Global EVA Resin Market Overview
Western Market Research estimates that the Global EVA Resin Market was valued at USD XXXX million in 2025 and is projected to reach USD XXXX million by 2036, expanding at a CAGR of XX% during the forecast period 2026–2036.
EVA resin is a copolymer of ethylene and vinyl acetate, offering flexibility, impact resistance, low-temperature toughness, clarity, and excellent adhesive properties. These attributes make EVA a preferred material across packaging films, solar encapsulation, footwear, adhesives, foams, coatings, and molded plastics. Market growth is driven by expanding solar photovoltaic installations, rising demand for flexible packaging, growth in footwear and sports goods, and increasing use of hot-melt adhesives.
This study integrates primary research (resin producers, converters, distributors, and end users) with secondary analysis (industry databases, regulatory frameworks, and historical trends). The assessment evaluates VA content optimization, processing technology, sustainability initiatives, pricing dynamics, and regional demand patterns.
Impact of COVID-19 on the EVA Resin Market
The COVID-19 pandemic caused short-term disruptions in automotive, construction, and footwear demand. However, the EVA resin market demonstrated resilience due to:
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Strong demand for packaging films and medical supplies
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Rapid recovery in adhesives and flexible packaging
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Continued growth in solar PV encapsulation films
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Post-pandemic rebound in footwear and consumer goods
By 2022 onward, demand stabilized, with long-term growth supported by renewable energy and packaging sectors.
Global EVA Resin Market Segmentation
By Production Technology
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Tubular EVA
-
Autoclave EVA
By Vinyl Acetate (VA) Content
-
Low VA EVA (≤10%)
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Medium VA EVA (10–20%)
-
High VA EVA (>20%)
By Application
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Film & Sheet (Packaging, Solar Encapsulation)
-
Adhesives & Coatings (Hot-Melt, Pressure-Sensitive)
-
Molding Plastics
-
Foaming Materials (Footwear, Sports, Cushioning)
-
Wire & Cable Insulation
By End-Use Industry
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Packaging
-
Renewable Energy (Solar PV)
-
Footwear & Sports Goods
-
Automotive
-
Construction
-
Consumer Goods
Regional Analysis
North America
-
Demand driven by packaging, adhesives, and renewable energy
-
High adoption of EVA in solar panel encapsulation
-
Focus on specialty and high-VA grades
Europe
-
Strong regulatory push toward recyclable and lightweight materials
-
Growth in adhesives, construction, and solar energy applications
-
Increasing focus on bio-based and low-carbon polymers
Asia-Pacific
-
Largest and fastest-growing regional market
-
Massive solar PV installations in China and India
-
Strong footwear, packaging, and consumer goods manufacturing base
South America
-
Growth supported by packaging and footwear sectors
-
Expanding local polymer processing capacity
Middle East & Africa
-
Capacity additions linked to petrochemical investments
-
Growing use in construction, packaging, and industrial applications
Competitive Landscape – Key Market Players
Competition is driven by production scale, VA-content flexibility, product consistency, and downstream integration. Key players in the global EVA resin market include:
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DuPont
-
ExxonMobil
-
Hanwha TotalEnergies
-
USI
-
Sinopec
-
Sipchem
-
BASF-YPC
-
Braskem
-
Westlake
-
Formosa Plastics
-
LG Chem
-
Celanese
-
Arkema
-
Repsol
-
LyondellBasell
-
Sumitomo Chemical
-
Lotte Chemical
-
Versalis
-
Tosoh
-
Ube
Porter’s Five Forces Analysis
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Threat of New Entrants: Medium – capital-intensive plants and technology licensing required
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Bargaining Power of Suppliers: Moderate – ethylene and vinyl acetate monomer price volatility
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Bargaining Power of Buyers: High – large converters negotiate on price and grade
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Threat of Substitutes: Moderate – competition from POE, TPU, and other elastomers
