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Ethyl Vinyl Alcohol Copolymer

Ethyl Vinyl Alcohol Copolymer Prices Overview

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Ethyl Vinyl Alcohol Copolymer Prices Overview

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Market Overview

Quarterly Update on Global Ethyl Vinyl Alcohol Copolymer Market

For the Quarter Ending December 2020

Asia

EVOH market price in Southeast Asia rallied upwards keeping strong accord with the global price trend which mounted on the back of firming crude oil during first half of 4^th quarter. While on the feedstock front, stability in the Ethylene Vinyl Acetate (EVA) supply was witnessed which helped in uplifting the total availability of product in the region. However, the projections remained high amidst uncertainty associated to the demand from downstream industries such as automotive, food and others. On the demand front, sentiments have been lit by the news of vaccine rollout and a sharp pickup in the manufacturing sector towards the year end. Some Indian consumers stated that shortage of import containers which started after mid-November exacerbated the overall market tightness. The average price of EVOH in the region were assessed to be around USD 7900 per MT.

North America

The North American EVOH supply was hampered during October by the seasonal storms and Hurricane Laura in the Gulf coast regions which affected the overall product availability across the region. Prices remained high supported by stable feedstock and uniform demand from the food packaging sector majorly in the US, one of the largest consumers of packaged food globally. Certain manufacturers remained under pressure due to limited stocks and healthy demand fundamentals across the region enabling them to focus on revamping the production levels.

Europe

The supply of EVOH remained affected due to plant turnarounds in some regions due to COVID-19 pandemic which capped the market supply across the region. Steady improvement in demand was seen during November as lockdowns were eased and operations resumed in several end-user industries. The demand curve took an uptrend towards the end of December after weeks of persistent dullness. Prices rose to fresh highs due to firming feedstock and supply tightness due to soaring container freight.

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Services

Market Analysis

Company-wise installed capacity, production volume and plant operating efficiency is captured directly from manufacturers. Import and Export volume is captured from government sources and demand for Ethyl Vinyl Alcohol Copolymer is calculated considering the production, import, export and inventory-levels on the country and regional level markets.

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Pricing Analysis

The product price is correlated with the price trend of crude oil, demand-supply gap, fluctuations in the feedstock and with the market movement of the downstream sectors.

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Company Profile

Basic details and information on financial performance of leading global players in the Ethyl Vinyl Alcohol Copolymer market is presented in a visually captivating manner. Expansion plans and the company’s strategy is also captured to understand the vision and mission of the company to help understand the areas where companies need to focus more.

News & Deals

Daily updates on industry-specific and product-specific news, exclusive primary-based news capturing plant shutdowns/outages/closures, capacity expansions, operating rates, insights on demand-supply situation, awarding of technology licenses, new product launch and deals specifying mergers and acquisitions, strategic investments and disinvestments, to help players capitalize on market opportunity.

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Methodology

ChemAnalyst gathers information through primary research surveys conducted with various Ethyl Vinyl Alcohol Copolymer manufacturers, spread across the domestic and international market, suppliers and dealers/distributors to gain insights into value-chains and demand-supply scenario to assess the market situation. Thorough study of company’s annual reports and secondary sources such as exhaustive search on credible paid databases, including our internal database is done to verify the information. All the collected information is analyzed, evaluated and presented in chronological order to depict a meaningful and clear picture of the concerned market.

Our dedicated team of industry experts comprehensively monitors and analyzes various aspects of the Global Ethyl Vinyl Alcohol Copolymer market. The team analyzes various industrial segments, strategic viewpoints and provides an analysis of the industry’s performance in the long run. This would enable our clients in efficiently plan their future investments, mitigate risk, understand the cost dynamics and strike out a balance amidst market volatility.

Critical examination of the impact of COVID-19 pandemic on the global supply chains and shift in demand patterns with change in buying behavior of consumers across the globe.

Several ongoing development projects across industries are tracked, followed by the details of major projects in the development stage, which can positively or negatively influence Global Ethyl Vinyl Alcohol Copolymer market.

Pricing is captured through exhaustive primary interviews with domestic and international manufacturers, traders and importers and customers on monthly and yearly basis.

Finally, region-specific markets for Ethyl Vinyl Alcohol Copolymer are analyzed and region-wise demand pattern is tracked.

About

Ethyl Vinyl Alcohol (EVOH) is a clear, flexible and glossy thermoplastic copolymer formally produced by polymerization reaction of ethylene and vinyl alcohol. The production process involves a two-stages i.e. polymerization and saponification. First, ethylene and vinyl acetate are polymerized using an initiator/activator complex. The ethylene-vinyl acetate copolymer (EVAc) thus produced is saponified to yield ethylene vinyl alcohol copolymer. It is widely used across various end user industries including food packaging, automotive etc. owing to its flexibility, excellent flex-crack resistance, resistance to oil and harsh weather conditions etc. It is preferable compound globally due to its water soluble and readily biodegradable nature. The major demand generates from packaging applications across food, drugs, cosmetics etc. as EVOH has excellent gas barrier properties hence results in extended shelf life of products.

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Ethyl Vinyl Alcohol Copolymer Prices Overview