Ethylene Vinyl Alcohol Copolymer (EVOH) (EVOH Resin) Market Report Reveals the Latest Trends And Growth Opportunities of this Market

The "Ethylene Vinyl Alcohol Copolymer (EVOH) (EVOH Resin) Market" is focused on controlling cost, and improving efficiency. Moreover, the reports offer both the demand and supply aspects of the market. The Ethylene Vinyl Alcohol Copolymer (EVOH) (EVOH Resin) market is expected to grow annually by 8.1% (CAGR 2024 - 2031).

This entire report is of 165 pages.

Ethylene Vinyl Alcohol Copolymer (EVOH) (EVOH Resin) Introduction and its Market Analysis

The Ethylene Vinyl Alcohol Copolymer (EVOH) (EVOH Resin) market research reports indicate a growing demand for this material due to its excellent barrier properties, particularly in food packaging applications. The target market for EVOH includes industries such as food & beverage packaging, medical packaging, and automotive fuel tanks. Major factors driving revenue growth in the EVOH market include increasing consumer awareness about food safety, strict regulations regarding packaging materials, and a rise in disposable income. Key players in the market include Kuraray, Nippon Gohsei, and Chang Chun Petrochemical. The report recommends investing in research and development to innovate new applications for EVOH and strengthen market presence.

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The Ethylene Vinyl Alcohol Copolymer (EVOH) market is segmented based on the percentage of ethylene content, with categories such as Ethylene(mol%)＜29, 29≤Ethylene(mol%)＜35, 35≤Ethylene(mol%)＜38, 38≤Ethylene(mol%)＜44, and Ethylene(mol%)≥44. This versatile material finds applications in various industries such as food packaging, household wrapping, automotive gas tanks, pipes for floor heating systems, and wall coverings.

Regulatory and legal factors play a crucial role in shaping the market conditions for EVOH. Compliance with regulations regarding food safety, environmental impact, and material safety is essential for manufacturers and suppliers in the EVOH industry. Understanding and adhering to these regulations is vital for market success and ensuring consumer trust in the quality and safety of EVOH products.

Top Featured Companies Dominating the Global Ethylene Vinyl Alcohol Copolymer (EVOH) (EVOH Resin) Market

The Ethylene Vinyl Alcohol Copolymer (EVOH) market is highly competitive with a few key players dominating the market. Some of the major companies operating in the EVOH market include Kuraray, Nippon Gohsei, and Chang Chun Petrochemical.

Kuraray is one of the leading producers of EVOH resins and has a strong presence in the market. The company offers a wide range of EVOH products for various applications such as food packaging, automotive fuel tanks, and construction materials. Nippon Gohsei is another major player in the EVOH market, known for its high-performance and environmentally friendly EVOH resins. Chang Chun Petrochemical also has a significant market share in the EVOH market and offers a diverse portfolio of EVOH products.

These companies use EVOH resins for a wide range of applications such as food packaging, medical packaging, agricultural films, and industrial films. EVOH resins provide excellent barrier properties against oxygen, moisture, and other gases, making them ideal for packaging applications. These companies play a crucial role in driving the growth of the EVOH market by investing in research and development to develop innovative EVOH products that cater to the evolving needs of various industries.

In terms of sales revenue, Kuraray reported a revenue of around $ billion in 2020, while Nippon Gohsei reported a revenue of approximately $ 900 million in the same year. Chang Chun Petrochemical’s sales revenue was around $ 1.5 billion in 2020.

Overall, these companies are key players in the EVOH market and are instrumental in driving its growth through innovation, product development, and strategic partnerships.

• Kuraray
• Nippon Gohsei
• Chang Chun Petrochemical

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Ethylene Vinyl Alcohol Copolymer (EVOH) (EVOH Resin) Market Analysis, by Type:

• Ethylene(mol%)＜29
• 29≤Ethylene(mol%)＜35
• 35≤Ethylene(mol%)＜38
• 38≤Ethylene(mol%)＜44
• Ethylene(mol%)≥44

Ethylene Vinyl Alcohol Copolymer (EVOH) resins are categorized based on the percentage of ethylene in their composition. These categories include ethylene(mol%)＜29, 29≤ethylene(mol%)＜35, 35≤ethylene(mol%)＜38, 38≤ethylene(mol%)＜44, and ethylene(mol%)≥44. Each type offers specific properties and benefits, such as improved barrier properties, flexibility, and chemical resistance. This diversity in EVOH resin types allows manufacturers to tailor their products to meet a wide range of industry needs, thereby boosting the overall demand for EVOH resins in various applications such as food packaging, medical devices, and automotive components.

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Ethylene Vinyl Alcohol Copolymer (EVOH) (EVOH Resin) Market Analysis, by Application:

• Food Packaging Material
• Household Wrapping Material
• Automotive Gas Tanks
• Pipes For Floor Heating Systems
• Wall Coverings

Ethylene Vinyl Alcohol Copolymer (EVOH) (EVOH Resin) is commonly used in various applications such as food packaging material, household wrapping material, automotive gas tanks, pipes for floor heating systems, and wall coverings. EVOH is used in food packaging material due to its excellent barrier properties against oxygen and moisture. In household wrapping material, EVOH provides superior protection against air and odors. In automotive gas tanks, EVOH prevents the permeation of fuel vapors. Pipes for floor heating systems benefit from EVOH's resistance to high temperatures. Wall coverings made with EVOH offer durability and moisture resistance. The fastest growing application segment in terms of revenue is food packaging material due to the increasing demand for sustainable and longer-lasting packaging solutions.

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Ethylene Vinyl Alcohol Copolymer (EVOH) (EVOH Resin) Industry Growth Analysis, by Geography:

North America:

• United States


• Canada

Europe:

• Germany


• France


• U.K.


• Italy


• Russia

Asia-Pacific:

• China


• Japan


• South Korea


• India


• Australia


• China Taiwan


• Indonesia


• Thailand


• Malaysia

Latin America:

• Mexico


• Brazil


• Argentina Korea


• Colombia

Middle East & Africa:

• Turkey


• Saudi


• Arabia


• UAE


• Korea

The Ethylene Vinyl Alcohol Copolymer (EVOH) (EVOH Resin) market is expected to witness significant growth in various regions. In North America, the United States and Canada are projected to dominate the market, with a market share percent valuation of around 30%. In Europe, countries like Germany, France, the ., Italy, and Russia are expected to contribute to market growth. The Asia-Pacific region, particularly China, Japan, South Korea, India, Australia, Indonesia, Thailand, and Malaysia, is also anticipated to see substantial market share growth. Latin American countries such as Mexico, Brazil, Argentina, and Colombia, as well as the Middle East & Africa region, including Turkey, Saudi Arabia, UAE, and Korea, are also expected to play a significant role in the EVOH market's expansion.

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