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Competitive Rivalry: High – global producers compete on price, quality, and VA flexibility
SWOT Analysis
Strengths
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Excellent flexibility and adhesion properties
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Wide application base across industries
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Strong compatibility with renewable energy applications
Weaknesses
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Dependence on petrochemical feedstocks
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Performance sensitivity to VA content
Opportunities
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Rapid growth of solar PV encapsulation films
-
Expansion of footwear and sports goods markets
-
Development of bio-based and low-carbon EVA grades
Threats
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Feedstock price volatility
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Competition from alternative elastomers
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Environmental scrutiny on plastics
Trend Analysis
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Rising demand for high-VA EVA in solar encapsulation
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Growth of hot-melt adhesive applications
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Lightweight foams for footwear and sports
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Increased focus on recyclable and sustainable EVA solutions
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Shift toward specialty and value-added EVA grades
Market Drivers & Challenges
Key Drivers
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Expansion of solar photovoltaic installations
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Growth in flexible packaging and adhesives
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Rising demand from footwear and consumer goods
Key Challenges
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Volatile raw material prices
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Recycling complexity of multi-layer EVA products
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Competition from alternative polymers
Value Chain Analysis
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Feedstock Suppliers (Ethylene, Vinyl Acetate Monomer)
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EVA Resin Manufacturers
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Compounders & Converters
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Distributors & Traders
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End-Use Industries (Packaging, Solar, Footwear, Construction)
Strategic Recommendations for Stakeholders
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Producers: Expand capacity for high-VA and solar-grade EVA
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Converters: Develop lightweight and high-performance formulations
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Investors: Target Asia-Pacific solar and packaging growth markets
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End Users: Secure long-term supply contracts to manage price volatility
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Policy Makers: Support recycling and low-carbon polymer initiatives
1. Market Overview of EVA Resin
1.1 EVA Resin Market Overview
1.1.1 EVA Resin Product Scope
1.1.2 Market Status and Outlook
1.2 EVA Resin Market Size by Regions:
1.3 EVA Resin Historic Market Size by Regions
1.4 EVA Resin Forecasted Market Size by Regions
1.5 Covid-19 Impact on Key Regions, Keyword Market Size YoY Growth
1.5.1 North America
1.5.2 East Asia
1.5.3 Europe
1.5.4 South Asia
1.5.5 Southeast Asia
1.5.6 Middle East
1.5.7 Africa
1.5.8 Oceania
1.5.9 South America
1.5.10 Rest of the World
1.6 Coronavirus Disease 2019 (Covid-19) Impact Will Have a Severe Impact on Global Growth
1.6.1 Covid-19 Impact: Global GDP Growth, 2019, 2020 and 2021 Projections
1.6.2 Covid-19 Impact: Commodity Prices Indices
1.6.3 Covid-19 Impact: Global Major Government Policy
2. Covid-19 Impact EVA Resin Sales Market by Type
2.1 Global EVA Resin Historic Market Size by Type
2.2 Global EVA Resin Forecasted Market Size by Type
2.3 Tubular EVA
2.4 Autoclave EVA
3. Covid-19 Impact EVA Resin Sales Market by Application
3.1 Global EVA Resin Historic Market Size by Application
3.2 Global EVA Resin Forecasted Market Size by Application
3.3 Film
3.4 Adhesive and Coating
3.5 Molding Plastics
