Chemicals
Ethylene Methyl Market is Expected to Reach $2.40 billion by 2023.
According to the new market research report by IndustryARC titled “Ethylene Methyl Acrylate Market: (2018-2023)”, Ethylene Methyl Acrylate Market:(2018-2023) By End User (Packaging,Textiles, Consumer goods, Biomedical Engineering & Healthcare, Lamination,Biomedical, Transportation and Others); By Geography-Forecast(2018-2023), the market is driven by the increased utilization in applications such as packaging, biomedical equipment, automobiles, and others.
Asia Pacific expected to dominate the Ethylene Methyl Acrylate Market
Asia Pacific is expected to lead the Ethylene Methyl Acrylate Market with a share of 52% by 2023, of nearly 50% in 2017 followed by Americas and Europe. In China, the growth of the market is driven by growing urbanization, shift in chain values, and environmental awareness. The growth of the automotive coatings and construction industries has increased the consumption of ethylene copolymers. In India, the higher plastic and rubber consumption propels the growth of the Acrylic market in Asia Pacific.
The growth of ethylene acrylic acid copolymer in North America is driven by dominant end user industries such as food and beverage, consumer goods, automotive, paint chemicals, and transportation.
Selected Analysis done in the Ethylene Methyl Market Report:
The packaging application is expected to be the largest segment in the Ethylene Methyl Acrylate Market during the forecast period. It is expected to grow at a CAGR of 4.5%. Ethylene Methyl Acylate is used as a packaging material for plastic bags, food packaging, films, and containers. This is due to its improved barrier capabilities against oxygen. Methacrylate polymer is also another alternative available to other copolymers and plastics for use in the packaging industry.
EMA copolymer has a higher thermal stability compared to other ethylene copolymers. This has resulted in the growing demand for EMA in the food packaging sector.
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Excerpts on Ethylene Methyl Market Growth Factors
- Since, Ethylene Methyl Acrylate is used in packaging films and creation of lids for bottles and tubes, it is considered as an important component in the packaging industry. The propylene based sealant layers can be peeled and reused due to EMA.
- Ethylene Methyl Acrylate is used in cable compounds which offers moisture protection to power transmission and telecommunication cables.
- The influx of investments in future provides opportunities for power cables and the demand for their accessories. Developing countries are investing heavily in their generation, transmission and distribution, which offer opportunities for the cable compound. This elevates the demand for EMA.
- Ethylene Methyl Acrylate Market By Application
- Packaging and Non Packaging
- Consumer Goods
- Biomedical Engineering and Healthcare
- Transportation
- Textiles
- Lamination
- Others
- Ethylene Methyl Acrylate Market Forecast By Geography ( Covers 12+ countries)
- Ethylene Methyle Acrylate Market By Entropy
- SCHULMAN
- EXXONMOBIL CORPORATION
- BORICA
- ARKEMA SA
- MARCO POLO INTERNATIONAL
- WESTLAKE CHEMICALS
- Dupont
- EVONIK INDUSTRIES AG
- KEENEYES INDUSTRIAL CORP.
- KOWA COMPANY
- Company 11
- Company 12
- Company 13
- Company 14
- Company 15+
- Market Size by Product Categories & Application 11. Demand Analysis (Revenue & Volume)
- Market trends & Relevant Market Data 12. Country level Analysis
- Manufacturer Landscape 13. Competitor Analysis
- Distributor Landscape 14. Ethylene Methyl Market Shares Analysis
- Pricing Analysis 15. Ethylene Methyl Market Value Chain Analysis
- Top 10 End user Analysis 16. Supply Chain Analysis
- Product Benchmarking 17. Ethylene Methyl Market Strategic Analysis
- Product Developments 18. Current & Future Market Landscape Analysis
- Mergers & Acquisition Analysis 19. Opportunity Analysis
- Patent Analysis 20. Revenue and Volume Analysis
- Does IndustryARC publish country or application based reports in Ethylene Methyl Acrylate segment?
- Americas Ethylene Methyl Acrylate Market Analysis (2018-2023)
- Europe Ethylene Methyl Acrylate Market Share (2018-2023)
- Asia Pacific Ethylene Methyl Acrylate Market Growth (2018-2023)
- Packaging and Non Packaging Ethylene Methyl Acrylate Market Forecast (2018-2023)
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