The Ethylene Vinyl Acetate Market is expected to register a CAGR of 6% from 2025 to 2031, with a market size expanding from US$ XX million in 2024 to US$ XX Million by 2031.
Ethylene Vinyl Acetate Market covers analysis by Type (Vinyl Acetate-Modified Polyethylene (Low VA Density), Thermoplastic Ethylene Vinyl Acetate (Medium VA Density), Ethylene Vinyl Acetate Rubber (High VA Density)); Application (Film, Foam, Hot Melt Adhesives, Wires (and) Cables, Extrusion Coating, Solar Cell Encapsulation, Others); End User (Automotive, Packaging (and) Paper, Paints(and) Coatings (and) Adhesives, Electronics (and) Electrical, Pharmaceutical, Footwear, Photovoltaic Panels, Others) , and Geography (North America, Europe, Asia Pacific, Middle East and Africa, and South and Central America). Ethylene Vinyl Acetate or EVA, are obtained through copolymerization of ethylene and vinyl acetate with a varying weight percentage of vinyl acetate up to 40 and remaining being ethylene.
Purpose of the ReportThe report Ethylene Vinyl Acetate Market by The Insight Partners aims to describe the present landscape and future growth, top driving factors, challenges, and opportunities. This will provide insights to various business stakeholders, such as:
- Technology Providers/Manufacturers: To understand the evolving market dynamics and know the potential growth opportunities, enabling them to make informed strategic decisions.
- Investors: To conduct a comprehensive trend analysis regarding the market growth rate, market financial projections, and opportunities that exist across the value chain.
- Regulatory bodies: To regulate policies and police activities in the market with the aim of minimizing abuse, preserving investor trust and confidence, and upholding the integrity and stability of the market.
Ethylene Vinyl Acetate Market Segmentation
Type- Vinyl Acetate-Modified Polyethylene
- Thermoplastic Ethylene Vinyl Acetate
- Ethylene Vinyl Acetate Rubber
- Film
- Foam
- Hot Melt Adhesives
- Wires Cables
- Extrusion Coating
- Solar Cell Encapsulation
- Others
Strategic Insights
Ethylene Vinyl Acetate Market Growth Drivers- Increasing Focus on Sustainability: Increasingly, EVA is being used in eco-friendly applications such as biodegradable packaging, solar panels, and footwear. As companies move toward greener alternatives because of environmental concerns and pressure from regulations, EVA's versatility makes it a material of preference. Its usage in eco-conscious industries, especially in renewable energy and packaging, supports its growing demand.
- Growth of the E-Commerce Industry: As the scale of e-commerce has scaled up rapidly, demand in the market for lightweight yet strong and cheap packaging material has increased significantly. EVA is gaining its prominence owing to its protective qualities, and it is relatively lightweight that can provide cushioning. Moreover, the rapid growth in online shopping all over the world is pushing the necessity for sustainable packaging, which further drives the market for the adoption of EVA packaging.
- Technological Advances in Manufacturing: The emergence of new grades of EVA with improved properties, such as increased durability, flexibility, and resistance to environmental stress, is driving the material's adoption across a range of applications. Innovations in the manufacturing process, such as the use of bio-based feedstocks, further enhance the appeal of EVA for companies seeking to meet regulatory standards and consumer demand for sustainable, high-performance products.
- The Rise of EVA in Biodegradable and Solar Panel Applications: These are becoming increasingly important in terms of volume, aligning with environmental consciousness. EVA is now being used in ecofriendly applications, including biodegradable products and the interior of solar panels, given the global trend for sustainability in sourcing materials.
- E-Commerce Growth: The increasing market of e-commerce is expected to escalate the demand for EVA in packaging solutions. The product has provided protection properties with light weightage; hence, this trend will be changed in a manner that will favor innovation in the designing of packaging materials, focusing on durability as well as sustainable shipment of products online.
- EVA Innovation in Safety and Sustainability: Changes in rules regarding safety of materials and the ecological impact will play a determining role for EVA markets. Corporations will be compelled by these regulations; it is well possible that they might further spur innovation in the creation of more safe and less hazardous products toward ecological effects for compliance with such regulations.
