Overview and Scope
Ethylene copolymers are elastic materials formed by the copolymerization of
ethylene and propylene, usually in conjunction with other chemical compounds,
as these copolymers have good ozone and voltage resistance. Ethylene copolymers
are commonly utilized in hot-melt adhesives and sealants due to their
mechanical cohesiveness and adhesive characteristics.
Sizing and Forecast
The ethylene copolymers market size has grown strongly in recent years. It will
grow from $50.43 billion in 2023 to $53.32 billion in 2024 at a compound annual
growth rate (CAGR) of 5.7%. The growth in the historic period can be
attributed to consumer electronics demand, construction and infrastructure use,
sustainability initiatives, healthcare packaging needs, regulatory compliance
and quality standards..
The ethylene copolymers market size is expected to see strong growth in the
next few years. It will grow to $66.74 billion in 2028 at a compound annual
growth rate (CAGR) of 5.8%. The growth
in the forecast period can be attributed to rapid advancements in additive
manufacturing, customization and high-performance requirements, automotive
industry demand, rising demand from packaging industry.. Major trends in the
forecast period include strategic collaborations, sustainable packaging
solutions, applications in construction and infrastructure..
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Segmentation & Regional Insights
The ethylene copolymers market covered in this report is segmented –
1) By Type: Ethylene Vinyl Acetate Copolymers, Ethylene Acrylic Ester
Copolymers, Ethylene Acrylic Ester Terpolymers, Ethylene Vinyl Acetate
Terpolymers
2) By Application: Hot Melt Adhesives, Asphalt Modifications, Thermo Adhesive
Films, Other applications
3) By End Users: Automotive, Packaging, Building and Construction, Textile,
Food and Beverages, Other End Users
Asia-Pacific was the largest region in the global ethylene copolymers market in
2023. The regions covered in the ethylene copolymers market report are
Asia-Pacific, Western Europe, Eastern Europe, North America, South America,
Middle East, Africa.
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Major Driver Impacting Market Growth
The increasing adoption of waste packaging recycling is expected to propel the
growth of the ethylene copolymers market going forward. Waste packaging
recycling is a technique of waste material recovery that transforms waste into
new products, materials, or substances for those original uses or for other
ones. Packaging waste containing polymers and other materials can be recycled
through the pyrolysis process, in which the waste is thermally cracked into
fuels and chemicals. The rising adoption of waste packaging recycling leads to
a growing demand for ethylene copolymers due to their superior compatibility
activities and conversion into high-yielding recycled products. For instance,
in September 2022, according to a report published by the Environmental
Protection Agency, a US-based executive agency working in environmental
protection matters, in 2021, Ireland recycled 1,238,383 tones of packaging
waste out of which 18%, 225,000 tones of the packaging waste that was recycled
in 2021. Therefore, increasing the adoption of waste packaging recycling is
expected to drive the growth of the ethylene copolymers market.
Key Industry Players
Major companies operating in the ethylene copolymers market report are Dow
Inc., Sipchem Company, USI Corporation, Celanese Corporation, Exxon Mobil
Corporation, BASF SE, Wacker Chemie AG, Tosoh Corporation, Saudi Basic
Industries Corporation , Repsol S.A., LyondellBasell Industries N.V.,
Benson Polymers Limited, rxchemicals.com, Dycon Chemicals, EXEN CHEM, N
SHASHIKANT & CO, Triveni chemicals, AVH Polychem Private Limited, Sushila
Parmar International Pvt. Ltd., Amatya Impex Private Limited, Jai Radhe Sales,
Mitsui Chemicals, Sumitomo Chemical Co. Ltd., Wells Plastics Ltd., DuPont de Nemours
Inc., Arkema, Braskem, Chevron Phillips Chemical Company LLC, Formosa Plastics
Corporation, Ineos Group Limited, Lotte Chemical Corporation, Reliance
Industries Limited
The ethylene copolymers market report table of contents includes:
1. Executive Summary
2. Ethylene
Copolymers Market Characteristics
3. Ethylene
Copolymers Market Trends And Strategies
4. Ethylene
Copolymers Market - Macro Economic Scenario
5. Global
Ethylene Copolymers Market Size and Growth
.
31. Global Ethylene Copolymers Market Competitive Benchmarking
32. Global
Ethylene Copolymers Market Competitive Dashboard
33. Key
Mergers And Acquisitions In The Ethylene Copolymers Market
34.
Ethylene Copolymers Market Future Outlook and Potential Analysis
35.
Appendix
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