Ethylene Acrylic Acid (EAA) Market Size, Share, Trends, Key Drivers, Development Trends and Industry Growth Outlook
The ethylene acrylic acid (EAA) market is expected to witness market growth at a rate of 9.15% in the forecast period of 2021 to 2028 and is expected to reach USD 13.75 billion by 2028. Data Bridge Market Research report on ethylene acrylic acid (EAA) market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecast period while providing their impacts on the market’s growth. The increase in the number of research activities globally is escalating the growth of ethylene acrylic acid (EAA) market.
Ethylene acrylic acid copolymer (EAA) is generally utilized for adhesion to unprimed foil, paper and metalized film and also offers substrate protection for improved structure reliability and barrier integrity. The product comprises of substrate protection for improved structure reliability and barrier integrity ethylene and acrylic acid and possesses properties of both compounds. This is known to be separable in aqueous alkali and amines. The copolymer resins provide excellent adhesion to polar substrates without the need for primers. They are highly used in liquid aseptic, dry-food and laminated tube container packaging and cable shielding among others.
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The major players covered in the ethylene acrylic acid (EAA) market report are Dow, BASF SE, Arkema, Exxon Mobil Corporation, Honeywell International Inc., LyondellBasell Industries Holdings B.V., Michelman, Inc., SK global chemical Co., Ltd, ALTANA, Thermo Fisher Scientific Inc., Univar Solutions Inc., DuPont, Benson Polymers Limited, AVH Polychem Private Limited, Dycon Chemicals among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
Scope of the Ethylene Acrylic Acid (EAA) Market Report:
The ethylene acrylic acid (EAA) market is segmented on the basis of type, product type and application. The growth amongst the different segments helps you in attaining the knowledge related to the different growth factors expected to be prevalent throughout the market and formulate different strategies to help identify core application areas and the difference in your target markets.
- On the basis of type, the ethylene acrylic acid (EAA) market is segmented into extrusion grade EAA copolymer and injection grade EAA copolymer.
- On the basis of product type, the ethylene acrylic acid (EAA) market is segmented into 20 wt % comonomer, 9 wt % comonomer and 5 wt % comonomer.
- On the basis of application, the ethylene acrylic acid (EAA) market is segmented into packaging, powder coating, hot melt adhesive, water-based solvent and other.
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Ethylene Acrylic Acid (EAA) Market Regional Analysis/Insights
The Ethylene Acrylic Acid (EAA) market is analyzed and market size insights and trends are provided by country, material type, end user and application as referenced above.
The countries covered in the Ethylene Acrylic Acid (EAA) market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
North America dominates the market in terms of market share and market revenue and will continue to flourish its dominance during the forecast period of 2022-2029. The market growth over this region is attributed to the high demand for fiber cement Ethylene Acrylic Acid (EAA) within the region. Asia-Pacific on the other hand, is estimated to show lucrative growth over the forecast period of 2022-2029, due to the prominent presence of fiber cement Ethylene Acrylic Acid (EAA) market players within the region. Moreover, the high requirement for the residential and commercial building construction also boosts the regional demand.
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