- Expansion in Emerging Markets: With urbanization and industrialization on the rise in emerging economies, there is vast potential for EVA in packaging, footwear, automotive, and construction, among other applications. With the increase in disposable incomes and rising awareness of environmental issues, these regions are a vast growth opportunity for EVA manufacturers.
- Electric Vehicle (EV) Advancements: EVA's superior insulation and low weight make it a valuable automotive material, especially for EVs. With the emphasis on clean transportation around the world, encapsulation for batteries, interior components, and other lightweight automotive parts are opportunities that will take off with increased adoption of EVs.
- Rising Demand for Biodegradable and Eco-Friendly Packaging: As plastics pollution awareness grows, this has opened up a new space in the market for sustainable alternatives in packaging. EVA used in biodegradable packaging specifically for single-use applications in food packaging presents a viable opportunity. With consumers as well as regulatory bodies making moves towards greener solutions, EVA can ride the trend and establish itself as the biggest player in the 'green packaging revolution'.
Market Report Scope
Key Selling Points
- Comprehensive Coverage: The report comprehensively covers the analysis of products, services, types, and end users of the Ethylene Vinyl Acetate Market, providing a holistic landscape.
- Expert Analysis: The report is compiled based on the in-depth understanding of industry experts and analysts.
- Up-to-date Information: The report assures business relevance due to its coverage of recent information and data trends.
- Customization Options: This report can be customized to cater to specific client requirements and suit the business strategies aptly.
The research report on the Ethylene Vinyl Acetate Market can, therefore, help spearhead the trail of decoding and understanding the industry scenario and growth prospects. Although there can be a few valid concerns, the overall benefits of this report tend to outweigh the disadvantages.
REGIONAL FRAMEWORK
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Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends

Segment Covered
This text is related
to segments covered.

Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America

Country Scope
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to country scope.
Frequently Asked Questions
Growing e-commerce industry globally is an emerging trend in the market.
The Asia Pacific market is expected to account for the highest CAGR during the forecast period owing to the rapid urbanization in the region.
The automotive end user segmnet accounted for the largest market share in 2023.
Arkema Group, Braskem, Celanese Corporation, China Petroleum & Chemical Corporation, E. I. du Pont de Nemours and Company, Exxon Mobil Corporation, Formosa Plastics Corporation, Hanwha Group, LyondellBasell Industries Holdings B.V., and The Dow Chemical Company are some of the key players operating in the market.
Growing demand from the packaging industry is a key driver in the market
The Ethylene Vinyl Acetate Market is estimated to witness a CAGR of 6% from 2023 to 2031
1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Ethylene Vinyl Acetate Market - By Type
1.3.2 Ethylene Vinyl Acetate Market - By Application