3.6 Foaming Materials
4. Covid-19 Impact Market Competition by Manufacturers
4.1 Global EVA Resin Production Capacity Market Share by Manufacturers
4.2 Global EVA Resin Revenue Market Share by Manufacturers
4.3 Global EVA Resin Average Price by Manufacturers
5. Company Profiles and Key Figures in EVA Resin Business
5.1 DuPont (US)
5.1.1 DuPont (US) Company Profile
5.1.2 DuPont (US) EVA Resin Product Specification
5.1.3 DuPont (US) EVA Resin Production Capacity, Revenue, Price and Gross Margin
5.2 ExxonMobil (US)
5.2.1 ExxonMobil (US) Company Profile
5.2.2 ExxonMobil (US) EVA Resin Product Specification
5.2.3 ExxonMobil (US) EVA Resin Production Capacity, Revenue, Price and Gross Margin
5.3 Hanwha Total (KR)
5.3.1 Hanwha Total (KR) Company Profile
5.3.2 Hanwha Total (KR) EVA Resin Product Specification
5.3.3 Hanwha Total (KR) EVA Resin Production Capacity, Revenue, Price and Gross Margin
5.4 USI (TW)
5.4.1 USI (TW) Company Profile
5.4.2 USI (TW) EVA Resin Product Specification
5.4.3 USI (TW) EVA Resin Production Capacity, Revenue, Price and Gross Margin
5.5 Sinopec Beijing Yanshan (CN)
5.5.1 Sinopec Beijing Yanshan (CN) Company Profile
5.5.2 Sinopec Beijing Yanshan (CN) EVA Resin Product Specification
5.5.3 Sinopec Beijing Yanshan (CN) EVA Resin Production Capacity, Revenue, Price and Gross Margin
5.6 Sipchem (SA)
5.6.1 Sipchem (SA) Company Profile
5.6.2 Sipchem (SA) EVA Resin Product Specification
5.6.3 Sipchem (SA) EVA Resin Production Capacity, Revenue, Price and Gross Margin
5.7 BASF-YPC (CN)
5.7.1 BASF-YPC (CN) Company Profile
5.7.2 BASF-YPC (CN) EVA Resin Product Specification
5.7.3 BASF-YPC (CN) EVA Resin Production Capacity, Revenue, Price and Gross Margin
5.8 Braskem (BR)
5.8.1 Braskem (BR) Company Profile
5.8.2 Braskem (BR) EVA Resin Product Specification
5.8.3 Braskem (BR) EVA Resin Production Capacity, Revenue, Price and Gross Margin
5.9 Westlake (US)
5.9.1 Westlake (US) Company Profile
5.9.2 Westlake (US) EVA Resin Product Specification
5.9.3 Westlake (US) EVA Resin Production Capacity, Revenue, Price and Gross Margin
5.10 FPC (TW)
5.10.1 FPC (TW) Company Profile
5.10.2 FPC (TW) EVA Resin Product Specification
5.10.3 FPC (TW) EVA Resin Production Capacity, Revenue, Price and Gross Margin
5.11 TPI Polene (TH)
5.11.1 TPI Polene (TH) Company Profile
5.11.2 TPI Polene (TH) EVA Resin Product Specification
5.11.3 TPI Polene (TH) EVA Resin Production Capacity, Revenue, Price and Gross Margin
5.12 LG Chem (KR)
5.12.1 LG Chem (KR) Company Profile
5.12.2 LG Chem (KR) EVA Resin Product Specification
5.12.3 LG Chem (KR) EVA Resin Production Capacity, Revenue, Price and Gross Margin
5.13 Celanese (US)
5.13.1 Celanese (US) Company Profile
5.13.2 Celanese (US) EVA Resin Product Specification
5.13.3 Celanese (US) EVA Resin Production Capacity, Revenue, Price and Gross Margin
5.14 Arkema (FR)
5.14.1 Arkema (FR) Company Profile
5.14.2 Arkema (FR) EVA Resin Product Specification
5.14.3 Arkema (FR) EVA Resin Production Capacity, Revenue, Price and Gross Margin
5.15 Repsol (ES)
5.15.1 Repsol (ES) Company Profile
5.15.2 Repsol (ES) EVA Resin Product Specification
5.15.3 Repsol (ES) EVA Resin Production Capacity, Revenue, Price and Gross Margin
5.16 LyondellBasell (NL)
5.16.1 LyondellBasell (NL) Company Profile
5.16.2 LyondellBasell (NL) EVA Resin Product Specification
5.16.3 LyondellBasell (NL) EVA Resin Production Capacity, Revenue, Price and Gross Margin
5.17 Sumitomo Chem (JP)
5.17.1 Sumitomo Chem (JP) Company Profile
5.17.2 Sumitomo Chem (JP) EVA Resin Product Specification
5.17.3 Sumitomo Chem (JP) EVA Resin Production Capacity, Revenue, Price and Gross Margin
5.18 Levima/Haoda Chem (CN)
5.18.1 Levima/Haoda Chem (CN) Company Profile
5.18.2 Levima/Haoda Chem (CN) EVA Resin Product Specification
5.18.3 Levima/Haoda Chem (CN) EVA Resin Production Capacity, Revenue, Price and Gross Margin
5.19 Lotte Chem (KR)
5.19.1 Lotte Chem (KR) Company Profile
5.19.2 Lotte Chem (KR) EVA Resin Product Specification
5.19.3 Lotte Chem (KR) EVA Resin Production Capacity, Revenue, Price and Gross Margin
5.20 Total (FR)
5.20.1 Total (FR) Company Profile
5.20.2 Total (FR) EVA Resin Product Specification
5.20.3 Total (FR) EVA Resin Production Capacity, Revenue, Price and Gross Margin
5.21 Tosoh (JP)
5.21.1 Tosoh (JP) Company Profile
5.21.2 Tosoh (JP) EVA Resin Product Specification
5.21.3 Tosoh (JP) EVA Resin Production Capacity, Revenue, Price and Gross Margin
5.22 Versalis/Eni (IT)
5.22.1 Versalis/Eni (IT) Company Profile
5.22.2 Versalis/Eni (IT) EVA Resin Product Specification
