, and MEA). The rise in demand for bio-based acrylic acid is one of the major ethylene acrylic acid copolymer market trends that will positively influence the market value.
Owing to the increasing consumption of EAA in the packaging industry, the ethylene acrylic acid copolymer market growth in the adhesives segment will be significant during the forecast period. 68% of the market growth will originate from APAC during the forecast period. The increasing demand for packaged consumer goods and food products is driving the demand for EAA copolymers in the APAC region. China is the key country for the ethylene acrylic acid copolymer market in APAC.
One of the primary factors that will drive the ethylene acrylic acid copolymer market growth is the increasing demand in the food packaging industry. However, the fluctuating prices of raw materials will be a major challenge for the global ethylene acrylic acid copolymer market share growth during the forecast period.
The ethylene acrylic acid copolymer market report provides an understanding of this and all the other drivers that are likely to impact market growth. These insights will enable clients to design growth strategies that will leverage opportunities and neutralize challenges effectively.
The market is fragmented. ALTANA AG, Dow Inc., Exxon Mobil Corp., Honeywell International Inc., LyondellBasell Industries NV, Michelman Inc., Nanjing Tianshi New Material Technology Co. Ltd., SK global chemical Co. Ltd., TER HELL & Co. GmbH, and Thermo Fisher Scientific Inc. are some of the major ethylene acrylic acid copolymer market vendors.
Three key vendors and their offerings are:
The company offers ethylene acrylic acid copolymers such as AQUACER 8880. They operate in key business segments including BYK, ECKART, ELANTAS, and ACTEGA.
The company offers ethylene acrylic acid copolymers such as NUCREL 30707. The company operates in key business segments including Packaging and Specialty Plastics, Industrial Intermediates and Infrastructure, and Performance Materials and Coatings.
Exxon Mobil Corp.
The company offers ethylene acrylic acid copolymers such as Escor 5000, Escor 5050, Escor 5080 and more. They operate in key segments including Upstream, Downstream, and Chemical.
The research report provides insights into the top market player and their product portfolio along with pipeline analysis of upcoming developments and growth opportunities. The growth of the players depends on several factors such as market conditions, government support, and industry development. To survive and succeed in such an intensely competitive market, players must distinguish their product and service offerings through clear and unique value propositions. Download the Free PDF Sample Report