EVOH resin Market Size, Segments, and Growth by 2031

MARKET INTRODUCTION

EVOH, termed as Ethyl Vinyl Alcohol Copolymer, is a high oxygen barrier material that is most commonly used for the perishable food packaging applications. It is mainly used as a barrier film in the standard flexible and rigid packaging formats such as pouches, bags, etc. through the co-extrusion process, to protect food items from oxygen ingress. Widespread use of the EVOH barrier material shifted the trend from metalized and foil film laminations to co-extruded barrier films. It can be easily co-extruded with almost all polyolefin, polyamides, and other substances through standard co-extrusion equipment. Ethylene-vinyl alcohol (EVOH) resin is the semi-crystalline ethylene-vinyl alcohol copolymer with extraordinary gas barrier properties. It is used for food and non-food packaging applications. EVOH resin exhibits excellent thermal stability, chemical resistance, flavor preservation, and a barrier to oxygen, fragrance, and solvents.

MARKET DYNAMICS

EVOH for packaging has mostly gained a substantial market attraction in the last few years and is expected to dominate the barrier films segment. It is mainly used by the flexible and rigid packaging manufacturers to increase the barrier properties of their products and provide differentiated product offerings to their customers. The demand for PVDC barrier films decreases due to the evolution of EVOH based films in the market. EVOH has features such as transparency and gloss, which increase the aesthetic features of the products and, eventually, demand. It is an environment-friendly and recyclable product that causes very little harm or no harm to the environment. EVOH finds its application in various food packaging products such as meat packaging, baby food packaging, personal, cosmetics, etc. An increase in demand for end-use products will ultimately increase the need for the EVOH for packaging.

MARKET SCOPE

The "Global EVOH Resin Market Analysis to 2031" is a specialized and in-depth study of the food and beverages industry with a special focus on the global market trend analysis. The report aims to provide an overview of the EVOH resin market with detailed market segmentation by application, and geography. The EVOH resin market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading EVOH resin market players and offers key trends and opportunities in the market.

MARKET SEGMENTATION

The global EVOH resin market is segmented on the basis of application. On the basis of application the market is segmented into food packaging material, household wrapping material, automotive gas tanks, and pipes for floor heating systems, wall coverings, and others

REGIONAL FRAMEWORK

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the EVOH resin market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The EVOH resin market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting EVOH resin market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting EVOH resin market in these regions.

MARKET PLAYERS

The reports cover key developments in the EVOH resin market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from EVOH resin market are anticipated to lucrative growth opportunities in the future with the rising demand for EVOH resin in the global market. Below mentioned is the list of few companies engaged in the EVOH resin market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the EVOH resin market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.

•   Kuraray Europe GmbH
  
•   Nippon Gohsei (UK) Limited
  
•   Kureha Corporation
  
•   Chang Chun Group
  
•   Kuraray Co. Ltd.
  
•   Soarus L.L.C
  
•   Schur Flexibles Holding GesmbH
  
•   Gantrade Corporation
  
•   Waldorf Technik GmbH
  
•   Coveris Holdings S.A
  

The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.

EVOH resin Report Scope