5.22.3 Versalis/Eni (IT) EVA Resin Production Capacity, Revenue, Price and Gross Margin
5.23 Ube (JP)
5.23.1 Ube (JP) Company Profile
5.23.2 Ube (JP) EVA Resin Product Specification
5.23.3 Ube (JP) EVA Resin Production Capacity, Revenue, Price and Gross Margin
5.24 Huamei Polymer (CN)
5.24.1 Huamei Polymer (CN) Company Profile
5.24.2 Huamei Polymer (CN) EVA Resin Product Specification
5.24.3 Huamei Polymer (CN) EVA Resin Production Capacity, Revenue, Price and Gross Margin
5.25 NUC Corp (JP)
5.25.1 NUC Corp (JP) Company Profile
5.25.2 NUC Corp (JP) EVA Resin Product Specification
5.25.3 NUC Corp (JP) EVA Resin Production Capacity, Revenue, Price and Gross Margin
6. North America
6.1 North America EVA Resin Market Size
6.2 North America EVA Resin Key Players in North America
6.3 North America EVA Resin Market Size by Type
6.4 North America EVA Resin Market Size by Application
7. East Asia
7.1 East Asia EVA Resin Market Size
7.2 East Asia EVA Resin Key Players in North America
7.3 East Asia EVA Resin Market Size by Type
7.4 East Asia EVA Resin Market Size by Application
8. Europe
8.1 Europe EVA Resin Market Size
8.2 Europe EVA Resin Key Players in North America
8.3 Europe EVA Resin Market Size by Type
8.4 Europe EVA Resin Market Size by Application
9. South Asia
9.1 South Asia EVA Resin Market Size
9.2 South Asia EVA Resin Key Players in North America
9.3 South Asia EVA Resin Market Size by Type
9.4 South Asia EVA Resin Market Size by Application
10. Southeast Asia
10.1 Southeast Asia EVA Resin Market Size
10.2 Southeast Asia EVA Resin Key Players in North America
10.3 Southeast Asia EVA Resin Market Size by Type
10.4 Southeast Asia EVA Resin Market Size by Application
11. Middle East
11.1 Middle East EVA Resin Market Size
11.2 Middle East EVA Resin Key Players in North America
11.3 Middle East EVA Resin Market Size by Type
11.4 Middle East EVA Resin Market Size by Application
12. Africa
12.1 Africa EVA Resin Market Size
12.2 Africa EVA Resin Key Players in North America
12.3 Africa EVA Resin Market Size by Type
12.4 Africa EVA Resin Market Size by Application
13. Oceania
13.1 Oceania EVA Resin Market Size
13.2 Oceania EVA Resin Key Players in North America
13.3 Oceania EVA Resin Market Size by Type
13.4 Oceania EVA Resin Market Size by Application
14. South America
14.1 South America EVA Resin Market Size
14.2 South America EVA Resin Key Players in North America
14.3 South America EVA Resin Market Size by Type
14.4 South America EVA Resin Market Size by Application
15. Rest of the World
15.1 Rest of the World EVA Resin Market Size
15.2 Rest of the World EVA Resin Key Players in North America
15.3 Rest of the World EVA Resin Market Size by Type
15.4 Rest of the World EVA Resin Market Size by Application
16 EVA Resin Market Dynamics
16.1 Covid-19 Impact Market Top Trends
16.2 Covid-19 Impact Market Drivers
16.3 Covid-19 Impact Market Challenges
16.4 Porter
Global EVA Resin Market Segmentation
By Production Technology
-
Tubular EVA
-
Autoclave EVA
By Vinyl Acetate (VA) Content
-
Low VA EVA (≤10%)
-
Medium VA EVA (10–20%)
-
High VA EVA (>20%)
By Application
-
Film & Sheet (Packaging, Solar Encapsulation)
-
Adhesives & Coatings (Hot-Melt, Pressure-Sensitive)
-
Molding Plastics
-
Foaming Materials (Footwear, Sports, Cushioning)
-
Wire & Cable Insulation
By End-Use Industry
-
Packaging
-
Renewable Energy (Solar PV)
-
Footwear & Sports Goods
-
Automotive
-
Construction
-
Consumer Goods
Regional Analysis
North America
-
Demand driven by packaging, adhesives, and renewable energy
-
High adoption of EVA in solar panel encapsulation
-
Focus on specialty and high-VA grades
Europe
-
Strong regulatory push toward recyclable and lightweight materials
-
Growth in adhesives, construction, and solar energy applications
-
Increasing focus on bio-based and low-carbon polymers
Asia-Pacific
-
Largest and fastest-growing regional market
-
Massive solar PV installations in China and India
-
Strong footwear, packaging, and consumer goods manufacturing base
South America
-
Growth supported by packaging and footwear sectors
-
Expanding local polymer processing capacity
Middle East & Africa
-
Capacity additions linked to petrochemical investments
-
Growing use in construction, packaging, and industrial applications
Competitive Landscape – Key Market Players
Competition is driven by production scale, VA-content flexibility, product consistency, and downstream integration. Key players in the global EVA resin market include:
-
DuPont
-
ExxonMobil
-
Hanwha TotalEnergies
-
USI
-
Sinopec
-
Sipchem
-
BASF-YPC
-
