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Market Overview of Global EAA Polymer market:
According to our latest research, the global EAA Polymer market looks promising in the next 5 years. As of 2022, the global EAA Polymer market was estimated at USD 1055.63 million, and it's anticipated to reach USD 1351.51 million in 2028, with a CAGR of 4.2% during the forecast years.
Ethylene Acrylic Acid Copolymer (EAA) is a thermoplastic and very high adhesive material. EAA polymers have excellent heat sealability, tear resistance, adhesion, clarity, and toughness. EAA polymers are widely used in packaging, powder coating, adhesives, and more.
Increased demand for EAA polymers in the packaging industry
Ethylene acrylic acid copolymer (EAA) has excellent thermal adhesive properties and physical properties and is widely used in the field of packaging materials. EAA resin is widely used in high-end flexible packaging fields such as food and medicine due to its excellent adhesiveness, heat sealability, and tear resistance. For example, EAA polymers are used in the production of aseptic liquid packaging, dry food packaging, and laminate tube container packaging, among others.
At present, in the global market, with the development of the economy, consumers' demand for various types of products is increasing. Meanwhile, the global online retail market continues to grow rapidly, driven by the popularity of the Internet and smartphones. Consumers are increasingly buying more goods online, creating an increasing demand for packaging solutions.
Hence, increasing demand for EAA polymers in the packaging industry is driving the growth of the EAA polymers industry.
Growing Coatings Demand
A polymer coat is a thin layer of coating or paint made of polymers that provides excellent adhesion and corrosion protection. EAA polymer has a large number of applications in the field of powder coatings. For example, EAA powder can be sprayed on the surface of pipes, steel, non-woven fabrics, and other materials as anti-corrosion materials. EAA is used in coatings for high-speed digital printing applications to improve the adhesion of liquid toner, and in inkjet, coatings to improve image quality. Currently, there is a growing demand for coatings in various applications in the global market. For example, coatings are widely used for protective and decorative purposes in various industries including construction, automotive, aerospace, and consumer goods. Increasing demand for coatings in the construction industry is one of the major factors driving the growth of the coatings market. Growing urbanization and rising construction activities, especially in emerging economies, are driving the demand for coatings.
Hence, the rising demand for coatings is driving the demand growth for EAA polymers in the coatings segment.
Region Overview:
In 2022, the share of the EAA Polymer market in North America stood at 33.54%.
Company Overview:
DuPont is one of the major players operating in the EAA Polymer market, holding a share of 25.88% in 2023.
DuPont is a global innovation leader, delivering technology-based materials and solutions that help transform industries and everyday life. DuPont's product portfolio includes specialty chemicals and downstream products serving the electronics and communications, automotive, construction, security and protection, and water management industries.
INEOS is a global manufacturer of petrochemicals, specialty chemicals, and petroleum products. INEOS has diversified its business in recent years with the launch of INEOS Automotive and INEOS Hygienics, the acquisition of iconic British brand Belstaff and its expanding sports portfolio. INEOS also includes consumer brands and sports brands.
Mitsui Chemicals is a chemical company that provides basic chemicals, petrochemicals, functional polymer materials, polyurethanes, processed products, and functional chemicals. Its products are used in mobility, healthcare, food and packaging, and basic materials businesses.
Segmentation Overview:
By type, Acrylic Acid Content (wt%) ?10% segment accounted for the largest share of market in 2022.
Application Overview:
The market's largest segment by application is the segment Packaging, with a market share of 64.04% in 2022.
This report covers a research time span from 2018 to 2028, and presents a deep and comprehensive analysis of the global EAA Polymer market, with a systematical description of the status quo and trends of the whole market, a close look into the competitive landscape of the major players, and a detailed elaboration on segment markets by type, by application and by region.
Key Takeaways from the Global EAA Polymer Market Report:
Market Size Estimates: EAA Polymer market size estimation in terms of value and sales volume from 2018-2028
Market Trends and Dynamics: EAA Polymer market drivers, opportunities, challenges, and risks
Macro-economy and Regional Conflict: Influence of global inflation and Russia & Ukraine War on the EAA Polymer market
Segment Market Analysis: EAA Polymer market value and sales volume by type and by application from 2018-2028
Regional Market Analysis: EAA Polymer market situations and prospects in North America, Asia Pacific, Europe, Latin America, Middle East, Africa
Country-level Studies on the EAA Polymer Market: Revenue and sales volume of major countries in each region
EAA Polymer Market Competitive Landscape and Major Players: Analysis of 10-15 leading market players, sales, price, revenue, gross, gross margin, product profile and application, etc.
