Global EVOH Resin Market Size & Share Analysis - By Product Type, By Application, By Region - Forecasts (2024 - 2031)

The "EVOH Resin Market" prioritizes cost control and efficiency enhancement. Additionally, the reports cover both the demand and supply sides of the market. The EVOH Resin market is anticipated to grow at an annual rate of 5.7% from 2024 to 2031.

This entire report is of 177 pages.

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EVOH Resin Market Analysis

The EVOH Resin market research report provides insights into the current market conditions of ethylene vinyl alcohol copolymer resin. EVOH Resin is a high barrier material used in food packaging, automotive, and construction industries due to its excellent barrier properties and sustainability. The market is driven by increasing demand for packaged food, rising awareness about food safety, and stringent regulations promoting sustainable packaging solutions. Key players in the market include Kuraray, Nippon Gohsei, and Chang Chun Petrochemical. The report highlights the market dynamics, competitive landscape, and recommends strategies for companies to capitalize on the growing demand for EVOH Resin.

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EVOH resin, also known as Ethylene Vinyl Alcohol copolymer, is a popular material used in various industries. With different ethylene mol% levels ranging from below 29 to above 44, it offers versatility in applications such as food packaging, household wrapping, automotive gas tanks, and more. The market segmentation includes different types of products suitable for a range of purposes like pipes for floor heating systems and wall coverings.

When it comes to regulatory and legal factors, EVOH resin market is subject to specific conditions. The material must meet certain standards and regulations to ensure safety and quality in different industries. Companies producing EVOH resin must comply with regulations set by authorities to maintain market integrity and consumer trust. These factors play a crucial role in shaping the market dynamics and influencing the growth of the EVOH resin industry. As businesses navigate through these regulations, they must stay informed and updated on any changes to stay competitive in the market.

Top Featured Companies Dominating the Global EVOH Resin Market

The global EVOH resin market is highly competitive with key players such as Kuraray, Nippon Gohsei, and Chang Chun Petrochemical dominating the market. These companies offer a wide range of EVOH resin products for various applications such as food packaging, agricultural films, and automotive components.

Kuraray is a leading player in the EVOH resin market, known for its high-quality products and innovative solutions. The company has a strong presence in the global market and caters to a wide range of industries. Nippon Gohsei is another major player in the market, known for its advanced EVOH resin technology and sustainable solutions. The company focuses on research and development to meet the evolving needs of the market.

Chang Chun Petrochemical is a key player in the EVOH resin market, offering a diverse range of products for different applications. The company has a strong focus on sustainability and environmental responsibility, making it a preferred choice for many customers. These companies play a crucial role in driving the growth of the EVOH resin market by offering innovative solutions, expanding their product portfolio, and forming strategic partnerships with key players in the industry.

In terms of sales revenue, Kuraray reported revenue of approximately $ billion in 2020, Nippon Gohsei reported revenue of around $900 million, and Chang Chun Petrochemical reported revenue of about $1.2 billion. These figures highlight the strong market position of these companies and their significant contribution to the overall growth of the EVOH resin market.

• Kuraray
• Nippon Gohsei
• Chang Chun Petrochemical

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EVOH Resin Segment Analysis

EVOH Resin Market, by Application:

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

EVOH resin is commonly used in various applications such as food packaging material, household wrapping material, automotive gas tanks, pipes for floor heating systems, wall coverings, and others. It is utilized in food packaging to provide excellent barrier properties against oxygen penetration, extending the shelf life of products. In household wrapping material, it helps in preserving the freshness of food. In automotive gas tanks, it prevents fuel permeation. The fastest growing application segment in terms of revenue is food packaging material, as the demand for packaged food products is increasing globally, driving the need for effective barrier materials like EVOH resin.

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EVOH Resin Market, by Type:

• Ethylene(mol%) Below 29
• 29-35 Ethylene(mol%)
• 35-38 Ethylene(mol%)
• 38-44 Ethylene(mol%)
• Ethylene(mol%) Above 44

EVOH resin comes in various types based on the ethylene content, ranging from below 29 mol% to above 44 mol%. Higher ethylene content in the resin provides better flexibility and ease of processing, making it suitable for applications such as food packaging and automotive fuel tanks. The different types cater to a wide range of industry needs, boosting the demand for EVOH resin in various sectors. Industries benefit from the versatility and performance of these different types of EVOH resin, contributing to the overall growth of the market.

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Regional Analysis:

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 EVOH resin market is expected to experience significant growth in regions such as North America (United States, Canada), Europe (Germany, France, ., Italy, Russia), Asia-Pacific (China, Japan, South Korea, India, Australia, Indonesia, Thailand, Malaysia), Latin America (Mexico, Brazil, Argentina, Colombia), and Middle East & Africa (Turkey, Saudi Arabia, UAE, Korea). Among these regions, Asia-Pacific is expected to dominate the market with a market share percentage valuation of around 40%. North America and Europe are also anticipated to have a significant market share of approximately 25% each, while Latin America and Middle East & Africa are projected to have a smaller market share of around 10% each.

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