1.3.3 Ethylene Vinyl Acetate Market - By End User
1.3.4 Ethylene Vinyl Acetate Market - By Region
1.3.4.1 By Country
2. KEY TAKEWAYS
3. RESEARCH METHODOLOGY
4. ETHYLENE VINYL ACETATE MARKET LANDSCAPE
4.1. OVERVIEW
4.2. PEST ANALYSIS
4.2.1 North America - Pest Analysis
4.2.2 Europe - Pest Analysis
4.2.3 Asia-Pacific - Pest Analysis
4.2.4 Middle East and Africa - Pest Analysis
4.2.5 South and Central America - Pest Analysis
4.3. EXPERT OPINIONS
5. ETHYLENE VINYL ACETATE MARKET - KEY MARKET DYNAMICS
5.1. KEY MARKET DRIVERS
5.2. KEY MARKET RESTRAINTS
5.3. KEY MARKET OPPORTUNITIES
5.4. FUTURE TRENDS
5.5. IMPACT ANALYSIS OF DRIVERS, RESTRAINTS & EXPECTED INFLUENCE OF COVID-19 PANDEMIC
6. ETHYLENE VINYL ACETATE MARKET - GLOBAL MARKET ANALYSIS
6.1. ETHYLENE VINYL ACETATE - GLOBAL MARKET OVERVIEW
6.2. ETHYLENE VINYL ACETATE - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE
7. ETHYLENE VINYL ACETATE MARKET - REVENUE AND FORECASTS TO 2028 - TYPE
7.1. OVERVIEW
7.2. TYPE MARKET FORECASTS AND ANALYSIS
7.3. VINYL ACETATE-MODIFIED POLYETHYLENE (LOW VA DENSITY)
7.3.1. Overview
7.3.2. Vinyl Acetate-Modified Polyethylene (Low VA Density) Market Forecast and Analysis
7.4. THERMOPLASTIC ETHYLENE VINYL ACETATE (MEDIUM VA DENSITY)
7.4.1. Overview
7.4.2. Thermoplastic Ethylene Vinyl Acetate (Medium VA Density) Market Forecast and Analysis
7.5. ETHYLENE VINYL ACETATE RUBBER (HIGH VA DENSITY)
7.5.1. Overview
7.5.2. Ethylene Vinyl Acetate Rubber (High VA Density) Market Forecast and Analysis
8. ETHYLENE VINYL ACETATE MARKET - REVENUE AND FORECASTS TO 2028 - APPLICATION
8.1. OVERVIEW
8.2. APPLICATION MARKET FORECASTS AND ANALYSIS
8.3. FILM
8.3.1. Overview
8.3.2. Film Market Forecast and Analysis
8.4. FOAM
8.4.1. Overview
8.4.2. Foam Market Forecast and Analysis
8.5. HOT MELT ADHESIVES
8.5.1. Overview
8.5.2. Hot Melt Adhesives Market Forecast and Analysis
8.6. WIRES & CABLES
8.6.1. Overview
8.6.2. Wires & Cables Market Forecast and Analysis
8.7. EXTRUSION COATING
8.7.1. Overview
8.7.2. Extrusion Coating Market Forecast and Analysis
8.8. SOLAR CELL ENCAPSULATION
8.8.1. Overview
8.8.2. Solar Cell Encapsulation Market Forecast and Analysis
8.9. OTHERS
8.9.1. Overview
8.9.2. Others Market Forecast and Analysis
9. ETHYLENE VINYL ACETATE MARKET - REVENUE AND FORECASTS TO 2028 - END USER
9.1. OVERVIEW
9.2. END USER MARKET FORECASTS AND ANALYSIS
9.3. AUTOMOTIVE
9.3.1. Overview
9.3.2. Automotive Market Forecast and Analysis
9.4. PACKAGING & PAPER
9.4.1. Overview
9.4.2. Packaging & Paper Market Forecast and Analysis
9.5. PAINTS, COATINGS & ADHESIVES
9.5.1. Overview
9.5.2. Paints, Coatings & Adhesives Market Forecast and Analysis
9.6. ELECTRONICS & ELECTRICAL
9.6.1. Overview
9.6.2. Electronics & Electrical Market Forecast and Analysis
9.7. PHARMACEUTICAL
9.7.1. Overview
9.7.2. Pharmaceutical Market Forecast and Analysis
9.8. FOOTWEAR
9.8.1. Overview
9.8.2. Footwear Market Forecast and Analysis
9.9. PHOTOVOLTAIC PANELS
9.9.1. Overview
9.9.2. Photovoltaic Panels Market Forecast and Analysis
9.10. OTHERS
9.10.1. Overview
9.10.2. Others Market Forecast and Analysis
10. ETHYLENE VINYL ACETATE MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
10.1. NORTH AMERICA
10.1.1 North America Ethylene Vinyl Acetate Market Overview
10.1.2 North America Ethylene Vinyl Acetate Market Forecasts and Analysis
10.1.3 North America Ethylene Vinyl Acetate Market Forecasts and Analysis - By Type
