EVA Films Market Size, Share & Industry Analysis, By Type (Normal EVA Films, Anti-PID Films), By Application (PV Modules, Laminated Glass, Others) And Regional Forecast, 2024-2032
KEY INDUSTRY INSIGHTS
EVA films also called as ethylene vinyl acetate films are based on the ethylene vinyl acetate copolymers and additives. These films have good adhesion to glass surfaces and possess characteristics like toughness, impact resistance, durability, strength, transparency, bonding strength, moisture resistance, and high elongation at break. It is employed to contribute safety, insulation, anti-UV properties, and sound insulation in construction and automotive industry.
Rising constructional activities of green buildings is likely to foster market growth. Increasing adoption of EVA films to reduce the greenhouse gas emissions attributed to the CO2 capturing property of resin during the production process shall significantly impact the market. additionally, use of EVA films as sealants in photovoltaic solar modules of solar panels is expected to drive demand for EVA films.
However, there are relatively economical alternatives available in market such as linear low density LLDPE. This is expected to hinder market growth.
Key Market Driver -
Increasing demand from construction Industry.
Key Market Restraint -
Availability of alternatives
Market Segmentation:
Based on type, market is segmented into Normal EVA films and Anti-PID films, and others. Based on Application the market is segmented into PV modules, laminated glass, and others.
From a geographical standpoint, the market is categorized into North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa.
Key Players Covered:
The global EVA Films market consists of global & regional players operating. Some of the key players in the market include STR Holdings, Inc, Bridgestone Corporation, Mitsui Chemicals, 3M, KENGO Industrial, SWM, and others.
Key Insights
- New Advancements in Production Technologies
- Key Trends in the EVA Films Market
- New Product Launches, Expansions, Key Players
- Ranking of Key Players in the Market
Regional Analysis:
The market has been segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Asia pacific is expected to hold prominent share in market owing to the rising constructional activities. North America is expected to show significant growth attributed to the increasing adoption of renewable sources and green energy. Europe is expected to show considerable growth due to increasing demand of laminated glasses from automotive sector. Latin America and Middle East & Africa shall exhibit sluggish growth by the end of forecast period.
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Segmentation
ATTRIBUTE | DETAILS |
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By Application |
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By Geography |
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EVA Films Industry Developments
- In January 2019, the Saudi Oil Company Sipchen initiated the commercial production of EVA films at 4000MT factory. The factory is being run by the group’s unit Saudi Specialized Products Company.
- Ongoing
- 2023
- 2019-2022
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