Trade Flow: Import and export volume of the EAA Polymer market in major regions.
EAA Polymer Industry Value Chain: EAA Polymer market raw materials & suppliers, manufacturing process, distributors, downstream customers
EAA Polymer Industry News, Policies & Regulations
Key players in the global EAA Polymer market are covered in Chapter 12:
Exxon Mobil
DuPont
SK Geo Centric (SKGC)
Mitsui Chemicals
INEOS
In Chapter 2 and Chapter 15.1, based on types, the EAA Polymer market from 2018 to 2028 is primarily split into:
Acrylic Acid Content (wt%) ?10%
Acrylic Acid Content (wt%) >10%
In Chapter 3 and Chapter 15.2, based on applications, the EAA Polymer market from 2018 to 2028 covers:
Packaging
Powder Coating
Adhesive
Other
Geographically, the detailed analysis of consumption, revenue, market share and growth rate of the following regions are covered in Chapter 7, 8, 9, 10, 11, 15.3, 15.4:
North America (Covered in Chapter 7)
United States
Canada
Asia-Pacific (Covered in Chapter 8)
China
Japan
India
South Korea
Southeast Asia
Australia
Others
Europe (Covered in Chapter 9)
Germany
France
UK
Italy
Spain
Russia
Poland
Others
Latin America (Covered in Chapter 10)
Mexico
Brazil
Argentina
Others
Middle East and Africa (Covered in Chapter 11)
GCC Countries
Africa
Others
The data of this research report is mainly obtained from industry associations, magazines, press releases, national customs, annual reports of enterprises, expert interviews, paid databases and other channels with authority. It also provides scientific forecasts of the industry's core development indicators through professional analysis and forecasting models.
In short, whatever role you take in this industry value chain, this report will help you or your company to acquire a systematic and in-depth understanding of the industry.
Chapter Outline
This report consists of 16 chapters. Below is a brief guideline to help you quickly grasp the main contents of each chapter:
Chapter 1 starts the report with an overview of the EAA Polymer market, as well as the definitions of the target market and the subdivisions. Through the presented global market size, regional market sizes, and segment market shares, you will be able to draw an overall and comprehensive picture of the market situation. Meanwhile, the research method and data source will be shared in this chapter.
Chapter 2 and Chapter 3 breaks down the market by different types and applications, with historic data presented in metrics of sales volume, revenue, market share and growth rate.
Chapter 4 elaborates on market dynamics and future trends in the industry, which contains an in-depth analysis of market drivers, opportunities, challenges, and risks. Other essential factors that will have a major impact on the market, i.e., industry news and policies in recent years, global inflation, and regional conflict, are also taken into consideration.
Chapter 5 compares the sales volume and revenue of the major regions across the globe, which enables the readers to understand the regional competitive pattern.
Chapter 6 is the analysis of the trade flow. Import volume and export volume are revealed on a regional level.
Chapters 7-11 focus on country-level studies. Data from the major countries in each region are provided, showing the current development of the industry in different countries. Besides, you will also find qualitative trends analysis under global inflation under each of the 6 regions.
Chapter 12 first up presents the competitive landscape by displaying and comparing the revenues, sales volumes, and market shares of the top players in the market, followed by a company-by-company analysis of all the major market participants with introductions of their products, product applications, company profiles, and business overview. In addition, their competitiveness is manifested through numbers of sales volume, revenue, price, gross and gross margin.
Chapter 13 looks into the whole market industrial chain, ranging from the upstream key raw materials and their suppliers to midstream distributors and downstream customers, with influences of global inflation taken into consideration.
Chapter 14 is perfect for those who wish to develop new projects in the industry. This chapter sheds a light on industry entry barriers and gives suggestions on new project investments.
Chapter 15 forecasts the future trend of the market from the perspective of different types, applications, and major regions.
Chapter 16 is the conclusion of the report which helps the readers sum up the main findings and insights.
Years considered for this report:
Historical Years: 2018-2022
Base Year: 2022
Estimated Year: 2023
Forecast Period: 2023-2028