10.1.4 North America Ethylene Vinyl Acetate Market Forecasts and Analysis - By Application
10.1.5 North America Ethylene Vinyl Acetate Market Forecasts and Analysis - By End User
10.1.6 North America Ethylene Vinyl Acetate Market Forecasts and Analysis - By Countries
10.1.6.1 United States Ethylene Vinyl Acetate Market
10.1.6.1.1 United States Ethylene Vinyl Acetate Market by Type
10.1.6.1.2 United States Ethylene Vinyl Acetate Market by Application
10.1.6.1.3 United States Ethylene Vinyl Acetate Market by End User
10.1.6.2 Canada Ethylene Vinyl Acetate Market
10.1.6.2.1 Canada Ethylene Vinyl Acetate Market by Type
10.1.6.2.2 Canada Ethylene Vinyl Acetate Market by Application
10.1.6.2.3 Canada Ethylene Vinyl Acetate Market by End User
10.1.6.3 Mexico Ethylene Vinyl Acetate Market
10.1.6.3.1 Mexico Ethylene Vinyl Acetate Market by Type
10.1.6.3.2 Mexico Ethylene Vinyl Acetate Market by Application
10.1.6.3.3 Mexico Ethylene Vinyl Acetate Market by End User
10.2. EUROPE
10.2.1 Europe Ethylene Vinyl Acetate Market Overview
10.2.2 Europe Ethylene Vinyl Acetate Market Forecasts and Analysis
10.2.3 Europe Ethylene Vinyl Acetate Market Forecasts and Analysis - By Type
10.2.4 Europe Ethylene Vinyl Acetate Market Forecasts and Analysis - By Application
10.2.5 Europe Ethylene Vinyl Acetate Market Forecasts and Analysis - By End User
10.2.6 Europe Ethylene Vinyl Acetate Market Forecasts and Analysis - By Countries
10.2.6.1 Germany Ethylene Vinyl Acetate Market
10.2.6.1.1 Germany Ethylene Vinyl Acetate Market by Type
10.2.6.1.2 Germany Ethylene Vinyl Acetate Market by Application
10.2.6.1.3 Germany Ethylene Vinyl Acetate Market by End User
10.2.6.2 France Ethylene Vinyl Acetate Market
10.2.6.2.1 France Ethylene Vinyl Acetate Market by Type
10.2.6.2.2 France Ethylene Vinyl Acetate Market by Application
10.2.6.2.3 France Ethylene Vinyl Acetate Market by End User
10.2.6.3 Italy Ethylene Vinyl Acetate Market
10.2.6.3.1 Italy Ethylene Vinyl Acetate Market by Type
10.2.6.3.2 Italy Ethylene Vinyl Acetate Market by Application
10.2.6.3.3 Italy Ethylene Vinyl Acetate Market by End User
10.2.6.4 United Kingdom Ethylene Vinyl Acetate Market
10.2.6.4.1 United Kingdom Ethylene Vinyl Acetate Market by Type
10.2.6.4.2 United Kingdom Ethylene Vinyl Acetate Market by Application
10.2.6.4.3 United Kingdom Ethylene Vinyl Acetate Market by End User
10.2.6.5 Russia Ethylene Vinyl Acetate Market
10.2.6.5.1 Russia Ethylene Vinyl Acetate Market by Type
10.2.6.5.2 Russia Ethylene Vinyl Acetate Market by Application
10.2.6.5.3 Russia Ethylene Vinyl Acetate Market by End User
10.2.6.6 Rest of Europe Ethylene Vinyl Acetate Market
10.2.6.6.1 Rest of Europe Ethylene Vinyl Acetate Market by Type
10.2.6.6.2 Rest of Europe Ethylene Vinyl Acetate Market by Application
10.2.6.6.3 Rest of Europe Ethylene Vinyl Acetate Market by End User
10.3. ASIA-PACIFIC
10.3.1 Asia-Pacific Ethylene Vinyl Acetate Market Overview
10.3.2 Asia-Pacific Ethylene Vinyl Acetate Market Forecasts and Analysis
10.3.3 Asia-Pacific Ethylene Vinyl Acetate Market Forecasts and Analysis - By Type
10.3.4 Asia-Pacific Ethylene Vinyl Acetate Market Forecasts and Analysis - By Application
10.3.5 Asia-Pacific Ethylene Vinyl Acetate Market Forecasts and Analysis - By End User
10.3.6 Asia-Pacific Ethylene Vinyl Acetate Market Forecasts and Analysis - By Countries
10.3.6.1 Australia Ethylene Vinyl Acetate Market
10.3.6.1.1 Australia Ethylene Vinyl Acetate Market by Type
10.3.6.1.2 Australia Ethylene Vinyl Acetate Market by Application
10.3.6.1.3 Australia Ethylene Vinyl Acetate Market by End User
10.3.6.2 China Ethylene Vinyl Acetate Market
10.3.6.2.1 China Ethylene Vinyl Acetate Market by Type
10.3.6.2.2 China Ethylene Vinyl Acetate Market by Application
10.3.6.2.3 China Ethylene Vinyl Acetate Market by End User
10.3.6.3 India Ethylene Vinyl Acetate Market
10.3.6.3.1 India Ethylene Vinyl Acetate Market by Type
10.3.6.3.2 India Ethylene Vinyl Acetate Market by Application
10.3.6.3.3 India Ethylene Vinyl Acetate Market by End User
10.3.6.4 Japan Ethylene Vinyl Acetate Market
10.3.6.4.1 Japan Ethylene Vinyl Acetate Market by Type
10.3.6.4.2 Japan Ethylene Vinyl Acetate Market by Application
10.3.6.4.3 Japan Ethylene Vinyl Acetate Market by End User
10.3.6.5 South Korea Ethylene Vinyl Acetate Market
10.3.6.5.1 South Korea Ethylene Vinyl Acetate Market by Type
10.3.6.5.2 South Korea Ethylene Vinyl Acetate Market by Application
10.3.6.5.3 South Korea Ethylene Vinyl Acetate Market by End User
10.3.6.6 Rest of Asia-Pacific Ethylene Vinyl Acetate Market
10.3.6.6.1 Rest of Asia-Pacific Ethylene Vinyl Acetate Market by Type
10.3.6.6.2 Rest of Asia-Pacific Ethylene Vinyl Acetate Market by Application
10.3.6.6.3 Rest of Asia-Pacific Ethylene Vinyl Acetate Market by End User
10.4. MIDDLE EAST AND AFRICA
10.4.1 Middle East and Africa Ethylene Vinyl Acetate Market Overview
10.4.2 Middle East and Africa Ethylene Vinyl Acetate Market Forecasts and Analysis
10.4.3 Middle East and Africa Ethylene Vinyl Acetate Market Forecasts and Analysis - By Type
10.4.4 Middle East and Africa Ethylene Vinyl Acetate Market Forecasts and Analysis - By Application
10.4.5 Middle East and Africa Ethylene Vinyl Acetate Market Forecasts and Analysis - By End User
10.4.6 Middle East and Africa Ethylene Vinyl Acetate Market Forecasts and Analysis - By Countries
10.4.6.1 South Africa Ethylene Vinyl Acetate Market
10.4.6.1.1 South Africa Ethylene Vinyl Acetate Market by Type
10.4.6.1.2 South Africa Ethylene Vinyl Acetate Market by Application
10.4.6.1.3 South Africa Ethylene Vinyl Acetate Market by End User
10.4.6.2 Saudi Arabia Ethylene Vinyl Acetate Market
10.4.6.2.1 Saudi Arabia Ethylene Vinyl Acetate Market by Type
10.4.6.2.2 Saudi Arabia Ethylene Vinyl Acetate Market by Application
10.4.6.2.3 Saudi Arabia Ethylene Vinyl Acetate Market by End User
10.4.6.3 U.A.E Ethylene Vinyl Acetate Market
10.4.6.3.1 U.A.E Ethylene Vinyl Acetate Market by Type
10.4.6.3.2 U.A.E Ethylene Vinyl Acetate Market by Application
10.4.6.3.3 U.A.E Ethylene Vinyl Acetate Market by End User
10.4.6.4 Rest of Middle East and Africa Ethylene Vinyl Acetate Market
10.4.6.4.1 Rest of Middle East and Africa Ethylene Vinyl Acetate Market by Type
10.4.6.4.2 Rest of Middle East and Africa Ethylene Vinyl Acetate Market by Application
10.4.6.4.3 Rest of Middle East and Africa Ethylene Vinyl Acetate Market by End User
10.5. SOUTH AND CENTRAL AMERICA
10.5.1 South and Central America Ethylene Vinyl Acetate Market Overview
10.5.2 South and Central America Ethylene Vinyl Acetate Market Forecasts and Analysis
10.5.3 South and Central America Ethylene Vinyl Acetate Market Forecasts and Analysis - By Type
10.5.4 South and Central America Ethylene Vinyl Acetate Market Forecasts and Analysis - By Application
10.5.5 South and Central America Ethylene Vinyl Acetate Market Forecasts and Analysis - By End User
10.5.6 South and Central America Ethylene Vinyl Acetate Market Forecasts and Analysis - By Countries
10.5.6.1 Brazil Ethylene Vinyl Acetate Market
10.5.6.1.1 Brazil Ethylene Vinyl Acetate Market by Type
10.5.6.1.2 Brazil Ethylene Vinyl Acetate Market by Application
10.5.6.1.3 Brazil Ethylene Vinyl Acetate Market by End User
10.5.6.2 Argentina Ethylene Vinyl Acetate Market
10.5.6.2.1 Argentina Ethylene Vinyl Acetate Market by Type
10.5.6.2.2 Argentina Ethylene Vinyl Acetate Market by Application
10.5.6.2.3 Argentina Ethylene Vinyl Acetate Market by End User
10.5.6.3 Rest of South and Central America Ethylene Vinyl Acetate Market
10.5.6.3.1 Rest of South and Central America Ethylene Vinyl Acetate Market by Type
10.5.6.3.2 Rest of South and Central America Ethylene Vinyl Acetate Market by Application
10.5.6.3.3 Rest of South and Central America Ethylene Vinyl Acetate Market by End User
11. INDUSTRY LANDSCAPE
11.1. MERGERS AND ACQUISITIONS
11.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
11.3. NEW PRODUCT LAUNCHES
11.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
12. ETHYLENE VINYL ACETATE MARKET, KEY COMPANY PROFILES
12.1. ARKEMA GROUP
12.1.1. Key Facts
12.1.2. Business Description
12.1.3. Products and Services
12.1.4. Financial Overview
12.1.5. SWOT Analysis
12.1.6. Key Developments
12.2. BRASKEM
12.2.1. Key Facts
12.2.2. Business Description
12.2.3. Products and Services
12.2.4. Financial Overview
12.2.5. SWOT Analysis
12.2.6. Key Developments
12.3. CELANESE CORPORATION
12.3.1. Key Facts
12.3.2. Business Description
12.3.3. Products and Services
12.3.4. Financial Overview
12.3.5. SWOT Analysis
12.3.6. Key Developments
12.4. CHINA PETROLEUM & CHEMICAL CORPORATION
12.4.1. Key Facts
12.4.2. Business Description
12.4.3. Products and Services
12.4.4. Financial Overview
12.4.5. SWOT Analysis
12.4.6. Key Developments
12.5. E. I. DU PONT DE NEMOURS AND COMPANY
12.5.1. Key Facts
12.5.2. Business Description
12.5.3. Products and Services
12.5.4. Financial Overview
12.5.5. SWOT Analysis
12.5.6. Key Developments
12.6. EXXON MOBIL CORPORATION
12.6.1. Key Facts
12.6.2. Business Description
12.6.3. Products and Services
12.6.4. Financial Overview
12.6.5. SWOT Analysis
12.6.6. Key Developments
12.7. FORMOSA PLASTICS CORPORATION
12.7.1. Key Facts
12.7.2. Business Description
12.7.3. Products and Services
12.7.4. Financial Overview
12.7.5. SWOT Analysis
12.7.6. Key Developments
12.8. HANWHA GROUP
12.8.1. Key Facts
12.8.2. Business Description
12.8.3. Products and Services
12.8.4. Financial Overview
12.8.5. SWOT Analysis
12.8.6. Key Developments
12.9. LYONDELLBASELL INDUSTRIES HOLDINGS B.V.
12.9.1. Key Facts
12.9.2. Business Description
12.9.3. Products and Services
12.9.4. Financial Overview
12.9.5. SWOT Analysis
12.9.6. Key Developments
12.10. THE DOW CHEMICAL COMPANY
12.10.1. Key Facts
12.10.2. Business Description
12.10.3. Products and Services
12.10.4. Financial Overview
12.10.5. SWOT Analysis
12.10.6. Key Developments
13. APPENDIX
13.1. ABOUT THE INSIGHT PARTNERS
13.2. GLOSSARY OF TERMS
1. Arkema Group
2. Braskem
3. Celanese Corporation
4. China Petroleum & Chemical Corporation
5. E. I. du Pont de Nemours and Company
6. Exxon Mobil Corporation
7. Formosa Plastics Corporation
8. Hanwha Group
9. LyondellBasell Industries Holdings B.V.
10. The Dow Chemical Company
0
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.